Tuesday, May 26, 2020
How the Fastest Growing US Healthcare Company Hires For Growth
How the Fastest Growing US Healthcare Company Hires For Growth Castle Medical is the fastest growing healthcare company in the United States, according to the 2015 Inc. 5000 U.S. fastest growing companies list. They ranked #4 over all and #1 in healthcare. So I interviewed their Director of Human Potential, Jonathan Hayes, to see exactly how they hire for that kind of fast growthâ"over 25,000 percent growth over the last three years. He told me how they hired Alisa, for example. Her story typifies Castle Medicals company culture and how they hire for fast growth. Stream (or download) her story here: [soundcloud url=https://api.soundcloud.com/tracks/241883208 params=auto_play=falsehide_related=falseshow_comments=trueshow_user=trueshow_reposts=falsevisual=true width=100% height=450 iframe=true /] To put raw data behind their top five ranking among the 5,000 fastest growing U.S. Companies, these stats will whet your appetite and your need for speed: 3-Year Growth: 25485% 2014 Revenue: $83.7 M Jobs Added: 386 Castle Medicalâs goal as an organization is âto become a world class organization through acquiring top talent who can allow us to grow in some highly competitive markets.â Hayesâs HR goal for Castle Medical is to âprovide purpose, direction, and motivation to the team, for not only short term goals, but long term goals and the organization as a whole.â So how do they hire for so much growth? Itâs all about networking, says Hayes, even if you may never hire those with whom you network: âThis Wednesday Iâm going to be interviewing a COO at another healthcare company. Iâm not sure thereâs a place for him in our company yet, but the thing is I need to be networking with people like him who have very high-level expertise. I donât think we have a place for him, but he might have a network of people I need to break into and rub elbows with at the right time. âWhatâs more, his insight (and sharing insight with him) may create some type of synergy that can open the doors to new experiences for both our company and his. Itâs about networking and getting with people who have been in the industry for 20, 30, and 40 years.â Hayeâs tips for healthcare recruitment: Weekly breakfast meetings. He shares meals each week with potential candidates for a personal touch. Membership in the Society of Human Resource Management (SHRM). A large, international organization. Membership in the Risk Management Society (RIMS). Especially through this, heâs made contacts with top notch international contacts. How do behavioral-based interviews take away fudge answers? âIâve done so many interviews in my career that Iâm able to determine relatively fast if someoneâs going to be a good fit. The reason is because Iâm able to determine if what they put on their resume is actually something they have done. âSo somebody who may have spruced up their resume and put things on there that may have been something they had witnessed or an ancillary thing that they didnât actually go through themselvesâ"Iâm going to be able to determine whether or not they actually took part by way of asking them to tell the story. How do you conduct a behavioral-based interview? If you do the behavioral interview right, thereâs no way theyâre going to be able to fudge their answers. This is where Hayes turned the interview around on me! He started asking about podcasting for blogs, which is what I do. So if he was interviewing me for my current job, he would say, Okay Chad, tell me about a time when you had to interview a person for a podcast. He told me: âThen, you would give me a high-level answer. Iâm going to say:â How did that go? How did they react? How did they react to this type of question? Did you make them feel comfortable? How did you make them feel comfortable? âIâm going to make sure that not only you did this, but you did it well. Iâm going to dig in and ask all kinds of questions to make sure that you are the guy or gal that needs to be sitting in the chair doing the podcast interview.â How do you conduct a behavioral-based interview for healthcare hiring? âFunny, the most recent time I actually did this behaviorally-based interview was when we recently hired a regulatory compliance officer. It was just days prior we had an incident that involved HIPAA that was very complex. There were moving parts all over the place, people all over the placeâ"a multiple-state issue. âI had already handled the issue (and handled it correctly), but I used that scenario to ask the gentleman that I was interviewing how he would handle it. I brought him step-by-step: What would you have done ifâ¦. Then, I laid out the whole scenario and I was very impressed with his knowledge and the way he brought me through what he would have done.â Looking toward 2016 recruitment âAs we move into different models in the healthcare industry, which we are doing in 2016, we need to find top level talent who can step into these positions and make an immediate impact. Iâll be traveling around, looking for the best, and it doesnât have to be at the C-Suite levelâ"it can be at every level of the organization. âHealthcare is ever-changing. Thereâs no room to be stagnant, because if youâre stagnant, essentially, youâre moving backwards. Next year I donât want to be on the Inc 5000 list any further back than #4; hopefully weâll be closer to the #1 area.â Theyre the #1 fastest growing company in U.S. healthcare, but Hayes wants to become the #1 fastest growing company this year. Id say theyre on their way, if they keep hiring like they do. Jonathan Hayes is the Director of Human Potential for Castle Medical, which performs workplace drug testing as well as testing for hormones and vitamin levels, and DNA testing that can help determine proper dosages. [Image Credit: Shutterstock]
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