I have recently been very impressed, after being hugely frustrated, with one of my technology clients who have avoided removing an awful pain that a long term vacancy is causing their organisation. They have been tempted several times to appoint a "nearly there" candidate but have worked really hard to create a high performance culture and won't settle on employees who will deliver anything else.
A vacancy can bring all sorts of stress for both your team and can also have a negative effect on financial performance, however, recruiting a "2nd best" employee will bring you even greater woes in the future. Forget the temptation of short term pain relief and stick to your guns to achieve your long term vision.
The impact of our client's stubbornness is a high performance culture that outstanding candidates from their competitors want to be a part of!
Hire slow and you too will create an outstanding team.
So what does one do during the slow hire process to take on the needed responsibilities of keeping the business running? Utilize your team! Be transparent. Explain the situation and your team should rise to the occasion. Offer incentives, if possible. If your team is able to help with with X and Y before the new hire is onboarded, reward them in a way that makes sense for your business, whether that's a few extra vacation days, a bonus, or a gift they've been eyeing. It's okay to ask for help and to put certain tasks on the back burner when you're in a pinch, because taking the time to find the right person to help grow your business is 100% worth it!