Complexity in business can be an advantage or disadvantage; needless complexity falls into the disadvantage category. Needless complexity contributes to reduced understanding, a reduction in manageability, and unpredictable outcomes – all of which contribute to a reduction of annual profits.
Recently I read in INC magazine that the world’s top 200 companies lose 10% of their annual profits to managing complexity. Regardless of business size, a 10% loss can be a significant amount!
The cost of managing complexity is one of the most common reasons organizations turn to Success Trek for help in getting back on track. Somewhere along the way, a process or strategy has become over complicated. Added steps, overlaps, or gaps are often the wayward offspring of perceived creativity and innovation by ambitious leaders who lack a clear, strategic plan. By providing an outside perspective, we quickly identify the kinks in the system and partner with you to realign priorities, reorganize design, or implement a clear plan of action for sustainability and profitability. In a nutshell, we make what seems complicated, simple.
One area that gets complicated is hiring talent. We worked with the Alpha Phi Foundation search committee to streamline and simplify their hiring process by utilizing the Attribute Index tool. The AI identifies strengths and weaknesses in a way that complements traditional personality and skill assessments. It is valuable in candidate selection because it measures those traits and abilities that directly relate to what is needed to perform a particular job. The AI complies with the EEOC requirements since it does not identify or discriminate against different racial origins, sexes, or ages.
The Alpha Phi Foundation search committee was able to select a qualified candidate to fill a custom-designed role quickly. Through a combination of the Success Trek AI talent assessment and search committee input, they simplified the hiring cycle and were able to utilize talent already within their network.
Has your hiring process become too complicated? Ask yourself if your company is:
- Looking for a fast way to discover employee talent.
- Spending too much time and money on recruiting and selection.
- In need of team and individual development.
How can we help?
If you or your team need help to identify obstacles and challenges in your workplace situation, contact Theresa, or visit our Contact Us page to schedule a 30-minute Complimentary Conversation. Reaching a goal is a journey, and Success Trek is here to take that journey alongside you.