How to Fix Your Hiring Process

HBR IdeaCast

Harvard Business Review

Leadership, Entrepreneurship, Communication, Marketing, Business, Business/management, Management, Business/marketing, Business/entrepreneurship, Innovation, Hbr, Strategy, Economics, Finance, Teams, Harvard

4.4 • 1.9K Ratings

🗓️ 25 June 2019

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

Peter Cappelli, professor at the University of Pennsylvania's Wharton School of Business and director of its Center for Human Resources, says managers at companies large and small are doing hiring all wrong. A confluence of changes, from the onslaught of online tools to a rise in recruitment outsourcing, have promised more efficiency but actually made us less effective at finding the best candidates. Cappelli says there are better, simpler ways to measure whether someone will be a good employee and advises companies to focus more on internal talent. He's the author of the HBR article "Your Approach to Hiring is All Wrong."

Transcript

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0:00.0	Kurt Nick is here from Ideacast. I want to tell you about the Big Take
0:05.1	podcast from Bloomberg News. Each weekday they bring you one important story
0:10.0	from their global newsroom like how AI will upend your life and why China's
0:15.4	targeting the US dollar. Check out the big take from Bloomberg wherever you listen. Welcome to the H-BRAI idea cast from Harvard Business Review. I'm Allison Beard. Here's a question.
0:43.0	Is your company good at
0:45.0	here's a question.
0:50.0	Is your company good at hiring? Are you attracting strong applicants? Are you
0:55.6	screening and interviewing them well? And ultimately are you putting the right
0:59.8	people in the right jobs? Since this is a special show for us,
1:04.0	we're taping in front of a live audience
1:06.0	at the Kympton 9-0 hotel in downtown Boston.
1:09.0	I am going to ask our attendees.
1:11.0	There are about 60 people in this room from a variety of
1:14.8	organizations and industries. So those of you who would answer yes to all the
1:19.3	questions I just asked, shout out yes.
1:21.4	Yes.
1:23.0	Yes.
1:24.0	Oh, that's a lot of yeses.
1:26.0	Okay, now if you would answer no, let's hear that.
1:29.0	No.
1:30.0	Okay, so evenly split, sort of surprising.
1:33.8	Some of you must work for unusually excellent companies.
	...

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