�The effects of hiring practices and leadership on performance.
By Lisa Leedy
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"Companies that are highly skilled in core HR practices experience up to 3.5 times the revenue growth and as much as 2.1 times the profit margins of less capable companies," according to From Capability to Profitability: Realizing the value of People Management.
“Leadership development, talent management, and performance management and rewards were three areas in which "the high-performing companies differentiated themselves dramatically. In each one, these companies engaged in more activities and provided more options, did so more often, and were generally more effective” (Schramm, 2012)
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Talent Attraction
The importance of the process
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Talent Attraction
Consistency is key�Set parameters for interviews such as time limits for each candidate�Use consistent interview questions for all candidates�Call References
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Call references
Stay objective
Use a scoring system
Identify needs/formulate job description
Set clear expectations
Establish the need
Talent Attraction
Articulate and agree on the needs before posting for a position
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Needs for Job Title: | Accountant |
Classification | Salary, Exempt |
Position Status | Part-time At-will, 20 hrs/ wk |
Reports to | Chief Financial Officer |
Benefits | No insurance, retirement or other benefits |
Salary | $1.00, annually |
Immediate needs, duties | Prepare financial statements, provide audit trail, attend weekly meetings |
Core Competencies | Accounting Degree, 2 years of documented experience in finance, ability to present reports to senior team members |
Physical Demands | Able to lift 30lbs, work at a computer for 8 hour increments |
Talent Attraction
Where/how to advertise ?��Cost vs effectiveness ?�
Talent Attraction
Use a Scoring Matrix
Stay objective��This keeps the scores about the necessary qualifications for the position based on the resume.
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Mandatory requirements can be “all or nothing” points-ex. 10 points
Allow a range for preferred experience, ex. 1-5 points
Giving a small point allowance for the reviewer allows discretion points for other positive attributes
Talent Selection
Leadership� Promoting work-life balance
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Leadership� Acting on Conflict Early
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Leadership� Offer encouragement and understanding
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Leadership� Education & enrichment
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Preventing Challenges in Leadership:�Set Clear Expectations and Communication
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References:��Schramm, J. (2012, November 1). HR Magazine: Effective HR Practices Drive Profit. Retrieved from Society for Human Resource Management: https://www.shrm.org/hr-today/news/hr-magazine/pages/1112focus.aspx��Window to the World Communications (Producer). (2001). Recruitment and retention (Segment 10 of 15) [Video file]. Retrieved from https://libraryresources.columbiasouthern.edu/login?auth=CAS&url=http://fod.infobase.com/PortalPla ylists.aspx?wID=273866&xtid=30245&loid=9944�������
References
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8/6/2025