A Wake-UP Call to Recruiters

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I’m not sure if a business comes to mind where I’m hit up more than Recruiters.  Headhunters.  Staffing Agencies.  Every week it’s a different company (or 2-3) that offers to find me great talent, massive databases, great screening, etc.  What a difficult business to compete in when a small little company like LM Foods gets approached so often and the service providers tend to blur together.  What happens in a market of multiple players, all offering the same service?

  • You ignore the white noise and you stick with one or 2 and work with them.
  • You can try and “find the bottom” of the market……offer up a program that works in hopes of cost savings.  See who’s willing to invest and get their foot in the door.  The infamous race to the bottom.
  • You give the best one a shot, don’t negotiate.  See if indeed their model is better in the real world and how the recruiter delivers.  If it works, you’ve expanded your network of service providers.  If it doesn’t, you haven’t improved your model but your trying, and that counts.

Here’s some observations I’ve had with recruiters for LM Foods.

  • VERY few will customize their intro letter.

    • Sometimes they cut and paste and you can tell as font sizes/color are different.  Lazy & Careless.  Can’t they even view the website to understand what you actually do?

  • Even fewer offer to come tour the business and get dirt under their nails.

    • So let me get this straight, you want 20% of year one salary and you don’t even want to see my operation that you’ll be recruiting for?

  • Few will offer 100% cash refund at a reasonable interval, “if the employee doesn’t work out in 6 months we’ll refund 100% of the money!”

    • They get it, hiring is a crap shoot and there’s a reason why few will do this.  But doesn’t it undermine the premise of their very own marketing materials?  And since very few will offer this, isn’t that by definition a clear path to differentiating their product?  Wouldn’t the built in risk make them better at their craft?  

  • Many try and control the process (communication), protect the candidates identity, contact info, etc.  As if they “own” the individual and a company will steal the candidate in hopes of doing a back door hire to avoid a recruiter/agency fee.

  • I understand they are in the service business and some companies may try and “steal” a buck.  But the companies that do a back door hire are gambling with their reputations, and if they do, will the agency ever work with them again?  There is too much fear in this area and the recruiters should worry more about adding value vs playing protectionism.

    [Continue Reading…]

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2 Warning Signs in Talent Selection

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One of the hardest areas in business to consistently get right is “picking winners.”  Great talent that makes an impact is a game changer for any business.  Of course, picking winners is easier said than done.

I’ve written on some recruiting challenges in the past….

The Talent Hunt:  Where’s the Will To Win?

Where Job Candidates Fail:  Articulating GBE

Talent Selection:  Skills or Values? 

Picking the winners is flat out hard, no matter how sophisticated the process.  Many people try different methods to increase their batting average:

  • Personality Profiles
  • “Case Study” Presentations – Give the candidate an assignment, have them present results to a panel
  • Extensive reference checking
  • Skill screening tests (especially for technical areas)

All methods provide insights/data points to increase the odds of success.  Unfortunately, I have yet to see a combination of methods that increases the odds over time.

However, I HAVE seen a couple of warning signs that DECREASE the odds of the candidates success:

  • A real hard charging focus on up-front salary negotiation  
  • A greater than “average” concern for a particular title, one that looks good on the resume’ or provides a degree of “prestige.”

Let’s take the first one, the hard charge towards maximizing the starting base salary.  I get it, I love the hustle, the ambition and the fight for what a candidate perceives to be their fair market “value.”  Salary is one of the most sensitive areas of business, it’s a black and white number that tends to be compared, analyzed and too much self worth wrapped up in that one number.  It’s one of the ultimate barometers of business.  There’s a problem however with the hard charging negotiation for candidates that have been extended an offer/invitation to join a company….

By definition, a job candidate that has been extended an offer has not accomplished one thing.  What they have demonstrated is an impressive showing BEFORE the bell rings.  

Their pitch on value is all related to potential, or their past track record.

Some level of negotiation could be considered “expected.”  However…

Wouldn’t it be refreshing to see a candidate completely confident in their ability to produce great results and say “why don’t we go with YOUR number, than lets sit down in 90 days when you actually see me action?”  Do you think that candidate would stand out while simultaneously showing they are willing to let their performance do the talking? [Continue Reading…]

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April Fool’s Day Matters

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Today, I knocked out a post on my company blog on April Fools day: http://lmfoods.com/blog/april-fools-day-laughter-matters Here's the gist of it.... People at work flat out don't laugh enough.  I mean REAL laugh, that takes oxygen, … [Continue reading]

Standing Up: If Not Now, When?

There's something about running a business and all the different twists and turns that can cause you to think.  Combine that with 3 strong cups of black coffee, the last day of 2015 (the day of turning 42!) and a look to the future and voila, a … [Continue reading]

A Lesson From The Shark Tank: Simplicity & Focus

I love the Shark Tank.  It's not only great entertainment, it's a fantastic education to the start-up world and how entrepreneurs pitch investors, what's important to both sides, sales/communication and how both sides come together to form a … [Continue reading]

Why Labor Day is My Favorite Holiday

A 2011 Harris Poll Caught my eye, ranking America's favorite Holidays, and then segmenting that info by generation and gender. I'll admit it:  Labor Day is MY favorite Holiday. In the past I've called it Under-rated.  Misunderstood.  Now I'll just … [Continue reading]

Talent Selection: Skills or Values?

My world view around phenomenal business success is clearly centered around the "soft" issues of business. As Tom Peters brilliantly put it: "Soft is hard.  Hard is soft!" Culture.  Team Work.  Service.  > Strategy.  Planning.  Analysis. All … [Continue reading]

Hustle Case Study: Pitbull

Education is not only about IF and where you have a degree from, it's about lifelong learning, and more learning happens OUTSIDE the classroom than inside of it.    You also don't need a semester to gain great inspiration and new knowledge, 10 … [Continue reading]

The Hidden Secret to Rocky’s Success? Relationships

Spike TV ran a Rocky Marathon on 4th of July, and of course I got sucked in for what had to be the 100th+ time of my life watching the great American Classic.  Like all great movies that get watched over and over, you tend to pick up new lines each … [Continue reading]

The Talent Hunt: Where’s the Will To Win?

preparing to win

There are some painful and common things I'm seeing lately on the hunt for talent, interviewing countless people for various positions. In the past I've posted on this topic: Where Job Candidates Fail:  Articulating GBE The Market for Talent & … [Continue reading]

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