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Archive for January, 2010

Leveraging International Experience to Launch a Global Career

Published Jan 28 2010 Updated Jan 28 2010

The world economy is in flux but emerging economies continue to drive significant growth for global enterprises. Global companies recognize that their best chances for success lie with recruiting managerial talent with international experience – it’s the big resume differentiator.

For students who have studied abroad, this is good news, especially considering the contracting U.S. job market. However, many students with who have lived abroad don’t understand how to package this experience in a way that’s appealing to prospective global employers.

And what do companies value most in the study abroad experience? Based on my conversations with many large, multi-national companies, the general attraction stems from the inherent curiosity in these global-minded citizens. For some industries or companies, the benefit ends there as they need global thinkers not employees willing to go overseas.

For those global companies for which an international experience is a true hiring differentiator, however, the payoff can be huge. The vast majority of professionals I interviewed on this topic agreed that if two applicants have essentially the same resume credentials, they would choose the one who studied abroad or possessed other international experience. The following attributes were cited:

  • Enhanced cross-cultural awareness critical to diverse, global teams
  • Ability to bring global thinking skills to bear on problems across the board
  • Multiple language skills, especially for non-American students who go abroad to English-speaking campuses
  • Predisposition to and experience with global mobility

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What You Need to Lead – Negotiating Tactics

Published Jan 26 2010 Updated Jan 25 2010

If you think about it, we’re negotiating on the job all the time.  Whether we’re asking for the big promotion, the funding to attend a training or conference, or to take a vacation during “busy” season, we’re in more bargaining situations than we realize at work.

Women, in particular, need as many negotiation tools as possible, given that we’re still paid less than men for equal work, and don’t have a critical mass―and therefore equal decision-making authority―at the top of companies.  Consider the following strategies the next time you enter a negotiation at work, and remember, real-life practice is the very best preparation for negotiating!

Do Your Homework

Before a negotiation, take the time to organize yourself from an informational standpoint.  Write out why you are negotiating for whatever it is, and the reasons for it. Then begin to assemble any supporting research. The more relevant research you have, the better you will feel about your argument and the more compelling your case will be.

So, if you were going to ask for an assistant, for example, you might do research within your company to see what the standard criteria is for hiring an assistant. How many people does an assistant typically support? How senior does one have to be to have an assistant? What kind of revenue does a department have to produce in order to justify having an assistant?

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Six Ways to Be a Smart Career Risk Taker

Published Jan 25 2010 Updated Jan 24 2010

To be highly successful in your career requires that you engage in risk taking. But risk is accompanied by fear–fear that you’ll screw up, fear that others will judge you, and fear of the unknown. Confront your fear and use it as a motivator!

The benefits of being a courageous risk taker are many. If you make a mistake, you’ll become wiser. If you succeed, you’ll learn something about your capabilities and potential. Either way, being a risk taker at your job will position you as a leader and an innovator. The key is to learn how to be a smart risk taker. Here are six ways to do it.

Trust your instincts.

Don’t wait for complete certainty on an issue before making a decision; it often arrives too late if it arrives at all. Once you get a good idea, don’t incubate it–act on it and work to make it happen.

Don’t be afraid to ask for help.

If you’re in a job or doing a project for which you lack experience, have the courage to tough it out and ask for help. If you operate on fear instead–the fear that asking for help will diminish you in the eyes of your boss or coworkers–you’re setting yourself up for a disaster.

Unleash positive energy.

Fear, stress, and uncertainty can be friends, not enemies, as long as you use them as motivators rather than as energy or action blockers. Get used to tolerating these uncomfortable feelings. Remind yourself that progress won’t happen without taking a step forward, into the unknown.

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Green Careers: Targeting Eco-Friendly Companies

Published Jan 20 2010 Updated Jan 19 2010

Until fairly recently the main measure of a company’s success was determined by its financial bottom line. Was it making a profit or was it sustaining losses? Although companies have been managing their activities by using their financial profits as their guiding light for a very long time, many stakeholders have sustained losses while the company’s shareholders have celebrated their wins.

Times are changing, and the way companies measure their success is too. Now in addition to watching financial outcomes, companies are assessing their impact on their physical surroundings and their community as well. When companies pay attention to the people they touch, the environment they impact, and the profits they make, leaders make more sustainable decisions overall. In fact, this way of doing business is causing companies to rethink how they produce their products and provide their services. In the process, the entire company system is becoming stronger.

Although the term triple bottom line may refer to specific reporting requirements, often it is used as shorthand for ventures that are socially responsible, green, and profitable.

Finding Triple Bottom Line Companies

With your desire to work for a sustainable, triple-bottom-line company — one that pays attention not just to profit but also to social and environmental impact — and that matches your career goals, you need a strategy to uncover companies in your area that fit the bill.

However, there aren’t many green/sustainable/triple bottom line company lists out there yet. To find these organizations, you must do your own legwork. To put yourself in the right frame of mind for this project, retire your job seeker persona for now and step into your detective alter ego. During this phase, you must be driven to uncover clues and follow them up to find what you’re looking for.

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How Accommodating Disabled Workers Pays Off

Published Jan 18 2010 Updated Jan 17 2010

Disabled workers are known to fly under the radar of unemployment statistics and recruiters. But in a fast-growing job market, companies may be eager to explore new ways to tap their talents.

There’s no issue on the supply-side. New studies show that disability payments are increasing at “an accelerating pace,” with a 51 percent rise in people on Social Security Disability Income over the last decade, according to the Wall Street Journal.

The cause? More and more, it’s unhealthy lifestyles – namely poor diets and not enough exercise. Still, back and joint problems, cancer and heat disease remain among the top reasons for disability. Some companies try the carrot and stick approach to promoting good health.

But because of the high cost of replacing personnel and fewer qualified candidates to fill open positions, companies are investing in accommodation.

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Gen Y’s Retention Deficit Syndrome

Published Jan 12 2010 Updated Jan 13 2010

We recognize the signs. A young employee shows up late at work or for meetings, misses assignments or takes sick days when they’re on top of their game.

As a boss your first instinct is to rattle their cage. But what will that accomplish?

Employers fret about holding onto Gen Y workers who may be less inclined than previous generations to stick around through thick and thin.  Given the cost of recruiting young talent, employers are understandably concerned about return on investment – keeping an employee long enough for them to develop into strong contributors.

Still, loyalty isn’t part of the “deal” any more between employers and employees, so it’s no surprise that, according to a new study by Taleo, an HR software company, 41% of those who are no longer working for their first employer out of college left in less than two years. That doesn’t strike me as an epidemic – a lot of first jobs simply aren’t good fits.

Taleo teamed with Harris Interactive to conduct a survey of 2,045 adults ages 18 and older, a series of questions about their first jobs and first employers.

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Engage Workers By Letting Them Think

Published Jan 06 2010 Updated Jan 06 2010

“If you see a fork in the road, take it,” and “You can observe a lot by watching” are some of the many one-line quips of baseball Hall of Famer Yogi Berra.  Yogi’s comments are both fun and a blinding flash of the obvious that often draw us back to simple truths.  My favorite is “The future ain’t what it used to be.”

One blinding flash of the obvious that is often missed, and that could be extremely pertinent in the age of employee engagement, is “Engagement requires thinking.”  In my experience, many employee engagement approaches are still one-way communication efforts on steroids that fail to tap into the ability of employees to think and act differently.  At a time when study after study confirms that only about 20% of employees are engaged in their current work, it’s hard not to conclude that something’s not working!  Maybe “having a best friend at work” isn’t the determining factor.  Why are so many employees simply checked out at the place where they spend 40% of their waking lives…at work?

Let’s start with a key premise that’s often missed in engagement efforts – that we want to solve problems ourselves.  From Sudoku to mystery novels to crosswords, we all love the challenge of solving a puzzle.  Obviously, we could just turn to the back of the book and get the answer or read the final page.  But what’s engaging about that?  We want the intellectual and emotional experience of finding a sense of achievement in our own thinking.  When people get a chance to solve their own puzzles, they own the result.  And owners think, act, and engage differently from non-owners.  They’re vested, they’re passionate, they won’t take no for an answer, and they’re willing to put in more effort than is required. Read More

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