What do Steve Jobs, Mark Zuckerberg, our current president and Homer Simpson all have in common? They’ve all worn the same outfit, pretty much every day. Why? It isn’t a coincidence. Jobs and President Barack Obama, for example, are both part of the same-outfit club, but for different reasons. And both are logical, from both a scientific and business perspective. The Science If you notice, Obama wears a blue or gray suit all the time (when he wore a tan suit earlier this year, it nearly blew up the Internet). Why? Here’s the explanation he gave to famed writer …Read more »
Tag Archives: Hiring
Study: Want To Increase Hiring? Elect A Democrat For President (Or Reagan)
Today is Election Day, and since I write primarily about hiring, I wanted to see what correlations there were between politics and hiring. I went into the research with a scientific mind, with no hypotheses or biases clouding my line of thinking, instead just trying to discover what effect politicians have on the overall employment rate, i.e. hiring. And what I uncovered was a pretty strong correlation: in the past 85 years, when a Democrat was president, the unemployment rate dropped; and when a Republican was president, the unemployment increased (with the one, glaring exception being Ronald Reagan). Since 1929, …Read more »
The Critical Lesson SNL Teaches About Hiring Millenials
By any measure, Saturday Night Live is one of the most successful shows of all time. The NBC hit has lasted 39 seasons, won 36 Emmys and nearly two-dozen characters created on the show have been turned into movies (i.e. Blues Brothers, Wayne’s World, Coneheads). And year after year, it is one of the highest-rated shows in its time slot. So what’s its “secret to success”? Well, the most amazing part about SNL is that the only constants about it are success and creator Lorne Michaels. Writers and players have come and gone, the vast majority lasting less than five …Read more »
The 10 Scariest Job Applicants We Almost Hired
We’ve all had it happen before. You get that resume that has everything you’re looking for. Expectations are high. They sounded lucid enough on the phone. But yet you bring the person in for an interview, and after a few minutes, something comes pretty clear: They are completely nuts. Hopefully, you don’t actually hire them. But either way, you have just wasted everyone on your hiring team’s time and now have to deal with a candidate that, in some cases, won’t go away. So who are these people? They are: 1. The Clinger The person comes in, the interview …Read more »
Yahoo’s Wrong: Stars Still Matter In Hollywood
This week, Vulture released its annual list of the most valuable stars in Hollywood, taking a “scientific”, stats-based approach that factored in everything from box office numbers to likeability. The results had Silver Linings Playbook star Jennifer Lawrence at the top spot, just ahead of Iron Man himself, Robert Downey, Jr. In response, Yahoo writer Jordan Zakarin wrote a column arguing that the list is proof that stars in Hollywood are less important today than ever before. Instead, he said it is about franchises, as Lawrence and Downey owe most of their success to movies that had a cult following …Read more »
The Lebron James Economy: A Cautionary Tale
In case you haven’t heard, Lebron James, the best basketball player in the world, is leaving South Beach behind and will play for his hometown team again, the Cleveland Cavaliers, this upcoming NBA season. From a basketball perspective, James instantly turns one of the worst teams in the league into one of the best, as the Cavs now have a legitimate shot at the NBA title. But, bigger than that, Bloomberg reports that the signing of James (a $21-million-a-year cost to the Cavs) is worth $215 million to the city of Cleveland. “He’s a walking, talking economy,” Nick Kostis, owner …Read more »
12 Traits To Look For While Hiring
Everyone wants to hire “purple squirrels,” aka the rare, one-in-a-thousand candidates who catapult companies into the stratosphere. But the question is this: how do you find those people? What should you look for? Well, if you want an ordinary candidate, you can look for three-to-five years of experience, a bachelor’s degree and firm handshake. But if you want a truly extraordinary person, you should look for these 12 characteristics: 1. They Are A Little Crazy Henry Ford ate grass sandwiches as a boy. Albert Einstein didn’t wear socks. Why? Because really innovative and creative people, by their very nature, …Read more »
Mark Cuban is Wrong. If You Work, You Should Get Paid For It
Donatella Versace and Mark Cuban are the most outspoken advocates for it, but there’s a new trend going on in America: large companies wanting people to work for free. Actually, Versace wants you to pay her. There has been a rise recently in the amount of unpaid internships in America, with desperate job seekers willing to do anything to get hired. Some companies have even come under fire by the US Department of Labor for offering unpaid internships, saying they violate the law. Versace took it further than anyone, actually asking $20,000 for the right to be her intern (in …Read more »
3 Actionable Steps To Hiring Smarter
It’s time to say it: the days of screening via the resume, bringing someone in for an unstructured interview and “trusting your gut” to hire is dead. Or at least is should be. There are too many examples out there of companies using data to hire smarter, and those organizations have been hugely successful because of it. Like Netflix, which is approving shows without ever watching them based off of algorithms, and having great success. Or in sports, where the Oakland Athletics are able to consistently field World Series-caliber teams, despite having one of the smallest payrolls in Major League …Read more »
What the CIA’s Ridiculously Intense Hiring Process Can Teach Us
Aside from perhaps running for President of the United States, the most intense hiring process in America belongs to its own Central Intelligence Agency (CIA), which often takes two years. The process will almost certainly uncover your deepest, darkest secrets and use them against you. Along with you undergoing every possible assessment out there, from polygraph exams to personality tests, your family, your exes, your neighbors and your friends will all be interrogated. Along the way, if you lie, or even exaggerate, you’ll be instantly disqualified. Obviously, you can’t take drugs or commit any criminal acts. And you have to …Read more »