Presented by Amex Business · Tools to help owners manage cash flow smarter Learn more →

Four Must-Have Competencies for New Hires of a Start-Up Organization

Author: ASBN Newsroom

While an established company may be able to bounce back quickly from the consequences of a bad hire, the same is not true of start-ups. Entrepreneurs who are finally starting to see business growth simply can’t afford to hire the wrong person for a critical role. It will not only cost them revenue, but clients and their reputation as well. That is the bad news. The good news is that many bad hiring decisions are avoidable by using a technique known as competency-based interviewing.

Past Behavior is the Best Indicator of Future Behavior

The goal of competency-based interviewing is to go beyond a candidate’s education, experience, and accomplishments to determine if he or she is a good fit for the job. Hiring managers do this by asking questions that gauge such qualities as stress management, loyalty, decision-making, adaptability, and customer focus.

For example, the interviewer might ask the interviewee to describe a time in a previous position when he or she needed to make a decision that affected several people. Hearing how the candidate weighed his or her options, considered the effect of the decision on others, and implemented the change would give the hiring manager a good idea of what to expect in future situations that required the candidate to make an important decision.

Important Competencies for Employees of Start-Up Organizations

All employers screen prospective employees for technical competencies like skills, knowledge, and achievements. This is the easiest part of the process. Evaluating attitude, or non-technical competencies, can be a bit more challenging. Start-up companies that are looking to recruit new talent would be wise to look for the following in job candidates:

While testing for these competencies isn’t an absolute guarantee of hiring the right person, implementing them can dramatically reduce turnover or the need to fire someone who isn’t performing up to expectations.

Recruitment, Headlines, Articles
The 5-minute small business brief Practical insight for owners, free every week.
ASBN Small Business Network
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.