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July 02, 2009

This Week's Featured Possibility Maximizer: Tom Foster's Management Skills Blog

Every week I like to feature a resource that will help you to Maximize Possibility in your organization and your life at work.  This week I would like to share with you a blog that I have enjoyed following since I dove into the HR and Talent Management blogging world.

The Resource:  Tom Foster's Management Skills Blog 

What it Covers: Tom's blog draws heavily from his consulting practice and life experiences to share insightful and demonstrative stories for managers to learn from to improve their skills.  Tom covers a wide range of management topics in his blog including, but not limited to: team building, time management, setting and achieving organizational goals, performance management, employee coaching, and leadership development. 

Why You Should Check it Out: My favorite thing about Tom's blog is the unique and brilliant way that he structures his posts.  Tom shares his management insights through a series of short anecdotal post that provide a glimpse into the real life inner-workings of organizations from a variety of industries. 

Each collection of posts is typically centered around a particular problem or opportunity that one of Tom's clients is facing at the moment.  As the story progresses Tom works with his clients to help them see the situation in a different light and ultimately leads them to the all-important "Eureka!" moment. 

As you follow Tom's conversational posts, you will begin to notice that the way you look at the tasks and challenges you encounter in your position slowly changes as you draw on the insights revealed from Tom's stories.  It's hard to ask for much more from a management blog. 

I also love that Tom's post are short and very easy to read.  Tom also has a great way of leaving you "hanging" and wanting to read the rest of his story.  Thankfully he never leaves us hanging too long as he posts to his blog nearly every day - something that I, as a fellow talent management blogger, can really admire and respect. 

If you haven't checked out the Management Skills Blog - check it out today - I am confident you won't be disappointed!

 

June 29, 2009

The Rainmaker 'Fab Five' Blog Picks of the Week

With all the great posts hitting the Blogosphere this past week on the topics of leadership development, talent management, and human resource management, I would like to point you to five blog posts that I consider to be the best of the best for the week of June 22nd to June 28th.


Tyler Cowen, Fast Company: One Lesson From the Crisis: It's Time to Create Your Own Economy - Fast Company columnists Tyler Cowen wants you to learn a lesson from the current economic crisis.  Cowen suggests you rethink the traditional economic definition of personal production and start to create your own economy online through the various social media and networking tools available to you.

Steve Roesler, All Things Workplace: Performance Tip: Recognize the Talent You've Got - Steve has a great post up encouraging you to start walking your employee development talk.  One place to start, Steve suggests, is with words of encouragement recognizing the small everyday accomplishments and success of your employees.

Deb Own, 8 Hours and a Lunch: Stopping a Victim Mentality (Taking Responsibility for Your Life) - Deb has a fantastic post up about stopping your victim thinking mindset and taking responsibility for the events in your life.  She provides some great tips for recognizing this dangerous mindset and what you can do to overcome it.

Wayne Turmel, Cranky Middle Manager: Cranky Middle Manager Show #197 with Dan Bobinski - Wayne over at the Cranky Middle Manager Show has a great interview with one of my favorite bloggers, Dan Bobinski, where they discuss "passion driven teams, motivation, and the war of 1812" among other interesting topics.

Ann Bares, Compensation Force: Salary Freezes and Reductions... Is the End in Sight? - Compensation pro Ann Bares points us to (and synthesizes) an nice piece of research from Watson Wyatt on the current trends in the employment market towards salary freezes, pay reductions, and merit pay increases.  

June 25, 2009

This Weeks Possibility Maximizer: My Daily Insights Motivational Quotes

Every week I like to feature a resource that will help you to Maximize Possibility in your organization and your life at work.  This week I would like to highlight a motivational email newsletter that helps me get each day off to a great start.

The Resource:  My Daily Insights Motivational Quotes

What it is: My Daily Insights is a daily newsletter that delivers an inspiring and motivational quote to your email inbox each morning of the business week.  As a special treat, every Friday a moving story submitted by a subscriber is featured, which adds a nice element of variety to the newsletter. 

Why You Should Subscribe:  I really love this newsletter because each morning when I open up my inbox I am greeted by a motivational email to get my day off on the right foot.   Some days I get the feeling that the newsletter was written just for me as the words of encouragement are exactly what I needed to embark on Maximizing Possibility that day. 

As a talent management consultant and leadership coach I also find great value in My Daily Insights as it is an easy, free tool I can share with my Clients to help them jumpstart their day.  I also appreciate that for a free resource there is very little promotion included in the newsletters.  The only promotion you will receive from My Daily Insights is a weekly offer for a motivation resource that is generally of a high quality and topically relevant. 

If you'd like to get a shot of motivation each morning when you get to work, I highly recommend subscribing to My Daily Insights.  If you'd like to subscribe you can join my distribution list here.

Now Go Maximize Possibility!

 

 

June 21, 2009

The Rainmaker 'Fab Five' Blog Picks of the Week

There were a lot of great posts hitting the Blogosphere this past week on the topics of leadership development, talent management, and human resource management, I would like to point you to five blog posts and a bonus blog post series that I consider to be the best of the best for the week of June 15th to June 21st. 

Alison Green, Ask a Manager: How the Recession has Changed Hiring for Employers - Alison gives us a first hand account of how the recession has changed the hiring landscape for employers.  With this in mind, Green shares her advice for landing a job in this recession. 

Carmine Coyote, Slow Leadership: Crucial Conversations - Carmine highlights a powerful book -Crucial Conversations - on how to handle those "tough, day-to-day interactions with people in which the stakes are high," and "conflicting viewpoints and emotions run deep and strong".  Carmine goes on to share a great survey to evaluate your communication style during stressful situations.

Dan McCarthy, Great Leadership: The State of the Coaching Industry - Dan McCarthy has posted a very nice summary of a recent Harvard Business Review survey of the somewhat mysterious executive coaching industry.  Dan's review is a great read - even if you have never worked directly with management or leadership coaching.

Amy Nutt, The Recruiters Lounge: Improving Employee Retention Before and After Downsizing - With all the media headlines on corporate layoffs and the dismal labor market, it is easy to forget that employee retention is still a strategically important talent management issue - especially if your organization has recently went through layoffs.  Amy Nutt shares a nice set of tips for improving employee retention before and after downsizing.

Tim Sanders, Sanders Says: Don't Use Email to Give Bad News or Criticize - Tim Sanders shares rule # 1 from his "Dirty Dozen Rules of Email Etiquette" training program: don't use email to give bad news or to criticize others.  Tim's video commentary is a great reminder of the high propensity email has for confusion and misinterpretation - especially when dealing with touchy and sensitive topics.

June 18, 2009

This Week's Featured Possibility Maximizer: Dan Schwabel's Personal Branding Blog

Every week I like to feature a resource that will help you to Maximize Possibility in your organization and your life at work.  This week I would like to highlight one of my favorite blogs on one of my favorite subjects: Personal Branding.

The Resource: Dan Schwabel's Personal Branding Blog

What it Covers:  Naturally Dan's blog is focused on personal branding.  However in the process of exploring all the various facets of personal branding, Dan also posts compelling content on a range of interesting topics such as social media, marketing, professional networking, interpersonal communication, finding a job, and exceeding at work just to name a few. 

Why You Should Check it Out:  Ever since reading Tom Peters' breakout book on the topic - The Brand You 50 - I've been fascinated with the idea of personal branding and the powerful impact it can have on one's life.  Not surprising I quickly found myself to be an avid follower of Dan's blog. 

Dan is a real student of personal branding and, I would dare say, one of the leading experts on the topic.  One thing I really like about Dan's blog is the way incorporates a wide variety of social and multi-media platforms such as Youtube, Twitter, audio interviews, blog posts, and interactive polls to explore and comment on the many aspects of personal branding.  You'll also find a nice collection of posts from contributing bloggers and authors on the Personal Branding Blog that do a nice job of incorporating diverse thoughts and opinions and sparking online dialogue. 

If it has to do with personal branding, you are likely to find what you are looking for at Dan's blog.  Come to think of it... Dan's personal branding "hub" has so much to offer on the topic, it's probably best if you just head over and check it out for yourself!

Content you will Enjoy:

Personal Branding TV

Personal Branding Magazine

Personal Brand Awards

Dan's Personal Branding Book: Me 2.0

 

The Three Laws of Performance - Book Review

You need this book.

In January of this year, I went through a powerful program called Landmark Education.  Landmark was the beginning of my transformation

While at Landmark, I realized that nothing I was learning in the transformation was really new.  I already knew this stuff.  Some of it I had been applying in my own life as well as with my Clients.  What I found is that I had some "ruts" that shaped my mindset to repeat some of the things that were happening in my life - again and again.  I created those mindsets.  I had a habit of allowing some things to get in my own way - repeatedly. 

Notice I am putting the past behind me!  Three laws of performance

What things were getting in my way?  Things like...  My past.  My perceptions - my mindset.  My fears.  Whether I realized it or not, I was holding myself back through the stories I told myself. 

For over a decade, I have been fascinated with how people do what they do and how well they do it. 

I learned about something else at Landmark.  I learned about the powerful new book called, "The Three Laws of Performance - Rewriting the Future of Your Organization and Your Life" by Steve Zaffron and Dave Logan. 

The Three Laws of Performance are:

  1. How people perform correlates to how situations occur to them.

  2. How a situation occurs arises in language.

  3. Future-based language transforms how situations occur to people.

We all have our viewpoints or mindsets.

  • How the world occurs to me is a direct function of the language I use and how I view the world around me. 

  • My view is different than everyone else's view.

  • My view can sometimes get me away from what I really want.

Are you and your team getting what you really want?

I predict you will get this book and read and listen to it multiple times.  I have and will.  I strongly suggest that you invest in the book and get the The Three Laws of Performance audio version.  Read and listen to it at the same time.  Again and again.

Two reasons why you need this book.

  1. The thoughts and stories you have create your future.

  2. The thoughts and stories your organization has creates the future for your organization.

The future is for you to create.  Create it.

Check out the Three Laws of Performance website and register to receive their Free Guide to Elevating Performance.


June 16, 2009

"You got a lotta nerve..."

There are things we say to one another that have that meaning - that impact that never goes away.  The kind of meaning is personal but never forgotten.You have a lot of nerve

I am an avid Esquire magazine reader.  I admit it.  I love the magazine.  Have for years.  I am also a huge Christopher Walken fan.  The man is a genius.  I would love to have him as a neighbor.  

In the June issue of Esquire, Christopher Walken shares what he has learned.  In his own words...

"When I was a kid, there was someone in my family, an adult, and whenever I saw them, they would say, "You got a lotta nerve." From the time I was a little kid, it was always like, "Heh, heh, heh — you got a lotta nerve." I always thought, What does that mean? But then when I got older, I thought that it was an instruction. If you tell a kid something, it sticks. I think I do have a lot of nerve. But, I mean, I think I maybe got it from that person who said it to me."

Sometimes I need to be reminded that I choose my life.  It takes "nerve" to color outside the line.

Oh...  And Christopher and I share the same sentiments on golf...

Now Go Maximize Possibility

Employee Performance Accountability - Do Your Employees Know What Is Expected of Them?

Do your employee team members know what is expected of them day-to-day in order to create success?  Or are your employee team members doing only what they think needs to be done?

Chances are they do and they do not know what is expected of them.  They likely know about the tactical tasks that need to be completed, but may not be completing and thinking about the strategic tasks.

One can increase the potential for employee performance maximization.  Employee performance Employee performance seems to be a bit of a mystery, but it really should not be. 

Following are five critical elements that are key to the success of any employees's future Job Performance.  They include:

  1. Benchmark the Job and Match the Best Possible Talent to the Position.  When you put the right employee team member in the right seat on the "bus", they are more likely to know what they need to be doing without being told.

  2. Employee Job Expectations - Ensure the employee team member knows what is expected of them.  Do not assume the employee team member knows what they need to be doing.  Review job and performance expectations regularly.  Annual performance evaluations are not adequate by themselves.  Weekly to at least once monthly one-on-ones are necessary to ensure the employee team member is on the right track as much as possible.

  3. Employee Performance Accountability - Hold the employee team member accountable for meeting and exceed Job Expectations.

  4. Employee Coaching - Coach for improved performance.

  5. Talent Management - Succession Plan - Understand what the employee team member is capable of and build their skills for future talent needs.

One of the best ways to ensure the employee team member knows what is expected of them is to create an employee performance score card.  Through employee performance score carding, employee team members will have a daily and weekly way to ensure they are on the right track. 

The most effective and simplest employee score card is a weekly reporting of what was accomplished, key projects, key concerns, and what will be addressed in the next week and month.  Every employee team member - regardless of position should be submitting a weekly report to a manager.

What gets measured improves.Employee performance scorecarding

One might argue, "Checking up on an employee team member's tasks is low trust."  I respectfully disagree.  If you and the employee team member are truly interested in maximizing performance and their future - it is critical that you and your employee team member are ALWAYS on the same page.

Now go Maximize Possibility!

Other blog posts you may be interested in:

Chris Young helps organizations Maximize Possibility through talent management, cultural transformation, and strategic intervention.  Bring Chris in today!

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Copyright 2009, Chris Young - The Rainmaker Group, Inc. 

June 14, 2009

The Rainmaker 'Fab Five' Blog Picks of the Week

There were a lot of great posts that hit the Blogosphere this past week on the topics of leadership development, talent management, and human resource management.  I would like to point you to five blog posts that I consider to be the best of the best for the week of June 8th to June 14th, 2009.  

Steve Yastrow, Tom Peters! Blog: Be Irreplaceable - Do you want to provide the highest level of customer experience possible?  Steve Yastrow has some short but powerful advice: be irreplaceable to your customers and they'll come back time and time again.

Paul Hebert, Incentive Intelligence: Social Media will Change Incentive Programs if Companies Allow it - Paul Hebert has a thought provoking post on the role social media can play in an organization's reward and incentive programs.  If, like me, you had not thought of how social media and social networking tools can play an important role in your organization's motivation and incentive programs, Paul's post has some excellent food for thought in this must-read post. 

Chris Ferdinandi, Fistful of Talent: Who Owns Employee Development?- Guest blogger at FOT - Chris Ferdinandi  - opens up a long standing debate in the talent management world about who "owns" the employee development process.  Chris is wondering if it is the employee's responsibility to initiative the development of their skills or the employee's manager.  Check it out and see what you think.

Jon Hyman, Ohio Employer's Law Blog: Drafting a Social Networking Policy? 7 Considerations - The exponential rise in popularity of social networking and social media tools has left employers with little choice but to address the issue of how to handle the use of these tools by employees in the workplace.  While Jon feels that a good social networking policy can be articulated in less than 10 words, he offers up 7 points of consideration to keep in mind when addressing the use of social media tools in the workplace.

Ruth Sias, Brilliant Leadership: 10 Principles of Law of Attraction for Leaders- I am a real fan of the Law of Attraction and think it has powerful implications for each of lives, so naturally this post caught my eye.  Ruth Sias wants us to start thinking about the Law of Attraction and the implications it has for leaders and managers in the workplace.  Follow Ruth's 10 principles and you might just find your "leadership stock" enjoying a nice increase in value within your organization and among your direct reports.

 

 

 

June 12, 2009

This Week's Featured Possibility Maximizer: Google Reader

Every week I like to feature a resource that will help you to Maximize Possibility in your organization and your life at work.  This week I would like to share a blog aggregator that I am confident will save you considerable time and effort in following your favorite blogs.

The Resource:  Google Reader

What it is: Google Reader is a blog aggregator that automatically collects and organizes new posts from your favorite bloggers.  Google reader allows you to manage all your RSS subscriptions in one place with a user friendly interface that makes blog reading a breeze. 

Why you Need to Check it Out:  Google reader saves me several hours of time each week.  This is no exaggeration. 

Before I stumbled upon Google Reader I would go from blog site to blog site to see if my favorite bloggers had posted any new content in the past couple of days.  With so many great leadership, talent management, and HR bloggers out there, this  became quite a tedious task.  Now with Google Reader I can access all my favorite bloggers in one convenient place and no longer have to worry about missing a post from any of the bloggers I follow.

Google's blog aggregator also has some really neat features that make it an even more valuable tool.  One can organize blog posts into different lists based on topic, interest, or any other criteria you would like to use.  You can also highlight and share blog posts with online friends and colleagues to let them know what you find interesting in the blogosphere or you can check out Google's suggestion of bloggers that you may enjoy based on the posts you follow and share.  I have found this to be a great method for discover new bloggers I hadn't previously heard of.

If you enjoy reading blogs, Google Reader is an absolute must-have tool.  Best of all, it is absolutely free, and with all the time you'll save following your favorite bloggers, it is almost like Google Reader pays you in the form of more time to concentrate on high value activities.  What are you waiting for ?  Sign up for Google Reader today - and don't forget to add the Maximize Possibility blog to your list of bloggers to follow!

Escape From Cubicle Nation - Book Review

Ever thought about quitting your job and doing something you love?

I quit my "real job" almost ten years ago and have not worked since.  I now work for the best boss I have ever worked for - me.

If you are like me - constitutionally unemployable - you need to read this book... 

If you are thinking about quitting your perfectly good, hum-drum job that is boring, and mindless but are not sure if you can "cut the mustard" - you need to read this book.

The Book of the Week:  Escape From Cubicle Nation by Pamela Slim.Escape From Cubicle Nation

What it Covers:  Perhaps you have thought about quitting your day job and taking on something you really love and wanted to minimize your risk.  I wish I had this book when I made the jump.  This book provides sage advice on everything you will need to think about, know, and develop as you develop your business model and make the leap. 

Why You Should Check it Out:    Three reasons. 

This book has it all - practical advice, detail, tactical, and strategic thought processes you must consider. 

The second reason is because life is simply way too short to be doing what does not inspire you.

The third reason - This book is solid.  When I cracked this book open, I fully expected sappy stories and "you-can-do-this-too" language that I frankly do not respect.  There is a lot of fluff out there.  "Fluff" is subjective of course.  I did not find any.  Many people aspire to leave the shackles of corporate America.  However - few are truly prepared for what comes with that "freedom".  Escape From Cubicle Nation is practical advice and avoids the cliche' of "you-can-do-this-too".  One of my favorite quotes by Pamela Slim is:

"Hating your job intensely is not a business plan."

I could not agree more. 

If you are seriously considering a move to go on your own...  Get this book first - then make your move.

Links to more info:

Escape From Cubicle Nation Blog

Read the first chapter of Escape From Cubicle Nation

 

June 09, 2009

I've Been Boring!

Seth Godin gave me a bit of much-needed shock treatment in his post, "You're Boring".

In part, Seth posted...Boring

"Your products are predictable. Your insights are recycled. You don't bring surprise with you when you enter a room."

He is absolutely correct.  I have been boring.

I have been playing it safe - waiting out the economy - not taking risks - not being as edgy as I have been in the past.

I have been playing it too "safe".

Are you playing it too "safe"?

Have you been boring?

Are you waiting for the economy to improve or are you going to improve your own economy?

June 07, 2009

The Rainmaker 'Fab Five' Blog Picks of the Week

With all the great posts hitting the Blogosphere this past week on the topics of leadership development, talent management, and human resource management, I would like to point you to five blog posts that I consider to be the best of the best for the week of June 1st to June 7th, 2009. 

Steve Roesler, Alll Things Workplace: How Do You Spot an Emerging Leader? - Spotting the future star leaders of an organization is one of the most important responsibilities of a business owner or CEO.  Steve reports on an interesting piece of research by Anderson and Kilduff (2009) where emergent leadership was studied in unstructured groups and shares some food for thought when it comes to spotting the future leaders in your organization.

Tom Foster, Management Skills Blog: Communication Opens Up - Last week I shared a string of blog posts Tom had posted on the important topic of accountability for results.  Tom has continued the blog saga and posted a short and powerful post on how clear and transparent accountability for results can dramatically open up the lines of communication within a team or organization.  

Dan Bobinski, Workplace Excellence: Let High-Profile Employees Create Motivation and Foster Teamwork - While few organizations have high profile public figures or celebrities coming in to work each day, every organization seems to have a few employees with a knack for shining in the spotlight.  Dan shares some thoughts on how these employees' ability to shine in public eye can be leveraged to motivate their work colleagues and foster improved teamwork.

Gautam Ghosh on Human Resources: Setting Expectations for Employees - Gautam has a great post up on setting performance expectations for our employees and implores us to stop focusing on the process of how work is done and start concentrating on what is really important: results.

Ann Bares, Compensation Force: The End of the Merit Increase - Ann is pondering whether the tough economic climate and the growing prevalence of pay for performance programs is going to sound the death knell for traditional merit pay increases and shares some great links to industry research on this intriguing topic.  

Generation Y Deserves No Special Treatment

I have meant to write this post for some time.  I apologize for putting it off.Generation Y special treatment

Recently, I read the "advice" of yet another Generation Y "expert" proclaim that Generation Y needs to be treated "special".

Please allow me to state loudly and clearly...  Generation Y should not be treated any differently than any other generation. 

The very same employee performance standards applies to Generation Y as they apply to any other generation.

  • Get to work on time

  • Be present mentally

  • Exceed expectations

  • Be a Team Player

  • Go home

What matters more than anything is the answer to the following question...  "Did you ultimately add more measurable value than you cost?"

I do not know what it is...  Is it the Generation Y pundits who write the books proclaiming "Pander to Generation Y or Else They Will Work Elsewhere" or is it reality?

I really do not think Generation Y is out there making demands.  Most Generation Y talent that I have been exposed to are hard-working people who do not expect something for free.  Most Generation Y talent I know want what everyone else wants - to be rewarded for their contributions and treated with respect and dignity.

"Special treatment" is earned.  What matters more than anything else are the "fundamentals".  The fundamentals of employee performance and compensation for that performance are easy - add more value than you cost and do so consistently.  If one adds real, measurable value, then one "deserves" the privilege of "better treatment".

This "better treatment" may come in the form of enhanced wages, perks, commissions, bonuses, the corner office, the company car, etc, etc, etc.

But what I am reading and hearing strongly seems to suggest...  Treat your Generation Y talent "special" in order to engage them fully. 

I disagree.  In fact, I think it is disrespectful to Generation Yers.

Special treatment creates a host of problems you do not want in your organization.  I have seen managers and companies bend over backwards to "love" employee team members who had no business being on the bus in the first place.

What are the results?

  • Entitlement thinking

  • The low performers (wrong people) stay - the high performers leave for organizations that believe in personal accountability.

I believe...  Love the high performer employee team members.  Help the low performers leave.

Loving low performers with the hope they will turn into high performers is madness.  It does not work. If you make it work, give me a call.  I will have a highly-paid position for you.

What matters and should - Perform well in your position and you get more of what you want (some might call it special treatment).  After over a decade of consulting to really cool companies across this great land, I have come to realize one thing very clearly - do not put the cart before the horse. 

Do not give specialized treatment of any type to anyone until they perform. Perform first - then get.

Now go Maximize Possibility!

Other blog posts you may be interested in:

Chris Young helps organizations Maximize Possibility through talent management, cultural transformation, and strategic intervention.  Bring Chris in today!

1-866-988-RAIN
“Request More Information
“Sign Up For Our Free Email Newsletter!

 
Copyright 2009, Chris Young - The Rainmaker Group, Inc. 

The Job Mismatch Problem - The Five Costs of the Wrong Employee In The Wrong Seat

It is common knowledge that the wrong employee team member in the wrong "seat" on the "bus" has the potential to cost an organization dearly.  Yet few organizations actually do anything about it.

Why do few organizations actually do anything to counter their Job Mismatch Problem?  From my experience of over a decade of working with small to large organizations, few organizations have a rational understanding of the costs of their Job Mismatch Problem.  I also believe organizations feel that they can work around low performers or perhaps change them. 

Following are five costs of the Job Mismatch Problem that I have identified...

Job Mismatch Cost One - Employee Turnover Employee in the right seat

Traditionally, the cost of employee turnover has been the focal point of human resources and management for many years.  I think many organizations have gone too far in their reduction of employee turnover - to the point that low performers are staying rather than moving on to something more suitable for them.

The cost of employee turnover is quite signficant.  Different schools of thought have come up with figures of 1.5 to several times annual salary as the cost of employee turnover. 

Job Mismatch Cost Two - Management Time

Low performing employee team members require considerably more management time to address their low performance.  The management costs are truly twofold in nature.

The actual management time itself is expensive.  The inherent amount of time a manager spends micro-managing a low performer is time that is easy to identify the cost of.  One can literally take the amount of time times the compensated amount per hour that the manager is spending over-managing the low performer to arrive at the management cost of managing low performers.

The opportunity costs of management time can be considerably more expensive than just the cost of management time itself.  Time spent micro-managing low performers could be better utilized identifying new opportunities, coaching higher performers, and developing new strategies. 

Job Mismatch Cost Three - Low Employee Engagement or Employee Morale

Low Performers destroy employee engagement and employee morale in many ways. 

Low performers rarely leave.  Instead - high performers who have viable alternatives for employment leave. 

The net impact of reduced employee morale and engagement leads to a greater realization of all of the costs shared in this article. 

Job Mismatch Cost Four - Damaged Customer Experience

Low performers often destroy Customer Experience Value by mistreating the Customer or Patient.  By "mistreating" I mean treating the Customer or Patient in a way that is inconsistent with the branding and vision of the organization.

Unhappy Customers or Patients often do not return for future business.  They also share their horror stories with others.  Therefore, it is very important that the Customer and Patient Experience be measured to understand if the employee team member is adding or destroying value. 

Job Mismatch Cost Five - Reduced Employee Productivity

Employee productivity costs are the "big one".  In my analysis of working with all types of positions, I have come to understand the significant productivity cost of a low performing employee team member who cannot do the job decently or at all.  It is common to see a "top 20% high performer" perform at a level that is 3 to 10 times that of a "bottom 20% low performer".  This productivity cost is a severe drain on the financial resources of any organization.

Every organization has some level of productivity cost associated with a Job Mismatch Problem.  The question really is:

What is being done to proactively decrease the Job Mismatch Problem?  Right seat on the bus

Following are five strategies one can put into place to reduce the Job Mismatch Problem.

  1. Benchmark the Job and Match the Best Possible Talent to the Position.

  2. Employee Job Expectations - Ensure the employee team member knows what is expected of them.

  3. Employee Performance Accountability - Hold the employee team member accountable for meeting and exceed Job Expectations.

  4. Employee Coaching - Coach for improved performance.

  5. Talent Management - Succession Plan - Understand what the employee team member is capable of and build their skills for future talent needs.

Now go Maximize Possibility!

Other blog posts you may be interested in:

Chris Young helps organizations Maximize Possibility through talent management, cultural transformation, and strategic intervention.  Bring Chris in today!

1-866-988-RAIN
“Request More Information



“Sign Up For Our Free Email Newsletter!



Copyright 2009, Chris Young - The Rainmaker Group, Inc.


June 05, 2009

This Week's Featured Possibility Maximizer: You Can't Send a Duck to Eagle School

Every week I like to feature a resource that will help you to Maximize Possibility in your organization and your life at work.  This week I would like to share a short and powerful book about the importance of having the right people in your organization.

The Resource:  You Can' Send a Duck to Eagle School by Mac Anderson

What it Covers: Mac Anderson's book is based on a simple but powerful metaphor: "you can't send a duck to eagle school" - meaning that you can't transform an employee team member into someone or something that they naturally are not.  In this short and engaging book Mac illustrates the importance of hiring the  best employees who have the DNA to provide top notch customer service.  Mac also keeps things interesting with intermittent "nuggets" of leadership wisdom and insights learned from his 30 years as an entrepreneur. 

In working with my clients I like to tell them that it is "easier to give birth than to raise the dead" and I think this sums up Mac's book really well.

Why You Should Check it Out:    Mac does an excellent job of telling a short, engaging, and powerful story - not an easy thing to do by any means!  This makes his book great for busy business professionals as it can be easily read in one sitting and is the perfect carry-on item for a short business flight.  Anderson's book also makes an excellent and thoughtful gift to give to your fellow business colleagues and clients and is available in eloquent gift packages.

Reading You Can't Send a Duck to Eagle School always leaves me feeling refreshed and re-invigorated in my mission to help my clients Maximize Possibility in their organizations.   I am confident that reading this book will leave you feeling the same.  Head on over and pick up a copy for yourself!

Links to more info:

Video synopsis of the book

Book intro

Walk the Walk - Management and Leadership Development Resources


 

 

June 03, 2009

When Employees Are Over-Compensated For Low Performance - Eight "Benefits"

The current economy is forcing companies to downsize and rationalize which employees to keep and which to lay off.  I call it an "economic cleansing". 

Simple economics is forcing employers to rationalize their labor.  In today's economy, it is vital that employees add more value than they cost.  Employers will have no choice but to keep only employees who are adding more value than they cost.  Those who are not adding more value than their compensation are being let go.

It is about time.

If you are unsure of the value you create or manage employees who are unaware - now is your time to create employee performance awareness.  You can begin by asking, "What can I improve upon, do more of, and do less of to add value?"

The scary truth - Many companies do not have any idea who are the true high performers and who the low performers are.  Many are unaware or unsure who is adding real economic value and who is costing more than they are being compensated.  This is why in some cases entire departments and divisions are being laid off. 

It fascinates me that organizations allow this to happen.  Companies should always match employee performance to compensation.  An economic downturn should not force organizations to reconcile employee performance to compensation. 

Failure to match employee performance to compensation leads to some truly nasty issues - Eight of the most typical outcomes of over-compensation for employee performance follow:

  1. Cash Drain - Economically, it is unreasonable to over-compensate an "input" for more than the value created.  The result of over-compensation in the long-run is economic inefficiency.  If over-compensation is pervasive, the company's future will become in serious jeapardy as literally more cash goes out for compensation than comes in.  At the very least - over compensation for performance is a drain on resources leading to...

  2. Reduced Competitive Positioning - Organizations that compensate employees at a level higher than their performance in the long-run reduce their competitive positioning.  I am seeing more and more of this currently.  Companies are burdened with low and non-performing assets (particularly talent).

  3. High Performers Become Low Performers - Employees seem to know who is adding value and who is not.  One of the best ways to destroy high performer morale is to over-compensate low performers.  High performers quickly figure out the "rules" and reduce their performance to the performance "baseline" of the team. 

  4. Low Personal Accountability through Entitlement Thinking - Employees rationalize or assume that they are adding value even when they are not and therefore assume that they are entitled to all of the "benefits" of high performing employees.  Furthermore - the employee being over-compensated often becomes delusional about the value they add.  Inherently they may or may not know that they are performing at an acceptable level or adding "fair" value for their compensation.  On the other hand, they may feel that they do other things that add value that are not readily visible or measurable.

  5. Decreased Employee Morale - Without a doubt, failure to rationalize employee performance to compensation is going to lead to feelings of unfairness.  Someone is going to feel that they are contributing more than the "other guy" or low performer and become upset.  Employee morale will drop.

  6. Over Compensation Delusion - The employee being over-compensated often becomes delusional about the value they add.  Inherently they may or may not know that they are performing at an acceptable level or adding "fair" value for their compensation.  On the other hand, they may feel that they do other things that add value that are not readily visible or measurable.

  7. Employee Morale - Without a doubt, failure to rationalize employee performance to compensation is going to lead to feelings of unfairness.  Someone is going to feel that they are contributing more than the "other guy" or low performer and become upset.

  8. Over Compensation Delusion - The employee being over-compensated often becomes delusional about the value they add.  Inherently they may or may not know that they are performing at an acceptable level or adding "fair" value for their compensation.  On the other hand, they may feel that they do other things that add value that are not readily visible or measurable. 

What can one do to reduce/remove the over-compensation problem?

  1. Take action now.

  2. Continuously reconcile employee performance to value-created and compensate based upon performance.

  3. Implement a flexible compensation plan that immediately reflects employee performance.

  4. Create a Culture of Personal Accountability.


Now go Maximize Possibility!

Other blog posts you may be interested in:

Are Killer Benefits Poised to Kill Employee Morale?

Pay for Performance and the Business Week 50

Is Brown Nosing Encouraging a Culture of Mediocrity in Your Organization

Five Steps to Creating an Employee Performance Scorecard

Chris Young helps organizations Maximize Possibility through talent management, cultural transformation, and strategic intervention.  Bring Chris in today!

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“Request More Information
“Sign Up For Our Free Email Newsletter!


Copyright 2009, Chris Young - The Rainmaker Group, Inc. 

June 01, 2009

The Rainmaker 'Fab Five' Blog Picks of the Week

With all the great posts hitting the Blogosphere this past week on the topics of leadership development, talent management, and human resource management, I would like to point you to five blog posts and a bonus blog post series that I consider to be the best of the best for the week of May 25th to May 31st, 2009.

Wally Bock, Three Star Leadership: 8 Characteristics of Highly Effective Workplaces - When it comes to creating high performance workplaces, Wally Bock is a seasoned professional who has probably seen just about everything one could imagine in the workplace.  Wally recounts the ways that thousands of participants over a quarter century have described a time "when it was great to come to work."

Lance Huan, Your HR Guy: Exit Interviews are Band Aids on Broken Legs- While most HR pros will agree that exit interviews a good tool to have in one's toolbox, Lance Huan reminds us that when it comes to improving employee retention rates and gaining a higher level of employee engagement, exit interviews are little more than a bandage on a broken leg. 

Dr. Peter Vajda, Slow Leadership: Dealing With Your Anger- Few will argue with the fact that anger is a primordial emotion that all of us experience from time to time.  However, each one of us handles this powerful emotion in a different way and when not kept in check, anger can wreak real havoc on the relationships in one's personal and professional life.  Dr. Vajda shares some helpful tips on how all of us can better deal with our anger.

Dan McCarthy, Great Leadership: Would Your Peers Vote for You? - Chances are you have probably been the subject of a 360 degree review where your peers, managers, customers, vendors, and other business colleagues anonymously share their thoughts on your job performance.  For some receiving the results can be a real eye opener and a rude awakening as to how their peers view them.  If you've ever been surprised (or blindsided) by the results of a 360 review and want to rethink and improve on the way you relate to your peers, Dan McCarthy has a great post with 10 suggestions for improving your relationship with your peers and becoming a better leader in the process.

Drea Knufken, Business Pundit: 12 Must-Read Summer Business Books- Looking for a good summer read?  Business Pundit Drea Knufken shares her list of 12 must-read business books you should consider picking up with summer.

Bonus Pick: Tom Foster of the Management Skills Blog has a nice sting of posts on the all-important topic of accountability for results.  I personally have seen Tom Foster speak twice and have found him to be extremly knowledgeable and engaging.  Check out Tom and his string of posts starting here.

 

May 28, 2009

This Week's Featured Possibility Maximizer: Jay Shepherd's Gruntled Employees Blog

Every week I like to feature a resource that will help you to Maximize Possibility in your organization and your life at work.  This week I would like to share an employment law blog that I am confident you will find engaging and worth following regularly.

The Resource:  Jay Sheperd's Gruntled Employees Blog

What it Covers:   Working in the field of employment law, Jay knows all to well the high price an organization can pay as a result of disgruntled employees.  To combat this Jay asked himself what the opposite of a disgruntled employee is and what can be done to keep them from becoming disgruntled in the first place.  The answer to this question was his blog - Gruntled Employees - that shares tips and suggestions for employers to limit their exposure to employee litigation and lawsuits.  

Why You Should Check it Out: I find Jay's blog to be a perfect example of how common sense in the workplace and treating your employees right can be the foundation of a solid employee litigation defense strategy.  Naturally as an employment law attorney Jay works with employers to limit their exposure to employee litigation and law suits.  However Jay recognizes that most employment lawsuits are the result of organizations that fail to establish policies that treat their employees fairly, with respectful, and with humility.  As such I see Jay to be as much of an advocate for employees as he is a legal adviser to employers.

I don't follow a lot of employment law blogs, but I never miss Jay's posts when they come through my Google Reader.  The reason for this is Jay's knack for making employment law topics interesting, engaging, and a valuable use of one's time to read.  Jay also writes very intelligibly on a wide variety of workplace topics which adds a really nice element of variety to his blog.

In a sure sign that he thinks outside of the box, Jay is the only attorney I have heard of that charges his clients not by the hour, but rather by the value he and his firm delivers.  I find this incredibly refreshing and a great example of the kind of mindset that Jay brings to his blog every time he posts.

If you haven't checked out Jay's blog, or don't believe me that employment law posts can be a good read, head on over to Jay's blog and check it out for yourself!

Blog Posts you will enjoy from Jay's Blog: 

The Latest Carnival of Human Resources is Up!

The latest Carnival of Human Resources is up!  


Denise Berry with Team Doc has taken the carnival torch and has put together a nice collection of blog spanning the "continuum" of the HR and talent management spectrum.  Head on over and check it out!

May 25, 2009

The Rainmaker 'Fab Five' Blog Picks of the Week

With all the great posts hitting the Blogosphere this past week on the topics of leadership development, talent management, and human resource management, I would like to point you to five blog posts that I consider to be the best of the best for the week of May 18th to May 24th, 2009.


Tim Sanders, Sanders Says: How to Avoid Getting laid Off - Everyone has their own theory about how to become a "recession-proof" employee and avoid getting laid off during this economic downturn.  Tim Sanders shares his top recommendation to avoid getting laid off: make yourself more emotionally attractive.

Lisa Rosendahl, HR Thoughts: Social Media Power and a Personal Branding Wake-up Call - Have you joined the social media revolution?  If not, Lisa Rosendahl is calling on you to wake up to the powerful online networking tools at your disposal and get started building your personal brand.

John Agno, The Leadership Blog: Mindset, Attitude, and Personality- John delivers an excellent post where he examines the mindset, attitude, and personality of a leader and links to a great piece of online research that examines these leadership characteristics from a psychological and neurological perspective.

Dr. Bill Klemm, Sharp Brains: 8 Tips to Remember What you Read- Reading all of the latest industry research, white papers, and blog posts is great, but if you don't retain what you read there is little to no chance you will be able to leverage that information to improve your performance at work.  Dr. Klemm at Sharp Brains has posted an excellent blog post with 8 tips to help you better remember all that great material you are reading.   

Tara Craig, The Work Clinic: Bullying Worsens with Recession - Tara reports on an alarming trend of a rise in workplace bullying as a direct result of the global recession and shares a handful of bullying behaviors you should keep an eye out for. 




May 21, 2009

This Week's Featured Possibility Maximizer: Talent Management Magazine

Every week I like to feature resource that will help you to Maximize Possibility in your organization and your life at work.  This week I would like to share an online industry publication I think you will enjoy.



What it Covers: No big surprises here... talent management is the name of the game with this resource. 

Why You Should Check It Out:   I really like Talent Management Magazine because its sole focus is talent management.  While you can find great articles on talent management topics in many publications, at Talent Management Magazine you won't have to sift through handfuls of articles examining the often-times administrative side of human resources that talent management is often lumped in with.  At TM Magazine highly substantive articles are routinely published on all of my favorite talent management topics, including performance management, leadership development, succession planning, hiring and selection, and employee training and development. 

The best thing about Talent Management Magazine online is that it is a completely free resource - hard to beat an offer like that!  Head on over and check it out for yourself'; I think you'll find it a good read that will add value to your life at work. 

Features you will like at Talent Management Magazine:

How The Mighty Fall and Why Some Companies Never Give In By Jim Collins

I just received my latest issue of BusinessWeek and excitedly read Jim Collin's book excerpt - How The Mighty Fall and Why Some Companies Never Give In

For the record...  I am a big fan of Jim Collins and I am not.

I am a fan because I really appreciate the research he and his team puts into his work - his books.  His books have pushed my thinking and I believe the "conventional wisdom" of businesses and organizations around the world.

Why I am not a fan...  I worry about putting a company on "high".  No company stays in "top form" for life.  I worry about books that illustrate the "best example" - a particular company who was good (or appeared to be good) at one point in time.  How the company became "good" may be the result of more luck than strategy.  Yet a few years later (after the book was published) the illustrated company is not good nor great - they have fallen from grace. 

It is important to remember that there are three kinds of lies...  Lies - Damn lies - and - Statistics. 

By the way...  If you are interested in another good book - check out The Halo Effect by Phil Rozenzweig.  Powerful book.

I am grateful to Jim Collins...  He inspired me (amongst several other living gurus like Tom Peters) to really look at the talent.  Without the right people in the right seats on the bus, the organization's future will be in jeapardy.  I thank Jim Collins for helping me really focus my energy in the single most important strategy of all - Talent Management.  The focus of my work - Talent Management Strategy has been immensely beneficial to my Clients and myself.

From my review of the BW article, I can see that Jim Collins is again pushing the envelop of strategic business model of thought or "conventional wisdom".  One such observation...  It seems that we are pretty good at reviewing the autopsy - after the fact - after the damage was done.  We are really good at reviewing the wreckage when the damage has been done - lives altered - fortunes lost.

What is particularly interesting to me is the thought process of identifying or systematically predicting what we do not know that we do not know.  What if I could catch the "wreck" while it was still recoverable?  A wreck could be prevented.

The implications are interesting and huge.  For example...  A business model may appear to be doing well when in fact it is imploding from a strategic perspective.  I have seen it before.  The money is rolling in - yet the faint "smell of death" seems to be coming through the cracks in the "strategy foundation".  That faint smell is coming from the obvious strategy cracks - poor sales strategy, poor execution, etc.  Yet management refuses to change the  "winning strategy" - it is bringing in cash.  Do not mess with a winning horse...

The question becomes...  "How do we/I inject systemic humility, personal accountability, and self-review into the business model to avert driving a perfectly good "bus" off a cliff?"

The answer is...  purposefully create the system thought process into the Culture of the team and organization.

More to come on this book - just ordered it...

Now go Maximize Possibility!

Other blog posts you may be interested in:

Book Review: Escape From Cubicle Nation

Featured Possibility Maximizer: You Can't Send a Duck to Eagle School

Malcolm Gladwell's Outliers: Employee Hiring and the Job Mismatch Problem

Chris Young helps organizations Maximize Possibility through talent management, cultural transformation, and strategic intervention.  Bring Chris in today!

1-866-988-RAIN
“Request More Information
“Sign Up For Our Free Email Newsletter!


Copyright 2009, Chris Young - The Rainmaker Group, Inc.

May 17, 2009

The Rainmaker 'Fab Five' Blog Picks of the Week

With all the great posts hitting the Blogosphere this past week on the topics of leadership development, talent management, and human resource management, I would like to point you to five blog posts that I consider to be the best of the best for the week of May 11th to May 17th, 2009.

Lance Huan, Your HR Guy: Five Steps to Better Employee Communications - The value of effective communication with an organization's employees is no secret in the business world.  Achieving a high level of effective employee communication, on the other hand, can be a difficult and daunting task.  Everyone's favorite HR Guy- Lance Huan - share five tips on improving communication with your employees that he has learned from his relationship with his wife.

Rowan Manahan, Fortify Your Oasis: Can You Make Yourself Recession Proof? - Rowan tackles the tough question whether or not one can make their job recession proof.  While he feels that no job is entirely recession proof, Rowan does believe that there are a number of things workers can do that will go a long way to securing their job.  Rowan shares his tips and thoughts on this issue in an interesting audio interview with Q102.

Institute For Corporate Productivity (I4CP): Over Half of Employees Say Their Managers are Ineffective- The folks over at I4CP have released yet another great employment survey; this time they report an alarming statistic about how effective employees feel their managers are in their job. 

Ann Bares, Compensation Cafe: Stepping Up & Intrinsic Rewards - Employee rewards have been a hot topic this past week.  Ann writes a great post looking at how the intrinsic reward of offering more responsibility on projects of larger scope and importance should play into your organization's employee reward program.

Jon Ingham's Strategic HCM Blog: Measuring Reward - Jon Ingham dives into subject of employee reward and recognition and takes a look at the critical importance of measuring employee reward programs to determine their effectiveness in delivering their desired outcomes.  Jon's post also offers a number of great links to other posts and research on this very interesting topic that are well worth checking out. 

Blog Carnival Alert!

Carnival2 It's been a crazy week and this one almost slipped past my radar - the latest Carnival of Human Resources is up at the Recruitment 2.0 Blog!  Susana Cesar has done a fabulous job of hosting the carnival and put together a great list of 30 assorted HR blog posts for your reading pleasure. While you are there, be sure to browse the Recruitment 2.0 Blog - I think you'll find it a good read! 

This Week's Featured Possibility Maximizer - Who - Solve Your #1 Problem

Every week I like to feature resource that will help you to Maximize Possibility in your organization and your life at work.  This week I would like to share a powerful book that should be a powerful resource for your life at work.

The Resource: Geoff Smart and Randy Street's "Who - Solve Your #1 Problem"Who_Book_Small,_no_shadow

What it is about: "Who" is about your number one problem - the avoidance of putting the wrong talent into the wrong seats on the "bus".  If you want to kick up your employee hiring and selection strategy a notch, this book is a very good resource for you.

I believe the best-of-breed Talent Management strategy incorporates employee selection process that incorporates solid talent attraction, interviewing, expectations-setting, and "selling" the candidate on ultimately joining the organization. 

I found myself nodding in agreement with the central elements of the book.  The book is based on solid research and experience (huge plus). The authors boil down their advice and strategy into the following four steps:

  • Scorecard

  • Source

  • Select

  • Sell

Two pieces of information that are worth the book's weight in gold...

  • Five incredible candidate interview questions that you simply must use.

  • Five incredible reference interview questions that you simply must use.

I am putting this book on my reference shelf right next to Topgrading(TM).  Interestingly - Geoff is co-creator of the Topgrading(TM) philosophy. 

Websites you may wish to check out...

"Who" the Book Website

Topgrading Website

May 10, 2009

The Rainmaker 'Fab Five' Blog Picks of the Week

With all the great posts hitting the Blogosphere this past week on the topics of leadership development, talent management, and human resource management, I would like to point you to five blog posts that I consider to be the best of the best for the week of May 4th to May 10th, 2009.

Tom Peter's Blog: Excellence. Always. All you Need to Know - Fresh from a recent three day seminar in Shanghai, Tom distills three days of presentations into six powerful suggestions for achieving consistent workplace excellence.

Bob Sutton, Work Matters: Do you End Meetings on Time - Do the meetings you lead always seem to run past their anticipated end time?  If so, Bob Sutton provides four commons culprits of long lasting meetings and what you can do about it.

Carmine Coyote, Slow Leadership: When Intensity Becomes Bullying- Workplace bullying is a hot topic and one that has a strong emotional impact on thousands of employees every year.  While many instances of "bullying" may be mis-classified due to an intense manager and differing behavioral styles between employees and managers, there are many cases (far too many) of actual workplace bullying.  Carmine Coyote of the Slow Leadership blog reports on a recent Financial Times article on this hot topic and examines the point where intensity turns into bona fide bullying.

Alison Green, Ask a Manager: You Need the Right Person, Not the Almost Right Person - Everyone will agree that hiring the right person for the job is critical to organizational success.  However many managers find themselves settling for the "almost right person".  Alison reminds us that when it comes to creating a high performance organization you need the right person, not the almost right person.

Tim Sanders, Sanders Says: Do You Give Good ROA?- Do you make good use of the valuable time that others so graciously grant you their attention with?  Tim Sanders introduces a great concept called ROA (Return on Attention) and shares four pointers for delivering a high level of organizational value. 

May 09, 2009

This Week's Featured Possibility Maximizer

Every week I like to feature resource that will help you to Maximize Possibility in your organization and your life at work.  This week I would like to share a book by one of my favorite authors that has radically changed the way I look at organizational teamwork.

The Resource: Patrick Lencioni's Five Dysfunctions of a Team

What it is about: In this excellent book, Patrick Lencioni reveals the five dysfunctions which go to the very heart of why teams (even the best ones) often struggle.

Through his incredibly popular "leadership fable" writing style Lencioni follows the trials and tribulations of a newly minted fictional CEO (Katheryn Petersen) as he outlines a powerful teamwork model and actionable steps that can be used to overcome these common hurdles and build a cohesive, effective team.

Why you Should Check it out: As I said before, this book has radically changed the way I look at organizational teamwork and the cause of conflict in workplace teams.  Lencioni's book is so powerful that I felt compelled to share his message, and I now regularly facilitate training programs based on The Five Dysfunctions of a team.  I can personally attest to the powerful results that can be accomplished when following the principles of effective teamwork espoused by Lencioni in his book.  Whether you choose to bring in an outside facilitator to help make your team as effective as possible, or simply share this book with those you work with, I am confident that you will find that it adds incredible value to the teams within your organization.

Other Books by Patrick Lencioni you may Enjoy:

May 03, 2009

The Rainmaker 'Fab Five' Blog Picks of the Week

With all the great posts hitting the Blogosphere this past week on the topics of leadership development, talent management, and human resource management, I would like to point you to five blog posts that I consider to be the best of the best for the week of April 27th to May 3rd, 2009.

Deb Owen, 8 Hours and a Lunch: The #1 Form of Waste in Business - Businesses are full of waste.  Some waste is easily spotted on an income statement, other waste is more difficult to detect but can be equally destructive.  Deb writes an excellent post pointing out one of the more costly form of business waste that you wont find on the income statement: unused employee creativity.

Dan McCarthy, Great Leadership: 10 No Bull Tips on How to Lead a Meeting - Leading an effective meeting is an art of its own, and one of the more important skills an inspiring manager must possess.  Leadership Guru and friend of the blog, Dan McCarthy writes an engaging post sharing 10 "no bull" tips on how to effectively lead a meeting.

Wally Bock, Three Star Leadership: Being a Boss is Two Jobs in One - Wally reminds us that being a a manager/leader is really two jobs in one, and encourages us to keep up with the second job of caring for our people.

Nina Simosko, Slow Leadership: Pay it Forward - Nina reminds us of the importance of paying it forward and helping others in these times of economic hardship.

Chris Russell, Cheezhead Blog: One Page Guide to Social Media Recruiting- Feeling overwhelmed by the social media revolution and how/where it should fit into your recruiting strategy?  Chris from Cheezhead distills the world of social media down to a handy one page guide to using social media to improve your recruiting efforts.

May 01, 2009

This Week's Featured Possibility Maximizer

Every week I like to feature an online resource that will help you to Maximize Possibility in your organization and your life at work.  This week I'd like to highlight one of the finest and most brazen HR bloggers out there.

The Resource:  Laurie Rueittimann's Punk Rock HR

What it Covers: Laurie isn't afraid to go anywhere when it comes to reporting on the wacky world of HR.  From serious and highly strategic issues to bizarre and bewildering stories that find their way out of HR department cellars Punk Rock HR tackles the issues head on with insightful and candid commentary.

Why You Should Check it Out: With over a decade of experience with several Fortune 500 companies, Laurie has the experience and expertise to back up her brazen and unabashed views on the human resource trade.  Never one to bite her tongue, Laurie will tell you how it is really is in the world of HR.  It might hurt to hear the unfiltered and un-adultered truth about HR, but that is how Laurie is working to transform HR into a relevant value adding organizational function.

I also love that Laurie makes excellent use of technology and posts regular video blogs (vlogs) on location at special HR events or from Punk Rock HR headquarters on whatever topic comes to mind.  I never know what is going to come out of Laurie's mouth next, and that is what I love about her.  

Whenever I need a good doze of truth and candor from the world of human resources, Punk Rock HR is the first place I turn. Head on over and check out Laurie's new self-hosted blog for yourself!

Blog Posts You Will Enjoy:

April 27, 2009

The Rainmaker 'Fab Five' Blog Picks of the Week

With all the great posts hitting the Blogosphere this past week on the topics of leadership development, talent management, and human resource management, I would like to point you to five blog posts (and a bonus pick!) that I consider to be the best of the best for the week of April 20th to April 26th, 2009.

Frank Roche, Know HR: 65 Things I Believe About HR - In a Martin Luther-esque move Frank posts his theses of 65 things he believes about HR.

Steve Roesler, All Things Workplace: Change: People Can Handle the Truth - Steve writes a great post about the importance of leaders communicating the full truth about organizational change to one's employees and stresses that they can indeed handle the truth.

Tara Craig, The Work Clinic: Managers Need to Stay Cheery - Tara shares some interesting details from a recent Institute of Leadership and Management report on the harmful effects that negativity and pessimism can have on an organization when it comes from its leadership team.

Lisa Haneberg, Management Craft: Employee Engagement & Excellence - Lisa shares some highlights from a recent webinar she hosted on employee engagement and excellence and the role that discretionary effort plays in achieving engagement excellence.

HR Tests: Is Your Test the 40 Yard Dash? - The fine folks over at the HR Tests blog write a great and timely blog post challenging you to take a good look at the hiring and selection tests your organization uses and compare them to the 40 yard dash used as part of the decision making process in the NFL draft.

Bonus Pick: Laurie Ruettimann has sparked an interesting conversation over at her Punk Rock HR Blog with an intriguing post answering a reader's question if HR is afraid to fire people.

April 26, 2009

This Week's Featured Possibility Maximizer

Every week I like to feature an online resource that will help you to Maximize Possibility in your organization and your life at work.  Today I have an excellent online resource that I am confident will add considerable value to your professional life.

The Resource: Alltop.com - All The Top Stories

What it Covers: Alltop is a self described "online magazine rack" that continually collects the latest blog posts and news stories and organizes them by category, making the site very user friendly and easy to navigate.  On Alltop you will find great blog posts and news stories on just about any topic you can imagine. 

While you can find great information on just about anything that interests you at Alltop, I am particularly impressed with its great collection of work and business related resources.  Following the "Work" link on the Alltop homepage, you will find a vast range of business categories to explore from including Leadership, Human Resources, Executive Coaching, Public Speaking, Marketing, Branding, and Innovation just to name a few.  In each of these categories you will find a vast collection of related blog posts and news stories collected from a diverse group of experts in that particular field. 

Why You Should Check it Out:  There is truly no other online resource quite like Alltop.  No where else will you find such a vast and diverse collection of news stories and blog posts (continually updated, no less!) on just about any topic you might be interested in. 

I have found Alltop.com to be the premier place for discovering new bloggers and thought leaders on the business topics that matter most to me.  I am confident that you will too!

Head on over to Alltop today and expand your horizons on the subject matters you are most interested in!

Alltop categories that you may be interested in:

April 21, 2009

Career Advice to College Graduates - American Workplace Insights Survey

As the class of 2009 prepares to enter the worst job market in decades, Adecco has released their latest American Workplace Insights Survey that offers advice from college graduates of every generation.

 

Pursue a career that you like, despite earning potential.  The most popular piece of advice among former American college graduates (71%) was to pick a career because they like it, not because of earning potential.  Only 13% percent of Americans advise current students to pick a career based on salary alone.

 

Today’s students do have more stress, but do not let that turn into panic.  72% of American college graduates agree that today’s graduates have more worries about finding a job than they did.  Despite the added pressure, only 18% of Americans advise today’s students to take any job they can get.

 

Be flexible.  70% of American college graduates advise current students to be open minded about relocating for job opportunities.  Surprising, 35% of Americans who hold a college degree advise current students to consider unpaid internships as an option.  

 

Get to work now, and do not let the economy delay your career.  Only 22% of American college graduates advise today’s students to enter graduate school immediately after earning their undergraduate degree.    Furthermore, only 6% of American college graduates say that current  students should enjoy a year off and hope the job market gets better.

 

Graduate degrees aren’t an immediate priority, and to some they do not matter as much as a solid resume.   Only 22% of American college graduates advise students to pursue a graduate degree immediately after graduation, or even within a few years.  Almost half of Americans (46%) advise students to start getting on the job experience because it’s more important than an advanced degree.

The advice gleaned from the American Workplace Insights Survey is spot on.  The big question I have is, "What will today's graduates do?"  Take any job and "exist" until their dream job comes along or remain jobless without taking a job that does not suit their interests and passions. 

 

 

Student loan debt is increasing.  According to The College Board (Trends in Student Aid – 2008) - In each year between 2000 – 01 and 2006 – 07, an estimated 60% of bachelor’s degree recipients borrowed to fund their education. Average debt per borrower rose 18%, from $19,300 to $22,700 in 2007 dollars over this time period. Average debt per bachelor’s degree recipient increased from $10,600 to $12,400.

My advice to college graduates seeking the dream job they cannot land - seek the unpaid internship option and strongly consider graduate school.  It worked for me.


 

 

April 20, 2009

The Rainmaker 'Fab Five' Blog Picks of the Week

With all the great posts hitting the Blogosphere this past week on the topics of leadership development, talent management, and human resource management, I would like to point you to five blog posts that I consider to be the best of the best for the week of April 13th to April 19th, 2009.

Jim Stroud, The Recruiters Lounge: 10 No-Cost Ways to Recognize Employees -  With the economy in a slump and cash at a premium, managers must come up with creative ways to recognize and reward their employees to help retain their top performers.  Jim Stroud shares 10 no-cost ways to do this.

Kris Dunn, The HR Capitalist: Sales Pros - Born or Made?- Kris writes an interesting article on whether sales pros are born with the behavioral traits that make them successful or if a team member can be groomed and trained to be a sales pro.

Dan Bobinski, Workplace Excellence: Management Skills Must Include 'Translation' -  Dan discusses one of the most important skills a manager must posess: the ability to translate a leader's vision into actionable tasks and goals.

Chris Morgan, Learn 2 Develop: Some Irrational Thoughts on Training and Change Management - Chris writes an interesting report on a recent McKinsey paper on how to successfully implement and achieve an organizational change initiative.

Tim Sanders, Sanders Says: That Fish Stinks From the Head!- Tim released a great video on his blog from a speech he gave to a group of hotel owners and managers where he informs them that if the culture in their organization stinks, it does so from the head down.

April 17, 2009

This Week's Featured Possibility Maximizer

Every week I like to feature an online resource that I feel will help you in your quest to Maximize Possibility in your organization and your life at work.  This week I would like to feature one of my favorite books on one of my favorite topics: Personal Accountability.

The Resource: QBQ! The Question Behind the Question, By John Miller

What it is: Putnam Publishing provides a nice primer to John's book:

QBQ!-The Question Behind the Question- addresses the most important issue in business and society today: personal accountability. The lack of personal accountability has resulted in an epidemic of blame, complaining, and procrastination. No organization-or individual-can achieve goals, compete in the marketplace, fulfill a vision, or develop people and teams without personal accountability. The solution involves an entirely new approach. We can no longer ask, "Who dropped the ball?" "Why can't they do their work properly?" or "Why do we have to go through all these changes?"

Instead, every individual has to ask the question behind the question: "How can I improve this situation?" "What can I contribute?" or "How can I make a difference?" Succinct, insightful, and practical, QBQ! The Question Behind the Question provides a method for putting personal accountability into daily action, which can bring astonishing results: problems get solved, barriers come down, service improves, teamwork grows, and people adapt to change.

 Why You Should Check it Out: I consider John Miller's book to be the foremost book on the topic of personal accountability, and one that has had a profound impact on my life.  For a book that one can read in about an hour, it conveys a very powerful and profound message that can greatly change the way you view the world around you.  I could go on and on about the QBQ!, but it's best that I turn you loose to discover the QBQ! for yourself!  If you like you can purchase the book off of my website here.

Personal Accountability Resources You May Enjoy: 

Flipping the Switch- the QBQ sequel 

My dedicated website on personal accountability in the workplace

Blog post: Personal Accountability - It's Time to End Corporate Wellfare

Blog Post: Cultural Change Begins with Personal Accountability

Blog Post: Five Signs that Personal Accountability Isn't a Core Cultural Value

April 16, 2009

Five Sources of Interpersonal Conflict in the Workplace – Part V – Mindset

The human mind is a powerful "engine".  One's Mindset is a powerful contributor to how one "sees" their future as "half full" or "half empty".

According to Wikipedia, Mindset is the...

Set of assumptions, methods or notations held by one or more people or groups of people which is so established that it creates a powerful incentive within these people or groups to continue to adopt or accept prior behaviours, choices, or tools.

My interpretation of Mindset - One's Mindset is a pattern of systemic thinking created by and uniquely held by each person. 

Rainmakers work on their mindset all the time and seek to create their future! 

How does Mindset lead to conflict?  In the cases where two or more people have different Mindsets. 

For example - We have all been around negative people who see only the worst in every situation.  Initially, these people may be interesting - perhaps even fascinating.  Soon, the energy drain reaches a point where a person needs to get away.  If one cannot get away from others whose mindset is in conflict with ours, the results are highly predictable - conflict.

I call this "Mindset Conflict".

Interestingly - how "Mindset Conflict" manifests itself can be interesting.  It all depends upon who has the power.

I had a Client with a CEO whose mindset right now is of "doom and gloom" even though his company is doing extremely well in the down economy.  His mindset is driving the rest of the team nuts but no one on the team will approach him on it.  Instead - the management team members are doing their best to forge the path ahead to keep their teams energized as best possible. 

Miss any part of our five part series on interpersonal conflict?  Click the links below to read any articles you may have missed!

Now go Maximize Possibility!

Chris Young helps organizations Maximize Possibility through talent management, cultural transformation, and strategic intervention.  Bring Chris in today!

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April 15, 2009

The April 15th Carnival of Human Resources

Ladies and Gentleman! Boys and girls! young and old!  Step right up to the latest installment of the ongoing saga that is the Carnival of Human Resources!  With a collection of 21 great posts on a variety of human resources and talent management topics, you are sure to get your fix of HR blogging goodness. 

Let's get right to it!

Nina Simosko, Nina Nets Out - Are Hackers Our Future Heroes?

Art Petty, Management Excellence - Detoxing Your Team

Ann Bares, Compensation Force - For Strategic Rewards, There Must First be a Strategy

Anna Farmery, The Engaging Brand - 10 Lessons for Life

Susan Heathfield, About Human Resources - Company Layoff Practices Matter: They'll Remember How They Feel

HR Minion - It's Called Due Diligence

HR Bartender - HR's Moment of Truth

Wally Bock, Three Star Leadership - Leaders Decide, Let Them Learn How

Steve Roesler, All Things Workplace - Four Ways to Spot Reduced Trust

Gautam Ghosh on Human Resources - Developing Yourself in a Downturn

Dan McCarthy, Great Leadership - Moon Shots for Management: Management 2.0

Mark Stelzner, Inflexion Point - Five Reasons to Take Online Friendships Offline

Rowan Manahan, Fortify Your Oasis - When Does a Job Interview Begin?

Michael Haberman, HR Observations - What Should I do With my Life Now?

Jon Ingham's Strategic HCM Blog - 3 Key Questions for HR

Gireesh Sharma, Talent Junction - Writing SMART Goals (Also Called KRAs) from Job Descriptions

Vivian Wong, Talented Apps - How About Giving Your Boss a Performance Review

Ryan Johnson, World at Work - New Expectations Regarding Pay Transparency?

Donna Bear, I4CP Productivity Blog - Is Innovation Fading Amid Crisis?

Darcy Dees, Compensation Cafe: Are Goals Evil?

And lastly, my contribution to the festivities - Three Common Pay For Performance Mistakes

Thank you to everyone who submitted posts and thank you for stopping by for the latest installment of the Carnival of Human Resources!  The next carnival will be hosted by HR Minion.  Be sure to tune in for another round of carnival fun!

April 12, 2009

The Rainmaker 'Fab Five' Blog Picks of the Week

With all the great posts hitting the Blogosphere this past week on the topics of leadership development, talent management, and human resource management, I would like to point you to five blog posts that I consider to be the best of the best for the week of April 6th to April 12th, 2009.

Gautam Ghosh, Management Consultant: Developing Yourself in the Downturn -  Gautam has a great post up on the importance of continuing to develop yourself during the downturn, even if you've fallen on hard times.  He provides four great tips on ways to continue to hone your skills while riding out this recession.

Michelle Malay Carter, Mission Minded Management: Rewarding OverPerformers with Underperformer's Work - An Employee Engagement Buster- Looking to kill engagement levels among your high performers?  Michelle suggests giving them the unfinished work of your low performers!  On a serious note however, Michelle's post is a must-read that brings attention to a common employee engagement killer: asking high performers to pick up the slack others leave behind.

Paul Hebert, Fistful of Talent: People Don't Hate Change - They Hate You Trying to Change Them - Paul hits the nail on the head on why change initiatives are so difficult to accomplish and goes on to provide some great suggestions for gaining crucial buy-in on organizational change programs.

Bob Sutton, Harvard Business Publishing: Do Economists Breed Greed and Guile? - Bob has an interesting and provocative article up at Harvard Business Publishing that has gotten a lot of attention over the past week.  Bob wants to know if economists are breeding greed and guile within our business schools and if we are hardwired as compassionate social beings or as self-rational utility maximizers.  What do you think?

Drea Knufken, Business Pundit: 10 Essential Twitter Tools For Business - Have you caught the Twitter bug?  If so, Drea has a great post up highlighting 10 must-have Twitter tools for business professionals. 

April 10, 2009

This Week's Featured Possibility Maximizer

Every Week I like to feature an online resource that I feel will help you to Maximize Possibility in your organization and your life at work.  Today I would like to share a special event that I have the pleasure of hosting next week.

The Resource: The Carnival of Human Resources

What it is:  The Carnival of HR (COHR) is a bi-weekly blog carnival with a new blogger hosting the carnival at their blog every other week.  Fellow HR and talent management bloggers send a selected post from their blog to the host who then sorts the submissions and presents them to the world to enjoy. 

Why You Should Check it Out:I look forward to the COHR every other week because it is not often one is able to browse such a diverse and content rich collection of industry blogs all in one place.  The Carnival of Human Resources is also one of my go-to places for finding new bloggers that weren't on my radar before.  It never ceases to amaze me how many great bloggers there are that I have yet to discover!  The carnival is also a great way to keep up with the industry's leading bloggers to see what topics they are writing about and submitting.  All told, the Carnival of HR is an exciting collection of reading enjoyment that one simply can't afford to miss out on! 

As I mentioned before, I have the esteemed pleasure of hosting the next installment of the Carnival of Human Resources on Wednesday, April 15th.  Be sure to tune in for a live taste of the carnival action right here at the Maximize Possibility blog!

If you would like to be a part of the action and submit a blog post, please send you submission to news@therainmakergroupinc.com by close of business on Tuesday April 14th.

April 08, 2009

Calling All Carnival of HR Submissions!

Carnival The Maximize Possibility Blog has the esteemed pleasure of hosting the next installment of the Carnival of Human Resources on April 15th, 2009. 

Join the fun and send your best blog posts to news@therainmakergroupinc.com by 5pm CST on Tuesday April 14th to be a part of the next carvnival!

April 05, 2009

Blog Carnivals Abound!

Carnival A couple of great blog carnivals came out this past week.  For your reading and learning enjoyment, be sure to check out the latest Carnival of Human Resources hosted by the gang over at Fistful of Talent as well as the latest Carnival of Leadership Development hosted by Dan McCarthy. 

Enjoy!

The Rainmaker 'Fab Five' Blog Picks of the Week

With all the great posts hitting the Blogosphere this past week on the topics of leadership development, talent management, and human resource management, I would like to point you to five blog posts that I consider to be the best of the best for the week of March 30th to April 5th, 2009.

Jon Ingham's Strategic HCM Blog: Creating Value Through Employee Engagement - Jon published a handful of great posts over the past week on the importance of employee engagement to an organization's success.  Having looked at what employee engagement is and how to measure it, Jon turns his attention to encouraging employee engagement that delivers considerable value to an organization's bottom line.

Lance Huan, Your HR Guy: Raging Against SHRM Isn't Solving HR's Problems - If you work in HR, there is a good chance that at one point or another you have raged against human resources' official representative body: The Society for Human Resource Management (SHRM).  Liberating as it may feel to blow off steam in a string of four letter words, Lance wants to remind you that raging against SHRM isn't solving HR problems and that the HR pros on the front lines are the ones responsible for solving HR problems. 

Wally Bock, Three Star Leadership: What You Should Really Learn From Jack Welch - Jack Welch is one of the most well know business leaders of our time.  His leadership philosophies are also some of the most misunderstood and controversial business practices referenced in contemporary business writing today.  Wally Bock cuts through the confusion and distills what you should really learn from Jack Welch.

Gautam Ghosh on Human Resources: HR Should Listen Before Acting - Gautam shares a reader's comment on his recent blog about how important it is for HR to listen before taking action. 

John Agno, The Leadership Blog: Talent or Hard Work - Often times we assume that the most successful people in society got to where they are as a result of abundant natural skills and talent.  Working off the concepts found in Malcolm Gladwell's latest book, Outliers, John Agno contrasts the differences between talent and hard work when it comes to being successful. 

April 03, 2009

This Friday's Featured Possibility Maximizer

Every Friday I like to feature an online resource that I feel will help you in your quest to Maximize Possibility in your organization and your life at work.  Today I would like to share a top notch human resource and talent management research site.

The Resource: Towers PerrinThought Leadership Articles and White papers

What it Covers: Through its Thought Leadership feature, Towers Perrin publishes a great collection of human resource and talent management articles and white papers on a variety of industry topics and issues.  Towers Perrin really runs the gamut when it comes to putting out HR research, publishing articles and white papers on topics such as employee engagement, hiring and retention best practices, talent management strategies in a down economy, and the role of HR in an increasingly interconnected and global marketplace - just to name a few. 

Why You Should Check it Out:  I never cease to be impressed with the degree of high-level thought processes and research that goes into the articles and white papers that Towers Perrin publishes.  You will be hard pressed to find any "fluff" in the content that it releases.  I am confident that you will also enjoy the case studies that Towers Perrin releases as they serve as excellent reference guides on topics your organization may be grappling with or initiatives it may be considering. 

Bottom line, Towers Perrin is a top-notch talent management research and information site that consistently publishes high quality content that every HR professional should be keeping up with.

Head on over and check it out for yourself!

 

April 02, 2009

Pay for Performance and the Business Week 50

Business Week just came out with their 2009 Business Week 50.  What was found in common amongst the year's BW 50 companies...

...a good number have developed pay-for-performance cultures. At Nucor, IntercontinentalExchange, Fastenal (FAST) (No. 19), and Expeditors International of Washington (EXPD) (No. 28), employee salaries are nothing special—and in some instances they are below average for their sectors. But each of those companies supplements miserly salaries with generous incentives based on such metrics as profits and customer satisfaction.

Companies get what they seek...  Mediocrity or results.

Mediocrity - Some companies seek a "family atmosphere" where accountability is minimal and everyone gets paid the same.  The net impact is high performers quickly figure out that the performance bonus they should be receiving is actually being split up amongst the "family".  The result is the high performer either quits performing highly or quits and seeks employment where their performance will truly be rewarded. 

Results - A "pay-for-performance" culture creates the kind of results profit-maximizing companies seek.  Perform and you shall receive the performance bonus.  If you are a low performer, you will starve to death.  Low performers then leave for "greener pastures" - companies who pay a higher base and lower performance bonus.

I often see some combination of three significant performance bonus mistakes.  The three mistakes are failures to...

  1. Benchmark the job and select the right talent in the first place.  The wrong talent will lead to low / poor performance results.

  2. Create strong incentive for performance by weighting the performance bonus more than the base compensation leads to lower relative performance.  Why "go the extra mile" if you already have the bulk of the compensation in your back pocket.

  3. Keep performance bonus compensation "pure".  I often see base compensation disguised as the performance bonus.  Quite often companies basically give away 50 percent or more of the performance bonus as an "automatic" rather than something that must be earned.  Rational human beings come to expect the 50 percent of the performance bonus.

High-performing companies experience results that come as a result of:

  • The degree the talent fits the job
  • Understands what is expected of them
  • Accountability leads to performance.

Now go Maximize Possibility!

Other blog posts you may be interested in:

11 Ways to Use the Recession to Recruit and Retain the Best Employees

Is Brown Nosing Encouraging a Culture of Mediocrity

2009 - Your Job is Value Creation

Does HR Really Want to Reduce Turnover?

Chris Young helps organizations Maximize Possibility through talent management, cultural transformation, and strategic intervention.  Bring Chris in today!

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Copyright 2009, Chris Young - The Rainmaker Group, Inc.

March 29, 2009

The Rainmaker 'Fab Five' Blog Picks Of The Week

With all the great posts hitting the Blogosphere this past week on the topics of leadership development, talent management, and human resource management, I would like to point you to five blog posts that I consider to be the best of the best for the week of March 23rd to March 29th, 2009.

Steve Roesler, All Things Workplace: Can You Pass The Cicero Persuasion Test? - Anyone looking to climb the organizational ladder quickly finds that persuasion and empathy are among the most important skills that one can cave.  Steve takes a look at the art of persuasion through the eyes of one of our oldest and wisest philosophers - Cicero - and asks if you can pass the Cicero persuasion test.

Bob Sutton, Work Matters: Revenge Versus Indifference: The Virtues of Letting it Go - With a seemingly endless stream of media headlines uncovering the less than scrupulous behavior by the leaders of our nation's largest companies, it is easy to get caught up in one's emotions and find oneself downright angry at these individuals and wanting revenge.  Bob Sutton examines our inclination towards revenge and points out some of the downsides of chasing these charged emotions.

Drea Knufken, Business Pundit: 10 Ways to Make Better CEOs- Drea weighs in with a great list of ten suggestion for how organizations can create and develop better leaders in this critical position. 

Seth Godin's BlogGetting Serious About Your Meeting Problem - Seth wants you to get serious about your meeting problem that is robbing you from hours of productive time and provides nine tips for you to follow if you want to make more out of your meeting time.

Carmine Coyote, Slow Leadership: What it Takes to be a Genuine Leader - Carmine Coyote responds to a "sobering" article from Management Issues and provides thoughts on what it takes to be a genuine leader.

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