What is the connection here? Let me tell you – attending the James Bond exhibition in Melbourne this week got me thinking about the cost of making bad hiring decisions. What would have been the impact on the James Bond brand, image, popularity and of course financial clout caused by even ONE dud casting/hire throughout its 50 year reign?
Pose the same question for your organisation: what is the true cost of bad hires for you?
The consensus seems to be upwards of 30% of salary (http://ow.ly/sHZ9u from Business Review Australia Oct 2013). Conducting a smart, well structured search is much, much more than trawling through LinkedIn. Don’t get me wrong: LinkedIn is a great tool for networking, but don’t think this is what Executive Search is about. Rigorous search is about truly partnering organisations to understand what is required & the ability to identify and engage with exceptional talent to bring to the table. Let’s get smarter at hiring senior talent!
The different James Bonds have certainly enjoyed varying degrees of popularity over the years, but the casting guys have done well as evident in the franchise reaching its 50th birthday. And the exhibition was great by the way! (http://designing007melbourne.com/)