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The Total View
Welcome to the
March 16, 2005 issue of The Total View
Your resource for
cutting-edge news, tips, and tools to help you hire, manage,
and motivate top-performing employees.
If you are receiving
this issue as a forward, and want your own subscription, visit
http://www.chrysaliscorporation.com/cgi-bin/arp3/arp3-t.pl?l=11&c=10
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In This Issue
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1. An Apology
2. SPS Solves Sales Personality Puzzle.
3. Perfect Labor Storm Alerts #361 to #365.
4. How Can You Put Your Hiring Process on Auto Pilot?
5. Have You Tested Your Interviewing IQ Yet?
6. Screen Entry-Level Candidates Easily Without Breaking The
Bank.
7. Back By Popular Demand - 21 Reasons Why Performance Reviews
Fail.
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The Total View is written and published each Wednesday by
Ira S. Wolfe, founder of Success Performance Solutions. (Yes,
Ira writes every article, every week!) and is distributed
with permission by The Chrysalis Corporation.
Ira S. Wolfe 2005
- All Rights Reserved. Reprints and other distribution by
permission only.
To learn more about
The Chrysalis Corporation or to read back issues of The Total
View, visit our web site at http://www.chrysaliscorporation.com/cgi-bin/arp3/arp3-t.pl?l=12&c=10
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1. An Apology.
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Over the last couple
of weeks we experienced a problem with our email server while
sending out The Total View. We are aware that many of our
subscribers inadvertently received last week's newsletter
twice, while others did not receive it at all. That problem
has been corrected and we are truly sorry for any inconvenience
this may have caused.
As a reminder,
if you ever miss an issue of The Total View, you can always
read past issues on our web site by going here:
http://www.chrysaliscorporation.com/cgi-bin/arp3/arp3-t.pl?l=12&c=10
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2. SPS Solves Sales Personality Puzzle.
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What we call a
"sales personality" actually has five distinct components.
It's like a puzzle, each component representing a different
piece. The way these pieces fit together affects how well
a person can and will sell your product. Here are the personality
pieces: core personality, interests, cognitive ability, business
motivators, and behavioral style.
How do you know
which factors are most important for your business? That's
a question a $2 billion-plus service company put to Success
Performance Solutions. Management considered the search for
a sales staff capable of excelling in discrete markets its
primary challenge. This company operates in a competitive
market. A close second was the first-year high turnover rate.
SPS initiated a
benchmark study. First, we set performance standards so management
could objectively distinguish top performers and under-achievers.
The benchmarks, each derived from a combination of information,
started with performance criteria supplied by company managers.
We then gave them
these tasks: First, the sales manager completed a performance
rating sheet for each salesperson included in the study. Each
manager also completed a TotalView job description survey
that described the work environment. Finally both top- and
under-achieving representatives from the incumbent sales force
completed the TotalView assessment system.
One hundred and
ninety-nine salespeople completed TotalView assessments and
managers completed ratings for 157 of them. An independent
psychology consulting firm evaluated the results. A profile
for a top performing salesperson, based on the analysis of
manager's ratings, job descriptions and TotalView test results,
emerged. Here's what the company learned.
The entire sales
force rated high in these characteristics: independent, outgoing
and well-balanced. That means the company consistently recruited
and hired sales reps who are outgoing and driven people. Why
then, did the company suffer from high attrition and low performance?
Obviously, ambition coupled with an expressive personality
wasn't enough to cut the mustard in this business.
Applying benchmarks
to performance shed some light. Behavioral traits had a pronounced
effect on a sales reps' tally. Let's start with assertiveness.
Top performers ranked 7-9 on a 10 point scale, beating the
sales staff average of 6.74. These sales reps were more able
to speak up, to say what needed to be said, to ask the tough
questions, and to ask for the sale. The numbers soared when
rated in the "making benefits statements" and "gaining
agreement from the customer" categories. These top sales
reps show no reluctance when it comes to selling the service
and closing the sale.
The ratings for
top performers in the "outgoing personality" category
showed a similar distribution. Top sales reps scored between
6 and 10, bearing the overall average of 7.53. The correlation
was considerable when the propensity for outgoingness was
compared with their supervisor's rating for teamwork, too.
High ratings in
the 9 to 10 range on both the poised and relaxed scales were
important indicators for predicting poor performance. People
with high scores on these scales show exceptional work-life
balance and coping skills. They, however, may lack the sense
of urgency and the drive necessary to succeed in a fast-paced,
dynamic, time-sensitive environment. Even if they can succeed,
others perceive their calmness as non-chalance.
This is important.
The ability to cope with the ups and downs of sales is one
of the best predictive indicators for sales performance. Stability,
the stress coping scale in TotalView, is one of the most predictive
scales for success in management and sales positions. In several
studies, SPS clients discovered that over 50 percent of their
under-achievers scored in the 9 or 10 ranges in both the poised
and relaxed scales.
Top performers
scored between 6 and 8 on the emotional stable scale. What
this means is that any company whose business depends all
or in part on relationship-based sales wants a sales staff
that falls into the average "relaxed" range. These
folks show more sales initiative and rank higher with pre-call
planning and effectively lower sales barriers.
Those who scored
at the other extreme, in the 1-4 range, consistently had lower
performance ratings. Take a moment to mull over this finding.
Excitability and restlessness exhibited by people rated in
the 1 - 4 range can be mistakenly deemed desirable if these
traits are confused with enthusiasm and ambition. Think of
times you may have rewarded high energy sales reps with a
keen sense of urgency only to realize the net result was a
lot of activity and busy-ness that did not land contracts.
The lower stability
scores can indicate a propensity for a sales rep who is emotional.
In other words, this person may jump ship more quickly than
a more stable colleague. Simply put, when the going gets tough,
the not-so-tough get going.
All the top performers
show an above-average interest in working with people. Sales
reps with high scores in this category are thorough about
pre-call planning and follow-through.
Top performers
rate about average on the conscientiousness scale. Although
they have a slight preference for structure, these sales reps
are motivated by deadlines and time constraints. Right or
wrong, many markets demand sales people who can hit the ground
running with a minimum of training and supervision. If that
describes your business, you want a sales team who falls right
between the conventional and innovative traits, and who show
a slightly reactive tendency.
What's this thing
we call cognition? Simply speaking, cognition is the word
we use to gauge ability. High ability differs from the right
ability. Our benchmarks showed that top performers may not
have above-average general abilities. Many of the top performing
sales reps showed below-average ability when working with
numbers and average ability to works with words and shapes.
Sales reps with above average cognitive tend to get bored
quickly. If they are not promoted to more demanding and challenging
markets or positions, they will move on. Think about that
high and costly first-year attrition rate I mentioned earlier
Understanding how
to rate and use a person's general ability is critical to
making a sound hiring decision. Its importance warrants repeating
myself: Any company that hires people whose cognitive abilities
exceeds those required for the job wastes talent and results
in turnover and performance issues. Ironically, people with
lower cognitive abilities can become top performers, over
time, with training and experience. When an applicant has
a good personality fit and the right interests and motivations,
lower ability might not be a reason to move on to the next
person. With some time and preparation, a diamond in the rough
can sparkle. Of course, the company must be prepared to train
and groom this applicant.
To learn more about
online personality tests go here:
http://www.chrysaliscorporation.com/cgi-bin/arp3/arp3-t.pl?l=28&c=10
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3. Perfect Labor Storm Alerts #361 to #365.
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Fact #361: Half
of all Americans today say they are satisfied with their jobs,
down from nearly 60 percent in 1995. But among the 50 percent
who say they are content, only 14 percent say they are "very
satisfied." (Source: The Conference Board, 2005).
Fact #362: Job
satisfaction has declined across all income brackets in the
last nine years. While 55 percent of workers earning more
than $50,000 are satisfied with their jobs, only 14 percent
claim they are very satisfied. (Source: The Conference Board,
2005).
Fact #363: The
largest decline in overall job satisfaction, from 60.9% to
49.2%, occurred among workers 35-44. This is also the worker
group next in line for management and leadership positions.
(Source: The Conference Board, 2005).
Fact #364: The
second largest decline took place among workers aged 45-54,
with the satisfaction level dropping from 57.3% to 47.7%.
(Source: The Conference Board, 2005).
Fact #365: With
less than 47% of householders claiming to be satisfied with
their current job, workers in the Middle Atlantic and Mountain
states are the least satisfied workers in the U.S. (Source:
The Conference Board, 2005).
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. Get a copy today - $7.95 includes shipping. Follow
this link to learn more:
http://www.chrysaliscorporation.com/cgi-bin/arp3/arp3-t.pl?l=7&c=10
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4. How Can You Put Your Hiring Process on Auto Pilot?
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The Resu-mess is
back! If piles of resumes and crowded e-mail in-boxes have
got you frustrated, you NEED to preview Total APS in action.
What is Total APS?
It is an applicant tracking and assessment system that puts
your recruiting and selection efforts on auto pilot. Total
APS even provides you assess to the TotalView assessment (see
the first article in this newsletter).
Total APS frees
up your time to communicate with only QUALIFIED candidates
and helps you ensure a good job fit between a person and the
job. Total APS can save your company is to experience the
system in action. View our online7-minute, no-obligation video
demonstration of the Total APS system here:
http://www.chrysaliscorporation.com/cgi-bin/arp3/arp3-t.pl?l=26&c=10
Can't view it online?
Contact us today for a Free CD-ROM on How to Screen and Interview
Candidates Online. Follow this link and type APS in the comment
box:
http://www.chrysaliscorporation.com/cgi-bin/arp3/arp3-t.pl?l=18&c=10
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5. Have You Tested Your Interviewing IQ Yet?
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Interviewing is
still the most commonly used selection tool even though the
traditional interview is effective at identifying a top performer
as few as 1 in every 14 times. It's not always the fault or
due to the inexperience of the interviewer either. The laws
are complicated, time is always too short and the candidates
are a lot more savvy and have more time to prepare.
Test your interviewing
skills (see link below).
Take this test
and determine how well you know the ins and outs of effective
interviewing.
Don't hesitate
to forward this test to your manager or boss. We won't tell
where it came from! Follow this link to test your Interviewing
IQ:
http://www.chrysaliscorporation.com/cgi-bin/arp3/arp3-t.pl?l=10&c=10
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6. Screen Entry-Level Candidates Easily Without Breaking The
Bank.
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FirstView Job Fit
Indicator is the newest generation of pre-employment personality
tests which includes an optional cognitive section. FirstView
requires only 15 minutes to complete and reports are available
immediately. FirstView is the perfect solution to screen large
candidate groups for 15 entry level positions in retail sales,
hospitality, persuasive sales, administrative positions, drivers,
IT positions, telemarketing, customer service, drivers, health
care and more.
Each report includes
job specific interview questions. FirstView evaluates a candidate's
preferences in the following areas:
--Rules - consistency,
ability to deal with change, need for structure, ability to
follow rules and policies
--Extroversion - need to work with others, communication of
enthusiasm, ability to talk or listen
--Assertiveness - decision making, selling and closing abilities,
ability to handle confrontation, willingness to take direction
from others
--Teaming - teamwork, collaboration with others, competitiveness
--Sensitivity - emotional stability, handling of criticism
and feedback, dealing with stress
--Organization - planning, spontaneity, time management attitudes,
ability to handle details
--Social Desirability - an internal validity scale to determine
if the candidate is being frank with their answers
--Cognitive Ability - an overall aggregate measure of cognitive
skills
To learn more about
FirstView and to view sample reports, follow this link:
http://www.chrysaliscorporation.com/cgi-bin/arp3/arp3-t.pl?l=5&c=10
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7. Back By Popular Demand - 21 Reasons Why Performance Reviews
Fail.
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Recently many of
you e-mailed us saying how helpful the information about performance
reviews was. Incase you may have missed this information in
a previous newsletter, we've included the information again
for your convenience.
You are welcome
to forward this article to managers, and anyone else, in your
organization who may be responsible for conducting performance
reviews.
1. The reviewer
and employee have a personal friendship outside of work and
both individuals can't differentiate their manager-employee
role from their friend-friend relationship.
2. The reviewer
and the employee see themselves as part of a team. Team members
are supposed to encourage one another, be supportive in good
and bad times. But when the manager has to provide negative
feedback or discipline the employee, these actions are viewed
as divisive.
3. When not provided
regularly, annual (or even less periodic) reviews can be based
on most recent performance, not performance over the course
of the year. The results go both ways. Employees who put on
their best behavior around review time get favorable ratings
and the employee who has a bad couple of weeks gets punished.
Source: Ira S.
Wolfe.
To read the remaining
18 reasons, follow this:
http://www.chrysaliscorporation.com/cgi-bin/arp3/arp3-t.pl?l=22&c=10
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Contact Information:
The Chrysalis
Corporation
2001 Hammock Drive
Valdosta, GA 31602
229-257-0665