Dare to Advance!

Inspirational and motivational bits from The Advance Institute

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Put Psychometric Testing in the Spotlight

If you are a Business Owner, a Business Advisor, an HR Manager, or an individual who dares to advance, you should read this article. Learn why tests of personality and cognitive ability are the right tools to gain insights, find and keep the right talent, when a worldwide talent pool is available to you.

1.      Help ensure fully informed decisions

Psychometric testing is becoming much more common in making recruitment, promotion, or even redundancy decisions. It reveals vital information about candidates which otherwise might go unnoticed. If you haven’t yet done so, use psychometric testing to complement the selection process and make robust decisions; identify the most unsuitable candidates, reduce the ever increasing volume of candidates to a manageable size and select the best people to take through to the next stage. Research evidence demonstrates that introducing psychometric assessments to the process can improve your selection outcomes by 24%.

2.      Gain results that cannot be “fake”

You might have noticed that individuals tend to present themselves in a desirable manner. Therefore, they customize their resumes to exaggerate their achievements, their references are hardly going to be negative, and those shining at interviews are not always the most suitable for the job. Psychometric testing, in contrast, provides more accurate, objective, and measurable indication of a job-relevant characteristic. Without including it in your decisions, there is a greater tendency to rely on more subjective measures; as we are not always as good judges of character as we think we are, mistakes can be costly in both human and financial terms.

3.      Provide equality and fairness for all individuals

Taking the above a step further, psychometric testing enables an individual to be accurately compared with another in a fair and unbiased way. The merit of candidates is equally judged, as psychometric assessments are designed to discriminate between individuals on the basis of their scores not gender, age, sexual orientation, etc. The latter is a key reason behind the satisfaction of candidates with the selection process, to whom psychometric testing looks acceptable and relevant.

4.      Help you identify and reach your full potential

Regardless of your position in an organization, thinking creatively about your employability is crucial especially in the current competitive environment. Take responsibility for your own development within a self-managed career approach in order to be ahead of the competition. Use psychometric assessments and get to know yourself. Understand what makes you unique, how you can develop and what you can offer your current or future employer. Build on strengths, develop your weaknesses, enhance your performance, and work effectively in the context of your position and organization.

Take advantage of psychometric testing now

Psychometric testing is a value-added step in the selection and development process that provides additional objective information about potential and current employees. Use this powerful resource in your occupational procedures for identifying and developing top talent faster and smarter!

 

Elena Hanna

Junior Human Capital Consultant

The Advance Institute

Filed under Psychometric Testing Employee Selection and Development Talent Management




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Your unique self is talented. Communicate it.

No individual has the same DNA disposition or identical life experiences. What defines each one of us is the uniqueness of our self.  Our unique self is the total of our values, attributes, preferences and skills.

It is important to further acknowledge that our unique self is talented. Each and every one of us has a set of talents either inherited or developed during our life span that are exclusive.

Our unique talented self

Think of your group of friends for a second. Isn’t there something that you admire in each one of your friends and wish you were more like them? What makes friends so great in our eyes, is their unique talented self.

Alike, an amazing friend, you and every individual is talented. Talent is what someone can do with ease and feels completely natural. Talent is ability, skill, or competency that a person can apply one’s self without much effort; talent is evident and comes out instinctively, without much effort or thought.

In the business world, talent is translated to the unique individual set of competencies. Those specific competencies when applied to work enable us to thrive in our environments, add value, and help us reach professional goals.

The key to making the most of our talents in any setting is the ability to recognize them and effectively communicate them. Self-awareness is essential in this process. The extent we are aware of our talents, strengths, and limitations will assist us in better managing ourselves and better facilitate reaching our goals.

Communicate it

Our unique talented self is the most powerful tool we have. Let’s make the most of it!

If you are looking to start or advance your career, start your own business, or want to make a change in your life, make sure you have a plan on how to best apply and communicate your talents. Make sure you communicate your talented self using all means available to you.

Invest in designing your personal brand and finalizing your elevator pitch. Make your value disposition known to the world and your personal and professional success is guaranteed!

“A really great talent finds its happiness in execution.” Johann Wolfgang von Goethe

Eleni Demosthenous

Human Capital Consultant - Executive Coach

The Advance Institute

"helping you reach higher"

Filed under Talent Management Personal Branding Personal Development




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Managing people in tough times…Accept the challenge!

The economy continues to be challenging… Layoffs, hiring freezes, pay freezes or cuts, increased responsibilities and hours, changes in benefits and reduction in development opportunities are leaving employees dissatisfied and disengaged.

Have you ever wondered what will happen when the economy stabilizes? A recent study found that 60% of employees intend to leave their current positions and 27% are networking and improving their resumes. These results might alarm and surprise you. The key is to think long term and act proactively!

Clearly articulate your new business strategy. Invest in high impact leadership development and develop leaders that are better able to operate in these times. Encourage them to set up effective communication channels and ensure that all employees have heard and understood the organization’s new commercial position as well as management’s plans. Communication needs to be both at the business level through mechanisms such as newsletters and regular email briefings, and also at the individual level through one-on-one meetings. Keeping employees continuously well informed is considered indispensable to maintaining their mobilization to act positively for the organization, especially when changing priorities. Communication is vital!

Appreciate the positive contribution. Instead of treating employees as if they are “lucky to have a job”, think about creative, non-financial ways of motivating them, such as employee awards or recognition schemes. Show your appreciation with choosing low cost perks and benefits, such as gift cards or a phone and gas allowance, whose cost is certainly less than bonuses or recruitment if top performing employees leave. Use effective and cost-saving practices that are tied to employees’ perception of value!

Promote health and well-being. Recognize the psychological burden that can arise during recession and make sure stress management interventions are in place. Reallocate jobs and responsibilities among the remaining workforce. Increase employee autonomy and control over how work is completed. Re-organize working time; such practice will help both the organization to avoid job losses and employees to balance their work and family lives. Employee health and well-being need to be a business priority in the current financial climate. Healthy employees make a healthy business! 

Now is the time to accept the challenge. Promote a re-energized workforce while reducing your employment cost! 

Elena Hanna
Junior Human Capital Consultant
The Advance Institute

Filed under people management recession




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Remain Calm Through the Storm

Breathe! If your life is not threatened it means you are in an excellent position to act. The key is to act fast and show people around you that you are in control, calm and with a plan in mind. Note that you are not alone and you will prevail under the circumstances with valuable lessons learned.

Act Fast
Crisis management 101, act fast. The first reactions are crucial. Communicate and inform your people that you are aware and alert of the developments and reassure them that the crisis is managed. Remain calm and composed.

Have a Plan
Have a plan of action to handle the crisis in your own organization. Take a look at your value system and with your values in mind, make decisions, draft a strategy, and communicate your plan. Start working towards your plan. Act now and engage everyone in the new action plan. Ensure everyone is in constructive motion.

Support your People
Take the time to talk to your people. Share the fact that everyone is in the same rocking boat. Encourage them to provide support to one another. Ensure your people that you will most certainly prevail through the crisis, as long as you stick together and focused on the task at hand.

Every Crisis is an Opportunity
In every challenging moment of uncertainty and insecurity there is opportunity. Gather people together to discuss and explore the opportunities of such crisis. Be creative in your approach to identify opportunity, dare to challenge the status quo and seize the moment.

Lessons Learned
Any crisis is testament to our limitations, endurance and character. Make sure you reflect and identify the lessons learned from the crisis. Look forward to the future and acknowledge how the lessons learned made you a more quick-witted professional more experienced to run a highly effective operation or business.

Eleni Demosthenous
Human Capital Consultant – Executive Coach
The Advance Institute


“Helping you Reach Higher”

Filed under crisis management support




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Employee Dedication

All companies, including yours, want to understand the process of building Dedication within their employees. Dedicated employees are a result of the ability to “release the knowledge, experience and motivation power within people.” (Ken Blanchard, John P. Carlos, and Alan Randolph: “Empowerment Takes more than a Minute.”)

The above authors argue that Dedication can be achieved through three courses of action:

Share Information with your employees. Meaning that throughout the period of their employment in your company all employees should be exposed to consistent transparency of information within the organization. Doing so will build an unprecedented level of trust between the employer and your employees.

Create Employee Autonomy. Increased autonomy creates a much stronger sense of responsibility over the work your staff is assigned to, which in turn increases their sense of ownership. As a result, your employees will invest more of their energy, effort, and competence into their work, significantly increasing their productivity and job satisfaction. 

Replace the Old Hierarchy with Self-managed Teams. Companies following old, mechanistic management hierarchies consist of functional and departmental segments. These types of structures cause all communication within an organization to move in slow motion, pushing customers to lose their patience and take their business elsewhere. In empowered organizations employees are delegated the authority to solve a problem when and where it arises. In place of long organizational hierarchies and disunited departments, independent self-managed teams take the specialists from all necessary industries and focus on problem solving to develop and/or market their attributed product. As a result, an organization becomes more customer-oriented and customer satisfaction skyrockets.

These are just some of the approaches that bring companies closer to a dedicated workforce. A workforce that produces optimum results for the customer, and thus the organization.

Employees are partners not tools, treat them as such!

Nick Angelides

Trainee Consultant

The Advance Institute

Filed under Employee dedication




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Taking Action Breeds Confidence

Dale Carnegie said it best:

"Inaction breeds doubt and fear. Action breeds confidence and courage. If you want to conquer fear, do not sit home and think about it. Go out and get busy.”

The sooner we act on our thoughts, our needs and wants the better we will feel about who we are and about what we strive to achieve.

Taking action empowers us. The feedback we receive from taking action gives us confidence and courage to keep on trying to accomplish our goals and fulfill our dreams.

Let’s try to stop debating if we are right or wrong, if it’s the best approach or not, if we will succeed or fail and just ACT!

The actions we do take we will give us the feedback we need to take further action. Our confidence grows and a world of possibilities opens up.

TAKE ACTION!

Filed under Taking Action Confidence




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Reach Higher by Exercising the 3 P’s

If you are starting a new venture, making a new beginning, setting goals, or facing a new challenge you can definitely benefit for practicing the 3 P’s. The mastery of the 3 P’s can help you reach your goals and objectives. Give the 3 P’s a try and surprise yourself!

Persist:  Along the way of aiming to accomplish your goals you may be faced with opposing ideas, people, and situations. Believe in yourself and in what you are trying to achieve and continue firmly in spite of the opposition. Explore ways you can manage the opposition. Don’t give up, stay on course and continue. Persistence can be the foundation of your success.  

Persevere: Having a purpose and holding on to it no matter the difficulty, the obstacles, and the challenges you’ve faced through time, it means you’ve persevered. When you insist in what you aim and systematically pursue it, it is only a matter of time before you have succeeded in our efforts. Perseverance can be a key practice in achieving your goals and objectives. Go for it!

Prevail: Once you have persisted and persevered, now it’s time to triumph! Now, you can conquer and reach the final stage of what you have been fighting for. Prevailing includes successfully practicing influence and persuasion to gain something and get your way. Try it, you may persuade others better than you think! 

Filed under reach higher persist persevere prevail




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The launch of The Advance Institute

We welcome you at The Advance Institute Blog!

Please help us celebrate the beginning of an organization with a mission to inspire, educate, and service people and organizations reach new levels of success who never thought possible. 

We are making our mark in the Cyprus market and abroad and we are proud to offer new types of services and scientific approaches to developing people and organizations.

Our methodology is simple but highly impactful. We always begin with a thorough analysis and by the use of different tools; we collect data and analyze them before offering a solution to our clients and/or their organizations. We value the uniqueness of each individual and each organization and we consult and coach them based on their needs and their future goals. 

Filed under launch company