Every week, I review blogs and other publications that cover talent development to find the very best talent development posts. This week, you’ll find pointers to pieces on why managers accept mediocre employees, who may be left behind as tech changes recruiting, why the Digital Age hasn’t revolutionized recruiting, and the world’s most talent competitive countries.
From Mel Kleiman: Hiring Wisdom: 10 Reasons Managers Accept Mediocre Employees
“Hundreds of research studies have quantified the difference between having an ‘A’ player versus a ‘C’ player in a job, any job. Every one of them concludes the difference in productivity and the impact on the bottom line is anywhere from 20 percent to over 1000 percent greater return when you compare the best, most productive employees to those who are average.”
From Herminia Ibarra: Hiring and Big Data: Those Who Could Be Left Behind
“Recruiters, HR managers, and investors have always sought better ways of identifying who fits and has potential, and how to allocate opportunities to them. Big data holds the promise of not only vastly improved efficiencies but also bringing greater objectivity to our very unconsciously biased human decision-making. And without a doubt, predictive ‘people analytics’ are starting to transform how employers hire, fire, and promote. As a recent Atlantic article argues, ‘What begins with an online screening test for entry-level workers ends with the transformation of nearly every aspect of hiring, performance assessment, and management.’ But that’s just the tip of the iceberg.”
From Tomas Chamorro-Premuzic: Four reasons why the digital age has yet to revolutionise recruitment
“HR technologies can predict a candidate’s likely performance in the role, yet companies are generally not using them to their full potential.”
Tip of the hat to Personnel Today for pointing me to this article.
From INSEAD: The World’s Most Talent Competitive Countries
“INSEAD’s Global Talent Competitiveness Index shows high-income countries leading in fostering knowledge and vocational talent pools. Low-income countries are struggling in both areas.”