Thursday, October 20, 2011
HCL has a $1Bn Quarter, celebrates it with Free equity to Employees!
Thursday, June 17, 2010
20 Calls to Change Your Attitude
Thursday, April 22, 2010
Every one want's to be preped up.. motivated...
1. Have a cause
I can't think of a more powerful source of motivation than a cause you care about. Such cause can inspire you to give your best even in the face of difficulties. It can make you do the seemingly impossible things.
While other causes could inspire you temporarily, a cause that matters to you can inspire you indefinitely. It's a spring of motivation that will never dry. Whenever you think that you run out of motivation, you can always come to your cause to get a fresh dose of motivation.
2. Have a dream. A big dream.
"Only as high as I reach can I grow, only as far as I seek can I go, only as deep as I look can I see, only as much as I dream can I be."
Your cause is a powerful source of motivation but it's still abstract in nature. You need to make it concrete in the form of a dream. Imagine how the world will be in the future. Imagine how people will live and work.
Having a dream is important because it's difficult to be motivated if you don't have anything to shoot for. Just think about people who play basketball. Will they be motivated to play if there is no basket to aim at? I don't think so. They need a goal. You need a goal. That's what your dream is for.
But just having a dream is insufficient. Your dream must be big enough to inspire you. It must be realistic but challenging. It must stretch your ability beyond your comfort zone.
3. Be hungry
"Wanting something is not enough. You must hunger for it. Your motivation must be absolutely compelling in order to overcome the obstacles that will invariably come your way."
To be truly motivated, you need to have hunger and not just desire. Having mere desire won't take you through difficult times since you don't want things badly enough. In many cases, hunger makes the difference between the best performers and the mediocre ones.
How can you have hunger? Your cause and your dream play a big role here. If you have a cause you care about and a big dream related to it, you should have the hunger inside of you. If you think that you are losing hunger, all you need to do is to connect again to your cause and dream. Let them inspire you and bring the hunger back.
4. Run your own race
"I do not try to dance better than anyone else. I only try to dance better than myself."
Comparing yourself with others is an effective way to demotivate yourself. Even if you start with enthusiasm, you will soon lose your energy when you compare yourself with others.
Don't let that happen to you. You have your own race so how other people perform is irrelevant. Comparing yourself with others is like comparing the performance of a swimmer with a runner using the same time standard. They are different so how can you compare one with the other?
The only competitor you have is yourself. The only one you need to beat is you. Have you become the best you can be?
5. Take one more step
"Success is not final, failure is not fatal: it is the courage to continue that counts."
When you meet obstacles along the way, there could be the tendency to quit. You may think that it's too difficult to move on. You may think that your dream is impossible to achieve. But this is where you can see the difference between winners and losers. Though both of them face the same difficulties, there is one thing that makes the winners different: the courage to continue.
In difficult situations, just focus on taking one more step forward. Don't think about how to complete the race. Don't think about how many more obstacles are waiting for you. Just focus on taking the next step.
6. Let go of the past
"Finish each day and be done with it. You have done what you could."
Believe it or not, one of the best demotivators is your past. Your past can drag you down before you realize it. Your past can give you a heavy burden on your shoulders.
The good news is it's a burden you don't have to carry. Take it off your shoulder and leave it. You might make mistakes in the past. You might disappoint others with what you did. But it's over. It's already in the past and there's nothing you can do about it.
Today is a new day and you have the chance to start again. No matter how bad your past might be, you still have a bright future ahead waiting for you. Just don't let the burden of the past stop you.
Saturday, February 13, 2010
Perpendicular People, Jobs and Recruiting
The nature of organizations is transforming right under our noses, but most of us are too deep in the forest to see what is happening. Over the past 100 years business owners and human resources folks created the concept of a job as a way of looking at and doing work. We define a job as a set of skills, experiences, and activities that a single person does. We record that set of skills, experiences, and activities in a document we call a job description. The idea is that many people, each doing a little thing, will produce something larger and more complex than they could have produced themselves.
Recruiters and hiring managers look for the people who are very good at doing the "little thing." Recruiters and hiring managers use the lists of skills and experiences to search for people and assess them by looking for the ones that match the defined requirements.
This worked fairly well in the mechanistic, industrial world where there was some correlation between experience, training, and performance. In those kinds of organizations, it may still work well. But fewer and fewer organizations do this kind of work. Instead they need people who can do much bigger things and think more broadly. They are looking for out-of-the-box ideas and disruptive solutions to create innovative products and services and meet the far-more-complex needs of their clients and customers. They need people who are willing to experiment and take risks to find a disruptive solution. The old idea of cataloguing the required skills, experience, and activities runs out of gas. We don't know what these skills, experiences, and activities are; they change constantly and they are interdependent on others in our team.
Many recruiters to my knowledge already know this in their gut, but have trouble expressing it or explaining it.
They know that work is more cross-functional, requires more collaboration and sharing, and relies less on how things were done in the past. Jobs today are harder and harder to define as they are constantly morphing around us. Nothing remains constant for very long. Part of the reason we have lost 14 million "jobs" since the start of the recession is because of this confusion. The "work" these people were doing, for the most part, has not gone away. It has been diffused into the organization or been transformed into technology. In some cases it may have been sent somewhere else, but this is temporary until a way to automate or eliminate the need for it is found.
New jobs will have an expectation of scope, responsibility, and effectiveness that we have primarily only seen in law firms and consulting companies until now. These new jobs will not be static and will require an eclectic set of skills. For example, a very successful WordPress template creator, who works for himself, started out as a computer science major. He then moved to engineering and after a brief stint as a computer engineer became a graphic designer and typographer. This then led him to start a business writing code to create beautiful templates noted for their outstanding focus on fonts and colors. He combined several "jobs" into one, but had to start his own business to earn money doing it.
I believe that we will evolve to focus on roles people can take on, rather than on specific skills and experience. We will look for people who have the ability and the mindset to find where they can add value on their own. And people who can move from technical to soft areas with ease will be in high demand. Many companies are experimenting with putting people into role-based work. Google, for example, often assigns engineers to a team where they work out, with the team members, the role they will play. The same happens routinely at IDEO, the well-known design firm in Palo Alto, California.
Organizations are realizing that when people are assigned to or choose roles to play in an organization they are often more creative and efficient than when they are confined to the duties prescribed by a title or position.
I just happened to read an amazingly thought-provoking blog written by IDEO CEO Tim Brown. In it he talks about IDEO's quest for Perpendicular (T-shaped) people, who he believes are the engine of IDEO's creativity and success. He describes these people this way: the vertical shaft of the "T" represents the depth of expertise/skill that a person exhibits, while the crossbar of the "T" represents the amount they are willing and able to collaborate. People who are T-shaped are well-rounded and versatile. They are better able to contribute their ideas to a discussion and are able to take on a variety of roles. It's no wonder that IDEO is one of the firms pioneering the change to formalize role-based work and reduce the work that is based on position or title.
We have a ways to go to fully realize the potential of role-based work, as we are caught in a web that pays and promotes people based on such criteria as degrees, years of experience, time in the current position, and so forth. T-shaped people, free to take on different roles as work changes, are far more valuable than those trapped in rigid silos of scope and responsibility.
However, Baby Boomer/hiring manager attitudes about work, laws, and policies will have to change, and there will need to be sweeping changes in how human resources thinks about compensation, promotion, and development to fully transform organizations.
------------------Viral Thaker.
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Monday, December 14, 2009
Thursday, December 10, 2009
Implementing an Agile Methordology on Talent Management Strategy
In case you haven’t noticed, the economy has changed (Yes, I said “changed” - Not ruined! It’s recovering at a steady pace; but it’s definitely not like what it used to be).
It’s been up and down like a yo-yo for the last decade, a fact that led Time to declare the first decade of the new century “the decade from hell” in a recent cover story. If you work in talent acquisition, talent management or HR, this yo-yo pattern certainly isn’t news to you. Surprisingly enough, it’s times like these that present the best opportunity to become more strategic as more managers open their minds to alternative solutions to improve productivity, save money, and move their organizations forward.
With this blog post I intended to get you to rethink your current talent management strategy and to change it so that it better fits turbulent economic conditions and trends that are most likely to stick around for awhile.
Times Change; Strategy Isn’t What it Used to Be
As a seasoned recruitment professional and a HR Consultant to more than a dozen brands, I must remain knowledgeable on economic trends and the strategies organizations can leverage to survive and, in many cases, thrive during various economic situations. While some might argue that a PhD is needed to understand the complexities of the global economy, it is my opinion that it doesn’t take a great deal of education to realize that for as long as man has recorded details on trade, there have been oscillating cycles of growth and decline.
Let’s go back in history & you might remember (or read about) the recessions of 1970, 1975, and 1983, followed by growth spurts in 1977 and 1984. Despite blips here and there, the U.S. economy and the Western economies (Indian and Chinese in particular) have grown at a relatively stable rate for some time.
However, if you look at the deviations in growth, you would note that since 1983, the cycles of economic growth and decline have become much shorter and for the most part less severe.
The economy of today is turbulent, and will continue to be for sometime as more and more feedback becomes available in real-time enabling organizations (including governments and corporations) to adjust their economic activities more quickly. Instead of investing in growth for three years and containing costs for four, organizations will more likely find themselves growing for one quarter, contracting for two, growing for three, contracting for one, etc.
Prior to 1983 (I hope my study on the statistical data was more or less accurate), developing an effective HR strategy wasn’t easy, but economic conditions did allow for making plans three, five, and in some really rare cases 10 years out. There was no need to change the HR or talent management strategy. All you needed was a strategy with three modes: a growth mode, a “freeze” mode, and a layoff mode to match the three corresponding economic cycles. Organizations were much less complex decades ago, often operating in narrowly defined regions and businesses with similar cycles. When economic decline occurred, it hit the entire organization uniformly, meaning that if pay cuts were called for, everyone was impacted. Economic trends have changed, organizations have changed, and how organizations develop talent management strategy must change too.
Thriving on Chaos
Economists prefer to label this new turbulent economic environment as a “dynamic economy,” but the old Tom Peters catchphrase, “thriving on chaos,” might be a better description.
No matter what you call it, leaders are beginning to realize that the speed of change is increasing at a breathtaking rate. Products that used to have a lifecycle of five years might now only be viable for a few months. New ideas, products, or benchmark business processes that in the past could be protected for decades, are now copied, stolen, and possibly even rendered obsolete within weeks.
Workers who used to be loyal and want to work at a company for life have been replaced with a new generation that might consider three years at a single firm to be the equivalent of a lifetime commitment.
Some areas of knowledge are doubling in a year, rendering many skilled workers struggling to remain relevant or become obsolete within years of being educated. It may not sound like reality, but if you step back and take all the change around you, you would realize very quickly that the old way of doing talent management no longer fits.
Characteristics of a Chaotic Business and Economic Environment
This dynamic business and economic environment has four defining characteristics:
- A blinding speed of change: everything changes so fast that the things that worked well last year will not work at all next year.
- Dynamic of almost-impossible-to-predict change: rather than things evolving in a predictable way, so many options are now available in nearly every aspect of being that the direction of change has become irregular and almost impossible to predict. Plans or forecasts that deal with cycles greater than 18 months have no chance of being accurate.
- Inconsistent/non-uniform change: rather than things changing in the same way at the same time across the entire organization, some parts of the business and some regions are going up while others are going down.
- Obsolescence demands complete replacement: while in the past we could often refine or update existing products and processes to keep them viable, the new environment requires that most be shelved and completely replaced with a different approach. Routinely making obsolete your own products requires a level of innovation and speed that that must be classified as several levels above the historical continuous improvement model. Can you imagine one of your teenage children even considering using a perfectly operational reconditioned mobile phone that is two years old? In this new world, we don’t fix things. We replace them with the latest model.
Six Capabilities of Any Agile Strategy or Approach
Whenever you’re faced with a situation where the speed of change makes accurate forecasting and planning virtually impossible, there is only one feasible approach that can guarantee success. That approach is known as agility or Agile Project Management Methodology. Agility is a term that has been used by CEOs for years, but it’s now time that we embrace it in talent management and HR.
Agility calls for six major capabilities, including:
- Moving fast: reacting almost immediately to problems and opportunities.
- Accurate movement: moving fast isn’t enough; you also have to routinely hit your target while moving fast.
- Simultaneous movement: rather than waiting for one action to be completed before starting another, many actions must occur simultaneously (multitasking).
- Many directions: rather than moving in a single direction, agility means moving in many directions, probably at the same time.
- This and that: traditionally if you aimed for one goal (i.e. low costs) you would assume that another “counter goal” (i.e. high quality) would have to be sacrificed. When you are agile, you expect to reach both goals, even though they might be on opposite ends of what was traditionally considered to be possible.
- No new resources: traditionally, in order to do more, you needed more resources, but agility calls for using your resources more effectively with less waste and idle time. Minimum Inputs to get Maximum Output = Maximum Efficiency.
In fact, much like playing the carnival game “whack-a-mole,” being agile means more than just moving fast. It means in order to be successful, you must move fast, hit hard and accurately, but also while dealing with lots of uncertainty!
The Definition of an Agile Talent Management Strategy
An agile talent management strategy is a strategy that is designed to increase the overall productivity and capabilities of the workforce by rapidly shifting, in a coordinated manner, talent management approaches, tools, and resources in response to the dynamic economy, a changing talent marketplace, and the changing needs of your major business units.
It abandons an emphasis on the one-size-fits-all model in use by many organizations in favor of a one-size-fits-one model. It generally requires a significant increase in the use of contingent workers and alternative labor types. In executing an agile talent management strategy, organizations will need to be prepared to rapidly shift resources between talent management processes including recruiting, retention, training & development, redeployment and releasing “surplus” talent (Benched Resources or Talent), as business needs fluctuate.
Infosys to offer 13,000 jobs on campuses
IT major Infosys Technologies is likely to make 13,000 campus offers to fresh engineering graduates who are expected to join during the course of fiscal 2011.
Nandita Gurjar, Senior Vice President, Infosys said that they have already started going to campuses in about 700 engineering colleges. Infosys had made 20,000 offers to engineering graduates for the 2009 fiscal, though only around 75-80 percent of the students actually joined the company.
The Indian IT services industry has discontinued the earlier practice of selecting the students a year before they complete their graduation and is now visiting colleges in the final semester. According to the Infosys official, they would be closing the 2009 fiscal with around 18,000 freshers and 3,500 experienced hires and it is expected that the same hiring numbers are likely for the coming fiscal.
The compensation package for the students coming into Infosys from the next fiscal will be same as last year. The campus offers for the Indian IT industry had run into certain rough weather during the Financial Year 2009 with certain companies delaying the entry of these students and in some cases putting them on a different stream of work.
(Courtesy SiliconIndia news bureau)
Tuesday, December 8, 2009
Retention: Can You Really Keep Your Best People?
Good people know that even in a recession, they can find another position.
In fact, signs point to increased opportunities for currently employed people with specific skills and experience, and many of your top performers are most likely being actively recruited without your knowledge. As the stock market improves, so do attitudes about hiring. Every day I see signs that companies are starting to hire selected people more aggressively than they have over the past six months. Google has (or had) openings for 200 recruiters; do you wonder why? Facebook is ramping up hiring; wonder why? Even in Silicon Valley, the keenest firms are hiring people even when they don’t really need them!
Facebook, Google, and others continue to hire large numbers of top people for two reasons: first of all, to keep them from the competition. Top people employed by you are not going to be contributing to someone else’s’ success; and second, they are “stockpiling” talent to have it ready when things start growing again, which is already starting to happen.
In many areas, including healthcare, telecommunications, marketing, computer security, and computer engineering, demand remains strong. Biosciences and pharmaceutical companies are hiring, as are the movie and media industries despite layoffs, recessions, and slumping consumer demand.
So what can recruiters do about retention? Isn’t it a fact that once people are hired they are out of your hands? While this may be the case in some firms, I believe for most of us there are several ways to help your organization keep the best people and help yourself by reducing your workload and keeping your internal networks alive.
Most basically, you can make a real difference in any employee’s attitude who you have helped to hire. Employment is about relationships, and the strongest relationships are built on trust, respect, and open communication. As a recruiter, you most likely have an advantage with the employees you helped to hire. You spent time with them, got to know them more deeply than many others in the company, and may have given them advice about accepting offers or on how to deal with an interview. By simply checking in with these folks, you can get a sense of their mood, concerns, and what the issues are they may have with the organization. You may be able to change negative attitudes or to pass on information that might help “save” one of them from leaving.
But here are a few other things that you can do, as well.
Help every employee build a social network. Employees make friends and build relationships that can be strengthened or damaged during stressful times. Many employees stay at an organization because of who they get to work with, and many leave for the same reasons. We all know how powerful social networks such as LinkedIn, Facebook, and even Twitter have become, and companies can use these networks to promote employee interaction and teamwork.
Good organizations can even develop networks for those who have been laid off so that they can help each other and retain the connections they had when employed. By making these kinds of assets available, organizations not only improve their own reputation and brand and help former employees, but also reinforce the loyalty and motivation of employees who are still working.
Encouraging internal blogging, the use of virtual communications tools like SMS or IM, and the use of video conferencing to strengthen networks and extend them globally. Knowledge is a powerful retention tool, and naivety and ignorance can best be combated by sharing of ideas and experiences between people from many different firms.
Encourage constant and candid communication. Silence is the greatest enemy of retention. When management does not update the employees on the financial and business state of the company and when rumors can be counted by the minute, turnover goes up and productivity goes down. While some people (usually the “B” and “C” players) hunker down and hide, the best ones start looking. I can’t tell you how many excellent employees who are highly valued have left their employers because of business uncertainty. No one expects assurances or guarantees; what they hope for is an understanding of trends — are things better, the same, or worse? Are customers leaving? How is sales volume?
Make sure your management team is present, is as upbeat as it can be, and that every member of the executive staff is visible and concerned about every employee.
To maintain the employment relationship, employers have a huge responsibility. First of all they need to clearly know who their best employees are, keep them informed, help them maintain and develop skills, and encourage them to build networks and internal relationships.
None of these things cost much when compared to the cost of recruiting and developing new employees, and none of them are really very hard to do. But, to put them into place does require a change of mindset and a willingness to break (or at least stretch) the usual policies and rules that exist in many organizations. Good HR and good recruiting is all about treating people fairly, not necessarily the same.
Focus on internal placement and movement. Offer your best employees an opportunity to move within the company to jobs that may fit their skills and interests better, if that is possible. It is also a good idea to keep the bureaucracy to a minimum and remove time constraints. Lobby HR and hiring managers to look more intently and more honestly inside the company for talent rather than seeking it from outside. We know that the grass always seems greener somewhere else. It is part of a recruiter’s responsibility to push back and encourage managers to give internal people, even if they lack all the requirements for a job, a chance.
Encourage employees to update their skills all the time. In bad times, employees have time to soak up new information. Education and development are the cheapest retention tools in your arsenal. Locking people into degree or certificate programs is almost a guarantee that they will remain with your firm until they complete the program. Most will be loyal and thankful. And all of them will be better-educated and hopefully more productive employees. This is a big plus for the large organizations and you should be capitalizing on this right now.
But development can also occur through on-the-job development and through many informal networks and conversations. Every employer should encourage employees to share knowledge using social networks or communities of practice, and employers should reward managers who encourage their employees to take classes or take on new responsibilities.
Many employees who leave organizations are simply looking for a bigger challenge or the opportunity to use a new skill or degree. Smart organizations will encourage this and motivate managers to source and hire internally whenever possible and even if it will require a bit of training.
None of this is new or unique. Every recession sees the patterns repeated: the good performers leave, the average and poor hunker down and hide. But the good can be retained through active concern, HR and recruiter involvement and caring, and by proactive HR and employment practices.
Friday, October 30, 2009
75 percent Indian engineers unemployable: Nasscom
Wipro employs 95,000, Infosys 1,05,000 and TCS 1,43,000. Of the Fortune 500, only Wal-Mart in America adds more people annually than either Infosys or TCS.
Last year Infosys hired 28,231 people, including 18,000 graduates paid Rs.3 lakh a year. This year they will hire 20,000 at Rs3.25 lakh. Infosys is hiring though there isn't enough business. Currently, 30,000 people at Infosys are 'benched'.
Why are they still hiring and raising salaries? Because they cannot find competent people and due to this reason, this year Infosys increased its training of employees to 29 weeks. That's seven months of training. Why do they need so much training? And why is the quality of applicants so poor?
Infosys spends twice as much as its American competitors on training, four percent of revenue. Nine half-literates are produced by our colleges, by Nasscom's numbers, for every graduate of passable quality. What is Nasscom?s solution to this? It wants government to boost college enrolment from 10 percent of those in secondary school, to 25 percent. Nasscom knows that this will only increase the number of job applicants, not the quality, but there's no other solution.
India produces three million graduates, but Nasscom says that next year it will see a shortage of 500,000 graduates, because incompetents will swamp the rest.
Friday, October 23, 2009
Aricent, Sapient to hire 1500
"Customers are stretching their dollars, and outsourcing helps them do that. That's what's driving demand for fresh talent at present," says Prashant Bhatnagar, Director-hiring, Sapient. "Lateral hiring is back and there's plenty of demand for those with three to eight years experience," adds Rishi Das, CEO, CareerNet Consulting, a Bangalore-based headhunter which recruits for over 200 technology companies.
Many companies which are now hiring, had no bench staff or have increased their utilization and hence now need more staff as more work is being offshored. "It's like a food chain. Mid-level companies which have invested in niche skills and started with basic tasks like technology support are now capable of delivering complex work like product design," says another Mumbai-based Head Hunter, who did not wish to be named due to client sensitivity.
"Offshoring complex work helps global customers cut costs significantly. That's driving the current demand for experienced professionals."
Companies like Applied Materials, Volvo, Boeing, Bank of America, Amazon, the United Health Group and Societe Generale have farmed out work for new enterprise applications development, R&D, engineering services and professional services - like customised software development - among others, driving demand.
Tuesday, October 20, 2009
Who’s Responsible for Quality of Hire?
If not HR/recruiting, then who?
Most HR/recruiting execs would suggest hiring managers themselves as the likely assignee. Others would contend that HR/recruiting is responsible for the quality of the candidates, but managers are responsible for the quality of hire. Others would suggest there are too many variables to assign it to anyone.
Further confusing the issue is determining when quality of hire should be measured. If you do it before the person starts, you're measuring the sourcing and selection process. After the hire, you're measuring the hiring manager's management and leadership abilities as much as you are the candidate's ability to perform the job needs. Compounding the time variable is the measurement standard. If you use a different measurement technique for before and after, then you're left with a comparison between oranges and cell phones, or more likely, experience and qualifications vs. performance.
It's because of these complex issues that I believe that HR/recruiting must take responsibility for quality of hire. If not HR/recruiting, then who?
Here's my rationale behind the nomination.
- Maximizing quality of hire is the most important strategic role HR/recruiting can play. Other than maximizing on-the-job performance and retention, there is no more important role for the HR/recruiting department. Not wanting responsibility for this seems odd to an old recruiter like me. All the executives I've placed thrive on this type of challenge. Why would HR/recruiting be reluctant to take on — even demand — this responsibility?
- The CFO is responsible for the capital acquisition process, so why shouldn't HR/recruiting be responsible for the talent acquisition process? While the financial department doesn't select, install, and run the capital equipment it approves, it still manages the approval process and strongly influences the ultimate decision. This parallels the role HR/recruiting should play in the talent acquisition process.
- Having responsibility means the process is adhered to, not the decision itself. Developing and monitoring the hiring/selection process is the role of HR/recruiting. This means developing and implementing processes that ensure that the best candidates are seen and hired. There should be an audit process as part of this to ensure that the best decision has been made, and that if it has not been, the process is modified.
- There is a huge tactical and strategic cost to making mistakes. HR/recruiting needs to deal with all the mistakes, including finding replacements and dealing with the legal and employee relations issues. The opportunity costs of bad hires alone provides the rationale for some type of vigorous and auditable selection process. Who else could possibly lead this type of cross-functional effort?
- If not HR/recruiting, then who? Hiring managers should police themselves on quality of hire. Some do it, most don't, and even those that do, don't do it well. Regardless, there should be one standardized process that works and is used company-wide. This is the primary reason why hiring managers can only be held responsible for the successful performance of the person hired, not the process used. If some managers want to use their own process, they need to be held 100% responsible for mistakes, including the costs associated with this. This is one way to convince them they should use the approved process.
Of course, if HR/recruiting is given the responsibility for maximizing and measuring quality of hire, there comes some programs that need to be implemented to pull it off. Here are some quick recommendations:
- Stop using job descriptions to source and select candidates. If you describe the work that needs to be done and assess candidates on this, before and after the hire, you'll solve the dual measurement problem and reduce turnover dramatically. The primary reasons new hires underperform and/or leave is lack of understanding of real job needs and a poor fit with their hiring manager.
- Develop sourcing programs that target high-quality candidates, rather than eliminating the worst to see who's left. This is not insignificant. It means you must stop asking knockout questions and stop posting boring ads. The only reason companies ask knockout questions is to eliminate weak candidates who apply. If you change the sourcing paradigm to target great candidates, rather than hoping great candidates fall through the cracks, you eliminate the "eliminate the weak candidates" problem at the strategic level.
- Use a performance-based talent scorecard and evidence-based assessment system to measure pre-hire quality. Competency models and behavioral interviews are too generic and do not measure a candidate's ability and motivation to perform the actual tasks required for success. Instead, candidates should be evaluated across all real jobs, including their ability to work effectively with the hiring manager. Quantifiable evidence of consistent and comparable past performance needs to be the basis of the yes/no decision.
With this type of process in place, HR/recruiting's role then becomes one of ensuring that the process for maximizing quality of hire is being followed — not making the hiring decision. This is comparable to the authority given, or taken, by the CFO, in ensuring that capital expenditures are justified in some reasonable fashion. Maximizing the quality of every single hiring decision is the primary strategic role of the HR/recruiting department. If HR/recruiting wants a seat at the strategic table it should demand this responsibility.
Thursday, October 15, 2009
Forward slashes a mistake: 'www' Inventor (Tim Berner - Lee)
Nearly two decades after inventing the World Wide Web (WWW), British Scientist Sir Tim Berners-Lee has admitted that 'forward slashes' in Internet addresses 'were a mistake'.
Claiming the // at the front of a web address was pointless and unnecessary, Sir Tim confessed at a recent talk in U.S. that at the time of creating the WWW, he had failed to predict how much effect what he was producing would have on people now.
While speaking at a symposium organized by Finland's Technology Academy Foundation, and hosted in the Finish Embassy in Washington DC, on the future of technology, Berners-Lee said, "When I designed the URL (Uniform Resource Locator), this thing which starts http://, the slash was to indicate we're actually starting at the top, not starting down at the next slash. Really, if you think about it, it doesn't need the //. I could have designed it not to have the //. Boy, now people on the radio are calling it 'backslash backslash."
"People are having to use that finger so much. Look at all the paper and trees that could have been saved if people had not had to write or type out those slashes on paper over the years - not to mention the human labour and time spent typing those two keystrokes countless millions of times in browser address boxes," the media quoted him as saying.
Berners-Lee invented the web while working at the CERN particle physics laboratory in Switzerland 20 years ago. In his spare time, he developed a revolutionary idea of linking pages which he named World Wide Web, and launched the first website in 1991.
Monday, October 12, 2009
IT vendors to change strategy for domestic growth
Saturday, October 3, 2009
We Should Be Ashamed...!!
One particular friend of mine recently decided to switch jobs. He was not laid off and was not unhappy. He just felt the longer-term opportunity was better in a different place. Being a educated candidate, and with some advice from me and others, he laid out a plan. He started by asking friends about opportunities and also by choosing a few specific firms he might like to work at and finding LinkedIn friends who worked in those firms. The net result was referrals to a possible four or five potential jobs.
He then decided to check out the corporate websites of these few companies to see if the positions were listed. His first shock was at the poor quality of these sites. Most of them lacked good general information and offered nothing specific about the kind of work he was interested in. Only one of the sites listed the position he knew was open, offered little information about the position except the usual boilerplate, and then asked him to go through a tedious process of uploading a resume. None of them really learned anything about him or his referral. No questions, no interactivity, nothing. He didn't know what they really wanted to know about him, and they certainly weren't providing him much that was useful.
At this point he was already a frustrated potential candidate. While in no hurry to change jobs, he was the borderline passive candidate: sort of looking, interested, easy to recruit to the right situation, and totally unknown. He is also very competent and talented.
He had also given his resume to his friends to submit to the recruiting function and had even helped a friend upload his data into an employee referral site. Yet, after several weeks he had heard nothing at all of meaning. No email, no phone call. He tried to call several times only to receive a voice mail saying they would call back, but no one ever did. He kept checking with his friends and all the positions are still open more than six weeks later.
What is going on?
Here are my thoughts:
There is really no excuse for not dealing with candidates in a systematic manner. No matter how many apply, your systems should be capable of dealing with the volume or you should remove the job posting until you can handle it. By letting more people apply than you can review and answer, you are creating an irreversible degradation in your reputation, brand, and future ability to hire the best people.
Needless to say as a foundation your department needs a set of protocols and procedures that every recruiter follows. These should lay out enforceable requirements for response time to candidates, how referral candidates are treated, what is communicated, and how shortfalls are explained to people who are declined.
Other procedures should govern how many resumes are received for a position before no more are accepted and how these are reviewed and presented to managers.
Websites need to be clear and should be interactive, interesting, and engaging. They should answer the questions candidates are likely to have with honesty. Your rules and response protocols should be publicly displayed.
Until we respond with the kind of service candidates are accustomed to from retailers and other service providers, we should be prepared for a backlash of anger and disappointment that has only grown louder over the past year.
Wednesday, September 30, 2009
Holistic management: The Seven S model
A common adage in the management consulting business is that efficiency and effectiveness are completely different measurements.
An organization can be extremely efficient, getting high productivity from their workforce and producing their product or service with very little waste or churn, yet be totally ineffective in meeting their objectives if, for instance, their product or service is not accepted in the marketplace.
This difference is often distilled to the statement "EFFICIENCY is about doing things right, while EFFECTIVENESS is about doing the right things."
During my training and practicing of Six Sigma for last 2 years, I noted that Six Sigma is primarily focused on improving quality in areas such as manufacturing, sales, and customer service; in other words, on doing things right. It's not a strategic methodology, so it's not equipped to guide managers to examine their overall business model or strategy.
So how do consultants or managers step up a level from process to strategy?
Understanding the Seven S framework's basics
The Seven S approach is a framework that focuses on guiding managers to improving, not just our processes, but our entire strategic approach to the business. The model was originally proposed by Richard Tanner Pascale and Anthony Athos in their book The Art of Japanese Management; McKinsey and Company has adopted the model as the basis of its strategic consulting approach.
Key to the conceptual foundation of this approach is the premise that the enterprise is only effective and competitive when certain elements are optimized. This approach is holistic in the sense that it proposes that the firm must refine all of these elements and bring them into harmony in order to achieve its highest level of effectiveness.
So what are the Seven Ss, and how do they fit together to help consultants and managers improve business performance? Here's a brief walk-through of the attributes of the Seven Ss.
#1. Strategy: The overriding goal or objective that the enterprise wishes to achieve, and the course of action it intends to take to reach that goal. From the viewpoint of IT, the key question here is often about alignment. Are the activities of the IT staff focused on achieving the strategic goals of the organization? Is there a forward-looking IT plan or roadmap that illustrates how the IT function will drive towards to long-term strategic objectives of the firm? Is the CIO involved in strategy formulation or just an implementer?
Every IT professional has experienced situations in which a manager or executive becomes enamored of some technical solution, often sold to her by a sales representative as the "end-all fix", and IT finds itself devoting all its energies to implementing a product that is disconnected from the firm's strategic goals.
#2. Structure: The manner in which the enterprise is organized, and the relationships between the entities, such as departments, field offices, etc. Is the organization authoritarian, like the military, or decentralized or federated? How do internal processes and human resources work together to achieve the goals?
In my consulting experience, I've seen many firms that want to migrate to an e-commerce approach to sales, and yet see e-commerce enablement as a project, rather than as a structural problem that needs to be solved. No matter how great the e-commerce engine an organization builds, if it's internal organization and structure is not modified to adapt to this new channel, it has very little chance of success.
#3. Systems: Not just information systems and infrastructure, but also the processes and the functions that enable the organization to work, such as recruiting, accounting, and procurement.
From e-commerce to data warehousing and knowledge management, and all across the array of processes and systems that companies employ to deliver their products and services, the ability to make the right technology decisions, to optimize processes, and to enhance productivity are make-or-break elements of success.
#4. Staff: The human resources that actually accomplish the work, and the recruiting, incentives, and compensation practices that encourage them to achieve. An organization's ability to attract and retain the best talents and to keep them motivated and productive is key to execution of the enterprises goals. All the strategic innovation in the world cannot compensate for an unmotivated staff or low productivity.
#5. Style: The elusive "corporate culture" is captured here; is the enterprise customer focused and quality driven or focused on maximizing profitability at any cost? Does the enterprise strive to build a cohesive team of its staff, or does the organization view its workforce as a series of interchangeable hands-for-hire?
#6. Skills: The unique competencies that drive competitive advantage. From the "hard" technical skills of designing products and managing projects to the "soft" skills of communication and teamwork, staff capabilities are essential elements of strategic success.
This element also addresses organizational skills: As we've recently learned in the case of General Motors, the ability of an organization to develop products or services that the marketplace values is the differentiating factor in the market battlefield.
#7. Shared Values: The core beliefs and attitudes that drive the enterprise. Values are not the mission of the company--that should be captured in the firm's strategy. Values are about behaviors, taking the form of statements like "we'll never sacrifice customer satisfaction for short term profit" or "we always thank the customer for choosing us".
Applying the Seven S framework
Now that we've outlined the elements of the Seven S framework, the obvious question is: How can I apply this framework in our organization?
As a consultant, I'll start a performance improvement engagement by educating my client on the elements of the framework. Many organizations grow organically and don't think about their activities in this structured and methodical way. By simply exposing organizations to this sort of approach, you can start to ignite new ways of thinking about their strategic development process.
By using this framework to methodically analyze the current state of each of these elements, we can get a holistic view of the enterprise and begin to develop a gap analysis that can guide an improvement plan.
Some firms are very strong in some areas, such as staffing and skills, but lack a common set of shared values and a coherent strategy-development function. Through interviews, observation, and facilitated work sessions, you can pinpoint improvement areas and then prescribe a plan for optimizing those functions.
Seven S is just a conceptual framework; therefore, it doesn't tell us how to fix those areas that require development. By applying your experience, reviewing the ideas found in the literature (such as Good to Great and other business classics), enlisting the insights and suggestions of members of the organization, and applying disciplines like Six Sigma where appropriate, you can help firms apply a consistent approach to strategy development and execution and improve their results and competitive position.
Tuesday, September 29, 2009
Goodies shine on IT employees
| Monday September 28, 10:02 AM |
New Delhi, Sept. 27 -- Things get better
HCL Tech (HCLTECH.NS : 341.8 +6.35) plans to hire 2,000 by Dec-Jan; considering salary hikes for top performers
Infosys (INFOSYS.BO : 2291.15 +45.85) said it will be starting compensation review for need-based promotion starting Oct
Mahindra Satyam (SATYAM.BO : 121.7 +1.1) will reinstate variable pay across employee levels starting Oct 1
Employers are talking about hiring, salary hikes and promotions after almost a year of cost cutting that involved lay-offs, lower perks and recruitment freezes.
HCL Technologies plans to hire 2,000 people over the next quarter, including some fresh graduates. It has started the process of identifying its top performers for a salary hike. "We plan to hire 2,000 people in the next three to four months," D.K. Srivastava, global HR head for HCL Tech, told Hindustan Times.
"Promotions will continue and we will reward our consistent top performers this year as well," he added, saying the extent will vary between employees, he said.
Infosys Technologies said last week that it would start a compensation review exercise for "need-based promotion" starting October 1, signalling a new employee welfare initiative.
Mahindra Satyam is also trying to rebuild its corporate image and employer brand after the Mahindras took over the corporate fraud-hit Satyam Computer Services, and renamed it.
India Inc on manhunt drive as slump eases
| Monday September 28, 07:52 PM Source: Financial Express | |
Jobs are back and India Inc is witnessing an upsurge of 15 per cent in hiring trend, thanks to the improving economic climate.
However, experts say it is too early to say that the situation has returned back to 'normalcy'.
"We see the movement happening across the sectors and it looks like worst is over. But the current scenario can not be considered as normal but it is better than bad," executive search firm GlobalHunt India professional leader Sunil Goel said.
If everything goes fine then it will take a year to reach to a normal situation, he added.
In last two quarters (January-March and April-June), hiring was almost 0-5 per cent across industries but in current quarter, average hiring has increased 5-15 per cent across industries.
Sectors like telecom, infrastructure, life sciences and energy have witnessed 25-30 per cent rise in hiring in the second quarter against the first quarter of this fiscal.
Meanwhile, IT, retail, banking, consulting, FMCG have seen 8-10 per cent hiring in the September quarter compared to the previous quarter.
"With the economy showing signs of recovery, there is cautious optimism in the job market and going forward, the coming quarters are expected to be better," an industry expert said.
Companies have started executing their new business plans and are expanding. At least people are not losing their jobs and at the same time there are alternate opportunities available for further career progression, experts said.
Meanwhile, a survey by leading job portal Naukri.com has revealed that India Inc's hiring activity has picked up 8 per cent in June and a further 1.3 per cent in July this year.
Besides, the latest employment outlook survey by global staffing services firm Manpower also substantiates the bullishness in the job market, with as much as 25 per cent of the employers showing an intention to recruit people in the next three months of this year.
The survey said that job seekers in finance, insurance, real estate, services, wholesale and retail trade, public administration and education, and construction segments can expect favourable hiring environment.
"The next quarter looks good for those people who have lost their jobs during slowdown. They will always be preferred than college students. Volume may come back in a year's time from current market trends," Goel added.
The optimism in the job market is also visible in the United States. As per a survey by global career transition and coaching firm OI Partners, American firms are looking to re-hire employees they laid off in the past, mainly in the finance and manufacturing sectors.
Wednesday, September 16, 2009
10 best practices for successful Project Management
The right mix of planning, monitoring and controlling can make the difference in completing a project on time, on budget, and with high quality results. Here are some guidelines to help.
Given the high rate of project failures, you might think that companies would be happy to just have their project finish with some degree of success.
But that's not the case. Despite the odds, organizations expect projects to be completed faster, cheaper, and better. The only way that these objectives can be met is through the use of effective project management processes and techniques.
This list outlines the major phases of managing a project and discusses key steps for each one.
PLANNING
1: Plan the work by utilizing a project definition document
There is a tendency for IT infrastructure projects to shortchange the planning process, with an emphasis on jumping right in and beginning the work. This is a mistake.
The time spent properly planning the project will result in reduced cost and duration and increased quality over the life of the project. The project definition is the primary deliverable from the planning process and describes all aspects of the project at a high level. Once approved by the customer and relevant stakeholders, it becomes the basis for the work to be performed.
For example, in planning an Exchange migration, the project definition should include the following:
- Project overview: Why is the Exchange migration taking place? What are the business drivers? What are the business benefits?
- Objectives: What will be accomplished by the migration? What do you hope to achieve?
- Scope: What features of Exchange will be implemented? Which departments will be converted? What is specifically out of scope?
- Assumptions and risks: What events are you taking for granted (assumptions), and what events are you concerned about? Will the right hardware and infrastructure be in place? Do you have enough storage and network capacity?
- Approach: How will the migration project unfold and proceed?
- Organization: Show the significant roles on the project. Identifying the project manager is easy, but who is the sponsor? It might be the CIO for a project like this. Who is on the project team? Are any of the stakeholders represented?
- Signature page: Ask the sponsor and key stakeholders to approve this document, signifying that they agree on what is planned.
- Initial effort, cost, and duration estimates: These should start as best-guess estimates and then be revised, if necessary, when the workplan is completed.
PROJECT WORKPLAN
2: Create a planning horizon
After the project definition has been prepared, the workplan can be created. The workplan provides the step-by-step instructions for constructing project deliverables and managing the project.
You should use a prior workplan from a similar project as a model, if one exists. If not, build one the old-fashioned way by utilizing a work-breakdown structure and network diagram.
Create a detailed workplan, including assigning resources and estimating the work as far out as you feel comfortable. This is your planning horizon. Past the planning horizon, lay out the project at a higher level, reflecting the increased level of uncertainty.
The planning horizon will move forward as the project progresses. High-level activities that were initially vague need to be defined in more detail as their timeframe gets closer.
PROJECT MANAGEMENT PROCEDURES
3: Define project management procedures up front
The project management procedures outline the resources that will be used to manage the project. This will include sections on how the team will manage issues, scope change, risk, quality, communication, and so on.
It is important to be able to manage the project rigorously and proactively and to ensure that the project team and all stakeholders have a common understanding of how the project will be managed. If common procedures have already been established for your organization, utilize them on your project.
4: Manage the workplan and monitor the schedule and budget
Once the project has been planned sufficiently, execution of the work can begin. In theory, since you already have agreement on your project definition and since your workplan and project management procedures are in place, the only challenge is to execute your plans and processes correctly.
Of course, no project ever proceeds entirely as it was estimated and planned. The challenge is having the rigor and discipline needed to apply your project management skills correctly and proactively.
- Review the workplan on a regular basis to determine how you are progressing in terms of schedule and budget. If your project is small, this may need to be weekly. For larger projects, the frequency might be every two weeks.
- Identify activities that have been completed during the previous time period and update the workplan to show they are finished. Determine whether there are any other activities that should be completed but have not been. After the workplan has been updated, determine whether the project will be completed within the original effort, cost, and duration. If not, determine the critical path and look for ways to accelerate these activities to get you back on track.
- Monitor the budget. Look at the amount of money your project has actually consumed and determine whether your actual spending is more than originally estimated based on the work that has been completed. If so, be proactive. Either work with the team to determine how the remaining work will be completed to hit your original budget or else raise a risk that you may exceed your allocated budget.
5: Look for warning signs
Look for signs that the project may be in trouble. These could include the following:
- A small variance in schedule or budget starts to get bigger, especially early in the project. There is a tendency to think you can make it up, but this is a warning. If the tendencies are not corrected quickly, the impact will be unrecoverable.
- You discover that activities you think have already been completed are still being worked on. For example, users whom you think have been migrated to a new platform are still not.
- You need to rely on unscheduled overtime to hit the deadlines, especially early in the project.
- Team morale starts to decline.
- Deliverable quality or service quality starts to deteriorate. For instance, users start to complain that their converted e-mail folders are not working correctly.
- Quality-control steps, testing activities, and project management time starts to be cut back from the original schedule. A big project, such as an Exchange migration, can affect everyone in your organization. Don't cut back on the activities that ensure the work is done correctly.
If these situations occur, raise visibility through risk management, and put together a plan to proactively ensure that the project stays on track. If you cannot successfully manage through the problems, raise an issue.
MANAGING SCOPE
6: Ensure that the sponsor approves scope-change requests
After the basics of managing the schedule, managing scope is the most important activity required to control a project. Many project failures are not caused by problems with estimating or team skill sets but by the project team working on major and minor deliverables that were not part of the original project definition or business requirements.
Even if you have good scope-management procedures in place, there are still two major areas of scope-change management that must be understood to be successful: understanding who the customer is and scope creep.
In general, the project sponsor is the person funding the project. For infrastructure projects like an Exchange migration, the sponsor might be the CIO or CFO. Although there is usually just one sponsor, a big project can have many stakeholders, or people who are impacted by the project.
Requests for scope changes will most often come from stakeholders--many of whom may be managers in their own right. One manager might want chat services for his or her area. Another might want an exception to the size limits you have placed on mailboxes. It doesn't matter how important a change is to a stakeholder, they can't make scope-change decisions, and they can't give your team the approval to make the change.
In proper scope-change management, the sponsor (or a designate) must give the approval, since they are the only ones who can add funding to cover the changes and know if the project impact is acceptable.
7: Guard against scope creep
Most project managers know to invoke scope-change management procedures if they are asked to add a major new function or a major new deliverable to their project. However, sometimes the project manager doesn't recognize the small scope changes that get added over time.
Scope creep is a term used to define a series of small scope changes that are made to the project without scope-change management procedures being used. With scope creep, a series of small changes--none of which appear to affect the project individually--can accumulate and have a significant overall impact on the project. Many projects fail because of scope creep, and the project manager needs to be diligent in guarding against it.
MANAGING RISK
8: Identify risks up front
When the planning work is occurring, the project team should identify all known risks. For each risk, they should also determine the probability that the risk event will occur and the potential impact on the project.
Those events identified as high-risk should have specific plans put into place to mitigate them so they do not, in fact, occur. Medium risks should be evaluated to see whether they need to be proactively managed. (Low-level risks may be identified as assumptions. That is, there is potential risk involved, but you are "assuming" that the positive outcome is much more probable.)
Some risks are inherent in a complex project that affects every person in the company. Other risks may include not having the right level of expertise, unfamiliarity with the technology, and problems integrating smoothly with existing products or equipment.
9: Continue to assess potential risks throughout the project
Once the project begins, periodically perform an updated risk assessment to determine whether other risks have surfaced that need to be managed.
10: Resolve issues as quickly as possible
Issues are big problems. For instance, in an Exchange migration, the Exchange servers you ordered aren't ready and configured on time. Or perhaps the Windows forest isn't set up correctly and needs to be redesigned. The project manager should manage open issues diligently to ensure that they are being resolved.
If there is no urgency to resolve the issue or if the issue has been active for some time, it may not really be an issue. It may be a potential problem (risk), or it may be an action item that needs to be resolved at some later point. Real issues, by their nature, must be resolved with a sense of urgency.
Saturday, August 22, 2009
‘Employment Churn’ Crisis, post recovery - An Hypothesis.
In the recent trend of hiring and candidate sourcing, I have a strong urge to make a point that "employment churn" (fully employed people switching seats) will increase dramatically three to four months before any pickup in overall employment. This unplanned spike in voluntary turnover will leave many companies ill-equipped to handle the surge, since most are not considering replacement hires in their new hiring forecasts as a big item.
Based on some recent evidence, I believe that this spike will be more significant that anyone realizes. Worse, this could happen sooner than expected, blindsiding unprepared companies.
Here's some of the evidence supporting this view.
Over the past few weeks I've been asking people who are fully employed these two questions:
- How satisfied are you with your current job?
- Are you looking now for something better?
- If you have any open reqs for experienced hires, don't expect to hire any good people who respond to your ads. You'll need to enter into the passive candidate market aggressively to fill these slots or ramp up your employee referral program. Here are links to LinkedIn and Broadlook webinars with some advice on how to use these tools to identify and call these people.
- Call Jobs2Web, or Chahiye Jobs and ask them to create talent hubs for you for your most critical positions. Here's a link to a sample of how your CRM system can be designed to convert a prospect into a candidate using a series of auto-response emails without the recruiter even picking up the phone. In case your organization does not have a CRM a simple trick with MSExcel and MSOutlook can serve the purpose equally. Lets call this the "Virtual Recruiter". The talent hub with this type of drip marketing is the shape of things to come.
- Figure out how you're going to attract strong, fully employed experienced people who currently consider their current job as far better than anything you have to offer. Consider that these passive candidates also represent 80% of the total candidate market, and it makes no sense to continue spending 80% of your resources on the other 20%.
- Become preventative. Figure out how to minimize the impact of voluntary turnover at your company. Minimize "disgruntled employee syndrome" in a period where jobs are going nowhere, salaries are being cut, comp increases are nonexistent, and benefits are declining. This is a tough challenge that needs to addressed, not ignored.
