Merita Consulting

Skills First

In the ever-evolving landscape of business, one truth remains constant: a company is only as strong as its workforce. This is where skills-first hiring and promoting come to the forefront, offering a means to fill positions and a catalyst for driving your company’s growth. When you strategically hire for skills, you open doors to enhanced innovation, heightened productivity, and an overall surge in business success.

Skill Definitions

Determining the skills for each role is a critical first step in building an adaptive workforce. These definitions are the foundation for your job descriptions, job postings, career pathways, and workforce development programs, all of which provide the platform for implementing a skills-first hiring and promotion program.



Skills Assessments

Skills assessments are crucial to the skills-based hiring process. They are the litmus test that helps employers determine if a candidate’s abilities align with the role’s requirements. Yet evaluating technical skills alone is not enough.

You must embrace a holistic approach to skills assessments to find the perfect fit for your team.


The Real Reason Netflix Stock Tanked – Rafi Mohammed – Harvard Business Review

Posted on by Dwayne Nesmith

Rafi Mohammed wrote an excellent article about Netflix, pricing, customer requirements, and shareholder concerns on the HBR Blog describing  The Real Reason Netflix Stock Tanked .

Netflix had many options as they looked at raising prices.  Mr. Mohammed argues the one option they correctly took off the table was to increase their cost structure and not ask customers to pay for this. However, they could have structured their offerings in a way that allowed customers to opt in if they wanted the additional features versus forcing them to opt out (leave the service, which 3% have decided to do) if they do not.

If the results of a 20-60% price increase is losing 3% of your customers, the financial result of that is pretty nice.  Even with Netflix taking it on the chin with their communication strategy, none of this describes why shareholders have left the stock in droves.  I let you read what Mr. Mohammed has to say about that.