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The Coleman Cross Blog

Archive for June, 2009

Apprentice Final 2009 – Pricing Won the Day

Yasmina blew Kate out of the Hiring Line with her Coco Electric Chocolates, although they obviously tasted vile (strawberry & Basil!) gave a very average pitch, she won the day on cost control and pricing. It is reflective of current spending patterns we are happy to spend but we want value for money on every penny.

Psychometrics – making the right choice

Mike Crimes C.Psychol C.Sci

 

Traditionally, recruiters have looked almost exclusively at candidates in terms of competency frameworks. However, a broader strategy, which combines cutting edge thinking with traditional assessment tools, enables us to produce a more flexible range of assessment services.

 

It is important to recognise the value of competency-based approaches, especially in relation to performance management, promoting processes and management development. However, current research has identified a number of alternatives. Recent research has concluded that complex psychological skills can be subdivided into four distinct elements

 

*     Managing emotion

*     Communicating

*     Solving problems

*     Managing energy

 

Another powerful driver of behaviour is internal motivation. This can have a considerable impact on how well people can perform on a job, independent of ability. Assessing job environment fit can also provide a more rounded backdrop in recruitment, enabling a wider consideration of the organisational culture. Within each of these alternate strategies, the key driver behind selection testing is simple in its essence. Different types of positions require different kinds of selection techniques. Choosing the right techniques will help you to recruit the best person for the position. The selection techniques you choose depend on the particular skills, attributes and knowledge required for the position. You must be able to match the selection method with the selection criteria that are most critical to the position. A range of factors need to be considered in deciding the appropriateness of a particular psychometric test, including:

 

*     Equality issues, i.e. is there potential for the chosen technique to directly or indirectly discriminate against minority groups?

*     Available resources.

*     The budget.

*     The seniority/level of position.

*     The degree to which managerial/leadership ability is critical to success.

*     The degree to which technical competence is critical to  success.

*     The time and effort required to use the technique, in proportion to the risk of poor selection.

 

It is important to recognise that test batteries used to select people for particular jobs or tasks generally predict performance better if they focus less on estimating overall, general ability, and more on the content of the job- such as verbal abilities for writing, and spatial abilities for air-traffic control. Tests may also be valuable predictors of performance in jobs with different levels of complexity, such as numerical ability tests predicting success in analytical rates.

 

Nevertheless, it is not just about more effective test selection. Decision-making also needs to evolve in relation to understanding the target role. Job analysis techniques employed in the early stages of selection may help an organisation’s understanding of the key tasks and behaviours required to ensure success. However, a number of broader questions also need to be asked.

 

*     Do all the key stakeholders want the same outputs from a  particular role?

*     Are the behaviours required from a role the same as those  needed five years ago?

*     Is the selection process rigorous and yet consensual?

 

A broader job analysis process brings together key stakeholders for debate and agreement concerning a particular role and how it affects the organisation on a micro and macro level. This gains buy-in to any psychometric chosen because a wider backdrop has been considered in decision-making.  Furthermore, traditional ways of profiling roles rely on listing accountabilities or setting levels of competence. Both look at “what” is to be done, but miss

the critical ingredient of “how” – what will the role require of the individual beyond the basic competence?

 

Considering these factors will significantly reduce the risk of incorrect selection criteria leading to poor psychometric decision-making.

 

It can be concluded that increasing social awareness of the need for accurate and fair testing has combined with technological developments to produce dramatic advances in psychometric models, methods, and procedures. These approaches will continue to impact and drive forward professional practice, and implementing them in the workplace will keep these winning formulas alive.

 

Through dynamism and drive it is critical that we continuously improve these advances through better and better practice, in order to maintain our position as active and not passive professionals in a continually evolving assessment marketplace.

 

 

OECD says global recession is easing

The pace of decline of the world’s major economies is slowing, according to the Organisation for Economic Co-operation and Development (OECD).

The composite leading indicators (CLI) index for the 30 countries in the OECD rose 0.5 point in April, but was still 8.3 points lower than April 2008.

“It is still too early to assess whether it is a temporary or a more durable turning point,” the OECD said.

The CLI index for the UK rose by 0.7 point, and the US was up by 0.2 point.

In the eurozone, the CLI index increased by 0.8 point, but was down 6.3 points from the same month last year.

‘Reduced pace’

The global economy is poised for its worst year since World War II as the major economies have fallen into severe recession.

The organisation said countries not included in the OECD were still declining at a fast pace, with the exception of China and India. Both those countries showed similar signs of easing to the US and Europe.

The data points to a “reduced pace of deterioration in most of the OECD economies with stronger signals of a possible trough in Canada, France, Italy and the United Kingdom”, the OECD said.

World stock markets have recovered from their lows in March on hopes for a global recovery, based mainly on survey data of consumer and business confidence.

Story from BBC NEWS:

http://news.bbc.co.uk/go/pr/fr/-/1/hi/business/8089117.stm

Published: 2009/06/08 10:15:53 GMT

© BBC MMIX

Press update…….

Peter & Lynne were on Meridian News last evening whilst attending a Business Event – check us!! The event was supporting the launch of a new Charity to help Gurkhas in the UK. A very worthy cause to help those that have given so much to this Country and was an honour to meet them.

Apprentice Week 11 2009

James (mostly likely to tell a joke), Lorraine (most likely to mis-type a date on her CV) Debra (most scary) have all been evicted from the Apprentice house.

Leaving in the final on Sunday -

Miss Cool (Kate) – V – The Restauranter (Yasmina)

Next update on Monday when I look forward to announcing Kate as Sir Alan Sugar’s new Apprentice. (fingers crossed!)