What are your best tips on how to hire roles you’ve never hired before? Here's how Revolut Founder/CEO Nik Storonsky learned how to do it: “Every time I hire a new role which I never hired before, I first interview a lot of people in that position. I try to learn how they do their job. Only after I learn how they do their job, I select the best person.” ► I highly recommend checking out the complete episode by Harry Stebbings from 20VC for the complete interview and more intersting stuff: https://lnkd.in/dkJ9Gkdh Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ]
Marcel van Oost thanks for sharing! In a watch list🙂
This is sad and basically confirms the rumors about culture at Revolut.
Interviewing ‘many’ people isn’t an effective talent acquisition strategy ❌ try instead, implementing a structured interviewing process based on predefined key skills and attributes ✅ — this would also allow for a quality candidate experience 🫶🏽
I was fired due to my poor performance. I don’t want to make the excuses for this but I couldn’t keep up with the rule changes when I chat with clients. The correct approach on the day before was wrong on the next day. The changes were day to day basis. No one will tell you this and you need to find it. Not to mention when I got to know my contract won’t be renewed on the day of the contract ends, it tells me that it’s not a good company for working. It’s great app tho
Wow! That has to take a ton of time. Plus, why do you assume you can lean in weeks what has taken these professionals years to learn to a degree that you can tell a highly qualified candidate from a great BSer? Probably better to have someone do the hiring selection or at least consult for the technical skill portion. In my experience the best talent finders are people who have a high degree of experience and can separate from their own ego such that they don’t pick only people just like themselves but can understand what skills add value and what the role or team needs.
Interesting strategy by Revolut, that’s probably also time consuming when done properly… At Adyen, we focus on a thorough hiring process with multiple rounds targeting specific skills (technical, interpersonal, professional) to ensure alignment with our values and culture. This also gives the applicant enough time to meet the team/organization. This approach not only builds stronger teams but also reduces employee turnover.
I prompt chatgpt: Imagine that you need to hire X for company Y in situation Z. What shall be the key metrics for selecting the most appropriate one? What shall be the areas and questions to be covered during the interview?
Re. "Anything to add about this subject?" Why, yes. Revolut is awful, and ought to hire better: https://www.linkedin.com/posts/activity-7199507977186279425-gyOS?utm_source=share&utm_medium=member_desktop
Marcel van Oost, learning directly from professionals in the field is a commendable strategy. Understanding their expertise can lead to informed hiring decisions and better team dynamics.
General Partner
3dHe needs to cut his hair. Or grow it. It can not carry on like it is