As you may have heard, the company contracted to provide security guards to the London Olympics announced a scant three weeks before the event that — [psych! sorry!] — it was going to be (by some accounts) 7,000 guards short. This apparently caught nearly everyone, including the CEO of G4S (the largest security company in the world — at least up ’til now) off guard (no pun intended.) The hapless CEO, Nick Buckles, admitted to British lawmakers that his firm has embarrassed the nation.
The extent of the fallout from this debacle is not yet known for the Olympics, G4S, or its competitors (who seem likely to benefit from the over-commitment and incompetence of their industry’s giant). But in the meantime, there are key lessons to be learned for HR and talent acquisition professionals (not to mention business leaders):
Lucky for us, we can reflect on this unhappy situation and learn from the mistakes of overcommitting and leading an unscalable process. But what’s really important here — at this moment — is a hope for a safe and wonderful 2012 Olympic games — for all the athletes, their families, the employees of the Games, tourists, and residents of London.