How a Hiring Operating System is the Key to 10x Your Business with Rick Solo (Han’s little brother?)

We can all agree that the only way to 10 or 100x your company is to hire the strongest people. So, what are the strongest people? 

The strongest person for your company is a person who aligns with your values first. They understand the mission and they have a strong desire to impact the business because it benefits them first. 

Understanding the person across the table does not happen by chance but by a systematic approach to your interview that is designed to gather concrete evidence. 

The smartest companies know that cultural alignment is far more critical to a successful hire than merely a person’s skills. 

Today we discuss:

The value & pitfalls of a hiring system
How to implement a hiring operating system into your company

What is a hiring operating system?  The step by step process by which your company successfully hires.

Challenge today?

In any market, care needs to be taken when hiring
Right person, Right seat … Jim Collins - Good to Great

Time pressure
Hiring is a guessing game
Likability/commonality
Skills
Bias - educational background, company history (assumed success)

People hired are not properly positioned for your unique company
Builder, Improver, Maintainer
Hiring Process is common, weak or unorganized - Key indicator of how the business is run
People are systems resistant. 
Systems are the key to success

Why is this important to the company?

Operating Systems 

Save time & money
provide structure & clarity
Build accountability
Build effective practices 
Attract talent
A- players are drawn to successful opportunities

Systems Win
Business operating systems (EOS, scaling up, Strategic Coach, MAP)
IDC: Companies lose 20-30 percent of revenue each year due to ineffective business practices
https://www.entrepreneur.com/article/286084
https://www.forbes.com/sites/jeffboss/2016/11/01/5-ways-your-business-processes-could-be-hurting-your-business/?sh=6b39e50452e9

How do you build your hiring operating system?

Foundation

Values first
Own it- embrace the truth
Be transparent about the Good & Bad 
No one believes your company is perfect

Build Interview Question Library
Craft Behavioral questions (2-3)
Determine **Knockouts
Agree on questions

Establish Interview Structure
Timeline Commitment
Define Format
Outreach / Application
Intake Process - discovery call
Interview
Assessments/Tests (not too soon)
Decision

Build Job Description Template
Understand Performance Metrics
Build Call to Action Questions

Assign Questions 
to Interviewer position (order of importance)

Assemble Interview Team
3 teams of X

Execution

Rules of engagement

Discovery/Screening call
Assessment over Resume
Time up front saves pain in the end
non-transactional

TRAINING!!! 

Behavioral Interview
Bias annihilation
Knock Out’s
Role playing exercise
Interview question tweaking
Iteration of follow up questions
Solidify questions

Logging data
Wrapping up interview & Handoff
Gather feedback
Dismissal 

Role Playing wrap up

Key Takeaways -Value:

Systems -breed success and eliminate all the things that keep you up at night
Prioritize owning a hiring operating system that attracts the strongest people to your business 
Train your people how to interview to gather evidence to support the hire

Links

LinkedIn: https://www.linkedin.com/in/rick-girard-07722/

Websites: 

https://www.stridesearch.com/hire-power-radio

https://www.stridesearch.com/rick-girard

Facebook: https://www.facebook.com/HirePowerRadio/

YouTube: https://www.youtube.com/channel/UCeEJm9RoCfu8y7AJpaxkxqQ

 

This show is proudly sponsored by Criteria Crop: https://www.criteriacorp.com/