

This originally appeared on LinkedIn. You can follow Lou Adler here
There was an interesting story on Harvard Business Review’s blog about corporate board members giving most of their companies an “F” for talent acquisition and development, blaming the HR department for the failure. Since my company helps companies around the world improve their grades on the hiring side, we have good visibility in where they both excel and underperform. Based on this, here’s what we’ve seen it take to make the “Dean’s List” for talent acquisition, and why most companies miss the mark.
Some of the deficiencies noted above are caused by the lack of the right strategy rather than poor tactics or bad implementation. In this case, responsibility for the “F” should be on the CEO’s shoulders, not HR’s. In fact, one could argue that it belongs with every board member, including the thousand or so who took the survey. If hiring great people is so important, it should be a primary topic discussed at every board meeting. I remember sitting in a big meeting as a newbie MBA flipping slides at an F50 company, where the Chairman lambasted a group president saying that strategy drives tactics, not the other way around. The same holds true for talent. If valid, the “F” grade belongs with those responsible for setting the talent strategy. As Red Scott said “hire smart, or manage tough.” The way I see it, hiring smart starts with a smart strategy.