Your organisation’s growing rapidly. How do you hire the right people? What should you be looking for?
My name’s Rashid Kotwal.
There are three predominant ways companies hire people. But only one leads to long term success. Both for the individual and the organisation.
Technically based organisations place emphasis on hiring candidates with specific skills. Engineers, accountants, lawyers, IT specialists are prime examples. They’re great at their jobs but we don’t often pay attention to personality fit or their ability to work in teams.
Star cultures look for the brightest individuals. They don’t have to be experts in your area, but must have the intellectual capacity to learn what’s required for the job.
And finally, commitment cultures where the critical requirement is candidates fit the values and beliefs the organisation espouses and then either be a professional or star type of person.
Out of the three only commitment cultures have the greatest long term survival rate.
When reviewing the dot com bubble, not one organisation with a commitment culture failed.
Professional cultures failed 3 times more often than the rest.
And when it came to IPOs commitment cultures succeeded 3 times more than Star and 4 times more than Professional cultures.
However, there’s a caveat.
Commitment cultures mean having shared values and beliefs at an identity level. It doesn’t mean everyone should agree on everything.
Successful leaders foster a think different culture where dissenting ideas and opinions are encouraged in the thinking and planning stages.
Then once plans are set in motion, everyone must get behind them.
Wrapping up, you as the leader define your organisation’s culture. Then you need to communicate and live it.
When working with our clients we help them do just this. So if you want to develop your leadership skills, and hire the right people for your organisation, reach out.
Till next time, this is Rashid Kotwal.
