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The Total View
Facts, tips, and tools to help you hire, manage, and motivate top-performing employees.
March 31, 2004
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in this issue
-- Discouraged
by Interviewing The Wrong Candidates?
-- Study Reveals Performance Management Grows Net Income
756%
-- Perfect Labor Storm Alerts #106 to #110
-- What Is It That Employees Really Value?
-- 21 Reasons Why Performance Reviews Fail
-- Have you ever avoided an employee's review and hoped
they would quit first?
-- How Often Do You Find Yourself Saying, "What Questions
Should I Ask During An Interview?"
-- Just the facts: The Kings of Cards
Greetings:
Are you
a small to medium size business that is wasting too much time
on reviewing resumes of candidates who end up being unqualified
for the job? Imagine the time and money that you can save
if you were able to automate the employee application and
pre-screening process. Be sure to check out Total APS(tm)
described in this issue.
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 ©2004 - 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 website at www.chrys aliscor poration.com
Discouraged by Interviewing The Wrong
Candidates?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Wasting
Valuable Time Sorting Through Resumes?
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candidates. All you need to do is log into your account, check
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contact only those candidates who "pass" your screening filters.
You can
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CBI,
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dependability and tendencies toward aggressiveness and sexual
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Follow
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managers time and money. Then contact us for an online demonstration
of the system.
Study
Reveals Performance Management Grows Net Income 756%
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As recently
as 1982, sixty-two percent of the value of an organization
was measured by its tangible assets. By 2002, nearly eighty
percent of its value shifted to intangible assets, Yes the
human capital of any organization now accounts for eighty
percent of its values.
Maybe
that is why smart organizations seem to be interested in
optimizing the way these precious assets are managed. Establishing
an effective performance management system is an organization's
way of doing just that.
In an
11-year study that included more than 200 companies from
22 industries, the financial and operational performance
measure of companies who "lived" performance management
and those organizations who did not were compared. The economic
impact was enough to give any executive chills up and down
their spine - or just want to throw up his/her hands and
cry.
The
revenue growth for organizations with performance enhancing
culture was 682%; for those without, these organizations
grew by 166%.
While
many organizations might be happy with 166% growth. You'll
probably want to read more. When you take a look at the
bottom line of these two groups, the net income growth (the
bottom line) of the performance enhancing organizations
grew by 756% while their counterparts grew by a measly 1%!
Just
last week, we hosted front-line supervisors from four local
businesses. Each of these businesses "sent" several front-line
supervisors to "learn to be learn some people skills". This
particular session focused on Appraising People and Performance.
Not
surprisingly, no one in the group raised their hands when
we asked," how many people look forward to performance reviews?"
When asked why, we heard that performance reviews could
end up being confrontational or they had too many people
to review and not enough time. Not a single participant
had ever been trained how to evaluate an employee and they
"didn't know what to say or do".
With
only two exceptions, these same supervisors who were being
"trained" on how to evaluate performance, are not being
evaluated themselves. We asked them how that made them feel.
Here is what we heard:
"It gives
us a false sense of security that we are doing okay."
"I feel
like my manager is just collecting everything I do wrong in
a personal diary and is just waiting to unload on me one day."
"I have
no motivation to improve."
One of the supervisors who was fortunate
enough to be reviewed was told, "Last year we focused on
what was right. This year we are going to focus on what
you need to change." Another supervisor asked his manager
about scheduling a review and was told, "Don't worry about
the review. You're doing a good job and I'll put your raise
through."
To be
effective on the job, all employees need to know what they
are expected to do. Performance management includes the
process of identifying employees' goals, merging them with
the organization's goals and setting performance standards.
And
yet you can ask any manager what he hates most about his
or her job and you'll likely hear "performance reviews".
For many reasons, these periodic evaluations have been done
poorly if at all in the past but that practice has got to
stop.
I've
collected from front-line supervisors and managers over
the course of the past few weeks 21 Reasons (or Excuses)
Why Performance Reviews Fail. Read the list further down
in this newsletter - how many have you heard the reasons
listed below, or even maybe said cited them yourself? Now
ask yourself, "what am I going to do to change the way I
supervise and manage by employees in the future.
I've
said this before before - and it is a good time to repeat
it. "Employees have feet and feet are made for walking."
It makes
good economic sense to take care of your employees and that
starts with ongoing feedback and performance management.
Performance
Management starts with Competency ID - The next CriteriaOne:
Competency ID Train-the-Trainer starts April 21-23, 2004.
Follow this link to learn more.
Perfect Labor Storm Alerts #106 to #110
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Fact
#106
99% of
all workers perform some reading-related work each day; to
keep pace on the job they 113 minutes a day.
Fact #107
50% of
the U.S. population, ages 16-65, are functionally illiterate.
Fact #108
52% of
high school graduates lack the basic skills required to do
their jobs adequately; only 25% are considered to have excellent
skills.
Fact #109
The U.S.
ranks among 156 countries in literacy.
Fact
#110
The estimated
yearly cost of illiteracy due to non- productivity, crime
and loss of tax revenue is $225 billion.
Source: Adult Literacy Survey
Order
your copy of The Perfect Labor Storm Fact Book today!
What Is It That Employees Really Value?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
6 Proven
Motivators are revealed in Understanding Business and Values.
Order
your copy of "Understanding Business Values and Motivators".
(Yes, Understanding Business Values and Motivators is finally
here.)
Understanding
Business Values and Motivators is an introduction to understanding
the six business values and motivators that drives human
performance. In this book, Ira Wolfe describes how each
of the motivators affects peoples' behavior in the workplace
and how managers can tap into those motivators to increase
productivity and improve performance.
Order
your copy today - only $12.95. Want a copy of all your managers
- call us for volume discounts.
Attention
Consultants - call us about affiliate and re-seller programs.
Preview
Understanding Business Values and Motivators today. To view
a sample chapter online, follow this link.
21
Reasons Why Performance Reviews Fail
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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.
4. Performance
reviews are only scheduled when an employee is not performing
up to expectations or a company needs to terminate/lay-off
the employee.
5. "You
know nobody's perfect and there is always room for improvement."
The manager doesn't believe in rewarding an employee with
a "10" (out of 10) even when he/she deserves it. Some employers
actually use a rating scale of 1 to 9 because no employee
deserves a 10 in their minds.
To read
more, follow the link below.
Source:
Ira S. Wolfe.
To
read the rest of 21 Reasons Why Performance Reviews Fail,
follow this link.
Have you ever avoided an employee's
review and hoped they would quit first?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Or have
you ever -
Put off
giving employee evaluations to the last minute (or completely
avoided them entirely).
Promoted
an employee into a position for which he or she wasn't qualified.
Paid
out a bonus to an employee who didn't deserve it.
Postponed
terminating an under-performing or disruptive employee because
you lacked adequate documentation of incidents and performance
failures.
Then Pathfinder, the Integrated Performance
System may be for you. What are the benefits of Pathfinder?
Links
individual employee productivity to strategic goals and business
profitability.
Pays
for performance not tenure.
Takes
the hassle out of employee evaluations.
Holds
employees accountable for meeting individual goals and personal
development.
Gives
managers the ability to track employee performance 24/7 from
any location.
To
learn more about the Pathfinder, follow this link. Type
"Pathfinder" in the comment box and we will set up on online
demo with you.
How
Often Do You Find Yourself Saying, "What Questions Should
I Ask During An Interview?"
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Ask
no more with Interview Generator(r). Interviewers need to
know what to look for in a candidate's response. Online
Interview Generator(r) pairs specific "target behaviors"
to over 60 competency based interview questions.
Online
Interview Generator(r) (IG) allows users to create company
and job specific customized behavioral interview guides
in minutes. Satisfied IG users include hiring managers,
employers, human resources professionals, and consultants.
As an
IG user, you can choose an already developed interview guide
from our Job Library of over 40 standard job titles (from
Administrative Assistant to COO), then quickly and easily
edit to fit your open job. Or, you can choose to design
your own interview guide from "scratch" using our extensive
database of 65 competencies, and over 1,500 different target
behaviors (interview "answers"), and corresponding interview
questions.
IG is
extremely versatile and flexible - it can be used for selection
in every industry, business and organizational environment.
IG is inexpensive and cost- effective; clients can purchase
interview units separately, or through a site license.
Interested
in a no-obligation online demo? Email us to Schedule a Virtual Tour Of Interview Generator. Ask about Performance
(Review) Facilitator, too. In the comments box, type "Interview
Generator".
View
a sample Interview Guide created with Interview Generator.
Just the facts: The Kings of Cards
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Each
king in a deck of playing cards represents a great king
from history.
Spades
- King David
Clubs
- Alexander the Great
Hearts
- Charlemagne
Diamonds
- Julius Caesar.
Contact Information
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email: mike@chrysaliscorporation.com
voice: 229-257-0665
web: http://www.chrysaliscorporation.com
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