The EMG Group, an executive and management team placement
firm, was plagued by high turnover. People came and
went so quickly that the inside joke was, "Dont
buy any green bananas for new EMG recruiters".
This revolving door atmosphere had created a culture
where it was every man for himself. New hires found
themselves on their own without much help, and cooperation
between employees was virtually nonexistent. In addition,
the lack of communication and teamwork between functional
groups was costing the company revenue in missed opportunities.
Frustrated by the amount of time and money they were
investing in constantly hiring new recruiters and the
disruption in client service and lost business, the
president of EMG contacted Innovative Business Dynamics
for help.
It became quickly apparent that several factors were
contributing to EMGs high turnover problem. First,
potential hires were not evaluated for the core competencies
or personality required to achieve success at EMG. Additionally,
the lack of training and cooperative effort discouraged
new recruiters who often made mistakes and frequently
became frustrated with the competitive and uncooperative
environment. Recruiters that did survive focused solely
on placing individual deals for their own benefit, ignoring
potential cross-functional placement opportunities.
Compounding the problem, EMGs top management was
unprepared to provide the leadership required to unite
their workforce.
Intervention began by creating and implementing a customized
process for selecting new recruiters based on an analysis
of success factors for top performers. An easily administered
assessment indicated a candidates "fit"
with the EMG organization and pointed out potential
areas for development. Interview probes were provided
to explore any areas of concern. The assessment immediately
increased the probability of a successful new hire.
To help the company evolve into a more cooperative
and productive unit, a mentor/coaching program was implemented
that taught effective coaching and feedback skills to
top management and senior recruiting staff. Individual
goals and action plans were established that coordinated
efforts among all employees creating an effective cross-functional
network. Each individual in the program was assigned
a new hire to mentor, providing them with training and
a resource for solving problems. We also worked with
the company to restructure their compensation plan to
enhance cooperative productivity.
Within six months EMGs retention rate increased
by more than 50%, providing a significant cost reduction.
In addition, the company evolved to a team-based culture
that significantly increased their placement opportunities.
The ensuing rise in morale and client satisfaction was
reflected in the bottom line.
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