Welcome to the January 17, 2007 issue of The Total View
Published by Success Performance Solutions, Written by Ira S. Wolfe
Visit our Human Resources Blog and Perfect Labor Storm Blog where we can post daily (and more often) human resource updates, news, and Perfect Labor Storm facts.
What's Inside:
1. Getting to the Truth About Candidates
2. Perfect Labor Storm Alerts #611 to #612
3. Downloadable Skillbuilder Series: Prepare for the Interview
4. Reprint The Best Training Materials for As Little As $2 per
employee
5. Spotting Leadership Potential for $47 or less
6. Quotes from the Hire Authorities
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1. Getting to the Truth About Candidates
Another highly acclaimed CEO bit the dust when Bob Nardelli resigned
his position at Home Depot. It was big news and dominated the
financial news for days. I can only wonder how many other
lower-profile managers "resigned" that same day for lack of
performance that we didn't read or hear about (with significantly less
generous severance packages).
Unemployment is at its lowest level since 2001 and companies are
ramping up their hiring plans to the highest numbers in two years.
The labor crunch will especially be felt by small businesses in 26
states with below average jobless rates.
To make matters worse, according to a recently released survey by
Compensation Resources, Inc., manager turnover jumped 50% since 2004.
Among salespeople, it doubled from 8 percent to 16 percent. And
skilled manufacturing workers went from
7.5 percent to 17.5 percent.
What this means is that more interviews will be scheduled this year
than ever before when top performers jump ship and non-performers are
thrown over. This doesn't bode well for hiring managers and human
resource departments if you listen to Ram Charan, one of today's most
regarded business advisors. Charan's comment on employer competence:
"it's striking how little companies know about the employees they hire
and promote."
Charan is his new book, "Know-How: The Eight Skills That Separate
People Who Perform From Those Who Don't" outlines several concepts
that help managers "get to the truth of a person."
Reputations are indicators, not facts.
Too many recruiters, executives, and hiring managers are blinded by
the resume and impressed by the gift
of gab. But after the interview glow fades, the
new employee's skill sets are exposed and seem much less than
presented during the selection process.
Interviewers need to press candidates to understand what skills and
know-how he or she mastered. What is it that he really did at his
previous company?
Know what you're looking for.
Job descriptions and lengthy wish-lists don't pinpoint the
non-negotiable criteria required for success in the job. The list
should be pared down to three to five absolutely essential skills at
the most. The interview and selection process should focus on
uncovering the strengths and potential "derailers."
Develop a good hire into a great one.
What happens when a leader has only three of four attributes you need?
You need to be specific about expectations and lay out a development
plan with goals, milestones feedback, and metrics for improvement.
Don't let things slide.
When a hiring mistake is suspected, act on it. Be fair but realistic.
When an employee is a poor fit with the job or culture or the job has
evolved and the employee hasn't, don't avoid the subject.
Delaying the inevitable is painful for everyone
involved including co-workers and customers.
Getting to the "truth" about candidates and employees is easy.
Online personality tests provide accurate and predictive insights that
can be used to probe skills sets before you hire and assist in
developing professional development plans for incumbent employees.
Pruning the nice-to-have laundry list of desirable attributes to a
non-negotiable list of essential skills is a valuable exercise too
with high ROI.
Our Strategic Success Model streamlines the process and takes the
guesswork out of hiring.
Call us at 800.803.4303 to discuss online personality tests and how to
identify "non-negotiable" essential skills.
2. Perfect Labor Storm Alerts # 611 to $612
Fact #611: The number of U.S. Catholic sister
(nuns) has decreased from 180,000 in 1965 to 68,600 in 2005. The worse
is yet to come - the majority is older than 70 and the younger
generation shows little interest. The priest population is almost
unchanged from what it was in 1950 - roughly 44,000.
But the Catholic population has climbed from 28.6 million to 66.4
million over the same period. (Source: Center for Applied Research in the Apostolate, Georgetown
University)
Fact #612: Under current census projections, the number of working-age
Americans (ages 18 to 64) to each resident 65 years and up will fall
from 4.8 in the year 2000 to 2.7 in 2050. Maintaining even a modestly
positive actuarial ratio of 4 to 1 would require dramatically
increasing U.S. population growth to 607 million by 2050, compared to
the 392 million now projected. With the fertility of most native-born
Americans well under replacement level, achieving such rapid growth in
so short a time would require massive increases in already high levels
of direct immigration boosted by the higher birth rate of the foreign
born. (Source: Social Security: A Tale of Two Problems, Washington
Policy Center)
Don't miss day-to-day updates on Perfect Labor Storm.
Save the Perfect Labor Storm blog to your favorites.
Don't be caught in storm without all the facts. "The Perfect Labor Storm Fact Book: Why Worker Shortages Won't Go Away" is a must-read leading edge forecast that predicts workforce trends for decades to come. Order your copy today - Only $7.95.
3. Downloadable Skillbuilder Series: Prepare for the Interview
Most of us go through some kind of interview process an average of ten
times more frequently than did our parents or our grandparents. This
estimate refers to work- or job-related interviewing. The same rate of
change applies to many more situations, as well.
The word interview is interesting in itself.
"An interview is an open exchange of views between two or more parties
in order to form an opinion."
This definition suggests that an interview is a two-way process
(rather than the one-way assessment it is often presumed to be by the
applicant).
A successful selection interview is not a matter of luck or even
effective conversation skills. Neither is it an opportunity to look
for personal empathy with the candidate or to guess whether their
qualifications or experience mean that they will be able to do a
certain job. A typical interview is short, but we will look at a
rigorous and structured process, in six phases:
Prepare
Evaluate
Question
Listen
Observe
Decide
In this issue of the TotalView, you can download the section on "Prepare" for the interview.
In following issues, I will include one phase each week.
Like what you see? Order Skillbuilders Interview/Selection in print
or downloadable pdf format for all your managers. Call for pricing
and information about our our unlimited use license at 800.803.4303.
4. Reprint The Best Training Materials for As Little As $2 per employee
New for 2007! Our Self-Development Solutions License is the most
cost-effective, TOTAL training solution in the industry. Self
Development Solution Licenses are available to small businesses (10 to
100 employees) from as little as $36 per employee to less less than $2
per employee per year for larger workforces. All licenses include an
unlimited supply of the world's best training materials.
Over 110 Products available for download, handout or customizable
training workbooks.
Learn more about our Self-Development Solutions.
5. Spotting Leadership Potential for $47 or less
A leadership drought is looming. That means succession planning is
transitioning from important to urgent.
Spotting leadership potential just got a lot easier.
Compare aspiring leaders to others who would have been successful in
leadership roles with our new Leadership Clues and Self-Identifier
report.
The reports are divided into various behavioral areas. Within each
report you will find tips to help employees develop weak skills.
A sampling of characteristics evaluated are:
Solving Problems
Motivating Others
Handling Change
Team Approach
...and more.
View a sample Leadership Identifier Report here or call 800.803.4303 for as little as $47 (or less with volume discounts).
We are now accepting applications for "Leading Leaders, Leading
Others" workshop scheduled for May-June 2007. Or call 800.803.4303 to
set up an appointment to discuss on-site training.
6. Quotes from Hire Authorities
" Just making good grades on a test doesn't necessarily make a good
employee. It's the work ethic that makes the difference,"
Cheryl Fortner, Human Resources Director, Pan Pacific Products
Ira S. Wolfe Copyright 2007 - All Rights Reserved. Reprints and other distribution by permission
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