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Archive for May, 2006

Why Graduates Don’t Use Their Degrees

Wednesday, May 31st, 2006

Choosing the Right Career: Why Many Graduates Do Not Use Their Degrees by Arthur G. Schoeck

Ever wonder why some people get law degrees and never practice law? How about the CPA who tried it awhile before realizing she just had to try something else? There are many doctors who do not practice. Why?

Parental influence? Improper research? Not enough research and information? Erroneous assumptions? Lack of foresight? All of the above?

Though companies base 80% of their hiring decision on education (including skills and experience), 85% of turnover is due to BEHAVIORAL incompatibility. That is, the optimum behaviors for the position are too far removed from the comfortable behaviors the person prefers to exhibit. The occupational failures indicate these individuals did not realize what behaviors would have to be exhibited, or did not realize just how different those behaviors are from their own. Changing behaviors, which can only be a temporary adjustment, requires energy, causes stress, or can be very frustrating to the individual. All of this takes away from the job itself. They must first focus on change, then on those skills they learned for the job. It’s not that they cannot do it – they just don’t want to do it.

When the experts say 50% to 80% of the people are in the wrong job today, they are not talking about training or skills misplacement but about behavioral incompatibility. People have skills that can be applied to various fields in various industries. Whether education or experience is the teacher, skills mean little if they don’t like doing what it takes.

Understanding the difference between what we can do and what we want to do is of the utmost importance.

So many managers still can’t understand why the employees they know can do the work are just not getting it done. The problem is usually from one of two conditions. Either they really don’t know what behaviors the company is looking for, or if they do know, those behaviors are too far removed from the behaviors they prefer to exhibit. Though both are solvable, the latter is easier to prevent, and prevention is extremely beneficial to the bottom line.

An ounce of prevention… Today, there are several inexpensive assessments that help individuals identify their behavioral style and which positions (with Directory of Occupational Titles classifications) would generally be most compatible with that style. For the minutes it takes (30 or less) and the cost factor (usually under $100), it is inexcusable to spend years in training and education without first assessing.

(Arthur G. Schoeck, orig. pub. Competitive Edge Magazine)

Career Planning Insights Profile

Find the job that is behaviorally compatible with your natural preferences! Includes a personal behavioral style report, a description of the job and work environment that would best suit you, and a listing of O-Net jobs that are most compatible with your behavioral style (O-Net, or the Occupational Information Network, is the database used by the Department of Labor).

Sample Career Planning Insights Report

When you love what you do, you have more to give.

Talent Shortage Positions

Wednesday, May 31st, 2006

40% of Employers Worldwide Are Struggling to Find Qualified Job Candidates

According to a Manpower survey of nearly 33,000 employers across 23 countries and territories, 40 percent of employers worldwide are having difficulty filling positions due to the lack of suitable talent available in their markets.

The top 10 jobs that employers are having difficulty filling across the 23 countries and territories surveyed are (ranked in order):

  1. Sales Representatives
  2. Engineers
  3. Technicians (primarily production/operations, engineering and
    maintenance)
  4. Production Operators
  5. Skilled Manual Trades (primarily carpenters, welders and plumbers)
  6. IT Staff (primarily programmers/developers)
  7. Administrative Assistants/Personal Assistants
  8. Drivers
  9. Accountants
  10. Management/Executives

“In 10 years, we will see many businesses failing because they haven’t planned ahead for the talent shortage and are unable to find the people they need to run their businesses. This is not a cyclical trend, as we have seen in the past, this time the talent crunch is for real, and it’s going to last for decades.”

Recruit, Develop, and Retain Talent Now.

We Are Who We Are

Wednesday, May 10th, 2006

Here are some words you’ve probably never heard or said:

“You have got a great personality. You should be an accountant.” (or engineer or programmer or dentist or one of those other technical professions).

Based on this logic, great personalities must be reserved for salespeople, entertainers, motivational speakers. On the other hand, individuals with “zero personality” should be locked away in Dilbert-like cubicles far away from customers and clients and the rest of the world.

Okay, so we know we have great personalities and zero personalities and even the right personalities. There must be other personalities out there, too. If there is a great one, there must be the horrible counterpart. And if someone is a zero, where is the lucky person who has all the personality?

Each of you likely recognizes a boss, co-worker, friend or even a family member who fits each of these personalities. But are these descriptions accurate? If you’re not sure, just reflect back to that blind date with the “great personality” or the time you were accused of having the “problem personality”.

What does it mean anyway when people talk about personality?

Personality is typically defined as the unique bundle of motivations, attitudes and behaviors that make each of us who we are.

One individual’s bundle may be outgoing, creative, and excitable and another is reserved, organized, and calm.

But when the quiet speak and the assertive are tamed, do aliens suddenly take over their bodies to do these weird things?

Can people actually change their personalities so easily?

No, not really.

When you observe changes like these, you typically are observing behaviors.

Behaviors describe how individuals react to specific situations like problems, people, pace of environment and procedures.

People, when willing and able, can adapt and modify their behavior easily but can personalities be changed?

Overwhelmingly, the consensus is that personalities rarely change after adolescence and when change does happen it happens slowly.

For example: Your salesperson refuses to work your database and call prospects and clients. He has been “diagnosed” as having call reluctance. You invest thousands in training, provide coaching and phone scripts, and add sales incentives. Maybe, just maybe his behavior will change.

But will this change stick? Not likely. If it does, how long will it be until the core personality shows through again or the individual burns out?

When it comes to the workplace, behaviors are like the wrapping on the gift.

Sometimes the shape of the box and the design of the paper give hints to what is inside. Many times the gift inside turns out to be something totally unexpected.

What is happening as a result of many of today’s hiring and succession decisions is that managers are making decisions based on the “gift wrap”.

After the gift is unwrapped and the proverbial honeymoon is over, all that is left is what’s inside – the personality. And many managers are wishing they kept the receipts because they are now stuck with very expensive unwanted gifts.

Personality assessment is saving managers the enormous expense, heartache and embarrassment of hiring a “great personality” only to find out who they really hired was a “zero” or worse, the infamous “problem personality”.

Assessments are becoming widely accepted due to their usefulness in finding out who a person really is and how they will fit an environment, a team, or a job.

Assessment tools help separate the achievers from the do-ers, the risk-takers from the risk averse, the outgoing from the reserved, and the relaxed from the easily excitable. they help predict if an individual will adapt or even lead change, display leadership or sales ability, or benefit from coaching and development.

When looking to build an organization of people with the “right stuff”, think personality.

Breakthroughs in technologies and volumes of empirical research are beginning to crack the code for identifying and developing peak performers.

Contributions of Small Businesses

Friday, May 5th, 2006

The National Federation of Independent Business (the nation’s largest small-business advocacy group) has released some interesting statistics about the role of American small businesses:

America’s No. 1 job creator

  • 99.7% of all employer firms
  • 50% of all private sector employees
  • 60-80% of net new jobs annually over the last decade
  • 45% of total U.S. private payroll

Powerful Voice in Public Affairs/Politics

  • 95% of small-business owners are registered to vote
  • 84% usually do vote
  • 3% run for office

Steady Sector of the American Work Force

  • 46% of employers intend never to fully retire
  • 23% plan to retire at 65+ (Of those, 50% at 70 or older)
  • 60% of those intending to retire expect to phase-out gradually

Contributor to Local Community

  • 91% of small-business owners contributed in the last year through volunteering, in-kind contributions, and/or direct cash donations
  • About 41% contributed all three ways
  • The average value of contributions is $6,600 per small employer (including noncontributors!) – roughly $40 billion in total