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HR’s Business Function

Posted by Hogan Assessments on Thu, Jan 30, 2014

describe the imageWith technology and organizations more advanced and complex than they’ve ever been, HR is struggling to keep up the good fight. “Unfortunately, what we see is HR systems developed ad-hoc; one set of tools for selection, another for middle managers, and another for high-level leadership development, and none of those systems communicate,” said Ryan Ross, vice president of Global Alliances at Hogan.

The problem is that this information often comes from divergent systems, and therefore lacks context or common language. If HR wants to act strategically, it needs to consolidate those systems so that data can be viewed in context. The key to getting quality people in all levels of an organization is to “put a system in place that stays relevant throughout the entire employee lifecycle,” said Ross.

Check out the 4 other issues HR is running up against in our ebook How to Conquer the 5 Things Keeping HR up at Night.

Spanning the Skills Gap

Posted by Hogan Assessments on Tue, Jan 28, 2014

In our ebook 5 Things Keeping HR Up At Night, we identified succession planning as one of HR practitioners’ major concerns moving into 2014.

Baby Boomers, many of whom were forced to work later in life due to the recent financial crisis, are finally starting to age out of the workforce, taking with them a wealth of essential knowledge and skills.

In his post on the Harvard Business Review, however, author David DeLong points out that companies need to identify which people in their organizations are nearing retirement and what skills they will take with them.

He also makes an interesting point:

“Not all skills gaps are due to looming retirements. For example, shortages of mobile app developers, networking engineers, and sustainability managers are due to the rapid growth of new industries. These jobs didn’t exist a decade ago, and there is no older generation to draw on. This poses different challenges, such as identifying patterns of your most successful hires, like the schools they come from, where they live, and other characteristics that predict high performance and retention.”

This challenge isn’t limited to tech companies – how do you effectively build a workforce when you don’t have any incumbent data on which to base your decisions? Check out this 30-second video for the answer.

Military, politics, or the private sector – it’s lonely at the top

Posted by Hogan Assessments on Tue, Jan 28, 2014

 

LonelyIt seems more trouble is brewing in the military’s upper ranks. In the same month the Army released a report detailing its problem with toxic leaders and their role in the rash of soldier suicides over the past year, the Washington Post is reporting misconduct among the nation’s top brass. From allegations drinking on duty in the Air Force to sexual misconduct and even assault in the Army and Navy, no branch was exempt.

What is the source of this widespread corruption? From the article:

Martin L. Cook, a professor of military ethics at the Naval War College in Newport, R.I., said the recent eruption of misconduct is “frankly a puzzle to everybody.” One factor, he added, may be that as officers climb higher in the ranks they become insulated and fewer people are willing to challenge or question them.

Although this pattern of derailment is new, or more likely just newly reported, in the military, it is all too familiar to politics and the corporate world.

Judgment is a multi-part process in which an individual (a) processes the available information, (b) makes a decision, (c) receives feedback, and (d) adjusts their decision-making based on that feedback.

Business and political leaders are faced daily with heavy decisions. As they rise up the ranks, their circle of peers and advisors grows smaller and feedback scarce and more biased, putting them at greater risk of bad judgment.

In the political arena, Mitt Romney was so insulated from realistic feedback in 2012 that he was reportedly shocked as Obama won a decisive victory. In the private sector, leaders who made and then doubled down on bad decisions launched the country into a financial crisis from which we’re still recovering.

Whether in the private sector, politics, or the military, the net effect of those poor decisions is the same:

Cook said, military leaders recognize “they’ve got a major trust problem with the American people . . .”

 

The Eye of the Perceiver

Posted by Hogan Assessments on Mon, Jan 27, 2014

binocularsIn recent preparation for some out-of-town company, I panicked at the state of my house. The carpets had not been vacuumed, the bathtubs not scrubbed, and the mirrors needed glass cleaner, desperately.

A friend happened by as I was starting the feverish effort to get my house clean. When I explained the source of my stress, she asked how I could possibly think my house needed hours of attention. I pointed out the dust on the baseboard and dog hair in the entryway. She shrugged. Soon, we realized the obvious variable in this disagreement: the eye of the perceiver. Although the house didn’t meet my standards for how I wanted to present it to others, my friend considered it clean and tidy.

This interaction reminded me of similar conversations I have with my peers and clients. The observations of others may vary based on the lens through which they view the world. The direct communicator appears honest to her colleagues who communicate in the same manner, yet abrasive to her softer, more diplomatic associates. The micromanaging boss appears rigid in the eyes of his flexible and relaxed subordinates. However, to those with the same adoration for details and control, this behavior is appreciated and supported.

The eye of the perceiver and even our own viewpoint is insightful, but is still based on one individual with unique views and biases. It is the collective views of our friends, peers, and coworkers that solidify our reputation and, ultimately, what matters for success. Ignoring such information or considering only our own viewpoint may lead down a path of ineffectiveness, derailment, or dissatisfaction. Valid assessments provide a reliable platform for one to receive such aggregated feedback; however, for those who don’t have the opportunity to receive this information, there is certainly still value in the words of a trusted friend.

Men should brag less, and women need to brag more

Posted by Hogan Assessments on Mon, Jan 27, 2014

FrankAn article published in Psychology of Women Quarterly provides another clue to why women are so grossly outnumbered by men in the upper ranks of corporate America: they don’t brag enough.

Montana State University psychologists Jessi Smith and Meghan Huntoon recruited 78 women from a university to write a scholarship application essay promoting either their own or another person’s accomplishments. The researchers found that when participants were asked to violate the “modesty norm” by boasting about their own accomplishments, they displayed decreased motivation and performance.

As Tomas Chamorro-Premuzic, Hogan’s director of research and innovation, pointed out in his Harvard Business Review article, “Why Do So Many Incompetent Men Become Leaders?”, “because we commonly misinterpret displays of confidence as a sign of competence, we are fooled into believing that men are better leaders than women.”

Check it out: Smith and Huntoon’s article, or Chamorro-Premuzic’s post.

Narcissism: A truth universally acknowledged…by all but one

Posted by Hogan Assessments on Sun, Jan 26, 2014

 

With a college background in literature, I tend to relate ideas and concepts to narrative forms deriving anywhere from the classics to contemporary rom-coms (I don’t discriminate). So, when I see narcissism trending in the news, I inevitably search my story database for an exaggerated narcissistic character for comparison. And who should pop into my head other than that dastardly fink, Daniel Cleaver from Bridget Jones’s Diary, a contemporary version of Jane Austen’s antagonist, the rakish Mr. Wickham.

It’s rather obvious that what the poor sod lacks in self-awareness, he makes up for in smiles and charm. In fact, he charms his charismatic self right into the heart of his employee, the love-struck Bridget Jones. Though Jones, who makes some missteps and judgment follies of her own, eventually wises up to his masquerade, Cleaver never does. He’s so good at impression management and making others buy into his winning personality, that he dupes even himself. In a recent Harvard Review blog, Dr. Tomas Chamorro-Premuzic explains that “such delusions of grandeur allow narcissists to be more effective manipulators than individuals who are politically savvy but inhibited by their inability to distort reality or morality in their favor. It is always easier to fool others when you have already fooled yourself.”

Fortunately, “one of the unique characteristics of narcissistic individuals,” says Chamorro-Premuzic, “is their inability to prolong their seductive powers for too long…Their initial flamboyance, charm and confidence soon morphs into deluded self-admiration, defensive arrogance, and moral disengagement.” Well, that’s spot on for Cleaver. His charismatic and charming illusion fades along with his control of the situation, and his true colors – deceit, questionable morals, and unmitigated arrogance – begin to peek through his carefully manicured exterior.

While narcissism can help individuals get ahead in their career and isn’t necessarily a bad characteristic to embody, Chamorro-Premuzic says that “the critical ingredients for success are competence rather than confidence, altruism rather than egotism, and integrity rather than charisma.” In the end, I almost feel sorry for Daniel Cleaver. While he may bounce back quickly due to his narcissistic never-at-fault attitude, without proper self-awareness, he’ll just keep making the same mistakes over and over and over again.

 

Topics: derailer

What’s Your Greatest Weakness?

Posted by Hogan Assessments on Thu, Jan 23, 2014

Weights
There’s a cool post from David Reese, who leads people and culture at Medallia, a Silicon Valley software startup that measures and provides data on customer experience, in which he explains the need for an honest answer to the common interview question “what is your greatest weakness?” 

Reese points out that a search of career center websites reveals the advice students are getting – to focus on lesser skills or spin their weaknesses into strengths.

This is terrible advice. It indicates to me that they’re not willing to stand up and say what’s not working — the opposite of what a startup needs. One of the biggest dangers for a young company is that a roomful of smart people who aren’t being honest could easily be steering their rocket ship into the ground.

When I interviewed at Hogan, I had a snappy answer ready to deflect this infamous question (“I have a problem properly channeling my incredible physical strength.”). I was so pleased with myself that I was disappointed when the question never came.

“You never asked me about my greatest weakness,” I said on the way out the door.

“We already know,” my future boss replied.

Although this news was initially disconcerting, as I reflected on it post interview, it was rather comforting. I had already taken the assessments, they had my results, they knew my stress points, and they still wanted to have lunch and talk about my future. That seems a better, more honest place to start an interview.

Topics: derailment

Australian researcher identifies least narcissistic CEOs in U.S.

Posted by Hogan Assessments on Tue, Jan 21, 2014

 

Humble
It is alarmingly easy to come up with a list of narcissistic CEOs – Donald Trump, the late Steve Jobs, and Mark Zuckerberg are the first three that pop into my head, as do an endless number of banking and finance industry executives (full disclosure: I just saw the excellent The Wolf of Wall Street, so my feeling here may be a little skewed).

What about coming up with a list of the least narcissistic CEOs? That, it turns out, is a little more difficult. Fortunately, someone did it for me.

Alex Frino, the Dean of Macquarie Graduate School of Management in Sydney, content analyzed quarterly earnings call transcripts for the 100 largest companies in America and calculated the ratio of how frequently CEOs used the pronouns ‘I’, ‘me’, or ‘mine’ versus ‘we’, ‘our’, or ‘ours’. According to this metric, the three most humble CEOs in America are Pat Gelsinger (CEO of VMware), Gregg Steinhafel (CEO of Target), and Omar Ishrak (CEO of Medtronic).

You can check out a more complete list here.

As the article points out, the link between CEO humility and performance is possible, although uncertain – VMware and others are high performers in their categories, while Target and Medtronic are struggling. And, the story points out, there is a conspicuous absence of leaders from the tech or financial industries – hotbeds of high-performing companies lead by word-class narcissists.

“Many leaders dominating the workforce today possess narcissistic leadership traits, and in this era of constant change and innovation, it seems natural that charismatic, risk takers would take charge,” Frino said. “Is narcissism, generally viewed as a personality defect, actually a good thing? Does the world in fact need more narcissistic CEOs? Or is this a trait we should be actively teaching future leaders to avoid?”

 

What’s Keeping HR up at Night?

Posted by Hogan Assessments on Mon, Jan 20, 2014

5 Things EbookAs Big Data and technology swoop in to change the face of HR forever, it’s no wonder HR practitioners are having a few nightmares about their future. We’ve identified 5 problem children for the HR industry this year:

1)     Recruiting – Every time a new employee fails (which is, according to our research, half of them), the cost to the employer is more than 150% of the candidate’s salary.

2)     Retaining Talent – Voluntary turnover is on the rise. A survey by Future Workplace showed that 91% of Millennials expected to stay at a job for fewer than three years.

3)     Millennials – A survey of more than 37,000 college students showed that narcissistic personality traits rose as fast as obesity rates from the 1980s to the present. That’s a lot of ego for one entry-level employee.

4)     Succession Planning – According to a SilkRoad survey, only 38 percent of companies are prepared for the sudden retirement of a top executive.

5)     HR Business Function – Fifty-three percent of SilkRoad’s survey respondents were most concerned about developing an HR organization that acts strategically rather than tactically.

But wait, there’s hope! Find out how to keep HR nightmares at bay in our ebook, How to Conquer the 5 Things Keeping HR up at Night.

Are You Vain Enough to Get Ahead?

Posted by Hogan Assessments on Mon, Jan 13, 2014

Narcissism“You don’t have to be a total narcissist to be a successful executive – but a solid dash of ego can help,” Rachel Feintzeig, a management reporter for the Wall Street Journal, writes in WSJ’s At Work blog. And she’s right. Citing sources from the University of Illinois at Urbana-Champaign, the University of Nebraska at Lincoln and Hogan Assessments, she delves into the controversial topic of narcissism in the workplace. Hogan’s managing partner Rodney Warrenfeltz discusses the implications of Bold scores in the 70-90 range and above on the Hogan Development Survey. Despite its stigma, narcissism and “being able to influence people is a crucial part of effective leadership” writes Feintzeig.

Read the whole article here.

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