Deja Vu-Why Do You Keep Failing at Executive Hiring?

I thought you might enjoy one of the more popular stories in our book, “You’re NOT the Person I Hired”.

This is part 1 of a two-part article. Let’s sub-title this blog post:

The Case-Study of Repeated Executive Failure

A couple of years ago, we worked with a $40 million Information Technology service company. The organization provided around-the-clock support services for large networks, telecommunications systems, and in-house IT systems.

At our first meeting with the CEO, he confessed, “We’ve experienced high growth over the past few years and predict we’ll sustain at least double-digit growth for the next few years. We’re under-performing when it comes to bringing good people into the organization. It’s frustrating. We know we need good leaders at the executive and senior manager level to take us where we want to go. We just can’t seem to find them…and we keep making the same mistakes over and over.”

Company Success is Directly Linked to Hiring

Growth plans depended on extending and expanding contracts for existing services to current clients, as well as gaining new clients. the firm wanted to become a sole provider for it’s client’s’ IT installation, support, and repair needs.

Unfortunately, the company not only had difficulty finding the right person for a critical position – the Vice President of Sales – but they had also made recent bad hires for that position. In fact, of the last five executive level hires, three had been replaced and one was on “probation”. Their upcoming search for a Vice President of
Sales looked like “Deja Vu all over again.”

We’ve written a few other blog articles on why this feeling of “Hiring Deja Vu” keeps occuring.You might be interested in reading these two articles:

How is Recruiting Like a High School Sport?

Hiring Frustration #4: No Hiring Process

The prior sales VPs did not deliver acceptable sales results. They had not brought in new contracts, opened new customers with new products, expanded existing contracts, or built the business. The CEO was increasingly frustrated because these previous VPs had come from larger companies that had grown rapidly. The CEO assumed this meant they were a perfect fit for his job. After all, they had “been there, done that.”

Unfortunately, they failed.

Why Do New Executives Fail to Achieve Results?

They failed for a number of reasons.

• The client company’s growth issues were significantly different from the challenges they had overcome in previous positions.
• Their past accomplishments were irrelevant – or at least NOT transferable – to the new position.
• They could not adapt to the new situation.
• They were not able to produce the required results, and the hiring process had failed to reveal this fact.

In Hindsight – Do You Have Similar Hiring Failures?

Here are a few questions and thoughts to consider when contemplating past hiring failure:

• Share with us an example of a comparable hiring failure?
• Is your hiring process focused on uncovering whether candidates can achieve your desired results?
• Do you even define outcomes, results, and deliverables prior to interviewing candidates?
• Is your process for finding candidates synchronized with the expectations of outcomes required?
• Do you have people on your team right now that should be replaced, but you doubt your ability to find someone better?
• If you don’t make changes right now in your hiring process, are you doomed to keep repeating the same hiring mistakes?

While the company’s lack of a strong VP of Sales was creating an immediate problem, it also contributed to a succession-planning dilemma. The company’s
bench strength” was weak. When critical employees left, went out on leave, or even just took a few weeks’ vacation, there was nobody waiting in the wings to fill in.

It was a precarious situation.

What is the number one thing you can do starting tomorrow to improve your success in hiring top talent – and in creating future “bench strength”?”

Barry

One of the major problems in hiring – as identified in this article – is NOT having an effective hiring process – STOP lowering your standards. Stop lowering your standards. Take our FREE Hiring Process Assessment and discover whether your hiring process is strong enough to hire to top talent.

Series Navigation

Deja Vu – Why Hiring Keeps Failing (Part Two)

Related posts:

1. Deja Vu – Why Hiring Keeps Failing (Part Two)
2. What Role Does Luck Play When Hiring Sales People?
3. Who Is Responsible For Hiring Top Talent In Your Company?