WorkPuzzle

12 Mistakes You’re Making in Social Media

I’ve been spending a lot of time studying and experimenting with social media since the beginning of the year.  I know that some of you will certainly think I’m showing up really late to a party that started some time ago.  And, that may be true!  

But, the more I study the topic, the more I’m becoming convinced that being an early adopter with such a powerful emerging technology, like social media, is bound to lead to a number of mistakes and missteps.  For recruiting applications, some of these mistakes have been both profound (ie. disqualifying) and expensive.  

However, I’ve started to observe, in the last six to twelve months, social networking recruiting ideas that will likely be viable for the long term.  Makers of the new applications have gained insight from earlier mistakes, and the use of social media for recruiting purposes is really gaining momentum.

One thing that helps this process of improvement is that social media mistakes that companies make seem to be increasingly documented.  I’ve read many articles on this topic and thought I'd share one I recently found helpful.  

This article is based on a light study recently conducted on LinkedIn, where a group of participants were asked to document the mistakes they most commonly observe.  The original write-up included the top 16 mistakes, but I’ve cut it down to the top twelve I thought were most relevant.  

The list is arranged so that the mistakes are numbered and listed in bold.  Under each mistake is a relevant comment from a user in the study.  It may seem a little disjointed at first, but these eclectic comments do paint an interesting picture.  If you want more detail, take a look at the original article.

1.  Thinking it's a sprint instead of a marathon.

"I find most expect social media to be a sprint not a marathon.  They get really into it and then let it fall by the wayside by not posting regularly and not engaging with others.  As my partner says, ‘It's a marathon, not a sprint.’  You must give it time, you are building relationships."

2.  Not having a plan or strategy.

"I think the biggest mistake is not having a clear strategy around why they are using it that aligns with a strategy of what they want out of it.  This is closely followed by not measuring if they are on track.”

3.  Talking too much and not listening enough.

"They need to talk less and listen more.  Social media is all about making connections and, just like in the real (rather than virtual) world, people will be more drawn to you if you actually listen to what they're saying, than if you try to force your message upon them."

4  Airing bad feelings.

"I think the biggest mistake is airing bad feelings / arguments over sites like Twitter.  I watched a CEO debate rather childishly with a PR guy - going so far as to use derogatory and inappropriate language."

5.  Too much time spent on self-promotion.

"One big mistake small business leaders make in social media is to spend a lot of time trying to promote themselves.  They also forget to keep an eye on how their brand is being perceived.”

6. Not making it relevant to me.

"I don't want to get ten tweets a day hearing about YOU.  I want to hear things that are valuable for me and my life... and they need to be fast.  And not too frequent:  I don't want to incessantly hear about your business.  It won't make me think of you more, it'll just make me annoyed with you.  So:  short, sweet, pertinent, and valuable to me."

7.  Blurring the lines between personal and professional.

"They blur the line between personal and professional.  If you are using Facebook, use it only for personal or business, not both.  Same applies to Twitter.  I think LinkedIn is ideal in that it is all business/professional."

8.  Creating a business profile first and a personable profile later.

"They make their profiles appear as their company portals, trimmed with lots of company/brand information.  It results in viewers bouncing out of the profile quickly—ie. professional visits the profile, but flips to another profile without scrolling down the entire profile.  You should create an interesting profile first, engage people, and then propagate your message."

9.  A serious underestimation of the amount of resources it takes to administer a social media effort.

"The number one mistake I've seen is a serious underestimation of the amount of resources required to engage and maintain a social program."

10.  Expecting social media to do all the work.

"You can't just blast the world with your ideas, products, and services, then sit back and expect everyone to think you're so wonderful.  That is unrealistic."

11.  Getting on social media just because everyone else is doing it.

"I see many businesses getting on social media because 'everyone else is' or 'we just have to' but without clear purpose or a plan.  One wouldn't open a new store, address a new market, or open a new sales region without extensive planning, goals, organization and thought.  And yet, many small businesses (especially sole proprietors) just up and register for Twitter, etc. one night and wade right in."

12.  Not understanding that it's all about relationship building.

"What I see so often is that a business decides to jump into social media because they're afraid they might be left behind, but then they fail to put a well thought out strategy in place.  They end up throwing a bunch of profiles on the internet, trying to market and sell to everyone, and basically failing."

Do an inventory or your organization’s social media efforts.  Are you making any of these mistakes?  If so, put a plan in place to make corrections.  I do believe your effort will pay off.  Social media is here to stay, but you’ll need to apply effort and focus to make it work for you.

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Editor's Note: This article was written by Ben Hess. Ben is the Founding Partner and Managing Director of Tidemark, Inc. and a regular contributor to WorkPuzzle. Comments or questions are welcome. If you're an email subscriber, reply to this WorkPuzzle email. If you read the blog directly from the web, you can click the "comments" link below.

New Research: Transitioning to a Real Estate Career Could Save Your Life?

As you may know, our company closely follows the recruiting trends in the real estate industry.  Even though we are starting to see signs of recovery among many of our clients, it is still a challenge to get high quality “new to real estate” candidates to seriously consider becoming an agent in today’s market. 

One of the metrics we use to track this trend is the amount of advertising dollars it takes to source an individual candidate.  We track this metric across more that 30 metropolitan areas in the United States and eventually arrive at a “cost per candidate” average (aggregate) for the whole country.  

In 2011, this cost per candidate average rose steadily over the entire year.  After evaluating a number of marketing process variables (ex. # of ads, frequency of postings, ad content, etc.), it became clear that the elephant in the room was the constant negative dialog that the public is fed concerning the state of the real estate market by media sources. 

As a result, the default mode of thinking for most people in our society is that the real estate industry is not the place to find exciting and lucrative career opportunities. We're flying into a head wind.

So, here’s an important question:  How do you counter this type of thinking?  This is something we ponder every day as we fight the advertising and sourcing battles.  But, it is also a question you should be considering if you are going to successfully interview and guide a high-quality candidate through the hiring process. 

To win your battles, I would suggest that your best weapon is creativity.  To break people out of their status quo thinking, you’ll need to challenge their assumptions and help them see their careers from a new perspective.    

I ran across one example of this type of thinking earlier this week that I thought was worth sharing. 

This idea comes from Issie Lapowsky, a free-lance writer who discovered some research recently conducted by professors at Louisiana State University and Baylor University.  The research centers on the health benefits individuals experience by starting and managing a microbusiness (a business with less than five employees). 

By examining data from more than 3,000 counties in the United States, the researchers documented the number of microbusinesses per 10,000 residents in each county.  Then, they compared Center for Disease Control and Prevention health data to the same study groups.  

Their findings revealed a strong correlation between the health and well-being of citizens in those counties that had high percentages of microbusinesses.  More specifically, compared to national averages, mortality rates were up to 55% lower, obesity rates were up to 63% lower, and diabetes rates were up to 55% lower in those counties that had high numbers of microbusinesses. 

Check out the embedded info graphic to learn more (click on the graphic to see a larger version of the graphic):

Becoming a real estate agent is, in essence, starting and managing a microbusiness.  During an interview, the argument could be made that choosing an non-traditional career field like real estate leads to a lifestyle that is not only more financially advantageous, but also beneficial to a person’s health and physical well-being. 

This line of reasoning may sound a little crazy on the surface, but people spend billions of dollars each year trying to better their health.  And, many people are stuck in jobs that carry serious health risks (extensive travel, high stress, long commutes, sedentary work conditions, etc.).    

Could starting a microbusiness in the real estate industry be part of a healthy lifestyle that a candidate is striving to obtain?  Of course it could.  And, by successfully making this argument, you’ve moved the focus of the employment dialog away from the script the media so relentlessly repeats. 

This is just one example of how creativity is going to be necessary in order to increase our recruiting batting average.  I believe you should have four or five of these types of “alternative arguments” at your disposal when you’re talking with a candidate.  As you listen to a candidate’s story during the interview, be ready to creatively match non-traditional benefits to the candidate’s pain.  

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Editor's Note: This article was written by Ben Hess. Ben is the Founding Partner and Managing Director of Tidemark, Inc. and a regular contributor to WorkPuzzle. Comments or questions are welcome. If you're an email subscriber, reply to this WorkPuzzle email. If you read the blog directly from the web, you can click the "comments" link below.

5 Reasons You Need to Connect Face-to-Face with Your Clients

As I mentioned in our last discussion, Dave and I spent some time at a couple of national real estate conferences in March.  Each year, our company puts together a marketing and account management plan and there is usually some dialog among the partners concerning the benefit of such events. 

Attending a national conference means taking time away from our normal business activities, which produce the revenue for our company.  In addition, since no one in their right mind would schedule a spring time conference anywhere close to Seattle, there is the travel expense and inconvenience of uprooting for a few days to get to the conference location. 

So, why do we participate in these events?  Because we’ve come to the conclusion that there is an intrinsic value in connecting with our clients, face-to-face, as often as possible.  We’ve learned (in our business) that there is nothing that can replace this valuable interaction, and it’s worth the investment. 

Until recently, I thought this was something unique to our type of business.  But, as I’ve read more on this topic, I’ve found it is a common thread in the success of most companies.  And, I would suspect it is a necessity for a real estate manager as well. 

René Shimada Siegel, Founder of High Tech Connect, articulated some the benefits of face-to-face meetings in a recent article in Inc. Magazine.  Here is how she boiled down the topic: 

“No matter what industry we’re in, we’re all in the people business.  We’ll only be successful if we really get to know our customers and colleagues.  Many of my clients are so busy that they now prefer texting to even emails or calls.  

Skype, WebEx and audio calls are convenient and create the illusion we’re actually having a meeting -- but nothing beats the power of a truly personal, face-to-face connection.  What can you learn from an in-person meeting that you can’t from a virtual one?  

1. You're off the record.  Many of my clients work in cubes and can’t have private telephone conversations with me or anyone else.  This means that when I talk to them on the phone, I might not get to hear the most important information they can share:  the unique team dynamics, the executive’s personality quirks, etc.  Over sushi or a latte or a walk around the block, my clients can let me know more -- with more color -- than they can over the telephone or in an email.   
2. Make use of not-so-small talk.  Most business conversations are focused on solving a problem quickly and efficiently, while business relationships are built when people take the time to share and learn more about each other.  That happens more naturally in person than over the phone or in an email.  What cements a bond between people?  Small talk about a favorite team, passion for pecan pie, parenting challenges, and the other bits and pieces that make us unique and interesting.  
3. Make an impression.  I bought a new handbag.  It’s faux ostrich and it’s pink.  Really pink.  I’ve received compliments on it from every woman (and one man) I’ve met with in the past two weeks.  I had worried it was perhaps not professional enough for business.  But the style and color were bold, “spring-y” and made me smile.  Who knew my $60 knock-off handbag would be such a great conversation starter and deliver such a strong personal statement?  How do you do that over Skype?  
4. Read the body language.  Facial expressions often communicate so much more than words.  We host consultant coffees and invite a handful of independent consultants to our office in order to better understand the nuances of each professional in a relaxed setting.  We need to know what isn’t on the resume that makes each person unique.  In their eyes and in their body language, we can see confidence, empathy, fear, friendliness or sincerity.  That ability to “read” a candidate beyond their keywords is a huge competitive advantage for us.  
5. Learn where the action is.  I find out so much when I visit one of my clients in their office.  Is the lobby bright and inviting with recent accolades proudly displayed?  Do employees seem happy?  Is there free juice and healthy snacks in the cafeteria?  Brand new Herman Miller chairs in the conference room?  Is everyone moving in slow motion or is there a palpable buzz?  The environment speaks volumes and may factor into your business proposal or plan.  By understanding company dynamics, we can communicate more effectively to meet their needs.” 

As the use of technology continues to evolve in the real estate industry, don’t completely give in to the siren’s call.  Meeting with your agents face-to-face and encouraging them to meet with their clients face-to-face, is something that cannot be replaced.

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Editor's Note: This article was written by Ben Hess. Ben is the Founding Partner and Managing Director of Tidemark, Inc. and a regular contributor to WorkPuzzle. Comments or questions are welcome. If you're an email subscriber, reply to this WorkPuzzle email. If you read the blog directly from the web, you can click the "comments" link below.

What Mosquitoes Can Teach You About Recruiting

I’ve had the opportunity to attend a couple of national conferences in March, so I’ve been traveling more than normal.  During these times, I tend to be more of an eclectic reader.  Whether I’m waiting in the airport, sitting in a hotel lobby, or passing time while the plane climbs to 10,000 feet so computers can be used, there seems to be odd material that catches my eye, and I’m drawn in. 

One of the most interesting articles I read this week was on the progress that has been recently made in the fight to eradicate the world of malaria.  I know this may be a stretch, but I believe some of these new discoveries may also help you with recruiting.  Hang in there on this line of thought—I think you’ll enjoy it. 

As you probably know, malaria is a devastating disease that kills hundreds of thousands of people each year, and is primarily transmitted through mosquitoes.  This pesky little insect is a most difficult adversary because of its size, propensity to breed, and persistence.   

For years, the strategy for combating malaria-carrying mosquitoes has been the extensive use of spray-based insecticides.  This method is problematic because it’s difficult to get a mosquito to stay in one place so it can be sprayed.  In turn, there are lots of environmental problems and health side effects with “carpet-bombing” large geographies with high-powered insecticides. 

However, for many years, researchers have been stuck in the spray-based insecticide paradigm with the focus on finding ways to minimize collateral damage.  This has been frustrating work, and only incremental progress toward eradicating the disease has been achieved.  The large majority of scientists working on the problem were stuck—until recently. 

Enter the Bill and Melinda Gates Foundation... One of the foundation’s goals was to eradicate malaria, but to do so they quickly found they needed to challenge some of the basic assumptions that were restricting creativity.  More specifically, the researchers zeroed in on the belief that a mosquito needs blood in order to live. 

While this is true, it is only partially true.  It turns out that only female mosquitoes are cause for concern.  A mosquito “bite” is actually a process where the little pest injects two small tubes into its victim.  One tube delivers an enzyme that inhibits blood from clotting (this is what is left behind and causes itching) and the other tube sucks out the blood.  The borrowed blood is then used by the female to develop her eggs. 

So, why is this assumption that mosquitoes need blood in order to survive an erroneous assumption?  Because mosquitoes need blood in order to reproduce.  They need glucose (sugar) in order to survive.  Once researchers made this distinction, the creative juices started to flow. 

The strategy for insecticide use is now being inverted.  Instead of carpet-bombing with insecticide,  mosquitoes are “baited” with glucose stations.  The glucose containers in these stations are then laced with insecticide.  The mosquitoes kill themselves as they naturally respond to their most basic need. 

What’s even more interesting is that most of the research on this method was conducted more than 20 years ago.  The lead researchers were two medical entomologists from the Hebrew University in Jerusalem.  When asked why these methodologies were not used earlier, the professors said that no one had an interest, until the Gates Foundation got involved.  The rest of the world was blinded by the “blood needed to survive” paradigm. 

So, how does this apply to recruiting?  I believe that many hiring managers in the real estate industry think that real estate agents need money and broker-provided services in order to survive.  This belief leads to a focus on such things as commission-splits, feature/benefits checklists, technology platforms, and other such tit-for-tat items that often soak up the attention in a recruiting discussion. 

Of course, real estate agents need these things in order to grow their business (reproduce) and eventually flourish.  But, they don’t need these things in order to survive.

There is something more organic that you may have been missing… 

Real estate agents need relationships in order to survive.

Let that statement sink in.  If real estate agents are not able to develop and maintain a substantial set of credible professional and personal relationships, they will die.  No amount of broker provided services can compensate for this deficiency, and the best commission splits in the world will amount to nothing.  

Maybe a set of improved recruiting strategies (especially experienced agent recruiting strategies) will be hatched if this principle becomes your new starting point.  

Like the malaria researchers, you may find yourself with a renewed sense of creativity that lifts you above the most commonly used experienced agent recruiting strategies.  These ingrained strategies, I am often told by our clients, are producing diminished results and are very difficult to find the motivation to sustain. 

Most hiring managers still use a “carpet-bombing” approach of promotional activities with the hope to capture a few new recruits along the way.  The holy grail of recruiting is getting to a place where you can attract competitive agents to your business.  Even a mosquito can’t resist this!

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Editor's Note: This article was written by Ben Hess. Ben is the Founding Partner and Managing Director of Tidemark, Inc. and a regular contributor to WorkPuzzle. Comments or questions are welcome. If you're an email subscriber, reply to this WorkPuzzle email. If you read the blog directly from the web, you can click the "comments" link below.

UNDERSTANDING THE PINTEREST PHENOMENON—Part 2

So, have you had a chance to check out Pinterest?  If you’re like a lot people, maybe you got sucked in and spent more time on the site than you intended! 

To finish up the discussion we started last week, I’ll restate the question that I left unanswered: 

How can the Pinterest insights be used in your business? 

First, I’m not suggesting that your company establish a Pinterest account and start trying to use this avenue to accomplish various business objectives (marketing, recruiting, band building, etc.).  Instead, I’m proposing that we try to learn from their methodologies.   

I know that most real estate companies are already participating in various social networking initiatives.  Much of the involvement is early stage and there is much to learn as we all try to make these venues produce results.  So, what has Pinterest figured out, and how can you apply some of the lessons to your social networking efforts? 

Here are some ideas that came to mind as I pondered this question. 

1.  There is a difference between congregating around interest and congregating around relationship. 

Pinterest teaches us that there can be an appropriate (and sometimes necessary) separation between my interests and my relationships.  The personal nature of information that I share with family and friends is not interesting to most people.  

People seem to open up a little more on-line when they are communicating about their interests.  In doing so, there is more diversity in the types of people who can connect around a topic of shared interest.   

2.  Business more naturally connects with interest. 

You’ve probably heard the old saying:  People hate to be sold, but love to buy.  When there is a common interest that a group of people congregate around, it is natural for people to talk about the products and services they use to support that interest. 

However, it’s usually awkward to first have a relationship with someone based on a personal connection (ex. alumni of the same high school), and then have a conversation about a product or service.  I’m not saying that this never happens, but it quickly raises on-line privacy concerns for most people; Many people feel that a relational interest is being contrived for a business objective.  

3.  People are drawn to pictures.   

Pinterest didn’t discover this phenomenon, but they’ve certainly mastered its application.  There is something magnetic about an interesting picture. 

For example, one of my business partners has a 24-year old daughter who lives in New York City and works for a publishing company.  Now, I’m not overly interested in the publishing industry or the daily life of a young female who lives on the other side of the country.  But, this young woman takes incredible pictures. 

She writes a blog about what she calls her wonderful adventure in New York City.  My wife and I will occasionally pop on her blog with the purpose of seeing what cool pictures Heather has posted this week.  There is something very captivating about a person who has a passion and captures it with pictures. 

4.  Facebook and Twitter may get you where you want to go. 

There is a bunch of discussion among real estate companies in the last year or so about using Facebook and Twitter as avenues for promoting business interests.  The thought is that they are the largest and most prominent social networks, so it only makes sense to attempt to leverage their large membership bases. 

Pinterest may be teaching us something different—it is a social networking site that does just one thing really well.  For many real estate companies, it may be worth considering this idea as well.     

Can you really successfully compete in the Facebook arena, or would it make more sense to consider some less prominent social networking sites, or even create your own network?  For example, the music industry has largely benefited from the second of these options.  

Bottom line:  There is a lot left to learn when it comes to on-line social networking.  When a site like Pinterest scores a huge hit, it’s worth paying attention and trying to figure out what they’ve discovered.   

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Editor's Note: This article was written by Ben Hess. Ben is the Founding Partner and Managing Director of Tidemark, Inc. and a regular contributor to WorkPuzzle. Comments or questions are welcome. If you're an email subscriber, reply to this WorkPuzzle email. If you read the blog directly from the web, you can click the "comments" link below.

Understanding the Pinterest Phenomenon

Have you spent any time on Pinterest yet?  If not, you probably will soon.  Pinterest is one of the fastest growing websites on the internet this year, hosting more than 11 million unique visitors per month. 

What is Pinterest?  It is a site where members post pictures, images, and artwork on topics that are of interest to them.  The name is intended to conjure up a cork pin board where you might post a collage of pictures you find interesting and significant.

Now, imagine you can look at other people’s pin boards, copy images of the interesting things you find on your own board (re-pin), and comment on the things that others have posted.  Similar to Google, you can search for images, but instead of just getting a long array of sterile images, each image has a person and comments attached to it.

Here is the question I’d like to consider today:  Why did Pinterest suddenly (it was founded in 2008) get wildly popular?  What bit of the human existence did the founders of this site discover and successfully tap?  And, how can the same ideas be used to make your business more popular? 

For some help on this topic, we’ll turn to Dr. Christopher Long and an interview he recently did with Fast Company.  Dr. Long makes these observations: 

1. Pinterest has mastered the art of sharing.  Like Facebook, Pinterest relies on people generating content that interests other users.  So, once a critical mass of people comment and re-pin, it reinforces others to generate content.    

So what’s different?  Pinterest boards are like its users’ personal happiness collages.  They represent things that they appreciate, desire, and that express who they are...whether the things are cupcakes, shirtless David Beckham, or an inspirational quotation. 

In an ironic way, Long says, this frees many people to be more public about who they really are and who they want to be, because it’s less focused on the kind of personal content that sets off privacy and security alarms.  

Dr. Long concludes, “Pinterest is a place where we can demonstrate:  ‘If it weren’t for all those mundane things that I do that I post on Facebook, this is what I would be doing and consuming.  Here is my real self.’”  

2.  Pinterest has figured out how to integrate business (brand) interests with personal interests.  Facebook has notoriously struggled with the integration of business life and personal life.  But Pinterest makes the transition with surprising success—it is currently driving more referral traffic (someone clicks on something in Pinterest that takes them to another, usually commercial, site) than YouTube, LinkedIn, Google, and Reddit...combined. 

“Pinterest boards are essentially collections of 'Likes,' the expectation is that users curate these more carefully than they may curate their Facebook Likes.  When I pin or re-pin something related to a brand, I am saying that I care about this content enough that I want to hold onto it or that I want to show other people that it is important. 

[As people tell me about the things they love], I don’t feel like I’m being sold anything directly, even though each pin will eventually take me to the source.  I feel like a service is being provided for me to totally enjoy something that I am passionate about and find images I didn’t know existed."

So, we’ve answered my first two challenge questions...how about the last one: How can these insights be used in your business? 

I believe every local real estate office has the opportunity to connect with the citizens and businesses in their area, due to their physical location within the community they serve.  And, this need is being largely unmet. 

In our next discussion, we’ll explore this idea in more detail.  In the meantime, check out Pinterest and tell me what you think of it!       

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Editor's Note: This article was written by Ben Hess. Ben is the Founding Partner and Managing Director of Tidemark, Inc. and a regular contributor to WorkPuzzle. Comments or questions are welcome. If you're an email subscriber, reply to this WorkPuzzle email. If you read the blog directly from the web, you can click the "comments" link below.

Why Do People Leave Your Office? Lessons From Google

Take a minute to envision your dream job and the organization in which you’d most like to work.  Maybe some of you had Google float through your head during this exercise.  The extravagant nature of the Google workplace has been well-publicized over the last few years.  

In case you missed it, here is a little intro from Google’s career site: 

“We provide a standard package of fringe benefits, but on top of that are first-class dining facilities, gyms, laundry rooms, massage rooms, haircuts, car washes, dry cleaning, commuting buses – just about anything a hardworking employee might want.  Let’s face it:  programmers want to program, they don’t want to do their laundry.  So we make it easy for them to do both.” 

What’s included in that “standard package of fringe benefits,” you might ask?  I won’t republish the whole list (it is quite long), but here are a few things Google considers standard: 

• A full 12 weeks of paid maternity leave for Mom and/or seven weeks of paid paternity leave for Dad.  Stressed out when you bring the baby home?  No worries -- Google will pay for $500 worth of take-out food so you don’t have to cook. 
• Want to go back to school?  No problem.  Google will pay up to $12,000 per year for education expenses. 
• Want to adopt a child?  Great.  Google will pick up the first $5,000 worth of adoption expenses.  And yes, you still get all the maternity and paternity benefits. 

Here is a complete list is you care to read more: http://www.google.com/jobs/lifeatgoogle/benefits/ 

I think it is safe to say there is no real estate company on the planet who could match these types of benefits.  

So, here is an important question to consider:  If an individual worked in such a great environment, why would he/she leave?    

Some light research was recently conducted on this question by Matt Lynley at Business Insider, and I think the results might surprise you.  Here is some of what Lynley reported: 

“People leave Google because… 

1.  They are not part of the ‘well-respected’ group.  If you aren't an engineer, get ready to be below everyone else.  At most companies, it's the product manager who's more valuable than the engineer.  At Google, engineers get the final say in just about everything.  That leaves designers, ad operatives and just about everyone else in the dust.  

2.  They are bored and want something new.  Sometimes, it's time to move on.  Two former Google employees we spoke with said they had been at Google for an extended period of time and wanted to try something new.  A lot of them move on to new companies. 

3.  Feel disconnected and not part of a team they enjoy.  If you're at a satellite office, you might feel disconnected.  The former Google Wave Team left because they felt like they weren't getting their say.  One former Googler said that New York wasn't really a satellite office, but just about everything else was.  You have to make your presence felt in Mountain View if you want to have a say in the company. 

4.  Some are feeling the entrepreneurial itch.  Chris Dixon tweeted just a short while ago some Google diaspora:  Ev Williams, who founded Twitter; Kevin Systrom, who founded Instagram; Dennis Crowley, who founded Foursquare; and Ben Silbermann, who founded Pinterest.  One former Googler we spoke to did just that, and got a nice acquisition deal out of it. 

5.  They want to diversify their experience.  Facebook is the largest company where former Google employees end up.  Seriously — who wouldn't want Facebook, Google, and Microsoft all on their resume?  One former Googler we spoke with said this was a huge draw." 

As Dave Mashburn wrote earlier this month (Why Money isn’t the Right Incentive), money is often not the primary reason people leave their job.  Now, as Google alumni have shown us, the same rings true about benefits.  

As a real estate manager responsible for hiring and retaining agents, I’m sure this is hard to believe. Most discussions you have on both ends of the spectrum (hiring or retaining) center on splits and benefits. 

While you’ll always have to deal with the money issue, don’t make it the center of your discussions.  Instead, focus on the reality of the human condition that the Google research teaches: 

Human beings have an insatiable capacity for dissatisfaction. 

Become an expert at detecting dissatisfaction.  Everyone has some.  Once identified, spend time helping individuals relieve that dissatisfaction.   

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Editor's Note: This article was written by Ben Hess. Ben is the Founding Partner and Managing Director of Tidemark, Inc. and a regular contributor to WorkPuzzle. Comments or questions are welcome. If you're an email subscriber, reply to this WorkPuzzle email. If you read the blog directly from the web, you can click the "comments" link below.

How Do People Look For Jobs? Part 2

Earlier this week, I challenged you to spend some time learning what a person goes through when they look for a job, change companies, or investigate new career options.  By better understanding a candidate’s mindset, you’ll be more equipped to engage him or her during the recruiting dialog. 

As you spend time contemplating this topic, I thought it might be helpful to connect you with some companies that have put a lot of time and effort into growing their knowledge in this area.  To do this, we’ll take a look at a recent competition that you may have missed.   

For the last eight years, Electronic Recruiting Exchange (ERE) has sponsored their Recruiting Excellence Awards.  In essence, this organization highlights those companies that have successfully learned how to engage candidates. 

Like Super Bowl ads, some of these sites and ideas are a little over the top.  So, don’t think you have to “keep up with the Jones” regarding their methodologies.  Instead, as you look at these examples, focus on what these companies are saying about, and to, the candidates.  How are they engaging people who are considering a career change? 

And now, for the competition results (with my selection on what is most relevant for real estate companies).  The envelope please… 

1.  Best Company Career Website:   

RMS.  You may not have heard of this company, but lots of candidates know who they are.  One judge says that the RMS career website is “...hands down, one of the best sites I’ve seen.  Graphically and emotionally intelligent, not too heavy on graphic elements.  Tells the story.  Interaction.  Heads and shoulders above all of the other sites.”  

Check out their website:  http://www.rms.com/careers/ 

2.  Best Employee Brand:  

Sodexo.  This company quickly launched an enhanced employer brand aimed to be compatible with the new, consultative/solutions consumer brand.  In the 2011 fiscal year, Sodexo hired about 50 specialized and tough-to-recruit professionals within a few months. 

Doing so involved positioning the company as an expert in the energy field, which meant delving into such things as guest blog posts on websites for the energy industry, as well as having people speak at industry conferences.

Check out their website:  http://www.sodexousa.com/usen/careers/careers.asp

3.  Best Employee Referral Program

Improving Enterprises.  This is a great example of how even small companies can do great things.  Even after its recent growth (adding 50+ employees), this company has just 148 employees.

Briefly, the way its referral program works is this:  If employees refer someone, they get a point.  Points add up and are paid on a quarterly basis.  Points are considered when the software-developer distributes its profit share.  Top performers are recognized at Town Hall meetings.

It has a "Two by Tuesday" program designed, the company says, to mitigate “extremes in the ebbs and flows of recruiting.”  Every Tuesday, the company spreads the word regarding their most important openings.  People have a week to submit referrals.  There’s a race to be the one who refers the most, with daily updates provided.

The company might get 100 referrals in five days, with two or more hires made.

There’s a lot more...open houses, pizza parties, several mini-conferences on the weekends, Monday Night Football and Movie Nights...all aimed at having referred candidates show up.

Check out their website:  http://www.improvingenterprises.com/

4. Best College Recruiting Program

US Navy.  In 2011, the Navy implemented two new recruiting strategies that significantly improved the NUPOC program.  NUPOC — the Nuclear Propulsion Officer Candidate program — involves recruiting college students and graduates with science and engineering backgrounds for five-year positions to work on nuclear-powered submarines and aircraft carriers.   

With the first program, the Navy funded trips for 121 educators to experience a nuclear-powered aircraft carrier or submarine, visit a submarine learning facility, and interact with sailors.  The goal was for faculty to then tell their students, and other professors, about these opportunities.

Also, the Navy Recruiting Command partnered with a group called the University Engineering Alliance — formerly the Big 12 Engineering Consortium — allowing the Navy to provide keynote speakers for engineering summits, nuclear experts for classroom presentations, and otherwise work with faculty to present material in classrooms.

In the end, 242 students were hired through the NUPOC program last year, and the accepted applicant’s average GPA was up 5% to 3.43.

Check out their website:  http://www.navy.com/careers/nuclear-energy.html

5.  Best Military Recruiting Program

AT&T.  AT&T provides localized job notifications to the Transition Family/Support Centers of all branches of the military.  In 2011, AT&T participated in more than 50 traditional and virtual military career fairs.

This company's recruiters reach out to military transition offices, Army alumni programs, and elsewhere.  They created a program where veterans working at AT&T provide job search assistance to veterans applying for AT&T jobs.

Perhaps most importantly, it’s educating hiring managers and recruiters on the value of veterans, how to make heads or tails out of military jargon on resumes, and on the myths about veterans’ ability to integrate into corporations.

Check out their website:  http://att.jobs/military 

Hopefully, the work that these and other companies have done will inspire you to consider how you can better engage those who are considering a career change.  Who knows, maybe you’ll land your company on one of these "best of the best" lists in the years ahead...

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Editor's Note: This article was written by Ben Hess. Ben is the Founding Partner and Managing Director of Tidemark, Inc. and a regular contributor to WorkPuzzle. Comments or questions are welcome. If you're an email subscriber, reply to this WorkPuzzle email. If you read the blog directly from the web, you can click the "comments" link below.

How Do People Look For Jobs?

As real estate professionals, I’m sure that most of you have put countless hours into trying to understand the process a person goes through to buy or sell a house.   

I’m sure you’ve even documented “trigger events,” such as a job relocation, a change in marital status, financial changes, etc...all of life's events that cause a person to start moving forward in the process.    

Absent a trigger event, you undoubtedly also teach the agents you manage the importance of maintaining a relationship with a large group of people who are potential buyers and sellers, who may be at different stages along the pre-sales continuum. 

As a real estate agent, it only makes sense to become an expert in what people experience in the process of buying and selling a house.  After all, it’s much of what an agent’s livelihood depends upon. 

Fast forward in your career... Now you’re a manager who is responsible for hiring new agents and retaining those who generate revenue for your office.  Let me ask you a question: 

Are you an expert in the process a person goes through to find a job, change careers, or determine when it is right time to leave a company? 

If you think about it, the mastery of this body of knowledge is much of what your livelihood depends upon!  I would encourage you to become a student of this topic.  And, as you do so, focus on sources outside the real estate industry. 

How do you find these sources?  I’ll give you some specific ideas later this week in my next WorkPuzzle posting.  But, to whet your appetite, here are a couple things I ran across this week that helped to build my knowledge on this topic: 

Job Board Research.  Last summer, the International Association of Employment Web Sites or IAEWS, conducted a benchmark study for job boards, and the results were just published last month. 

Part of this study focused on candidate behavior and found that 75% of the people who visit/use job boards and career sites are “window shoppers.”  These “window shoppers” are individuals who do not register on the job board’s site, rather, they come and go without applying to any jobs. 

What does this mean?  Well, the first lesson to be learned is that there are a lot of people who start a job search long before they are willing to make commitments and put noticeable action towards the process (ie. they are not desperate, but are starting to consider a change).  Supplemental research shows that that this talent pool tends to contain the highest quality candidates! 

The second lesson here is that huge opportunity exists for hiring managers who learn to how to coax people in this group to engage in their employment process.  The study cited that the average job board gets between three and five responses/applications from each job posting.  This metric can and should be used to measure your effectiveness at engaging candidates from this important group. 

Understanding Entrepreneurs.  You probably know intuitively that those individuals who make the best real estate agents have an entrepreneurial bent.  But, do you know how entrepreneurs (especially younger ones) think?  It seems it would be a good idea to spend some time learning about this topic if you hope to attract these types of individuals to your team. 

Well, you’re in luck!  Reid Hoffman, the co-founder of LinkedIn, just co-authored a book on this topic.  Here is part of a summary that was recently published in 800-CEO-READ: 

“Reid Hoffman and Ben Casnocha’s The Start-Up of You: Adapt to the Future, Invest in Yourself, and Transform Your Career makes the point that that all humans are entrepreneurs.  At some level, each of us has the will to create and survive. 

When you start a company, you make decisions in an information-poor, time-compressed, resource-constrained environment.  There are no guarantees or safety nets, so you take on a certain amount of risk.  

In today’s work environment, the same challenges tend to characterize a traditional job -– you never know what’s going to happen next.  Information is limited.  Resources are tight.  Competition is fierce.  The world is changing.  

This means you need to be adapting all the time.  And if you fail to adapt, no one – not your employer, not the government – is going to catch you when you fall.”  

If this is what people are experiencing in the workplace, are you able help your candidates identify and articulate these fears and concerns?  If so, you’ll be much better equipped to communicate how a real estate employment opportunity may be the best option for some people.   

Later this week, we’ll take a look at a few specific companies that have figured out how to engage candidates successfully.  I think you’ll be surprised by what you'll learn.  

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Editor's Note: This article was written by Ben Hess. Ben is the Founding Partner and Managing Director of Tidemark, Inc. and a regular contributor to WorkPuzzle. Comments or questions are welcome. If you're an email subscriber, reply to this WorkPuzzle email. If you read the blog directly from the web, you can click the "comments" link below.

Improving Your Presentations

I know that many of you present material to groups as part of your job.  In working with organizations over the last few years, I’ve had the opportunity to attend some of those presentations. 

While some of you are master presenters, some of you struggle to provide presentations that are interesting and meaningful for your audience.  If you’ve ever had to sit through one of these presentations, you know how painful it can be. 

The large majority of real estate leaders lie somewhere in the middle, between these two extremes.  Their presentations are well done, but could use some improvement.  I’m not sure how self-aware I am, but I would guess I fall into this group. 

This is why a recent blog written by Michael Hyatt resonated with me.  Hyatt offers five simple and practical ideas to quickly tune-up your presentations:  

"1. Don’t give your presentation software center stage.  This is the biggest mistake I see speakers make.  They forget that PowerPoint or Keynote are tools designed to augment their presentation, not be their presentation.

Never forget:  You are the presenter.  Your message should be the focus.  Not your slides.  Not your props.  And not your handouts.  You are in the lead role, and you need to retain that role.

No amount of 'razzle dazzle' or slide effects can overcome a weak presentation.  If you don’t do your job, slides won’t save you.  It only makes a bad presentation worse.

2. Create a logical flow to your presentation.  Better yet, tell a story.  The absolute last thing you want to do is turn your presentation into a random assortment of bulleted lists, which is what often happens, especially when PowerPoint is involved.  There must be a flow.

Start with a good outlining or mind mapping program.  Decide if your talk is going to be a persuasive speech or an enabling one. (It should be one or the other.)

3. Make your presentation readable.  Memorize this sentence:  'If people can’t read my slides from the back of the room, my type is too small.'  Now repeat it over and over again while you create your slides.  If people are squinting during your presentation, trying to make out what’s on the slide, you’ve lost your audience.

In my experience, you must use at least 30-point type.  Obviously, it depends on the size of the room, the size of the screen, etc.  This is precisely why you can’t afford to leave this to chance.  You must test your slides and make certain they are readable.

Here are some other things to remember regarding text:

• Avoid paragraphs or long blocks of text.  If you really, really must use a paragraph, then whittle it down to the bare essentials.  Use an excerpt—a couple of sentences.  Emphasize the important words.  Put the text block by itself on a single slide.
• Use appropriate fonts.  I recommend a sans serif font for titles (e.g., Arial, Verdana, Helvetica, or—my personal favorite—Myriad Pro, etc.) and a serif font for bullets or body text (e.g., Times New Roman, Garamond, Goudy, Palatino, etc.).  Most books are typeset this way because it make them more readable.  The serifs help you recognize the characters (and thus the words) faster.  It makes the text more readable.  It’s also customary to use san serif fonts for chart labels.
• Avoid detailed reports.  If you need to include a report in your presentation, hand it out.  Don’t force people to try to read a ledger printout on a slide.  (Financial people take note!)  If you must show a report, use it as a picture and then use a “call out” to emphasize the part of the report you want people to focus on.  Better yet, just fill up a whole slide with the one number you want people to take away from the presentation.
• Avoid 'title capitalization' unless (duh!) it’s a title.  Sentence capitalization is much easier to read.  For example, 'Sales are up 100% in the southeast region' is easier than 'Sales Are Up 100% In The Southeast Region.'  This is especially true when you have numerous bullet points. 

4. Remember, less is more.  Fancy slide transitions and fly-ins get old quickly.  I strongly recommend that you keep things simple.  A basic dissolve from one slide to another is usually sufficient.

Also, have all your bullets appear at once rather than one at a time.  Avoid sound effects—they serve no other purpose than to annoy the audience and distract them from your presentation.

Finally, cut down the number of slides.  You don’t need a transcript of your speech with every point and sub-point.  Yawn!  People are only going to remember the major points anyway.

5. Distribute a handout.  I have changed my mind on this over the years.  I do not think that you should distribute a handout before you begin speaking.

If you do so, people will start reading ahead instead of listening to you.  It’s just one more distraction to keep them from focusing on your message.  It also eliminates any surprises or drama you have built into your presentation.  Instead, I tell people that, 'I will distribute a handout of the slides when I am finished with my presentation.' "  

So, here’s your homework:  Spend some time in the next couple of weeks tuning up your presentations.  Create a simple “rule sheet” with the items listed above and see how you compare, and then make improvements.  Once you’ve gone through your presentations, do the same for your agents and those whom you manage -- Many of these individuals make presentations in their roles as well.

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Editor's Note: This article was written by Ben Hess. Ben is the Founding Partner and Managing Director of Tidemark, Inc. and a regular contributor to WorkPuzzle. Comments or questions are welcome. If you're an email subscriber, reply to this WorkPuzzle email. If you read the blog directly from the web, you can click the "comments" link below.