CEO policy

The Truth About Salaries

Jeff Haden wrote a great piece recently on the “7 Things Employees Wish They Could Tell Their Boss About Salaries.”…

“I love Khorus, yes I do.”

Thanks to Dan Graham, CEO of Austin’s BuildASign.com, for writing this article on his blog about his deployment of Khorus and the potential he sees in it to align his employees around their quarterly goals. They were using Google docs for goals management but, as he says in the post: “…as far as instant and company-wide visibility into any employee’s cascading goals and tracking progress goes – Khorus wins.” BuildASign is our biggest customer so far, and we can’t wait to hear how Dan and his team progress with the software!

Bad hire? Blame the CEO

How much does a bad hire cost companies? It’s more than just money according to this infographic by Mindflash. Hiring the wrong person also causes lost time, productivity, and morale. The infographic also provides some suggestions for improving the hiring process. While these are important, one of the keys to hiring great people is to have a great recruiting process. This starts with the CEO, who in my mind should serve as the Chief Recruiting Officer.

CEOs should own recruiting and treat it as a core piece of the company’s strategic plan, not a tactical fire drill. Hiring right doesn’t mean taking your time, however. If your process is set up correctly, you should be able to hire someone within two weeks – that’s resume in hand to offer letter. Superstars won’t wait around for a company that drags its feet.

Also see a slide show version of this infographic at FastCompany.com.

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