Articles
Here's what Predictive Success's team is reading. We hope you find these articles of interest.
February 2010 Companies that employ design thinking will tap into innovation, longevity and competitive advantage, says Roger Martin, Dean of the Rotman School of Business. Read more... HR Professional February 2010
January 2010 Canada’s plastics processors can expect a rebound in 2010, according to the Canadian Plastics Industry Association. "I believe there will be meaningful recovery," said CPIA President and CEO Mark Badger. Mississauga-based CPIA estimated Canada’s plastics industry output fell about 20 percent in 2009. Read more
December 6, 2009 The so-far tepid economic recovery in North America might have taken its first big step forward in November as Canada's private sector went on a hiring spree and U.S. employers eased up on job cuts. Read more
December, 2009 When Tony Argiz was rising through the ranks of his accounting and consulting firm, he took every evaluation seriously. If just one employee criticized him, he would devote the next year to improving that aspect of his leadership style. Read more
November 30, 2009 Canada's economy is being held back only by its trading partners. The latest reading suggests the country struggled to recover from the recession in the third quarter. But behind the headline statistic, a sharp rebound in the domestic economy is under way. Read more
November 21, 2009 This wonderful interview about leadership in the NY Times with the head of Accenture, William D Green, Chairman and CEO was drawn to my attention. Among many other things, he has some good things to say about how leadership changes when you find yourself at the top. Read more
November 05, 2009 US Billionaire Bets Big on US Economy -American billionaire investor Warren Buffett has cast a big vote of confidence on the U.S. economy by purchasing one of the nation's largest rail systems. The deal, worth $44 billion, marks the single biggest investment ever undertaken by Buffett's company. Analysts say it's also a big gamble on the economic future of the United States. Read more By By Mil Arcega Washington
November 2009 Using assessments to evaluate employees' work and learning styles can facilitate team building and help managers capitalize on their individual strengths. Blending the right mixture of personalities and behaviors can accelerate team performance. Read more
November 2009 What's Wrong With the Boss? Managers already have their hands full leading their teams through uncertain and turbulent times. Even worse, more than a quarter of employees would like to see them get fired.
This was the key finding of a recent Adecco survey. The underlying factor prompting this level of employee contempt is frustration and feelings of demoralization and being out of the loop as a result of the recession. Read more... by Deanna Hartley-Talent Management
October 20, 2009. Canada's trifecta win: dollar, stocks, commodities. World: step aside for Canada: Commodities, the Canadian dollar and Toronto Stock Exchange are headed onward and upward despite the world economy appearing to be only halfway through this Great Recession. The U.S. is undertaking a managed devaluation of its currency to overcome the damage caused by the decades of managed devaluations undertaken by China and other Asian export nations. Read more by Diane Francis The National Post
October 15, 2009 The Economic Recovery Is Well Underway
New job growth will follow this year or in 2010, but new tax burdens could keep unemployment higher than it should be.
When it comes to the economy and financial markets, good news has far outweighed bad news in 2009. Just about every piece of economic and financial market data is tracing out a V-shaped recovery. One would think that this would lead to a little more optimism from the conventional wisdom crowd, but it doesn't. With unemployment at 9.8% last month and the economy still losing jobs at an elevated pace, people are worried. Many fear a W-shaped economy, otherwise known as a double-dip recession. Read more... By BRIAN WESBURY , Wall Street Journal
October 09, 2009 The Canadian dollar raced to a one-year high on Friday as domestic jobs data that humbled forecasts ignited talk about whether the Bank of Canada will be forced to break its conditional pledge and raise rates sooner than expected. Read more...By By Frank Pingue Reuters.com
September 15, 2009 Continued great news….From Nancy’s great call she tells us business is back…. and it is the “business new year” in September…. your prospects need solutions and we are perfectly positioned.
Nancy reminded us to position PI as a management tool not a hiring tool for 2010…. Those who can lead in challenging times is still a needed commodity by Canadian companies and PI® is the tool.
WASHINGTON (MarketWatch) -- Federal Reserve Chairman Ben Bernanke said Tuesday that the recession has ended, at least based on the numbers. Read more... Gregg Robb Market Watch
September 13, 2009 The MSCI World Stock Market Index continued its six-month rally and reached a new 11-month high on Friday of 1119.23, the highest close since October 3 last year. From the March low, world stocks have now risen by 62.5%. Read more... Dr. Mark J. Perry blog
August 28 - September 3, 2009 As CEO of Summa Technologies a downtown based IT consulting and software firm, Audrey Dunning was looking for better ways to understand the personalities and communication skill of her staff.
Read more... By Tim Schooley Pittsburgh Business Times
August 30, 2009 The most important decision any company can make is hiring the person to run it, and companies eager to avoid mistakes are willing to invest in getting it right. Read more... By Ann Belser, Pittsburgh Post-Gazette
September 9, 2009 Improving outlook for the U.S. bodes well for Canada. In June, the Organization for Economic Co-operation and Development (OECD) stated "a recovery is likely to be weak and fragile, and the economic and social damage caused by the crisis will be long-lasting." Read more...John Clinkard
September 01, 2009 Research from DesRosiers Automotive Consultants Inc. showed GM sold just over 23,000 vehicles last month, besting Ford Motor Co. by roughly 850 units. Ford had snatched the sales crown from GM earlier this year Read more ...Nicolas Van Praet, Financial Post
July 21 (Bloomberg) -- Caterpillar Inc., Merck & Co. and DuPont Co. were among companies reporting earnings that beat analysts’ estimates by cutting jobs while projecting rising demand. The surprises may signal the recession is near its end.
Read more...By Shannon Pettypiece and Tom Randall Bloomberg.com
Why Having Engaged Employees Matters - Recent studies show that dedicated employees give their companies a boost in profitability and productivity, which is all the more reason to keep employees engaged and connected with the business as a whole. Read more...Thomas Net Industrial Newsroom May 13, 2009
Identifying employee skill gaps - Identifying the areas where organizations need to improve their capabilities most is an important step in any change effort. Such a skill is helpful particularly in times of cost-cutting—where limited training resources must be used to close the critical competency gaps that prevent companies from meeting business objectives. Read more.. The McKinsey Quarterly May 2009
Talent Management in Post Meltdown Economy What a difference a year makes. The message we were left with from the Human Resources Professional Association conference Innovate ’08 was that talent management would become increasingly more challenging as the “grey
wave” of baby boomers exited the workforce. As of the midpoint in 2008, over 60% of HR professionals felt that attracting and retaining talent was a key business driver. Read more.
TLOMA.com April 2009
Achieving More with Your Current Investment "As the number of applications (i.e. value) increases, the perceived cost decreases" Predictive Index® has been in existence for more than 55 years, and yet many clients are still using the Predictive Index for less than 40 % of the total value the program brings to companies who are using it. Read more. (April 2009 Newsletter article - Doug McCann Managing Principal Predictive Success
Making the Cut, Part 2 , In my last article I discussed the changes that we've experienced in the talent management landscape as a result of the economic downturn. At the midpoint of 2008 business leaders felt that attracting and retaining talent was a key business driver. Little did we know that the shift in focus would be to retention of talent and in some cases the reduction of headcount .Read more. April 2009 Newsletter article - Bob Woodcock, Managing Principal Predictive Success
Foxhole – “Staying-in-my-Bunker” Manager is Not the Best Strategy. I read this past weekend a great article in the business section the NY Times by Kelley Holland. Kelley wrote an op-ed about the need to have good managers helping their employees to cope with the uncertain times we have ahead. We know that 2009 will continue to be a challenge and we also know that we will come out of this with better processes in many of our business as a result of the tough slugging we are going through. Read more April 2009 Newsletter Article - Dave Lahey, President Predictive Success
Managing in a downturn. In the current economic and financial climate, it is difficult for many businesspeople to think beyond the doom and gloom dominating the headlines. Since the credit crunch began in earnest in August 2007, when the European Central Bank injected ∑95bn worth of funds into the money markets, it has continued to gather momentum and threaten or destroy some of the biggest names in business. From Bear Stearns and Lehman Brothers to General Motors and Woolworth's, the fall-out from the first severe downturn of the 21st century has yet to play itself out. Read more...(Financial Times January 23, 2009)
Jim Collins: How great companies turn crisis into opportunity In troubled times a business needs enduring values, the best talent and an ability to 'zoom out' and see past the chaos in front of it. By Jennifer Reingold, senior writer Fortune Magazine.( First Published: January 22, 2009: 6:55 AM ET)
Predictive Index course now qualifies for CHRP recert hours March 1, 2009. Recertification is one of the requirements for retaining the Certified Human Resources Professional (CHRP™) designation. Individuals who successfully recertify and are current members of HRPA maintain their designation for another three years. Recertification stipulates that certified professionals undertake professional development activities which demonstrate a commitment to continuous development and professional currency. Read more... (HRPA March 2009)
DON’T WASTE A SALES CRISIS———RETOOL YOUR SALES DEPARTMENT NOW A breakfast series 2009 event. The record-breaking financial crisis has turned into a world-class business crisis. This business crisis is going to affect your company’s revenue driving engine. It is time for executive level hands-on management of the sales function. Read more... (March 2009 Newsletter)
March marks the month of NCAA's College Basketball March Madness. Pat Summitt, head coach of the Tennessee Lady Vols achieved the 1000th win milestone this season, becoming only the first Division One coach in NCAA history to achieve this feat. Did you know that Pat Summitt has been a user of PI for over 10 seasons, and is a big believer in understanding the behavioural makeup of the players that she's recruiting? Hear more. (March 2009 Newsletter)
Top 10 Reasons Managers Fear Assessment Testing -Much like the fear of the unknown with the current state of the economy, many organizational management teams fear workplace assessments. But is this fear justified? It is real? Or is it merely an exaggeration? Let’s look at the Top 10 Read more...(March 2009 Newsletter)
Making the Cut, Part 1 - What a difference a year makes. The message we were left with from the Human Resources Professional Association conference Innovate ’08 was that talent management would become increasingly more challenging as the “grey wave” of baby boomers exited the workforce. As of the midpoint in 2008, over 60% of HR professionals felt that attracting and retaining talent was a key business driver. Read more... (March 2009 Newsletter)
Communication = The Results That You Get - PI is an instrument with many applications and one of the least used is as a powerful communication tool. Of all the things we do every day communication is likely the most important and yet the least understood. Read more...(March 2009 Newsletter)
Even in a recession, some companies are hiring While the recession has claimed 4.4 million jobs, the economy has created others, many of them for highly trained and specialized professionals. More than 2 million jobs openings now exist across a range of industries, according to government data. (MSNBC - March 2009)
Executives view their economies as bad but, in a change from recent months, do not see them getting much worse. Economic Conditions Snapshot, February 2009: McKinsey Global Survey Results (March 2009)
Downturns place companies’ talent strategies at risk. As deteriorating performance forces increasingly aggressive head count reductions, it’s easy to lose. A downturn can give smart companies a chance to upgrade their talent. (March 2009)
Paraphrased from Trendwatcher, 02-13-09 "Reduce the budget now! After all, conventional wisdom tells us that when the going gets tough, its easiest that training is the first to get going." (February 2009)
David Osborne, Vice President Business Development, Predictive Success "During the challenging economic times, senior leaders have to be looking at all ways to drive revenues and margins." (February 2009)
Kristy Kahler Senior Marketing Associate Predictive Success "Predictive Success is please to announce that the Predictive Index Management Program" (February 2009)
Perry Phillips President ESOP Builders Inc "Baby Boomers Want Out"
(January 2009)
Gary Brown Managing Principal Predictive Success "The Right People"
(January 2009)
Dave Lahey President Predictive Success "Trends We See For 2009"
(January 2009)
Bob Woodcock "Win the War on Talent" TLOMA Today
(November 2008)
Dave Lahey "Using Personality testing to drive six sigma savings on your people assets"
(October 2008)
Tara Swords "You Think Your Boss Is Bad?" Washington Post
(September 2008)
Dennis LaRosee "Learn to love 'renegade' employees" Canadian HR Reporter
(April 2004)
Doug McCann "Retail Careers are not for everyone but finding the right people is for everyone "
(September 2008)
Personnel Today "Trade secrets: Psychometric testing" Personnel Today Magazine"
(May 22, 2008)
Marci Alboher "Overcoming the 'SWAY' in Professional Life" The New York Times
(July 15, 2008).
Agatha Gilmour "AMA Study Finds More Use of High-Level Coaching" Talent Management Magazine
(July 2008).
Heather Wood. "Golf Course Industry Predicting Employee Behavior". Golf Course Industry.
(April 28, 2008).
Dr. Harris, Todd. "Lessons in Revolutionary Leadership. Taking a page from the George Washington story" Financial Post.
(April 30, 2008).
Christian Burger, "Making Growth Happen, How to Manage Growth Initiatives Effectively" Booz Allen Hamilton Inc.
(March 2008).
Dr. Harris, Todd. "Entrepreneurial mind set delivers the 'secret sauce'
Traits can be nourished within the company" Financial Post.
(February 27, 2008).
Dr. Harris, Todd. "Understanding the psychology of the successful; Most are independent and socially intelligent" Financial Post.
(February 25, 2008).
Manyika, James M., Roberts, Roger P., and Sprague, Kara L. "Eight business technology trends to watch" The McKinsey Quarterly.
(December 2007).
Robbins, Stever. "Leadership Workbox - Firing Up Organizations in Tough Times" Harvard Business School.
(April 23, 2003).
Adler, Lou. "The Official Rules for Hiring Top Talent" The Adler Group.
(January 3, 2008).
Jones, Tegan. "Predicting Performance: The Benefits of Behavioral Assessments" Talent Management Magazine.
(September 2007).
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