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Lori Torres - Diligence and Vetting are Critical in Building an Outstanding Company
Currently unavailable
Lori Torres - Diligence and Vetting are Critical in Building an Outstanding Company
ratings:
Length:
27 minutes
Released:
Aug 16, 2018
Format:
Podcast episode
Description
Invest the time to really get to know the people you are going to hire. Especially in the beginning stages of your company. Be picky! Your companies success hinges on your ability to hire people who will help push the car uphill. Do not let your need to hire override the fit for both parties.
Today's Quote:
"Chaos is inherent in all compounded things. Strive on with diligence."
-Buddha
Show highlights
Experience hiring at the early stages
Hiring challenges as you grow
Provide solutions for hiring through the various stages
Your experience when you first started hiring & received the funding, what happened next?
Hard to hire- Keys: networking & due diligence
First 60-70 people came from referrals
Plan out company needs
Build, cultivate and maintain a candidate pipeline
Utilize your Referral network
The challenges you faced
Attraction in a tight job market
Company’s mission vs. $$
Think in a bigger way
Ignoring people’s bias
Ways to measure ownership in an interview
needed big thinkers & doers
Desperation takes over & bad hires result
Your need overwhelms your reason sometimes
Hired a person hastily, due to desperate need and it was not a good fit for either party.
Start with your Core Company Values
Why these values?
Integrity
Comradery
Customer Centric
Relentless
Solution finders
Knowing & Living your company values!
Interview process:
Garnering accurate information! -The Truth!
Interview process:
Interview tools for vetting-
culture index
Interview- multiple times, 3+ interviews-* test endurance … up to 5 people interviews - own agenda.
Due diligence & vetting
Checking references!
Backdoor references
Leading people down the path
Betterment of both parties -healing a wound
Preparation for the desired outcome
Take Aways
Use outside resources to hire
Ask for help... people are willing help you!
Believe in and listen to your Gut
Planning for the desired outcome
Hiring is not a sprint, it is a marathonResult of proper veting is a great company
Lori A. Torres is the founder and CEO of Parcel Pending, the nation’s leading provider of innovative package management solutions. Prior to Parcel Pending, Lori was SVP of property operations at The Irvine Company.
She has been recognized on multiple occasions for her leadership, including being named 2017 “Innovator of the Year” by the Orange County Business Journal and chosen as one of 13 entrepreneurs admitted into the EY Entrepreneurial Winning Women™ 2017 North America class.
Today's Quote:
"Chaos is inherent in all compounded things. Strive on with diligence."
-Buddha
Show highlights
Experience hiring at the early stages
Hiring challenges as you grow
Provide solutions for hiring through the various stages
Your experience when you first started hiring & received the funding, what happened next?
Hard to hire- Keys: networking & due diligence
First 60-70 people came from referrals
Plan out company needs
Build, cultivate and maintain a candidate pipeline
Utilize your Referral network
The challenges you faced
Attraction in a tight job market
Company’s mission vs. $$
Think in a bigger way
Ignoring people’s bias
Ways to measure ownership in an interview
needed big thinkers & doers
Desperation takes over & bad hires result
Your need overwhelms your reason sometimes
Hired a person hastily, due to desperate need and it was not a good fit for either party.
Start with your Core Company Values
Why these values?
Integrity
Comradery
Customer Centric
Relentless
Solution finders
Knowing & Living your company values!
Interview process:
Garnering accurate information! -The Truth!
Interview process:
Interview tools for vetting-
culture index
Interview- multiple times, 3+ interviews-* test endurance … up to 5 people interviews - own agenda.
Due diligence & vetting
Checking references!
Backdoor references
Leading people down the path
Betterment of both parties -healing a wound
Preparation for the desired outcome
Take Aways
Use outside resources to hire
Ask for help... people are willing help you!
Believe in and listen to your Gut
Planning for the desired outcome
Hiring is not a sprint, it is a marathonResult of proper veting is a great company
Lori A. Torres is the founder and CEO of Parcel Pending, the nation’s leading provider of innovative package management solutions. Prior to Parcel Pending, Lori was SVP of property operations at The Irvine Company.
She has been recognized on multiple occasions for her leadership, including being named 2017 “Innovator of the Year” by the Orange County Business Journal and chosen as one of 13 entrepreneurs admitted into the EY Entrepreneurial Winning Women™ 2017 North America class.
Released:
Aug 16, 2018
Format:
Podcast episode
Titles in the series (15)
Sean Ferrel: A Founder’s Story…. First Hiring Pains And A Unique Culture Developed Around A Baseball Theme: How does the baseball theme transfer into their interview process. Strength finding exercises Provide growth plan in interview Put gameplan together for each employee Involve different departments in interview process in a panel interview process. Sean... by Hire Power Radio Show