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What Questions Do You Have About Hiring? Let Me Know!

Name: What Questions Do You Have About Hiring? Let Me Know!
Uploaded: 2022-04-29T15:00:34+00:00
Duration: 38 s
Channel: Shanli Liu, CPA, CTP
Description: In this concise monologue, Shanli Liu, CPA, CTP, argues that hiring based on a candidate’s potential is rarely effective because most organizations lack…

29 Apr 2022 · 1 min

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In this concise monologue, Shanli Liu, CPA, CTP, argues that hiring based on a candidate’s potential is rarely effective because most organizations lack the time and expertise to train newcomers. She contends that unless a manager can personally mentor a new hire, it is wiser to recruit candidates who already possess practical experience and can articulate a concrete 30‑, 60‑, and 90‑day plan for the role. The speaker emphasizes that hiring for proven experience reduces risk and aligns with the reality that 99% of hiring situations do not allow for extensive training.

Chapters

Hiring for potential, not for practical experience. I think what happens is we get into the interview cadence, we're interviewing someone, we're like, I know you haven't done this role before, you have so much potential. Here's the thing, that's okay if you're hiring for somebody to fill a role that you are currently doing, that you are currently an expert in, and you have the time to train them, then maybe it does make sense to hire somebody who has the potential to fill that seat. But 99% of the time, you do not have the time and you don't have the expertise. So you're hiring someone for potential without the know-how of how do I train them, and without the time. Always want to think like, it is preferable to hire for practical experience, somebody who's done the job, someone who can tell you what their first 30, 60, 90 days looks like, not the other way around.