Are you seeing the real returns from assessments?

Are you seeing the real returns from assessments? from Goldfish Consulting

By: Goldfish Consulting  04-06-2016
Keywords: Talent management, ROI, strategic objectives, assessments, management

Are you seeing the real returns anticipated from doing Assessments? Conducting Assessments for recruitment and develpment purposes adds value to the decision making process. Practioners however need to ensure that they conduct assessments in the best manner possible in order to gain the ROI. Adherence to best practice and quality of assessments in the following areas is vital: 1. Purpose of the assessment. Ensure that the Company and you as Practioner agree upfront on the purpose and outcome of the assessment. 2. There needs to be a full assessment process in place, and decisions are not dependent on assessment results alone. As Practitioner, it is important to stress to the Company that assessment results are included in the decision making process, along with other vital information, such as c.v’s, work performance, interview results etc. 3. The Company fully understands the information shared, and knows how to use it. It is your responsibility when giving feedback to the Company, to ensure that they grasp the whole picture and not just certain aspects that could potentially support an agenda. 4. Confidentialy is maintained, and reports secured, preferably with someone who has been trained as a custodian. Although assessments are commonly used for recruitment and development purposes, there are three other Talent Management opportunities to make use of the information gathered: 1. Retention Strategies 2. Change Management 3. Growth Strategy The objective of using assessments is to ensure a good fit between candidate and the role they will be expected to fill. This remains true throughout the employee life cycle. As people grow, they tend to go out of flow with their roles. This is where assessments are useful: to find the most appropriate role in which the candidate can continue to grow and add value to the organisation. Utilizing information gathered from assessments previously done, conducting additional assessments appropriate for the question being asked, and at times re-doing an assessment that has become invalid over time, are all ways in which we can ensure the best ROI for our assessments. At Goldfish Consulting we pride ourselves in providing a service that is not only insightful and value adding, but ensures the best ROI as well. Give us a call today, we look forward to speaking to you.

Keywords: Talent management, ROI, strategic objectives, assessments, management

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