Ram V Chary believes that making difficult choices is inevitable for business leaders. It is easy to get tangled up in knots over which is the best option for your business when faced with multiple options. In addition, making decisions as a group, the situation may become even more challenging.
That is because everyone has their perspective
and methods, and everyone is wary of pushing for something that might not work
out in the end. The bigger the stakes, the more cautious people become and the
more difficult it appears to decide. So, Ram V Chary shares tips on making more
intelligent decisions when evaluating talents.
Hiring and firing decisions are one of the most common—and challenging—decisions a CEO or coach must make. They are all giving it their best in the hopes of securing a seat. So, Ram V Chary believes it is best to have effective criteria to make your decision. But, how do you build this standard, and how do you know it works? Here are some ideas to consider:
- Request that
each committee member goes over the applicants swiftly and independently.
They should arrange the applicants into three piles: A, B, and C, which
Ram V Chary believes should be more of a sorting mechanism than a final
judgment.
- Reconvene
and go over your alternatives again. Toss out the C prospects as soon as
possible to save your time.
- Instead,
concentrate on the A candidates first. Ram V Chary recommends asking if
somebody in this group is genuinely essential to your success and
considering if your business will significantly improve with them on the
team. If you agree on potential individuals, go for them first.
- Then examine
your B candidates more closely, which could be the most valuable area. Are
there any gems in the rough that your competitors may be missing? Finally,
consider these B+ options and ask yourself if they can help you fill in
the gaps in your starting lineup.
Ram V Chary hopes that utilizing these steps
could help you make better hiring decisions.
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