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[LeadersWorkshop] Article:- The 5 Biggest Hiring Mistakes

[LeadersWorkshop] Article:- The 5 Biggest Hiring Mistakes

 

Hiring the right people is critical for any business but especially for a small company with relatively few employees.  Hiring mistakes not only waste time and money, they create a ripple effect that impacts other employees and your business.

Here are five hiring mistakes you absolutely must avoid:

1.  Thinking you can change a leopard's spots.** All employees typically must follow company rules and guidelines, whether formal or unwritten.  Still, some people can't — or won't.  The outstanding salesman with the incredible track record of generating business and terrorizing admin and support staff won't immediately play well in your sandbox just because you hired him.  The kid who works Dracula hours fueled by Mountain Dew and Cheetos won't magically transform into a model Mr. 8-to-5.  For some people the work itself, and how they perform that work, is what matters most — not the job.  Don't think you can change them.

Instead: Two choices:  One, decide you will accept the total package.  If you desperately need revenue you might decide to live with the proven sales superstar's prima donna behavior.  Or letting the valuable programmer work nights may be okay even if everyone else works day hours and communication will be less than optimal.  But if you're not willing to accommodate or compromise, pass.  There is no middle ground.

2.  Hiring for skills rather than attitude. Skills and knowledge are worthless when not put to use. Experience is useless when not shared with others.  The smaller your business the more likely you are to be an expert in your field; transferring those skills to others is relatively easy.  But you can't train enthusiasm, a solid work ethic, and great interpersonal skills — and those traits can matter a lot more than any skills a candidate brings.  (According to this Leadership IQ study, only 11% of new hires fail in the first eighteen months due to technical skill deficiencies.)

Instead: If in doubt, always hire for attitude.  A candidate who lacks certain hard skills is cause for concern; a candidate who lacks interpersonal skills is waving a giant red flag.

3.  Selling your business. You absolutely need employees who want to work for you.  That's a given. But never try to sell a candidate on your company.  Why?  1) Good candidates have done their homework; they know whether your company is a good fit, and 2) You skew the employee/employer relationship from the start.  An employee grateful for an opportunity approaches her first days at work much differently than an employee who feels she's doing you a favor by joining your team.

Instead: Describe the position, describe your company, answer questions, be factual and forthright, let the candidate make an informed decision… but never sell.  The right candidates recognize the right opportunities.

4.  Hiring friends and family. I know:  Some successful businesses look like a perpetual family reunion.  Still, be careful.  Some employees will overstate a family member's qualifications when making a recommendation. Their heart may be in the right place, but their desire to help out a family member doesn't always align with your need to hire great employees.  Plus friends and family see each other outside of work, too, increasing the chances of interpersonal conflicts. The smaller the company, the greater the potential impact.  And one more thing:  Two brothers in a five-person business may just wield more effective power than you.

Instead: Either set up an appropriate policy, like "no family members in the same department," or do an incredibly thorough job of evaluating the candidate. In general establishing and following a policy is the cleanest solution if only because you will never appear to favor one employee's request to interview a friend over another.

5.  Ignoring intuition. Nothing beats a formal, comprehensive hiring process — except, sometimes, intuition.  Always weigh impressions against qualitative considerations.  And feel free to run little "tests."  I always took supervisory candidates on an informal tour of our manufacturing areas.  Sometimes employees would interrupt to ask a question; I stopped because employees always come first. A candidate who appeared irritated or frustrated by the interruption was a cause for concern.  Same with a struggling employee, say one who got behind while stacking boxes. I would naturally pitch in while still talking to the candidate. Most would also pitch in, some self-consciously in an obvious attempt to impress, others naturally and without affect.  (It's easy to tell who automatically helps out and who does so only because you're watching.)

Instead: Let your experience and intuition inform your hiring decisions.  And don't be afraid to conduct your own tests.  A classic is the waiter test:  How someone interacts with a waiter (or anyone in a position to serve them) is often a good indication of how they will interact with your employees.  You know the intangible qualities you need in employees; determine a few simple ways to see if a candidate has or lacks those qualities.

Bottom Line: If in doubt, cross 'em out. Everyone makes hiring mistakes, no matter how hard they try.  Never put yourself in a position to look back and think, "I knew I shouldn't have hired him…"

**I stole this expression from a friend.  Years ago he and his then-wife entered marriage counseling.  At their first session she started listing his faults.  After a few bullet points he stopped her and said, "How important are those issues to you?"

"Very," she replied.  "These are all things that absolutely have to change."

He stood, headed for the door, and said, "Good luck with that.  Spots on a leopard, baby.  Can't change 'em.  Ain't gonna try."

It should come as no surprise that fifteen years later he's still single.

Thanks to Jeff Haden / BNet / CBS Interactive

===========================

http://ziaullahkhan.blogspot.com/2011/06/5-biggest-hiring-mistakes.html

 

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[LeadersWorkshop] Article:- Nurturing Employee Engagement In Flat Organizations

[LeadersWorkshop] Article:- Nurturing Employee Engagement In Flat Organizations

 

Established organizations continue to flatten the organizational pyramid through eliminating managerial layers and upping the subordinate/superior ratio from the classic 6:1 to 12:1 and higher. Newer companies stay flat from the get-go.

One consequence is that a traditional workplace acknowledgement - the promotion - is becoming rarer as opportunities for internal upward mobility are reduced.

A promotion typically entails (along with more responsibility): a new title, more personal workspace, more money, a new peer group and increased authority. With this reward not as readily available to a manager as a tool for attracting and keeping people, the manager must use personal leadership to meet the responsibilities of company growth and employee retention.

A leader is always looking to align an employee's personal goals and growth with company objectives. And an employee wants to know that the manager has the employee's best interests at heart. Given that most adults spend close to 50% of the waking hours "on the job" (plus thinking about it during off-hours as well), a leader's ability to identify common ground between employee and company is key.

This common ground encompasses three company elements: culture, challenge and compensation.

* Culture – Does the company's day-to-day environment of communication, teamwork, openness, attitude and trust encourage the employee to contribute and meet their job responsibilities?
* Challenge – Is the employee learning new skills and acquiring knowledge during the course of meeting their job requirements?
* Compensation – Given the culture and opportunity for personal/professional growth, are the compensation and benefits fair?

A leader will take these three elements and frame each of these as personal questions:

* In our company's culture, am I encouraging trust and openness through my thoughts and deeds? Am I communicating the necessary information for my team to understand the importance of their work within the overall company and that team members regularly receive feedback around their contribution?
* In creating challenge and helping my people grow, do I give them projects that expand their role and create opportunity to learn new skills and acquire new knowledge?
* Am I doing everything I can to compensate my team members through pay, vacation, perks (ballgame tickets, flexibility for personal appointments etc.) in return for their commitment to me and the company?

Surveys show employees don't quit companies – they quit their boss! A leader, committed to their team members and focused on synthesizing and nurturing these three elements, will improve their odds of keeping good employees producing for their team and their company.
 
Bernie is an executive coach and business development consultant with 30 years of corporate experience spanning multiple business sectors. His business acumen includes leading sales, marketing, product management and technical services organizations, with companies ranging from entrepreneurial startups to small- and medium business to international enterprises, across industry sectors such as information technology, resources and manufacturing, consulting and engineering services. Bernie is known for his ability to identify and clarify the key issues in situations faced by his clients, and draws on his extensive management and coaching experience to provide a strong leadership performance context to his coaching engagements.
 
Thanks to Bernie Schmidt / Evan Carmichael
=====================================================
 
 
 
 
 

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[LeadersWorkshop] FW.:~~~~~~~~~~~..The Secreat Of Money....

[LeadersWorkshop] FW.:~~~~~~~~~~~..The Secreat Of Money....

 

 
The monetary system with interest at its base and debt as its collateral theme strikes at the base of democracy.
Since we have this system, there is no democracy in the world.

Money is essentially a creation of Mind.
Money is a vital force, mentally organized, spiritually sanctioned acting in the material plane.
If we can widen ourselves and see money related to us as related to the wider social collective,
we are part of, money will flood all the participants.

The more we perceive the social power of money and align ourselves with that wider
social movement in a given moment, the more we become instruments for its arrival,
both for ourselves and the collectives we are part of.

Every human organism will have something which others don't have,
and lack something which others possess. This creates the need for interchange.
This constant and repeated interchange driven by this law of interdependence creates a
 circulating force in the vital life of humanity. A fluid force of circulating interchange is the
 essential nature of the money-force. Thus we can see that money is a universal force proceeding
from a universal law of life.
No one seeks money, except a few foolish misers, for its own  sake. We seek money because it
fulfills some human need or desire. The nature of this need or desire changes as we progress
 in the path of human evolution.

Thus, Money or the financial force has three dimensions.
 First is the material dimension, which is the currency note or dollar;
 Second is the vital dimension, which is the circulating force, created by the interchange
of goods and services;
Third is the psychological dimension made of desire for fulfillment.
In a quantitative sense, the velocity of circulation of the vital force behind money
is an important factor in the prosperity of a community.
The more it circulates, and faster, the more it grows
.
 
But for a balanced prosperity it must be a productive circulation which adds tangible
wealth to the community or fulfill legitimate human needs and not a speculative circulation
which fills the pockets of a few financial manipulators. When the needs are predominantly
physical, as in most of the tribal communities the economy is simple and primitive.
If the desires are mainly material or sensuous enjoyment and the driving motives are the
greed for wealth, power, enjoyment or self-interest of individual and collective ego, the
quality of the economic life still remains gross, though less primitive and simple. If the
 technological and pragmatic mind of the community is well-developed, the economy
 may be more efficient and productive, but if the desires and motives of people are
 material, sensuous and exclusively centered around the competitive self-interest and
 greed of the individual and collective ego of the vital being in man, then it will not
 lead to any qualitative improvement in the economic life; it will also be subjected to
all the turmoil, turbulence and instability of this part of our human nature, full of scams,
 meltdown, depressions, swings in "sentiments" leading to irrational booms and busts in the stock-market.

And truly Money has no value unless it circulates.
For each and every one, money is valuable only when one has spent it....
 But the most generous man in the world could give nothing if  he had nothing to begin with...
.One must have the power to accumulate in order to have the power of spreading.
 If you have only one of the two, that causes an imbalance.
One must have both in a balanced, rhythmic movement-the equilibrium we just spoke about.
What is the motivation fueling this circulation?
It is the motivation that needs to be addressed to produce better money.
http://www.khanacademy.org/video/velocity-of-money-rather-than-quantity-driving-prices?playlist=Finance
 
 
 
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[LeadersWorkshop] Fw:~~~~~~~ Amazing Business Facts that you Hardly Know About Facebook

 

 Amazing Facts that you Hardly Know About Facebook

 

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Rajendra.Deshpande.
Digital marketing. 
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[LeadersWorkshop] Learn from the Respected Donkey

[LeadersWorkshop] Learn from the Respected Donkey

 

 
The Respected Donkey
A village potter used to make pots and planters. He would go to a near by town to sell his wares. He had a donkey on whose back he would load the pots etc.
Diwali was fast approaching, so the potter decided to make some statues of Lord Ganesha and Goddess Lakshmi, to sell in town. He made some beautiful statues and painted them in bright colours. He then loaded them on to the back of his donkey and set off towards the city.
On the way, he crossed many people. They would invariably fold their hands and bow to the statues of Ganesha and Lakshmi. By the time they reached the city, many people had bowed their heads before the deities.
They reached the exhibition ground where the artisans could exhibit their things. Soon the potter was able to sell his statues for a good sum. He was pleased indeed!
The potter took his donkey by the muzzle and set off on the road leading back to the village. Every time they would cross anyone, the donkey would stop and preen himself prettily as if he were a model. But what was the matter! No one seemed to as much as glance at him! Why were people not bowing their heads before him anymore? Desperate to catch their attention, the donkey started to bray louder & louder...
He-haw, he-haw...... He went on. The passers-by started pelting stones at him in annoyance. The potter was bewildered too.
The poor donkey had thought that everyone was bowing to him, little realizing that their reverence was directed to the idols of God tied to his back and not to him!
Many of us make this mistake. A person occupying a seat of power, often finds people saluting him. If he thinks that the salutations are in his honour, he is living in a fool's paradise, like the donkey in the story!
The respect is given to the chair and not to the person occupying it. As soon as he steps down from the position, the people around him vanish.
Frogs croak only when it rains, as soon as the rain stops, they vanish.
 
 
SREE NIDHI S K
Director - Oscar Murphy International, Singapore & India
Behavioral Trainers, Coaches & Attitudinal Change Catalysts
Reg Director (Asia) - AATD - Accredited Alliance for T & D, USA
Email: sree@oscarmurphy.com
Gain a Intl Certificate, a Diploma or Accreditation in T & D
Phone: Mobile: 91 9901983545 Office: 91 80 41718771 / 772
Web: http://www.theassessmentworld.com & www.oscarmurphy.com
Changing Attitudes Reaching Effectiveness

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[LeadersWorkshop] Fw: ~~~~~~~~~~~~~~~~~~..Sensing a loosing Sale..

[LeadersWorkshop] Fw: ~~~~~~~~~~~~~~~~~~..Sensing a loosing Sale..

 

 
 ~~~~~~~~~~~~~~~~~~..Sensing a loosing Sale..



Five Signs You're Losing a Sale --
 And How to Save It
 By Jane Porter|

Marla Kaye could not afford to lose this deal. She had watched sales at You Name It Promotions, her Oakland, Calif.-based promotional products company, drop by more than half since the start of the recession--from $3.5 million in 2007 to $1.5 million last year. When a six-figure sale to a new client seemed about to fall through this spring, she had to act fast.
The technology company Kaye was courting wanted a customized USB drive with its brand name on it to hand out at trade shows. When Kaye, 58, found out the client was planning to go with a cheaper bid from a competitor, she stepped her offering up a few notches--shaping the device like the company's logo and loading it with files about its product. "I said, 'Give me a chance to show you why what we do will stand out,'" she says. "We saved it by doing more work than just answering a bid."

Having a keen eye for when a sale is going sour takes savvy. Here are five red flags and
strategies for saving the sale:

No. 1: If a Potential Client Seems Indifferent.

A client who is interested in doing business with you should have questions and concerns. If they don't outright reject you but don't have any questions either, be on the alert, warns Victor Cheng, author of the book Extreme Revenue Growth (Innovation Press, 2007).
To resolve this problem, he suggests creating more of an advisory relationship with clients. You can let them know that you'll help either to solve their problem or point them in the direction of another business that might be a better fit. Offering to help people find other vendors might seem counterintuitive, but it can go a long way to earn the trust you may need to win over a client, Cheng says. "People will share more with an advisor than a salesperson. It's more of a dialogue than a broadcast."

No. 2: If There's No Hard Deadline For a Decision
Having urgency around a sale is
important, Cheng believes. Early in the process, ask potential clients about their timeframe. You want to prioritize those companies that have a hard deadline.
You can find ways to firm up deadlines, says Rich Sloan, co-founder of StartupNation.com, a Birmingham, Mich.-based business-advice website. He suggests limited-time offers or discounts to create urgency around a sale. "The only way you get someone engaged is to find their buttons," Sloan says. Perhaps point out what the competition is doing, or identify the financial risk involved in not acting quickly on the sale.

No. 3: If You Aren't Dealing With the Decision Maker
You may start out talking with a junior-level employee who is vetting options, but beware if you aren't put in touch with the decision maker after a few conversations. It's probably a sign the company isn't serious about buying, Cheng says.
Getting past that roadblock can be challenging. The bigger the organization you are dealing with, the more layers of management you likely will have to penetrate, Sloan says. He recommends creating a presentation that your initial contact can easily show to upper management. You also might request a quick conference call with the senior-level person involved. "It's a sticky situation because you need to be respectful of the person you are talking to and not undermine them," Sloan says.

No. 4: If Your Price is Too High
People generally object to a price because they believe they can find the same product or service for less or because you're trying to sell more than they need, Cheng says.
If your competitors are offering a lower price, focus on how you can provide added value, as Kaye did with her customized USB. But if you're offering more than a client needs, you may need to scale back the initial proposal, Cheng says. You also could offer creative payment alternatives, Sloan suggests, such as incentives on the first purchase if the customer continues to buy more.

No. 5: If You're Asked For a Proposal Instead of a Conversation.
When potential clients ask for a proposal before agreeing to talk with you, it's usually a sign they're simply gathering price quotes from vendors, Cheng says.
Before submitting a proposal, ask what the client is looking for and what criteria will be used to make the decision. Reaching a verbal understanding on those issues increases the likelihood that you'll get the sale. "The problem with a proposal is there is no chance for them to tell you what is wrong with it," Cheng says, "as opposed to working through all the nuances verbally.".
 
 
Rajendra.Deshpande.
Trainer.
                                            
        
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[LeadersWorkshop] The Basic Theory of Learning with Stories

 

The theory behind learning and encouraging behavioral change with stories is complex and, as with all matters regarding the working of the human brain, there is still much research to be carried out before it is fully explored, understood and explained. In brief, stories are taken in and understood at the first attention level. This first attention level occurs when the brain is in beta state. The diagram link below shows the four basic brain states.

When a person listens to a story, both sides of the brain are working. The left brain is processing the words while the right brain is actively filling in the gaps. This is the reason why it is so important to read to children, to allow their brains to imagine the story rather than using television and films for all their learning. Good story writers carefully choose visual, auditory, kinesthetic and olfactory words to give the story depth and to stimulate the right brain to enrich the meaning of the story and store it in the memory for easy recall.

The information in the story can also be captured at the second attention level as the brain searches for a deeper meaning. At this level, the right brain is often favored as relationships and patterns are developed. Processing can be in either the beta or alpha state but it is an unconscious process - that is, we are not aware that we are doing it. The second attention level is where the story is reformulated to have personal relevance. Sometimes the story stays at this level and causes unconscious behavioral change, or it can rise into the first attention level through an 'A-ha!' reaction.

It is vital that the story, myth, legend or whatever is chosen, is selected carefully. Ideally the story should be easily understood at the first attention level but stimulate a search for a deeper meaning at some time in the future.

For more information: You can read the  Nelson Mandela's book, Long Walk to Freedom (Mandela, 1995) illustrates exactly how this process works.




Cheers.. !!!

"Develop a passion for learning. If you do, you will never cease to grow..."
 Bik@sh...

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[LeadersWorkshop] Article:- 51 Tips For Sales Leaders From The Sales Consulting Industry

[LeadersWorkshop] Article:- 51 Tips For Sales Leaders From The Sales Consulting Industry

 

This post is written for sales leaders who describe themselves as students of the craft.  You do not have time to comb through hundreds of blogs, books, magazines, articles, podcasts, tweets, etc. to find that one nugget that you can use today.  Yet, you are competitive and want to know more than the next guy. Our sales consulting firm can play the role of "curator" and net it out for you.

The origin of this post was a journal containing the most commonly requested topics to be written about on our blog. As our subscriber base has increased, so too have the requests, making it difficult for our sales consulting firm to keep pace.   The most logical way to respond to each request is the Tip List.

Here it is.  Enjoy.

51 Tips for Students of the Craft from the Sales Consulting Industry

  1. Make sure you have channel ready content before launching a channel enablement program.
  2. Convert your Ideal Customer Profile into Buyer Personas.
  3. The most effective sales process reinforcement tool is the win/loss review.
  4. Prioritize recycled leads over all other leads sources.  Third time is a charm.
  5. Fill lead development rep positions before filling sales rep positions.
  6. When qualifying a lead, understand the difference between interest and intent.
  7. Have both commissions and bonuses in your comp plan.
  8. Properly weigh comp plan variables.  You are signaling to the field what is important to you.
  9. Match web form submissions to 3rd party databases to see if they are real people.
  10. Keep the lead scoring algorithm SIMPLE.
  11. Tie quotas to the potential of a territory.
  12. Last year's revenue production is an unreliable input into this year's quota.
  13. Event based sales training does not work.
  14. Hiring 'A' players takes more than a 1 hour interview.
  15. New hire time to productivity is most effected by territory composition.
  16. Don't read any sales best practices written pre-internet. They no longer apply.
  17. Stop calling inside sales inside sales.  It is demeaning and no longer accurate.
  18. There are 2,000 hours of selling time per rep per year. 50 weeks x 40 hours/week.
  19. Single purpose roles are outperforming multi-purpose sales roles.
  20. Centralized lead gen outperforms decentralized lead gen.
  21. Knowing how to do something is more important than knowing what to do.
  22. ¾ of selling costs are labor costs.  Get sales force sizing correct.
  23. Too many sales people will make the CFO unhappy.  Too few sales people will make the CEO unhappy.
  24. Learn your customers' meeting preferences- face to face, over the phone, or web based.
  25. Making decisions with your gut no longer makes sense.  There's lots of data at your fingertips.
  26. Mystery shop your competitors. How do they sell?
  27. Make sure your best reps are on your best accounts.
  28. Don't buy software (CRM, Marketing Automation) until you have a process defined.
  29. Leading indicators are better than lagging indicators. Which metrics are you looking at?
  30. Garbage in, garbage out.  Don't let your reps pollute your data.
  31. SFDC works for your sales team. Your sales team does not work for SFDC.
  32. Forecasting without a sales process is like building a house without a blue print.
  33. Only the buyer can move from one stage to the next in a sales methodology. A rep cannot.
  34. Mckinsey says ¾ of Solution Selling roll outs have failed.  It no longer works.
  35. Make sure your sales managers are impacting the business, not just reporting on it.
  36. A sales process without job aides is like a dentist without tools to clean teeth.
  37. Only a customer can determine if they are a Key Account. You cannot.
  38. In strategic account programs, less is more.  If you have more than 25 accounts in the program, double check it.
  39. Selling services is different than selling products.  It requires two separate sales methods.
  40. By the time you get the sales appointment, the customer has done lots of research.
  41. Opening a presentation with a company intro slide is like walking into a bar with your resume stuck to your forehead.
  42. All of your customers are on social media.  Get out of denial.
  43. Not all channel partners are created equal. Treat them differently.
  44. Channel success is not signing new channel partners.
  45. A channel manager role is not a "relationship manager".  Generate incremental revenue or go home.
  46. Make sure every sales call has a call objective prior to beginning.  Simple but often overlooked.
  47. Prospects will Google you before agreeing to do business. What will they find?
  48. Buyers cannot be sold. Buyers buy.
  49. Great processes executed by below average people results in failure.
  50. Great people with no process support results in failure.
  51. Sales excellence = great people placed in optimized performance conditions.
Thanks to Greg Alexander / Sales Benchmark Index / Sales Force Effectiveness Blog
 
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