Published on March 16, 2014
Richard Putley Managing Director Executives in Africa ‘Doing your Due Diligence when Hiring Senior Executives’
Doing your Due Diligence when Hiring You never get a second chance to make a first impression
Doing your Due Diligence when Hiring “80% of employee turnover can be specifically attributed to poor recruitment decisions.”
Doing your Due Diligence when Hiring Their Driving There are three things you should never criticise anyone on:-
Doing your Due Diligence when Hiring How they Bring up their Children There are three things you should never criticise anyone on:-
Doing your Due Diligence when Hiring There are three things you should never criticise anyone on:- Their Interviewing Skills
Doing your Due Diligence when Hiring The first 5 to 8 minutes
Why do you need to get it right? Candidate Generation & Recruitment Costs Employee, Management & Training Costs Termination Costs Business Costs
Why do you need to get it right? Total = $350,000
Why do you need to get it right? Decision was made without: • Full Preparation • Sufficient Assessment • Proper Judgement • Due Diligence
Why do you need to get it right? Not prepared for this critical business decision by: • Lack of Preparation • Insufficient Assessment • Poor Judgement • Lack of Due Diligence
How to identify a successful Candidate? Write a Job Description and Candidate Profile • Main Tasks & Responsibilities • Ad-hoc Projects in the first 6-12 months • Personal Qualities required • Essential skills and experience • Desirable skills and experience • Remuneration package
How to identify a successful Candidate? • How you will Evaluate Skills • What to Assess at each Interview Stage • All Stakeholders have Clear Objectives • Psychometric Testing • Internal Feedback Process / Marking System • Candidate Feedback • The Final Decision • The Offer Process
Why should they join you? So Why Choose You? • Career Opportunities • Remuneration & Benefits • Challenges of the Role • Culture Fit • Why did YOU join the business?
Why should they join you? Remember to ask them what THEY are looking for in their next Company and Role
Engaging with all the decision makers
Why use a Professional? Why use a Search Firm? • Get the candidates to the negotiation table • Search Consultants trained in Advanced Interview Techniques. • Third Party Management of the Process
Contact details Richard Putley Managing Director +44 7957 339 235 firstname.lastname@example.org www.executivesinafrica.com
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