The Wrong Hire That Cost a Company Millions— And How HR Fixed It
The Wrong Hire That Cost ₹2 Crore—And How HR Fixed It
Hiring mistakes don’t just impact HR… they affect business performance.
Here’s how one HRBP turned a hiring disaster into a success story.
THE PERFECT RESUME… BUT THE WRONG CANDIDATE!
A leading BFSI firm needed a Senior Product Head. The candidate:
- Strong experience
- Industry knowledge
- Great resume
But within six months, things started falling apart…
THE CONSEQUENCES OF A BAD HIRE
- Revenue loss: ₹2 Crore
due to poor strategic
execution - Leadership
doubts: HR’s
credibility took a
hit - Top talent exits:
Frustrated employees
started leaving - Hiring delays: HR
had to start from
scratch
WHAT WENT WRONG?
1. Poor cultural fit – The hire clashed with leadership values
2. Lack of adaptability – Struggled to keep up with fast-moving industry changes
3. Low engagement – Team members felt disconnected
HOW HRBPS FIXED IT
1. Refined job descriptions – Focused on mindset & adaptability, not just skills
2. Introduced structured interviews – Included culture-fit assessments
3. Partnered with an expert recruitment firm – To source aligned candidates
REAL IMPACT OF FASTER FEEDBACK
The next hire wasn’t just qualified—they delivered results!- 15% revenue growth in their first year
- Stronger leadership alignment
- Improved team collaboration
KEY TAKEAWAYS FOR HRBPS
1
A strong resume doesn’t guarantee success
2
Cultural fit matters as much as technical skills
3
A structured hiring process reduces costly mistakes
4
The right hiring partner can transform recruitment outcomes