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The 10 Worst Mistakes of First-Time Job Hunters

Via Scoop.itpersonnel psychology

If you’re in your final year of college, be warned: the rumors about landing a job in this economy are true. You should be taking steps today, not next semester, to prepare yourself. An April 2011 survey conducted by Braun Research on behalf of Adecco Staffing U.S. found that 71% of 500 recent four-year college graduates would have done something differently to prepare for the job market. While companies will hire 9.5% more graduates from the class of 2012 than they did from the 2011 graduating class, according to another poll, employers are still looking for the pick of the litter.
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Ο δεκάλογος του κακού μάνατζερ

Via Scoop.itGreek HR

Της Liz Ryan Όλοι ξέρουμε –ή θα έπρεπε να ξέρουμε– τις ατάκες των καλών μάνατζερ: «Μπράβο, έκανες καλή δουλειά», «Ενημέρωσέ με αν συναντήσεις κάποιο εμπόδιο και θα προσπαθήσω να σε διευκολύνω», και «Τον τελευτ…
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If You Want to Win, Tell Your Team It’s Losing (a Little)

Jonah Berger is the James G. Campbell Assistant Professor of marketing at the Wharton School of Business.

The finding: People who are slightly behind in a competition are more likely to win than those who are slightly ahead.

The research: Jonah Berger told subjects that they were competing with a person in another room to see who could make the fastest keystrokes and that the winner would receive a cash prize. After one round he gave the subjects feedback, saying that they were far behind, slightly behind, tied, or slightly ahead of their competitor. Only the people told that they were slightly behind picked up the pace significantly in the second round. Overall, the subjects in that group performed faster than the “slightly ahead” group.

The challenge: Are you really more likely to win if you’re losing a little? Professor Berger, defend your research.

Berger: The results were clear. Effort increased dramatically only for people who believed they were slightly behind in the competition. What’s more, we found a similar effect when we analyzed real-world field data from 60,000 basketball games, including 18,000 NBA games. The relationship between the score and the likelihood of winning was fairly linear. For every two points a team was ahead, its chances of winning increased by about 7%—except for this major discontinuity right in the middle. Teams that were down by one point at halftime were more likely to win than teams that were ahead by one point at halftime. They won as much as 8% more often than they would have if the relationship had stayed linear.

HBR: One point isn’t much in basketball. That seems fluky.

It’s not a fluke, and the fact that the game is close is precisely the point. The effect is present only when the team is just slightly behind. Teams that are leading should be more likely to win for two reasons. One, they tend to be better teams—that’s why they’re ahead. And two, the losing team simply has to make more points to win. But we’ve found this interesting insight—that being slightly behind boosts motivation and thus performance. A team in that situation knows it can compete and recognizes it must work harder in the second half to achieve its goal. So it does. After the Women’s World Cup soccer final between Japan and the U.S. in July, one commentator noted how odd it was that Japan seemed to play better when they were behind. Our works shows it’s not that odd.

NBA players are intensely competitive by nature. It’s hardly a random sample.

You’re right about that, but I find it compelling that the losing team had something more to give. Why aren’t they working their hardest always? Shouldn’t it be impossible to increase the effort and motivation of an elite sample like that? I think it says something about human nature that we still exert a bit more effort when we’re slightly behind.

What exactly is “slightly” behind? How do you know where the cutoff point—where motivation doesn’t increase—is?

Obviously, context matters. If I’m one sale behind another salesperson but we average only three $1 million sales a year, then that’s not really slightly behind. The person has to truly feel they can overcome the deficit they face.

How do you know this applies to Joe Salesman, who may not be as competitive as a pro basketball player and who isn’t competing on physical skill alone?

In one of the lab studies, we measured people’s self-efficacy—how confident they felt about their ability to succeed. While people who were slightly behind tended to work harder, the effect was strongest among people high in self-efficacy. And I think the effect should be similar for intellectual pursuits, as long as the task is something that effort will help.

PEOPLE WHO ARE SLIGHTLY BEHIND EXERT MORE EFFORT

How subjects in a typing contest responded, on average, to feedback on how they were doing

7 minutes

Key Number

Winning teams were most likely to make up any deficit they faced in the first seven minutes after halftime, showing that a break for assessment can lead to a surge in effort.

Bonus structures typically reward the best performers. Our research shows there are better ways to motivate people.

Your lab games and basketball games used metrics—a number of keystrokes, a score—and included a halftime. Are hard numbers and a break required to generate the effect?

Breaks help. The basketball data show that the slightly behind teams make up most of the deficit right after the halftime break. They come out very strong. Halftime is basically an evaluation time. It helps to have situations where the team can regroup. So if a competition is not as structured as a basketball game, you want to create that break. As for metrics, to the degree you can come up with any sort of numbers, it will help, I suspect. But they’re not absolutely required. We still saw the effect by just telling people they were “slightly behind.” It can be a subjective metric, such as “He works slightly faster than you,” or “His reports come in slightly cleaner.”

I see how managers might apply this.

I can also see employees’ getting sick and tired of constantly hearing they’re slightly behind and just giving up.

I suspect that if you try to do this over and over, the effect will just disappear. But the key insight here is that companies should change their incentive structures. Bonus structures typically reward the best performers. That’s great for people close to the top but might even demotivate those who are far behind and know they can’t catch up.

Our research shows that there are better ways to motivate people. Competitive feedback along the spectrum should help boost everyone’s performance. Evaluations that compare the second best to the best, and the 100th best to the 99th best, and give bonuses based on people’s improvement could really increase motivation and effort.

I think you’ve just described golf handicapping.

Precisely. It’s called “flighting.”

Where else do you want to take this research?

My collaborator Devin Pope is looking at the effect of round numbers on motivation. What happens if I get an 1190 on my SATs rather than a 1200? One interesting question is, Which is more motivating: fixed metrics or competitive reference points? Will employees work harder if you give them a fixed goal or compare them to another person?

I would put this Defend Your Research slightly behind the best one we’ve ever done.

Let’s take a break, and I’ll try harder when we pick it back up.

HBR Reprint F1110D

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The Case for Multitasking

Ill-timed phone calls and colleagues popping in are classic productivity killers, the bane of many managers’ existence. Dealing with such interruptions, experts agree, leaves many knowledge workers with the functional equivalent of attention deficit disorder. The remedy usually suggested: Avoid multitasking. Check e-mail only twice a day. Resist the temptation to drop whatever you’re doing to put out a fire somewhere else.

Our research on executive teams suggests that this bias against multitasking may be misguided. In fact, executives who doggedly plow through each task until it’s finished may be doing their companies a disservice. Under some circumstances, top management teams perform better when they accept—even relish—interruptions.

Drawing on data about CEOs and other executives of nearly 200 new technology ventures listed on the London Stock Exchange, we measured top management teams’ polychronicity—their tendency to multitask—and then looked at their firms’ returns. We chose tech ventures because executive teams in these very dynamic companies are often self-selected, and members generally have similar outlooks.

Using questionnaires and interviews, we discovered that about a third of the teams in our sample were highly polychronic. About a sixth of the teams were highly monochronic: They disliked and avoided multitasking. The rest fell somewhere in the middle.

We found that the financial performance of companies with highly polychronic teams was significantly better than that of companies with average or monochronic teams.

Why the difference? The polychronic teams proved to be superior information brokers, absorbing and disseminating more-insightful information than their average and monochronic counterparts. As a result, they were much less apt than the other teams to bog down: They could make strategic decisions faster, placing less emphasis on analyzing large quantities of data. Their expedited decision-making process, we believe, boosted their companies’ performance.

Executive polychronicity may benefit other sorts of companies, too; after all, effective information brokering and quick decision making can aid established corporations and firms in a variety of fields. But our research suggests that these skills are essential for new ventures and small companies that must negotiate dynamic business environments—social media, clean technologies, and internet security, to name a few. In such cases, a polychronic culture can position the executive team for success. Entrepreneurs and the venture capitalists who back them should keep this in mind when staffing the top ranks of a start-up.

HBR Reprint F1110B

Vangelis Souitaris is a professor at Cass Business School, in London. B.M. Marcello Maestro is the managing director of Bravemarket, a New York–based investment firm.

SOME MANAGERS JUGGLE WELL, SOME DON’T

A third of the executive teams surveyed displayed a preference for interruptions. About half as many preferred to focus deeply. The quotes below are from our study.

HIGHLY POLYCHRONIC

“We multitask all the time, not simply because we can—because we want to.”

“This team prides itself on being able to oversee several ongoing projects at the same time quite easily.…We enjoy the variety, that constant switching, the challenge of needing to concentrate harder.”

HIGHLY MONOCHRONIC

“It doesn’t matter if anyone thinks one project is less revenue-generating than another. Once we’re on it, our absolute priority lies in finishing what we’ve started.”

“Hopping from one project to another? Is that really wise? I mean, there is no time to really think things through, right? I believe it would only ruin our concentration and disrupt our thought process.”

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The Importance of an After-Work Smile

Does working parents’ absence affect children’s psyches? Two new studies examine the question from different perspectives. It turns out that early adolescents’ sense of well-being isn’t affected by how much time their parents spend at work, but it is affected by their view of their parents’ moods at the end of the workday, according to research by Sandee Tisdale and Marcie Pitt-Catsouphes, of Boston College. The better the perceived mood, the higher the well-being. Another study of this age group, led by C. André Christie-Mizell, of Vanderbilt University, found no link between bullying and parents’ work hours per se—but saw increased bullying by children whose fathers work full-time or more and who feel that their fathers don’t spend enough time with them.

RESEARCH

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