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Live Your
Professional Career



         Eric TS Pan

         Meridian Deployment Corporation
         www.mdc-learning.com
Copyright Policy


 COPYRIGHT ©2008 by Eric TS Pan
 All rights reserved. Reproduction in whole or
 in part without permission is prohibited. Low
 resolution printing (150 dpi) is allowed for
 personal use only.




                 Copyright © 2008 by Eric TS Pan.
                        All rights reserved.
Outline
 A Whole Person
 The American Dream
 Definitions
 New Career Reality
 Live Your Professional Career
 Career Planning Cycle
 Tech Career Framework
 Present Economic Crisis
 Competency-based Skills, Values, and Motives
 Engineering Career Path
 Market Life Cycle
 Regional Advantage
 Personal Action Framework
 Recruiting Process
 Pre-hire Assessment
 Exploring Other Occupation/Career Options
                  Copyright © 2008 by Eric TS Pan.
                         All rights reserved.
In memory of Brian Pugh of SiPort
        (1961 – 2008)




           Copyright © 2008 by Eric TS Pan.
                  All rights reserved.
Tragedy creates a cause-and-effect chain that clearly
reveals what may happen at any time or place because
that is the way the world operates.   Aristotle


The anxiety of the age and the deceitfulness of riches…
                                                     Matt. 13:22


Far too short, but far from empty, Brian lived life to the
fullest. The stories, music and memories that were
shared captured for so many the essence of who he was
and will always be for all of us.      Bruce Reyes-Chow



                  Copyright © 2008 by Eric TS Pan.
                         All rights reserved.
A Whole Person
[A person whose behaviors, perceptions, attitudes, striving, and
         beliefs are greater than a sum of their parts]


environment
                 body
                                soul
                                                      spirit
  People        Flesh
  Event                         Will                           Mind
                                                Conscience
                  Act
 Process
                                                               Think
                             Choose              Intuition
 Property
                                                  Belief


                                                  Emotion
                                                       Feel
                        Copyright © 2008 by Eric TS Pan.
                               All rights reserved.
The American Dream

 “… the right of men to pursue their happiness, by which
 is meant the right to pursue any lawful business or
 vocation, in any manner not inconsistent with the equal
 rights of others, which may increase their prosperity
 or develop their faculties, so as to give to them their
 highest enjoyment.quot;

 U.S. Supreme Court Associate Justice Stephen Johnson Field




                    Copyright © 2008 by Eric TS Pan.
                           All rights reserved.
Definitions
  A job is a work role with a specific organization
  An occupation is a wide category of jobs with similar
  characteristics
  A career is a lifetime journey of building and making
  good use of your skills, knowledge and experiences. It is
  the total of all events and relationships in our lives:
  family, friends, education, work, and leisure activities.


  What constitutes a rewarding career?

  Do you take charge of your own career?

                                                       Source: California Career Planning Guide
                    Copyright © 2008 by Eric TS Pan.
                           All rights reserved.
New Career Reality
1.   Globalization creates sudden imbalances between human
     capital supply and demand, function by function, industry
     by industry, and region by region
2.   Careers are borderless, businesses pay for knowledge
     wherever it is available
3.   Downsizing, outsourcing, offshoring, restructuring and
     delayering make it harder to obtain promotion
4.   Individuals required to take ownership of their careers
5.   Employers conducts more selective candidate processing,
     drawing from a larger pool of talent for the best ‘fit’ (not
     best ‘qualified’); ‘fit’ is important both ways
6.   Looking at a management team with proven track records
7.   Looking at an individual as a whole person

                       Copyright © 2008 by Eric TS Pan.
                              All rights reserved.
Live Your Professional Career
 Developing your career path is a continuous process of
 refining, transforming, and balancing.

 Some of the best business and nonprofit CEOs I've
 worked with over a sixty-five-year consulting career
 were not stereotypical leaders. They were all over the
 map in terms of their personalities, attitudes, values,
 strengths, and weaknesses.             Peter Drucker


 Markets change, tastes change, so the companies and
 the individuals who choose to compete in those
 markets must change.                  An Wang


                  Copyright © 2008 by Eric TS Pan.
                         All rights reserved.
Live Your Professional Career
 Be observant, keep an open mind, learn, adapt, take
 action, and choose the future.

 When you focus on excellence, you will see successful
 completion of projects. You will make the right decisions.
 You will be persistent to improve your communication in
 a precise and concise way in other’s context so that
 others would understand your message. You will win
 over them.
                                                      Milton Chang




                   Copyright © 2008 by Eric TS Pan.
                          All rights reserved.
Career Planning Cycle
                                5. Work                                    4. Action

                                                                    Networking &
                       Offers &         Success at                                    Initiatives
                                                                    Work Search
                      Acceptance          Work
                          Continuous Learning                        Exploring
                                                                                      Interview
                            & Improvement                           Opportunity



                                                                                           3. Decision
             6. Life &                    Career planning is a process of
                                          identifying what you’re good at;
                                                                                             Making
              Career                      how your skills, talents, and
                                          interests translate into work; and
  Change &                                how to find that work that best                                  Learning
                      Re-evaluation                                                   Objectives
  Balance                                                                                                    Plan
                                          meet your needs on your schedule.
                                                                                                      Goal
                                                                                                     Setting



                          1. Self-                                     2. Research &
                             Assessment                                   Analysis
                   Technical &          Learning                                       Exploring &
Intelligence                                                              SWOT                             Gap Analysis
                Transferable Skills      Pattern                                        Shadowing
 Values &          Interests &                                          Market &       Information           Work
                                      Whole Person
Motivators         Personality                                        Labor Changes       Search         Characteristics
                                            Copyright © 2008 by Eric TS Pan.
                                                   All rights reserved.
Tech Career Framework
                 Competency



                                                  Advantage
   Competitiveness



                Economics
   Size & Scope         Market Life Cycle
                          & Value Chain
               Copyright © 2008 by Eric TS Pan.
                      All rights reserved.
Present Economic Crisis
(2007-2009?)
 Major financial crisis
    investment banks, insurance firms and mortgage banks
    consequent to the subprime mortgage crisis
 Unemployment
    construction, real estate, financial services, transportation,
    and auto sector
 Debt
    credit and mortgage defaults, foreclosure, bankruptcy
 Crisis is moving upwards in the value chain and
 consumer
    restaurants, lodging, travel, insurances
    technology sector
 Government
    fiscal crisis, bailout, stimulus


                      Copyright © 2008 by Eric TS Pan.
                             All rights reserved.
Discussion
 How does the present economic crisis impact your
    Industry
    Business
    Occupation
    Job
    Neighborhood
    Family and Friends
    Finances
    Time
 How long could you survive without a job?
 How will you go about weighing your career options?


                   Copyright © 2008 by Eric TS Pan.
                          All rights reserved.
Competitiveness
               Competencies



                                                  Advantage
   Competitiveness



                Economics
   Size & Scope         Market Life Cycle
                          & Value Chain
               Copyright © 2008 by Eric TS Pan.
                      All rights reserved.
Competencies

 [Behavioral repertoires and knowledge instrumental in
 the delivery of desired career-related results and
 outcomes]
    Assessable & trainable




                    Copyright © 2008 by Eric TS Pan.
                           All rights reserved.
Competency-based
   Skills, Values, Motives
People                                         Operational            Emotional
                       Intellectual
                                                Business generation    Initiative &
 Interpersonal          Vision & Strategy
                                                Bottom-line focus      Responsibility
 Coaching&development Organizational
                                                Execution              Steadiness
 Influence              awareness               Systematic approach    Self development
 Networking             Analysis & Judgement    Project management
 Effective              Professional expertise
 communication          Innovation
 Constructive teamwork


                               Environment
Objectives                                                Relationships
                                Structuring
 Professional challenge                                    Harmony
                                Rate of change
 Recognition of performance                                Honesty
                                Absence of stress
 Financial reward                                          Cooperation
                                Influencing techniques
 Security                                                  Integrity
                                Working environment
 Fun while working                                         Fairness
                                Development opportunities
 Identification                                            Hierarchy
                                                           Building


                               Copyright © 2008 by Eric TS Pan.
                                      All rights reserved.
Engineering Career Path

              People                                                    GM/Exec,
                                                                         Advisor
Competency




                                                                                    Industry,
                                           BD Mgt
                         Mkg &
                                                                                    National,
                         Sales
                                                                                     Global
                                                                   Entrepreneur
             Business
                                            Op Mgt                                   leaders
                           Op
                                                                  Consultant,
                                                                   Inventor,
                                            Specialist
                         Prod Dev,                                Technologist
             Technical      R&D


                         Entry               Senior                     Principal     Lead

                                                  Scope of Work
                                     Copyright © 2008 by Eric TS Pan.
                                            All rights reserved.
Advantage
                 Competency



                                                  Advantage
   Competitiveness



                Economics
   Size & Scope         Market Life Cycle
                          & Value Chain
               Copyright © 2008 by Eric TS Pan.
                      All rights reserved.
Market Life Cycle


                                                     Market Opportunities
Activities




             Enterprise 1                                      Product C Life Cycle

                                           Product B Life Cycle
                            Product A Life Cycle
                             (New-to-the-world)
              Start-up
                                           Product Pipeline
               R&D
                                     Business Life Cycle


                                                   Time
                                     Copyright © 2008 by Eric TS Pan.
                                            All rights reserved.
Regional Advantage
Example of the Silicon Valley
Competitive Capabilities             Challenged Capabilities
   Entrepreneurship/New                     Manufacturing
   business creation                        Back-office operations
   Research and advanced                    Product and process
   technologies                             enhancement
   Cross-disciplinary
   research
   New product
   concept/New business
   model
   Market development
   Global integrated
   management

                                                         Source: A.T. Kearney analysis
                   Copyright © 2008 by Eric TS Pan.
                          All rights reserved.
Bright Spots in
Regional Job Market
Example in the Silicon Valley
   Demand remains strong for cutting-edge engineers
   Emerging clean-tech sector keeps ramping up on
   venture capital investments — a record $1 billion
   nationwide in the third quarter
   Venture funding remains strong in the life science sector
   Opportunity for companies that can deliver cost savings




                      Copyright © 2008 by Eric TS Pan.
                             All rights reserved.
Questions to Consider
  What factors are important to you?
  Why are they important to you?
  Which can you influence?
  Where is the opportunity?
  What are you good at?
  What are your choices or options?
  How can you gain better assessment?
  What do you do when opportunity knocks?
  Who can help you?
  When must you make a decision?



                  Copyright © 2008 by Eric TS Pan.
                         All rights reserved.
Personal Action Framework
            Your Value Proposition



                                                      Advantage
    Competitiveness



                     Economics
  Your Resources                                  Your Time
     & Focus
               Copyright © 2008 by Eric TS Pan.
                      All rights reserved.
Personal Action Framework
 Your value proposition
    Adopt a habit of constant learning with sequential
    specialization across multiple functions, disciplines, and
    cultures
    Be the best, become an industry insider that demonstrate a
    sound grasp of technology and business fundamentals
    Focus on excellence to satisfy customer and societal needs
    Articulate your message of value-creation that is within
    your capability
    Hold the right attitude to work with objectivity, humility,
    respect, and giving
    Be selective and build a successful track record in what you
    do


                    Copyright © 2008 by Eric TS Pan.
                           All rights reserved.
Personal Action Framework
 Your resources and focus
    Have good relationship skills, valuable networks, and
    hidden resources to support your endeavors
    Realize and understand true teamwork, diversity, and
    empowerment
    Develop a maturity in life to withstand adversities and to
    deal with uncertainties and changes
    Have a backup plan




                    Copyright © 2008 by Eric TS Pan.
                           All rights reserved.
Personal Action Framework
 Your time
    Manage your time wisely
       Scouting
          Trends of industry and economy
          Market forces (a targeted market)
          Regional capabilities
       Maneuver
          Quantify time, finance, and key constraints
          Identify and prioritize key motivator
          Analyze strengths and weaknesses
          Take inventory of transferable skills
          Mobilize resources
          Take calculated risks and set objectives
       Rapid Tempo
          Identify opportunities, focus, make decisions, and
          implement plans quickly or make things happen
    Achieve a balance between work and life, and renew
    oneself to press on
                     Copyright © 2008 by Eric TS Pan.
                            All rights reserved.
Recruiting Process
                           5. Pre-hire
                                                                         4. Interview
                          Assessment
                   Leadership/mgt   Decision-making               Technical Skills    Transferable Skills
                     simulations      Assessment
                                       In-depth
                     Personality                                    Structured       Committee Hearings /
                                       Interview
                     Assessment                                      Interview          Assessment



           6. Hiring
                                                                                                 3. Screen
                                                7. Onboarding
           Decision
                   Description /
     Scorecard                                                                           Resume Screen      Qualification
                    Feedback

                                                                                                             References
                                                                                        Job Applications

                                                                                                               Testing


                         1. Requisition                                                                     Questionnaire
                                                                         2. Sourcing

Competency Model   Skill Gaps       Job Description                    Talent Pool         Advertisement        Referral
                                      Business
                                                                        Job Fair            Headhunter       Online Posting
                    Criteria
                                     Description
                                            Copyright © 2008 by Eric Passive Candidate
                                                                       TS Pan.
                                                                                                            Internal Posting
                                                                                       Outsource Agency
                                                   All rights reserved.    Research
Pre-hire Assessment
 Interviews alone are a poor selector of talent
    25% accurate in fitting a candidate with a position, boss, team,
    and company culture
    Interviews provide only a view of “role style,” an individual’s
    behavior when he or she is conscious on the impact
    Pre-hire assessments pinpoints the candidate on the job in
    “operating style” much more often, not conscious of the impact
    being made

 A poor hire is extremely costly
    Depending upon the position, a poor hire can cost a few hundred
    thousand in direct costs
    Indirect costs may run hundreds of thousands to millions more
    depending upon the strategic decisions poorly made and poorly
    executed

 More companies are using pre-hire assessments for
 senior level positions
                      Copyright © 2008 by Eric TS Pan.
                             All rights reserved.
Advice for Candidate
 Be honest about your abilities, assessment can pick up
 faking and produce faking scores
 It is all about ‘FIT’ on both sides. Good fit means a
 successful position for candidate and employer
 Make sure to ‘interview’ the company as well
 Ask for feedback


   For more information on pre-hire assessment
   Contact:
   Harly Neumann, Ph.D.
   hneumann@stanfordalumni.org
   925-899-0701

                   Copyright © 2008 by Eric TS Pan.
                          All rights reserved.
Exploring Other
Occupational/Career Options
 Education
 Entrepreneur
 Finance/Insurance/Investment
 Franchise
 Import/Export
 Independent Professional
 Health Care
 Law Enforcement and Legal
 Nonprofit
 Small Business
 ?

                 Copyright © 2008 by Eric TS Pan.
                        All rights reserved.
Career Planning Toolkit for Technical Professionals




books.google.com
  ISBN 0975448005
Contact



                  Eric Pan

      eric_pan@meridiandeployment.com
       Meridian Deployment Corporation
            www.mdc-learning.com




              Copyright © 2008 by Eric TS Pan.
                     All rights reserved.

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Live Your Professional Career

  • 1. Live Your Professional Career Eric TS Pan Meridian Deployment Corporation www.mdc-learning.com
  • 2. Copyright Policy COPYRIGHT ©2008 by Eric TS Pan All rights reserved. Reproduction in whole or in part without permission is prohibited. Low resolution printing (150 dpi) is allowed for personal use only. Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 3. Outline A Whole Person The American Dream Definitions New Career Reality Live Your Professional Career Career Planning Cycle Tech Career Framework Present Economic Crisis Competency-based Skills, Values, and Motives Engineering Career Path Market Life Cycle Regional Advantage Personal Action Framework Recruiting Process Pre-hire Assessment Exploring Other Occupation/Career Options Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 4. In memory of Brian Pugh of SiPort (1961 – 2008) Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 5. Tragedy creates a cause-and-effect chain that clearly reveals what may happen at any time or place because that is the way the world operates. Aristotle The anxiety of the age and the deceitfulness of riches… Matt. 13:22 Far too short, but far from empty, Brian lived life to the fullest. The stories, music and memories that were shared captured for so many the essence of who he was and will always be for all of us. Bruce Reyes-Chow Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 6. A Whole Person [A person whose behaviors, perceptions, attitudes, striving, and beliefs are greater than a sum of their parts] environment body soul spirit People Flesh Event Will Mind Conscience Act Process Think Choose Intuition Property Belief Emotion Feel Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 7. The American Dream “… the right of men to pursue their happiness, by which is meant the right to pursue any lawful business or vocation, in any manner not inconsistent with the equal rights of others, which may increase their prosperity or develop their faculties, so as to give to them their highest enjoyment.quot; U.S. Supreme Court Associate Justice Stephen Johnson Field Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 8. Definitions A job is a work role with a specific organization An occupation is a wide category of jobs with similar characteristics A career is a lifetime journey of building and making good use of your skills, knowledge and experiences. It is the total of all events and relationships in our lives: family, friends, education, work, and leisure activities. What constitutes a rewarding career? Do you take charge of your own career? Source: California Career Planning Guide Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 9. New Career Reality 1. Globalization creates sudden imbalances between human capital supply and demand, function by function, industry by industry, and region by region 2. Careers are borderless, businesses pay for knowledge wherever it is available 3. Downsizing, outsourcing, offshoring, restructuring and delayering make it harder to obtain promotion 4. Individuals required to take ownership of their careers 5. Employers conducts more selective candidate processing, drawing from a larger pool of talent for the best ‘fit’ (not best ‘qualified’); ‘fit’ is important both ways 6. Looking at a management team with proven track records 7. Looking at an individual as a whole person Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 10. Live Your Professional Career Developing your career path is a continuous process of refining, transforming, and balancing. Some of the best business and nonprofit CEOs I've worked with over a sixty-five-year consulting career were not stereotypical leaders. They were all over the map in terms of their personalities, attitudes, values, strengths, and weaknesses. Peter Drucker Markets change, tastes change, so the companies and the individuals who choose to compete in those markets must change. An Wang Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 11. Live Your Professional Career Be observant, keep an open mind, learn, adapt, take action, and choose the future. When you focus on excellence, you will see successful completion of projects. You will make the right decisions. You will be persistent to improve your communication in a precise and concise way in other’s context so that others would understand your message. You will win over them. Milton Chang Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 12. Career Planning Cycle 5. Work 4. Action Networking & Offers & Success at Initiatives Work Search Acceptance Work Continuous Learning Exploring Interview & Improvement Opportunity 3. Decision 6. Life & Career planning is a process of identifying what you’re good at; Making Career how your skills, talents, and interests translate into work; and Change & how to find that work that best Learning Re-evaluation Objectives Balance Plan meet your needs on your schedule. Goal Setting 1. Self- 2. Research & Assessment Analysis Technical & Learning Exploring & Intelligence SWOT Gap Analysis Transferable Skills Pattern Shadowing Values & Interests & Market & Information Work Whole Person Motivators Personality Labor Changes Search Characteristics Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 13. Tech Career Framework Competency Advantage Competitiveness Economics Size & Scope Market Life Cycle & Value Chain Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 14. Present Economic Crisis (2007-2009?) Major financial crisis investment banks, insurance firms and mortgage banks consequent to the subprime mortgage crisis Unemployment construction, real estate, financial services, transportation, and auto sector Debt credit and mortgage defaults, foreclosure, bankruptcy Crisis is moving upwards in the value chain and consumer restaurants, lodging, travel, insurances technology sector Government fiscal crisis, bailout, stimulus Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 15. Discussion How does the present economic crisis impact your Industry Business Occupation Job Neighborhood Family and Friends Finances Time How long could you survive without a job? How will you go about weighing your career options? Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 16. Competitiveness Competencies Advantage Competitiveness Economics Size & Scope Market Life Cycle & Value Chain Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 17. Competencies [Behavioral repertoires and knowledge instrumental in the delivery of desired career-related results and outcomes] Assessable & trainable Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 18. Competency-based Skills, Values, Motives People Operational Emotional Intellectual Business generation Initiative & Interpersonal Vision & Strategy Bottom-line focus Responsibility Coaching&development Organizational Execution Steadiness Influence awareness Systematic approach Self development Networking Analysis & Judgement Project management Effective Professional expertise communication Innovation Constructive teamwork Environment Objectives Relationships Structuring Professional challenge Harmony Rate of change Recognition of performance Honesty Absence of stress Financial reward Cooperation Influencing techniques Security Integrity Working environment Fun while working Fairness Development opportunities Identification Hierarchy Building Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 19. Engineering Career Path People GM/Exec, Advisor Competency Industry, BD Mgt Mkg & National, Sales Global Entrepreneur Business Op Mgt leaders Op Consultant, Inventor, Specialist Prod Dev, Technologist Technical R&D Entry Senior Principal Lead Scope of Work Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 20. Advantage Competency Advantage Competitiveness Economics Size & Scope Market Life Cycle & Value Chain Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 21. Market Life Cycle Market Opportunities Activities Enterprise 1 Product C Life Cycle Product B Life Cycle Product A Life Cycle (New-to-the-world) Start-up Product Pipeline R&D Business Life Cycle Time Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 22. Regional Advantage Example of the Silicon Valley Competitive Capabilities Challenged Capabilities Entrepreneurship/New Manufacturing business creation Back-office operations Research and advanced Product and process technologies enhancement Cross-disciplinary research New product concept/New business model Market development Global integrated management Source: A.T. Kearney analysis Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 23. Bright Spots in Regional Job Market Example in the Silicon Valley Demand remains strong for cutting-edge engineers Emerging clean-tech sector keeps ramping up on venture capital investments — a record $1 billion nationwide in the third quarter Venture funding remains strong in the life science sector Opportunity for companies that can deliver cost savings Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 24. Questions to Consider What factors are important to you? Why are they important to you? Which can you influence? Where is the opportunity? What are you good at? What are your choices or options? How can you gain better assessment? What do you do when opportunity knocks? Who can help you? When must you make a decision? Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 25. Personal Action Framework Your Value Proposition Advantage Competitiveness Economics Your Resources Your Time & Focus Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 26. Personal Action Framework Your value proposition Adopt a habit of constant learning with sequential specialization across multiple functions, disciplines, and cultures Be the best, become an industry insider that demonstrate a sound grasp of technology and business fundamentals Focus on excellence to satisfy customer and societal needs Articulate your message of value-creation that is within your capability Hold the right attitude to work with objectivity, humility, respect, and giving Be selective and build a successful track record in what you do Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 27. Personal Action Framework Your resources and focus Have good relationship skills, valuable networks, and hidden resources to support your endeavors Realize and understand true teamwork, diversity, and empowerment Develop a maturity in life to withstand adversities and to deal with uncertainties and changes Have a backup plan Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 28. Personal Action Framework Your time Manage your time wisely Scouting Trends of industry and economy Market forces (a targeted market) Regional capabilities Maneuver Quantify time, finance, and key constraints Identify and prioritize key motivator Analyze strengths and weaknesses Take inventory of transferable skills Mobilize resources Take calculated risks and set objectives Rapid Tempo Identify opportunities, focus, make decisions, and implement plans quickly or make things happen Achieve a balance between work and life, and renew oneself to press on Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 29. Recruiting Process 5. Pre-hire 4. Interview Assessment Leadership/mgt Decision-making Technical Skills Transferable Skills simulations Assessment In-depth Personality Structured Committee Hearings / Interview Assessment Interview Assessment 6. Hiring 3. Screen 7. Onboarding Decision Description / Scorecard Resume Screen Qualification Feedback References Job Applications Testing 1. Requisition Questionnaire 2. Sourcing Competency Model Skill Gaps Job Description Talent Pool Advertisement Referral Business Job Fair Headhunter Online Posting Criteria Description Copyright © 2008 by Eric Passive Candidate TS Pan. Internal Posting Outsource Agency All rights reserved. Research
  • 30. Pre-hire Assessment Interviews alone are a poor selector of talent 25% accurate in fitting a candidate with a position, boss, team, and company culture Interviews provide only a view of “role style,” an individual’s behavior when he or she is conscious on the impact Pre-hire assessments pinpoints the candidate on the job in “operating style” much more often, not conscious of the impact being made A poor hire is extremely costly Depending upon the position, a poor hire can cost a few hundred thousand in direct costs Indirect costs may run hundreds of thousands to millions more depending upon the strategic decisions poorly made and poorly executed More companies are using pre-hire assessments for senior level positions Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 31. Advice for Candidate Be honest about your abilities, assessment can pick up faking and produce faking scores It is all about ‘FIT’ on both sides. Good fit means a successful position for candidate and employer Make sure to ‘interview’ the company as well Ask for feedback For more information on pre-hire assessment Contact: Harly Neumann, Ph.D. hneumann@stanfordalumni.org 925-899-0701 Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 32. Exploring Other Occupational/Career Options Education Entrepreneur Finance/Insurance/Investment Franchise Import/Export Independent Professional Health Care Law Enforcement and Legal Nonprofit Small Business ? Copyright © 2008 by Eric TS Pan. All rights reserved.
  • 33. Career Planning Toolkit for Technical Professionals books.google.com ISBN 0975448005
  • 34. Contact Eric Pan eric_pan@meridiandeployment.com Meridian Deployment Corporation www.mdc-learning.com Copyright © 2008 by Eric TS Pan. All rights reserved.