Thursday, November 28, 2019
Life without a boss isnt always a dream come true
Life without a boss isnt always a dream come trueLife without a boss isnt always a dream come trueThere has been a vogue in recent years for abolishing the old, toxic hierarchies in business, but know this getting rid of the boss doesnt mean getting rid of conflicts.Its a point that more companies will have to respect as leaderless or self-governing kollektivs come into vogue.The 2016 edition of The HOW Report by LRN showed that 8%of organizations were manifesting Self-Governance in 2016, compared to 3% in 2012.The report shed light on how self-governing organizations operate, very much focusing on the positive.They were defined as groups where employees are inspired by a desire for significance and encouraged to act as leaders regardless of role. The report praised leaderless teams because they resist temptations to abuse status.As a result, employees pursue the biggest challenges, take the boldest risks, and fortify an organization to be resilient over the long term, the report sai d.Many fans of self-governing teams agree, even elevating the flat management structure to an art.Addressing trouble without a leaderThe key question is how do you make it work?Like any company group or organization, self-managed teams are sure to run into issues that make it difficult to work with other members. And without a manager to mediate, those fights can quickly get out of hand.A Harvard Business Review article called How Self-Managed Teams Can Resolve Conflictby Amit Maimon breaksdown solutions for flat or self-managed teams.Maimon has three good pieces of advice about managing team conflicts. The first quantify the impact of the problem, to see how big it is and what resources it might take to fix it. The secondprioritize accountability over blame, to avoid pointing fingers and get to the root of the problem, and encourage openness to productive conflict so that the air is cleared.Teams without a boss have to manage each other wellBut there are some potential drawbacks to leaderless teams.For one thing, teams without bosses still have to do the bosss work raising morale, distributing assignments, coordinating tasks. But team members dont get paid more for it.Self-managed teams tend to trust each other less, according to a 2007 studyof 35 student teams byClaus W. Langfred in the Academy of Management Journal.He lateracknowledged that despite its title,ironically, some management is still required when it comes to self-management, including training in conflict management techniques. Langfred also warned against leaderless teams that have low autonomy for individual members.When people miss having a bossOnline shoe and clothing company ZapposusesHolacracy, a self-organization method reportedly designed to create a dynamic workplace where everyone has a voice and bureaucracy doesnt stifle innovation.Managers no longer exist. The companys 1,500 employees define their own jobs. Anyone can platzdeckchen the agenda for a meeting, Gelles wrote.(At one such meeting, the team members checked in on their state of mind, with one revealing she was distracted by her hands smelling like the oranges she had at lunch.)But brewing employee discontent reportedly surfaced at Zappos, and critical issues like how to hire, fire and pay people in a company with no job titles have emerged as sticking points.While describing the negative reception of the CEOs introduction of Holacracys management style, the New York Times noted, at Zappos, it seems that many wish Mr. Hsieh had never made the choice. Some people want a boss after all.
Saturday, November 23, 2019
Financial Certifications With the Best ROI
Financial Certifications With the Best ROIFinancial Certifications With the Best ROIFinancial certifications require a big investment, both in time and money. But not only do unterstellung certifications provide value for individuals in the accounting and finance industry. They help their companies, too.Thats why so many employers help with the expenses of obtaining professional certifications. A new Robert Half Finance Accounting survey shows 94 percent of CFOs said their companies offer to cover all or some of the educational costs, and 95 percent provide full or partial support to maintain the credentials.The bottom line? Companies reap all kinds of benefits, from increased productivity to enhanced retention to information sharing, when they help their employees with professional development.What financial certifications are the best investment?When it comes to choosing credentials, your employees will need to think about what fits their career goals. Do they want to go into mana gement, for instance, or become an internal auditor?Theyll also need to assess how much time and money they are able to give to the process and to maintain the designation. Their eligibility, including education and experience levels, will also need to be taken into account.Heres a detailed rundown of four of the fruchtwein prestigious financial certifications to help you and your workers decide whats best to pursue.1. Certified Public Accountant (CPA)If your company provides jobs for CPAs, youll likely see this designation as the granddaddy of certifications. Its been around the longest and was originally conceived as a designation for public accountants. Now, however, all types of finance professionals in the U.S. get the certification to show their prowess in management accounting, financial accounting, corporate finance and strategic planning, audit, general business, and taxation. A CPA designation also gives the holder the statutory right to sign audit reports and issue audit opinions. Its the most well-known financial certification and, arguably, the most difficult to get.Granted by American Institute of Certified Public Accountants (AICPA) exam and license requirements vary state by stateEstimated cost $2,000-$3,000Prerequisites Five years of higher education, a minimum number of continuing education credits in business and accounting (typically about 150), and verified relevant experienceExam requirements Four levels can be taken in any buchungTime to certification Passing the CPA exam usually takes a year most state boards require one year of accounting experience before awarding the licenseOngoing requirements? Yes continuing professional education (CPE) credits required vary by stateWho should get it? The CPA designation is a very versatile one CPAs work in public accounting, management accounting, governmental accounting, taxation, financial advisory, compliance and other consultant roles. Its highly valued throughout the accounting industry, and some companies require it for managerial jobs.SUBSCRIBE TO OUR NEWSLETTER 2. Chartered Financial Analyst (CFA)Professionals in institutional money management and stock analysis are often the ones shooting for the CFA designation. Those who hold this financial certification are experts in accounting, economics, portfolio management, securities analysis, and ethical and professional standards.Granted by The CFA Institute, a non-profit based in the U.S.Estimated cost $2,500Prerequisites A bachelors degree and four years of relevant experienceExam requirements Three levels, with a total exam time of 18 hours one level must be passed before moving to the nextTime to certification It can be completed in 18 months, but most people take more than two years to complete the processOngoing requirements? A recommended 20 hours of CPE credits, which can be accomplished with online courses, with at least two hours of standards, regulatory and ethics educationWho should get it? Its the certificati on of choice in the investment community and has become a must-have for security analysts and asset managers. Finance professionals who are (or aim to become) equity analysts, fund managers or hedge fund managers will also find the CFA useful, as will anyone who hopes to reach the CFO or senior finance manager levels. Those who are pursuing a career in audit, however, wont find it particularly useful.3. Certified Management Accountant (CMA)As the title suggests, this financial certification focuses on management accounting - in other words, providing executives with financial information that will help a company resolve problems and make decisions. The CMA designation is often required for CFOs, controllers and finance managers. The exam covers more practical knowledge, such as the types of skills accountants and finance professionals use on a day-to-day basis.Granted by The Institute of Management Accountants (IMA)Estimated cost $1,000-$2,000Prerequisites A bachelors degree and tw o consecutive years in financial management or management accountingExam requirements Two levels, with a total exam time of eight hoursTime to certification Typically one to two yearsOngoing requirements 30 hours of CPE creditsWho should get it? Any accountant who wants to work in the corporate sector, particularly in large, multinational companies, should evaluate the advantaged of getting a CMA. Many accountants choose to get both the CPA and the CMA, as there is overlap in the exam topics, and the CMA is often considered a more practical application of the theoretical concepts tested in the CPA exams.4. Certified Internal Auditor (CIA)The CIA designation is the only globally recognized certification in the internal audit and compliance industry. As such, the CIA exam focuses almost entirely on internal audit topics, such as internal controls and risk management, auditing processes, fraud risk and controls, governance and business controls, and tools and techniques for conducting audit engagements.Estimated cost $1,500Prerequisites A bachelors degree and two years of internal audit experience (but a masters degree can substitute for one year of experience)Exam requirements Three levels, with a total exam time of 6.5 hoursTime to certification Typically a year to 18 monthsOngoing requirements? CPE credits are required the number depends on your work statusWho should get it? The CIA is really only useful to internal auditors. Its particularly important for those who would like to become managers or chief audit executives.Other certifications worth consideringThese financial certifications arent as high-profile as the four detailed above, but theyre worth a look, as wellChartered Global Management Accountant (CGMA) - This designation is for management accountants who combine business strategy with financial analysis to help companies grow and perform efficiently. This certification is valuable for financial professionals who would like to expand their career b eyond the finance department.Certified Information Systems Auditor (CISA) - This is the internationally recognized certification that demonstrates expertise in information systems audit, controls and security. Its useful for any internal auditor, but especially for those who specialize in the growing field of IT risk management.Certified Fraud Examiner (CFE) - This designation shows cutting-edge knowledge, skills and education in the detection of financial fraud, another growing field fueled by the financial crisis and laws like Sarbanes-Oxley and Dodd-Frank.The world of financial certifications can be confusing, with new designations popping up all the time. But for a view from the top, these are a few that can help finance and accounting professionals with their careers - and help companies, too. Tags
Thursday, November 21, 2019
Get Interview Questions to Ask HR Job Applicants
Get bewerbungsinterview Questions to Ask HR Job ApplicantsGet Interview Questions to Ask HR Job ApplicantsLooking for interview questions that you can ask the applicants for yourHuman Resources jobs?Thesesample interview questionsare suitable for your HR candidatesas well as for managers and otzu sich kompetenz employees. Some of behauptung favorite interview questionswill also work well when you interview potential HR employees. But, you also need to identify whether your candidates have the special characteristics and capabilities that are needed in HR. These questions must assess the capability of the applicant to perform thenew roles of the HR professional. To do this, you need to ask interview questions that will identify your candidates competencies in these critical areas. How capable will your candidate be as a Strategic partnerEmployee advocateChange champion Because these competencies exist in addition to the other core human and employee relations, administrative,employmen t law, personnel, and transactional expectations of the HR professional, these questions are key to identify your most qualified candidate. General Human Resources Interview Questions Any experienced HR professional can claim a background and competency in implementing the core HR responsibilities such as day-to-day employee relations, personnel transactions, and recruiting employees. Ask this type of question to get at core HR skills. Describe the HR functions that were under your leadership and control in your most recent HR job.What are your favorite components of the overall HR role? What do you enjoy doing the most?Where did you find yourself investing the most time in your most recent HR role?What would you list as HRs most significant contributions in your most recent HR department?Describe your experience managing and maintaining a Human Resources Information System (HRIS)? (You can ask this brde question about any component of HR that was thus far not mentioned by the c andidate. Or, use the question to ask about an HR component for which you need a person with experience.) More Specific HR Interview Questions to Assess Competency in New Roles The questions are divided into questions suitable for an experienced individual and an applicant who is beginning or early in their HR career the beginner questions would also work for the experienced professional. Strategic Partner For experienced job candidates How did the HR function have an impact on your organizations strategic planning in your last position?Describe how you were able to assess the success of HR services and employee relations in your last HR position? What did you measure?How did you determine or contribute to determining thepriorities for the HR departmentin your most recent position?Did you participate as a key player in your organizations strategic planning or senior management team? How did you see your role? For beginning or early career candidates What do you believe is t he role of the HR department in relation to themission,vision, and strategies of the business?How would you find out the priorities of your managers and senior managers for the provision of HR services?What would you measure to determine whether the HR department was doing an effective job for the company? Employee Advocate For experienced job candidates Please discuss a time when an employee came to theHR departmentwith a complaint about his or her manager. How did you investigate the complaint and help the employee solve the problem? How did the story end?Describe the work environment that you developed for people in your last HR position. What were the key characteristics of the work environment that you were trying to maintain and reinforce?How did your HR department contribute to planning, creating, maintaining, and changing thecorporate culture? What were your significant contributions to establishing the work environment for people? What programs or processes, that you de veloped to maintain and reinforce thework environmentthat you offered employees, are you most proud of contributing to or initiating? For beginning or early career candidates What do you think are the most important roles of the HR department in relation to employees in an organization?What is the role of the HR department in creating the companys work environment for people?If you were the decision maker, what programs for people would be your priority in an organization? Change Champion For experienced job candidates Tell us about a time when you initiated a people process or program that was successful in your organization. Why did you believe your organization needed the program? What steps did you take to initiate and develop the program?On the flip side, have you ever championed a process or a program that failed to take hold in the organization? What steps did you take and how would you change your approach the next time so that your organization would integrate the kampa gne?How do you go about identifying aspects of your organization, the organizations culture, and the offerings of the HR department that need to change or improve? What is the role of the HR department in helping other departments identify and make changes to processes that affect their employees or customers?Can you tell us about a time when you helped a department make needed changes? What was the change and how did HR help identify the need for the change and the action plan. Was the intervention successful? For beginning or early career candidates Thinking back over your college years and your job experiences, have you ever helped to initiate a change? What was the change? What was your role in making the change happen?How do you typically react when change is introduced that you had no part in identifying the need for or planning? Would you describe yourself as a willing participant or an early adopter? Please provide an example. Sample Job Interview Questions for Employers Use these sample job interview questions when you interview potential employees. Unusual Job Interview QuestionsInterview Questions That Can Cause Legal Problems DisclaimerPlease note that the information provided, while authoritative, is not guaranteed for accuracy and legality. The site is read by a worldwide audience, and ?employment lawsand regulations vary from state to state and country to country. Please seek legal assistance, or assistance from State, Federal, or International governmental resources, to make certain your legal interpretation and decisions are correct for your location. This information is for guidance, ideas, and assistance.
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