According to a recent study by Watson Wyatt, a human resources consulting firm, companies that improve certain people practices can expect to see as much as a forty-seven percent increase in total return to shareholders.
The study found that aligning recruiting efforts with a company’s business plan, recruiting employees that are well equipped to perform their duties, helping poor performers to exit, and actively engendering trust in senior leadership are among the practices revealed to be leading indicators of financial success.
The common thread in each of these practices is the degree of fit between a job and the person being considered for it. By identifying specific behaviors that are key to success in a given role, and by assessing individuals against each of these behaviors, Dr. Bridges helps organizations determine how well an individual is suited for a particular role. Determining this degree of fit provides companies with relevant information they can use as the basis for:
 Hiring people who need minimal ramp-up time
Differentiating between what a company should “hire for” versus “develop for”
Investing wisely in training and development
Helping poor performers to leave
Increasing the retention rate of high performers
Strengthening leadership teams
Preparing leaders for future roles within the organization |
