Some managers put themselves in the situation of only hiring
people when a position becomes empty or as a solution to a
problem. In this putting-out-fires method of human resource
speed is naturally an important determinant of success since
extinguishing fires quickly is seen as a good thing.
However, many of the worst problems
we face as managers come when trying to hurry the hiring process to
save time. A general rule of management is that the faster
employees are chosen, the longer will be the process of fixing
the problems that result.
Bad hiring decisions cost tremendously in our time, money and in
many other ways that we don't always appreciate. All the time of
everyone involved in sourcing and interviewing candidates is
lost. The time of the people who helped with the on-boarding and
training processes is wasted. There is the lost money in
salary paid to unsuccessful employees and recruiting fees.
Harder to measure are the
significant costs due to reduced employee morale, client
dissatisfaction, lost sales and lower quality output. Employees
naturally question a bad hiring decision and become anxious
about how blame will be assigned, and even what it all says
about their employer.
Cost calculations for all of this by companies that compute such
things can seem outlandish until you consider how consistent
they are from different sources. The consensus is that it costs
about 3 times an employee's annual income to correct a bad
hire and higher the more senior the position. Whatever the real
cost, it is clear that bad hires are very expensive and
especially so for key management positions.
Therefore, making correct hiring decisions is critical to our success.
A few good hires in key positions will result in a tremendous
upsurge for our businesses and a similar tremendous upsurge in
our own careers. A few too many bad hires, on the other
hand, and the outcome will be our
bosses and clients seeing the need to correct their own bad hiring decisions by
Hire hasty, lament later.
this e-book to learn all you need to know to
get the best people on your bus and drive it to greatness.
A global manager's failsafe
guide to dominating any industry
by employing its dominant
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& Management Consulting:
Associates provides its Executive Search and Recruiting services throughout the emerging countries of the Asia Pacific
region with specific focus on Philippines, Singapore, Malaysia, Indonesia, Vietnam, Cambodia, Laos.
proactive and well known in our sectors of focus. Regional
Managers use us to help bridge the gap between local environments and
the world-class requirements of multinational corporations.
o n t a c t U s
+ 632 822 4129 firstname.lastname@example.org
CEO Forum presented by PLDT ALPHA Enterprise is the largest
regular business event in Philippines and considered one of the
most important in the Southeast Asia region. The forum serves as a
hub for the spreading of ideas that help executive managers
overseeing enterprises across the Asia Pacific region.
Attendees are both expatriate and Asian management personnel
overseeing multinational and regional organizations. Held in
Philippines, presenters are leaders in their industries and
engaged in momentous pursuits of significance to the entire
CEO Forum is operated as a CSR (Corporate Social
Responsibility) activity of Chalre Associates, one of Southeast
Asia's most prominent senior management executive search firms, to
promote Philippines as a premier business destination in the Asia
Here to go to Asia
CEO Forum now!
CEO Awards presented by Aseana City represents the
grandest alliance of local and international business people ever
created to promote Philippines on the world stage. As one of the
largest events of its kind in the Asia Pacific region, it is
considered a must-attend occasion for business leaders active in
The star-studded Board of Judges of Asia CEO Awards give
away 10 awards to many of the most accomplished leadership teams
and individuals currently operating in Philippines and the region.
The awards recognize extraordinary leaders who have demonstrated
outstanding achievement for their organizations and contributions
As one of the fastest growing nations on the planet, the world's
business leaders have their eyes on Philippines like never before.
The annual gala was established as a natural outgrowth of Asia
CEO Forum, the largest regular networking event for the
business community in Philippines.
to go to Asia
CEO Awards now!
throughout the world call upon the Principals of Chalre Associates for thought leadership.
Below are some examples of published material written by our
consultants or international journalists who refer to them. For a complete list of published work,
Getting Ready For The
Deluge: Outsourcing in Philippines
Chalre Associates senior staff
Economist Intelligence Unit of the Economist magazine
asked Chalre Associates' Chairman, Richard Mills,
to write a chapter about the Philippine outsourcing sector
in its annual Business Guide Book. The material
provides a Executive Briefing on the progress and major
issues facing this industry that is certainly one of most
significant growth stories in the world.
Asia Pacific Mining
Conference 2007 - Report
Chalre Associates senior staff
The 7th Asia Pacific Mining Conference put on by the Asean
Federation of Mining Associations was perhaps the largest
such event in the region. Richard Mills, Chairman of Chalre Associates
gave this report on what was said by the prominent mining
people who presented.
State of BPO in Philippines: Dan Reyes Speaks
Chalre Associates senior staff
Mills, Chairman of Chalre Associates,
interviewed Dan Reyes of Sitel for ComputerWorld (US) recently to get
his views on the state of the BPO industry in Philippines. Dan
presented US readers with compelling information to support his view
that Philippines is currently seen as the "Number 1" option by global
companies sending BPO work to offshore destinations.
Dan Reyes is easily one of most experienced Business Process
Outsourcing (BPO) managers in the Asia Pacific region and the world. He
is head of the extremely successful Philippine operations of Sitel, the
world's largest call center organization. Among other things, he is a
founder and former president of the Business Processing Association of
the Philippines. more