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It is common knowledge that what separates great organizations from mediocre ones are the people found within its ranks. Fill a company with talented, committed, and passionate leaders and staffers, and you’re bound to see success. Unfortunately, finding those kinds of employees, and retaining them long-term, has become one of the biggest challenges organizations face today.
Consider the following: 38% of hiring managers report having difficulty finding good candidates. The pool of qualified candidates is rapidly shrinking: There are only 44 million members of Generations X and Y compared to 78 million Baby Boomers. ... Turnover costs about 1.5 times the salary of the departing employee....
Incorporating assessment instruments into the hiring process not only increase the organization’s hiring success, but also serves to accurately measure a variety of different traits that the organization deems critical for the job, and therefore should be identified in candidates who are offered the position. Assessments should not be seen or perceived by candidates as “tests.” A test implies correct and incorrect answers or something that one passes or fails. Rather, assessments are a method of identifying and evaluating traits (i.e., behavioral, motivational, or cognitive patterns) in an individual without judgment...
Read more..., May 2008, Smart Business Ideas™ magazine.
For more articles from Smart Business Ideas™ magazine, go to www.sbimag.com

Summary:
Date: May 2008 Corso di Laurea Specialistica in Ingegneria Gestionale "Human Capital: The real asset of organizations. How to select, retrain and manage for greater success". Read more...

Summary:
Date: January 26, 2006 Author: Vickie Elmer "Keeping promises is the most important behavior expected from a leader". Read more ...

Summary:
Date: January 30, 2006 Author: Vickie Elmer "To be an ethical leader it is necessary to know how to keep promises. It is the most sensitive topic when it comes to business ethics". Read more...