Warren Bennis, a renowned organizational consultant, says 15% of an organization’s success is contributed by the leadership. Jack Zenger (co-founder and chief executive officer of Zenger Folkman, a professional services firm) in a study for a Fortune 500 commercial bank reported bad leaders lost money, good leaders made profits and extra ordinary leaders more than doubled the company’s profit and created wealth in comparison to the other two categories. Organizations focused on organic as well as inorganic growth to drive businesses are short of time, capacity and expertise to find the right talent. The crux lies in finding” The right person for the right job”
This is where People Matrix pitches-in for you. Our expertise in executive search, skill sets in conducting competency based interview and behavioral assessment comes handy. We follow a three-pronged approach of finding the right ‘Fit’ for the organization at the executive level.
- Needs assessment – from business, people and market’s perspective
- Competency and behavior assessment – to map client’s desired skill and competence. Behavior assessment provides leads into the leadership style, inter personal behavior, approach to complex issues wrt business and people and value addition that leader brings on board.
- Candidate profiling – basis assessment and existing benchmark we calibrate candidates and present our comprehensive assessment while presenting them to the client.
Staffing solutions
Employees are the cornerstone of any organization and key contributors to its success. Harvard Business Review points out that as much as 80% of employee turnover is due to bad hiring decisions. Another research says, a poor hiring decision can cost two and half times the person’s salary. While these are scary losses to any organization, there is some good news too; research also shows that companies adept at recruiting enjoyed 3.5 times the revenue growth and 2.1 times profit margin than their less capable peers.*
We at People Matrix believe in turning the hiring decision to an advantage for our clients resulting in higher retention and better profitability. To ensure we are successful in our endeavour we deliver end to end recruitment solutions that includes:
- Requirements evaluation – deep understanding of roles, expectations, skill set and competence. We partner with clients to cull out both niche as well as operational needs of each role.
- Pre-screening – this process includes screening resume to match relevant experience, education qualification and expertise.
- Competency based assessment – we understand the significance of competencies and their impact at each level, hence our team has been training to conduct competency based assessment at each level to ensure the right ‘fit’ for the organizations.
- Reference check of candidates – apart from sourcing the right candidates, we also perform reference check for each candidate to make sure they will be successful in a specific role and within the organization as well. We see this process as a bridge between the recruitment and onboarding process.
