People Decisions are the foundation of what makes an organization successful and that has been true and will be true in 2020 and beyond. Take a look at how people decisions are made and you will find all kinds of problems (disguised as opportunities) that lead to less than desirable results.
Consider what we've seen in our experience and consider the research by Dr. Lazarus on significant strategic Decision making pitfalls and their implications on people decisions.
Emotions: It's proven that overall decision-making also follows its own 80/20 rule, 80% based on emotion and 20% logic ie. Emotions that drive these types of decisions center on concern for others, for your own future reputation, on job security and on guilt. Consider the impact of this on hiring decisions.
Emphasis on time efficiency and the "accountability" issue: In your job, you have day-to-day decisions for which you have direct accountability vs. hiring and development decisions for which you may have little accountability and for which there is little visibility in the short term. So how are decisions OFTEN made with little accountability, think about it!
One of the most difficult challenges managers face is choosing the right people and understanding how to get them to perform at their best. During the last 12 years of our experience, we have found no other tool except the Harrison Assessment that enables this kind of capability with incredible accuracy and insight.
"The U.S. Department of Labor has estimated the costs to replace an employee to be approximately 1/3 their annual salary; but when you start looking at the impact of hiring the wrong employee and having to replace them, some studies say 2.5 times annual earnings, some 4 times and some even higher." AGILEdge
