It’s Not Quantity and Speed It’s Quality and Process

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There is an ongoing debate in the realm of hiring over quantity vs quality, especially in situations where a new hire is required as soon as possible.  Many argue that it’s imperative to hire a candidate to fill the empty position as soon as possible because their company can’t properly function without someone to do that job.

Their solution?

Some may argue that you should favor the quantity-inclined hiring process, so you can interview more people in a shorter amount of time, thus increasing your chances of finding someone that will fit the job description faster.  Others may say that you should play the waiting game and hold out for that one, perfect candidate so you don’t end up with a bad fit.

We’re here to tell you that the way to find the perfect candidate isn’t about quantity and speed or about waiting for a diamond in the rough.

Effective recruiting is all about the perfect combination of quality and process.

Here are a few facts about recruiting a new hire:

  • One out of every two hires is a mis-hire.
  • Every mis-hire can cost your company up to 24 times the mis-hired candidate’s base salary per year.
  • Each vacant position in your company costs you an average of between $7,000 and $12,000 per day, depending on the position.
  • Having unfilled positions in your company also decreases team morale and productivity as your employees struggle to fill the gap.

All those facts mean that your hiring process needs to find the right person for the job the first time around.

What’s wrong with high volume recruiting?

Many hiring and recruiting companies will try to tell you that quantity is the most important aspect of the recruiting process.  They argue that more resumes = more chances of finding the right candidate fast, as they push large batches of resumes to your desk!  All these potential candidates are “qualified” for your company’s empty position (they’re always quick to say).

The main problem with this technique is the lack of quality control.  While each candidate may be qualified on paper, it’s possible that none of these candidates will be a good match for your specific needs, increasing the chance that you’ll have a mis-hire.

What about waiting?

If you’re not willing to sort through an excessive volume of resumes, then you may find yourself waiting an indeterminate time, maybe spanning months and months, for that perfect hire.  

All the while, your company loses money, opportunity, and employee morale!

What can I do?

It can often feel like you can’t win; however, don’t despair yet – there is a way to save you time, while delivering quality talent.

At Palarino Partners, we’ve created a specialized hybrid recruiting process that focuses on delivering the top candidates in a timely manner, each one hand-picked according your personalized company needs.

We do the sorting and searching on our end, to deliver to you only the potential candidates who are 90-100% technical matches to your needs.  Forget having to manage the quality control yourself and sift through hundreds of resumes. Because our search process is customized for each client, our only focus is to make sure you never incur your most costly expense, a mis-hire.

With us, you’ll find your next hire in 30 days or less, guaranteed.

Get started HERE to find your next top executive with Palarino Partners!

Why Product Management is the Most Important Role in Your Organization

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It doesn’t matter how good your company’s Sales team is.  It doesn’t matter if you have the best Engineering and Customer Service.

Why?

Because, if you don’t have a best-selling product – you don’t have a company.

Product Management holds a constantly shifting and evolving role in the most successful businesses.  The fast-growing nature of technology usage in company processes demands that good Product Management grows right along with the technology to stay relevant and successful.  

Product Management can bring the many departments of your company together to focus on what we’re all here for in the first place: the product.  

But how to do they accomplish this important task?

What does Product Management do?

Product Management is a very broad term that encompasses a lot of different skills and job descriptions that largely depend on what each individual company needs their Product Manager or Product Management team to do for them.

However, here is a generalized sample of what good Product Management will do for your company:

  • Develop a product timeline or “road map” in detail for every part of the product’s life.
  • Optimize your product to achieve your company’s business goals.
  • Focus on understanding your customer base to gauge satisfaction and pinpoint places for improvement.

Basically, Product Management can cover practically everything to do with your product or products.

Product Management’s main focus is product success.

The position of Product Manager is an organizational position.  They’re advocates for your company’s selling point, and a good PM has a vision of what your product’s success will look like and how to get there.  From that vision, they create a strategy for product success and work closely with Marketing, Sales, Design, and Engineering teams to help make that vision a reality.

Why is that important?

A good Product Manager is the “go between” for your company, making sure that the many departments all stay on track to make your products the best they can be for your business goals and your customers.

And that means improved profits and happier customers.

The perfect Product Management

As you can see, the role of Product Management is vital to the success of your product and your business, and that role has some pretty big shoes to fill.

So, when you’re thinking of hiring a new Product Manager, look for these qualities: passionate, creative, great with communication and collaborative leadership skills, as well as strategy-oriented.

Where do I find the right Product Manager?

If you want to hire a Product Manager to optimize your products, Palarino Partners can help.

We focus on finding the best PM hires for private companies in technology industry.  Unlike other companies that focus on providing a lot of resumes and possible hires for you, at the cost of relevance and quality, we focus on finding the right hire, the first time around for your company.

All our research is done per client, so you can be sure that the candidates we send you have come from unique research personalized for your specific needs.  Our searches only include the best in their fields and we boast a 90-100% match rate.

With us, you’ll find your next hire in 30 days or less, guaranteed.

Find your best Product Manager today.

Get started HERE.

 
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