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February 1, 2010

In The News

Global recruitment advertising agency CKR Interactive has launched Recruitment Media Metrics, version 2.0, a web-based platform designed to track, measure and evaluate recruitment marketing campaigns. Download a copy of the briefing that details the risks involved with not measuring recruitment marketing metrics at: www.ckrinteractive.com/metricsbriefing.

Professional Career Directions (PCD) and Power Talent Network (PTN) announced a partnership to develop and implement marketing and sales strategies for the distribution of PTN's virtual career management solutions and ancillary consulting services.

Callidus Software Inc. (NASDAQ: CALD), the leader in Sales Performance Management (SPM), today announced a partnership with Excel Technology Holdings Limited ("Excel," HKSE stock code: 8048), one of the largest independent software and consulting services companies in Asia. Under the agreement, signed in the fourth quarter of 2009, Excel will resell, implement and support Callidus Software's sales performance management solutions in Asia.

Your 2010 HR action plan: 10 trends, 10 resolutions
Driven to help organizations and individuals succeed. The cost cutting and staff reductions may not be completely over, but as the economy begins its recovery, HR will be dealing with new challenges in 2010. (read more)

HarQen, a leading platform developer powering asynchronous voice applications, announced today that they have completed their Series A financing. The Milwaukee-based company lists as its investors Phenomenelle Angels Fund, Silicon Pastures, Golden Seeds Angel Fund, Midwest Capital Fund, Wisconsin Investment Partners and several prominent individuals. The $2.7MM Series A investment follows a $750K Seed funding round completed in December 2007. (read more)

In a bid to solve the problem of increasing job losses in the US, President Barack Obama reiterated a campaign pledge to end tax breaks to American firms that outsource jobs overseas. (read more)

Comings & Goings

Nokia has appointed Juha Akras as its new executive vice president of human resources. Mr Akras will become a member of the group executive board. He is currently senior vice president, co-heading human resources with Hallstein Moerk, the current executive vice president of human resources.

Choice Hotels International, Inc. (NYSE: CHH) promoted associate Anne Hendrick to vice president of human resources and administration for the worldwide lodging company. Hendrick will report to Patrick Cimerola, senior vice president of human resources and administration.

Learning Curve

Work the numbers: Excel tips to speed your workday

1. Create a quick-and-dirty Excel chart in one keystroke.
2. Improve your Excel printouts
3. Use Google Spreadsheets to share existing Excel files
Check out the course: Business Management Daily

In Depth

Manager's Guide: 8 Tips for Setting Realistic Goals for Employees

Goal setting can be a tightrope act for supervisors. Set the bar too low and you end up with an unmotivated, unproductive employee. Set it too high and you'll create frustration and the possibility the person will do something unethical to achieve the goal.

To make sure you're setting goals correctly for employees, ask yourself these eight questions derived by the Harvard Business School:
    1. Are the goals too specific? In the race to meet a specific goal, Ford created a car that had serious flaws—the Pinto. Be sure your goals include all critical components for success (both quantity and quality).

    2. Are they too challenging? Offer training if skills are lacking. And avoid harsh punishment for failure to reach an unrealistic goal.

    3. Who sets goals? Get the employees' input first. People who set their own goals are more committed.

    4. Is the time horizon appropriate or does it foster short-termism? A good performance review can—when used correctly—be your single most effective tool to assess past work AND set future goals. Get The Manager's Guide to Effective Performance Reviews 5. Have you articulated acceptable levels of risk?

    6. How might the goals promote corrupt behavior? Example: When Sears set challenging sales goals of $147 per hour for its auto repair staff, it prompted staff to overcharge for work. Set up multiple safeguards to keep employees from rationalizing unethical behavior.

    7. Can they be tailored to individual abilities? Strive to set goals that use common standards and account for individual variation.

    8. How will they affect culture? If cooperation is essential, consider setting team-based goals.

    Source: Business Management Daily


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