Hiring, moving, and advancing employees brings not inconsiderable risk. The estimated cost of a failed hire is roughly equal to two to three times the annual salary. These costs add up when ineffective assessment practices are used across an organization, particularly at the executive level. Selecting among even seemingly top-shelf candidates is a complex endeavor – not only does the individual need to possess the requisite skills, abilities, and experience, you need to discern whether they have the capacity to stretch as their position and the organization grow and whether they are a good fit with the organization and team culture.
Performance Insight helps our clients make these decisions by conducting in-depth individual assessments relative to both current and future job requirements. Our behavior-based, conversational interview is founded upon our background in organizational psychology and on decades of experience in employee assessment. Specifically, we target four areas of leadership impact: Intrapersonal Leadership, Interpersonal Leadership, Team Leadership, and Business Leadership. Our unique assessment format incorporates the use of a personality assessment tool and a valid and reliable IQ test. Through our process, we identify a candidate’s strengths and areas for development in areas critical to job success, future growth potential, and fit with your organization. This solution also affords a more realistic job preview that decreases the chance of turnover, increases long-term job satisfaction, and helps transitioning employees hit the ground running. Our Executive Assessment process serves as the basis for several other applications, such as our
Succession/Talent Management,
Management Onboarding, and
Executive Coaching solutions.