On this International Women’s Day, organizations should consider what steps they can take to improve gender equity in the workplace and put more women in leadership roles. Personality assessment is a good place to start.
Do Personality Tests Fail At Selection?
There are a lot of hiring personality tests out there that claim to predict workplace performance. Unfortunately, you get what you pay for.
High-Stakes Hiring: The Cost of Bad Hires Can Be Fatal
In the world of talent acquisition, high-stakes hiring decisions can be a matter of life or death.
Interview Fatigue: How Many Interviews Are Too Many Interviews?
Interview fatigue is a real phenomenon. But fortunately, there’s a way to spare yourself and your candidates that will also help you avoid bad hires: personality tests.
Mitigating Banking and Financial Risk Requires Better Leadership Selection
On December 14th, 2017 the Australian government launched the Royal Commission into Misconduct in the Banking, Superannuation, and Financial Services Industry. The Commission was launched on the heels of numerous banking scandals involving the Big Four Australian banks. The Commission provided a preliminary report in August of 2018 and the final report was made public in February of 2019. Ultimately, the Commission found evidence of bribery, forgery, inadequate lending practices, lying to regulators, and even charging fees to people who were dead.
The preliminary Commission report concluded that the primary cause of this misconduct was:
“…greed – the pursuit of short-term profit at the expense of basic standards of honesty…From the executive suite to the front line, staff were measured and rewarded by reference to profit and sales…When misconduct was revealed, it either went unpunished or the consequences did not meet the seriousness of what had been done.”
Humility: The Cure for a Know-It-All
No one likes a know-it-all.
They’ve annoyed us all by talking down to us about anything and everything, even when it’s obvious they know far less than they believe. But know-it-alls don’t just ruin watercooler gatherings and dinner parties. When they rise to positions of power, they can wear away at productivity and trigger costly mistakes.
Joann S. Lublin wrote an entertaining article on the subject in the Wall Street Journal. She interviewed a number of self-professed former know-it-alls that caused major problems for themselves and their companies, such as losing over $2 million on a home purchase, hiring an unsuitable job candidate, and not asking subordinates for their input.
The know-it-all causes all kinds of professional headaches. They don’t try to learn about an issue or ask for help, which leads to poor decisions. They ignore some people or are condescending to others, which leads to a toxic work environment. They project a false aura of power and knowledgeability, which gets them promoted into jobs they might not actually be able to perform.
Read More »How the Best CEOs Differ from Average Ones
There is a great deal of conjecture and mythology about CEOs and the attributes that define their success. Find out more!