Thursday, October 31, 2013

Planning for non-business factors and for un-real candidates

So, the BGS class this morning was about how the non-business factors can have a huge impact on businesses in terms of revenue losses, reputation damage and so on. Jef discussed examples of how companies who fail to identify and react to these factors fail and while also giving an example of a company who has managed this balance of non-market and market components in non-business mix well and turned these factors towards their advantage.

Even while I was wondering about some of the new facts that I came to know e.g. the "Cheeseburger Act", it was time to prepare for the Talent Management class.

Yes, last night, I went out for a surprise Colombian dinner and could not do the reading for this class - I could postpone it happily though after seeing that the case is small and we have 40 minutes between first class and the second.

Talent Management class started with discussing the interview questions we would ask to the candidates described in case we read and our thought process for choosing these questions. Gradually, the discussion turned towards some other relevant and important concepts for interviewing - Prof Monika took us through the theory of it, by using a short video of a guy asking too many questions and his superior answering him even while explaining the concepts.

There was a good discussion on various types of questions and then we soon landed ourselves in the most wide spread aspect of interviewing that we find today - when candidates fake the information they provide, either slightly or completely.

We discussed results of surveys based on this, and a couple of ways to identify those who are faking and are un-real in terms of information they provide to the recruiters.

This discussion brought out some interesting information, I would say.

Our group met after the school to finalize our presentation for Tuesday - it's going to be a long weekend with holiday tomorrow, so everyone rushed into the meeting right after the class, and managed to leave early as well.

I spent rest of the time today working on first round of marketing simulation, again to ensure that there is no work during the long weekend.

Time to go for dinner, and those who have similar long weekend, enjoy :-)

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