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Your Potential Beats Actual Achievements: Really?

The Wall Street Journal reported a study conducted by scholars at Stanford and Harvardsuggesting that employers are willing to pay more for candidates with high potential and promise than those with actual, proven performance. Is that for real? If so, how can job candidates demonstrate their potential during the interviewing process?

In this study, researchers asked 77 participants to evaluate two hypothetical applicants for a managerial position based on the candidates’ performance on two tests, one measuring a candidate’s leadership potential and the other measuring the actual leadership achievement. It turned out that these 77 participants were more excited with the candidate who did very well in leadership potential but moderate in actual achievement, as compared to the candidate who did very well in actual achievement but moderate in leadership potential. Interesting, but really?

I do not think potential alone can make the cut in job search especially in today’s economy. I tend to agree with Peter Cappelli, a Wharton School professor, on the fact that today’s employers are expecting new hires to immediately do the job. In fact, many employers only consider those candidates who have already had a similar job in hand. In this case, it seems that employers pay more attention to candidates’ actual achievement and work experience rather than assessing their potential.

I remember when I was interviewing for jobs as a doctoral student in 2008 and 2009. One university had great interest in my application. After the phone interview, the search committee believed that I had great potential and wanted to invite me for campus interview. I received a call later, requesting me for a copy of my actual publication(s). Even though I had several papers under review at that time, I was told that they must document at least one actual publication of mine before they could invite me for the campus interview.

Luckily, there were other schools extending an offer to me based on my potential instead of my actual publication record. I very much appreciate those schools, especially my current employer Syracuse University. Over the years, I believe I have shown SU that I can publish in high impact journals in the field.

Now that I compare my personal experience with the study about a job candidate’s potential and actual performance, I recommend job seekers to document their potential in addition to their actual achievement on their resumecover letter, and LinkedIn profile. For example, a job candidate can show that s/he is acquiring new skills through projects, training and development programs, and degree in-progress.

How can job candidates “document” and demonstrate their potential in job search? Any suggestions?

Relevant discussion:

References:

Silverman, Rachel Emma. (2012, July 25). Your potential beats actual achievementsThe Wall Street Journal, B6.

The picture was downloaded from www.cartoonwork.com.

High Unemployment Rate Does Not Mean an Easier Job for Hiring Managers

February 5, 2012 2 comments

High Unemployment Rate Does Not Mean an Easier Job for Hiring Managers America added 243,000 jobs in January, which brought down the unemployment rate to 8.3% (Dougherty, 2012). The result was better than anticipated, but it is still expected to take a long time before the number drops to 5% or below. A high unemployment rate means that many people are unemployed. Chances are they are all looking for a job. Then, does a high unemployment rate make recruiting and hiring easier?

HR managers will probably tell you how difficult recruiting and selection have become as they need to find the right candidates in “the sea of applicants.” According to Weber (2012), Starbucks attracted 7.6 million job applicants for about 65,000 corporate and retail job openings last year (about 120:1). Procter & Gamble received almost one million applications for 2,000 new positions (about 500:1).

Many companies have to rely on technology to help screen candidates (as seen in the embedded picture and video). Often, job seekers are asked to submit their online application, which builds a data base for the company. Then, a computer program will help the company screen the résumé or applications with “matched” keywords and relevant experience.

Selected candidates may then proceed to the next steps, such as phone or in-person interview(s), assessment testing, background check, etc. A screening system costs between $5,000 and millions of dollars. With the aids of technology, however, companies can cut down the average cost of hiring a new employee to $3,479 (normally, it could cost $5,000+ for each new hire).

The major pitfalls of this automatic screening system come from its validity and reliability issues. It is possible that machines will make mistakes by screening out some quality applicants and/or include some less desirable candidates.

How useful do you think these automatic screening systems are? What strategies can a company take to ensure that the machine can yield accurate and reliable results?

How can job seekers prepare a résumé and an application letter that match the machine’s selection criteria?

Relevant discussions:

References:

Dougherty, Conor. (2012, January 4-5). Jobs power market rebound: Unemployment dips to 8.3% on Broad Gains. The Wall Street Journal. pp. A1 & A6. Also available online.

Weber, Lauren. (2012, January 24). Your résumés vs. oblivion. The Wall Street Journal. pp. B1 & B6. Also available online. The picture was also downloaded from this side.

Highlighting the Deliverable and Quantifiable Results: A Piece of Career Advice from a White Lodging Manager

November 10, 2011 1 comment

Today, Jason Bretz, the General Manager of Hilton Garden Inn Saratoga Spring (White Lodging), spoke in my Hospitality Human Resource Management class and conducted some job interviews on campus. He received his bachelor’s degree in Marketing, but he started his career in the lodging industry upon graduation. I was glad to hear his career advice in class today. 

According to Jason, relevant work experience is definitely important, but he is also looking for candidates who can deliver quantifiable results. For example, if a student tells him that s/he worked at the Front Desk, Housekeeping, or any position in a hotel, he knows what kind of work the position is involved. As a result, a resume that simply lists a person’s job responsibilities does not help this candidate stand out from the crowd. It becomes critical that a job candidate can describe how much impact s/he has made at work. More specifically, it will be helpful to see a statement like “increased sales/revenue by 10%,” “reduced costs by 20%,” “increased GSS (Guest Satisfaction Surveys) Score from 90 percentile to 95 percentile,” and etc. Employees may not have the access to the statistics, but they may can their managers before putting the information on their resumes.

When you are writing the cover letter and resume, do you pay attention to the deliverable and quantifiable results? If you were in class today, what are your takeaways?

Relevant discussion:

Career Advice Suggested by a Restaurant Recruiter

Thoughts and Advices from Three Hospitality Professionals (Jason Bretz’ previous campus visit in the spring).

References:

The picture shows a White Lodging property — the J.W. Marriott Hotel in Indianapolis, which was downloaded from the hotel’s web page.

Job Interview Tips

May 24, 2011 1 comment

I hope that all college graduates have launched their first job already by now. If not, let’s revisit an old topic of job interviews. The following discussion is built on a CNN News video

  • Practice “Elevator Pitch” — A candidate needs to catch the interviewer’s attention in 10 to 30 seconds.
  • Prepare five or more copies of resumes — It is possible that more than one manager will be interviewing the candidate.
  • Have an online profile ready (i.e. LinkedIn) and list the hyperlink on the resume — It would be better if a candidate’s profile has good recommendations to support his/her credentials and qualifications.
  • Maintain a professional demeanor — Showing up on time (not too early or late; it is good to show up 10 minutes before schedule), wearing professional dress, and having a firm handshake are important.
  • Listen and maintain good eye contact — the video suggests a “50/50 rule”, which means 50% listening and 50% talking. Writing down two or three thoughtful and engaging questions for interviewers is important. By asking intelligent questions, a candidate will be able to demonstrate his/her interest in the job and keep up an on-going conversation.
  • Follow up with a hand-written thank you note — as exactly what I discussed before “A Personalized Hand-Written Thank You Note: Why Bother?
  • Practice and practice — complete mock interviews before doing the actual appointment.

If you took my Leadership and Career Management class, Ms. Susan Terasaka and I have covered all these topics. Do you think these suggestions helpful? What other topics do you think the Leadership and Career management class should cover? If you interview candidates at work, what other advices will you provide to job seekers?

Social Media and Job Search III

We have covered the topic of using social media in job search before. Today, however, I would like to bring up this “old” topic again by sharing another ABC News video with you; I am going to highlight three “new” suggestions.

First, a LinkedIn profile could be more important than a resume. Many recruiters may feel that a public profile on the Internet can better reflect a candidate’s “real” credentials because people tend to be “honest” when they disclose their experiences, responsibilities, and education online. To me, a LinkedIn profile is definitely more important than a resume because I have found it more efficient and effective to refer a student or a job seeker to my connections on LinkedIn.

Second, keep in mind that few employers want to hire negative persons — a negative person can be referred to as those who constantly complain about just anything. Job seekers need to be very careful of what they put on the Internet. Here, avoiding negative complaints is different from having professional or even critical opinions. As a matter of fact, a candidate can demonstrate his/her expertise by being critical. I believe the key is whether a candidate knows what he is talking and whether s/he can offer constructive criticism.

Last, a candidate is advised to show his/her personality. Job seeking is very similar to “dating” in a lot of sense. While an employer is looking for candidates who fits in the organizational culture and the jobs, job seekers also want to settle for the jobs they like. If a candidate does not fit in the organization or job but secures a job offer by “pretending” to be somebody else, the candidate will find his/her life miserable in the new position and may soon leave the company. Showing a candidate’s true personality can be good for both employers and job seekers.

What additional suggestions do you want to add in regard to using social media in job search?

Relevant discussions:
Revisit Social Media and Job Search
Social Media Job Search Tactics

Faking a Professional Profile? Really?!

I understand that it is a tough market for job seekers. I am also well aware that some people sometimes may put something on their resumes that they have never done. However, I still felt shocked when I watched this MSNBC news video.

A website* is offering a support service to those who want to lie about their past. For $125.95, the website will provide customized references for a fake resume within 24 hours and guarantee subscribers for a real job interview because of the website’s “perfect” references. What?! Should there be some regulations to stop this kind of services?!

While a person can structure a resume in a variety of ways to target different employers or even highlight different qualifications for specific audience, s/he should NEVER lie about his/her credentials or experiences. An A or A+ organization will always value integrity. That’s probably why there are so many background check companies out there, helping employers to distinguish the “real” best candidates.

I can see why more companies are using social media in employee screening — they are trying to evaluate a candidate from as many angles as possible. We call it “triangulations” in qualitative studies. Living in a society where people may “steal” or “create” identifies, how can employers distinguish the real best candidates from the crowd? Meanwhile, how can those honest job seekers stand out from the crowd? What are your suggestions?

Some relevant discussions about job search:
Revisit Social Media and Job Search
Social Media Job Search Tactics
Writing an Effective Cover Letter
Student Resumes
Cover Letter, Resume, and LinkedIn

*I do not spell out the website’s name because I do not want to help the website increase its visibility in search engines.

Interested in watching the MSNBC video, please visit http://on.msnbc.com/dPdksX

Cover Letter, Resume, and LinkedIn

December 21, 2010 1 comment

Bob Dixon is a businessman and looking for a job on LinkedIn. He ended up helping veterans find jobs by giving his professional critics on cover letters, resumes, and interview skills on LinkedIn. I agree with Bob Dixon that (a) cover letter is a marketing tool and needs to get recruiters’ attention and (b) resume is the key to get an interview and needs to emphasize a job seeker’s qualifications that fit in a particular position. Even though these two documents have two purposes, they all need to show off job candidates’ strengths and qualifications with quantifiable facts and specific accomplishments.

It is no doubt that Bob Dixon is providing great service on LinkedIn. He networks with other LinkedIn users and demonstrates his expertise by helping others, which is also an important social-media job-search tactic. I hope more headhunters will reach him after they see Bob Dixon’s featured interview on Fox News. He has my best wishes for finding his dream job.

Job search is beyond sending out cover letters and resumes these days. A “complete package” is the key. What are your opinions?

To watch the Fox News video, please visit: http://video.foxnews.com/v/4467758/strategies-for-success/
Picture was shared via http://blog.mindbites.com/wp-content/uploads/resume.gif

Writing an Effective Cover Letter

October 20, 2010 Leave a comment

A cover letter is as important as a resume. If you are asked to complete an online application, which is the norm of these days, chances are you need to submit a cover letter together with your resume. We discussed how to prepare a good resume before. Today, we are going to share some suggestions on how to write an effective cover letter.

1. Be concise and specific. From the first paragraph (two or three sentences), you need to inform the readers of who you are, what your biggest strength or your qualification(s) is, for which position you are applying, and from which source you heard about this opening.

2. In responding to what the company is seeking, use one or two paragraphs to highlight your significant achievements, relevant work experience, and leadership skills. It does not have to be long, but measurable results are preferred.

3. Show your great interest to the job and the company with a brief closing statement, such as thanking a recruiter for his/her attention, requesting for an interview, and asking what next step(s) of the screening process is.

4. No matter how long a candidate’s resume or curriculum vitae is, a cover letter must be a one-page, 3-4 paragraphs document.

5. It must be a perfect statement because it creates the first impression.

6. Keep a copy of every cover letter you sent because you may want to check what you have said about yourself in the future.

Do these suggestions seem useful to you? What are your suggestions?

References:
Picture was copied from http://www.cpsu.org.au/campaigns/news/10147.html

Student Resumes

September 28, 2010 2 comments

I see resumes as a personal statement that highlights a person’s achievements over time. Accordingly, a good resume can be “personal,” where the person needs to make the ultimate decision on what should be included in the document. Meanwhile, a good resume must demonstrate a person’s qualification(s) for a targeting job with “quantifiable” achievements and “outcomes.” 

In my Leadership and Career Management class, I teach students how to write an efficient resume. In general, I make the following suggestions to college students: 

  1. Objective is NOT necessary because a vain objective is a useless statement while a specific objective narrows a person’s career options. A specific objective may work if a person is exceptional and has interest in only one particular career option.   
  2. In terms of education, information of high school diploma, the department name or the college name is not important. However, the university that issues the degree, the degree itself, major(s) or minor(s), and expected graduation date are important.
  3. In addition to using action words in describing professional experience, it is critical to “quantify” a person’s work and demonstrate the “results” of this person’s effort. If a student participated in a marketing campaign, recruiters want to know how many attendees the student or the team attracts. How much money does the student or team make in the end? It is good to know if a student works hard, but it would be even more impressive if a student’s work makes contributions or creates significant outcomes.
  4. Leadership should become a “watermark” of a student’s resume. A student can demonstrate his/her leadership skills by showing a progressive career path over years or through the leadership roles a student takes at work or in extra-curricular activities.
  5. When listing skills, please only list the skills that will set a person apart from other candidates. Microsoft Word, Excel, and PowerPoint are old technologies, and every college students should be very efficient in these tools. So, they are not important. However, Proficiencies in Microsoft Visio, Microsoft Project, Photoshop, Prezi for presentations, Java Design etc. could be important.

 What are your suggestions?

 References:
Picture was downloaded from Blog.Hrinmotion.com via: http://tinyurl.com/linchikwok09282010P

Job Questions Answered by Troy Johnson at ABCNews.com

September 9, 2010 Leave a comment

When college graduating seniors are getting ready for interviews and entering the work force, I would like to share an ABCNews video about job hunts. In this video, Troy Johnson answered five frequently asked questions:

1. Is it a good idea of using a recommendation letter or references that was dated 10 years ago?
2. Is it appropriate to knock a company’s door even the company states “no visits or no phone calls”?
3. When is the best time to ask questions about salary?
4. What is the best way to state my career objective?
5. How can I find my dream job?

I agree with Troy Johnson. I also believe job hunting these days is not about what “I” want. Sometimes, it is not even about what “I” am good at or how good “I” am. It is more about what the employer wants. So, when writing a resume and preparing for an interview, I suggest candidates keep in mind of what the prospective employer is looking for and ask: What can I bring to the table? What contributions can I make after I get hired?

To watch the ABCNews video, you may visit http://abcnews.go.com/GMA/video/find-dream-job-11589317&tab=9482931&section=1206834&playlist=4806504&page=1 or http://linchikwok.blogspot.com/2010/09/job-questions-answered-by-troy-johnson.html

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