Archive for September, 2009

Top 10 Most Commonly Asked Questions During A Job Interview

Wednesday, September 16th, 2009

As an extension to yesterday’s blog post, here are the 10 most commonly asked questions during a job interview according to the research done by Professor Allen Huffcutt and presented in the book Sway. This can help you prepare for your next job interview. So here are the top 10:

1. Why should I hire you?
2. What do you see yourself doing five years from now?
3. What do you consider to be your greatest strengths and weaknesses?
4. How would you describe yourself?
5. What college subject did you like the best and the least?
6. What do you know about our company?
7. Why did you decide to seek a job with our company?
8. Why did you leave your last job?
9. What do you want to earn five years from now?
10. What do you really want to do in life?

The only question that is worth asking on the list above, according to Huffcutt, is question 6. It actually will let the manager know whether or not the prospect did some research on the company. All other questions ask for a rehearsed responses from the prospect that are not necessarily honest. But if you are going in for an interview any time soon, hopefully this will help you prepare.

Until next time,

V

Sway: Second Trap Of Diagnosis (or Decision Making)

Tuesday, September 15th, 2009

Last week I talked about the three traps of diagnosis (or decision making). Just to recap the traps,

Trap 1: Ignoring Objective Data
Trap 2: Giving Credit To Irrelevant Information
Trap 3: The ‘Chameleon Effect’

Yesterday I gave you an example of the first trap hard at work in the NBA. Today I want to give you a more detailed example of the second trap of the diagnosis bias. This example is also from the book Sway, and it is about the job interview. These days many of you may be changing jobs or looking for jobs. In either case, you will likely have to go through a job interview, so you may find this interesting.

If you were to conduct a job interview, how well do you think you’ll be able to gage the prospect’s fit and their future performance in your organization? Most people think that they would be quite successful at that task. Professor Allen Huffcutt would beg to differ. Mr. Huffcutt has spent countless hours studying the different hiring practices and their effectiveness. Research in this area shows that there is very little correlation between the scores that managers assign to the prospect during the interview and the prospect’s job performance. Why does that happen?

The answer lies with the second trap – giving too much credit to irrelevant information. Most of the hiring is done based on a personal interview. And most interviews are unstructured and free-flowing in their nature. Allen Huffcutt calls it a ‘first date interview’.

During the interview the two parties get to know each other, much like two people would on a first date. Sure, the questions are different in their nature, but they are largely irrelevant to the future performance (job or relationship). None of the questions get any true indication of the prospect’s fit in the company; instead they invite standard, rehearsed answers from the prospect. The managers, however, give this irrelevant information a lot of weight, making it easy to make the wrong decision. How many times have you gone on that first date and formed a certain opinion of the person only to learn later, after you got to know the person better, that you were completely off?

The big thing that the manager wants to discover in the interview is how well he or she would get along with the prospect. It makes sense – they will be spending a lot of time together at work, so it makes sense for them to get along. The manager ends up getting along with a prospect with whom they are similar in nature, while it can be much more advantageous for the company to hire someone who is dissimilar. Dissimilar people create a more diverse environment, that, when cultivated, can produce more different, unique, interesting ideas. Similar people are unlikely to do as well because their thought processes are more similar.

Allen Huffcutt says that managers would make much better hiring decisions if they gave their prospects some standard tests that would give them an indication of how that prospect will perform in the organization. Then, out of the prospects that make the cut, the managers can conduct personal interviews to make sure the chemistry is right. Most companies, however, do not follow this guideline, even after being told about the pitfalls of having a personal interview with prospects without any aptitude tests.

Tomorrow I will give you the 10 most commonly asked questions during the job interview.

Until next time,

V

Sway: First Trap Of Diagnosis (or Decision Making)

Monday, September 14th, 2009

Last week I talked about the three traps of diagnosis (or decision making). Just to recap the traps,

Trap 1: Ignoring Objective Data
Trap 2: Giving Credit To Irrelevant Information
Trap 3: The ‘Chameleon Effect’

Today I want to give you a more detailed example of the first trap of diagnosis bias. This is the example from the book Sway which I found very fascinating. This example is about one of my favorite sports, basketball, and comes from a study of the NBA performed by Barry Staw and Ha Hoang.

Before we get into the example, let me ask you a question. What effect do you think a player’s draft pick number have on his career? When the authors of Sway posed that question, my response was ‘An insignificant one!’. Is your answer similar? I thought that what mattered was how the player played – his scoring and shooting percentage, his rebounding, his steals, his assists, his free throw percentages, his leadership, and his commitment to the team and to the game. To me it is pretty logical that it is how a player plays rather than his draft pick number that would ultimately affect his playing time, his salary, and the length of his career. Turns out I am wrong.

Now don’t get me wrong. I get how the draft works. The best players are supposed to be picked before the great players; the great players are supposed to be picked before the good players. The problem is that the tryouts that the players go through when they showcase their talents and abilities to the different teams are not the best indication of their future performance in the NBA, their commitment and dedication to the game, their coachability, and their leadership. It is rather a snap shot of players current skills and the draft is in many ways a guessing game. And what happens is that there are two player who perform exactly the same way in the league, yet they are treated differently by their coaches. And all of this comes from their draft order.

This is the first trap hard at work. As ridiculous as it sounds, the coaches ignore the objective data about the player (his playing statistics), and let their initial judgment obstruct the clear view of the situation. Players draft pick number sticks with them throughout their carriers. According to the study, a single increment in a players draft pick number decreases his playing time by 23 minutes when compared to another player with the same statistics. Staw and Hoang also point out that, again all other things being equal, a player picked in the first round would have a career lasting 3.3 years longer than a player picked in the second round. This is due to the fact that players picked later in the draft run a higher chance of being traded and then, in turn, not having their contract renewed. This is a great example of how we are reluctant to let go of the initial label that we put on a person, in spite of having obvious facts telling us a different story.

Do you think you would act differently? Well, picture the following scenario. You need to hire a contractor to replace the roof of your home. You have a choice between a contractor who shows you a certificate that tells you he finished first in college, and another contractor who has no distinguishing accomplishments. Who would you hire and who would you be willing to pay more? Now, say you hire the second contractor. Two months later you have a wind storm in your city and some shingles come off. Chances are you would say to yourself, ‘If I hired the top-of-the-class contractor, this would not happen’. You would be saying that even if they are both equally qualified and would do the same quality of a job. The only reason you would say that is because of the ’second rate’ label that you put on the hired contractor.

So, how can you avoid the first trap?

Until next time,

V

Sway: The Three Traps Of Diagnosis (or Decision Making)

Friday, September 11th, 2009

We tend to think that we always make rational decisions based on hard facts. This is actually very far off from the truth. The book Sway: The Irresistible Pull Of Irrational Behavior, written by Ori and Rom Brafman, talks about the three traps of decision making that I found totally fascinating.  Today I want to talk a little bit about the three traps and after the weekend I’ll give more detailed examples of those traps in real life.

Trap 1: Ignoring Objective Data

People often ignore facts and important quantifiable information when it comes to decision making. As you are reading this, it sounds absurd, however let me assure you that this is true. I am not saying that all people ignore all objective data, but they do ignore some of the vital and available information. We often do this when this new information goes against the positions that we have taken or the decisions that we have made.

How often have you made up your mind about a place, a person, or an event and later found some facts that contradicted your formed opinion? Now, be honest! When you heard this new information, did you give it your full attention and consideration or did you belittle it and dismissed it as probably not very important and maybe not even true?

For example, when it comes to people, we make a judgment about them long before they open their mouths – it takes as little as 38ms to form that initial opinion. After you form that opinion and decide that the person is friendly (as opposed to standoffish, for example), you will likely ignore facts that point to the contrary and embrace things that go along with your point of view. This leads us to the next trap…

Trap 2: Giving Credit To Irrelevant Information

When you form an opinion about something or someone you will pay more attention to irrelevant information as long as it reinforces your point of view. And sometimes people pay too much attention to the irrelevant information even when there is no previously formed opinion. I’ll give you an example. Have you ever bought an item that you only got because there was an attractive sales person helping you? Logically the attractiveness of the sales person should not be a factor in your decision making when making a purchase, but somehow we become irrational for the time being.

Trap 3: ‘Chameleon Effect’

‘Chameleon Effect’ is when the formed opinion of Person A about Person B affects Person B’s behaviour. And there are a lot of psychological nuances at play with the Chameleon Effect. When Person A has established an attitude towards Person B, they start acting in accordance with their opinion and emit a complimentary vibe. As a result, Person B picks up on that vibe and on the subtle body language of Person A, and responds accordingly only to meet the expectations of Person A.

To bring back the example used in description of the first trap, if your initial impression of the person is that they are cold and standoffish, when you talk to them you will be more guarded and cold yourself. They will pick up on that attitude and will be a lot less friendly than usual, to you. You will see that as confirmation of your initial assessment of that person.

I briefly described the three traps that we can often fall into when making a decision. After the weekend I will talk about more specific examples of the above three traps from Sway to give you a better understanding of them and hopefully help you avoid them in your future.

Until Monday,

V

Sway: Part I

Thursday, September 10th, 2009

Have you ever done something in the past only to wonder later why in the world you ever did it?

I started reading a book by Ori and Rom Brafman entitled Sway: The Irresistible Pull Of Irrational Behavior. It is a very well written book – it is easy to read and is very entertaining. Oh, and it has some fantastic information! I will write a few posts based on the materials in this book. I am fascinated by human behaviour and since Sway is helping me understand ‘the irresistible pull of irrational behavior’, it fits well under the subject of self-development.

One fascinating, and hilarious, example of irrational behaviour that Brafmans talk about is the ‘twenty-dollar auction’ conducted many times by Max Bazerman at the Harvard Business School. He would take out a $20-bill and introduce the rules to the auction:

1. Bids must be in increments of $1,
2. The second highest bidder has to honour his bid amount without getting anything in return.

This is what happens. Bidding starts out quickly and furiously and reaches the range of $12 – $16. Then everyone but the two highest bidders drop out. Say the two highest bidders have bids of $15 and $16. The $15 bidder has a choice to make, bid $17 or suffer a $15 loss. The person who thought he or she would get a 20-dollar bill at a hefty discount faces a situation where he or she will pay good money for nothing, the thus the bidding continues.

Instead of being rational and accepting the loss, the students are now playing the ‘not-to-lose’ strategy. The rest of the class laughs as the bids climb over the $20 mark. In all the years that Professor Bazerman ran this auction, he never lost a penny! And the highest bid ever reached was an incredible $204! You would think that the Harvard MBA students would not be so foolish as to pay 10 times the value, but experience shows otherwise. Max Bazerman uses this strategy to demonstrate a good point that consumers are irrational and that the laws of economics do not always apply.

The fun example aside, there are two things at play here. The first, playing the ‘not-to-lose’ strategy. The second, commitment to the strategy.

People play the ‘not-to-lose’ strategy because the loss is not realized until the person is out of the game. During the game it’s only a potential loss. That is a reason why people chase losses in the stock market and lose even more money in the end. Commitment to the strategy is also very important. People do not want to admit that their strategy is flawed, even when the results are clearly proving otherwise.

I will leave you with some food for thought. When have you demonstrated irrational behaviour due to the above two reasons: ‘not-to-lose’ strategy and commitment to it? And what can you do to try to avoid this in the future?

Until next time,

V

The Affirmation Difference

Wednesday, September 9th, 2009

For years I have heard and read about the magic of affirmations. And it seems so simple – just write down your affirmations on a card, read the card as often as possible, and watch your affirmations materialize.

I understood the purpose of writing the affirmations down and reading them – every time you read them they are supposed to remind you of your intentions for your life. But I always questioned whether I actually had to write them down. I mean, if I keep my intentions in my mind all the time anyway, what is the point of writing them down? So I never did.

And, as much as I hate to admit it, my results were not what I was truly looking for. Don’t get me wrong, I was getting some results, but just not at the level that I truly desired. One day, after hearing in an audio book for, like, a 100th time the importance of actually writing down your affirmations, I decided to give it a shot.

I bought a pack of cue cards and wrote down my intentions – I had 20 of them. Then every morning I took a new cue card and wrote down one of the intentions on it. I read the card as often as I remembered to. It turns out that I did not have my intentions in my mind as often as I previously thought.

An interesting shift occurred and I definitely noticed a difference within. I noticed that I was more energized and had a more positive outlook. I had some great ideas come to me (more on this later). It was also a lot easier to feel as if the results that I was after were already in my life. And while the results have not manifested yet, I know that they are on the way.

So if you are like me, wondering whether there is a point to actually writing your affirmations down…in the words of Nike, ‘Just Do It’! You should notice the difference in how you feel the very first day.

Until next time,

V

Check out www.affirmationtrigger.com: your personalized affirmations sent frequently to your smart phone, FREE of charge!

Affirmations, Intentions, and Goals

Tuesday, September 8th, 2009

For the purposes of this blog, affirmations, intentions, and goals are the same thing. Here is why:

I agree with James Arthur Ray about how the word ‘goals’ is a little too overused and thus has lost its punch. So ‘intentions’ is a great replacement. And since affirmations are positive statements about you, life, or the world, intentions done properly can be called affirmations. ‘Affirmations’ is also a more popular term, so that is why it became the name of my website – www.affirmationtriggers.com.

So, use whatever term makes more sense to you.

Until next time,

V