Scott Hamilton: Hiring for Intellectual Value Over Spec!

Today’s show is all about challenging your past behavior. What has worked in the past will not work in the future and this is especially true in hiring! Hire people who think beyond the job you are hiring for and give them runway to grow. This is the only way to spark innovation and propel the growth of your business.

Today’s Quote: 

"None of us is as smart as all of us." - Ken Blanchard

Our guest today: Scott Hamilton, President & CEO of Executive Next Practices Institute

Scott is a well-known thought leader & speaker in the field of “next practices” improvement of executive and workforce performance for global “Fortune 5000” through emerging companies. 

He is also the Managing Director of NextWORKS Strategy, a premier provider of strategy development, alignment, innovation, board effectiveness, and executive performance programs to middle-market companies. Both of these entities have been recognized by Forbes and the Orange County Business Journal as leaders in fields of innovation, INtrepreneurship and strategic transformation.

Today we are going to discuss

Intellectual Value vs Skills
Your talent innovation ecosystem
4 step process to maximize your 

What are the blinders that entrepreneurs have

Past behavior
Curiosity about what is coming next
Bigger picture
Different domains other than your own domain

Why is it important that we hire people who can think above and beyond?

The organization needs to remain nimble and adaptable
Give the flexibility to innovate and grow
Allow for managed risk
Learning opportunities

How do we fix it?

Stop hiring for the current problem. Why?
Boxing yourself in 
Engaging the collective intelligence of the organization 

4 Step Process

First Question 
How have things been done in the past?
What no longer makes sense?
What can change?

Reduce
Eliminate or reduce the activity
What Practices, processes or services can be eliminated in the organization?

Raise
What can be done to rise above the competition?
Build it to a better service model
Re-onboarding
See what it is really like 

Create
What can you create that is totally new
Elevating value propositions
Start doing ROI, customer/employee satisfaction, overall effectiveness