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Common Sense™
Meeting the Need for Talent: A Baker's Dozen of Questions (Part 1 of 2 )
by Dr.
John
Hogan, CHE CHA CMHS
May 6, 2011 My recent column on Stronger Hiring Outlook Means Hospitality Employers Must Step Up Recruitment Efforts apparently hit the mark, as I had emails and comments from hoteliers in three continents representing many different types of facilities asking for ideas on action steps to take. The reality is that while there remains substantial unemployment in many markets and many applicants for most positions, forward thinking professionals are recognizing that the trends are changing. Occupancy and revenue is beginning to rebound in many markets and the demand for quality staff will soon be on the rise as well. Geoff Smart and Randy Street in their Who: The A Method for Hiring1 that "hiring is the most important aspect of business- and yet remains woefully misunderstood.." The book jacket refers to what The Economist calls "the single biggest problem in business today": unsuccessful hiring. The average hiring mistake costs a company $1.5 million or more a year and countless wasted hours. This statistic becomes even more startling when you consider that the typical hiring success rate of managers is only 50 percent. The book offers the position that "who is hired" problems are preventable and they base their opinions on more than 1,300 hours of interviews with more than 20 billionaires and 300 CEOs. In the
hospitality
industry with turnover rates often
higher than the 50% referenced in the book regular economic times, the
challenges can be even greater. This two
part series will look at the issue of identifying, hiring and growing
talent. Part One It should seem obvious, but in my career as
a hotelier,
hospitality educator and consultant, I
have seen a huge number of management positions that have outdated job
descriptions, specifications and no sense of what the person really
needs to
“do” in order to be successful.
[1] http://www.leadershipnow.com/leadershop/9780345504197.html Part 2
Growing Talent Does Not Happen Without Focused Effort
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Contact: Dr. John Hogan, CHA MHS CHE |