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The Young Future Busines Leader: An Endangered Species? part 2 of 2


EARLY BIRD RECRUITMENT (FIRST-MOVER ADVANTAGE)

Are the universities taking a proactive role in identifying what the island’s companies need and grooming their students to be the answers to that need? Are they going out there and soliciting relationships and identifying opportunities within companies that perhaps have been overlooked? With all these upper-level positions to be filled, surely if a serious collaborative, detailed, and comprehensive internship program designed to TRAIN and prepare graduates for certain management roles was put in place, wouldn’t that person then upon finishing their degree be able to step into that role with at least some familiarity with the company, culture, and position requirements? This requires forward-thinking five and ten years ahead by today’s leaders, to determine what the leadership needs will be and developing talent to fulfill those forecasted needs accordingly.

Benchmarking Successful Human Resource Management

Jamaican companies want leaders, but they are not cultivating them. I will soon have an MBA, beyond the required BS/BA degree for most jobs, but the ads will usually indicate needing 5 to 10 years experience for things the U.S. requires maybe 1 to 3 years experience for. I believe in part it is because they usually only require the BS/BA degree, while the U.S. might simply require a Masters degree in place of some of the years of experience required in Jamaica and other countries in the Caribbean. However requiring that amount of years for the position still excludes many people who are bright enough to learn the requirements of the position given comprehensive and supportive on the job training! Caribbean companies need to embrace in-house training and development and stop requiring or waiting on someone who can walk in the door able to take the position and run with it unsupported.

Companies throughout the region need to take a page from the recruiters swarming U.S. college campuses every semester, and off the Bible verse that says “Train a child in the way he should go, and when he is old he will not depart from it!” The concept behind that is you don’t wait for someone to walk in off the street groomed by some other company for some other company’s purposes…you actively develop a comprehensive yet focused relationship with known sources of talent, and invite the best you can get into a solid leadership preparation program with the goal of training them YOURSELF and developing their loyalty and drive to see the company succeed.


Activity: Survey of Your Responses

Please respond with your ideas on how Caribbean companies can halt the brain drain of young college graduates, and ideas for attracting, retaining, and DEVELOPING for leadership the 20 to 30 year olds in (and even outside) the island who want to be part of stimulating the economy if they only had the opportunity! (There are also other logistical issues with reversing the brain drain as far as those who have already left, but that is a story for another time.)

Think of all areas that need to be addressed, when submitting your suggestions. Examples (this list is not all-inclusive) include:

  • Company support for furthering education
  • Support for on the job training (internships, new hires, existing employees to be developed, etc.)
  • Development of professional skills that may otherwise be lacking (technical “hard” skills)
  • Development of professional skills such as networking, teamwork and team motivation, time management, etc. (“soft” skills)

Please email responses to michellegrahamday@yahoo.com

  • Indicate your career level and academic level (e.g. student, pursuing [insert] degree in [insert major], senior manager, BS or assistant manager, certification in [insert]). No names will be used in results.
  • Responses are due by December 30, 2007.

By Michelle Graham Day
Contributing Business Writer

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The Young Future Business Leader: An Endangered Species? part 1 of 2

This discussion was triggered by the following Facebook.com group forum question: “What do you think of the 80% of the UWI graduates that leave Jamaica???”

I think after receiving an email from an executive on the island in response to my search for a postgraduate job so that I CAN move back home, I can understand why the UWI graduates leave…he reports plenty of bachelor degree-holding intelligent young people answering phones in call centers or stuck in positions that pay US$17,000 a year, because there are just not enough positions at the post-graduate entry level for them.

Then I see another trend as I survey SplashJamaica and other Caribbean job banks, where there are a lot of higher level roles that are empty and the companies are DYING for people to fill them, to the point where they hire expatriates, foreigners who need work visas.

There is obviously a disconnect there…and I know one immediate issue that causes it: the putting down of roots in the years following graduation from college. In the 5 years between graduation from college and the accumulation of enough experience to qualify for the higher level positions, people are not going to stop living their personal lives, and the ties that develop and the roots that are planted become the ties that bind. I for one wanted to reach back ASAP after graduation, and among other reasons, it was so that I would NOT encounter Mr. Right up here, and end up attached to someone whose career and immediate ties are with the U.S.! In those 5 years, people’s lives become more complex at a faster rate than at any subsequent point in their lives…between 25 and 35 is the prime time that people are meeting, marrying, and laying the groundwork for advancement up the career ladder.

It becomes so much harder to successfully move back and reintegrate once those roots are set (especially if the other person is not from Jamaica, or at least from the Caribbean), versus the relatively simple shift when you are single, and fresh out of college (read: no roots implanted yet). Even without the relationship and other attachments naturally developing, there is the concept of getting “Americanized”…becoming so comfortable with the American way of life that it becomes hard to adjust to, or even understand any longer, the Jamaican way of life. (And this concept can be generally applied to becoming “foreign-minded” in any other destination country). Think of the analogy of a tributary flowing from a pond out to an ocean: The longer Jamaican companies leave Jamaica’s pool of talent spread out in foreign oceans, the more they assimilate and the harder it becomes to remove them from the masses and return them home.

EARLY BIRD RECRUITMENT (FIRST-MOVER ADVANTAGE)

So that 80% that leaves, leave because they have no job waiting on them in Jamaica, and end up staying where they have gone because by the time they are qualified for the decent-paying positions, they have set down roots and become less flexible than they were as new graduates…in the U.S. companies are recruiting on my campus NOW for graduates in December 2007, April 2008, August 2008, and some are even recruiting now for as far out as December 2008! They jump on talent from EARLY. Success for a college program here is measured by what percent of each year’s graduates, on average, are placed in a job relevant to their academic level within six months of graduation. What is the measure of success for the University of the West Indies and other Caribbean institutions of higher learning? Are these institutions being drawn into a commitment to do their part to keep the majority of the brains of the Caribbean IN the Caribbean?

Are Jamaican companies providing relevant, detailed internships for college students with progressive levels of responsibility that give them exposure to the business, the normal duties of the position, and to the executives? Are companies in Jamaica, and across the Caribbean, developing leadership programs to develop talent from early in the way they want that talent to go? One of the places I am interviewing with has a 2 year rotational leadership development program that gives you 6 months in each major facet of the business, which is crucial knowledge that would take way too much time (years-wise) to accumulate by working up and laterally through the ranks! Is anything like that happening in Jamaica, Trinidad, Barbados, or anywhere in the Caribbean?

To Be Continued…

By Michelle Graham Day
Contributing Business Writer

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New Contributing Business Writer: Michelle Graham Day

Recently I posted a request for volunteer Contributing Writers to assist in providing content for this blog.

Michelle Graham Day, a Jamaican living in Tallahasee, Florida is an MBA student at FAMU, and is job hunting, working, studying and now blogging all at the same time.

A big welcome to her as our first Contributing Business Writer.

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Service from Untrained Professionals

In a comment on a prior post, Crystal made some excellent points. Among them were:

Weeding out the wrong candidates is definitely a must because all the training in the world would not prompt an employee who is not customer service oriented to assist a potential customer. Unfortunately for a vast majority of the Caribbean this is not an option. Many businesses taking this route will be left with closed doors. It is difficult for them to attract employees much less the right employees. I have witnessed quite a few instances where customer complaints have resulted in a mere slap on the wrist or no consequence at all to the employee, all because business owners need these employees to keep their doors open. I believe that it would take an instance of outright theft for them to let an employee go.

There is some definite truth to this, as the difficulty of finding employees in Trinidad, and to a lesser extent, Barbados is well documented. Yet, the lack of service in Jamaica which has rampant unemployment, does not bode well for that theory. However, I would argue that the general service level in Jamaica is higher than it is in the other islands; this from personal experience, perhaps due to the greater difficulty in finding one in the first place.

Too often business owners in the Caribbean do not reflect the attitude that they want their employees to portray. Many treat their staff with disdain, mistrust and so they reap the benefits of their deeds.

I believe that this is the crux of the matter, and is reflected in the book “Why Workers Won’t Work” and other studies and reports. Incidentally, a summary of the book is available at our website.

Not to say that the employees are not a fault, many refuse to utilize the training given seeing the current job as a stepping stone and so they are not required to give their all.

Let us say that they are not taught how to give it their all, especially in a customer service relationship.

My wife suffered recently at the hands of a doctor who had no problem having her patients wait for hour without apology. She also “prescribed” J$4000 of Herbalife products when she came in with a stomach ache… none of which happened to be covered by insurance, but which she made a profit as a distributor in her multi-level marketing “business.”
Where does a doctor learn customer service skills? Or an accountant? Or a lawyer? Certainly not in school.
Yet, they are called upon to use their undeveloped skills each and every day with an unsuspecting public.
In our small economies, I imagine that 90% of high school graduates will have occasion to work in a customer service capacity at some point, without a single hour of customer service training whatsoever.
The problem is that we are all able to pick out bad service when we see it, but terribly poor at seeing and stopping ourselves when we are the ones delivering it. We just don’t have the right capacity.
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HRMATT Conference Slides and Audio

The outputs from the HRMATT conference from my speech on “The Trinidadian Executive in Jamaica” can be received by sending email to hrmatt2007@aweber.com.

Both the PowerPoint presentation and the audio from the speech can be accessed through the email.

Instructions:

1. Send email to hrmatt2007@aweber.com and wait a few minutes
2. Follow the instructions and click on the confirmation email
3. The email with the information should be received within a few minutes

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Email is Easy to Write (and Mis-Read)

Here’s an interesting article that all Caribbean professionals should read, because there is a lot to learn from professionals in other countries who have spent more time using and abusing email.

Here is an excerpt:

[…]e-mail generally increases the likelihood of conflict and miscommunication.

One reason for this is that we tend to misinterpret positive e-mail messages as more neutral, and neutral ones as more negative, than the sender intended. Even jokes are rated as less funny by recipients than by senders.

We fail to realize this largely because of egocentricity, according to a 2005 article in the Journal of Personality and Social Psychology. Sitting alone in a cubicle or basement writing e-mail, the sender internally “hears” emotional overtones, though none of these cues will be sensed by the recipient.

Read carefully!

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Customer Relationship Value vs Customer Lifetime Value

An interesting article in this month’s Harvard Business Review describes the difference between Customer Referral Value (CRV) and Customer Lifetime Value.

CLV is more well known — it is the lifetime value of a customer to a particular company. The value is computed by taking a sum of their purchases from the company over time.
CRV is more tricky — it is defined as the value of the customer’s referrals over time. In other words, it is the degree to which other people do business with the company as a result of being referred by that individual.
What is interesting is that the two are not necessarily related.
Miss Mattie, who rarely frequents the store and hardly buys anything when she does, could turn out to have very high CRV if she happens to be the helper of the richest family in the district, and her sister also happens to be the helper of someone else in the same family.
In an earlier post, I made the point that traditional CRM is too shallow an instrument to measure the value of a customer in Caribbean economies. I argued that the person’s network was just as important, and to ignore the Miss Mattie’s of the district is to do oneself grievous harm.
This new measure is, I think, an important one in understanding retail behaviour in the region, marked as it is by vast disparities in income and education. The societies are small, and CRV is critical to understanding the importance of customers by beginning to understand the quality of their networks, and the likelihood of them giving a positive referral.
When the CRV is known, companies can make intelligent decisions about how to market and advertise to each customer. Such an analysis is sure to produce some surprises.
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Almost the Last Day to Vote for My Proposal

In a prior post on Sep 20th, I mentioned that I had entered my proposal to write a new, hopefully revolutionary, manifesto on the skill of time management.

What I have neglected to mention is that since my last update on Sep 23rd, the proposal has garnered 435 votes. So far, it’s the most popular proposal of the 11 being offered up this month.

I have no idea what the threshold is to be asked to take the next step and “write a manifesto” but… if you haven’t voted, please do so.

The final date is Friday Oct 19th.

The title is “On Time Management: Toss Away the Tips, Focus on the Fundamentals”

Click here to be taken to the proposal.

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Culture Change Gone Bad

While a culture change is very hard to do well, it is very easy to do badly.

In this article from CNN, entitled “No storybook ending after tycoon dolls up vilage,” a millionaire adopted a US town, and attempted to give it a makeover.

As could be predicted, she ran into resistance, as the towns-people gradually developed a hostile resistance to her ideas and interventions.

I think she misunderstood her challenge — it was not to change the physical environment, but instead to cause a shift in the culture of the people in the town.

This is a mistake that CEOs often make – believing that money can buy just about anything.
Sometimes it can buy hearts and minds, but when it does the kind of people who end up being bought are usually not the strongest characters, and they are not likely to stay bought for long.

This approach just does not work, as this tale amply demonstrates.