What is the Due diligence - Approach and process?

  1. Iamsam profile image80
    Iamsamposted 5 years ago

    What is the Due diligence - Approach and process?

  2. pippap profile image86
    pippapposted 5 years ago

    Due Diligence is simply a term meaning "doing everything you possibly can" in the situation.  How you would accomplish your due diligence is different depending on each situation.

    If; for example, you were hiring a new person for a position in the company - your due diligence would include such things as:

    1.  Checking resume for experience AND spelling, grammar, sentence construction, organization of resume, information contained; and general appearance.

    2.  Have a face-to-face interview with person asking relevant questions about job knowledge and ability to perform duties efficiently.  Have a few tests for this person to complete - oral, written and/or computer.

    3.  Ask questions determined to bring out her personality.  Is (s)he suitable?

    4.  Phone ALL references.  Phone past employers.  Ask them if they would rehire this employee - why or why not?

    5.  Check contents of resume for accurateness.  Did this person really get the accolades they claim they did?  Most people "inflate" their resume somewhat; but, some are nowhere the truth as others remember it.

  3. ZIa Ahmed khan profile image81
    ZIa Ahmed khanposted 5 years ago

    Due Diligence is all about finding the truth proved by facts m figures and law. The balance sheet of every company is half truth, we make full due diligence to find out full truth. I wrote a hub on doing the due diligence.
    http://ziaahmedkhan.hubpages.com/hub/Di … ing-Assets