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Interview with Larry Stybel : How to Stop Hiring Incompetent Leaders

3X Value Growth

Release Date: 11/21/2019

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Larry Stybel is a Harvard trained licensed doctoral-level psychologist and co-founder of two companies.  Board Options, Inc. is a resource to Boards of Directors for Board talent and Board education. And  Stybel Peabody which provides retained search for Board members, CEOs, COOs, and CFOs. 

Larry and his partner write monthly perspectives on leadership for PSYCHOLOGY TODAY.  He also is an executive in residence at Lexington Search Fund Capital. 

In this episode, Larry shares how he helps companies hire competent leaders through customized, and pragmatic approaches to leadership change.

 

"The biggest mistake that I see is, hiring authorities spend too much time focusing on the right functional or technical skills at the expense of culture fit."

– Larry Stybel

 

Why you have to check out today’s podcast:

  • Discover why determining “culture fit” is so important in the hiring process
  • Learn why companies hire so many incompetent leaders
  • Confidence and competence, learn why they are not the same in terms of hiring

 

Learn More about the 3X Value Growth™ Model

Go to www.3xvaluegrowth.com/model

 

 

Episode Takeaway: Why do people hire so many incompetent leaders?

  1. Competence and confidence are not the same things. A lot of particularly male candidates come in exuding confidence. People start confusing confidence with competence. If somebody has competence, you want to test for it. You want to check references for it. But don’t assume competence based on someone’s confidence, two separate things.
  2. Women express confidence differently than men. And it works to the disadvantage of women. So, if you’re looking to hire really great women on your team, understand that you have a male candidate and you have a woman candidate. You need to understand men and women don’t think the same. And men and women don’t express their level of confidence in the same way, and just understand that.

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