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Hiring With Purpose Part 2: Identifying and Screening Candidates
At this point in the hiring process, you should already have a position description with clear requirements outlined, a set of objectives for the position, and a measuring stick for screening candidates. You may have potential candidates in hand from a number of sources – an internal candidate, a referral from someone in your organization,…
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Hiring With Purpose Part 1: Define the Position
In my last post, I encouraged companies to evaluate their hiring process. Remember, hire with purpose!! Put the same effort and diligence into hiring a new employee that you do evaluating and underwriting a loan decision, pursuing a new account or preparing for a regulatory exam. A first and critical step in the process is…
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Cost of a Mis-hire
2011 will be a year where you are likely faced with multiple hiring decisions. Key factors driving these will be: 1. Risk Management – Strengthening your risk organization and continuing to resolve problem assets. 2. Regulatory Compliance – Hiring to manage the new (and still largely unknown) requirements that will come with the new legislation.…
