Mistake #6 – Hire Too Quickly, Fire Too Slowly
As busy as you are, having the “right people on the bus” is important to your business. A common mistake managers make is acting too quickly on hiring decisions based on needing to fill a spot on their roster. If a manager fills a role too hastily, at the expense of hiring for the appropriate cultural fit, it can often lead to disastrous results. Having insufficient resources to manage your business is challenging, and it is very easy to give into the temptation to hire the first qualified candidate to fill the spot. However, far more challenging is unwinding the mess that a bad hire can create. Take your time, and hire the right person for your team. You and the rest of your team deserve to get the best person, not the first person.
Another mistake managers make is taking too long to end someone’s employment. Terminations are the most difficult part of the job, but also one of the most important. As managers we are forced to make tough decisions and have difficult conversations with employees. If you have well-documented justification to terminate someone, you should act quickly. Failing to take swift action can have a significant, sometimes irreversible, impact on the culture of your business.