Q Singapore. And it doesn't get easier no matter what the industry, no matter how few or how many people you have. I've made tons of mistakes around hiring. And my background is in psychology. So you have to imagine, you know, how hard it is for people who may not have that, that extra skill set that I might have. What's the hardest thing about talent management that you found?
A There are so many challenges with it, and then it depends on, um, So, you know, I present on talent management strategies, uh, traction, efficiency, retention, and the cost of mishires, and how you should look at that. I think one of the biggest challenges, and I'll, I'll answer your question specifically, but just look at business. Um, you know, 30% of businesses don't make it a year. Of those that are left, uh, 50% don't make it five years, and across all industries, 70% of companies don't make it 10 years. So that's, that's pretty fun. That's pretty amazing, right? 30%. I mean, look at all that wasted revenue time. It's not easy to be in business or to scale, scale of business, uh, for sure. So when you look at the five main reasons why companies are successful or they fail in the top five reasons, uh, company alignment, relevant to leadership, vision, mission, and vision, and then having the wrong talent or the right talent are always in the top five. So That as our benchmark, and then specifically answering your question, I think that Companies typically do not have good processes relevant to efficiency. They don't necessarily do a great job of attracting. And I'd say the biggest problem is they don't do a good job of delineating the interview process to evaluate for cultural fit versus the technical skill in any functional area. And I'll just expound on that. If you're no…
AI assessment note: “I'd say the biggest problem is they don't do a good job of delineating”