Management Tip of the Day: Hire that overqualified candidate
BOSTON (Reuters Life!) - The prevailing wisdom has been to avoid overqualified applicants, but with a lot of talent still on the sidelines after the recession, it might be time for a paradigm shift, says Harvard Business Review.
The Management Tip of the Day offers quick, practical management tips and ideas from Harvard Business Review and HBR.org (www.hbr.org). Any opinions expressed are not endorsed by Reuters.
"For years, the prevailing wisdom on overqualified candidates was to avoid them. But bringing in someone who has more skills or experience than the job requires can have many benefits for you and your organization.
Don't narrowly define the hiring process as finding one person for one role. Instead, think broader than the job in question. Is there room to expand the position?
Shaping a new role, or bringing someone on with the expectation of a future promotion can ensure you don't lose a promising applicant who doesn't match the job description perfectly, yet still has lots to offer."
-Today's management tip was adapted from the "Should You Hire an Overqualified Candidate?" by Amy Gallo.
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