Episode Details

Episode 11: Hire Slow, Act Fast: Understanding the Concept and Importance of Hiring the Right People

In this episode of The Wize Guys, Brenton Ward with Jamie Johns, and Ed Chan discuss an in-depth explanation of the ‘hire slow & act fast’ concept.

Good candidates won't wait for you. On the other hand, remove the rose-tinted glasses before you rush into a new hire. Lots to consider in this short, punchy conversation to find out. So make sure to grab a pen and paper for another action-packed episode.

Timestamps:

0:34 - Understanding the concept of ‘hire slow & act fast’
1:33-  How to ensure hiring the right people
2:16 - The importance of following a recruitment method
2:51 - The principle of getting the job done
3:03 - Why you should act fast with good candidates
4:14 - How does losing ‘good people’ can impact your accounting practice
5:42 - Why having the right process is essential

Quotations:

“Why don't you start the hiring process you've got some good candidates, act fast. They won't last long. The good candidates go quickly..” - Jamie Johns

“In terms of hiring slow. The emphasis here is the follow-on method, follow mythology that takes all the emotion out of it because you don't necessarily need to like the person. Sometimes we just meet people and we sort of instinctively like them. Sometimes we instinctively don't like them and sometimes we call it intuition. This is my intuition. This is my gut feeling. And for more experience, that's all rubbish. That's all rubbish. What you want to do. You don't need to lock the person in terms of them getting a result for doing the job. They just need to get the job done and get a result. You don't need to lock them in a personality sense.’ - Jamie Johns

“If you're procrastinating and taking time to act, you're going to lose the good people that they're really good to. People just want certainty. They want a job. They want certainty. They want to work.” - Ed Chan

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Download the full transcript here.

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