Tuesday, April 30

Managers to Millennials: Advice for Young Job Seekers

Many college grads lack interview skills. They take calls, text and sometimes bring their parents or pets to interviews. HR execs blame a coddled generation weaned on smartphones and social media.

 

Newly minted college graduates soon entering the job market could be facing another hurdle besides high unemployment and a sluggish economy. Hiring managers say many perform poorly — sometimes even bizarrely — in job interviews.

Human resource professionals say they've seen recent college grads text or take calls in interviews, dress inappropriately, use slang or overly casual language and exhibit other oddball behavior.
"It's behavior that may be completely appropriate outside the interview," says Jaime Fall, vice president of the HR Policy Association. "The interview is still a traditional environment."

Fall and other HR executives say such quirks have become more commonplace the past three years or so, and are displayed by about one in five recent grads. They're prompting recruiters to rule out otherwise qualified candidates for entry-level positions and delay hiring decisions.
The trend reflects a generation of Millennials — ranging in age from 18 to 34 — who grew up texting and using smartphones and social media, says Mara Swan, executive vice president of staffing firm Manpower Group.

"Life has gotten more casual," Swan says. "They don't realize (the interview) is a sales event."
So much off-the-cuff speaking in tweets and text messages has left many young people with stunted social skills, says Jonathan Singel, director of talent acquisition for Avery Dennison, a packaging and label maker. 

Fall says Millennials also have been coddled by parents. "It's (a mindset of) 'You're perfect just the way are,' " he says. " 'Do whatever you're comfortable doing.' "

About half of HR executives say most recent grads are not professional their first year on the job, up from 40% of executives who had that view in 2012, according to a recent survey by the Center for Professional Excellence at York College of Pennsylvania. 

The HR Policy Association recently launched a website, jobipedia.org, to provide advice to first-time job seekers about interviewing, resumes and workplace behavior. 

Why some job candidates flunked their interviews:
Taking calls and texting. A male graduate student seeking a managerial position in Avery Dennison's research and development unit took a call on his smartphone about 15 minutes into the interview. The call, which lasted about a minute and wasn't an emergency, ruined his near-certain chance for a job offer, Singel says.
"If he thought that was OK, what else does he think is appropriate?" he says.
• Helicoptering parents. A man in his late 20s brought his father into a 45-minute interview for a material handling job on an assembly line, says Teri Nichols, owner of a Spherion staffing-agency in Brooksville, Fla. At Cigna, a health insurance provider, the father of a recent grad who received an offer for a sales job, called to negotiate a higher salary, says Paula Welch, a Cigna HR consultant.
• Pets in tow. A college senior brought her cat into an interview for a buyer's position at clothing retailer American Eagle. She set the crate-housed cat on the interviewer's desk and periodically played with it. "It hit me like — why would you think that's OK?" says Mark Dillon, the chain's former recruiting director. "She cut herself off before she had a chance."

Original article by  Paul Davidson of USA Today here.

Thursday, April 25

Straighten up!

Weak or Powerful: How Does Your 

Posture Make You Seem?

Practicing your posture before a big meeting may sound silly, but scientists have found that how your stand has dramatic effects on your mood and therefore how you are perceived.



If you came into the bathroom one day to find a colleague standing in front of the mirror, hands on hips, shoulders spread wide, doing her best impression of Wonder Woman about to save the world, your first thought would probably be to back out slowly.

But the truth, according to scientists, is that your silly-looking colleague may be on to something not silly at all. Practicing certain "power postures" can actually have outsized effect on mood and confidence and thus on the impression you make on others.

An in-depth post covering research on and advice around body language on the buffer blog recently highlighted a TED talk by Harvard Business School professor Amy Cuddythat explains the biology and impact of body language.

"Cuddy distinguishes between two different types of body postures. One are powerful poses, and their counter part are powerless ones," buffer's Leo Widrich writes, adding that the difference between the two "goes a lot further than to just change the positioning of your legs or arms. Cuddy explains that inside our bodies, actual changes are happening as our body language changes. These changes largely have to do with hormones."

Power poses, where we spread our bodies wide or lean back in a relaxed, open manner, actually raise testosterone, which it turns out, significantly changes your demeanor. How do we know? Cuddy not only measured hormone levels but also asked research subjects to perform power or powerless poses before interviewing for a job. Those that used power poses prior to the interview were consistently rated more favorably by recruiters asked to evaluate them.
What's the takeaway of all this? If you have a big meeting coming where you need to impress, it might be worth your while to spend a couple of minutes practicing power postures beforehand. OK, it'll probably feel pretty silly, but science says it will boost your confidence, so if you're interested in giving it a try, check out buffer for images of the postures.

And you don't have to take one blog's word for the effectiveness of changing your body language. It's a big theme of Facebook COO Sheryl Sandberg's book Lean In as well. In it she urges women especially to focus on using their body language to convey confidence and power.

-Jessica Stillman, inc.com [original article]

Tuesday, April 23

5 ways to give your résumé a makeover


Fashion and what’s in style change over time—and so should your résumé. What may have been a trendy way to format five or 10 years ago could now be considered outdated. And with technology changing how jobs are found and applied for, being current is more crucial to your job search than ever. Whether you’re just putting together your résumé or feel like your job search is in a rut, take the time to update your résumé’s look with these five tips.
1. Swap out dated categories for modern informationRésumés used to serve as a very different form of introduction than today. While hiring managers used to wonder who you were and what you were looking for, as well as if anybody could vouch for you, today’s hiring process is much more streamlined. “Today, like the understanding of the unspoken objective, everyone knows that a job candidate will provide references when and if they advance to the next stage of the hiring process,” says Karen Southall Watts, business coach, consultant and author.
Instead, find a way to use your résumé’s valuable space more wisely. “The top third of your résumé is prime real estate and should not be home to something as obvious and outdated as an objective statement,” says Watts. “The reader already knows you are looking for a job like the one advertised. It’s better to put a personal branding statement or skills summary in this key area.” Below your contact information, write a short summary of your achievements, years of experience and highlight your skills.
2. Use the latest technology to your advantageWhen designing your résumé, keep in mind both who and what will be receiving it.Bruce Blackwell, managing partner of Career Strategies Group in White Plains, NY, says, “Rule number one is to keep your design simple! Make sure it is compatible with the résumé database programs used by employers and recruiters. Called applicant tracking systems, these programs electronically ‘read’ incoming résumés, parse their keywords and slot them into a database file. Résumés with headers on the name and address lines, with bullet points in the contact area, with fancy lines and other graphic effects, often cannot be read and end up in the garbage.”
Having more than one format of your résumé is crucial to your search. Watts says, “There should be a résumé that works no matter where you need it to go: A printed paper version for traditional employers, a PDF version that can be scanned and a hyperlinked version that ties to samples of your work or your social media links.”

Friday, April 19

Network Like a Millionaire: 6 People Who Determine Your Future

The most successful people in the world have a small, structured network of core contacts. Here's how you can, too.


How many "best friends" do you have? Social scientists say most people count just four friends with whom they can discuss very important matters, but the maximum possible number of such friends is around six. With rare exceptions, it's just not practical for anyone to maintain close, truly meaningful relationships with more than six people.
Super-successful people know this better than anyone. In the survey research I did for my book Business Brilliant, I found that the wealthier you are, the fewer "best business friends" you have. Specifically, when asked to count how many people they closely network with in order to source new business, the average number was 4.8 for millionaires who have a net worth over $30 million and 5.7 for millionaires who have a net worth below $10 million. 

Ordinary middle-class people? They reported an average of 9 close contacts. That's right. The people at the lowest level of financial success counted the highest number of close networking contacts.
The reason is very simple. If you count nine people as very close, the odds are you're not really close to them at all, which means they won't be inclined to offer their close network connections with you. If, on the other hand, you are very close to six highly-connected people, as most super-successful people are, those six people will make their networks available to you, giving you potential access to 36 more people, as well as access to their networks, by which time your effective network numbers in the hundreds.

Tuesday, April 16

Health IT VC funding sees 'torrid' Q1 -- $493M raised so far

Mike Miliard, Managing Editor at healthcareitnews.com

With nearly half a billion dollars raised in venture capital funding for health information technology, the first three months of 2013 represented a "record quarter," according to Mercom Capital Group.
Some $493 million was raised industry-wide, according to Mercom's 2013 Healthcare IT Funding and M&A Report, in twice as many deals as the previous quarter (104, up from 51). There were nearly four times as many early stage deals – 42, up from 14 – compared to the fourth quarter of 2012.
The top deal for Q1 was a $41 million round of funding raised by Salt Lake City-based Health Catalyst, which developsdata warehousing technology. That was followed by $40 million raised by Geisinger Health System spinoff xG Health Solutions, whose data analytics platform is aimed at patient and population-focused care management.
Los Angeles-based NantHealth, which is working on advanced secure fiber networks, cloud computing and wireless technology for care delivery, raised $31 million. Fitbit, a fitness and health tracker company, and One Medical Group, a provider of online primary care services, both based in San Francisco, raised $30 million each.
"The trend we began to see last year of VCs investing in consumer-focused companies like mobile health, telehealth, personal health [and] social health ... has become much more pronounced," said Raj Prabhu, CEO of Mercom Capital Group, in a press statement. "The enormous market opportunity in consumer-focused health has appeared to pique the interest of investors and is likely to continue to grow as witnessed by the surge in VC activity."
More than 100 investors participated in deals in the first quarter of 2013, with ten investors involved in multiple funding rounds. Those with multiple rounds include Blueprint Health, Google Ventures, Maverick Capital, Merck Global Health Innovation Fund, Nike+ Accelerator, Norwest Venture Partners, Oak Investment Partners, Psilos Group, The Social+Capital Partnership and Y Combinator.
On the merger and acquisition front, there were 46 transactions this quarter, according to Mercom. Health information management companies were acquired most, with 22 transactions, followed closely by service providers with 11 acquisitions.
The largest disclosed transaction was athenahealth’s acquisition of Epocrates, which develops mobile medical apps for the point of care, for $293 million. Allscripts’ acquisition of health information exchange and interoperability firmdbMotion, for $235 million, was a close second, followed by JLL Partners’ $123 million acquisition of BioClinica, which develops technology for clinical trial management.

Tuesday, April 9

Feds Want to Extend Stark Law Exception

The Obama administration has proposed two rules to extend protections that allow hospitals to donate electronic health record technology to physicians who refer patients to their facility, The Hill's "RegWatch" reports (Goad, "RegWatch," The Hill, 4/8).
Background

The Stark Law bans payments that are aimed at encouraging referrals to hospitals. In addition, the federal anti-kickback law prohibits payments that are designed to influence care for Medicare beneficiaries.
However, in an effort to encourage physicians to adopt costly EHR systems:

  • CMS established an exception to the Stark Law allowing hospitals to donate EHR software to physicians; and
  • HHS' Office of Inspector General established a "safe harbor" provision to protect such EHR donations from anti-kickback enforcement, provided that the physicians cover 15% of the cost of the EHR technology.
The exceptions to the Stark and anti-kickback laws are scheduled to expire at the end of 2013 (iHealthBeat, 3/29).
Details of Proposed Rules
The Obama administration's proposal includes:
 
In addition to extending the EHR donation protections, the new proposed rules would remove an electronic prescribing requirement from the original rules and adjust language regarding the types of EHR systems that qualify for exceptions (Conn, Modern Healthcare, 4/9).

OIG in its proposed rule said, "We expect these proposed changes to continue to facilitate the adoption of electronic health recor[d] technology" ("RegWatch," The Hill, 4/8).
CMS in its proposed rule said that it is considering extending protections for EHR donations to Dec. 31, 2021, to align with the end of the Medicaid portion of the meaningful use program.

Under the 2009 federal economic stimulus package, health care providers who demonstrate meaningful use of certified EHR systems can qualify for Medicaid and Medicare incentive payments.

Publication, Public Comments
The two proposed rules are scheduled to be published in the Federal Register on Wednesday.
Federal officials will accept public comment on the proposed rules for 60 days after their publication (Murphy, EHR Intelligence, 4/9).


Read more: http://www.ihealthbeat.org/articles/2013/4/9/federal-officials-seek-to-extend-protections-for-ehr-donations.aspx#ixzz2PzgTjelu

Friday, April 5

HFMA Project Points to the Power of BI

Kelsey Brimmer, Associate Editor, Healthcare Finance News

New initiative aims to help hospitals adapt to value-based model

 

Driven by skyrocketing healthcare spending, the Healthcare Financial Management Association has launched Value Journey, a new initiative with 35 hospital systems across the country to identify common challenges, as well as common capabilities, strategies and tactics. For at least one hospital – so far – business intelligence has become a focal point.
During the recent Maine Chapter HFMA Accounting Update conference in Freeport, Maine, Wayne Bennett, CFO at Franklin Community Health Network, FCHN,  in Farmington, Maine, explained how his organization -- one of the hospitals participating in the project -- has been focusing on one facet of the project, the use of business intelligence, to improve clinical and financial performance.
Bennett explained that within the Value Project, HFMA has suggested four common capabilities for hospitals to cultivate in order to adapt to a value-based business model, which includes: people and culture; performance improvement; contract and risk management; and business intelligence.
FCHN began its journey by focusing on a combination of two issues: data warehousing and data integration technologies; and desktop query, reporting and analysis tools for self-service access to information, said Bennett.
“Putting the two together -- data warehousing and desktop query -- allows us to really understand this,” said Bennett.  “Relationships of data drive the business intelligence, and you can stop working off of anecdotal information and focus on straight facts. Really, data intelligence is an evolution.”
The evolution of business intelligence maturity, explained Bennett, begins with production reporting, moves to spreadmarks, and then eventually moves towards data marts and data warehouses, where data is pooled and reports are run off of a common database, rather than separated databases from each department of the hospital.
“We are at the data warehousing period of the evolution, where we are not only working off of one database, but we are also delivering business intelligence dashboards of information and putting more energy on analyzing information, rather than gathering information,” said Bennett.
He explained that FCHN partnered with PowerHealth Solutions, which specializes in hospital data systems for patient costing and billing, to work on getting their hospital data out of specific systems in the organization and into one data warehouse.
The evolution does not stop at data warehousing though, explained Bennett. From data warehousing, organizations can then make the leap to enterprise data warehousing, where “people begin studying the data and working on improving costs and solving problems,” he said.

Tuesday, April 2

10 Things to do Every Workday

by J.T. O'Donnell

I’ve always been focused on performance. I’m a list person. I love the feeling of crossing things off. It makes me feel productive. Plus, consistent productivity has the wonderful byproduct of accomplishing more. Jeff Haden’s recent article on Linkedin summarizes the value of having a daily to-do list beautifully: You don’t wait to do the work until you get the dream job - you do the work in order to get the dream job.
I’ve never shared this list with anyone until now.
It’s the list of ten things I try to do every workday. Yes, there are days when I don’t get them all done, but I do my best to deliver. It has proven very effective for me. They are:
  1. Read something related to my industry.
  2. Read something related to business development.
  3. Send two emails to touch base with old colleagues.
  4. Empty my private client inbox by responding to all career coaching questions within one business day.
  5. Check in with each team member on their progress.
  6. Have a short non-work related conversation with every employee.
  7. Review my top three goals for my company that are focused on its growth.
  8. Identify and execute one task to support each of my top three goals.
  9. Post five valuable pieces of content on all my major social media accounts.
  10. Take a full minute to appreciate what I have and how far I’ve come.
This list could be longer. BUT...
If it was longer, I wouldn’t be as good at getting them all done. This list is manageable to me. Of course, I do more than these ten things every day. But, these are the ten I choose to do with consistency. Why? Over the years, they’ve proven the best way for me to grow my career and my business. The collective results have made completing these tasks consistently; even when I don’t feel like it, well worth it.
What things do you do every day to advance your career or your business?
P.S. If you want to learn more about me and my work, I run this career site,CAREEREALISM, and this Job Search Accelerator Program (JSAP). Plus, to keep myself busy, I just launched this site for executives, C-Suite Insider.