Chapter 2 Work Analysis-based Job Descriptions The Secret to Finding the Right Startup Talent at the Right Time
Neil Morelli
Chief I-O Psychologist, Codility, 107 Cheapside, 9th Floor, London, UK.
Email: neil.morelli@codility.com
Finding, hiring, and keeping the right team are critical win conditions for startups. In an analysis of more than 110 startup failures, CBInsights (2021a) found that 1 in 10 startups fail because they do not have the right team—one of the top 12 reasons overall. A 2020 McKinsey survey of nearly 500 global companies found that “transforming the talent strategy” resulted in the most value to top and bottom lines—more than ‘tangible’ transformations such as updating vendor management (Dhasarathy et al. 2021).
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