Management Due Diligence – Process Tips for Building a High Performing Team
Building a high performing executive team is crucial to business success and the creation of value. Most Boards will experience the need to bring in external executive talent at some point during an investment term, but unfortunately recruiting executives is fraught with risk, with research demonstrating that 50% of executive hires fail. As experts in Due Diligence, we have prepared a series of insights to show you how operating a robust recruitment process can significantly reduce the risk. Initially, there are three big questions to consider 1. What Are We Looking For? A lack of...
Read MoreReport highlights ten major human capital trends
Earlier this year, Deloitte released its 2015 Global Human Capital Trends report, the annual comprehensive study of HR, leadership, and talent challenges compiled using data from surveys and interviews taken from over 3,300 HR and business leaders in 106 countries around the world. The report identifies 10 major trends that emerged and cites the capability gap (measuring the distance between the importance of an issue and organisations’ readiness to address it) associated with each, as well as practical ideas for how to help organisations combat these challenges. Ranked by importance, the...
Read MoreNew report shows the cost of poor hiring decisions
The latest report from recruitment specialists Robert Half UK shows one in ten new recruits are regarded as a ‘poor hiring decision’ and that 70% of HR Directors admit that they have hired someone who did not meet expectations. The report, ‘Management Insights: How to avoid common hiring mistakes’ also shows that as companies turn their attention to growth and profitability, the implications of a bad hire can be far more costly than first realised. 52% of HR Directors said that loss of productivity was the biggest problem associated with making the wrong recruitment decision, 30% highlighted...
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