We Got One! How to Measure How Well You’re Hiring презентация

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Today’s Content Leader Tom Morley President, Snowflake LLC Strategy, organization, and people subject matter expert 17 years consulting to leaders in all sectors, US and abroad Twitter: @snowflakellc

Слайд 1We Got One! How to Measure How Well You’re Hiring
Tom Morley,

President, Snowflake Llc

Слайд 2Today’s Content Leader
Tom Morley
President, Snowflake LLC
Strategy, organization, and people subject matter

expert
17 years consulting to leaders in all sectors, US and abroad
Twitter: @snowflakellc


Слайд 3
The “right” people
A Simple Workforce Challenge

Inspire
Hire

Identify
A changing world calls for different

resources
People are a limiting factor for strategy
It’s hard to hire the people you need
Today’s challenges require inspired solutions

Слайд 4Did We Get This One Right?
Measuring what’s important about individuals
Typical measurable

elements of “right”
Readiness – Prepared for what’s expected
Performance – Delivering results, good “fit”
These elements cover other indicators
The organization may have other factors



Слайд 5Is the individual “right”?


Слайд 6Readiness
Is the employee prepared to contribute when asked?
Knowledge and skills at

prescribed times
Measure milestone capabilities
Align with development plans
Three primary methods:
Requirements tracking
Gateway knowledge assessment
Short-term evaluation


Слайд 7Readiness
Requirements tracking – “Did he/she get the basics?”
Benefits
Simplest form to track
Can

measure and respond within activity
Data can be collected and analyzed
Problems
Assumes training effectiveness
Tests are often too easy
No clear consequences


Слайд 8Readiness
Gateway knowledge assessment – “Is he/she ready?”
Benefits
Rigorous
Tests knowledge, not memory
Can

identify and address gaps
Problems
How much is “too much”?
Wrong person, or wrong program?*
Possible legal risks


Слайд 9Readiness
Short-term evaluation – “Is this working out?”
Benefits
Early recognition
Opportunity to correct
May be

able to identify commonalities
Problems
Can be highly subjective
Whose “fault” is it?*
Limited, often costly options



Слайд 10Readiness
Overall evaluative contribution
Value
Individual-level “course correction”
Aggregate trends
Concerns
Problem misidentification
When to “pull the plug”?



Слайд 11Performance
Is the person continuously contributing as expected?
Accomplishing, inspiring, and advancing
Evaluate results

of work and participation
Assess and project impact on organization
Three primary methods:
Performance reviews
Achievements
Return on investment (ROI)


Слайд 12Performance
Reviews – “Is he/she having the expected impact?”
Common types of reviews
Routine

interim and annual
On-going dialogue
360o feedback
PIP evaluations
Competency assessments – performance?


Слайд 13Performance
Reviews – “Is he/she having the expected impact?”
Benefits
Assess contributions and “fit”
Positive

and negative incentivization
Realignment and continuous growth
Problems
Subjectivity, real or perceived
Tendency to over-rate
Too infrequent, no dialogue



Слайд 14Performance
Reviews – “Is he/she having the expected impact?”
Key indicator of “right”,

if you:
Measure what matters
Align and adjust
Ensure “realism” and feasibility
Include effects on work environment
Provide adequate support
Train managers
Review and reconcile
Can tie back to hiring


Слайд 15Performance
Achievements – “Does the individual ‘stand out’”?
Common types of verifiable achievements
Promotions

(individual’s or others’)
Initiative leadership or participation
Internal and external awards
Industry thought leadership


Слайд 16Performance
Achievements – “Does the individual ‘stand out’?”
Benefits
Indicates intangible leadership qualities
Recognizes “going

the extra mile”
Can be sufficient reward by itself
Problems
Validity of promotions
Need to distinguish quality, quantity
Impediments to opportunity


Слайд 17Performance
ROI – “What is his/her impact on the ‘bottom line’?”
Benefits
Outcome-oriented
Very specific

indicator of impacts
Quantitative, difficult to dispute
Problems
Requires complete, accurate data
Primarily supports transactional
Hard to establish cause-and-effect





Слайд 18Performance
Overall evaluative contribution
Value
Individual impact
Aggregate trends
Concerns
Subjectivity
Opportunity and support



Слайд 19Does the process deliver?


Слайд 20Are We Getting Them Right?
Measuring aggregate hiring effectiveness
Typical measurable elements of

overall workforce
Recruiting
Hiring
Selection
Retention
Statistics don’t lie, but they do misdirect



Слайд 21Recruiting
Are we identifying the right candidates?
Delivering a qualified pool to choose

from
Analyze applicant statistics
Assess efficacy of identification
Key statistics:
Gross number and proportion qualified
Alignment of managers and recruiters
“Dropout” rate



Слайд 22Recruiting
Contributions of recruiting statistics
Benefits
Determine if recruiting strategy is working
Monitor performance of

recruiters
Improve communications
Problems
Rely on appropriateness of definitions
Require explanatory analysis
Some aspects beyond control


Слайд 23Recruiting
Exploring recruiting issues
Key explanatory statistics
Qualified candidates by source
Number and percentage qualified

by role
Time from contact to interview
Qualitative indicators
Individual candidate feedback
Labor market surveys


Слайд 24Hiring
Are the people we want accepting our offers?
Securing the selections
Evaluate hiring

statistics
Assess ability to capture
Key statistics:
Total acceptance rate
Average rank choice accepting



Слайд 25Hiring
Contributions of hiring statistics
Benefits
Evaluate success securing desired candidates
Problems
Require explanatory analysis
Market dependencies
Some

aspects beyond control


Слайд 26Hiring
Exploring hiring issues
Key explanatory statistics
Cycle time (from contact, interview to offer)
Acceptance

rate by job, source, demographic
Compensation demand gaps
Qualitative indicators
Individual candidate feedback


Слайд 27Selection
Are the people we’re hiring turning out “right”?
Investigating outcomes
Review performance statistics
Assess

workforce potential
Key statistics:
Distribution of performance ratings
Average time in position, # of promotions
Proportion of positions filled internally



Слайд 28Selection
Contributions of selection statistics
Benefits
Potentially best indicator across life cycle
Possibility of discovering

systemic issues
Problems
Many other factors may explain
Require explanatory analysis
Some aspects beyond control


Слайд 29Selection
Exploring potential selection issues
Key explanatory statistics
Aggregate department, enterprise performance
Distribution of ratings

vs. outcomes
Proportion of internal openings to staff
Qualitative indicators
Employee, culture surveys
Organization assessments


Слайд 30Retention
Are the “right” people sticking around?
Evaluating retention
Assess turnover statistics
Determine elements within

control
Key statistics:
Turnover rate by performance ratings



Слайд 31Retention
Contributions of retention statistics
Benefits
Identify potential environmental concerns
Possible indicator of incentive misalignment
Discover

need for policy changes
Problems
Require explanatory analysis
Market dependencies
Some aspects beyond control


Слайд 32Selection
Exploring potential retention issues
Key explanatory statistics
Average annual increase and incentive payments
Proportion

of promotion opportunities to staff
Turnover after training, certification, etc.
Turnover by job, manager, department
Qualitative indicators
Exit interviews, surveys
External economy, market review


Слайд 33Wrap-up


Слайд 34Summary
Measuring “right” – the individual and the process
Have to define “right”

to hire “right”
Getting it “wrong” is costly, affects brand
“Effectiveness” vs. “explanatory” measures
Individual monitoring allows real-time correction
Process evaluation:
Can identify systemic challenges
May not fix individual situations
Environment may play a major role


Слайд 35More Information
Learn more about best practices and how they might apply

to your organization
Snowflake LLC
+1.540.931.9943
info@snowflakellc.com
www.snowflakellc.com/contact

Facebook: www.facebook.com/snowflakellc
Twitter: @snowflakellc





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