Tag Archives: succession

To Hire the Best: Make Them Work! by Urs Koenig, PhD, MBA

jsw_job_interview_4One of the most important tasks you have as a leader is to build a great team. Building a great team, of course, means hiring right! You cannot spend too much time or effort on hiring wisely. The alternative to hiring wisely? Managing toughly, which is much more time consuming, costly, and emotionally draining.

I have always been intrigued by how so many of our clients and colleagues agree with this on paper but then keep doing the “same old, same old” when it comes to interviewing.

Interviews are often poor predictors for how the person will perform at their job. Some subpar candidates interview well while some great candidates simply don’t present themselves well at all during an interview.  What to do? Make each candidate perform actual work before you make your final hiring decision!

 Homework

The New York Times recently featured the CEO of Palo Alto Software, Sabrina Parson, who does it this way: “Everyone who interviews with us, no matter what the position, gets homework. We do an initial phone interview, and then they get homework before the in-person interview. It’s two hours of work. The purpose of it is not to find the correct answer, but more to see their thought process. But more than 50 percent of the people you send the homework to never contact you again. It’s great because we don’t want that person.”

So there you have it: Giving candidates homework weeds out half of the people; the half you don’t want to talk to anyway! The money and time you save with this approach needs to be invested into working with those who actually submit their homework.

Once you are further into the process and you are down to your top three candidates, have them spend a day in your business doing actual work.

Actual Work

Yes, you will have to be somewhat creative here and yes, of course it might feel a bit staged and artificial but being able to observe each candidate at work or – even better – working side by side with each candidate, beats the best interview hands down! Not only are you able to observe the candidate at his or her tasks, you are also getting insights on how the candidate show up in a somewhat stressful situation and – maybe most importantly – how the person interact with your team members.

But you ask: What about more managerial positions?

Remember: leaders and managers get stuff done through people. Most of the work any leader or manager does includes interacting with people (vs. doing stuff). How can you simulate the real work of a leader or a manager? Have them interact with our team! Not just by having a nice chat but by actually battling out some real business problems.

Again, you need to be somewhat creative here. Ask yourself: what are some of the most important things you expect them to do during their first six months in the job?

Developing and implementing a new product strategy?

Have them walk you and your team through their thinking on a white board. Engage them in a hard discussion and observe how they show up. How concisely do they communicate? How do they build on other people’s ideas? Are they able to explain their thinking without getting defensive?

Building a team?

Have them outline their hiring process to you. Have them conduct a meeting with your existing team. How about a one-on-one goal setting meeting with one of their potential direct reports?

Remember, no matter what job position you are interviewing for: by having the job candidate do real work in your business you will significantly increase your chances of hiring right vs. having to manage toughly.

 Ask yourself:

  • How much has it cost in the past to correct a hiring mistake – in training time, salary costs, and lost energy and opportunities?
  • How can my organization improve our hiring by making candidates do real work?
  • What is the one step I commit to implementing in order to make our hiring more effective?

For more leadership resources and tools, visit Redpoint Coaching.

The Top 10 Ways Not to Lead by Lauren Owen, MBA

by Lauren Owen, MBA, Redpoint Coaching

I like to read and occasionally write Top 10 Lists. These lists typically take a positive approach and list the Ten Best of “XYZ”. This month I’d like to present my own lighthearted take on leadership improvement, specifically the Top 10 Ways Not to Lead. (I also want to thank my wonderful clients, who are genuinely dedicated to improving their own leadership abilities and are continually setting examples of good leadership.)

My Top 10 Ways Not to Lead

Tip #1

Don’t ever ask the people you work with what they really think of you as a leader. You’d never learn anything useful and chances are they’d only say bad things about you out of spite. Besides, then you might feel like you had to do something to change. Too scary! Best to leave things a mystery.

Tip #2

Always try to be the smartest guy (or gal) in the room. After all, you didn’t get where you are by hiding your light under a bush, so why should you now that you’re the boss? Chances are your ideas are a lot better than anyone else’s anyway and you’ll just save a lot of time spent listening to others drone on and on about their ideas. B-O-R-I-N-G!

Tip #3

Be sure to always think out loud and never clarify whether you’re serious about whatever it is you’re talking about in meetings. That way, after you leave the room your people will scramble and spend a lot of time implementing something you were just musing about and didn’t really want to see happen. Imagine the look on their faces when you set them straight weeks or even months later!

Tip #4

Always have about 10 million balls in the air. Set impossible deadlines. Go off on tangents that have nothing to do with company missions or strategic plans. Life for you and your employees will be so much more exciting when everyone’s hair is continually on fire. Added benefit, you train them in crisis management. While you’re at it, why not create one or two crises a day just to “test things out”?

Tip #5

While we’re on that topic –Company mission? Written plan? Are you kidding? Life’s too short to tie yourself down like that. Besides, you’re a big thinker! You need to go where the spirit takes you on any particular day. This approach works particularly well in an economic downturn.

Tip #6

Don’t hold anyone accountable. Ever. First of all, it will make it harder for anyone to hold you accountable. Plus, it’s too hard to keep track of everyone’s commitments. That way you won’t have to have those tough conversations with your under performers. Your top performers won’t much like this, but they’ll eventually see the light and perform down to everyone else’s level, or just leave, saving you valuable salary dollars.  After all, it’s so easy to find those top performers these days. It’s not like anyone else is looking to hire them.

Tip #7

Don’t ever hire anyone smarter than you.  Why would you want to have a lot of high maintenance smarty pants who are always showing you up in meetings and plugging holes in your great ideas? (refer back to Tips #1 and #6)

Tip #8

Remember, your projects are always top priority. Commandeer all the available resources and people to ensure your stuff gets done right and on time. If your project wasn’t the most important thing in the world, why would you be leading it anyway? Also, best to wait for the last minute to get something done. No sense wasting valuable time planning, preparing, or prioritizing.

Tip #9

Never give people honest feedback. Keep ‘em guessing. You don’t want your over-achievers getting a big head with praise (they might just think they have some value to the organization). And you don’t want to insult or upset your underperformers as it tends to make for uncomfortable meetings. If you have negative feedback, best to wait for those annual reviews when you can really surprise people and put them on the defensive. Or, even more fun, do so in public when they can serve as a lesson to others and be less inclined to fight back.

Tip #10

Don’t ever have an organization chart or job descriptions. Keep everyone flexible and those job duties undefined. You don’t want to put people into one box, including yourself.

Bonus Tips:

Make sure the organization cannot run without you. Don’t spend any time hiring, developing and training quality people. Don’t delegate anything to anybody, ever. Or if you do, take it back and do it over your way. That way, if something happens to you, mass confusion will ensue and everyone will forced to realize what an asset you were  to the organization and feel bad about all the complaining they did behind your back.

Note: If you choose to ignore the above helpful tips and, like our great clients, truly want to improve your leadership abilities, we would be happy to talk to about our proven (and 100% guaranteed) coaching process and/or CEO peer group :) .

Thinking About Bringing A Child Into the Family Business? by Lauren Owen

by Lauren Owen, MBA, Principal, Redpoint Succession and Leadership Coaching

Recently, one of our readers who owns a family business posed this question:

I want to bring my freshly minted graduate son (business degree) into the business. What’s the best job description and how do I work out how to pay him?

First off, I assume you:

a) have had a heart-to-heart talk with your son to determine that he sincerely wants to work in your business and not because he feels obligated to do so, and;

b) have a job that needs filling,

because to bring a family member into your business where both of these conditions aren’t true is to invite disaster.

Assuming both are true, you’ll want a job description that details:

  • Day-to-day activities and responsibilities
  • Who he reports to, and who reports to him
  • Skills needed for the above

If  you are looking at some sort of succession process that includes your son, you’ll want (outside of his formal job descriptions)  to have a plan, ideally in writing, as to what responsibilities of yours he’ll be taking over, when he’ll be doing so, and what type of skills and experiences he’ll need to be able demonstrate in order to do so. Think of it as a combination succession plan for the business and personal development plan for him.

The heart-to-heart talk shouldn’t be a one-time event.  At least annually, you and your son should discuss when and if you want to sell (or gift) your majority ownership and if he wants to buy (or receive it). 

Build in performance milestones and accountability into the succession plan for both of you. And as you would with any employee, be sure to give him both regular formal evaluations and substantive informal feedback along the way on his current job performance.

Pay should be commensurate with his job and his performance (and not his status as your son). Share his job description with other industry contacts to determine a fair salary. Build in clear performance bonuses that reward the behavior you want him to demonstrate.

Best of luck!

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