Jim Collins in his best-seller “Good to Great” reports that the great companies recruit the RIGHT people and place them in the RIGHT positions to do the RIGHT things. The big question is, “Who are the RIGHT people”?
They are certainly not the so-called SUPERSTARS of the business world.
A 2004 Harvard Business Review Study analysed the performance of companies who hired “Superstars” and concluded that many of these star performers didn’t perform up to expectation.
The Study found that the Superstars:
- Didn’t meet expectations
- Didn’t stay around particularly long
- Hurt the morale of people on their team
- Ultimately lowered the valuation of their company
By contrast the Study established that:
“IF YOU WANT YOUR ORGANIZATION TO WIN, DON’T HIRE SUPERSTARS. BUILD THEM.”
Paul Petrone, in his attached article, emphasizes that top-performing organizations “build stars, instead of buying them”.
Petrone emphasizes that top-performing companies did two things:
- They had intensive hiring processes.
- They relentlessly taught their people and encouraged them to move up the corporate ladder.
Read more about the HBR Study and Petrone’s recommendation in his attached article.THE BEST ORGANIZATIONS DON’T HIRE SUPERSTARS – THEY BUILD THEM
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