Who’s missing the mark?


[tweetmeme source=”JanineMoon” only_single=false]Help me understand please!

I read an article in a recent International Business Times, U.S. edition, reporting that 3.2 million jobs are going begging because perfect candidates aren’t available within the 15 million unemployed. And, apparently, they aren’t available internally, either.

[Note: I am generalizing and lumping all employers together…I acknowledge that there are exceptions!]

As the author of a book that places career development responsibility squarely in the employee’s lap (Career Ownership: Creating ‘Job Security’ in Any Economy), I still find it stupefying that employers don’t consider growing that perfect candidate–whether from the inside or outside. American employers as a whole look at investment in their greatest assets as an expense to be trimmed or eliminated.

Organizations think nothing of property, building and equipment improvements to extend the value of those physical assets, yet they find it a waste of dollars to maintain or improve the value of the assets that count most in today’s economy: workers’ brains. And, this says nothing of the value of workers who bring their hearts as well, motivated to go over and above to ensure the success of the business.

How did organizations get to the place where an operating assumption is that assets must be “perfect” in order to be a “fit,” to be of value? Or that maintaining the value of capital assets is a dispensable expense? Yet, these assumptions seem to drive many organizations in today’s economy. It’s the same thinking that organizations use to terminate workers who finish a project and hire different workers for the next–even if training or another learning solution would bridge the gap quite nicely.

Why is it that:

>Employers require experience, yet ignore slope of a learning curve?

>They downsize a workforce to reach quarterly financial goals while shelling out big bucks for outplacement to assuage guilt and appear socially sensitive in “hard times”?

>So many employers consider improving and “re-purposing” human assets to be an unwarranted expense while ignoring the expense associated with turnover, lost productivity, low morale and disappearing customer loyalty?

If a position can go unfilled for months while a search for the perfect candidate occurs, how important can it be to fill it in the first place? Do the accolades managers receive for coming in “under budget” outweigh the costs (much more difficult to track) of filling a position with less-than-perfect? What numbers would organizations discover if they weighed the ROI between bringing an internal candidate up to speed and recruiting for the perfect fit? How is the lost productivity measured and tracked? The lower efficiency and missed opportunities? Customers who go with a more responsive competitor while the search drags on for a qualified candidate?

How about measuring the real costs of doing business?

Organizations purport that they must “make the numbers;” so it is time for organizations to take responsibility for tracking all the numbers—not just the ones that make a quick short-term impact. In any economy, sacrificing smart, solid longer term business practice in the interests of meeting outdated stability measures results in a false sense of security for the bankers and the stockholders, especially when it’s the assets that are sacrificed.

In the May issue of Fast Company, authors Dan Heath and Chip Heath make a compelling case for growing talent internally rather than recruiting from the outside. It’s high time business people review outdated activities that fall under the guise of “sound business practice” and upgrade those principles to align with the needs of the 2010 economy.

Why not weigh in?

What will it take for employers to put workers on the “asset” side of the ledger instead of the “expense” side? How can workers help this happen?

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Paying the Piper


The May 11 print issue of Business Week has a must-read article for anyone who is in the job market, worried about job security, or generally recognizes that our employment market isn’t quite as effective as we think. The author notes that in the midst of the high-unemployment across the country, there are about 3 million job openings that aren’t being filled.

Why? The short answer is that job-seekers don’t match the jobs. The jobs require skills sets different than those held by people looking for work. We’ve known for years that a number of industries are shrinking (e.g. manufacturing) and other industries are growing (e.g. health care). Even with this information, employers in shrinking industries did little retraining of their workforces and employees in these same shrinking industries thought little about becoming trained for another line of work. That gets us to today: jobs going begging for people to fill them, while workers by the millions are collecting unemployment. It’s time to pay the piper.

Here’s the Big Question: Who is responsible for retraining and retooling? The organization or the worker? Rather than facing reality and stepping into the responsibility, each points the finger at the other while saying loudly, “we have no money to retrain.” This leads to more of the same, while the market imbalance only increases. We are so quick to place blame and so slow to roll up our sleeves and get to work!

work_retraining

Let’s look at both perspectives.

Employers
Fact: some industries cannot hire enough qualified people, e.g. health care, education, professional services and government.
Their options: continue understaffed, shut down parts of the business, inflate hiring packages, or hire under-qualified people and train them.

The last option of the four makes a lot of sense…and maybe that’s why it’s not often selected. For whatever reason, employers expect that their employees will come with 110% of position requirements… fully trained with short or non-existent learning curves. Given the current pool of unemployed workers, this expectation is beyond a mismatch…it’s a fantasy. Most employers will take one (maybe all) of the first three options before they even consider training people. Why? Because ‘we’ve always hired this way.’ Or, it’s too expensive. Yet, these same employers don’t calculate the true costs of the first three options. So, employers’ expectations aren’t aligned with their business needs.

Workers
Fact: many people searching for work have outdated, irrelevant skills yet they continue to search for jobs that use those skills. Of course, the jobs aren’t there.
Their options: blame the economy and continue to feel worthless, expect additional unemployment benefits from the stimulus money, wish that things were the same as they were twenty years ago, or retrain for another industry or work function.

Again, the last option of the four makes the most sense…yet it’s often not pursued for lack of money (and a guaranteed return) or for lack of confidence. Probably because of Industrial economy paternalism, employees see training as what employers do, and so their expectations get in the way of a common sense solution to the employment market blues.

So, who must take accountability to create a match between employer needs and worker skills? Both.

It does the economy little good to have employers unable to compete globally; it does society little good to have great numbers of unemployed; it does families little good to live in depression and exist on welfare; it does workers little good to lose pride of contribution and self-efficacy.

If you’re an employer who doesn’t believe you can afford to train or retrain–think again, because you can’t afford not to. Can you afford to lose customers while you continue to search for the ideal employee? Can you afford to cut back on services while you search?

If you’re a worker who doesn’t believe you can afford to update your skills or retrain for another industry, think again…you can’t afford not to either. You must do one or more of these things:

1. Visit your local community college, and talk to a counselor; investigate their retraining programs for growth industries. Ask about loans and grant monies to pay for the training because it’s out there. It’s time to stop making excuses for why you can’t find work.

2. Get on the internet and find out what industries are growing and figure out your best path to invest in yourself and your (and your family’s) future. Visit The Occupational Outlook Handbook to determine what interests you, the education and training requirements for positions in that industry and how you can get that training. Another sound source of occupational information is O*Net; visit the site and investigate opportunities for a new direction.

3. Talk to a career coach or counselor to help you define a path. There are plenty of low-cost and no-cost services within any community if you look around. Check out faith-based and social service organizations; these are good sources of and good referrals for community career services.

Whether you’re an employer looking for skilled workers or a worker looking for stable employment, take another look at how you’re doing things. If you’re coming up short, making little headway in the employment marketplace and you want to dance, you have to pay the piper. Now’s the time.