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Who for tom's i pad
- 1. Solving Your #1 Problem Tom Krekel
- 3. The ability to make good decisions regarding people represents one of the last reliable sources of competitive advantage, especially since so few organizations are good at it. Peter Drucker
- 5. NY Times Best Selling book âWho: Solve Your #1 Problem, Geoff Smart and Randy Street. Based on interviews with 20 billionaire and 30 CEOs of multi-billion dollar companies 80 CEOs of large and entrepreneurial companies, Private equity investors, Experience with 15,000 hires University of Chicago did largest-ever statistical study
- 6. Who mistakes happen when managers: Are unclear about what is needed in a job Have a weak flow of candidates Do not trust their ability to pick out the right candidate from a group of similar looking candidates Lose candidates they really want to join their team
- 8. The art critic The prosecutor Chatterbox
- 9. The Fortune Teller The Suitor The Trickster
- 10. The Aptitude Tester The Sponge The Psyc Tester
- 12. The âAâ Method Document exactly what your want a person to accomplish in a role
- 13. The âAâ Method Generating a flow of the right candidates
- 14. The âAâ Method Structured interview to gather the relevant facts to rate a scorecard and make an informed hiring decision
- 15. The âAâ Method An approach for persuading candidates
- 16. SCORECARD Mission Outcomes Culture
- 17. SCORECARD Ninja tip: âlook for specialists, not generalistsâ
- 18. SOURCE What is the NUMBER 1 method of finding great people?
- 19. Awww, really, thatâs it?
- 20. Sourcing Challenge Seeking referrals ⢠âWho are the most talented people you know that I should consider hiring?â ⢠I will commit to calling at least one of these contacts a week until I have called them all. (yes/no) Recruiting Bounty ⢠I will consider offering employees a referral bounty for recruiting of $___ and make a go/no decision by (date). Deputize Friends ⢠I will consider offering external Recruiting Deputies $___ for recruiting viable candidates by (date).
- 21. Sourcing Challenge Seeking referrals ⢠âWho are the most talented people you know that I should consider hiring?â ⢠I will commit to calling at least one of these contacts a week until I have called them all. (yes/no) Recruiting Bounty ⢠I will consider offering employees a referral bounty for recruiting of $___ and make a go/no decision by (date). Deputize Friends ⢠I will consider offering external Recruiting Deputies $___ for recruiting viable candidates by (date).
- 22. SELECT Screening Topgrading Focused Reference
- 23. T O R C truth serum ⢠Threat ⢠Of ⢠Reference ⢠Check
- 24. The Screening Interview 1. What are your career goals? 2. What are you really good at professionally? ⢠Please give me some examples. 1. What are you not good at or not interested in? ⢠Please give me some examples. 1. Who were your last 5 bosses, and how will they each rate your performance when we talk with them? (1-10)? Why?
- 25. What are you not good at or not interested in? Whatâs a weakness? Donât let them off. â˘Re-frame â˘Re-phrase â˘Re-ask â˘Just shut up at wait
- 26. The Topgrading InterviewŽ ⢠Education (5 minutes) ⢠For each job in the past 15 years (20-30 minutes per job) 1. What were you hired to do? 2. What accomplishments are you most proud of? 3. What were some low points during that job?
- 27. The Topgrading InterviewÂŽ 4. Who were the people you worked with? Specifically: A. Bosses: What was your bossâs name? How do you spell that? What was it like working with him/her? What we he or she say were your biggest strengths? Areas for improvement? A. Teams: How would you rate the team you inherited on an A, B, C scale? 5. Why did you leave that job? ⢠What are your career goals for the future? (10 minutes)
- 28. Some push back on doing a three hour Topgrading interview 3 hours on average, 5 hours for a CEO For every hour in the Topgrading Interview you save hundreds of hours by not dealing with C players. The return on your time is staggering.
- 29. How do you know if an accomplishment a person tells you is great, good or OK or lousy? The three Pâs Clarifying questions. How did your performance compare to the previous yearâs performance? How did your performance compare to the plan? How did it compare to that of peers?
- 30. Push versus pull Push âit was mutualâ It was time for me to leave My boss and I were not getting along Pull: My biggest client hired me My old boss recruited me to a bigger job. The CEO asked me to take a double promotion
- 31. SELL Fit Family Freedom Fortune Fun
- 32. Reference Interview First question is a conversation starter The next two questions are exactly the same as the screening interview. The 3rd question is more powerful when you add: BACK THEN. They liberate a reference to talk about weaknesses that existed in the past. Surely, they might assume, the person has corrected those weaknesses. At least they can tell themselves they arenât being critical of the candidate in the present tense.
- 33. Questions: Can Candidates really get their former bosses to talk? YES Since 1990 when candidates arrange the interview 90% of the references are will to talk. Definition of a high performer Top 10%, Bâs are next 25% and Câs are bottom 65%
- 34. People arenât mutual funds. Past performance really is an indicator of future success.
- 35. RED FLAGS: The candidateâŚ.. does not mention past failures exaggerates his or her answers takes credit for the work of others poorly of past bosses Canât explain past job moves Seems more interested in compensation and benefits than the job itself Tries too hard to look like an expert
- 36. Questions: Turned to someone around you here that you donât know and share your best guess âWhat is the cost of the average hiring mistake in terms of the employeeâs base salary?â âWhat percentage of new hires turn out to be high performers?â (25%) Would you enthusiastically rehire everyone on your team?
- 37. An A player top 10% of talent available, At the given comp level In that specific company, with a certain organizational structure In that particular industry In that location With specific accountabilities With available resources Reporting to a specific person
- 38. Jay Jordan, CEO of the Jordan Company hired a guy who looked great on paper. While terminating the fellow asked why.. âI hired your resume. But unfortunately what I go was you.â
Editor's Notes
- You or the people you rely on make hiring mistakes. WSJ named this topic (HIRING) THE most important topic in business. Collins popularized the ideal that âWhoâ decisions are more important that âwhatâ decisions. Want you to walk away with 20 or more take-aways. What do other successful business owners & entrepreneurs do? Who problems are preventable.
- Who not what
- Art Critic When it comes to judging art, going on gut instinct sometimes works just find. A good art critic can make an accurate appraisal of a painting within minutes. With executive hiring though, people who think they are naturally equipped to âreadâ people on the fly are setting themselves up to be fooled big time. The Prosecutor Many managers act like the prosecutors they see on TV. They aggressively question candidates, attempting to trip them up with trick questions and logic problems. Chatterbox This technique has a lot in common with the âla-di-daâ interview. The conversation goes something like âHow about them Broncos.â You grew up in California? Me too...
- The Suitor Rather than rigorously interviewing a candidate, some spend all of the energy selling the applicant on the opportunity. Suitors are more concerned with impressing candidates than assessing their capabilities. The spend all of their time talking and virtually no time listening. Fortune teller: Like to ask their candidates to look into the future regarding the job at hand by asking hypothetical questions âWhat would you do? How would you do it? Could you do it?â Fifty years of academic literature on interview methods make a strong case against using these types of questions. âIf you were going to resolve a conflict with a co-worker, how would you do it?â Trickster: There are interviewers who use gimmicks to test for certain behaviors. They might throw a wad of paper on the floor, for example, to see if a candidate is willing to clean it up, or take him to a party to see how he interacts with other partygoers.
- Psyc tester: Would you rather be at a cocktail party or at work on a Friday night? is not useful though it is an actual question on popular psych tests. Aptitude: Should never become the sold determinant in a hiring decision. Use of screening but do not use in isolation. The Sponge A common approach among busy managers is to let everybody interview a candidate. The goal of this sponge-like behavior is to soak up information by spending as much time with people as possible. Unfortunately, managers rarely coordinate their efforts leaving everyone to ask the same, superficial questions.
- Geoff Smartâs book NY Times Best Seller âWho Solve Your #1 Problemâ and the #1 ranked best seller on Amazon.
- You canât outsource this activity. You canât delegate this.
- I work too hard. I have too much urgency for results.
- Only use Topgrading interview as the heavy artillery for the last 2 people.
- Only use Topgrading interview as the heavy artillery for the last 2 people.