Why Ashneer Grover thinks lengthy hiring processes are a waste of time
Ashneer Grover, founder of BharatPe and Third Unicorn, advocates for a streamlined hiring process centered around the principle of "hire fast, fire fast." Speaking on the podcast 'Limitless with Ishan Sharma,' Grover argued that traditional lengthy hiring procedures and prolonged notice periods waste valuable time and resources, ultimately hindering company growth.
The Traditional Hiring Process: A Time Sink
Grover criticizes the conventional approach to recruitment, which involves multiple rounds of interviews and extended notice periods. «What I have basically understood about hiring, and a lot of people don’t agree with this thought, it’s hire fast, fire fast,» Grover stated. He emphasized that the extensive time spent in hiring is often counterproductive, as candidates tend to be on their best behavior during interviews, making it difficult to gauge their true performance.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Chief Technology OfficerVisitIIM LucknowChief Operations Officer ProgrammeVisitIndian School of BusinessISB Chief Digital OfficerVisit <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-111843752»>The Inefficiencies of Slow Hiring
According to Grover, companies invest an excessive amount of time in hiring, followed by waiting for candidates to complete their notice periods. «Sometimes people are able to sell themselves very well. My realization is this – we spend 3 months identifying the ideal candidate, then the candidate serves his 2 months of notice period, so we wait for those 2
