| Welcome to the July 21, 2004 issue of The Total
View Published by
Success Performance Solutions, Written by Ira S. Wolfe
We're celebrating our
new website for small businesses.
Submit your Best Small Business Solutions today. See details
below.
1. U.S. losing $105 billion a year to poor hiring and
management practices.
2. A Google Search for Interview Questions Provides More
Answers than Questions
3. Best Practice Tips and Resources
4. Perfect Labor Storm Alerts #206 to #210
5. New! Strategic Leadership Type Indicator.(SLTi)
6. New audio releases. Hear Ira Wolfe on the WJJZ hot seat.
7. Summer/Fall Workshop and Speaking Schedule
8. Are You Wasting Too Much Time Sorting Through Unqualified
Resumes?
9. Build a High Motivation Employee Team
Success Performance
Solutions is giving away up to $10,100.00.
What are we crazy? (Don't answer that!)
In celebration of our new solution - Best-Small-Business-Solutions.com,
a new website exclusively for small business owners and hiring managers,
we are giving away $101 in products and services to each owner,
manager, consultant, HR professional or vendor who shares a Best
Small Business Solution if your story is selected for inclusion
in our new e-book, 101 Best Small Business Solutions.
Submit as many entries as you like. You can have more than one winning
solution. Every participant will receive a complimentary copy of
of our new e-book, 101 Best Small Business Solutions. Each 101 Best
Small Business Solutions winner will receive a certificate valued
at $101 for products and services from Success Performance Solutions.
Your Best Small Business Solutions should include a brief case study
of the problem, what you did to solve the problem, approximate costs
if any, and any other information you can provide about you, yourself,
your company and how others might find the same or similar solution.
The 101 Best Small Business Solutions will be published in September
2004 - and each person who submits a solution will also receive
a free copy of our Secrets to Hiring High Motivation Employees (mid-September
2004).
Submit your solution now at Best-Small-Business-Solutions.com
1. The United
States is losing $105 billion a year to poor hiring and management
practices.
This shortfall is worth
1.05% of total US GDP. (Source: SHL Group PLC)
Companies talk about people being their biggest asset yet they fail
to match the right people to the right jobs.
Failure to match the right people to the right jobs is widespread.
Currently, one out of eight US employees leaves their job before
becoming competent. With an average 8 months necessary to attain
the required performance level, a mismatch proves costly for the
employee as well as the company.
Just a few weeks ago The 2004 Recruiting Metrics and Performance
Benchmark Report, published by Staffing.org, reported that cost-per-hire
in 2004 was $4,262, an increase of over $260 since 2001. On a broader
scale, the cost to hire employees in 2003 ranged from 14 to 29 percent
of total employee compensation, a 2.5 increase over the two previous
years. And this occurred during a period supposedly where the competition
for employees was down!
Add to this cost-to-hire, training costs, lost opportunities, mistakes,
morale problems and hiring the wrong people is costing companies
a big chunk of change.
Yet these figures are only the tip of the iceberg. According to
the report, nearly a quarter (23 per cent) of US workers believe
their colleagues are incompetent. More worrying still, while they
may be critical of their co-worker’s performance, US employees
also admit that 68 per cent of the mistakes they personally make
never come to their manager’s attention.
2. . A Google
Search for Interview Questions Provides More Answers than Questions
"How can I ace my
job interview?" I keyed that very question into a search engine
and, in under a minute, I had a sixteen-page list of web sites.
The advice ranged from A-anticipating the interview questions-to
Z, zooming in on the right answers.
How times have changed. The secrets of job interviewing are uncloaked.
The mystery is gone. A resourceful job applicant can learn, fairly
quickly, what to expect during an interview. While the hiring manager
is busy putting out the daily fires, the job candidate is surfing
the Net preparing for the interview. Match a mediocre interviewer
with savvy job applicants and the chance of hiring the right person
can be as low as one in fourteen.
Even skilled interviewers, those who ask the good questions and
carefully listen to the interview questions answers, rely on applicants
to be honest and forthright. Most hiring managers base hiring decisions
on the interview and information that can be confirmed - education,
experience, salary history. Add a healthy dose of gut instinct,
and a job offer is made.
This long-used formula comes with the comfort level common to anything
that is familiar and accepted. Maybe it's time to shake things up.
Although interviewing, fact confirmation, and reference checks are
useful, that sequence of events has no predictive value when it
comes to making the correct hiring decision.
Name one other process in business so fraught with poor reliability
that continues to be used over and over gain. Yet traditional interviews
remain the tool of choice to screen job applicants and to promote
staff.
Okay, so now you know you've got to do something different. The
tough question is, "What?"
You can improve your hiring success rate by 50% by following these
interview tips:
1. Know the difference
between what you need and what you want. Make sure you understand
the skills - hard and soft - necessary to do the job.
2. Prioritize the skills according to absolutely required, important,
and nice-to-have.
3. Don't just "wing" the interview. Write a structured
interview question guide. The guide should include a minimum of
two to four behavioral interview questions for each core skill.
An automated online program like Interview Generator is easy to
use and cost-effective.
4. Ask open-ended questions that cannot be answered with "yes"
or "no." Open-ended questions allow the interviewer
to probe how an applicant thinks and solves problems.
5. Stay away from leading statements and follow-up questions.
For instance, let's say you are evaluating the applicant's ability
to cold call. Don't ask: "Do you like cold calling"
or "This job requires a lot of cold calling. Do you mind
doing that"?
6. Do ask probing questions that dig deeper. Then dig some more.
Follow the The Rule of 3's - You need to ask 3 questions to get
to "truth". Begin with "If we hire you, describe
how you will bring in new business." Whatever he or she answers,
follow with: "How has that worked for you in the past?".
But don't stop now. Then ask "Tell me about another way you
plan to bring in new business" or "What did you do when
your marketing efforts didn't work?"
7. Make sure applicants give job relevant information. A job applicant
has access to an endless stream of on-line interview tips.
Most applicants are well rehearsed for the interview and will
anticipate standard questions. Don't accept a standard response.
The interview is not a true-false test but an evaluation to see
if the candidate can actually do the job for you.
A successful interview
depends on more than the skill and experience of the interviewer.
To choose the right person from a pool of applicants, you must be
clear about the technical and interpersonal skill set required,
translate that knowledge into behavior-based questions, and probe
the answers.
The most accurate and final probe of a candidate's fit comes through
the use of personality testing. Combining targeted behavioral interview
questions with personality testing raises your hiring success rates
as high as 90%. With many online personality tests, you get the
best of both words - personality and pre-employment screening tools
like SELECT, FirstView, and TotalView to name just a few include
job-specific interview questions with each report. These newest
generation personality inventories bring balance and reliability
to an otherwise inherently subjective system of gut
instinct.
3. Best Practice
Tips and Resources
Best Practice Tips and Resources for Interviewing and Hiring High
Motivation Employees
CriteriaOne® Train-the-Trainer: Competency Identification, Personality
Testing and Behavioral Interviewing. Special Fee for The Total View
readers - save an $500 off our registration fee of $1595. Your fee
only $1095.
Learn to identify competencies, complete a job analysis and interpret
behavioral, values and personality assessments and build a behavioral
interview.
The next Train-the-Trainer
will be held from August 18-20, 2004 in Lancaster PA. Register early
and save $500. Register a 2nd person from your company at no additional
cost.
Register
online or call 717.656.4632.
Increase your hiring success by over 50% with behavioral interview
questions. Interview Generator is an easy to use database of
interview questions to assess an individual's competencies and behaviors.
Call or email for online pricing. CD pricing on the web.
Order your first Interview Guide and receive The
Manager's Guide to Interviewing and Hiring Top Performers (A
$9.95 value)
4. Perfect
Labor Storm Alerts #206 and 210
Like it or not, we are aging.
Fact #206: There are now 34 million Americans over
65.
Fact #207: There are now 1.5 million Americans
over 90.
Fact #208: There are roughly 300,000 Americans
over the age of 100.
Fact #209: There are now more people over 90 or
100 than in all of American history put together.
Fact #210: Currently there are 2.4 million deaths
in the U.S. annually. By 2040, that number will double. (Do you
see a shortage of funeral directors on the horizon?)
Source: American Demographics, June 2004
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 - $7.95 includes no shipping
costs for limited time only.
Get the forecast LIVE at your next meeting or conference. Now scheduling
2004-2005 keynotes - Ira Wolfe, What's Ahead In Hiring Trends or
Generations in the Workplace - You can't work with them, You can't
work without them.
5. New! Strategic
Leadership Type Indicator.(SLTi)
Help leaders understand their own leadership habits and learn how
they can respond more effectively in the future. The first part
of the SLTi is a self-assessment that gives leaders feedback about
their use of multiple leadership strategies. The second part guides
them in selecting the best strategic leadership style to use, and
the third part illustrates how leaders can develop their direct
reports using these strategies.
Each leader's Strategic
Leadership Type Indicator self-scoring workbook is only $25.
Strategic Leadership Facilitator's Guide - $497
Now forming for the fall! Strategic Leadership Academy - 5 days
of comprehensive training for current and future leaders. Includes
a certificate of completion in SPS Strategic Leadership, self assessments,
coaching, case studies, and 360 degree follow-up six months to one
year later. Strategic Leadership Academy is also available at your
company location.
Email for details.
6.New Audio Releases
For all you sleepy-heads who missed Ira Wolfe's interview at the
crack of dawn on July 11, you have another chance! We awaiting our
digital recording and will soon have it available on CD-Rom. Ira
was interviewed on Phildelphia Focus/Empower Half-Hour, a Philadelphia
public affairs program hosted by Lehronda Upshur. Lehondra interviewed
Ira Wolfe on The Perfect Labor Storm and how to motivate employees.
To order a copy of this 30 minute interview, click
here.
Other recent interviews:
The "Resu-mess"
on WHP-TV (Harrisburg, PA). View the interview with Sherry Christian
and Ira Wolfe.
Worker Shortages Loom Ahead. Jim Plummer, PA Radio (a Public
Radio affiliate), interview Ira on The Perfect Labor Storm.
In August, Ira wil be a interviewed on CN8. Watch for more details.
7. Summer 2004
Workshop and Speaking Schedule
Just announced! Ira will be a presenter at the 2005 International
Builders Show in Orlando, FL at the end of January. Watch for more
details.
August 18-20, 2004 - CriteriaOne Train-the-Trainer: How to Identify
Competencies and Use Assessments for Hiring, Promoting, and Managing
Performance. The Hampton Inn, Lancaster, PA. Call 717.656.4632 for
more information and to reserve your seat. Limit - 10.
September 1, 2004 - Ethical Shenanigans: How Susceptible Is Your
Business? Small Business Group Breakfast. To reserve your place,
call The Lancaster Chamber at 717.394.3531. Speaker: Ira S. Wolfe
September 13, 2004 - What is This Thing Called Emotional Intelligence
….And Why We Need It In The Workplace?" Sponsored by
Clemson University; Location - Harrisburg, PA. Speaker: Marilyn
Walker
September 27, 2004 –
Best Practices in Performance Consulting, Atlanta, GA. Sponsored
by International Quality and Productivity Center. Speaker: Ira S.
Wolfe. Ira will join leaders from Dell, Microsoft, HomeBanc, Harley-Davidson,Hewlett-Packard,
Putnam Investments, EDS, Synovus and Internal Revenue Service.
8. Are You Wasting
Too Much Time Sorting Through Unqualified Resumes?
Eliminate The Hassles and Headaches Associated With Screening Candidate
with Total APS.
The Total Applicant Processing System enables the small and medium
sized employer to do online recruiting and screen applicants with
customizable and scorable filtering questions with a click of the
mouse.
Use Total APS to recruit and screen applicants for your next job
opening. View more information about resume
screening by Total-APS.
9. Wondering if
you have the right people on your team?
Everyone wants to build the High
Motivation Employee Team. Do it with team building activities
packaged exclusively for small businesses and home businesses.
Contact Information:
Success Performance Solutions 2481 New Holland Pike, Suite 2, Lancaster,
PA 17601
email: tv@super-solutions.com
voice: 717.656.4632
web: http://www.super-solutions.com
To learn more about Success Performance Solutions or read back issues
of The Total View, stop by our website at www.super-solutions.com.
Order your personal copy of Understanding
Business Values and Motivators.
Order your personal copy of The
Perfect Labor Storm. at
Ira S. Wolfe. 2004 - All Rights Reserved. Reprints and other distribution
by permission only.
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