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Welcome to our inaugural
newsletter. We wanted a better way to keep
in touch with our extended community - clients
and candidates - and are excited about the possibilities
of this medium. Our intent is for this
newsletter to be informative, educational and
thought provoking; we hope that some of you will
decide to contribute (in fact, we're asking)
and share your thoughts and observations about
the industry. While we are recruiters and
consultants on the hiring process we understand
the impact that technology trends, market conditions,
funding, and business strategies, just to
name a few, have on the ability to build and
maintain world-class organizations. We're
interested in all those subjects and want this
newsletter to be a forum for information, knowledge,
reflection and action! Read On.
Best Regards,
Ross Rich, Sara Lillis, and Pam Burton
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The
World Turned Up Side Down:
Selling,
Hiring & Coping
in the Post-Boom World
By Ross
Rich, Managing Principal,
Selection Strategies,
Inc.
If ponies
rode men and if grass ate cows,
And cats should be chased into holes by the mouse...
If summer were spring and the other way around,
Then all the world would be upside down.
These are the words of the
tune played by British military musicians as British
troops surrendered to George Washington at Yorktown,
Va., on October 7, 1781. Lord Cornwallis
stood before what many thought was a rag-tag force
of rebels - a guerilla army - that defeated
one of the best organized and led armies in history. For
the mighty British Empire, losing the American
Revolution, it certainly seemed like the world
had turned upside down.
In the world of technology sales, especially for
software vendors, the last few years - the post-technology
boom - do indeed seem like a world turned upside
down. After discussions with industry leaders,
observers, and some careful consideration of our
own experiences we agree it is a different world
than the one we grew accustomed to; although, perhaps
one that with appropriate measures is on its way
to righting itself and returning to a measure of
sanity and renewed opportunity. Certainly recent
reports of improving economic news and leading indicators
are encouraging.
Selection Strategies surveyed
and interviewed fifty technology professionals
from CEOs to individual salespeople, from Tier
1 vendors to small early-stage start-ups, as well
as, venture capitalists, sales methodology trainers,
consultants, and executive recruiters. Our
aim was to gauge the market from the perspective
of those in the front lines and to summarize their
analysis, conclusions, and recommendations. We
coupled this input with our own observations and
experiences to assess the current conditions and
offer practical remedies to not only cope, but
thrive in technology sales today. (Full
Article)
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TARGET
ON TALENT: Assessing
Sales Talent
Does Past
Behavior Really Matter?
We've found in the selection
and hiring process that past behavior (and performance)
does matter! Our research and experience
has proven over and over again that ...
The best predictor of future
behavior is past behavior under similar circumstances
and the more recent and more long-standing
the behavior the higher the predictive value.
Given the myriad of things
a sales manager needs to focus on today you maybe
asking, "how am I supposed to invest the time
and determine the right behaviors to find the proverbial A
Player before making a hiring decision?" We
didn't say it was easy but it isn't impossible
and we have an answer.
Selection Strategies' InSITE™ (In-Depth
Sales Interview and Trait Evaluation) is a comprehensive,
detailed look at sales behaviors. The interview
was developed by a team of behavioral psychologists
and by both sales and recruiting professionals
and has been used extensively by hiring managers
in both large and small technology companies. It
has stood the test of time! (Full
Article) |
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HIRING
TRENDS
The Perils
of Pedigree
We've witnessed a trend
over the last 2 plus years in which experience
has overshadowed all other aspects of consideration
in hiring. The old adage "be careful
what you wish for" really applies here, because
by focusing so narrowly on experience you may hire
an individual with the right resume, titles, and
companies; yet inadvertently hire someone of mediocre
ability.
Our Hiring Intelligence™ methodology
identifies three dimensions to a hiring profile
that need to be considered when evaluating a candidate
- Abilities, Chemistry and Experience. Each
component is important and while experience is
necessary, it alone is insufficient to ensure success. Because
experience is easier to evaluate, there has always
been a false sense of security placed in the "been
there, done that" aspect of someone's background;
however, extensive research has proven that experience
is the least predictive and reliable measure of
future performance.
Today's overemphasis on
experience appears to be more of an effort to minimize
risk than to increase performance or productivity.
(Full
Article)
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Selection
Strategies, Inc.
2109 W. Grace
Street, Suite 200
Chicago, IL 60618-4901
773.244.1609 p
773.244.1803 f
www.selectionstrategies.com |
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© 2000-2002. Selection Strategies,
Inc. All Rights Reserved.
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