brains before bros - why hiring smart vs experienced is a winning talent strategy - final
TRANSCRIPT
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Welcome to todays webcast
Brains Before Bros: Why Hiring Smart People Over
Experienced People is a Winning Talent Strategy
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How to Participate Today
Open and close your Panel
View, Select, and Test your audio
Join the conversation by submitting
your questions in the questions box
Note: Q&A will be addressed at theend of todays session
Follow on the back channel via
Twitter using the hashtag #SumTotal
#SumTotal
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Presenter Info
Kris Dunn
CHRO at Kinetix (RPO, Recruiting)
Founder of Fistful of Talent, HR Capitalist Hoops Junkie
Kelly Dingee
Strategic Sourcing Manager at Staffing
Advisors
Google Geek
Contributor at Fistful of Talent
#SumTotal
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#SumTotal
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Get Your Tickets
Talent Scarcity is hittingan HR and recruiting shop
near you.
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And if Talent is Scarce, it
makes sense to love theone youre with..
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One in three employers (34%) experience
difficulties filling vacancies due to the lack
of available talent.Source: Oracle, The Future of Talent Management:
Underlying Drivers of Change 2012
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54% of employers feel talent shortages will
impact their ability to deliver client needs.
Source: Manpower Group, Talent Shortage Survey
2012
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Factors Driving Talent Scarcity
The Knowledge Economy
The use of knowledge technologies to
produce economic advancement and
job creation
High demand for well-trained and techsavvy labor
Makes talent a key business asset
Globalization
Rising interdependence between
economies for goods
Increased distribution of customer base
and workforce
Source: Oracle, The Future of Talent Management:
Underlying Drivers of Change 2012
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Factors Driving Talent Scarcity
Generational Gaps
The aging population is living (and
working!) longer
Complicates succession planning
Advances in technology Technology is advancing at an
exponential pace
Increased expectation of
technology standards of
companies by candidates
Technology increases access to
other career opportunities
Source: Oracle, The Future of Talent Management:
Underlying Drivers of Change 2012
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#Truth: Talent will differentiate companies from their
competitors. Those companies that invest in their
strategy gain a major competitive advantage over thosewho choose to put talent management on the back
burner.
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What should you do?
#winning
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#SumTotal
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So You Want to Hire Smart
People That You Can Train
for Success?First You Gotta Know What
The HeckSmartmeans
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Common False Positives In Hiring Smart
School Pedigree
Degree or Multiple Degrees
Positions Held
Perceptions of Knowledge, Skill
and Abilities from resume or
profile
Gift of gab in interview and
interactions with team
The Like Us syndrome
Physical Attractiveness Level
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What Incumbents Actually Do That Make
Leaders Think They Are Smart
Once inside a company, being viewed as
smart has little to do with the previous false
positives.
Instead, leaders identify the following
preferred attributes as indicative as
Smart:
Quick on the uptake, makes accurate
decisions with the data they have
Can adjust on the fly
Knows what to say and when
Appropriately aggressive
Can put them in a wide variety of
situations and theyll survive and thrive
Combine these factors with KSAs, and
youve got a perfect smart profile leaders
will respond to
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Big Benefits to Hiring Smart
With that Definition You hire for that profile in addition
to KSAs in a given functional area,
and you get people who:
Can rapidly adjust to stretch projects
Can move into other roles and be up andrunning at a decent proficiency level in a
few months
Respond in a high performing way to fluid
situations they find themselves in within
your company (without you having to
coach them through every step)
Innovate, Add Value and Drive Change
without being asked to
Make you look good as a manager or an
HR Leader
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Thats What I Want!!!
How Do I Figure Out Who ThosePeople Are?
Source: Forbes, 10 Reasons Your Top Talent Will Leave You
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Dont Hang Up When I Tell You This
You Need a Light, Street SmartAssessment Layer to help you
evaluate 4 things
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Cognitive Ability/Processing Speed
Not IQ Looking for an individuals ability
to take in lots of data and make
quick, accurate decisions on the
fly Everyone wants this today, not all
candidates have it
Lots of situational fluidity a
persons comfort level with speedin the workplace is going to be
based on this
Smart people can have low
processing speed
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Assertiveness
The ability to confront situations thatneed to be confronted is a big part of who
appears to be smart in any
organization.
Confrontation includes people, situations,
data, etc. Its not enough to come up with the right
answer, youve got to take the right
action.
Beware of the right side of the bell curve
you dont want the 100th percentile on
this the 85th percentile will do just fine.
Appropriately assertive people win,
regardless of the position they are in
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Detail Orientation
How organized is the individual inquestion?
Directly linked to the ability to
generate results in an
organization, regardless ofposition
You dont have to lead the world
in detail orientation to be viewed
as smart in an organization, it justcant limit your effectiveness
Low Detail people need High
Detail people that work for them
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Rules Orientaiton
Probably the biggest non-negotiable fortalent to consistently be viewed as smart
High Rules people look for the operations
manual to respond to any situation
Low Rules people love the chaos, they
dont want the operations manual, theywant the freedom to figure out the best
answer
Which one is necessary to someone to be
mobile in your organization and quickly
adapt to any situation, project or role?
Low Rules, accompanied by high cognitive
processing speed and the right level of
assertiveness = NIMBLE TALENT
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What Im looking forWith Hiring Smart Expert, Kelly Dingee
2 years
Accessibility
Pay It Forward
Step it up with
outside interests
And lastlyNo typos!
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-Leadership
-Tells Me How Smart She Is
-Longevity with Groups
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Poll Question: Do you screen for Smart?
A. Yes Im a hiring
Smart pro. I could have
presented that last
section.
B. No but I will now
that I actually know
what Smart means.
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#SumTotal
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Employees who are
challenged, engaged and
rewarded rarely leave.
So what about everyone else?
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So how do you know when an
employee is about to jump ship?
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Sign #1
When theyve stoppedcomplaining, theyve
stopped caring.
Employees who are investedin the company they work for
have opinions
When talent begins to
disengage, they are less
concerned about the future
state of the organization
Only focused on short-term
projects/results
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Sign #2
The social media overhaul +increased networking.
93% of recruiters use LinkedIn to find
candidates --and candidates know
this!
Keep tabs on your employees
LinkedIn profiles. Do they have new
connections? New
recommendations? Have they beefed
up their experience section?
Changes in attire can also be an
indicator that employees are
attending networking events post-
work and interviews during the
workday
Source: Jobvite Social Recruiting Survey 2012
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Sign #3
Their peers or other leaderson your team have expressed
a noticeable change in
behavior.
No longer volunteering to takeon challenging projects and
only delivering expected
results
Restricting time spent in the
office to only normal businesshours
Stops accepting invitations to
engage socially outside of the
office
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#SumTotal
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If leaders spent less timetrying to retain employees
and more time investing inthem, retention would take
care of itself.
Source: Forbes, 10 Reasons Your Top Talent Will Leave You
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Poll Question: Does your organization currently have an
employee learning & development program in place?
A. Yes
B. No
C. Yes, but Im not sure
how effective it actually
is
D. Who needs employeedevelopment? People
only care about raises
anyway
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Lets Start With Some Facts
30% of employees believe theyll beworking someplace else inside of 12
months.
60% of employees dont feel their
career goals are aligned with the
plans their employers have for
them.
70% of employees dont feel
appreciated or valued by their
employer. Only 4% of U.S.-based HR
executives said they have an ample
pipeline that will cover most of their
needs
Source: Forbes, 10 Reasons Your Top Talent Will Leave You
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Only 25% of companies actively provide
further training to existing team members.
FOT is here to help the the other 75% of youget on board
(without breaking the bank).
E l D l
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Employee Development
(without Breaking the bank)
Lunch and Learn Series
- Bring in an outside speaker/coach to help your
team personally and professionally grow Ex:
Toastmasters Group Leader or an Estate Planner
- Cross-promote departments by having
organization leaders come discuss their role andcareer successes
- Purchase business books and start an in-house
lunchtime book club
Internal Training/Certificate Programs
Develop an internal training on core processes in your
organization and have alternating members of your
team present/attend
Create a schedule of free industry webinars and
provide a group viewing area to promote attendance
and conversation
Reimburse employees for completing certificate
programs of value to your organization and have them
present their learnings to team members
E l D l
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Employee Development
(without Breaking the bank)
Development Credits/Funds
Provide development credits/funds as part of your
compensation package
Provide flexible work hours for employees to
engage in outside training
Research external programs of value to yourorganization and promote those programs to your
employees
Mentorship Programs and Continued Coaching
Provide the framework for employees to take the
reigns of their own development
Increased knowledge transfer between theparties, capitalize on The Knowledge Economy
Clearly communicate an employees career
progress and always highlight possible next steps
within your organization
E l D l t
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Employee Development
(without Breaking the bank)
Take a cue from those doing it
right
Googles 20% Time enables
employees to spend time on
projects outside of their normal jobscope
Encourage employees to bring
forward suggestions to improve
existing processes and enable them
to implement change of value
Create job enrichment by allowing
managers from other departments
to assign your employees special
projects
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But You Cant Retain TheSmart Ones without
Managers Committed toEmployee Development
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The Best Managers do 2Things Well to That End:
#1They Talk about WIIFM
#2 - They Help EEs Build Portfolios
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Whats In It For Me This just in Employees arent
motivated by whats good for youor the company
Theyre motivated by their ownself interests
As a result, career agent
managers focus on WIIFM inevery performance convo,including: How you get more valuable
How you get more $$$
How you get better than others
How the external world viewswhat youre working on
Praise and RecognitionIf This,Then That
LEVERAGE/SELF INTEREST SELLS
The Best Managers Help Employees Build
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The Best Managers Help Employees Build
Portfolios Off of WIIFM
Old School Do this and youllget a Meets
New SchoolMeetsperformance equals this level ofperformance + Deliverable is a work product
that can be used in a careerportfolio
Managers prepared to deal with
Talent Scarcity tell the employeeswhy theyre doing it
Those Managers help their directreports look for their nextopportunity in the company
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#SumTotal
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The Big But
How do you get your
managers to let theirstar talent go?
(you know youre thinking it)
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Ask the Expert
Steve Parker
VP of Solution Marketing at
SumTotal
Twitter: @SumTotalSystems
15+ years of global leadership, professional management, and
strategic consulting experience in Talent Management
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Poll Question: Have you as a manager or have you known
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Poll Question: Have you as a manager, or have you known
a manager, who has not advanced talent because
you/they were afraid to lose them on the team?
A. Guilty as charged
B. Nope
C. Pleading the fifth
Want More?
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Want More?
Check this out at your local library.
Its time for something different,
SumTotal believes its time to set talent
free.
Get it here:http://talent.sumtotalsystems.com/WebRes-
Talent-
Manifesto_0413.html?source=SEARCH_WP_TE_Ta
lent-Manifesto_0413&pi=TM%20-%20Complete%20TM
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Thanks to our webcast sponsor!
Schedule a demo today!
Kari [email protected] Solutions Manager, SumTotal Systems1.866.768.6825
http://mkto-d0083.com/trk?t=2&mid=MDg1LVpPTi00MTQ6NDQ1MTo0NDQ0OjEzNzIzOjA6Mjk2ODo3OjEzNjczMTU6YXRvcnJ5QHN1bXRvdGFsc3lzdGVtcy5jb20=&&&mailto:[email protected]?mkt_tok=3RkMMJWWfF9wsRoiv6jNZKXonjHpfsX56OoqWqazlMI/0ER3fOvrPUfGjI4DRcRqI+SLDwEYGJlv6SgFSrjAMbpv1LgJWhU=http://mkto-d0083.com/trk?t=2&mid=MDg1LVpPTi00MTQ6NDQ1MTo0NDQ0OjEzNzIzOjA6Mjk2ODo3OjEzNjczMTU6YXRvcnJ5QHN1bXRvdGFsc3lzdGVtcy5jb20=&&&mailto:[email protected]?mkt_tok=3RkMMJWWfF9wsRoiv6jNZKXonjHpfsX56OoqWqazlMI/0ER3fOvrPUfGjI4DRcRqI+SLDwEYGJlv6SgFSrjAMbpv1LgJWhU= -
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Kelly Dingee:
www.fistfuloftalent.comTwitter: @sourcerkelly
LinkedIn:
https://www.linkedin.com/in/kellydingee
Kris Dunn:[email protected]
www.fistfuloftalent.com
Twitter: @kris_dunn
LinkedIn: www.linkedin.com/in/krisdunn
mailto:[email protected]://www.linkedin.com/in/kellydingeemailto:[email protected]://www.linkedin.com/in/krisdunnhttp://www.linkedin.com/in/krisdunnmailto:[email protected]://www.linkedin.com/in/kellydingeemailto:[email protected]