[CAJobPortal Insights] Recruitment and the The Goldilocks fallacy

As this client kept the recruitment process on for their Zonal Finance Controller, as their preferred recruitment vendor, we were at our wits end. Either a candidate was too experienced for the given role, or had a bit lower years of experience  than the desired level. Hence, there was this deadlock. The clock was ticking to choose, but did we have to choose at all. We could have simply followed the “Goldilocks Principle?” When faced with a range of options, we often choose an intermediate one without much thought. This Goldilocks heuristic serves us well in many circumstances. In the presence of conflict, we seek compromise. We keep to the middle of our lanes when driving, without consciously reasoning why this is a really good idea.
You don’t normally associate fairy tales with best hiring practices in business. However, “Goldilocks and the Three Bears” tells us how to make the right choice. In this 19th-century fairy tale, a young girl with golden locks trespasses in the house of three bears and tries out the bears’ porridge.She tastes three different bowls of porridge and finds she prefers porridge that is neither too hot nor too cold, but has just the right temperature and does not settle for second- or third-best. So, in the end, she only chooses what is “just right” .
We must evaluate our options thoroughly to make sure we give ourselves the best chance for a nourishing an successful decision
According to Jim Collins, author of Good to Great, great companies follow a similar principle: “When in doubt, don’t hire–keep looking.”
What has been your strategy for recruitment in such tricky situations
Would love to hear from you