Mark Bregman's Blog (113)

Making a Big Hit with Succession Planning

Good bench strength makes for good succession planning, and with baseball opening day upon us, we want you to hit it out of the park with your bench every time.  Many companies over-simplify succession planning, relying on just an intuitive sense of who could move up when top leaders move on or retire.  Good succession planning is a process within a system of excellent Talent Management, and when done well, it ensures long-term company growth.  A solid succession planning…

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Added by Mark Bregman on February 24, 2011 at 2:43pm — No Comments

“Begin at the End” in Hiring

We all know Steven Covey’s Seven Habits of Highly Effective People.  If you haven’t read it lately, take another look.  The first habit, “Be Proactive” is universal – it applies to everything we do. 

The second habit, “Begin with the End in Mind” has wonderful applications to hiring.  Combining the two habits, being proactive and beginning with the end in mind, will enable you to envision what the…

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Added by Mark Bregman on January 21, 2011 at 11:30am — No Comments

Job Offers – The Employer POV

There is an old lawyer’s axiom – Never ask a question you don’t already know the answer to. I think this saying also applies to employers extending job offers to management level candidates. I’ve seen too many clients extend offers before they know if the candidate will accept, only to get a turn-down.

Once the offer is extended, the power shifts to the candidate, and often, that is when negotiation begins. The negotiation should be done before the offer is extended. An employer…

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Added by Mark Bregman on January 12, 2011 at 12:42pm — No Comments

Employee Retention in Recession – Part II

My last post was about the importance of keeping your best people, especially in a recession. Today I’ll focus on what motivates an “A” player. These factors need to be in place in order for you to keep your top people loyal. “A” players are motivated to stay with you when they are:

  • Inspired by your vision and leadership – make sure you articulate this clearly and stay positive in your communication.
  • Impressed by your business plan – You do have one, right? A roadmap to…
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Added by Mark Bregman on January 10, 2011 at 12:44pm — No Comments

Employee Retention in a Recession

Many employers are mistakenly feeling secure about their current workforce, under the possibly erroneous assumption that no one would dare leave now. There is in fact a real danger of losing great people

within the next year.

Here’s my rationale. I’m assuming that any employer who has let people go has tried hard to keep the “A” players, and let go of only the poor performers. Now the “A”s are overworked, and possibly

under-utilized or under-challenged. If your…

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Added by Mark Bregman on January 3, 2011 at 6:50pm — No Comments

Job Hunting Tip #5: Explaining Job Changes

Many job seekers make the mistake of talking negatively about a previous employer, and it is very important to be positive on this topic. When I interview people, I ask them in several different ways to tell why they’d be interested in making a change: What is the ideal job for you? What’s missing at your current job? What needs to be different?



Most of the answers I get revolve around new challenges, a company that is positioned better for growth, the usual. BUT, almost every…

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Added by Mark Bregman on December 6, 2010 at 1:22pm — No Comments

Overqualified Candidates

Is the term “overqualified” code for too old, or too expensive? Should an employer be wary of hiring overqualified people? The answer to both is sometimes.



Overqualified truly means a person who possesses skills way beyond what is required to do the job, AND the job being considered represents a step down for the person.



There are a few valid reasons why an overqualified person could safely be hired and could do a good job. A lifestyle change could be valid – kids at home (or… Continue

Added by Mark Bregman on December 3, 2010 at 2:42pm — 2 Comments

Hiring Better Than Yourself

Many hiring experts advocate hiring people with greater capability than yourself, as a way of growing your department, company, even yourself. Yet, in 25 years of headhunting, I’ve seen many high level executives be intimidated by the real go-getters. The one word feedback I sometimes get after submitting an “A+” player is “arrogant.” Yet, I have often perceived the… Continue

Added by Mark Bregman on November 29, 2010 at 12:57pm — No Comments

Needs and Wants

A key hiring goal for most companies is to feel safe and secure that they’ve made a good choice – they’ve selected someone who will fit in, will perform well, and have a positive impact. In order to satisfy the need to feel “safe” about a hire, some employers load up a laundry list of skills and experiences and label them “must have” or “required”. In some cases, these are legitimate, such as an in-the-trenches, hands-on…

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Added by Mark Bregman on November 22, 2010 at 1:00pm — No Comments

Radical Talent Management





There has been very little written on a topic I’d like to call Radical Talent Management. Hiring and talent management continue to evolve at a much slower pace than other technologies that are critical to business success.



The word “radical” is derived from the Latin “radicalis” which means root, basis, or source. I would bet that most of us think of the word radical not by its first or second … Continue

Added by Mark Bregman on November 15, 2010 at 1:51pm — No Comments

Valuation of Human Capital

How much are your people really worth? In dollars?! On your books? Employers often say “our people are our biggest asset,” but do corporate actions reflect this philosophy? Headcount is usually cut before hard assets like buildings and equipment. Often, employers lay off their highest paid, longest tenure (and perhaps most valuable) workers first. The P&L improves short term, but should that really equate to higher value on the balance… Continue

Added by Mark Bregman on November 12, 2010 at 7:00pm — No Comments

Hiring: Can You Do Better Than Flipping a Coin?





Most top executives admit that they have repeatedly hired people who are “B” or “C” players, who have had an adverse impact on the company, who needed to be replaced. Most will admit they have someone on their staff right now that fits this description. Many studies have shown…

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Added by Mark Bregman on November 8, 2010 at 4:26pm — 3 Comments

True or False: Available Job Candidates Are Better Than Ever?

Many of my business friends and clients have remarked to me that the recession must mean that there are great people available for jobs. That is a tricky issue.



If someone is…

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Added by Mark Bregman on November 5, 2010 at 2:30pm — 2 Comments

TOP 10 Things Your Managers Aren’t Telling You



Here’s a list of things that CEO’s almost never hear directly from members of their management team, although it would be useful if they could!



  • “Here’s how to…
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Added by Mark Bregman on November 1, 2010 at 1:26pm — 1 Comment

Your Intuition – Don’t Let It Be a Hiring OBSTACLE

Many CEOs claim to have exceptional intuition about hiring for their executive team. “I know in my gut if someone will be a fit,” they say. Much like the stories of gamblers, who will brag about their winnings (but not tell you about their losses), you only hear about the successful hires.



Too many executive candidates today are good salespeople. They know how to create a good first impression, and hit the CEO directly in the gut with their personality, and win the job offer. A smart… Continue

Added by Mark Bregman on October 29, 2010 at 4:31pm — No Comments

TOP TEN HIRING MISTAKES

  • Failing to define job objectives - Create a Performance-Based Position Profile.
  • Basing hire on failings of previous person - Create a new basis for a new hire.
  • Inadequate pool of qualified candidates – Cast a wide net with multiple sources.
  • Unstructured or poorly executed interviews – Prepare well, use performance based questions, assign different…
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Added by Mark Bregman on October 25, 2010 at 1:58pm — No Comments

Baby Boomer Butts – Kiss Them Now?

Experts disagree about whether the aging of the workforce will produce a severe labor shortage. Gray2K hasn’t happened. Even the Bureau of Labor Statistics has changed its originally dire projections, although they now say there

still will be a shortage in the US (2.4 million people by 2014).



One thing that most experts do agree on is the fact that the number of baby boomers in the workforce will double (as a percent of all workers)…

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Added by Mark Bregman on October 22, 2010 at 2:03pm — No Comments

"A" Players – Essential for your Success as a CEO

Do You Have “A” Players in Key Positions?



Achievement of aggressive company objectives depends on the solid performance of key leaders who are uniquely capable of producing essential results.



Recent studies have shown that employers are developing new executive profiles as they select people to lead their company into the millennium, especially in early stage and rapid growth organizations.



These critical factors will…

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Added by Mark Bregman on October 18, 2010 at 1:23pm — No Comments

The Dead Meat Theory – Why Counteroffers Don’t Pay Off

John Q. Executive walks nervously into his boss’ office to announce, “Mr. Employer, I’m really sorry to have to tell you this, but I’ve decided to accept another position. The XYZ

Company made me an offer I couldn’t refuse.”

Mr. Employer doesn’t miss a beat. “Wait a minute, John. We can’t afford to lose you. Tell me about this other offer.”

Almost every executive will play this scene in his or her career. When the counteroffer is put on the table, what…

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Added by Mark Bregman on October 15, 2010 at 6:46pm — 8 Comments

The “Great” Recession (Silver Lining Edition)

The National Bureau of Economic Research reported this week what we’ve all heard – that the recession which began in December 2007 “officially” ended in June, 2009. The 18 month duration made this the longest downturn since the “Great” Depression. Are you having fun yet? The economy is expected to continue to grow, although many economists are predicting only 1% growth next year. In June, 2009, if you…

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Added by Mark Bregman on October 6, 2010 at 4:00pm — 1 Comment

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