Blog Archives

EVP now means a partnership, with flexibility and the opportunity to contribute to a bigger picture

We’ve moved on from the Employee Value Proposition (EVP). Certainly a great working environment, progressive organisation culture, and the right level of remuneration with associated benefits are attractive to highly talented individuals. However, more and more I am seeing both organisations and candidates searching for the ultimate partnership between employer and employee.

Organisations want talent who can deliver, no matter what the situation. At executive level, there’s an expectation of availability (or at least to be contactable) 24/7, no matter what time zone and what time of the year… my New Year’s Eve phone calls are still ringing in my ears! Top performers are keen to have greater flexibility and accountability, including the hours, locations, scope of work and the projects they have the opportunity to work on. Working together embraces all of these ideals and both parties have a critical responsibility to adapt their approach to work in today’s marketplace.

Increasingly our life is more about want-want-want – just ask my teenage kids who want more than I can provide! As a consumer society, we often lose focus on the importance of empathy, compassion and giving. Nevertheless I believe we all want something that we can connect with, whether that be emotional, spiritual, financial or another reason. Going to work every day for a higher purpose is fulfilling. I am literally hearing from candidates the need to work in an environment where “I know I can make a difference”. To facilitate this, you must have an environment that places the bigger picture at the heart of its purpose, right?

Last year Salesforce was awarded the highest honour of #1 Best Place to Work in Australia. It’s worth asking, what do they do differently? The company adopts the Hawaiian spirit of Ohana (meaning ‘family’), which obviously resonates if you’ve ever met someone that works there or read some of their employee testimonials. Along with their 1-1-1 Corporate Philanthropy Model, where 1% of tech staff are allocated to supporting not-for-profit enterprises in Australia, Salesforce has also taken a stand on social issues, including gender equality and marriage equality.

Let’s not forget that understanding the customer is also paramount. We should aspire to achieve great partnerships with our clients, as well as our colleagues and our employer. Observing an organisation who values both the needs of customers and its own people will attract like-minded talent who are also a good cultural fit. Makes sense, doesn’t it?

If you’re a candidate, don’t be afraid to put yourself out there on what your real EVP looks like (I’m hinting it’s probably not a slide in the office). Employers, give and you shall receive in spades.

What’s unique about your value proposition as a candidate or an employer? How has your organisation adapted to these changing dynamics in the world @work?

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Posted in Slade Executive, The world @work

Slade Group clocks 50 years in recruitment

Continuing the theme of reflecting on our milestone achievement, Slade Group has been looking back on our 50 year journey from the early days back in 1967, to present day and beyond. In 2017 we are reshaping our vision for the future and anticipating what challenges may lay ahead for our business, the broader landscape of Australian organisations, and people @work. We present the following article, which was published on recruitment industry news site Shortlist.

Slade Group celebrates its 50­ year anniversary this month, founder and chair Geoff Slade reflects on the demise of generalists and where recruitment is headed.

“The day of generalists has pretty much passed. I will willingly admit I’m a generalist myself, but that’s something that’s happened over the evolution of time. The future consultants will be very focused; they’ll have a vertical talent community to look after,” he told Shortlist.

Slade Group, which employs 40 staff, hasn’t dramatically changed its approach to recruitment since it first started in the industry in 1967 as GW Slade and Associates, he notes.

Trust remains the most valuable currency in the industry, and will become even more important for consultants who will have to build a community of perhaps 100–120 people, he says.

“There’s been some big challenges with the advent of Seek and LinkedIn in particular, but I think the key to [surviving] it has been the ability to adapt.”

Client and candidate one and the same

Many recruiters “have missed the boat” in terms of understanding the candidate is as much a client as the organisation paying the fee, says Slade. “That [understanding] is something that has served us well over the 50 years.”

He says the company’s emphasis on building relationships has resulted in lasting staff tenures – with some consultants working at Slade for 10 or 20 years – and long-term client retention.

“If you look at the professional services end of the market, we’ve got a lot of contracts with universities – some going back over 10 years – where we’ve had to fight off competition every three years when they’ve put it out to tender.”

The company aims for a mix of experienced consultants and those with background in their specialisation, along with fledgling recruiters, and it devotes resources not just to coaching and developing staff as consultants, “but as people”, Slade says.

“On­boarding is important. We don’t just say ‘here’s your desk, here’s your phone, you’re a consultant now go to it’.”

Education, healthcare, and property are Slade Group’s fastest­ growing sectors, he says, but expanding into other areas depends on the calibre of people it can attract to drive growth.

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The nuances of effective feedback

When Robyn, a great candidate referred by a trusted source, crashed and burned in an interview, I asked if she might be open to discussing how she felt about the interview. “Yes please!” This led to a great two-way conversation. But what if I had said, “You were terrible at interview and you have to take on the feedback I’m about to give you.”?

One of the most important skills we can all acquire is the gift of masterful feedback, both giving it and receiving it.

Instructive feedback encompasses both constructive feedback and informative feedback. The most useful feedback is both mindful and effective in empowering and influencing others. It is honest, unbiased and requested, rather than being thrust upon you. When you receive effective feedback, with no personal attachments and no hint of persuasion, it is all the more credible and importantly, able to be embraced and or even acted upon.

Uninvited feedback on the other hand, resulting from a reaction or response, can interrupt thoughts, kill motivation, learning and/or be annoying or even destructive, as it erodes trust and builds barriers. It can be particularly hurtful when it is directed at the other person’s values and beliefs or their judgements.

“The only fully legitimate feedback we can give a speaker is information about the state of our own cage.” – Mackay (1994)

Uninvited feedback can come from well-meaning friends, family or work colleagues, who believe it’s somehow their duty to tell you their observations or opinions to help you. Consciously they are trying to change you or maybe even communicate something about themselves, how they feel, think or respond. Subconsciously they may also be trying to sell their ideas, their experiences or get you to like them and be influenced by them.

It’s hard to accept uninvited feedback and take stock of the messages people dish out.  Receiving effective feedback is very different.

Effective feedback is provided in the most appropriate way so other person finds it useful and beneficial. A leader coaching their team or a peer, may use effective feedback to project back a particular perception, emotion, word, or experience observed. This could simply entail repeating back a certain word or phrase using active listening and recording a conversation.

When we clarify to capture meaning it also assists in the feedback process. It’s a bit like having another set of eyes and ears to help you gauge the message behind your words, your tone and feelings. Science tells us that we tend to operate more in the subconscious mind, than our conscious mind.  It’s clear that many of us go through life not being very aware of how we are perceived, the power of our thoughts and words, or their translation by others.

Successful executive coaching is underpinned by the use of effective feedback for this very reason; it creates increased clarity, trust, confidence and support. When a leader is able to regularly engage with feedback that is positive, that’s acknowledgement. When a leader is relaying feedback that has a negative effect, this can be referred to as feedback with judgement, which can often be received as criticism.

The more you pay conscious attention to how you and others provide effective feedback (clarification and or questioning without a tone of judgement) the further you empower others and yourself in your role. When you create a positive mindset for ongoing feedback in all its forms, you create greater synergy, trust and awareness.

How are you engaging in effective feedback in your world @work?

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EOFY – trivia, observations and reflections

I’ve just finished an interview with an accountant… (insert your joke or comment of choice)… for a Financial Controller role. Actually it’s a great opportunity with a small private investment company.

I generally start an interview with an easy general question like, “How’s work?” In this case the response was, “Flat-out! I’m super busy because of EOFY (End of Financial Year).” Makes sense and I’m sure there are thousands of accountants around Australia who are saying the same thing.

According to that font of all modern wisdom, Wikipedia, Australia is one of only a small list of countries that use 1 July to 30 June as the financial year. Others include New Zealand, Japan and Egypt. In comparison the US use 1 January to 31 December and the UK is more unusual, being 1 April to 31 March for government. UK businesses can choose any 12 month period.

Given that much of Australian law and business practices have British origins, you might expect that we would have a similar EOFY. Some sources suggest that our reverse seasons compared to the Northern Hemisphere mean more Australians are on holiday in January and at work in the winter months. I’m not a Mythbuster, so I’ll just say that is plausible.

In my patch of the recruitment world, financial services, three out of four major Australian banks have changed to 30 September as their EOFY. Most other financial services organisations that I work with ie. industry superannuation funds, fund managers, smaller banks, investment consultants and private wealth managers, use 30 June as EOFY.

What I’ve seen in the last few months is lots of strategic planning for next financial year and establishment of budgets. Generally I’d say recruitment intentions are quite positive.

For many of us EOFY is a busy time, trying to complete work. Now is a chance for a quick spot of reflection and strategy refinement: What worked, what didn’t and how can we improve?

OK reflection done, there’s calls to be made!

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Posted in Slade Executive, The world @work

The changing face of the CEO

You may think you know what a CEO looks like – those of us who regularly work with senior people in other organisations or at a strategic level within our own – can picture some of the qualities common to those individuals who have been successful in business leadership roles. Yet it strikes me as an executive recruitment consultant who is regularly engaged in the hiring process for C-Suite roles, how the expectations for a CEO’s capability has changed in recent years.

Of course there are underlying leadership behaviours that have not changed: setting the vision, developing a daily dialogue, being clear about expectations… What I’m really talking about is the changing marketplace of the consumer – customer behaviour is forcing companies to do things differently, while evolving work styles have put pressure on CEOs to alter their tack.

Looking at trends in the C-Suite over the last 20 years, PWC reports, “Another interesting trend is that disruption is increasingly prompting boards to turn to external hires, rather than internal candidates, to fill CEO positions. They hope to capitalise on the experience and skills that these individuals bring from another organisation, or even another sector.”

While that’s good news for those of us in the recruitment business, it’s a timely reminder of the need to constantly reassess our hiring practices. Here is a sample of the types of questions that are (or should be) on the table, from my recent discussions with selection panels for senior hires:

  • Can this person build relationships with stakeholders to prioritise our key objectives for the next 12 months?
  • What digital, social media and other technology capability can this person bring to the role?
  • What exposure has this person had to gender equality and other diversity initiatives when acquiring talent and team building?
  • What global network do they have to drive capability within the organisation?
  • What recent experience does this person have in engaging, managing and motivating a high performing team?
  • How much does this person know about modern performance management processes?

In the current market, intangible qualities are increasingly highly valued. As organisational culture expert John Burdett reminded me in a seminar I attended earlier this year, successful CEOs need to be effective communicators. They must be authentic, engage the whole organisation in a meaningful way, not just report at Board level. They are storytellers who can articulate how things will be achieved in detail – jargon old or new, simply won’t cut it. Enthusiasm for the job and a sense of humour won’t go astray either.

What changes have you observed in the face of senior leadership in recent years in your world @work?

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Daniel Goleman explains why Eco-intelligence is a thing

There’s EQ, there’s IQ, and now there’s Eco Intelligence. Except the ‘now’ is 10 years old and I’m late to the party.

How did I even hear about this? A few weeks ago, a bunch of us were rabbiting on about the relative EQ and IQ of a recent senior appointment, and our visiting international expert added, “And of course you’d have taken into account their Eco-Intelligence.

I nodded in zealous agreement, Yes, of course, Eco-Intelligence, at the same time my mind was shooting blanks.

Since then, I’ve done my homework. If like me you didn’t know Eco-intelligence was a thing, then let me bring you up to speed in 2 minutes.

The term, first coined by Daniel Goldman is the title of his 2009 book Ecological Intelligence. It has gained traction through consumer action, apps and websites such as GoodGuide. Where it has still to gain traction is in the hiring of senior managers who can embed eco values and an eco-culture.

Explaining it in his compelling straightforward style, Goleman has a 90 second video that’s worth viewing.

Daniel Goleman Connects Emotional and Ecological Intelligence

Daniel Goleman explains Ecological Intelligence

In it, he explains the rapport we build with other humans is ‘I-to-You’. Or we might fail to build mutual rapport because we use a command and demand approach, which is ‘I-to-It’. And that’s how we can also understand Eco-intelligence. Namely, if we are mindful of our rapport with the earth, respectful and open to giving and taking, then that’s high Eco-Intelligence. If we strip the earth of its potential, command, demand, and show no respect, then that’s low Eco-intelligence.

At a consumer level, Eco Intelligence has been brought to life with Apps and websites such as GoodGuide. GoodGuide’s mission is to provide consumers with the information they need to make better shopping decisions. Consumers can choose products that contain ingredients with fewer health concerns, while it gives retailers and manufacturers compelling incentives to make and sell better products. There are also environmental impact assessment tools too that help corporates and individuals assess their production, distribution and consumption decisions.

How do you create eco values at your world @work, and how do you embed Eco intelligence in your decision making?

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How to turn your work-ability into your biggest asset

My husband Ray and I are your typical Aussie mum and dad property investors; our three children are also young investors (in their 30s).

Back in the 1980s, getting a deposit together to purchase a house was arguably as difficult as it is today. My husband and I started saving on our engagement. Our parents were of humble means – certainly not in a position to help out. There were no maternity/paternity leave entitlements, no child care facilities and we relied on one income for many years after we settled into our home.

The Government at the time attempted to solve the problem of housing affordability by providing a first home buyers grant (a means tested cash bonus to assist with the purchase). Although our individual salaries were not particularly high, when combined, Ray and I were not entitled to the grant.

So we worked five jobs between us. When our peers were out dancing at bachelors and spinsters balls, we were the ones working in hospitality, serving them food and drinks. They were driving around in new cars. We drove second hand cars and once we bought a new one, we owned it for 10 years before buying a new one. Our peers were travelling around the world and going to rock concerts. I regret to say I never attended a rock concert. I remember the only musical I went to see was Jesus Christ Superstar.

Economists are always predicting a drop in the property market and investing means accepting some risk. When we decided to buy an investment property, our parents, friends and family, actually tried to talk us out of it! Don’t do it, it’s too risky, you can’t afford the loan repayments… What if you lose your job, what if you fall pregnant or what if there is another GFC, or a war?

Harry Triguboff, Australian billionaire real estate property developer was interviewed on 60 Minutes recently. He said, “Ordinary mum and dad investors are battlers and not millionaires.” In my experience this rings true. Aussie mum and dad investors contribute to rental availability in the market. It stands to reason that the more investors there are, the more rentals there will be available, which assists with rental affordability.

On the same program Tim Gurner, a young property investor turned successful developer, was also interviewed. Interestingly he recommended exactly what we have practiced. Go without the luxuries, work hard and have a goal. While it has been muted that he received a leg up with a deposit from his family, parents can assist in other ways, such a guaranteeing a loan or providing a deposit bond.

When we criticise the lifestyle choices of millennials, are we simply being critical of young people? My children started in the property market as teenagers. We did not provide them with any funding whatsoever. We set the example; they took the risk, budgeted hard and were devoted to their jobs.

The conversation should be about choices, not criticism. Taking a year off and travelling the world on a working holiday… well good on you, you’re only a year behind in savings, and possibly a few steps behind (or ahead) in your career. The occasional smashed avocado and a latte over breakfast won’t destroy your life savings either. Going to university will put your savings back several years and adds a HECS to your financial commitments in most cases, but you’re positioning yourself to catch up as your career advances.

A request under FOI revealed that over the past eight months (August 2016 to February 2017) in NSW alone foreign investors paid a staggering $76.6M in stamp duty to the state government, compared with Australian and dual nationals who paid almost $3.8M. While it’s obviously a great tax revenue stream, the disparity in the figures are symptomatic of local investors losing in their bids to secure property.

Doing something about housing affordability is problematic. Should we make it easier for young Australians by offering investment grants, allowing first home buyers to use their superannuation for a deposit, or further limit foreign ownership of Australian real estate? All of these ideas are debatable, with potential for unintended consequences. Certainly providing better information on budgeting, saving and investing would help educate the next generation of buyers. At present the real winners in the property market are the banks, property developers, fund managers, real estate agents and the state governments who all benefit from high prices.

My generation, the baby boomers, are often held up as a scapegoat for the affordability crisis. In my family we envisage there will be no government pension by the time we retire, so we are providing for ourselves through our property investments. Despite the media focus on negative gearing, its tax advantage doesn’t benefit us significantly. Here are some final considerations that are often overlooked when making a property investment:

  1. Work hard, taking on an extra job when required can make a difference
  2. New APRA rules mean a 20% deposit is required for an investment loan
  3. Banking institutions charge higher rates for property investors (and even higher interest rates for self-managed super funds)
  4. Factor in the significant cost of stamp duty (paid to the state government on purchasing)
  5. Understand the ongoing body corporate fees (if investing in an apartment, unit or development with shared common property)
  6. Budget for maintenance costs
  7. Negative gearing only applies to tax paid on expenses involved in holding your property
  8. Factor in capital gains tax when selling

At some level we are all working for a secure future. What have you done in your world @work to set yourself up for the future?

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A milestone year for Indigenous education

Slade Group is proud to support the Cathy Freeman Foundation in their 10 year anniversary celebrations this year. Last week we hosted an art show to mark ten years of making a difference to Indigenous students, which coincides with our own 50 year anniversary celebrations. Kath Markov provides some insights on the Foundation’s achievements.

This year the Cathy Freeman Foundation will celebrate 10 years of providing educational opportunities and support to children and families of Palm Island in north Queensland.

“I never imagined that we would have the privilege to work with the beautiful and talented children of Palm Island for 10 years! I am grateful to the Palm Island community who have embraced the Foundation and its programs and I look forward to celebrating this incredible milestone,” said Cathy Freeman, Co-founder and Director of the Cathy Freeman Foundation.

The long term partnership between the Cathy Freeman Foundation and the Palm Island community is undoubtedly one of the Foundation’s greatest successes. Ruth Gorringe, Palm Island local and Community Liaison Officer for the Foundation, says “The Cathy Freeman Foundation is special because people from all over Australia donate and they want to see Indigenous education succeed. People in our community know the Foundation is here for our children’s education. We’re here for the long run and for as long as the community want us here.” Ruth has been a part of the Cathy Freeman Foundation team since 2014 and is currently studying a Bachelor of Education.

Celebrating Year 12 Achievement

More Indigenous children are completing Year 12 than ever before and whilst there is still a long way to go in closing the education gap, the Foundation is proud to celebrate and share in the achievements of students from our community partners.

Last year for the first time in Palm Island history 100% of all senior students graduated from Year 12 with a QCE. “We strongly believe that it takes a whole community to educate a child and this year we celebrated the unprecedented outcomes from working together. We recognise the significant support these students received from the Cathy Freeman Foundation on their journey towards completing Year 12,” said David O’Shea, Deputy Principal, Bwgcolman Community School (2016).

All students who graduate from Year 12 receive a personal letter from Cathy Freeman. “We want their education to go beyond school so it is very empowering for the students to receive a letter from Cathy upon completion of school. I feel really proud and emotional knowing the struggles some of them had throughout school including peer pressure and all of the other things that go with it, but they stuck it out.” said Ruth Gorringe.

If you would like to purchase artworks from the recent Slade Group – Cathy Freeman Foundation Art Show, including Wayne Quilliam’s photographs and unique paintings by Tiwi Designs, click here to view the catalogue or contact us for further information. Click here to find out more about the Foundation or to make a donation.

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