Tag: Bolaji Olagunju

  • A seven-point hiring manager’s checklist

    *Right Reasons, Right Position, Right Person

    Hiring’s too important to be left to HR. For developing and implementing organisational policies, managing employee development programmes, resolving conflicts, and similar essentials of company life, HR fulfils a vital role. Yet in industries that are as skill-specific as the oil and gas business, for example, or for highly specialised roles, line managers can directly affect the success of their staff members… and of the company itself.

    As a manager, however, you probably weren’t hired for your hiring abilities. Your job is much more expansive than that. You will, though, be evaluated on the outcome of your hiring decisions – how effective an employee is, how each one contributes to revenue (or cost control), how well he or she fits the culture of the firm and your department, how quickly they’ve developed and applied new abilities, and how long they stay with the company.

    To help you be as good at assessing your manpower needs and finding the very best person to fill each position as you are at doing your primary job, this 7-Point Hiring Manager’s Checklist will guide you through the best practices that professional recruiters rely on.

     

    Seven Points of Right

    1. Decide What’s Most important

    People aren’t hired to do a job. They’re employed to solve a problem. So determine exactly what the problem is, the best ways to solve it, which human skills and characteristics will contribute to the most effective solution, what tools will be required for maximum employee effectiveness, and what training may be needed to help ensure employees’ success.

    The methodology you use can be as unique as you are, but it must be comprehensive. It must help you analyse whether you need to add to your headcount or, instead, make an investment in robotics or remote operations; whether you need one person with multiple skills or several with specific abilities; and whether a new employee has to fit into an existing team, contribute to a new one, and function independently.

    The more detailed your analysis, the more likely you are to come up with a realistic assessment of what you must have, would like to have, and don’t require at all.

    1. Distinguish Between Qualified and Suitable

    Many people look good on paper. They may have every relevant credential and degree, proven experience, a long list of successes, and glowing recommendations from colleagues and managers. They may also be completely wrong for the way your department or projects are run.

    You need to look deeper when everything seems to be right. Whether you search online and check social media, ask candidates to describe what they’ve done (or think they would do) in particular situations, or use the sort of questions that reveal how someone approaches problems (HR may prove to be a good resource for these).

    The objective is to get a truer perspective on someone’s “chemistry” and a better sense of how they’ll complement their colleagues and succeed in their position, as a member of a team, and within the company’s culture.

    1. Verify

    Trust is crucial. If anything in a person’s CV veers from the facts, it may be a sign of trouble.

    Whether it’s taking credit for someone else’s accomplishments, misrepresenting education or training, claiming honours that were never bestowed, or assigning testimonials to people who didn’t provide them doesn’t matter. It’s the implication that the work they’ll do for you and with colleagues might be compromised.

    So check with every reference and, if you suspect that individual is glossing over anything, check with others in the organization, including other managers. Depending on local rules and company policies, the responses may be more matter-of-fact than you’d like, but there may be ways of asking questions in particular ways that give you the insights you need, and your HR department may be able to offer suggestions.

    1. Validate

    If someone claims a typing speed of 80 words a minute, that’s easy to check. If they say they’re accomplished at deep well analysis, underwater stabilisation to prevent blowouts, or pipeline engineering, there’s more work to do to make sure their assertions are valid.

    Checking with the education and training institutions the individual attended only tells you if the coursework was completed. It doesn’t guarantee they’re very good at what they studied. So figure out what tests can validate competency. A good way to do so is by taking the candidate through a rigorous assessment centre. Existing team members may be willing to help, since they’ll want to know that a new employee is qualified just as much as you will, or you may outsource the process to a qualified consultant.

    If the only reliable method is to have a candidate do actual work, consider paying them to do it (while they still hold their present job if they’re currently employed). It gives them an added incentive to prove their worth, and it’s a small investment that could head off a future disaster.

    1. Determine the Fit

    Somebody who’s qualified and suitable still might not fit. They may have worked effectively as part of a team, as a specialist who works independently, or as a link in a coordinated process. But if their interests are different, they’ll have lower levels of engagement, or if they seem subdued and your group’s very lively, that could compromise their overall effectiveness.

    There are numerous effective personality tests and character assessments, which the HR department can handle, but you might ask a candidate to join a departmental lunch to gauge their interaction and level of comfort or have them spend some time with the people they’ll be working with and see how all of them respond. The tests and assessments may be valid, but inter-personal activities may reveal the kind of nuances that don’t come out on paper.

    1. See the Future

    After so much analysis – in steps 1-5 – you’ll have gained a perspective on a person’s prowess… and potential. A pattern of consistent improvement, on-going education, greater responsibility, or countless other indicators will give you a sense of where a candidate may (or should be) headed.

    Your organisation may have a formalised programme for job-related training, university study, and the mentoring by senior staff of promising employees. Yet, within your own division or department or group, you’re in the best position to see what talents you’ll need as the years go by… and who’s best suited to provide them.

    That requires you to expand your hiring criteria beyond what someone can do for the team and the company now. You must consider how they’ll contribute in a year, in five years, or in a decade.

    1. Have Allies

    Modern Human Resources departments grew out of industrial and labour relations management and today focus on everything from benefits and performance appraisals to succession planning and regulatory compliance. They may help bring candidates to your office, but they almost certainly won’t have the depth of knowledge that you have when it comes to selecting the most promising applicants. That takes a specialised approach.

    Consultancies can help you on multiple levels by

    • ensuring you attract the right candidates by creating specific profiles for each position
    • verifying experience and validating skills by developing appropriate criteria and tools
    • gauging job-specific personality traits by providing customised methods and materials
    • plotting career development pathways through analysis of your area’s evolving needs.

    When you know where you’re going, it’s much easier to get there, and these seven guidelines are a route map to better hiring, better employee and company performance, and better job satisfaction for employees… and you.

    Bolaji Olagunju is the Lead Consultant/CEO of Workforce Group; a Management Consulting Firm that offers diverse services in the areas of Learning, Development & Research, HR and Business Consulting, People & Task Outsourcing and Recruitment Services

  • Hope is not a strategy

    A study was conducted of five hundred companies to better understand what causes successful organisations to struggle financially for extended periods of time. The researchers found out that 87% of these companies suffered one or more ‘stall points’ – a term used to describe the start of a prolonged financial decline.
    When the researchers pored through the data to uncover the cause of the stall points, they found that 70% were attributed to poor choice about Strategy. While it is convenient to blame the economy for one’s misfortunes, the data clearly show that most financial decline was well within management’s control.
    It is an established fact that organisations desiring to succeed must have a well formulated and clearly articulated strategy. However, in our experience with various business challenges that we proffer solutions to everyday, we discovered that, rather than a clear strategy, what most organisations have is “hope”.
    They invariably hope:
    • That things will go well;
    • That employees will know what to do, how to do it, when to do it and the importance of doing it;
    • That they will go ahead and actually do that which they have to do in their job roles.
    This erroneous assumption has been a catalyst of failure and mediocre performance in many organisations because:
    “Hope is simply not a Strategy!”
    Organizations seeking and driven by results understand this, and they value the importance of engaging a Winning Strategy that is deeply rooted in their realities.
    Execution Is More Important Than Strategy
    Is having a Strategy then a guarantee that organisations will be successful?
    Unfortunately, the answer to this is NO. It isn’t!
    A Strategy cannot be effective in a vacuum, it must be empowered with an effective “execution system & structure”. No matter how superior a Strategy is, without execution, it will not deliver the expected result.
    “Superior Strategy cannot and will not compensate for inferior Execution”.
    As a matter of fact, great execution is more important than Strategy because Execution itself, when it is exceptional and flawless can give birth to superior Strategy. Hence, the ability of an organisation to execute their objectives exceptionally well is non-negotiable. It is said that it doesn’t matter what your strategy is but it matters greatly how well you are able to execute your strategy.
    The Competitive Edge
    As your organisation works towards getting better results or creating unique competitive advantage, the ability to execute flawlessly will play a central and crucial role in ensuring the realization of your goals and objectives. This is a critical capability that businesses cannot afford to ignore.
    For more tips on execution management and driving for results, visit www.workforcegroup.com.

    Bolaji Olagunju is the Lead Consultant/CEO of Workforce Group; a Management Consulting Firm that offers diverse services in the areas of Learning, Development & Research, HR and Business Consulting, People & Task Outsourcing and Recruitment Services.

  • 10 things organisations, employees should stop doing

     “The difference between successful people and very successful people is that very successful people say “no” to almost everything.”  – Warren Buffet

    2015 was a year I spent learning a lot of golden principles about success and interestingly one of the best, if not the best lesson I learnt is the significance of a To STOP doing list. Tons of books, articles, white papers, info graphics, blogs, etc. have been written on what we should start doing, how to start doing them and the importance of creating To Do lists but hardly will you find a book or anyone talking about what we should stop doing – a subject I have come to regard as completely vital in the pursuit of outstanding success.

    In his bestselling book – How the Mighty has fallen; Author Jim Collins coined an interesting phrase “the undisciplined pursuit of more,” where the pursuit of greater success leads to loss of focus and diffused results and ultimately failure. The tendency for us to continue to pile up our plate with more things to do is the reason for so much mediocrity that we find in the world today. Even the word priority has evolved into priorities which in itself is an oxymoron. It’s like saying one wants to buy new antiques. You can’t buy new antiques just like you can’t have several priorities.

    The tendency to do more and more affects organisations and individuals alike. Even when companies know that an advantage has run its course, they will still continue to defend it to the bitter end simply because they are unable to confront their brutal realities and adapt to the changing environment.  This goes for individuals too. We keep doing something that is of no value simply because we do not want to experience uncomfortable feelings usually associated with letting go of what we have become comfortable with.

    So what are the signs that you are engaged in an undisciplined pursuit of more? And most importantly, what can individuals and organisations do to help them avoid this dangerous trap going forward?

    STOP DOING LIST FOR COMPANIES

    1. Endless Pointless Meetings:com carried out a study on 500 office workers in the UK to find out how many hours are spent in meetings, on average, and what percentage of these meetings are actually useful.The results show that the average office worker spends around 16 hours in meetings each week, and that around a quarter of this time is usually wasted. That’s four hours of pointless meetings every week.

    Over a year, this works out to more than 200 hours. Over a career, the total is even more alarming with the average worker sitting through around 9,000 hours of needless meetings – a full year and ten days!

     

    1. Annual Performance Reviews- Performance reviews should be done on a regular basis; preferably after each assignment. Having regular performance reviews and feedback sessions will implement a more fluid system, in which employees receive timely feedback from their managers on an on-going basis following every assignment. What really is the logic behind having employees wait till the end of each year to get feedback on their performance? I totally fail to see how this profits the employees and organisation alike. Imagine how many blows could have been avoided throughout the year, and on the reverse, worthy matters that should have gained more focus.

     

    1. Not Evaluating Managers’ Management Styles- It is not a myth that people join organisations but leave managers. It is unsafe for any organisation to live in blissful ignorance of how its managers manage its employees, especially where they’ve had no form of preparation or training for that position. The effect of managers’ relations with employees on employee retention and performance cannot be overemphasised and should not be overlooked.

     

    1. Hiring replacements as opposed to having an effective succession planning: If nothing else, at least consider the cost of replacing a wrong hire; management, administrative and legal costs, plus the indirect cost of stolen/damaged goods, equipment, employer reputation, etc. According to a survey conducted by Right Management Consultants, the replacement cost of a bad hire is 1 to 5 times the salary of the job in question. Every forward-looking organisation should have a comprehensive succession plan.

     STOP DOING LIST FOR EMPLOYEES

     

    1. Gossip: The president of ReputationManagement.com, Bill Fish says the biggest issue he has seen over the years that causes conflict at work is gossip. “I can’t even count the amount of times I’ve had to intervene with employees who are upset that someone is talking about them behind their back, or betrayed their confidence by sharing information that they should not have,” he says. “In reality, you are going to run into gossip situations whether it is the middle school girls’ volleyball team, or the finance team at a Fortune 500 company, but I’ve seen it destroy plenty of relationships and result in people leaving their job.”

     

    Gossiping at work is toxic and does not serve anyone well. Besides, it is quite logical that if you gossip about others, people would also gossip about you! If you can’t say something nice, then say nothing at all.

     

    1. Complaining: This is the second palm of gossiping, but this time, about your employer. One of the commonest and most persistent trends is employees complaining about their employers. Some employees complain so bitterly that their co-workers and even families develop resentments against the organisation. If you have an issue with how things are done or specific procedures and rules in your organisation, make a formal complaint about it, better still, have a face to face with your HR Manager or whoever is directly concerned. Co-authors of “Crucial Conversations,” Joseph Grenny and David Maxfield found in a recent study that 56% of employees refrain from addressing troublesome issues at work for more than a year. The authors note that while this might not appear to cause immediate conflict, such silence has a long-term effect that can build up and cause problems down the road.

     

    1. Making the workplace a relationship platform: This is one thing I have completely failed to understand. People get employed into an organisation and then make friends with colleagues to the extent that these relationships grow to become more important to them than the organisation itself. They would do anything to protect those relationships, even at the expense of the organisation.

     

    1. Not speaking up/giving feedback to your boss: It is not unusual to see employees who prefer to stay quiet and have others speak out on their behalf, especially in this part of the world. Employees should begin to consider speaking up for themselves, giving feedback to their line managers and holding them accountable for goals/tasks they are responsible for.

     

    1. Taking/Venting personal frustration and anger on others: Henceforth, make it a point of duty to leave your ‘home’ troubles at home. Even if you choose to carry it around, don’t carry it on your face, or in the words you speak to others. It is absolutely wrong to take out your frustrations on people who had nothing to do with the cause in the first place. It is a fast relationship killer. Bringing bad mood to the office can spread from one person to the other. At the end of the day, no one would have a productive day.

     

    1. Unrealistic expectations from your company: People join organisations and expect everything to be perfect. This really is a mindset that has to be changed. Organisations hire primarily because there are problems to be solved! People are hired to add value to their organisations, not to come live their dream lives and earn salaries on top of that. Unfortunately, the latter is often the expectation of most employees. Unrealistic expectations are placed on organisations while the employees’ end of employment contracts are often ignored. If everything in the organisation was perfect, why then were you hired?

     

    Now pause to reflect on this ‘To Stop Doing list’; what do you think would be the result if you cannot stop any of these? More importantly, also create your own “To Stop doing list”. What would be on your list?

    Share with us. Drop a comment on www.workforcegroup.com

    Bolaji Olagunju is the Lead Consultant/CEO of Workforce Group; a Management Consulting Firm that offers diverse services in the areas of Learning, Development & Research, HR and Business Consulting, People & Task Outsourcing and Recruitment Services.

     

  • Economic Outlook: Executive intelligence for winning

    Economic Outlook: Executive intelligence for winning

    There is no doubt that business leaders across the Nigerian economic landscape are feeling the pressure of the fiscal and monetary crisis. The sheer scale of the crisis and its corresponding impact will test the most well-thought through strategy, leadership, organisational resolve and resilience.

    When all is said and done, all the daily, weekly and hourly economic outlook data bombarding us as business executives point to a year marked by Volatile, Uncertain, Complex and Ambiguous (VUCA) Disruptive Change and it is therefore no wonder the anxiety in boardrooms and management meetings across the country is rising.

     

    Look to the Future

    The late Peter Drucker warned Managers that “The greatest danger in times of turbulence is not the turbulence; it is to act with yesterday’s logic.” The key questions that business leaders must answer today are: Can we win in the VUCA Change Scenario? If so, how?

    I believe, based on objectively verifiable evidence, that businesses and organisations can thrive, excel, win and succeed during these volatile, uncertain, complex, ambiguous, disruptive market and industry changes. To do so, Business Leaders will need to develop and deploy their most aggressive and innovative strategies for driving revenues, reducing cost, eliminating waste, aligning people, accelerating workforce performance and delivering exponentially more results with the same or lesser financial and non-financial assets. Looking to the future with confidence is crucial to our strategic response to the crisis. John F. Kennedy once noted that “change is the law of life and those who look only to the past or present are certain to miss the future.”

    Like never before, the practice of strategy is all important; the ability to formulate multiple strategic scenarios and options, the capabilities to execute quickly, adjust rapidly and navigate fast changing business and industry landscapes is a must to survive. Furthermore, the Organisational HR Leadership required to realign managers and employees to new strategies in shorter decision-making and planning cycles, has created a new sea change in management requirements for 2016 going forward. This requires that Business Leaders demonstrate and model positive Executive Instinct, Emotions and Reason during this Crisis.

    Fight or Flight?

    Studies into Executive Instincts during an economic crisis show that there are two basic categories: there is the Retreat Instinct driven by the fear of loss, failure and devastation and there is the Advancement Instinct fuelled by Informed Confidence, Insightful Engagement and Measured Optimism. A review of the last century of Economic Crisis, from the 1929-33 Wall Street Crash, to 1973-74 Oil Crash, the 1987 Black Monday, 1997 Asian Crisis, 2001 Dotcom Crisis, the 2008 Subprime Crisis, 2015 China Black Monday, right up to the 2016 Global Oil Price Crash, points to one well established fact: the Emotion of Fear has done more to destroy business initiative than over-confidence and optimism has done to push business leaders off the proverbial financial cliff.

    Executives will always find reasons to support their fear or optimism. This will then become a self-fulfilling prophecy as their instincts for action drives the activities that create the future they fear or the one they have confidence in. While instincts for actions may be similar, Retreat Instincts and fear creates panic actions leading to rushed asset sales, unstructured and inhuman lay offs, shrinking of product and service portfolio and ultimately poor priced market exits.

    Executive Advancement Instincts usually leads to deeper levels of innovation and radical thinking to match the disruptions, which for most cases leads to reinvention of the business revenue and product mix, mergers and acquisition, unprecedented business transformations to drive efficiencies, measured and informed rightsizing, intelligent talent sourcing and outsourcing, creation of new market spaces and segments etc.

    Once Executives demonstrate the corresponding actions from either of these two instincts, the organisational emotional wavelength has been set. While the Retreat Instincts and Actions guarantee that managers and employees across the organisation become increasingly de-motivated and business momentum grinds to a chaotic halt, Advancement Instincts drives the workforce to rally around new radical strategies and reinventions, leaders are inspired to create the sense of urgency necessary to breakout into new territory, managers confront the brutal realities and employees are mobilised to support broad-based actions that allow the organisation respond quickly and adjust to shorter decision making cycles. In the end, Executives and Organisations with Advancement Instincts do much better.

     

    Take Charge

    So how do we demonstrate Advancement Instincts?

    1. Executives must simply believe in their potential and that of their organisation and people to succeed and thrive in these Volatile, Uncertain, Complex and Ambiguous Operating Environments;
    2. Executives must engage in Aggressive, Radical and Flexible Strategic Reviews in continual iterations. These reviews must be supported by ever deepening industry, business and environmental insights and perspectives;
    3. Executives must develop and implement an agile, radical and responsive Business Model for creating New Sources of Revenue, Doing More with Less and Improving Cost and Margin Leadership;
    4. Executives must provide Strategic Change Readiness and Leadership sponsorship to drive organisation-wide sense of urgency supported by clear short term action plans;
    5. Executives must get off Cruise Control. When a Pilot is in a storm, he is not in cruise control, he is in charge. He is on top of all the navigational instruments and monitoring every flight success indicator. In the same way, business leaders need to institute a Strategic War Room Scenario all year long;
    6. Executives must realign the Organisation (Structure, Systems and Processes and People) to the New Realities;
    7. Executives must realign HR and People to the new capabilities required to excel in the New Realities;
    8. Executives must take personal responsibility for seamless execution, insist on realism, drive follow through, force a culture of performance, discipline and result orientation, and keep everyone focused throughout the Crisis;
    9. Executives must create quick wins and drive iterations of celebrations and recognition to inspire commitment, no matter how small the wins are;
    10. Executives must saturate the organisation with positive, bold, confidence communication – literally drown out the fear.

    I believe that if Executives and Organisations do what is necessary, regardless of the external turbulence, they will ride the wave and, at the other end, more resilient, more successful and more mature corporations of enduring impact and excellence will emerge.

     Bolaji Olagunju is the Lead Consultant/CEO of Workforce Group; a Management Consulting Firm that offers diverse services in the areas of Learning, Development & Research, HR and Business Consulting, People & Task