Showing posts with label business technique. Show all posts
Showing posts with label business technique. Show all posts

Wednesday, January 2, 2013

Snakes & Ladders – How will you manage your staff against the plans you made for 2013?

Our blog has moved. You will find this blog post and fresh content on our new Global Engineering Jobs blog.

The only thing you know for certain about the budget, said an old mentor of mine, is that it’s wrong.

One way or another, you’re going to have issues with the plans you made in November for the year ahead. Not surprising, given that you aimed to somehow foresee the next year’s market conditions, predict the performance of your customers and anticipate everything from super storms to the attrition of key personnel.  Then you reconciled this guess work with your shareholders’ aspirations – which are seldom modest or undemanding – to produce ‘the plan’.

Beyond the obvious problem – the fact that you have no idea if the reality will render the theory absurd – which you can’t waste your time worrying about, you have a major concern that you can and must address:
How will the ever present plan, and perceptions of success and failure, affect your staff’s actual performance?

Whatever you business, and engineering staffing is a perfectly good example, you have some ladders to take advantage of and a number of snakes to avoid in managing productivity.

Ladder 1
New Year Urgency
It’s simple. Your well rested staff return to work fired up, full of resolutions and raring to go. Success follows. Happy days.

Snake 1
New Year Attrition
Not everybody translates their ‘New year – new start’ positivity into hard work for you. January is the biggest month for hiring and job seeking. Right now one of your key staff is planning to make a fresh start of a different kind this year. You are never more vulnerable to turnover among strong performers than you are in January. Have some conversations and make sure you know how your top people are feeling.

Ladder 2
Motivation increases from strong start
So Q1 has gone great. By and large your staff over performed. The atmosphere is buzzing and there’s a great deal of confidence about the year ahead. You can harness this to drive greater productivity. Increase the optimism through the promise of additional rewards. Share some of the results of the over performance, you might see it again in Q2.

Snake 2
Complacency sets in as your staff hit the cruise control button
Some will use success to strive for more success, others will use success as a justification for slowing down. Again your answer is in adjusting rewards. You can’t use the stick for someone who’s overperformed, but you can switch the carrot out for something slightly larger and more juicy. Increase the performance rewards at the highest thresholds and motivate people to excel further.

Ladder 3
Fostering long term development
When you’re on target, you have the opportunity to invest time and energy in developing your staff. If you know they are going to hit targets, you can spare a little time for training, team building and all the other things that are, conversely, the first casualties when you begin to slip behind. When things are going well this year, give serious consideration to investing a little energy in longer term productivity. If you don’t take advantage of successful times to do this, you never will do it.

Snake 3
Entitlement increases from ‘high value / high maintenance’ mentality
Many a trajectory has begun with early success, followed by plateau and then freefall – induced by the early success itself. A proportion of the people who work with you will take pride in their success over the line and become entitled. I’m contributing all this, I should be getting more. I’m better than they are, I should be treated better. These people need me more than I need them. The worst thing about this reaction to success is that it can inflict collateral damage on other staff. Egotism is a virus and it spreads quickly. If you look to reward high performers early with extra benefits to reach for and investment in their skills, they will feel rewarded in both the short term and long term. Entitlement is never just the result of performance, it is the result of performance combined with a lack of perceived appreciation.

Ladder 4
A definition of minimum acceptable performance is understood and you can manage to it
The plan allows you to manage underperformance, because of clearly understood targets that are either met or not met. If they are not met, you have a very clear mandate to chase good performance, or to let people go accordingly. The threat of failure can be a great motivator and if you’ve got an agreed threshold, there is never any ambiguity. Make sure the staff understand the importance of accomplishing targets and then dig in to the work of helping them get there, even if it means reforecasting to meet external challenges.

Snake 4
Doom, gloom and dismal prospects will never inspire improved performance.
If your staff are chasing after a plan so unrealistic as to be entirely unachievable they will not be motivated by it and it might as well not be there. The double threat is that they will hold you responsible for signing off on the budget in the first place. Maybe you were trying to please shareholders; maybe you were just wholly unrealistic. It doesn’t matter – there’s a massive burden to carry everyday and you gave it to them. Sure, they accepted it, but what other choice did they have? If all your staff have to look forward to is one round of meetings after another where they are asked why they are so far behind the forecast, they will not stick around to endure it; they’ll just go somewhere where they can get an even break. And you know that regardless of the plan, they may just be performing better than you honestly expected.

There are many more ladders and many more snakes and I’d be fascinated to hear your own versions. The bottom line is that you’re going to play this game whatever happens; your budget will either contribute to success or to failure. Which way it goes is up to you.



Richard Spragg writes about a number of issues related to engineering jobs. Find out more about Talascend, about electrical engineering, about civil engineering and about mechanical engineering jobs from Our Website.  

Thursday, November 1, 2012

5 free online tools that you might actually find useful (you know, for business)

Our blog has moved. You will find this blog post and fresh content on our new Global Engineering Jobs blog.

1.     Twitter

Common perception: 
It’s a way to tell people what you just ate for dinner

Newsflash: 
It’s a way to find out what your potential clients need right now

You don’t need to tweet anything yourself. It is unlikely that anyone in the world wants to know your every unedited thought. I wish this message would get through to athletes everywhere, who seem intent on Twitter-assisted career suicide by sharing every response to the boss/coach/owner’s latest statement without any pause for thought.

The key to Twitter is to follow and listen. Follow all of the customers you have and all of the customers you want. They are talking constantly on Twitter. At some point, a 15-year-old marketing consultant told them all they’d be bankrupt in 6 months if they didn’t start tweeting every day. And they listened. The result? Genuinely live information reaching the market faster than any corporate PR announcement or press release ever did. ‘ABC Ltd is pleased to announce Jane Smith as the company’s new head of engineering and construction jobs.’ This kind of information should be gold dust to your sales teams in staying ahead of the game.

2.  YouTube
Common perception:
A total distraction

Newsflash:
It’s the best training resource in the world

Yes, there are dogs in party hats and teenagers kamikaze stunts on skateboards. But there is a lot more besides. YouTube is to training what the Nintendo DS is to parenting. It may be a shortcut, and it can’t replace the real thing – but it’s extremely useful when you’re stretched.

YouTube contains videos from genuine experts on every subject from How to Input a Table of Contents in MS Word, through to explanations of the Liquid Natural Gas industry. Running a business in New Zealand and don’t know enough about doing business in China? How about an interview with the New Zealand Enterprise Commissioner & Consul General in Guangzhou? It’s called ‘Doing business in China.’

PowerPoints are good. Training sessions are great. But unless you’re going to commit resources to the design, production, execution and updating of these materials, you may find YouTube better value for money. Its available 24/7, anywhere in the world and can be immediately accessed. It’s also free.

3.   Trello

Common Perception: 
What’s Trello?

Newsflash:
It’s a life changer

If you haven’t discovered Trello yet, you might be one of a good number of people whose world it could change forever. Are you using MS Outlook to perfectly integrate all your action lists with your calendar and e-mails? No? Nor am I. If you’re one of the 0.1% who have actually mastered the full functionality of Outlook and found a way to make it practical and interactive across your team, congratulations. You may stop reading and go for some frozen yoghurt from that stall you like in the mall. 

For everyone else, there is Trello. Trello is an online system of post-it notes on the wall. Like the post-it notes on your desk and computer, you can move them around, add a new one easily and take down the ones you don’t need. Unlike the post-it notes, you can share them with others across the web, attach notes to other people, organize them into easy lists and protect their security. You can change their color coding, keep them in various different projects, and get updates every time someone adds or subtracts anything. Most importantly it works because it’s like your post-it notes. It’s simple and visual for the non-superheroes amongst us who just don’t want to forget anything.

4.     Skype

Common Perception: 
It’s an instant messenger where my staff can distract each other all day, or avoid picking up the phone for tricky stuff

Newsflash:
It’s free international video conferencing.  

I talk to my team almost every day using this tool. I feel like I’m in the room with them. This is helpful, because with Talascend’s global footprint and our global engineering staffing framework – I’m not often actually in the room with them. This tool has changed the way we operate. Get a $30 web cam, click call and start enjoying the instant benefits of a tool that used to cost high-end big businesses a fortune. And on the weekend, you can call your mom and make her day.


 5.    Join.Me

Common Perception:
GoToMeeting and WebEx are the only solutions

Newsflash:
No they’re not

Join.Me requires no permanent downloads, is available immediately and is completely free. All you need is a phone (or better still Skype) and you can share your screen (and control of your screen) with anyone you like in a secure and simple environment. No planning required, just a link you cut and paste in seconds. Sometimes you just need to see what your colleague is talking about. Join.Me lets you do that.

So there it is – five tools that can make a genuine contribution to your business. Yes, there are down sides to each of them. But one of the best pieces of advice I was given when I wanted to ban a distractive tool from a team I was running was this – you have to manage the people, not throw away the tool. If your systems are blocking any of these tools – I understand why, but I’d urge you to find another means to manage their use that doesn’t involve dispensing with the real benefits of the technology.

I’d also urge you to make sure your perception of every available tool is accurate. You could be missing some major opportunities to streamline the way you work, whether it’s just your own workload you’re balancing, or if you’re managing a team, a region or an entire business. 



Richard Spragg writes on various subjects including global engineering jobs, staffing and marketing in the technical sector.

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Monday, August 13, 2012

Are you killing Linkedin?

Our blog has moved. You will find this blog post and fresh content on our new Global Engineering Jobs blog.


For me, LinkedIn is becoming less effective as a networking tool every day.

I've loved LinkedIn for years. I was a ground floor user and a big exponent of the idea. But now I have a major issue. Stop me if you’ve experienced this hypothetical situation before.  I see a contact to whom I’d really like an introduction, and I notice that one of my connections – someone I used to work with – is connected to them. Great I think. I can get an introduction, I think. So I contact my friend and I say ‘Hey, can you introduce me to Jane Smith at ABC Ltd? I’d really like to pitch something to her.’

My friend sounds blank at the end of the phone and says ‘Who’s that?’

LinkedIn is a networking tool. That’s the central idea. So I’m forced to ask – what use is a network where nobody knows anyone?

The race to 500+ connections, seen by some people as important to their LinkedIn status has created a culture of accepting people we barely know, met briefly or don’t know at all.

If you’re not able to sustain a functional acquaintance with someone – and acquaintance is fine, they don’t need to have walked you down the aisle, or sold a start-up with you – then you should expunge them from your network.

It’s time to see LinkedIn the same way that most of us see Facebook. Who really wants the latest update from that person you met at that party two years ago who you never spoke to afterwards? Remove Friend; because only a fool would sacrifice the functionality of Facebook because they wanted to be seen to have more friends. So why do we not take the same approach on LinkedIn? Are we really so desperate to seem well connected in theory that we’re prepared to compromise the usefulness of a tool that could lead to us being well connected in practice?

There’s a guy called Adrian Dunbar who’s a professor of Anthropology at Oxford University - which probably makes him smarter than me - who says that the human brain can only constructively sustain 150 relationships, whether it’s online or offline. Just 150. Personally I don’t know how anyone can handle even that many, but when I think about it, I guess it’s feasible. If I add up all my family and the people I still talk to and keep up with, even if infrequently, I can get to that number.

I cannot get to 965.

Nor can you. If you have 965 LinkedIn connections you are surely wasting your time. And if I contact you to try to network with you, you’ll be wasting my time too, because there’s now a one in eight chance that you’re going to know the person I’m calling you about. How does that make us all look? Smart? Well connected? Or, as my friends working engineering jobs in Houston say, dumber than a bag of wet mice?

Clear out your LinkedIn profile. Get down below that 500 number to something you can realistically use. Imagine a LinkedIn timeline that wasn’t full to the brim of trash you didn’t care about. Imagine if it was only updates from people whose business interests interested you. Think of the interesting calls you could make. Think of the networking you could do and the introductions you could affect. That’s not social networking, that’s networking and the more of that you do, the better you'll be at your job and the more money you’ll make.



Richard Spragg writes on various subjects including global engineering staffing and skilled labor jobs. For more details about Talascend and engineering staffing, visit our website. 

Monday, May 7, 2012

Urgency vs Importance - the key to business sanity

Our blog has moved. You will find this blog post and fresh content on our new Global Engineering Jobs blog.

I want my lunch. It’s 12.30pm, and I want my lunch.

Two distractions in the last hour have stopped me  from completing this blog (which was the job I gave myself the last hour before lunch to complete.) The blog is important, the interruptions were urgent (although neither turned out to be important). But what could I have done differently? They were urgent. It’s not always easy to make the distinction between urgency and importance. Stephen Covey, a clinical psychologist and expert in organizational psychology, uses a simple diagram that was something of a revelation to me when I was first shown it by an old boss. It is a set of four boxes. The diagram divides all of the tasks and responsibilities we have into four categories, called ‘Quadrants’. Covey calls them I, II, III & IV. (Pictured.) As a basic definition, an urgent task is one where speed is the most pressing factor. An important task is one that has a significant impact on the business and your role in it.                                                             
 
Whether we realize it or not, we are constantly prioritizing things in this way. For example, calling a client to confirm a start date for your candidate may be the most important thing on your to-do list, but it is not as urgent as finding the contact lens that has just fallen on the floor. The contact lens has no significant impact on your job in the long term, but it must still be done first.

For a sales person, writing the Meeting Report from yesterday’s visit is very important. Everyone appreciates the need to fully document our interactions with key customers. The knowledge accumulated from these visits contributes significantly to our understanding of our customers and potential customers. It is more important to develop this long term understanding than it is to place one single person. But you still make the call to your customer to confirm that start date first, because it is more urgent.
 
At first glance the answer to all this might seem simple. Spend as much time as you can in Quadrant I, avoid  everything in Quadrant IV and spend what time you need to Q II and QIII as necessary. But the reality is much more complex than that. You might think that a CEO would spend all of his time in Quadrant I and a clerical worker would spend all their time in Quadrant IV. But it’s not the case. Whatever your role, you have urgent and important tasks. The receptionist who greets the big client visiting the office is performing a function of significant importance and urgency. The first impression could make all the difference and this interaction will be their first encounter with anyone at Talascend – it’s very important. As to urgency – imagine your client left standing there for 5 minutes while your receptionist finishes some new hire paperwork.

Balancing importance and urgency in your day to day tasks is the road to sanity in time management,  falling into the common pitfalls, will send you hurtling in the other direction. Basics first. Spending all your time in Quadrant IV will get you fired – and quite rightly. Activities like surfing the net, making personal calls or going to get coffee are not the things careers are made of. But QIV has its place, and more of that later. Quadrant III is the deception Quadrant. This is where time is sucked away. A lot of things in this quadrant are masquerading as urgent when they are actually not. Badly planned meetings, phone calls that are twice as long as they should be, some types of paperwork etc. Interruptions are the most common sources of distraction in QIII like the two I ran into in the last hour. 

It’s difficult. 

If a member of your team says ‘Can you come and help me with this?’ you need to go and help. If it turns out not to be important or urgent – that’s going to cost you. Good time management will ensure you don’t spend too much time in this quadrant, as will clear communication. A friend who works at Google insists that you can control distractions to some extent. If he speaks to an external vendor who might have something he is interested in, He will ask them to call back between 2pm and 3pm. This is also his open office hour for his staff’s minor issues. It allows him to schedule distractions.’ I know I’ve got to have these  conversations,’ he says, ‘At least this way I know when they’re coming.’

Spending all your time in Quadrant I will send you to some kind of institution. Nobody can do it. Quadrant I tasks carry inherent elements of stress (deadlines and pressure mostly) and to be done well need to be balanced with other tasks – even, surprisingly, a little bit of Q IV. QIV is closely linked to QI. In between two urgent, important tasks like finishing a board report and doing a press interview, a friend of mine at Amazon.com always takes a break, he says he will wonder out of his office, get a diet coke and spend five minutes talking to a colleague about football. Even if it means being a little late. He will do a better interview that way. What he’s doing is visiting QIV to help him do a better job in QI. If we don’t plan to spend a little appropriate time in Q IV, we will end up there anyway. Because that’s where we run when we burn out. Spend six or seven hours on any given day focused entirely on something demanding, and you will not be productive for the last two hours. It’s too late to take a sensible break then – you’re done. You’ll end up in QIV – walking round the parking lot, leaning back in your chair with your fingers pressed to your temples trying to re-motivate yourself. If you’d only planned to spend twenty minutes that lunchtime sitting in the kitchen with your iPod on reading a newspaper, and walked outside for a Starbucks for 15 minutes late afternoon – you’d have been fine. You might even have got a couple of extra hours out of your day.

This brings us to QII. QII is your source of sanity and control. Here lies  strategy and planning. Not spending enough time in this quadrant is the reason productivity falls apart. This is where you manage your time in all the other quadrants. Obviously, it’s easy to sacrifice the important in favor of the urgent. Nobody is going to lean over your shoulder and tell you to stop making sales calls so that you can sit quietly for an hour and make a list of things you want to accomplish over the next 12 months. That’s not how a business works.  But every successful business person from Donald Trump to Sir Alan Sugar is on the record saying that it is vital that you make time to do this. Stopping to check that you’re doing the right things is essential – even though it means stopping. 

Most sales and recruitment people are bad at this. It’s because we believe there is nothing more important than picking up the phone and selling. There are metrics to be hit, targets to achieve and money to be made. Surely the best way is to just get on with it? No. It isn’t. What we’re really doing when we do this, is driving our car around aimlessly hoping to stumble back onto the right road, rather than stopping and getting the map out. Chances are the fastest way to get there is to stop. As Yogi Bera said, ‘If you don’t know where you’re going, you may not get there.’ A sensible amount of time planning your week will make that week more productive, even if it means productivity time is spent on it. If you just throw yourself headlong into unstructured and unplanned activity – it doesn’t matter how hard you work or how talented you are, you’re going to spin your wheels without progress – costing you much more time than the  planning would have taken.

At the end of the day, all of this is about forming positive habits. Warren Buffet says that the chains of habit are too light to be felt until they’re too heavy to be broken. A sobering thought, but it’s equally true that good habits are self perpetuating and that the smallest positive impact of good time management on your day to day working life will make your life easier, and motivate you to do even better. Ultimately, nobody can manage your time for you. The right answer could be different for everyone. Understanding the difference between urgency and importance and planning time to carry out tasks accordingly is a starting point.

Now it's lunchtime.





Richard Spragg writes on various subjects including global engineering staffing and global engineering jobs.