A Newsletter for the Friends and Clients of Turning Point, Inc. Jan 2008, Vol.2


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LEADERSHIP NEWS YOU CAN USE
This issue's featured article is from the Top Echelon Knowledge Base.

"Getting a 'Bad' Reference"
By Anthony Beshara

Most people would agree that no candidate gives the name of a reference that won't give a good one…WRONG! People will say the strangest things at the strangest moment for the strangest reasons.
 
Just because a candidate gets a less than favorable reference shouldn't eliminate him from consideration. The definition of a bad reference has to be clear. A candidate previously accused of stealing or was fired for insubordination, are serious references. There are some poor references, however, that may not be sterling but not poor enough to eliminate the candidate.
 
Take into consideration the level of authority or responsibility the person giving the reference has. A few months ago an employer went to check a reference of a candidate at one of the candidate's previous employer. Most everyone the candidate had worked with had left the firm save one. ...a secretary. She was asked to give a reference on the candidate. Oh boy! She had neither the authority or the responsibility.
 
If a poor reference is given, it's important to be sure of a few things. First, get clear, specific, exact reasons for such a reference from the reference source itself. Be clear of exactly what the references mean. A hazy generalization like "he was an average employee" is just too general. Make sure facts are separated from feelings. How a previous employer feels about an ex-employee is important, but facts as to exactly what kind of an employee the candidate was, mean a whole lot more.
 
Secondly, consider the source. Take into account the personalities, situations, etc., of the reference. A reference from an employer of a candidate seven or eight years ago simply can't give as good a perspective of the candidate's present skills.
A previous supervisor for instance, that only supervised the candidate for six or seven months isn't in as valid a position to give a qualified reference as someone else might be.
A poor reference might be a result of the overall economic condition of the previous employer. It might be a result of practical conditions like the necessity of the ex-employee to all of a sudden have to travel extensively whereas before he did not. Restructuring and reorganization of companies and the redistribution of bosses and personalities can result in incompatible people being thrown together. Separate the emotional aspects from the real business issues.
 
Another dangerous reference to be leary of is the third party reference. This is the person who either works for your company already or is an acquaintance who used to work with the candidate in a previous company or the person who knows somebody who knows somebody who knows somebody who use to work with the candidate... .back in '48! These people often give a negative opinion of the candidate. They have nothing to win or lose by their comments. It is easier and safer for them to say negative things or cast dispersions on the quality of the candidate. They have nothing at stake and want to appear knowledgeable and important. We have seen many candidates eliminated because of these third party opinions. Unfortunately employers listen to these people too often. Our fear of making a mistake in hiring promotes our taking such comments too literally. Remember that it's just too easy to be negative. A decision should not be based solely on their comments.
 
Deeper, more thorough investigation beyond a poor reference will either offset the reference or reaffirm it. It must be emphasized that one poor reference should not totally eliminate a qualified candidate.


Turning Point, Inc.
405 2nd Street South
Suite A
Safety Harbor, FL 34695
(727) 725-8876
(727) 669-8263 (fx)
www.TPISearch.com
tpi@TPISearch.com
GET INVOLVED WITH THE WEALTH ADVISOR INSTITUTE (WAI)
(Unique Sponsorship Opportunities are Available Now)

The Wealth Advisor Institute (WAI) is an association of financial professionals comprising Investment Advisors, Insurance Agents, Attorneys, and Accountants who are committed to serving the affluent and high net worth client by adhering to the highest professional standards, conduct and ethics, with knowledge and objectivity in the delivery of advice, products and services.

WAI is tailored to successful advisors with five-plus years experience and a record of achievement. These advisors are keenly aware of the increasing challenges of staying competitive and distinctive in an increasingly fragmented industry environment and possess the initiative to become true wealth advisors to meet the wide-ranging needs of affluent clients.

WAI targets advisors who aspire to attain the highest level of professional accomplishment and success, who recognize that knowledge and expertise are the key drivers of their ability to attract, retain, support and serve the affluent and high net worth investor.

 

WAI welcomes into its ranks all investment advisors, insurance agents, attorneys, and accountants committed to serving the affluent and high net worth client. Nowhere else in the industry is there anything comparable to the WAI combination of training, education, business development, practice management, and networking with peers.
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  • Website Directory of Allied Professional Members (coming soon)
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To find out more about sponsorship or membership opportunities, please click here or contact Mitch Vigeveno, 727-725-8876 or Mitch@TPISearch.com.

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TURNING POINT PLACEMENTS!
Over the past few months, Turning Point has filled the following positions:
-District Manager with the Retirement Services subsidiary of a Fortune 100 diversified financial services firm.
-Managing Principal for the Phoenix, AZ office of a Fortune 300 diversified financial services organization.
We send our heartfelt thanks to our clientele and hope we can continue to serve your mission-critical hiring needs in the future! 
 
 
TURNING POINT in the MEDIA
Turning Point's President, Mitch Vigeveno, was recently quoted in the Investment Advisor magazine's 2007 Career Guide Oct supplement. Additionally, Mitch received a full side-bar in Broker-Dealer magazine.  Click here for that article on hiring and retaining top producers.

Payroll changes: Past Month Change, Month-over-Month Change and Year-over-Year Change (The first number is the actual change in December from November, the second is the percentage change in December 2007 from November 2007 and the third number is the percentage change in December 2007 from December 2006. All are seasonally adjusted.)
  • Financial activities: -4,000, 0%, -0.2%
    • Real estate and rental and leasing: 2,000, 0.1%, -0.2%
    • Finance and insurance: -5,900, -0.1%, -0.3%
      Staffing Industry Analysts, Inc. Report, Jan. 4, 2008
    CANDIDATES:
    Looking for some great people?  We have placed quality professionals in all the positions listed below as well as many others. Call us at 800-598-3366 and let us help you find exactly the right professional for that critical position with your company!

    Salaried / Sample Positions
    • President
    • Vice President
    • CEO
    • CFO
    • Chief Marketing Officer
    • Regional Sales Director
    • Wholesaler
    • Customer Service Manager
    • Not-for-Profit Executive Director
    • COO/Operations Manager
    • CCO/Compliance Officer
    • Chief Lending/Loan Officer
    • Branch Manager
    • Recruiter/Business Development
    • Portfolio Manager
    • Financial Consultant/Advisor
    • Registered Representative
    • Director of Development/Advancement
    Contracting Services
    Need some temporary expertise?  Turning Point, Inc. can help you find it.  Please review our services for Contract labor services by clicking
    HERE.

    Quote of the day:
     
    "Every moment of one's existence one is growing into more or retreating into less."
    Norman Mailer (1923 - 2007 )
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