“HR Heretics” | How CPOs, CHROs, Founders, and Boards Build High Performing Companies

Andy Price on Building World-Class Teams: Process is Overrated

21 snips
Oct 10, 2024
In this engaging discussion, Andy Price, a seasoned executive recruiter and venture capitalist known for building leadership teams at firms like Snowflake and DocuSign, shares invaluable hiring insights. He emphasizes the importance of aligning organizational culture with candidate qualifications to avoid hiring misfits. Andy also explores the critical role of effective onboarding and communication in fostering employee success. He highlights resilience and authenticity as vital traits for today’s workforce, reflecting on how these qualities can turn good companies into great ones.
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INSIGHT

Low Executive Hiring Hit Rate

  • Executive hiring hit rates are low due to the complexity of both humans and companies.
  • Many unseen variables can cause even great candidates to fail at great companies.
ADVICE

Mitigating Executive Hiring Failures

  • Understand your organization's true culture and needs, including its weaknesses.
  • Be pragmatic, not aspirational, about candidate fit, and accept that there will be challenges.
ADVICE

Mitigating Bad Executive Outcomes

  • Thoroughly understand the company's needs and weaknesses before searching for candidates.
  • Conduct extensive back-channel referencing with trusted sources to uncover hidden issues.
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