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HIRE FOR POTENTIAL, NOT EXPERIENCE
Luring talent away from competitors, and then onboarding and training those
individuals to work successfully within your firm’s parameters isn’t easy.
Additionally, really great individuals are difficult to extract from their current jobs,
which makes hiring them expensive and will increase your risk if they subsequently
jump ship. On the flip side, disgruntled or non-promotable talent is often passed
along, from firm to firm. This is a bad practice and the net result tends to be salary
creep with, frankly, little impact on the caliber of talent that we offer up to our
clients, says James O’Malley, Partner, TalentRISE.
HOW DO HR MANAGERS MAKE CEOS BETTER LEADERS?
The business environment is constantly changing as organizations increasingly
participate in global markets. Hyper competition has become the norm. Knowledge
is also a crucial part of hypercompetitive environments. Organizations can design,
copy, or update products and services easier with more adaptability then ever today.
Organizations compete globally but must think locally if they expect to exceed.
These new and improved globalized markets place demands on the roles of leaders in
organizations, says Mostafa Sayyadi, a senior business consultant in Australia.
IS YOUR FIRM ONE OF
Consulting magazine is looking
for entries for its annual Seven
Small Jewels. Nominations
are now open! To be eligible,
firms must have fewer than 250
billable consultants. To apply,
and click on the Seven Small
Jewels logo on the home page.
Or use the top bar navigation
on the home page to Rankings/
Small Jewels. Deadline for
Small Jewels entries is Dec. 29.
The 2018 Seven Small Jewels
winners will be featured in
the February issue of
Con ng is out to recognize the fir hat re dis upt-
ing the profession, and one the best ways o do that
The Fastest Growing Firms award is designed to shine a light on
those firms that are making their impact through revenue growth—
all too often those firms fly under the radar. These firms are the future
and thus, deserve to be recognized.
To determine the rankings, Consulting evaluated revenue over a three-year period (2013-2016). To participate, firms needed to have generated
at least $500,000 in revenue in 2013. In all, 75 firms qualified for ranking with a minimum of 20 percent growth. This year’s winners averaged
248 percent growth—that’s 90 percentage points higher than 2016.
Plus, photo coverage of the gala awards dinner begins on on Page 92.