Talent Search Partners, Inc.

Talent Attraction

The Right Fit

“Stars Want to Work with Other Stars” – Mark Tatum, NBA COO & Deputy Commissioner Let’s face it, your inaction is eroding your team’s success. Mark recently sat down with Senior Writer at Forbes, Jabari Young. When asked to discuss his greatest failure, this is what Mark had to say: “I’m not sure I would say that there was one event. What I would say is my biggest learning was a pattern of waiting too long to make difficult decisions on people. So early on in my career, I would know that someone wasn’t right for the role, but I would keep giving them an opportunity. I would always coach them and give them feedback, but there were times when I just needed to make tougher decisions on people sooner because what happens if you don’t is other people see it, other people get impacted by it; it starts affecting the team. Stars want to work with other stars. And if it’s clear that someone is not pulling their weight, earlier on in my career, I would sort of hope and give them that one more opportunity that maybe things will change. That wasn’t serving them well. It wasn’t serving the organization well. It’s better to have an open honest dialogue with them, tell them they’re not in the right role, and put them in a right role. In some cases, if they must move on, they will. And I’ve seen that time and time again where someone wasn’t necessarily a right fit in the role, but then they go on, and they thrive in a different role outside.” It’s been said that nothing upsets a good performer more than watching a leader within the organization tolerate a bad one. Caring dictates that you act and good leadership positions people for success. Thank you, Mark!

The Cost of Wasted Time

You will fill that position, but how long will it take and at what cost? The time it takes to fill that important role is everything. Here’s why making a hire in under 30 days matters: Pressure On Your Existing Team Members: The mandate for that unfilled position becomes everyone’s burden until a hire is made. Employee Perception: Your best people are quietly evaluating whether the key decision-makers can find the right people. Market Perception: The best in your marketplace will question why that role went unfilled for that length of time. Takeaway: Don’t fear the cost to hire. Count the cost of a disgruntled workforce, frustrated customers, compromised projects, and a weakened image of your company in your market. Fear is counterproductive to growth, and time is your greatest asset.

How Market Perception Transforms Your Recruitment Strategy

An example of a good business decision and a hidden recruitment benefit from the world of professional basketball: After acquiring Jaylen Brown through a trade with the Boston Celtics, The Philadelphia 76ers immediately positioned themselves as a destination of choice for other elite performers. Not long thereafter, LeBron James decided to join the organization. Many more will undoubtedly follow suit, this year and in the years to come. The 76ers are now entertaining interest from players that were never on their radar prior to these acquisitions. A good business decision (trading for Jaylen Brown) forced an elite performer (LeBron James) to seek the organization out. Overnight, the 76ers recruitment efforts went from a desperate chase to a strong magnet. How your organization is perceived in the marketplace directly correlates to the soundness of your decisions. This inevitably influences your ability to attract the best your marketplace has to offer. Hiring the right people is a good business decision. Don’t focus on the cost to hire and don’t be afraid to take risks. Shifting your focus to the ROI that star talent could bring to your organization is what’s best for your business. Key Takeaways: Market perception: Good choices impact how the marketplace views your company Recruitment revamp: A strong reputation attracts talent organically Business focus: Smart risks and top talent equal a high ROI