Wednesday, September 13th, 2017

Hiring – – It Is More Important Now Than Ever

“Great vision without great people is irrelevant.” – Jim Collins

Too many CPA firms have not hired right. They might hire for GPA. They might hire for professional demeanor (whatever that means). They might hire for ambition. They might hire because of a gut feeling.

Be sure you are focusing on hiring RIGHT. Be honest with candidates. The CPA profession is challenging, requires hard work and professionalism.

Here’s an excerpt from my newsletter from hireMAX about what Warren Buffet thinks about hiring.

Behind every great leader is a team of dynamic individuals. This is true of Buffett. What were the traits that he looked for as he hired his managers and advisors? Frequently, he speaks at universities and explains that he looks for integrity, intelligence, and energy when hiring.
Intelligence
Obviously, candidates need to be intelligent. However, you can get the grades in class but not know how to apply the information you’ve learned.
Intelligence is the very basic requirement to consider as you hire. No one will work with or hire someone dumb and unequipped for the role. After you have the intelligence factor, then go to the next trait as you seek to hire.
Energy
Energy is essential for any new hire. This doesn’t mean that you want the most energetic and coffee-crazed person working for you. Rather, you want an energetic candidate to take initiative in your company.
Lazy people don’t get far in life but those with drive and passion do. Employees that take initiative and are proactive to get things accomplished will most likely have that entrepreneurial spirit that you long for.
Integrity
The right candidate to hire should be intelligent and energetic. There is one missing and yet very important trait to be considered. Integrity is something that you cannot do without in your employees. They must be trustworthy and it is a trait that they make happen within themselves. You can’t pick your eye color or what you look like but you can decide whether you will live as a person with integrity.
Warren Buffett’s formula for a new hire is extremely useful and easy to follow. You don’t want an intelligent person without integrity because that could cause problems for your organization. Further, you wouldn’t want a lazy person with intelligence because it wouldn’t do you any good if they don’t take initiative.

Look for candidates that have intelligence, energy or initiative, and integrity. You will find that someone with top talent and these traits will be an outstanding addition to your company. Warren Buffett is living proof that hiring with these things in mind is beneficial to companies and teams seeking to grow.

  • "Human Resources isn't a thing we do. It's the thing that runs our business."
  • Steve Wynn

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