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The ability to make good decisions regarding people represents one of the last reliable sources of competitive advantages, since very few organizations are very good at it.

– Peter Drucker

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Building Talent With High Definition Assessment Science

Unless you have been trapped in Outer Mongolia for the last decade, you have heard every major business thought leader and published C.E.O. identify organizational talent as a primary generator of sustainable success. In our knowledge and innovation based economy, talent has become the clear differentiator between winners and also-rans. However, believing it is one thing and executing on it is another. At BHI, we know building a talent strategy with powerful underlying principles and methods is the touchstone for which all companies strive. In this article, we want to increase our readers' knowledge about what constitutes excellent selection and how innovation can be applied in solving the talent equation.

In writing this article, we have assumed that the reader believes the three following statements:
  1. Talent is a major driver in increasing shareholder equity. If you would like more information and data about the impact of talent on corporate success, access these highly regarded references: Good to Great, Collins, Jim HarperCollins Publishers). War for Talent, Michaels, Ed; Handfield-Jones, Helen; & Axelrod, Beth. (Harvard Business School Press 2001).
  2. That disciplined and scientific selection is a proven method of increasing the level of talent in your organization. There are numerous sources of compelling information proving the efficacy of scientifically validated selection systems. The following are just two of these studies: The Validity and Utility of Selection Methods in Personnel Psychology: Practical and Theoretical Implications of 85 Years of Research Findings. Psychological Bulletin, 124(2), 262-274. On the Usefulness of Personality Variables; An Empirical Perspective, Ones, Deniz S. (University of Minnesota).
  3. Understanding the fundamentals of selection science is critical in choosing a selection process that works. The past decade has seen the proliferation of hundreds of companies vying for your employee selection business, all claiming to be the answer.
First of all, while we will be describing the science of selection, all principles will be explained in business logic with no scientific jargon. All of you will quickly recognize these principles but may not know the order and process necessary for outstanding results. Knowing these principles and methods allows you to more readily differentiate fact from fiction when making a decision about employee selection systems.

High Definition Assessment Science™

At BHI, we have branded our approach to assessments as High Definition because it allows the user to bring clarity and vivid detail to the talent assessment and selection picture. All of us have had the first experience of looking at a regular tube TV and then looking at a High Definition TV in either plasma or LCD format. The difference was almost shocking in its detail, brightness, and realistic depiction of the scene. However, until we saw the HD TV, we didn't even know what we were missing. The old tube picture was just fine but now we find it hard to go back. For this reason, many of us have spent (or are seriously considering it) 5 to 6 times the cost of a similar size tube TV to acquire a high definition set. Fortunately, HD assessment science is only marginally more expensive (if at all) but we will view results in much greater clarity, richness, and detail in understanding important job success behaviors and how to measure and predict these behaviors. Ultimately, a high definition assessment process creates a dramatic increase in return on investment through improvement in employ productivity.

Please download the .pdf of this Article/White Paper to read in its entirety.
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