THE MARCONIAN | Volume III, Issue 34
Quote of the Week: "Life takes on meaning when you become motivated, set goals and charge after them in an unstoppable manner." -- Les Brown
August 28, 2015 - In This Issue:
Weekend Weather
Cloudy
Fri., Aug 28
Cloudy
High 80 Low 67
Storm
Sat., Aug 29
Showers & T-Storms
High 77 Low 66
Partly Sunny
Sun, Aug 30
Clouds and Sun
High 78 Low 66
Chicago Sports 
 Friday, Aug 28
 Cubs @ Dodgers
 9:10 PM, WGN,  MLBN

 Saturday, Aug 29
 Cubs @ Dodgers
 8:10 PM, WGN,  MLBN

 Sunday, Aug 30
 Cubs @ Dodgers
 7:05 PM, ESPN
 Friday, Aug 28
 Sox vs. Mariners
 7:10 PM, CSCh

 Saturday, Aug 29
 Sox vs. Mariners
 6:10 PM, CSCh

 Sunday, Aug 30
 Sox vs. Mariners
 1:10 PM, WGN
 Saturday, Aug 29
 Bears @ Bengals
 6:30 PM, FOX
 *Preseason
 Saturday, Aug 29
 Fire vs. Orlando SC
 6:30 PM, CSCP,  WRBW
Networking Events
Network & Social Professional Networking Event at the Kensington Roof Garden

Thurs, Sept 3 @ 6:00 PM

With fall approaching you won't have too many more chances to experience The Kensington Roof Garden in 2015. Network & Social is giving you another chance to take in the ambiance of one of Chicago's top rated rooftops September 3rd. Join us for another great night of networking and relationship building with professionals from over 35 industries as we wrap up the summer. 

Click HERE to RSVP and find out more. 
Weekend Events
The 9th Annual Chicago Dancing Festival

August 28 - 29

Various Locations


Click HERE to learn more! 

Filling the Soft Skills Gap
4 Tips to Better Hiring Practices
by Bruce Tulgan | Accounting Today

Yes, you need to hire people who have or can learn the required technical skills. But no, that doesn't mean you can ignore soft skills in your hiring.
Every day in our work, the stories managers tell us about good hires gone bad (and bad hires gone worse), are almost always stories about failures in the soft skills, not the hard skills. Nine times out of 10, an unsuccessful hire fails due to soft skills, not hard. Never forget, one very good hire is much better than three or four or five mediocre hires.
How can you build in soft skills criteria systematically in every aspect of your staffing strategy and hiring process?
Step 1. For every position, build a profile and job description that includes not just the key hard skills for that role, but also the key soft skills. Once you identify the high-priority soft skill behaviors for each position, name them yourself. Describe them in detail. Build those criteria into the basic job requirements in no uncertain terms from the very outset. Be prepared to turn away candidates who do not meet these soft skill criteria just as you would turn away candidates without the necessary hard skills. Or else, if you are forced to hire people without the required soft skills, make sure you have a plan in place to address those soft skill gaps from the first day of employment.
Step 2. Look for talent from sources well known for the strong soft skills you need. This is why so many employers want to hire those who have served in the military: You can be sure that they will display respect for authority, willingness to wear a uniform, excellent manners, timeliness, consistency, follow-through, teamwork, and initiative. The same goes for anybody who makes it to Eagle Scout. What schools, employers or organizations do you know where members or alumni are likely to have stronger soft skills in the areas that matter the most to you? Maybe it is the Peace Corps, or a non-governmental organization, a club or a church or an athletic team; maybe you are looking for someone who has run a marathon or been a camp counselor or a school teacher or volunteered in a soup kitchen.
Step 3. Include your high-priority soft skills behaviors in your employer branding and recruitment campaign messaging. That's why it's so important to name your high-priority soft skills - to have meaningful slogans to capture them. Of course, there is always the iconic "The few, the proud, the Marines" as an example. That message is a signal to applicants that this job is going to be very demanding of them on a very deep level. Your recruitment message says a lot about how you see yourself as an employer. You want to draw applicants who are looking for a job where they can learn and grow and build themselves up.
Step 4. Build a selection process that places a heavy emphasis on high-priority soft skills. Here's a short-cut: Scare away young job candidates who only think they are serious by shining a bright light on all the downsides of the job. Whatever the worst, most difficult aspects of the job may be, start your selection process with vivid descriptions of those downsides. Then see which candidates are still interested in the job. They are the ones worth testing and interviewing.
We recommend using research-validated testing wherever possible to get a quick baseline reading of an applicant's aptitude in key areas of the job, including high-priority soft skills. Whatever test you settle on, just make sure you can implement and evaluate it with relative speed. And make sure you know in advance exactly what you are looking for.
When it comes to interviewing, the best practice is still the simple model of behavioral interviewing. Behavioral interviewing simply means asking applicants to tell you a story and then listening carefully to their story. When you are doing behavioral interviewing, make sure to ask applicants not only about their use of hard skills, but also their use of soft skills: "Tell me a story about a time you solved a problem at work," or, "Tell me a story about a conflict you had with another employee at work. How did you solve it?"
Finally, consider one last stage of selection. We call it "the realistic job preview." This might be a probationary hiring period, or a pre-real-job internship, during which you can try out the prospective employee and the prospective employee can try out the job. Make sure to assign real tasks that mirror the actual tasks, responsibilities and projects they will be asked to do if they accept the job.
Bruce Tulgan is the founder of Rainmaker Thinking. This article is adapted from his latest book, Bridging the Soft Skills Gap: How to Teach the Missing Basics to Today's Young Talent, due out in September.


Consultant Spotlight
Could Your Team Benefit from Having Additional Resources? 

Senior VP of Finance & CFO:
 
Over thirty years of diverse and progressive financial management experience culminating as Senior Vice President of Finance and Chief Financial Officer of a $145 Million privately held company. Broad accounting/finance background with ability to work in both private and publicly held entities. Proven ability to work with all disciplines including Operations, Sales and Marketing, and Human Resources.
  • Financed and integrated four acquisitions ranging in value from $2.5M to $27M.
  • Arranged for annual financing for up to $25M of capital equipment.
  • Worked closely with other company disciplines and trade creditor committee to negotiate workout plan involving $11 Million in trade debt.  The company was able to enter into a transaction, which utilized its pension excess, which maximized shareholder value and resulted in a 100% payout to vendors.
  • Negotiated settlements with vendors not willing to agree to the above workout plan.  These settlements averaged an 87% payout.
Interested parties are encouraged to contact Jennifer Williams at 312.546.9800 or at JWilliams@marcofinancial.com
Potential Opportunity
Looking for a new opportunity? 

Financial Analyst

The Financial Planning Analyst is responsible for the timely and accurate financial reporting and analyses on a monthly basis. The position will work on various financial planning and analysis tasks, including management reporting, strategic planning, budgeting, forecasting, financial modeling, and other analysis as needed. The FPA reports to the Budget Manager.
 
Scope of Work:
  • Prepares and analyzes operational & performance metrics, financial reports and general manager reporting packages, include P&L schedules and graphs, detailed gross profit and operating expense schedules and variance analyses.
    Supports preparing various ad-hoc analytical schedules, as needed.
  • Communicates with members outside of the immediate finance department throughout the year.
  • Supports the preparation and consolidation of the annual budget, and other financial forecasts.
Interested parties are encouraged to contact Geary Kornelik at 312.546.9800 or at GKornelik@marcofinancial.com