Knowing how to hire employees is an important factor in a successful business. In the 21st century, more and more entrepreneurs are hiring based on character and integrity over experience. Are you adopting these strategies in your business?
Is your hiring approach all wrong? In the 21st century, more and more entrepreneurs hire employees based on character and integrity over experience. Gone are the days where experience was the only criteria used to land yourself a prestigious job. We are living in a technological era with information being readily available everywhere at any given time. Whatever you want to learn, it's already up there on Google or Youtube for you to see.
As a result, people with the most years of experience aren't necessarily the ones that succeed - it's the most enthusiastic and intelligent ones that are standing out from the crowd. The ones that are motivated enough to continuously learn new strategies and techniques to fine tune their craft. It's like the saying goes - "hard work beats talent when talent fails to work hard". The internet has changed the way business owners evaluate each individual when it comes time to hire employees for their team.
There are a variety of different ways to go about this. At Notiv, we choose to hire using the E.I.E.I.O hiring test created by Jim Baum, a CEO in the Boston startup community, which allows young minds to gain a leg up in the workforce. Essentially, this enables us to find the right people with huge potential and fit into our team culture. Below, we will dive into what the E.I.E.I.O hiring test is and how to implement it in your organisation.
And no, it doesn't have anything to do with Old Mac Donald's Nursery Rhyme.
Each letter represents a part of the whole ideal employee:
Generally speaking, when you hire employees (or train existing ones), these are the things you are looking for. At Notiv, we place a heavy emphasis on each team member aligning with the overall vision of the company and bringing a lot of value to the table. Great employees aren't necessarily those that only drive great individual results, but also the ones that lift the performances of those around them.
"Great employees are a combination of:
Individual results + positive impact to team members + results derived from collaborating with team members to drive results."
Therefore, the prioritisation of each component for Notiv would look something like this:
This framework highlights unique individuals with passion and drive to shed a new light on what the current generation of consumers need. When hiring employees, we found that age actually hasn’t come into it at all. It’s been about who is good at what they do, and matches the commitment we need at the moment. It is important to understand we aren't neglecting experience, merely considering other factors as well to make our decision on hiring.
Ultimately, the aim when you hire new employees is to find people who are passionate about your values, goals and mission. Also, re-evaluating how important the human aspects of the individual when choosing your candidates are well worth pursuing. In theory, you can teach an old dog new tricks. The idea is to find the dog who is passionate and excited to learn, because it can and will learn the same tricks in half the time!
Are you going to implement this in your hiring strategy? Tweet us your response here!