Sunday, December 29, 2019
4 Signs a Partial Retirement Is Right for You
4 Signs a Partial Retirement Is Right for You4 Signs a Partial Retirement Is Right for You Countless workers look forward to retirement and the chance to live by their own schedules. But going from full-time work to absolutely no structure at all can be quite the shock to your finances. And mentally, it can take a toll, too. Thats why you may want to consider transitioning into partial retirement for a number of years before making it a full-time thing. Here are just a few indications that a partial retirement might work best for you.Since the typical retiree cant live off Social Security alone, the only way to remain financially secure in retirement is to go in with adequate savings. Unfortunately, most Americans arent close to reaching that status. The average household aged 56 to 61 has a median savings balance of just $17,000, according to the Economic Policy Institute. And even over a shorter retirement, thats not nearly enough to pay the bills, even when combi ned with the $16,320 a year the average Social Security beneficiary currently receives.If your savings arent in particularly great shape, a partial retirement could be the ideal solution. This way, youll continue earning some income to either pay the bills or add to your nest egg, but you wont be maintaining the same rigorous full-time work schedule you were formerly committed to. Partial retirement might also allow you to delay your Social Security benefits past full retirement age , thus boosting them by eight percent for each year you do so (up until age 70).The fact that seniors are living longer is no doubt a good thing, but it also means that retirees nest eggs are being stretched increasingly thin. If your health is notably good for your age, and you have a family history of living to an older age than most, then it pays to consider a partial retirement initially. This way, youll avoid tapping your savings to the same degree (if at all) during the first part of retirement, th us enabling your limited funds to last as long as you need them to.Even if your personal family history isnt particularly geared toward longevity, you should know that according to the Social Security Administration, one out of every four 65-year-olds today will live past the age of 90, while one in 10 will live past 95. In other words, your savings might need to last longer than expected, so if youre otherwise ready to retire, doing so on a partial basis at first will benefit you down the line.Many people hate their jobs and aim to leave them as soon as possible. But if you enjoy what you do and it brings you satisfaction, it pays to continue working in some capacity rather than stop abruptly. Its often the case that as we age, our ability to work long hours and endure lengthy commutes declines (either that, or our patience for those things wanes). If youre getting older and your job-related demands are too much to handle, but you otherwise like your work, then reducing your hour s could be the perfect solution.Some people need constant stimulation, while others may be content relaxing and enjoying extended periods of downtime. If you fall into the former camp, then a partial retirement might help you avoid the one ailment that seniors are disproportionately prone to depression.Its said that retirement increases the likelihood of suffering from clinical depression by 40 percent, so going from a structured work schedule to potentially having nothing to do and nowhere to be is a scary prospect. Of course, you can reduce your chances of falling victim to depression by mapping out a plan for how youll spend your days before you retire, but an even better bet is to ease into retirement slowly, and give yourself time to get used to the notion of not reporting to work for eight hours or more per day.Though many older workers prefer to dive into full-fledged retirement, theres no reason why you cant consider a middle ground. Partial retirement offers those for who m its an option the best of both worlds a chance to get some relief from the daily grind without having to completely give up that paycheck or structure.This article was originally published on The Motley Fool . It is reprinted with permission.
Tuesday, December 24, 2019
Career advice lessons from departing PepsiCo CEO Indra Nooyi
Career advice lessons from departing PepsiCo CEO Indra NooyiCareer advice lessons from departing PepsiCo CEO Indra NooyiAfter 12 years at the helm of PepsiCo,Indra Nooyi, one of the most famous women of color to ever lead a Fortune 500 company, announced that she is stepping down as CEO. Twelve years is a long time, and Id like to do something different with my life, she told the Wall Street Journal about herbei decision to leave. This welchesnt a discussion out of emotion or anything of that sort.During her tenure, she not only took the maker of Mountain Dew, Gatorade and Doritos into international markets and healthier territory, she also became known for mentoring others who aspired to follow in her path. Here are some of the best pieces of advice shes given on careers that we can apply to our livesOn the realities of work-life balanceWhile some people advise us to have it all in our quest for self-improvement, Nooyi was more realistic, giving pragmatic advice on the compromises w omen make as they balance work, children and marriages I dont think women can have it all, she said at the 2014 Aspen Ideas Festival. We pretend we have it all.As an example of her coping mechanisms she created to deal with these compromises, Nooyi said she enlisted her receptionist to help her parent her daughters when they called her at PepsiCo. When her daughter Tyra called, the secretary would follow Nooyis instructions to get Nintendo access.Nooyi recalled how the conversation would go Have you finished your homework? Etc. I say this because thats what it takes. She goes through the questions and she says, Okay, you can play Nintendo half an hour. Then she leaves me a message. Tyra called at 5. This is the sequence of questions I went through. Ive given her permission. So its seamless parenting. But if you dont do that, Im serious, if you dont develop mechanisms with your secretaries, with the extended office, with everybody around you, it cannot work.You know, stay at home mo thering was a full-time job. Being a CEO for a company is three full-time jobs rolled into one. How can you do justice to all? You cant. The person who hurts the most through this whole thing is your spouse. Theres no question about it. You know, Raj always said, you know what, your list is PepsiCo, PepsiCo, PepsiCo, our two kids, your mom, and then at the bottom of the list is me. There are two ways to look at it. (laughing) You should be happy youre on the list. So dont complain. (laughing) He is on the list.On what she learned from Steve JobsWhen Nooyi got the PepsiCo CEO job in 2006, she reached out to Apple co-founder Steve Jobs for advice. In the two hours they talked, he advised her to take hands-on ownership of ideas if she wanted them to actually happen.When she told Jobs that PepsiCos design was a top priority for her, Jobs recommended her to get personally involved if she wanted that to be her legacyIf design is important to you, it has to report to you because its a new skill that you have to build in the company, Nooyi said Jobs told her.If you dont show CEO support for that function, dont even get started on that journey, she recalled him saying.On why learning never stopsTo be a leader, you have to be willing to keep up with the trends and think differently than your peers. That means going beyond the standard advice of consultants.Nooyi told a group of Stanford Business students that bosses who rely upon the traditional strategic planning cycle or consulting reports are doing their companies a big disservice.Our CEOs and leaders have to be lifelong students - not just students in the sense of attending courses or reading a book or two. Youve got to learn how to read widely, walk the market, look at trends in the marketplace, make connections that dont seem obvious, she said. Very often I think what happens is that we separate out the consumer out there from the consumer in us. We are the consumer.On how to combat the loneliness of leadershipFo r women who reach the highest pinnacles of power, the view from the top can be isolating. There are currently only 25 female CEOs in the SP 500 stock index, and two of them will be out by the end of this year. When you become a C.E.O. and youre a woman, you are looked at differently. You are held to a different standard, theres no question about it. Its not that youve become C.E.O., and now you get a hall pass. You dont. Nooyi said during a Freakonomics podcast interview. I think this group of women CEOs, all of us, are going through that right now. Hopefully, as the numbers get bigger - and I hope they do - nobodys looking at us as women CEOs but just as leaders of big enterprises. I hope that day comes sooner than later.Her advice to make it less lonely? Create your own personal board of directors to consult with in confidence about the decisions you make.In that same interview, Nooyi said that when she became a CEO, she started meeting up with other CEOs likeIBMsGinni Rometty and General ElectricsKen Chenaultfor advice.Youve got to create your own ecosystem, and your own kitchen cabinet, so you can sort of alleviate some of the loneliness without giving away any confidential information. I remember that we had a group of five CEOs that we would meet every quarter, Nooyi said. And the five of us would get together every quarter - we tried to get together every quarter - to talk about issues that were on our mind. And it was a good safe group for us to sort of bounce ideas off of each other. Wed talk about everything, ranging from big broad portfolio bets, to, how do you articulate an investor story? to how do you think about people development?
Thursday, December 19, 2019
10 High Paying Cities for Baristas
10 High Paying Cities for Baristas10 High Paying Cities for Baristas Today is National Coffee Day and in addition to ordering up a pumpkin spice latte, you can now celebrate because your baristas wages are on the rise.Over the past few months, baristas have had the second-fastest growing paychecks of all the job titles studied in our Glassdoor Local Pay Reports . Thats right, the folks who make your half-caff, grande, no whip mocha are in high demand and they are experiencing a rapid increase in base pay.According to the August 2017 Local Pay Reports, baristas across the country have a zentralwert base pay of $24,194 and 5.7% year-over-year. Why exactly is this? It is likely that recent minimum wage hikes in cities and states across the country have contributed to the growth our reports show for these jobs, explains Glassdoor Chief Economist Dr. Andrew Chamberlain.Looking for a second job or want to jump on the barista bandwagon? Weve got you covered.Here are 10 c ities that are boasting caffeinated compensation for baristas.One Interview Question Asked How do you handle pressure and direction? - StarbucksOne Interview Question Asked Describe a difficult or frustrating experience and how did you learn from it. - Peets Coffee & TeaOne Interview Question Asked What are your strengths and weaknesses in customer service? - Argo TeaOne Interview Question Asked What does it mean to you to be genuine? - StarbucksOne Interview Question Asked You do know that as a Barista its very labor intensive as well as demanding. Do you feel that you could meet these demands (multi-tasking, a lot of side work, cleaning, handling difficult customers)? - HMSHostOne Interview Question Asked Where do you landsee yourself in 5 years? - LavazzaOne Interview Question Asked Tell me about a time you had fantastic customer service and what made it great. - StarbucksOne Interview Question Asked Please tell me about a situation where you had a problem wi th another employee, what happened, who was the other person, what procedures were taken, and what was the outcome? - Peets Coffee & TeaOne Interview Question Asked If you were a kitchen appliance what would you be? - Tullys CoffeeOne Interview Question Asked If you found $20 on the ground that you watched someone drop would you pick it up? - StarbucksEditors Note For the 10 High Paying Cities for Baristas article, median base pay and year over year growth was based on the August 2017 Local Pay Reports. The number of open jobs per city is as of September 27, 2017.
Saturday, December 14, 2019
2 traits that help most successful people usually spell disaster for the rest
2 traits that help most successful people usually spell disaster for the rest2 traits that help most successful people usually spell disaster for the restSince I heard Daniel Kahneman speak at the World geschftsleben Forum this year, I havent stopped thinking about one particular point he raised.Kahneman is a Nobel Prize-winning psychologist and the author of the 2011 bestseller Thinking, Fast and Slow, in which he outlined a series of cognitive biases that affect our everyday decisions.At WBF, Kahneman spoke about a paradox of success You probably cant be wildly successful unless youre optimistic and overconfident about your chances. But generally speaking, optimism (the belief that youre less likely than others to experience bad events and mora likely to experience positive events) and overconfidence (an inflated sense of accuracy or ability in a specific area) are career saboteurs.Its the difference between, say, the Elon Musks and Jeff Bezoses of the world and the rest of us.To b e optimistic on average - its leid favorable, Kahneman said. But extreme success is impossible without optimism.Kahneman pointed to a 2007 paper published in the Journal of Behavioral Decision Making.Researchers looked at a group of inventors in Canada and found that above-average optimists who were advised not to pursue their project ended up spending 166% more money than below-average optimists did when they received the same advice. (The researchers found that overconfidence didnt have an effect on the inventors spending behavior, but that may have been because they didnt specifically measure the inventors confidence in their abilities.)Based on their findings, the researchers surmise that a high level of optimism may act to keep inventors going in the face of adversity - which is either a laudable or completely impractical behavior depending on your perspective.As Kahneman described it, the average inventor would have been better off financially heeding the negative advice and taking a more traditional job but the most successful inventors would not have.In some circumstances, overconfidence can be beneficialA more recent study provides some preliminary evidence that, at least among entrepreneurs, optimism can backfire.The study, which was published in the journal European Economic Review, found that above-average optimists who are self-employed earn 30% less than below-average optimists who are self-employed. Interestingly, however, the study also found that optimists who work for companies earn more than their more pessimistic peers.Still, there are some circumstances in which overconfidence in particular can work to your benefit. An article in the Harvard Business Review describes a study that found, at firms led by overconfident CEOs, there tends to be lower employee turnover and employees allocate a greater share of the assets in their retirement benefit plans to company stock.The authors write in The Harvard Business Review, At least in the corpora te world, there may be a bright side to overconfidence it can increase the commitment of other people to your venture.As for Kahneman, he called optimism the engine of capitalism. He said, When you have lots of people trying things against the odds, its not very good for most of them. Most of them will fail. But its very good for society at large to have a lot of people competing and a few of them succeed.This article first appeared on Business Insider.
Monday, December 9, 2019
Unusual Article Uncovers the Deceptive Practices of Resume Buider
Unusual Article Uncovers the Deceptive Practices of Resume Buider A resume builder will allow you to rectify any errors and supply you with a working vision of the resume as you edit. There are a few general guidelines for selecting a resume writing service. Resumes supply the all important first impressions to an employer an applicant cannot give during the first phase of the application approach. Once youve reviewed resumes in yur field, peruse resumes across fields to know how to vary using action verbs and receive a feel for what makes an effective accomplishment statement. The good thing is an angeschlossen resume maker gets you a professionally formatted resume in almost no time, which means that you may take the very first step toward a better paycheck faster. Depending on the kind of application process youre addressing, it could be appropriate to include samples of your work inside your CV. When youre asking for a job which relies on the strengths of the person, you w ill need a resume template which you can inject a little more personality into to make it pop. Your application should stick out as a way to find attention. Employing a resume template is now an acceptable and smart practice for several reasons. Fortunately, there are many publishers around whove created incredible resume templates for fast editing and formatting in Word. There are lots of free resume templates readily available on the web but sometimes it can be very tough to decide on the best one that is most suited to you. The good thing is that there are many resume templates readily available online you dont need to be resigned to using the Microsoft Word templates which everyone else has. The mixture of our templates and your input is likely to make your resume fly to the peak of any pile. Many categories and kinds of templates to pick from Using the top resume template word you may find an assortment of templates for several purposes, where the data and the fields are structured so as to suit that particular application requirement. The majority of the templates are supplied by named, resume writing specialists and thus the quality is quite excellent. Our creative templates enable you to stick out from the crowd. Ok, I Think I Understand Resume Buider, Now Tell Me About Resume Buider Career Perfect is a superb supply of resume advice and seems to have a superb reputation online too. Its high-quality PSD file is completely customizable. Resumes do not need to be boring. They do not have to take so much of your time but still should not be neglected. The Characteristics of Resume Buider If youre having trouble getting attention, be certain to take a look at our tips to receive your resume noticed. Chronological resumes are perfect in case you have experience in the area and a number of years of uninterrupted employment or whether youre a recent college grad. Each resume format was made to boost your odds to find the job in 2018. Its conte nt-packed layout is ideal for engaging employers with numerous facts, from experience to education. However much or what type of work experience youve got, theres a resume format that is likely to make your qualifications shine. Our resume builder is the quickest approach to create a resume that can help you get your fantasy job. LiveCareer is another resume builder which includes pre-written abilities and work experience inserts for a number of employment types. After you have prepared and submitted your resume to an employer the hope is you will be requested to attend work interview to go over further whether youll be suitable. There isnt any time for procrastination once it comes to getting your perfect job. Its cool that youre trying to find a job to have some money, but you need some issues with resume. When youre working at your present job you arent stressed, seems like everything goes smooth and with no troubles.
Thursday, December 5, 2019
Rumors, Deception and Summary Resumes Examples
Rumors, Deception and Summary Resumes Examples The Fight Against Summary Resumes Examples If you follow the advice above you will have an interesting, compelling resume summary that is likely to make the reader want to find out more about you even regardless of your lack of work experience Most individuals will at least try to have some appropriate expertise in the work field theyre attempting to enter. When writing a resume, it helps to review resume examples that are associated with your occupation. You will also find a good example of a resume written especially for an early childhood education job. Employers understand that youre young and looking to enhance your experience, so give them as much as you can that shows you are going to be an important employee. Resume is a sort of document employed by individuals that are seeking for employment. Since you likely dont have a good deal of Work Experience, you can include your Achievements as a distinct section. Based on yo ur degree of experience and the jobs youre applying for, what you decide to concentrate on in your resume summary might vary. While its not obligatory to have a resume summary, it is imperative to include one if you truly need the job. Although your resume ought to be kept short and easy, you should however use words and phrases which suggest the degree of job which you are applying to and which represents your qualifications and experiences. On the flip side, functional resumes are ordinarily used by fresh graduates or individuals who have less experience but want to grab the work vacancy. The Honest to Goodness Truth on Summary Resumes Examples Consider whether it should in bullet or paragraph form yet surely a summary does not have to be in full sentences, the main thing is it includes a comprehensive thought and an understandable clause. Just ensure that the very first paragraph is catchy, as nobody will keep on reading in the event you dont intrigue the target audience pr operly. In general, the second summary tells us 90% of that which we want to know more about the applicant in only a few clear sentences. Whilst you write your summary for your resume, attempt to consider what you want them to discuss with you, and what exactly you desire an opportunity to discuss. Life, Death, and Summary Resumes Examples Youre going to compose a resume summary which gets far more interviews. You will not just learn what to include to your summary but might also observe the elements that youll need to avoid, like typos, jargon and so forth. You may want to look at a qualifications summary which we outlined in last weeks postbut if only you need to have a summaryhere are a couple examples to help you begin. Your LinkedIn summary is among the most essential components of your profile. How to Find Summary Resumes Examples on the Web Resume objectives are occasionally thought to be the old schooltype of resume. With a summary statement, you can nonetheless emp hasize your abilities and accomplishments, but could also highlight your own personal brand. Its also wise to dont forget that your summary is your small business card, which means you should take your time and proofread it multiple times before publishing. The absolute most helpful summaries target one career objective.
Saturday, November 30, 2019
Top Advice on Hostess Resume
Top Advice on messehostess Resume The Benefits of Hostess Resume When choosing resume layouts choose the one which complements the project encounter rather than the project info. Resume examples and templates are incredibly helpful, especially when youre writing one of your initial resumes. Directly copying a CV template isnt always the best option because it isnt always tailored to the requirements of the applicant. The whole total CV template and ideas about the particular CV design and CV design ought to be only a final element. There are a lot of ways resume examples can develop into a helpful job interview tool. The recruiters might have andrang into comparable resume designs inside their experience, so its quite important to modify the resume template to make certain that it appears not the exact same as the normal one. Composing resume with the assistance of job application templates readily on the world wide web is one of the most most efficient procedure of publishin g resumes that ensure that youre utilizing the most suitable format and correct information thats acceptable for the job youre applying for. An excellent instance of one can be found below. Top Choices of Hostess Resume Try out some of our Entrepreneur resume examples and get the pdf. You can also locate different references for the Resume Writing your need here. Resumes must be in a format accepted by the expert community. Teacher Resume must be well drafted document. Also, another company named Aerotek provides an extremely good place to hunt for world wide web jobs. Resume creators permit jobseekers to make and download their finished resumes directly from the net to get started applying straight away. Recruiters often have many applications to examine and might spend under a minute reading your resume. 1 Dozens of individuals are applying for the job that you desire. While picking out a career for a restaurant hostess, it is essential you need to be patient and dedi cated towards your work. A hostess whos applying for a new job should compose her resume in a manner which gets noticed. Locate the very best Hostess resumesamples to help you better your own resume. Also, its wise to create your resume objective to be targeted like in the very first example, especially in the event the hostess position you attempt to obtain was advertised. Restaurant folks are a few of the coolest people you are ever going to meet. Regardless of the circumstance, hosts and hostesses always have to be calm and friendly. To compose an effective resume for Restaurant Hostess, you must know about all career details pertinent to restaurant services. A great restaurant hostess resume improves your odds of being invited for an interview. You can also have details about any skilled memberships that you possess in it. You might have additional hospitality skills that have been not incorporated in that list. Working in the hospitality industry demands a candidate t o possess certain abilities and qualities. It is essential for the candidate free of experience to include details about any extracurricular pursuits. In case you have any part-time work, that will go a ways towards a good experience section. An acting resume design may be your key to getting the role of a lifetime. Attempting to score the ideal position for a line cook is likely to require the perfect resume. Each work type needs different type of resumes. The Definitive Strategy to Hostess Resume The hostess role is appropriate for folks who are quite comfortable with the hustle and bustle connected with the food service market. If you become discouraged, it is only going to hurt your odds of being hired. When you add in something which reveals or, more to the point that youre very likely to provide an advantage over the remaining candidates concerned to state. A significant part of hosting duties involves performing more than 1 task at one time. Hostess Resume for Du mmies Even then, if theres a good deal of valuable information that simple cannot fit on a single page, another page is fine. Wherever your location, its crucial that you take the correct steps when searching for a job. Before you apply to jobs, you wish to make sure your resume sets you aside from the competition. Even in the event youve never held an official job, its still true that you have life experience thats applicable to the work search.
Monday, November 25, 2019
International Womens Day 6 females making moves in the Southwest
International Womens Day 6 females making moves in the SouthwestInternational Womens Day 6 females making moves in the SouthwestIn March we wear green, make brackets and count down the days until spring can officially begin. And most importantly, on International Womens Day, we celebrate the history and the feats of women who continue to radically challenge gender biases and disparities, unapologetically and with passion.Follow Ladders on FlipboardFollow Ladders magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and moraOne fascinating sector is female entrepreneurism, which continues to grow across all industries, ethnicities and age groups. Its estimated 849 new geschftliches miteinanderes are started by women every single day in the United States. And over the past two decades, female-owned firms have grown by an impressive 114%. Even with this hopeful numbers, women only take home a small portion of the seed money available, regardless of the fact theyre more likely to turn a revenue than their male counterpartes.To celebrate International Womens Day and the brave and smart ladies who went out on a whim to be their own girlboss - were excited to announce and present the female entrepreneurs to watch in every state (and Washington D.C.) from New York to West Virginia to Ohio to Texas to California. These powerhouses are fashion designers, master chefs, marketing leaders, philanthropic badasses - and so much more.Weve divided ur list of the 52 female leaders making moves in the United States into five geographical regions. This article will feature women from the Southwest.Get inspired - and make sure you follow-up with these women. Theyre just getting startedArizonaMegan Finnerty from The Storytellers Project and Storytellers Brand StudioFounded in 2011 in Phoenix, ArizonaWhy the company is cool In an age wzu siche speaking your truth and being vulnerable with your experiences is encouraged and welcomed, Finnerty has found a sweet spot. Her company hosts evenings of first-person storytelling in 22 cities within the USA Today Network of Newsrooms. In addition, they also provide storytelling coaching and consulting services to geschftslebenes, branded contented and custom events. Though it is part of an intrapreneurial effort within mega house Gannett, Finnerty is at the helm.Wzu siche the idea came from Finnerty participated as a reporter for The Arizona Republic with other storytellings for the Arizona Centennial Celebration. Inspired, she started creating her own storytelling shows as part of the newsroom in 2014, and in 2015, the project was brought to the USA Network. When businesses started approaching Finnerty for branded content, an agency concept was fostered.How its growing Theyve averaged a 77 net-promoter score for all of their shows in 2018, with 19,000 attendees to 108 nights of storytelling in 2018. They also have an impressive 89% total profitability margin.How she became successfu l Support- and taking chances We had a lot of support from the editor-in-chief of The Arizona Republic, now the editor-in-chief of USA TODAY, Nicole Carroll, as well as from other senior leadership within the company. They gave us advice, time to fail, and room to grow That and a say yes attitude made a big impact on the business early on, she shared.Whats next Theyre continuing to grow the project to new cities and larger venues - and potentially moving into reality and network television.ColoradoShauna Blanch from Color Up TherapeuticsFounded in 2017 in Denver, ColoradoWhy the company is cool As more states- and countries- legalize marijuana and CBD, entrepreneurs are taking musiknote of how to make their infused products a household brand. One entrepreneur who is well on her way is Blanch, who created an advanced, comprehensive skin care line, featuring CBD. Plant-based and cruelty-free, Color Up Therapeutics offers skin and body care formulas, as well as sublinguals and interna ls, and products for animals. Taking it a step further, she also developed a full-facial protocol for both professionals and for those who want to give themselves TLC at home. Hoping to educate her local community, she also hosts workshops and informational events at the Color Up Therapeutics CBD Wellness Education Center.Where the idea came from It was a tragedy that prompted Blanch to research more about CBD, along with her other two co-founders. We started making CBD products when our dog Kali was diagnosed with cancer. The experience with extending Kalis life, combined with success stories from those who were trying our products for animals, led us to growing the brand into internal and body care products in 2017 and skin care in 2018, she shared.How its growing In just two years, theyve developed an extensive product line - and opened a 12,000-square foot wellness center. Given her background as a massage therapist and yoga teacher, the large space fosters a healthy lifestyle balance with an art gallery, demo kitchen, retail store, massage room, event spaces, and of course, their manufacturing facilities and research labs. Theyve also received awards from DAYSPA Magazine and Spa Wellness MexiCaribe.How she became successful Its in her blood. Before co-creating CUT, Blanch spent a decade in the pharmaceutical industry, where she focused on dermatology and internal medicine, which served as her training to become a business owner. Really though, her whole life has been in this space, as an ethical herbivore and conscious consumer, she comes from a family of entrepreneurs.Whats next This year, theyre launching an SPF, focusing on new packaging and bottles, and an overall rebranding. Oh, and if youre interested - yes, theyre hiring.New Mexico Shyla Shepperd from Bow and Arrow Brewing Co.Founded in 2016 in Albuquerque, New MexicoWhy the company is cool It not only crafts incredible brews - but it welcomes anyone, everyone and all of the above. Its the onl y Native American brewery in the country, owned by a lesbian woman who is a member of three tribes. Alongside her business and romantic partner, Sheppard not only offers a landslide of variety in terms of flavor, but also support. Wanting to create a place that gave everyone a safe harbor, the brewery is active in the community, supporting local non-profits. She has also opened her doors to celebrations and rallies, hosting Pride parties, panel discussions and beyond, shes not only winning in this typically male-dominated industry- but shes helping others, too.Where the idea came from Though she went and graduated from Stanford University, one of her greatest interests and passions was found on the tap. Ive had a love of and fascination with craft beer since college and always wanted to start my own business, so it just made sense, she shared. So after research and of course, tenacity, they served - and traktament - their first pint of beer in February 2016.How its growing If you visit Sheppard in New Mexico, wish her a happy third anniversary And congratulate them, since their year-to-date revenue is up by 40%, year over year.How she became successful She gets uncomfortable. I regularly push myself to step out of my comfort zone which is challenging and sometimes exhausting, but its essential to entrepreneurship. My grandfather who raised buffalo taught me to be like the buffalo in life. He made clear that buffalo do not turn their back on the fiercest storms and blizzards - they face it. He told me Id experience challenges in my life and to strive to be like the buffalo and his words have always stayed with me. That advice was instrumental in helping me to transition from a 9-person senior class in North Dakota to Stanford, then into the world of venture capital for nearly a decade and finally into craft beer entrepreneurship, she shared.Whats next Feeling as if her company has hit her stride, Sheppard says theyll continue to get creative. Theyve recently released special bottle-conditioned beers in limited numbers, and this year, theyre exploring canning and potentially opening their first off-site taproom.OklahomaRachel Cope from 84 HospitalityFounded in 2016 in Oklahoma City, OklahomaWhy the company is cool For foodies, theres always another level to aspire to. If you have a refined palette and love to interact with others who share it, its time to read up on 84 Hospitality. Spearheaded by Cope, this company is a group of passionate young people who are hell-bent on furthering social dining and the late-night food scene in OKC. Made up of six concepts, including a ramen house, a pizza joint and more, they hope to make OKC known as a destination for culinary goodness.Where the idea came from Cope realized her hometown was missing a very important thing a pizza-by-the-slice joint. So, she opened one. As it became uber-popular and she was making a profit, she decided she had the opportunity to make more interesting spots that would attract crowds and fulfill taste buds. Thanks to her experience in front-of-house and managerial positions during and after college, she was equipped to tackle the process of creating her own restaurants and empire.How its growing In 2018, Empire was named 48 on the Independent Pizzerias in the country by Pizza Today. They also served 1,800,000 people in a year. And 62 die-hard fans got tattoos.How she became successful Local connection. By making an effort to connect to the city on a granular, local level, shes created not only a group of restaurants, but 84 Hospitality has become part of the community. Shes helping tourism in her hometown - and thats something shes supremely proud of.Whats next A seventh concept is opening ASAP.TexasKathy Terry from inLieuFounded in 2017 in Austin, TexasWhy the company is cool Theres been a noticeable trend in the wedding industry where couples make donations to charity in their guests honor, instead of favors. Facebook also has made birthday cel ebrations an opportunity to give back. With all of this buzz, Terry saw an open market- and jumped on it. Her brainchild, inLieu is the only social giving app that has combined a social network with an interesting and easy way to securely donate to any non-profit. You can think of it as Venmo, but instead of tagging your friend or paying them back, you send them a note and donation in their honor.Where the idea came from Terry wanted to change the narrative of how we show up for our friends and support them. Her philosophy and thought process was that no one really needs another bottle of vino, candle or gift certificate, considering there are more than $45 billion dollars sitting in unused gift cards. Instead, she thought making a difference in a cause important to your pal is a much more thoughtful - and useful - gesture.How its growing In the first nine months, inLieu donated $157K to 825 charities. They host 1.6 million different charities on their app, and 85% of all donation s made in the app are gifts to honor someone else, fulfilling her mission. In fact, user reviews even comment on how the app alone makes them more thoughtful.How she became successful Passion. I believe success has different meanings for different people. For me, I think success is something you are always striving to achieve, but never really fully attain. Success for me is not how much you have, but how you feel. I never want to stop learning, seeking, exploring and bettering myself. With anything we choose to do, there are challenges and bumps in the road and if you dont have passion then getting through those challenges are very difficult. Passion is the secret sauce, she shared.Whats next Their goal this year? To make InLieu a verb that everyone uses InLieu me.Utah Cydni Tetro from ForgeDXFounded in 2017 in Salt Lake City, UtahWhy the company is cool If youre looking for a SaaS company thats transforming customer experience and using data to inform technology - you have to kno w about ForgeDX. Heres what they do, under the leadership of Tetro By using IdeaCloud, they work with their clients to create simulations that illustrate the power and the use cases for technologies. This drives digital transformation and implementation across several industries- from travel and healthcare to manufacturing and science. With each report, they show three pillars of success - customer, user, and business - are able to scale to any online or offline format for easy sharing.Where the idea came from Their first client was a Fortune 10 company, where they were able to help accelerate the pipeline and technology innovation adoption. This gave Tetro an idea to create a platform that could do just this, on repeat for large Fortune 100 companies. Throughout last year, they developed and implemented the SaaS platform- and have been taking off ever since.How its growing Theyve helped many of those Fortune 100 companies take advantage of million-dollar deals. Theyve also driven customer development, operated as a lean start-up, and have met every goal. In their first year of operation, theyre hired, taken on investors, invested in sales and marketing - and yet? They broke even.How she became successful Creativity and business savvy. Before she created ForgeDX, she already developed her entrepreneur chops, leading the venture-backed 3DplusMe, a personalized 3D-printing platform. Before that, she worked at Disney for five years, worked on the faculty for Goldman skramasax 10K program, and is the founder and president of the Women Tech Council. She gives credit to her innovative ideas and strategic mindset for her ability to work with everyone from Microsoft and Star Wars to the MLB, Target and beyond.Whats next The company grew five times last year and expect to surpass that number in 2019. Shes also working double-time to be a pioneer for all women in tech in Utah. As one of her employees, Sitori Holbrook shared, She will not only inspire women, but she w ill do anything she can to bring women within the state together and help them become successful, not only through her business endeavors but through the not-for-profit, Womens Tech Council she co-founded several years ago to help women shatter the glass ceiling in what is generally considered a male-dominated industry.- - - Click below to read more from our series celebrating female leaders in the United StatesInternational Womens Day Celebrating the female leaders making moves in the NortheastInternational Womens Day Celebrating the female leaders making moves in the SoutheastInternational Womens Day Celebrating the female leaders making moves in the MidwestInternational Womens Day Celebrating the female leaders making moves in the WestYou might also enjoyNew neuroscience reveals 4 rituals that will make you happyStrangers know your social class in the first seven words you say, study finds10 lessons from Benjamin Franklins daily schedule that will double your productivityThe wo rst mistakes you can make in an interview, according to 12 CEOs10 habits of mentally strong people
Thursday, November 21, 2019
The Story of How One Small Business Created a Powerful Talent Pipeline
The Story of How One Small Business Created a Powerful Talent PipelineThe Story of How One Small Business Created a Powerful Talent PipelineThe Story of How One Small Business Created a Powerful Talent Pipeline DeZubeFor most small companies, finding talent when the need arises is a huge challenge. Not so for Chartwell Agency, an integrated communications firm in Rockford, Illinois. The nine-person gruppe has developed a recruiting method that manages to keep candidates interestedeven when there are no available job openings. Chartwells team approach to hiring helps keep their talent pipeline stocked and at the ready. In fact, Chartwell now has a database of up to dozens of possible candidates. As a result, theyve been able to fill roles beinahe with employees who have the skills to get the job done with people whose personality fits their company culture.In our business, things change rapidly and we often need to fill a position quickly. Having folks in the pipeline allows us to alm ost immediately fill the role, says Chartwell President Rebecca Epperson.The companys three-step approach to vet candidates keeps the entire company focused on recruiting. Their methodology could be a great fit at your company as well.Start with a friendly meet and greetHeres how the process begins. When the company receives a resume, its deemed a fit or no-fit based on years of experience and qualifications. If it gets a thumbs up, a member of the management team schedules a get-to-know-you meeting or conversation with the candidate. This initial chat helps Chartwell learn more about the candidates capabilities and assess if theyre a good cultural fit.That fit is a two-way street between candidate and company. To help the candidate determine for themselves if theyre a match, the Chartwell team member paints a clear picture of what its like to work at the company a fast-paced environment where team camaraderie is big. They also point out the qualities that make Chartwell a unique pl ace to work. Why discuss this so early on in the process? Its a great way to landsee how individuals respond. Was the candidate engaged during the conversation? Were they enthused and interested? A lot can be determined over a cup of coffee or an informal conversation, Epperson says.If this initial meeting raises any yellow or red flags, the process ends then and there. If the candidate scored highbut there are no immediate openings at the companythe applicant is put into the companys pipeline (more about that later.)Another way that Chartwell decides who makes the cut is to ask candidates to take a test. They complete three strategic writing exercises that demonstrate their writing style, quality of work, strategic ideas and approach. Those who dont complete the workor dont complete it on timedont get into the pipeline.Then introduce top candidates to the teamApplicants who pass the writing test are then invited to interviewwith the Chartwell management team as part of a group inte rview. This conversation builds on the initial interview and goes into greater detail on expectations and the company culture. Targeted questions are asked to further assess the candidates strengths and weaknesses.But the interview process doesnt end there. The rest of the team conducts an offsite interview in a group setting in a more casual environmentusually over breakfast or lunch outside the office.While that may sound like overkill, the process allows the entire team to weigh in and assess if the candidate will be a good fit. If everyone feels comfortable with the person, and a position is open, Chartwell makes an offer.Because the hiring is conducted by everyone in our company, we all have a vested interest in hiring the right personand enabling their success once we bring them on, says Epperson.Keep the best candidates warmChartwell understands the importance of maintaining a talent pipeline, even when theres no immediate position open. In fact the company has successfully k ept individuals in their pipeline for over a year. The key is to stay in touch, build a relationship, and follow up when a position becomes available.The task of communicating with pipeline candidates is assigned to the team member that the position will report to. The company regularly reaches out with a quarterly update on future potential opportunities at the company to stoke interest.The results are worth the effortWhile this approach to hiring requires diligence from everyone on the team, Epperson wholly believes in her method. She says it works particularly well in a small business like theirs where every employee interacts with the entire staff in a single day. Skills we can developpersonalities we cannot, Epperson says.Another bonus to this method, adds Epperson It also makes the onboarding much easier and less intimidating to new employees as they have met the entire team already.Three key takeaways1. Assume every candidate for every job is pipeline potential. If theyre gre at but theyre not a fit for a current opening, start vetting them for fit so you can hire them quickly when an opening comes up.2. Find a vetting process that works for you. If theres a specific skill you know you always need, consider giving candidates some font of test to assess for it.3. Get employees involved. It helps them stay invested in the growth and success of the team. Be sure that your team members are trained in hiring best practices, especially the dos and donts of what to ask in the interviewas well as how to conduct a legal interview.What a talent pipeline can do for your companyThe story behind Chartwell Agencys hiring success shows how effective a talent pipeline can be. And theres an added benefitby involving everyone in the process, it can strengthen your company culture and employer brand.How can your company get started? Give your team access to online tools that simplify the process and give your candidate pipeline greater transparency. A Job Ad provides acces s to free candidate management tools to track job views and applicationsall from your home page.
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