Is technology the answer to improve hiring?

Hiring means taking a bet on a person’s ability to do a job with the expected proficiency. Each person hired in an organization represents the belief that the person hired was the best possible choice. But how can we be sure?

I have heard of many people who use only their gut to evaluate a candidate. Remember by tossing a coin to make a hiring decision, there is fifty percent chance of the candidate being very successful – statistically speaking. By studying the successful hires made by the C-Suite of a top organization they were horrified to discover that their successful hiring record was far below the coin toss method.

How did this happen? They had never tracked the leaders’ skills in interviewing. Leaders were using their own heuristics to choose candidates. When the new hire turned out to be a poor performer, they blamed the candidate and never for a minute stopped to think that the decision to hire that person was theirs.

Poor decisions can often be traced back to lack of preparation by the interviewing panel. There is research to show that more than 4 people interviewing the candidate does not yield better insights. Apart from being better prepared and reviewing research to improve the hiring process leveraging technology at every stage of talent acquisition improves the outcome.

[“Source-indiatimes”]