Research says that 64% of new executives hired from the outside fail in their new jobs, so how do we improve our selection process? Most successful leaders are taken aback when a hiring manager or recruiter tries to understand what makes them tick, and I mean try to really understand, because so few people in the corporate world try, even during a critical job interview. They’re too busy selling (as are most candidates). That’s why one of the best ways to recruit the best candidates, the hard-to-get candidates, is to drill down, understand how they got to where they are, and get to the bottom of their motivations. When you know they’re right for the job, great candidates will know it also. Take China and Japan, two countries with critical talent needs. In Japan the danger is that interviewers, whether the hiring manager, executive search consultant or HR executive, tend to treat senior executives with the respect of an elder or become overly impressed with the executive’s track record of name brand employers which may or may not be relevant for the job. In the case of China, where everything is urgent, the short supply of talent and can lead to making the wrong trade-off decisions. Meanwhile, without better direction, the candidates themselves tend to let their status do the talking. So what should we be looking for? How do we know when the candidate has what it takes?
Successful leaders don’t just materialize out of thin air or hatch out of some top-ten business school. They somehow master their environment and emerge with a strong sense of who they are, while others come and go. So, during an interview, the executive will be taking stock of the interviewer while the interviewer does the probing. How much is shared depends on trust and the quality of the interviewer.
We would hope to hear some truths about the executive’s successes and failures, one or two watershed moments that defined his or her career. We’ll should looking for the how and why of his or her actions. This is described as ‘behavioral-based’ or ‘competency-based’ interviewing and there are books on the subject. But it’s not so easy and takes both practice and desire. Try to hear the executive’s description of the emotions around the experience: pain, humiliation, exhilaration, regret, satisfaction. You may hear about decisions or achievements, but try to learn about what matters most: how the individual mustered the wherewithal to make things work out against the odds, accept the hard lessons, and apply the learning.
You might hear about luck or good timing. But our job is to dig deeper and understand the true makings of a person’s success. Then, link these competencies to the critical needs of the job at hand. Is it that difficult to drill for the fuel that drives successful leaders? We’ve got to get better at it. Knowing that the person opposite you is taking stock, be curious, be real, and reach out.