Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:


Selection tool could revolutionize hiring, online dating


’Synthetic validity’ holds promise for better hiring decisions, billions in savings

With the assembly line, Henry Ford created a unified production process that revolutionized the manufacturing industry. Now, a University of Calgary business professor has designed a unified selection process that promises to revolutionize the world of human resources.

Its technical name is ’synthetic validity,’ and it has been the Holy Grail of business academics for the past 50 years. Once the system is implemented it’s expected to streamline hiring processes, save businesses many thousands of dollars, and contribute hundreds of billions of dollars annually to North American economies.

And what’s more, it can be applied to online dating.

"Essentially this is a single standardized system that could select almost anybody for anything in one-thousandth the time and one-thousandth the cost," says Dr. Piers Steel, a professor in the U of C’s Haskayne School of Business and lead author of a paper on synthetic validity in the March International Journal of Selection and Assessment.

"We’ve all seen people get hired into the wrong jobs, but this system would almost eliminate that possibility and instead identify the best candidates available in any given applicant pool." Steel notes that in some jobs, the top one per cent outperforms the bottom one per cent by a ratio of about 50 to 1. "You could call it the Rambo factor; you get one Rambo and you can wipe out several platoons quite easily." The top performers are worth many times their salary, while those at the bottom can actually wind up costing their employers.

The way the system would identify more Rambos for any given position is based on a comprehensive data set of information about the skills and performances of about 50,000 people currently employed in a range of jobs. Over time, as more people used the system, it would continually improve and refine its selection processes.

Current selection systems use a similar process, but they are labour intensive, cost many thousands of dollars, and are available only to a minority of the largest companies. Steel’s envisioned online computerized system would create a high-quality selection system in hours, cost only pennies, and be able to withstand the harshest legal scrutiny.

"This is a significant breakthrough and could provide Canada with a global competitive advantage," says David Knudson CHRP, President of the Human Resources Institute of Alberta. "Every business in Canada would be interested in this."

Although the system is designed to select the best people for the job, it could easily be applied to select people for a romantic relationship. "A lot of online dating services are struggling with this very issue," Steel says. "It’s very difficult to weigh all the different elements that are going to make two people happy together, but synthetic validity should do a better job than what’s currently available." It would be far more precise and should result in relationships working in both the short and the long term, he says.

Gregory Harris | EurekAlert!
Further information:

More articles from Information Technology:

nachricht Next Generation Cryptography
20.03.2018 | Fraunhofer-Institut für Sichere Informationstechnologie SIT

nachricht TIB’s Visual Analytics Research Group to develop methods for person detection and visualisation
19.03.2018 | Technische Informationsbibliothek (TIB)

All articles from Information Technology >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Researchers Discover New Anti-Cancer Protein

An international team of researchers has discovered a new anti-cancer protein. The protein, called LHPP, prevents the uncontrolled proliferation of cancer cells in the liver. The researchers led by Prof. Michael N. Hall from the Biozentrum, University of Basel, report in “Nature” that LHPP can also serve as a biomarker for the diagnosis and prognosis of liver cancer.

The incidence of liver cancer, also known as hepatocellular carcinoma, is steadily increasing. In the last twenty years, the number of cases has almost doubled...

Im Focus: Researchers at Fraunhofer monitor re-entry of Chinese space station Tiangong-1

In just a few weeks from now, the Chinese space station Tiangong-1 will re-enter the Earth's atmosphere where it will to a large extent burn up. It is possible that some debris will reach the Earth's surface. Tiangong-1 is orbiting the Earth uncontrolled at a speed of approx. 29,000 km/h.Currently the prognosis relating to the time of impact currently lies within a window of several days. The scientists at Fraunhofer FHR have already been monitoring Tiangong-1 for a number of weeks with their TIRA system, one of the most powerful space observation radars in the world, with a view to supporting the German Space Situational Awareness Center and the ESA with their re-entry forecasts.

Following the loss of radio contact with Tiangong-1 in 2016 and due to the low orbital height, it is now inevitable that the Chinese space station will...

Im Focus: Alliance „OLED Licht Forum“ – Key partner for OLED lighting solutions

Fraunhofer Institute for Organic Electronics, Electron Beam and Plasma Technology FEP, provider of research and development services for OLED lighting solutions, announces the founding of the “OLED Licht Forum” and presents latest OLED design and lighting solutions during light+building, from March 18th – 23rd, 2018 in Frankfurt a.M./Germany, at booth no. F91 in Hall 4.0.

They are united in their passion for OLED (organic light emitting diodes) lighting with all of its unique facets and application possibilities. Thus experts in...

Im Focus: Mars' oceans formed early, possibly aided by massive volcanic eruptions

Oceans formed before Tharsis and evolved together, shaping climate history of Mars

A new scenario seeking to explain how Mars' putative oceans came and went over the last 4 billion years implies that the oceans formed several hundred million...

Im Focus: Tiny implants for cells are functional in vivo

For the first time, an interdisciplinary team from the University of Basel has succeeded in integrating artificial organelles into the cells of live zebrafish embryos. This innovative approach using artificial organelles as cellular implants offers new potential in treating a range of diseases, as the authors report in an article published in Nature Communications.

In the cells of higher organisms, organelles such as the nucleus or mitochondria perform a range of complex functions necessary for life. In the networks of...

All Focus news of the innovation-report >>>



Industry & Economy
Event News

Virtual reality conference comes to Reutlingen

19.03.2018 | Event News

Ultrafast Wireless and Chip Design at the DATE Conference in Dresden

16.03.2018 | Event News

International Tinnitus Conference of the Tinnitus Research Initiative in Regensburg

13.03.2018 | Event News

Latest News

Modular safety concept increases flexibility in plant conversion

22.03.2018 | Trade Fair News

New interactive map shows climate change everywhere in world

22.03.2018 | Earth Sciences

New technologies and computing power to help strengthen population data

22.03.2018 | Earth Sciences

Science & Research
Overview of more VideoLinks >>>