يحاول ذهب - حر
The Art And Craft Of Recruitment - Why It Matters
25 March 2023
|Business World India
I WANT TO INTERVIEW the interviewer,” said Khanna, a very senior executive of a billion-dollar family business. That was a strange request indeed, for any recruiter. The logic that was given was that the client wanted to ensure that the interviewer was on the same page as what the client wanted.

For a minute, assume that you are the recruiter with special skills that allow you to pick 90 per cent of the time, the top 10 per cent of high potential candidates (HIPOs) from a group of prospective employees. If you land up at a recruitment drive, what would be your success rate? Ninety per cent, correct?
Think again. The fact is that in a room full of say, one hundred candidates, with ten being the top highest HIPO, you would be successful in picking nine of them (that is a 90 per cent accuracy). You have made an error of not being able to pick the tenth HIPO (false negative). Now comes the rub: of the balance ninety people in the room, who are not HIPO’s, you have been interviewing them as well, and you make an error in selecting nine of them as HIPOs (a false positive). That is because you have only 90 per cent accuracy and 10 per cent inaccuracy or error. This is known as Type 1 and Type 2 error.
Thus, an organisation may end up rejecting a ‘fit’ candidate or may end up accepting an ‘unfit’ candidate. In this example, it selected nine correctly and nine incorrectly, a total of eighteen candidates.
Time & Objectivity
هذه القصة من طبعة 25 March 2023 من Business World India.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Business World India

BW Businessworld
THE NEW CRÈME DELL-A CRÈME OF ENTERPRISE LAPTOPS
Built for performance and portability, Dell's PRO 14 PREMIUM redefines enterprise laptops with Al-ready power, sleek design, and lasting efficiency
3 mins
September 20, 2025

BW Businessworld
FROM INTENT TO IMPACT: Transforming Data into Hyper-personalised Experiences
In conversations with CMOs, one insight that is consistently echoed has been the growing importance of hyperpersonalisation in marketing. While it holds immense potential to enhance customer experiences and brand relationships, many organisations find it challenging to implement hyper-personalisation at scale. Despite leveraging advanced technologies for segmentation and dynamic content creation, delivering truly personalised campaigns that align with individual customer needs and preferences remains a key hurdle.
3 mins
September 20, 2025

BW Businessworld
Apple's Retail Run in India
Two new stores in Bengaluru and Pune in as many days showcase the iconic brand's commitment to community, creativity, and long-term growth
4 mins
September 20, 2025

BW Businessworld
IT'S ALL IN THE KICKS
A growing love for sneakers in India has seen homegrown brands emerge, and consumers are loving them. We take a peek into this fast-growing market
4 mins
September 20, 2025

BW Businessworld
THE GST STIMULUS
From milk and soaps to mobiles, TVs and small cars, GST cuts promise festive relief—can spending power truly turbocharge India's growth?
8 mins
September 20, 2025

BW Businessworld
HEALTH MADE LESS TAXING
GST Council's bold reforms exempt insurance premiums and slash medical taxes, boosting affordability and access nationwide
3 mins
September 20, 2025

BW Businessworld
"EVERY WORD CARRIES A HIDDEN JOURNEY"
Author SUMANTO CHATTOPADHYAY discusses his book Stories of Words and Phrases, revealing quirky origins and why etymology deepens language and meaning, in this conversation with
4 mins
September 20, 2025

BW Businessworld
THE BIHAR ECONOMY STORY: FROM UNDERDEVELOPED TO UNSTOPPABLE
Under the seasoned leadership of CHIEF MINISTER NITISH KUMAR, the JDU-BJP government is attempting a transformation that feels both ambitious and tangible
3 mins
September 20, 2025

BW Businessworld
CAREER TIPS FROM A CORPORATE WORKSHOP
The author uses mentorship stories, workshop lessons and personal anecdotes from a range of sources to create a comprehensive yet digestible textbook. This eclectic approach serves the book well by preventing it from becoming overly theoretical or anecdotal. Each chapter feels like a conversation with a seasoned co-worker who sincerely wants you to be successful
3 mins
September 20, 2025

BW Businessworld
India Now Tourism Australia's Fifth-largest Market
Marking the second chapter of its global campaign, 'Come and Say G'day', TOURISM AUSTRALIA allocates 70 per cent of India media spend to digital, blending global brand identity with local Indian storytelling
3 mins
September 20, 2025
Translate
Change font size