Thirty days after a new person starts, ask: "Knowing what I know today, would I hire this person?" If the answer is yes, praise them. If the answer is no, fire them immediately. This forces a decisive action before a bad fit can damage team morale, as everyone else already knows they aren't a fit.
To overcome loyalty bias toward long-tenured employees, leaders should reframe performance reviews. Instead of asking if they are "good enough," ask, "Knowing our future needs, would I hire this person for this role today?" This clarifies whether their skills match future requirements, enabling objective talent decisions.
Challenge the 'hire slow' mantra. Hiring is an intuitive guess, so act quickly. Once a person is in the organization, their performance is a known fact, not a guess. This clarity allows for faster decisions—both in removing underperformers and, crucially, in accelerating the promotion of superstars ahead of standard review cycles.
Business owners get crippled by the fear of making a bad hire. The real skill is not finding the perfect candidate, but decisively firing an agency or employee when you know it's not working. Protect your business by ensuring contracts have short, 30-day termination clauses.
Chipotle CBO Chris Brandt filters candidates based on a simple, visceral question: 'Would you be willing to walk into a conference room with them at 5 PM on a Friday?' This test prioritizes collaborative spirit and cultural fit over pure skill, ensuring new hires won't disrupt team dynamics, even if they look good on paper.
Teopo Capital prioritizes rigorous post-hire evaluation. They believe the true assessment of a candidate's fit and capability occurs on the job. The greatest risk is not making the wrong hire, but failing to act swiftly when they underperform, making quick termination crucial for risk management.
To clarify difficult talent decisions, ask yourself: "Would I enthusiastically rehire this person for this same role today?" This binary question, used at Stripe, bypasses emotional ambiguity and provides a clear signal. A "no" doesn't mean immediate termination, but it mandates that some corrective action must be taken.
To ensure 100% team cohesion, implement a full-day working interview where candidates interact with everyone. Afterward, give every single team member a simple thumbs-up or thumbs-down vote. A single "thumbs down" is a veto, which prevents the poison of a bad cultural fit from entering the team and is easier than firing them later.
High-performing CEOs don't hesitate on talent decisions. One mentor's advice was to act immediately the first time you consider firing someone, as indecision only prolongs the inevitable and harms value creation. This counteracts the common tendency for CEOs to be overly loyal or fear disruption.
Don't be paralyzed by the fear of making a bad hire. View hiring as an educated guess. The real knowledge comes after they've started working. Firing isn't a failure, but the confirmation of a mismatched hypothesis. This reframes hiring from a high-stakes decision to an iterative process of finding the right fit.
Traditional onboarding takes months to reveal a new hire's effectiveness. By requiring recruits to teach back core concepts from day one, managers can assess their competence, coachability, and work ethic in as little as three weeks, dramatically reducing the time and cost of a bad hire.