The annual NFL draft spectacle begins on Thursday with round one selections. In a couple of months, the NHL will hold its annual amateur draft.
In both cases, young men are selected by professional teams for an opportunity to earn millions in a playing career and set themselves up for life financially.
While there are no guarantees that a player’s high level amateur prowess will translate automatically into professional success, most early round selections will make the roster for the next season. In the NFL, players are typically twenty-two years old and are physically ready for “the big leagues.” In the NHL, players are eighteen and there is a need for continued physical and skill development, often in the minor leagues, before being big league ready (generational talent like Sidney Crosby and Connor McDavid notwithstanding).
I want to focus on the NFL for this assessment and bring it back to a business comparison.
All teams employ a sophisticated and highly analytical scouting department to assess potential draft selections. Remember that an NFL roster is only fifty-three players for each game with another few available for the “taxi squad” that are protected and brought in when an injury or poor play necessitates. There are also only seven rounds in the NFL draft for the thirty-two teams. This means that teams will select about 214 players (give or take a couple) from a pool of approximately 3500 draft eligible division I and II college football players. This is about 7% of the total.
Teams have watched the players during their college career. Teams have watched the players in all-star settings. Teams assess players at scouting combines and “pro days” where they run through a series of measurable tests and on field drills.
Although rare, it is possible that no draftee makes the club that drafted them – what a waste. There are also situations where an undrafted player makes a club’s roster. Also, rare. These latter situations are often feel good stories where it reminds us all to not give up on our dreams. Not hokey if you have put in the work and have a level of above average talent.
In my view, you cannot directly compare the scouting and drafting process to the hiring process of companies. No company that I am aware of, so please correct me if you know one, goes through this length of time and process to select a candidate – even for a CEO!
This is another example of how sports and business are polar opposites for key comparison aspects. In sports, teams prepare, train, and practice much more than they play. Business is exactly the opposite.
But there is another question that comes up when selecting a player, and an employee.
Teams have worked through scenarios to see who they might have available at their position in the draft. While trades can happen, let’s just consider a regular process. A team will select a player that has impact for certain needs or deficiencies in their current roster. What if their top targets are not available when their time comes? Do they draft for a secondary position need or pick the most talented player available, regardless of position? And remember that there are seven rounds for the teams to select players that they believe can improve their team – if they play to their perceived potential.
When comparing this to the hiring process, let’s say you post for a critical position and you attract substantial A level talent – the best talent in the “draft class.” Now, you obviously select the best candidate. But what about the other top one or two candidates available? Do you look to make room for them in your organization or do you let them go to your competitor? I realize there are a variety of factors so let’s keep it simple – do you hire an extra employee who is a clear superstar and one small step below your top candidate?
Now the opportunity for a business is to hire more than one person depending on if there is available budget for this to happen. And you also take this person away from potentially going to the competition.
In sports, there is only one player available at your draft position. The other teams are openly displaying their selections and all the ripple effects multiply through the subsequent selection rounds. Each round provides new opportunities to select a talented player.
Why not go seven rounds of prospective talent for your business? Think longer term to make sure your business drafting process is helping you find the best available talent. If you hire for talent you can train for skill.
Thoughts, comments, challenges, and discussion – the war for talent is on for every organization and I am keen to hear about your experiences.
You must be logged in to post a comment.