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Actual for You - Seven Secrets to Getting the Perfect Employee
Communication And Flexibility Are The Best Pandemic Medicine to interview and select that candidate. Not to mention the time, costs and heartache of having to go through the whole recruitment and interview process again so soon!Companies can survive the massive disruption of a pandemic—but only if they take steps now to inoculate against the threat of contagious misinformation and fatal chain-of-command breakdowns.That warning comes from one of Canada’s most experienced disaster managers, who says even where a company has developed an emergency plan, few employees know about it, fewer are familiar with it, and nobody has tested it.“The most comprehensive plan isn’t worth the paper it’s written on if no one has read it,” says Steve Armstrong, who worked on incident command protocols during his decades with the Canadian military, and subsequently managed disaster responses for the Canadian Red Cross. Now the principal of Paratus Group, a disaster management consultancy, he advises organizations on creating and exercising emergency plans.“It’s common to draft a plan and then put it on a shelf in somebody’s office. Some organizations might put it on their Intranet. But there’s no incentive to read it, so nobody does—until a crisis starts.” At that stage, he says, it’s too late to comprehend the plan or troubleshoot its flaws. Worse—and this he knows fro It's important to understand the reasons people leave soon after starting a job. One of the main reasons is because the job described, and the actual expectations and work environment, do not match. Or the job might be clear, but the cultural environment is not a good fit for them: They may be looking for an environment where there is opportunity to move ahead or to get good bonuses with good productivity and output. Make sure you communicate your cultural environment and the long term opportunity, up front. Let them know what it's going to be like and what they can expect 12 months and two years from now. 7. Do you have clearly defined Key Performance Indicators? As the old business saying goes, ‘If you can measure it, you can improve it', so make sure you have measuring 'sticks' in place to monitor each aspect of the new employee's performance. Tracking relevant KPI's (key performance indicators) for your team is equally important for their own self-monitoring as it is for you to be able to tell if they're doing a good job. You also need to know if your team are delivering you profitable and productive results! Just for a minute, imagine playing a game of ten pin bowling with a big curtain blocking your view of the pins. That's how most people do their jobs, bowling the ball, but not knowing if they've hit anything. Rather than just yelling at them when they stuff things up, you will get a far better result and feedback when you provide them with meaningful data about their performance and results. Rememb CNBC's Business Of Innovation Attracting and retaining a high performing team is one of the biggest challenges many business owners face. There are a variety of reasons for this and one of the key factors is that the owner doesn't realise that there's much more involved in the process than just placing an ad and asking a few questions.CNBC's new show Business of Innovation is s show all business students should watch. It throws a window of clarity to business and innovation ideas that have been twisted over the years. Maria Bartiromo is very helpful with pulling out tips from the guests on the shows. These are areas she probably already knows, but she makes it easy for viewers to get the idea. Last weeks episode focussed on the fact that technology is not necessarily innovation, but understanding what problem you are trying to solve is key.I was mostly intrigued by the insights of ray kurzweil, The man is a genius He thinks like an innovator should. Reinforcing the point that its the mentality one has to cultivate than just constantly running after things that are supposed to be innovative. When you have the mentality, it comes automatically. The coverage of the virtual universe Second Life is also very interesting as the platform provides an avenue for young businesses and entrepreneurs to hone their skills for the real world and even make a fortune online. The idea of living a second life solves the problem of loneliness that the suburban lifestyle has created for most o Business Coach, David Guest from Action International wrote this valuable article which will help you in your quest for hiring the right people. "These days too many business owners are throwing their advertising dollar down the toilet using out-dated recruitment methods and using boring old ads. And, then they wonder why they're getting the wrong response! 1. Do you have a clearly defined job description for the role? One of the biggest mistakes business owners can make when looking for new staff, whether it's for the expansion of the business or because someone needs to be replaced, is that they don't actually have a clear and concise outline of what they want the employee to do and exactly how they expect it to be done! When you think about it, without this simple document, it's no wonder that both the employee and employer can be disappointed or become disillusioned: If there are no clear guidelines, it's that much harder to do the job correctly and to meet expectations. Most business owners don't have either the time, the expertise or perhaps even the realisation, that they need to develop this critical document way before they start advertising. Without a clear job description, what often happens is new people are employed, given a quick tour of the premises, introduced to a few key people and then left to their own devices, simply because everyone is too busy to train them properly! How can they live up to the expectations of the boss when they don't even know what those expectations are! Some business owners say “If only I could find someone like me!” Well ask yourself the question: Would you ever work for you? If the answer's a loud ‘No”, you may have an understanding of what some of the problem may be! So, working out what you expect of your new employee is half the battle, but don't leave it until after they start! Do it before you advertise. 2. Do you have lots of candidates to choose from? Putting the effort and money into advertising to just get 2 or 3 candidates is a common mistake. The problem with this is, if you have only 2 or 3 candidates to choose from, how do you know if you've picked a great candidate? And are you truly going to be satisfied with picking the best of a bad bunch? Is that the way to build a successful business? No way! You obviously need to see as many candidates as possible so you can get a good feel for who's out there and who can best fill the role. There are good candidates out there, and you need to use every resource available to get good people in front of you. Always use more than one form of advertising or ‘people finding' strategy when recruiting for new team members. 3. Why you should hire slow and fire fast. Most people in business tend to do it the other way around: they hire fast and fire slow. This is because the decision to bring on more staff is usually made under pressure. You know the situation, you're busting at the seams with work, your spouse says, “If you don't start spending time with me, I'm out of here”. Or your best person has just had a better offer (which should always give you food for thought), or suddenly they want a change of direction and you are left with a great hole in your operations with no-one left to fill it! So now the race is on to find someone to share the load and take up the reins where they were left. In your haste, you may be tempted to just take anyone with a pulse that even remotely looks like they might fit the bill. What then happens after several months, or even years of kidding yourself that they are getting better, is that you either live with this continual frustration or you decide that maybe it's you and not just them. You finally build up the courage to ask them to leave and their response is something like, “Yeah, I was wondering when you would say something”. So, it's important to always do your homework up front. Make sure you know exactly who you are looking for before you begin recruiting. Don't worry about losing candidates, rather, worry about how to get a good process going and how you're going to get lots of prospective candidates into that process. Then if the candidate doesn't work out, you can let them know early and start the process again. 4. Is there a compelling reason to want to work for you? Often overlooked is the process of making the job attractive to the right candidate. This would also include creating an environment that good employees feel that they could develop and grow, and contribute to something worthwhile. Most good people are looking for a more than just a job. They want something meaningful and inspiring. When a friend of mine was looking for a life partner, he was becoming very frustrated until someone said to him, “First you need to define exactly what she would look like and all her character traits”. So he got busy defining his perfect mate. Several weeks passed and still no result. In frustration, he came to me and said, “Well, I have the perfect partner defined in every way. Now what?” I said, “Imagine you're walking down the street, and coming towards you the other way is your perfect partner. The question you need to be asking yourself is, will she be attracted to you?!” You will need to put in some effort into creating a great environment and opportunity for your ideal candidate, to make sure they will be excited about the prospect of working for you and with you. 5. Do you use a systemised approach to choosing the best candidate? Don't trust in your innate abilities to choose the right candidate, as this usually only works if you are an expert recruiter, and it can be very easy to get it wrong. Recruitment is almost like a courtship: Everyone is putting on their best behaviour and face, and once the honeymoon is over, we get to work with the ‘real' personality. Instead, create a system of key activities and questions that will test your candidate's knowledge and their abilities. Systemise this process so you can deliver it consistently and accurately. That way you can actually compare candidates in an “apples to apples” comparison. 6. How do you communicate the values of your business? Do you know how much it costs the average business if they employ someone and that person leaves within 3 months? You'd be surprised and shocked I'm sure, to find the actual figure is around $30,000! Most people don't believe this figure until they start to count the down-time for training, lost productivity and opportunity costs, and the time taken to interview and select that candidate. Not to mention the time, costs and heartache of having to go through the whole recruitment and interview process again so soon! It's important to understand the reasons people leave soon after starting a job. One of the main reasons is because the job described, and the actual expectations and work environment, do not match. Or the job might be clear, but the cultural environment is not a good fit for them: They may be looking for an environment where there is opportunity to move ahead or to get good bonuses with good productivity and output. Make sure you communicate your cultural environment and the long term opportunity, up front. Let them know what it's going to be like and what they can expect 12 months and two years from now. 7. Do you have clearly defined Key Performance Indicators? As the old business saying goes, ‘If you can measure it, you can improve it', so make sure you have measuring 'sticks' in place to monitor each aspect of the new employee's performance. Tracking relevant KPI's (key performance indicators) for your team is equally important for their own self-monitoring as it is for you to be able to tell if they're doing a good job. You also need to know if your team are delivering you profitable and productive results! Just for a minute, imagine playing a game of ten pin bowling with a big curtain blocking your view of the pins. That's how most people do their jobs, bowling the ball, but not knowing if they've hit anything. Rather than just yelling at them when they stuff things up, you will get a far better result and feedback when you provide them with meaningful data about their performance and results. Remembe Wholesale Selling Success Secrets roperly!Building a wholesale business requires a deep understanding of underlying essence of the business.Wholesale is different than retail in the sense that the end customer is not the beneficiary of the wholesaler. The actual beneficiary is the reseller who gages his satisfaction by the profit he earns with the wholesale merchandise.The more he makes, the more he will buy from his wholesale supplier.By understanding this idea the wholesaler can build a successful business.The following steps will enable the wholesaler to build his wholesale business.Wholesale Selling Success Ingredient #1Focus on your customer’s bottom line. A wholesaler’s customer is interested in making money. The more money a wholesaler helps him make, the higher his loyalty will be towards the wholesaler.Wholesale Selling Success Ingredient #2Provide variety. A wholesaler’s customers are looking for variety. The resellers customers are attracted to his store or flea market booth by variety. In order to build a steady base of repeat customers the wholesaler should offer a good degree of variety.Wholesale Selling Success How can they live up to the expectations of the boss when they don't even know what those expectations are! Some business owners say “If only I could find someone like me!” Well ask yourself the question: Would you ever work for you? If the answer's a loud ‘No”, you may have an understanding of what some of the problem may be! So, working out what you expect of your new employee is half the battle, but don't leave it until after they start! Do it before you advertise. 2. Do you have lots of candidates to choose from? Putting the effort and money into advertising to just get 2 or 3 candidates is a common mistake. The problem with this is, if you have only 2 or 3 candidates to choose from, how do you know if you've picked a great candidate? And are you truly going to be satisfied with picking the best of a bad bunch? Is that the way to build a successful business? No way! You obviously need to see as many candidates as possible so you can get a good feel for who's out there and who can best fill the role. There are good candidates out there, and you need to use every resource available to get good people in front of you. Always use more than one form of advertising or ‘people finding' strategy when recruiting for new team members. 3. Why you should hire slow and fire fast. Most people in business tend to do it the other way around: they hire fast and fire slow. This is because the decision to bring on more staff is usually made under pressure. You know the situation, you're busting at the seams with work, your spouse says, “If you don't start spending time with me, I'm out of here”. Or your best person has just had a better offer (which should always give you food for thought), or suddenly they want a change of direction and you are left with a great hole in your operations with no-one left to fill it! So now the race is on to find someone to share the load and take up the reins where they were left. In your haste, you may be tempted to just take anyone with a pulse that even remotely looks like they might fit the bill. What then happens after several months, or even years of kidding yourself that they are getting better, is that you either live with this continual frustration or you decide that maybe it's you and not just them. You finally build up the courage to ask them to leave and their response is something like, “Yeah, I was wondering when you would say something”. So, it's important to always do your homework up front. Make sure you know exactly who you are looking for before you begin recruiting. Don't worry about losing candidates, rather, worry about how to get a good process going and how you're going to get lots of prospective candidates into that process. Then if the candidate doesn't work out, you can let them know early and start the process again. 4. Is there a compelling reason to want to work for you? Often overlooked is the process of making the job attractive to the right candidate. This would also include creating an environment that good employees feel that they could develop and grow, and contribute to something worthwhile. Most good people are looking for a more than just a job. They want something meaningful and inspiring. When a friend of mine was looking for a life partner, he was becoming very frustrated until someone said to him, “First you need to define exactly what she would look like and all her character traits”. So he got busy defining his perfect mate. Several weeks passed and still no result. In frustration, he came to me and said, “Well, I have the perfect partner defined in every way. Now what?” I said, “Imagine you're walking down the street, and coming towards you the other way is your perfect partner. The question you need to be asking yourself is, will she be attracted to you?!” You will need to put in some effort into creating a great environment and opportunity for your ideal candidate, to make sure they will be excited about the prospect of working for you and with you. 5. Do you use a systemised approach to choosing the best candidate? Don't trust in your innate abilities to choose the right candidate, as this usually only works if you are an expert recruiter, and it can be very easy to get it wrong. Recruitment is almost like a courtship: Everyone is putting on their best behaviour and face, and once the honeymoon is over, we get to work with the ‘real' personality. Instead, create a system of key activities and questions that will test your candidate's knowledge and their abilities. Systemise this process so you can deliver it consistently and accurately. That way you can actually compare candidates in an “apples to apples” comparison. 6. How do you communicate the values of your business? Do you know how much it costs the average business if they employ someone and that person leaves within 3 months? You'd be surprised and shocked I'm sure, to find the actual figure is around $30,000! Most people don't believe this figure until they start to count the down-time for training, lost productivity and opportunity costs, and the time taken to interview and select that candidate. Not to mention the time, costs and heartache of having to go through the whole recruitment and interview process again so soon! It's important to understand the reasons people leave soon after starting a job. One of the main reasons is because the job described, and the actual expectations and work environment, do not match. Or the job might be clear, but the cultural environment is not a good fit for them: They may be looking for an environment where there is opportunity to move ahead or to get good bonuses with good productivity and output. Make sure you communicate your cultural environment and the long term opportunity, up front. Let them know what it's going to be like and what they can expect 12 months and two years from now. 7. Do you have clearly defined Key Performance Indicators? As the old business saying goes, ‘If you can measure it, you can improve it', so make sure you have measuring 'sticks' in place to monitor each aspect of the new employee's performance. Tracking relevant KPI's (key performance indicators) for your team is equally important for their own self-monitoring as it is for you to be able to tell if they're doing a good job. You also need to know if your team are delivering you profitable and productive results! Just for a minute, imagine playing a game of ten pin bowling with a big curtain blocking your view of the pins. That's how most people do their jobs, bowling the ball, but not knowing if they've hit anything. Rather than just yelling at them when they stuff things up, you will get a far better result and feedback when you provide them with meaningful data about their performance and results. Rememb Belize International Business Companies e you food for thought), or suddenly they want a change of direction and you are left with a great hole in your operations with no-one left to fill it!Belize international business companies have many benefits and this article provides an overview of the most relevant and pertinent features. When it comes to the taxation of an offshore company incorporated in Belize there is really only one thing to know and that is an offshore IBC is exempt from all taxes and stamp duty! The names, identities and any information relating to the shareholders and directors of the company are 100% confidential; they never appear on any official document or record and as stated; if this isn't enough privacy for you then nominee directors and shareholders can be appointed. The names, identities and any information relating to the shareholders and directors of the company are 100% confidential; they never appear on any official document or record and as stated; if this isn't enough privacy for you then nominee directors and shareholders can be appointed. Shareholders and directors can be the same person or corporate entity, there is only one shareholder and director required, they do not need to reside locally in Belize and nominee shareholders and directors can be appointed.Other key features include the fact t So now the race is on to find someone to share the load and take up the reins where they were left. In your haste, you may be tempted to just take anyone with a pulse that even remotely looks like they might fit the bill. What then happens after several months, or even years of kidding yourself that they are getting better, is that you either live with this continual frustration or you decide that maybe it's you and not just them. You finally build up the courage to ask them to leave and their response is something like, “Yeah, I was wondering when you would say something”. So, it's important to always do your homework up front. Make sure you know exactly who you are looking for before you begin recruiting. Don't worry about losing candidates, rather, worry about how to get a good process going and how you're going to get lots of prospective candidates into that process. Then if the candidate doesn't work out, you can let them know early and start the process again. 4. Is there a compelling reason to want to work for you? Often overlooked is the process of making the job attractive to the right candidate. This would also include creating an environment that good employees feel that they could develop and grow, and contribute to something worthwhile. Most good people are looking for a more than just a job. They want something meaningful and inspiring. When a friend of mine was looking for a life partner, he was becoming very frustrated until someone said to him, “First you need to define exactly what she would look like and all her character traits”. So he got busy defining his perfect mate. Several weeks passed and still no result. In frustration, he came to me and said, “Well, I have the perfect partner defined in every way. Now what?” I said, “Imagine you're walking down the street, and coming towards you the other way is your perfect partner. The question you need to be asking yourself is, will she be attracted to you?!” You will need to put in some effort into creating a great environment and opportunity for your ideal candidate, to make sure they will be excited about the prospect of working for you and with you. 5. Do you use a systemised approach to choosing the best candidate? Don't trust in your innate abilities to choose the right candidate, as this usually only works if you are an expert recruiter, and it can be very easy to get it wrong. Recruitment is almost like a courtship: Everyone is putting on their best behaviour and face, and once the honeymoon is over, we get to work with the ‘real' personality. Instead, create a system of key activities and questions that will test your candidate's knowledge and their abilities. Systemise this process so you can deliver it consistently and accurately. That way you can actually compare candidates in an “apples to apples” comparison. 6. How do you communicate the values of your business? Do you know how much it costs the average business if they employ someone and that person leaves within 3 months? You'd be surprised and shocked I'm sure, to find the actual figure is around $30,000! Most people don't believe this figure until they start to count the down-time for training, lost productivity and opportunity costs, and the time taken to interview and select that candidate. Not to mention the time, costs and heartache of having to go through the whole recruitment and interview process again so soon! It's important to understand the reasons people leave soon after starting a job. One of the main reasons is because the job described, and the actual expectations and work environment, do not match. Or the job might be clear, but the cultural environment is not a good fit for them: They may be looking for an environment where there is opportunity to move ahead or to get good bonuses with good productivity and output. Make sure you communicate your cultural environment and the long term opportunity, up front. Let them know what it's going to be like and what they can expect 12 months and two years from now. 7. Do you have clearly defined Key Performance Indicators? As the old business saying goes, ‘If you can measure it, you can improve it', so make sure you have measuring 'sticks' in place to monitor each aspect of the new employee's performance. Tracking relevant KPI's (key performance indicators) for your team is equally important for their own self-monitoring as it is for you to be able to tell if they're doing a good job. You also need to know if your team are delivering you profitable and productive results! Just for a minute, imagine playing a game of ten pin bowling with a big curtain blocking your view of the pins. That's how most people do their jobs, bowling the ball, but not knowing if they've hit anything. Rather than just yelling at them when they stuff things up, you will get a far better result and feedback when you provide them with meaningful data about their performance and results. Rememb The Boss is the Boss, No Matter Where They Came From r character traits”. So he got busy defining his perfect mate.When you decide if your employer is a good fit, you may want to look deeper than the company name, you may want to "investigate the boss!"The importance of a good fit in your career is an understatement. As you put your career in the hands of your employer, you must know what you are stepping into before you begin. In this series of articles we will explore some of these issues:1. Should you put your career in anyone's hands but your own? 2. Is it better to be a big fish in a little pond or a little fish in a big pond? 3. Private company or public company? 4. Corporate Executive or Entrepreneur?The culture of an organization is many times created from the top down. For you to decide if a position is a good fit, it's important to understand the culture within an organization prior to accepting a position. The culture in many ways is influenced by the history of its leadership. An entrepreneur creates a completely different culture than his or her corporate executive counterpart. Let's see if we can understand these two personalities.What is an entrepreneur? You know, you see them all the time, the gu Several weeks passed and still no result. In frustration, he came to me and said, “Well, I have the perfect partner defined in every way. Now what?” I said, “Imagine you're walking down the street, and coming towards you the other way is your perfect partner. The question you need to be asking yourself is, will she be attracted to you?!” You will need to put in some effort into creating a great environment and opportunity for your ideal candidate, to make sure they will be excited about the prospect of working for you and with you. 5. Do you use a systemised approach to choosing the best candidate? Don't trust in your innate abilities to choose the right candidate, as this usually only works if you are an expert recruiter, and it can be very easy to get it wrong. Recruitment is almost like a courtship: Everyone is putting on their best behaviour and face, and once the honeymoon is over, we get to work with the ‘real' personality. Instead, create a system of key activities and questions that will test your candidate's knowledge and their abilities. Systemise this process so you can deliver it consistently and accurately. That way you can actually compare candidates in an “apples to apples” comparison. 6. How do you communicate the values of your business? Do you know how much it costs the average business if they employ someone and that person leaves within 3 months? You'd be surprised and shocked I'm sure, to find the actual figure is around $30,000! Most people don't believe this figure until they start to count the down-time for training, lost productivity and opportunity costs, and the time taken to interview and select that candidate. Not to mention the time, costs and heartache of having to go through the whole recruitment and interview process again so soon! It's important to understand the reasons people leave soon after starting a job. One of the main reasons is because the job described, and the actual expectations and work environment, do not match. Or the job might be clear, but the cultural environment is not a good fit for them: They may be looking for an environment where there is opportunity to move ahead or to get good bonuses with good productivity and output. Make sure you communicate your cultural environment and the long term opportunity, up front. Let them know what it's going to be like and what they can expect 12 months and two years from now. 7. Do you have clearly defined Key Performance Indicators? As the old business saying goes, ‘If you can measure it, you can improve it', so make sure you have measuring 'sticks' in place to monitor each aspect of the new employee's performance. Tracking relevant KPI's (key performance indicators) for your team is equally important for their own self-monitoring as it is for you to be able to tell if they're doing a good job. You also need to know if your team are delivering you profitable and productive results! Just for a minute, imagine playing a game of ten pin bowling with a big curtain blocking your view of the pins. That's how most people do their jobs, bowling the ball, but not knowing if they've hit anything. Rather than just yelling at them when they stuff things up, you will get a far better result and feedback when you provide them with meaningful data about their performance and results. Rememb Dynamics of Work Environment to interview and select that candidate. Not to mention the time, costs and heartache of having to go through the whole recruitment and interview process again so soon!The work environment is undergoing constant change, i.e. in factories, manufacturing units; production houses the work scenario and working condition is changing. Prolonged working hours, specialization of job profiles, technical complexities for jobs, increase in work pressure, etc are some of the major aspects of work environment that are undergoing changes. In the industrial set ups competition is growing by leaps and bounds. So the main concentration of employers is to increase production, maintain quality of the products yet make the long working hours more pleasant and safe in terms of accidents and fatigue for the employees. There are certain aspects of work environment which could exert positive effect on working capacity of the employee like better working atmosphere and certain which could exert negative influence on the employees like unhygienic working interiors.Hours of work and its effect on productionThe main problem in industries is the ratio of the total hours of work and the total production of the industry. It is a general belief that by increasing the work hour’s production would increase. But it is not important th It's important to understand the reasons people leave soon after starting a job. One of the main reasons is because the job described, and the actual expectations and work environment, do not match. Or the job might be clear, but the cultural environment is not a good fit for them: They may be looking for an environment where there is opportunity to move ahead or to get good bonuses with good productivity and output. Make sure you communicate your cultural environment and the long term opportunity, up front. Let them know what it's going to be like and what they can expect 12 months and two years from now. 7. Do you have clearly defined Key Performance Indicators? As the old business saying goes, ‘If you can measure it, you can improve it', so make sure you have measuring 'sticks' in place to monitor each aspect of the new employee's performance. Tracking relevant KPI's (key performance indicators) for your team is equally important for their own self-monitoring as it is for you to be able to tell if they're doing a good job. You also need to know if your team are delivering you profitable and productive results! Just for a minute, imagine playing a game of ten pin bowling with a big curtain blocking your view of the pins. That's how most people do their jobs, bowling the ball, but not knowing if they've hit anything. Rather than just yelling at them when they stuff things up, you will get a far better result and feedback when you provide them with meaningful data about their performance and results. Remember, if you can measure it you can improve it!" To find out more about implementing this recruitment process in your business email David Guest at davidguest@action-international.com or call 1300 728 466 now! THE FINAL WORD That's why having time to focus on this extremely important area is crucial. It's an ongoing process. Once you've successfully recruited you have to continue on with the training and development of your people so they are a valuable asset to your business and not a liability. Have a great week, Lorraine Pirihi
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