Companies have been tracking hiring statistics for a long time. Typically they track cost-of-hire and time-to-fill which suggests they are most interested in fast, cheap hires. This is changing. What's becoming most important, post-recession, is the quality of hire.
Creating a maximum performance organization is no longer thought to be the sole result of effective management. The notion that "how you manage" is of more significance than "who you hire" is being debunked. How we go about selecting the best is being re-evaluated. Hired based on skill alone is no longer seen as a reliable predictor of a quality hire...because it isn't. It produces mixed results - from high performers to poor performers. As we emerge from this global recession, this wide variance in quality of hire is no longer acceptable. Watch this video to learn more (2:43).
