Delivering the Systems and Expertise You Need to Confidently Make Great Hiring Decisions
Categories
@HireBetter
- Are you ready to hire a COO? You very well may be - http://t.co/xJQxv6j7 #hr #management #hiring 1 day ago
- The Talent Paradox: why only a third of your employees actually want to work for you http://t.co/dovv1hq0 #hr #management (on @fastcompany) 1 day ago
- Hiring in 2012, from @openforum. With @HireBetterCEO - http://t.co/cfJh2dbR #hiring #hr #recruiting 1 day ago
- Think that you're too small to need a COO? Think again - http://t.co/xJQxv6j7 (by @HireBetterCEO) #hiring #management #hr 2 days ago
- More updates...
Blogs About Hiring
Blogs By Smart People
- Austin Entrepreneur Network
- Backpocket COO
- DRiVE by Dan Pink
- EOS Blog
- Growth Guy
- Results.com Execution
- The Rhetorical Journey
Follow HireBetter
Search
Tag Cloud
A-Player A-Players Austin Baseline Selling Brad Smart career history chris mursau Dave Kurlan EO Fame Family Fortune Fun generation Y geoff smart hire better hiring hiring manager Interview interview training job description Joe Navarro Kurlan Objective Management Group OtherInbox proactive recruiting recruit don't absorb Recruiting Reference Check Retention Scorecard smarttopgrading social networking talent acquisition Topgrading topgrading interview topgrading methodology TORC tweets Twitter unemployment unemployment rate verne harnish virtual bench who the bookBuild a Better Scorecard
Patrick Thean is the author of Execution Without Drama and in June 2010 I got the opportunity to hear him share some of his thoughts on creating specific scorecards for Manager Level talent and, because I get so many questions from hiring managers and business leaders about this exact topic, I felt like a blog post to share his suggestions was worthwhile. Here they are:
KEY PERFORMANCE INDICATORS FOR MANAGERIAL SCORECARDS:
RELATIONSHIPS & PEOPLE
Employees:
- Voluntary Attrition
- Keep Smart (learning, furthering themselves)
- Employee Net Promoter Score
Customers:
Shareholders:
- Dry Powder
- Burn Rate
- # of Months of Cash (Runway)
PROCESS
Make/Buy:
- Quality & Bugs
- Supplier Mistakes
- Project Health Index (actual vs. plan)
Sell:
- Sales against plan/quota
- Pinkie Report (Patrick’s idea for his sales team – if this deal doesn’t close I get your pinkie)
Records (Finance):
- A/R Quality
- Cashflow
- # of days to Close & Report
Tags: A-Player, EO, patrick thean, Retention, Scorecard, Topgrading, topgrading methodology, verne harnish
[...] the candidate have a copy of the Job Description and our Company [...]
[...] there are two reasons why a new hire doesn’t work out: (1) You weren’t clear on what you needed someone to do OR (2) You failed to tell the new hire what they needed to [...]
[...] couple of months back I interviewed Patrick Thean about the success he’s experienced in building scorecards for new hires. He provided some great suggestions of the metrics he’s used along with the [...]