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1:07
Welcome to episode 473 of
1:10
the Brainy Business, understanding the
1:12
psychology of why people buy. In
1:14
today's episode, I'm excited to
1:16
introduce you to Barry Conchy and
1:18
Sarah Dalton, co -authors of The
1:20
Five Talents That Really Matter. Let's
1:24
get started. You are
1:26
listening to the Brainy Business
1:29
Podcast, where we dig
1:31
into the psychology of
1:33
why people buy and
1:35
help you incorporate behavioral
1:37
economics into your business,
1:39
making it more brain-friendly.
1:41
Now here's your host,
1:43
Molina Palmer. Hello,
1:45
hello everyone. My name is Melina
1:47
Palmer, and I want to welcome
1:49
you to the Brainy Business Podcast.
1:52
In today's conversation, I am joined
1:54
by two guests, Barry Conchie and
1:56
Sarah Dalton. Barry is the founder
1:58
and president of Conchie. He is
2:00
an expert in psychometric
2:02
talent assessments, leadership research and
2:04
development, team building, and
2:07
succession planning. Barry consults with
2:09
company boards, CEOs, and
2:11
leadership teams of leading organizations
2:13
across the globe and
2:15
researches leadership effectiveness and decision
2:17
-making heuristics. Sarah is a
2:19
partner at Conchi Associates.
2:21
She has worked extensively in
2:24
developing processes and training
2:26
teams across a variety of
2:28
industries and has managed complex
2:30
operational logistics for a
2:32
global company. Leaders and
2:34
managers partner with Sarah to
2:36
better understand the attitudes and
2:38
behaviors that drive performance and
2:40
how to select for talent
2:42
in the hiring process. She
2:44
is an expert at training
2:46
teams on interpreting talent assessments
2:48
and using those insights to
2:50
facilitate a superior candidate experience,
2:52
greater confidence in hiring decisions
2:54
and world -class performance across
2:56
all levels of an organization. Based
2:59
on their research of over 58 ,000
3:01
executive leaders in a variety of
3:04
industries, their book The Five Talents
3:06
That Really Matter, How Great Leaders
3:08
Drive Extraordinary Performance, dispels the fluff
3:10
in leadership literature, unveiling the traits
3:12
and characteristics that truly determine high
3:14
performance leadership. That is, of course,
3:16
what we are here to discuss
3:19
today. Now really quickly, before we
3:21
get into the conversation, I want
3:23
to be sure you know that
3:25
there are links in the show
3:27
notes for my top related past
3:29
episodes and books, ways to get
3:31
in touch with Barry and
3:33
Sarah and myself and more. It's
3:36
all within the app you're
3:38
listening to and at thebrainybusiness .com/473. Now
3:42
let's jump right in. Barry, Sarah,
3:44
welcome to the Brainy Business Podcast. Thank
3:47
you, Melina. Good to meet you, Melina. Yes,
3:51
I'm so excited to be here with
3:53
you today. I've really enjoyed reading your
3:55
book and learning more about your work.
3:57
Before we jump into talking about, you
3:59
know, what's in that amazing content. For everyone
4:01
who doesn't yet know you, can you
4:03
share a little bit about yourselves and the
4:05
work that you do? So
4:07
Barry and I run a consulting
4:09
business and we specialize in measuring
4:12
talents and people that drive the
4:14
highest levels of performance, no matter what
4:16
the job that they do. And
4:18
we wrote a book summarizing
4:20
all of our research into what
4:22
drives more effective leadership. Right.
4:25
So will be talking about that
4:27
today, but Barry and I have been
4:29
partners now for going on nine years.
4:32
Yeah, we work with companies to
4:34
help them resolve difficult selection
4:36
decisions, particularly. So if you think
4:38
about roles across the entire
4:40
spectrum of an organization, although our book is
4:42
about leadership, we know we focus on
4:44
all levels. And
4:46
the purpose of
4:48
that is to try to help organizations
4:51
pick the best people. And you know,
4:53
we don't need to spend a ton
4:55
of time talking today about how difficult
4:57
that is and how companies often get
4:59
it wrong. You know, you just look
5:01
at the news over the last month,
5:04
and I've read a dozen articles
5:06
about big CEOs losing
5:08
their jobs. So there were
5:10
12 occasions that I'm aware of
5:12
in the last month, where boards
5:14
got selection decisions wrong. So we
5:16
try to partner with boards to pick
5:19
CEOs who are more likely to succeed.
5:21
And then in all the other roles
5:23
in an organization to do the same
5:25
for those. Yeah.
5:28
And as we know, like you said,
5:30
don't need to talk about why
5:32
that is, you know, so harmful for
5:34
companies, especially as you get higher
5:37
up into organizations, right? If you get
5:39
it wrong, one, it's really expensive. And
5:42
of course, there's so
5:44
much just, you know,
5:47
the cognitive strain for different
5:49
team members and the stress
5:51
of, you know, transition that if
5:53
you can, and you lose,
5:55
you know, really valuable time for
5:57
an organization. So that and a
5:59
million five other reasons for why
6:01
it matters to get selection right.
6:03
I was really fascinated in the
6:05
book as you were talking about
6:07
the process you went through in
6:09
doing your research around this. So
6:11
as you share a lot, you
6:13
know, a lot of the advice
6:15
that's out there is kind of
6:18
in an end of one, you
6:20
know, my opinion is this sort
6:22
of space. And it was really
6:24
just fascinating to hear about your
6:26
process. Can you share about all
6:28
the work that you've done to
6:30
help make this a much more,
6:32
you know, quantifiable science of
6:34
hiring, you know, versus like I
6:36
said, that sort of my
6:38
gut says X, Y or Z. Well,
6:41
I think on the end of one
6:43
idea, Melina, we
6:45
aren't good at picking people either. I
6:47
mean, ourselves. So we don't
6:49
have any special powers
6:51
there or I, but we
6:54
are very good at
6:56
researching and building tools that
6:58
help narrow the error
7:00
rate in selection decisions. So
7:02
we started by defining
7:04
leadership performance and the success
7:06
that we wanted to study
7:08
in really successful leaders.
7:10
So we looked at three
7:12
characteristics. We looked at
7:14
measurable impact on financial process
7:16
measures in organizations. We
7:18
wanted to study people who number
7:20
one in their organization. We wanted to
7:22
study leaders who did that the
7:25
right way because you can achieve good
7:27
performance by bullying people and doing
7:29
nasty things to them. We
7:31
don't like that. We want leaders who
7:33
do it the right way. And therefore
7:35
we wanted to study leaders who were
7:37
in the top quartile of a credible
7:40
global measure on employee engagement because that would
7:42
be a good indicator that at least
7:44
we were treating people the right way. But
7:46
then the third criteria was the most
7:48
difficult and that is to achieve the first
7:50
two criteria for at least three consecutive
7:52
years. And the reason
7:54
why that's difficult is because businesses
7:56
go through different cycles. The economy
7:58
goes through cycles. But we didn't
8:01
want just to study people who
8:03
were riding the crest of a
8:05
way. We wanted to study people
8:07
who could deliver during the tough
8:09
times as well as the good
8:11
ones. So we looked at the
8:13
three timespan as the best indicator
8:15
of that. Then when we found
8:17
100 people who met those criteria,
8:19
which wasn't easy, we studied the
8:21
heck out of them. We put
8:23
them under the microscope. We put
8:25
them through a whole range of
8:27
other assessments as well as our
8:29
own. We observed them in team
8:31
meetings. watch them carry out one-on-one
8:33
reviews. We looked at them on
8:35
a stage to see how they
8:37
presented to others. And then we
8:39
looked at how they solved difficult
8:41
problems, the kind of questions that
8:43
they asked the process that they
8:45
went through. And we distilled from
8:47
all that knowledge the characteristics that
8:49
went into what we described in
8:51
the book, which is the assessment
8:53
that we built that predicts. more
8:55
leaders who look to have those
8:57
kinds of capabilities. And once we'd
8:59
achieve that and we built our
9:01
database up, then we thought, we
9:03
got to tell the world about
9:05
this. That's where the book came
9:07
from. I love that. And you
9:09
say, you know, you said here,
9:11
it was hard to find 100
9:13
people. I think it is that
9:15
met the criteria. I think people
9:17
will be surprised how many... People
9:19
you had to evaluate through to
9:21
get to 100. I think it's
9:23
even more than we might realize
9:25
thousands. Thousands. The thing to think
9:27
about Molina is this. Exceptional leadership
9:29
is extremely rare. And I think
9:31
it's really important people recognize that.
9:33
It's beyond the reach of the
9:35
vast majority of people. And I
9:37
think people just need to level
9:39
set themselves against that reality. Exceptional
9:41
leadership isn't in the reach of
9:43
everybody. In fact, it's not in
9:45
the reach of most people. It's
9:47
in the reach of a tiny
9:49
number of people and what we
9:51
try to do is find out
9:53
who those people are. Now that
9:55
doesn't mean people can't use our
9:57
analysis and figure out how to
9:59
improve. It's that everybody has a
10:01
limit and the limit for most
10:03
people is that they won't be
10:05
outstanding organizational leaders and our assessment
10:07
tries to figure that out. Definitely.
10:12
So, of course, in the spoiler
10:14
alerts of the world, you've
10:16
boiled it down to five talents
10:18
that matter when it comes
10:20
to this. Can you share a
10:22
little bit, I guess, first,
10:25
how you define a talent and
10:27
then sharing a little bit
10:29
about what goes into those criteria,
10:31
those sections? When you
10:34
typically hear people talking about talent,
10:36
it's in really generalized ways, right,
10:38
where I could be really talking
10:40
about anything. The important distinction
10:42
for us is that
10:45
talents are, talents are
10:47
innate, right. They are
10:49
born into who we are
10:51
as people. They are patterned into
10:53
how we think. Talent
10:55
tells us about the things
10:57
that people consistently do really
10:59
well to an incredibly high
11:01
standard, sometimes without having to
11:03
try very hard. The reason
11:05
why we look at talent
11:07
in terms of predicting effectiveness
11:10
in a role is, again,
11:12
they are stable. They are
11:14
resistant to change. They are
11:16
highly predictive of how people
11:18
ultimately behave. So, an
11:20
issue with a lot of assessments
11:22
out there is they are personality
11:24
-based. It's really difficult to get
11:27
a stable or a good prediction
11:29
around how people are going to
11:31
behave if you're just looking at
11:33
personality. An example of
11:35
that, if I were to ask
11:37
you to describe an extrovert, right,
11:40
everyone can figure out 15
11:42
different ways of characterizing that,
11:44
but it's really difficult for
11:47
what you can't always do
11:49
with, say, extroverts always behaving these
11:51
ways in all situations. So talents
11:53
are much more narrowly defined
11:55
than what you get with
11:57
broad descriptors like extroversion. They
12:00
capture things like discipline
12:02
and detail orientation. And when
12:04
you get people who are highly
12:07
disciplined, buttoned up, there's a
12:09
process for everything. They've got
12:11
ways of organizing things in their
12:13
mind where details don't go missed,
12:16
right? When you get really strong
12:18
evidence of talents like that, people
12:20
can't shut it off in themselves.
12:23
You can't tell a disciplined, structured person
12:25
to just go out and wing
12:27
it, that they don't need all
12:29
details. So sometimes a talent like
12:31
that, it's a differentiator between really
12:34
high performers and people who are
12:36
just kind of average or mediocre.
12:38
So in our world, talents are
12:40
massively predictive of how people behave.
12:43
And then again, all the research that we
12:45
do is what talent for the matter
12:47
in specific roles. So when we're
12:49
looking at effective leadership, we've kind
12:51
of centered around five broad talents.
12:54
One of those, when you look
12:56
at what leaders need to do,
12:58
they've got a set direction in their
13:00
business. So leaders need to have
13:02
a way of looking at all
13:04
the goals and opportunities in front
13:06
of them and figuring out what
13:09
it is that they're going to do.
13:11
So the talent of setting direction
13:13
is all the thinking that plays
13:15
out before we just make up our
13:17
mind and say we're going to do
13:19
this. Right? Another talent that we
13:21
look at is what drives and
13:24
motivates a leader. Because I need
13:26
people in these positions who
13:28
set high standards for themselves
13:30
and other people. They've got
13:32
to harness all of the
13:34
energy in their organization and
13:36
drive people to the most
13:38
productive outcomes. The third and
13:40
fourth talents that we look at
13:43
and talk about in the book
13:45
are around how you how you
13:47
exert pressure and influence people to
13:49
do things So if I'm in a
13:52
leadership role I've got to be
13:54
able to break through resistance
13:56
in my organization and push
13:58
people to do what? is right. So
14:00
we've got to be able to
14:02
influence people. We look at that
14:04
as a leadership talent. Fourth is
14:06
about how you build connectivity in
14:08
your organization. Now if you think
14:10
about a company and all of
14:12
the people in it, you can
14:14
almost look at that as a
14:16
kind of social network where there
14:18
are bonds in connections that exist
14:21
between people, right? And what we
14:23
found is that the stronger those
14:25
bonds are. the easier information flows,
14:27
things happen easier at a company
14:29
where people have good relationships with
14:31
each other, and leaders really need
14:33
to drive that kind of connectivity.
14:35
So we look at that as
14:37
its own leadership talent. And then
14:39
fifth is, you know, the first
14:41
one that we talked about is
14:43
about setting direction. It's thinking about
14:45
what we could do. The final
14:47
talent that we talk about in
14:49
the book is around how you
14:51
control traffic, how you set the
14:53
right guardrails up so that things
14:55
get done in more predictable ways.
14:57
So controlling traffic as a talent
14:59
is about how you put the
15:01
right systems and processes in place
15:03
that enable things to just get
15:05
done. Right? So those are kind
15:07
of broad descriptors of what leaders
15:09
do. And then within each of
15:11
those five areas, we talk about
15:13
all the different characteristics that we
15:15
find and really successful leaders, because
15:17
they won't all do it the
15:19
same way. Definitely. And I love,
15:21
thank you for giving that great
15:23
summary there, Sarah. And of course,
15:25
you know, good news, there's a
15:27
whole book, you can read more
15:29
about each of those five things,
15:31
right, and how they come together.
15:33
And you know it's an important
15:35
point like you said there so
15:37
you found from your hundred people
15:39
and as you said that these
15:41
are the five areas but not
15:43
everyone's going to do them exactly
15:45
the same way it's not going
15:47
to show up in the same
15:49
way for every role and so
15:51
for someone who maybe doesn't even
15:53
know like I'm just being exposed.
15:55
to these five
15:57
things. I've never
15:59
really thought about
16:01
them before. How
16:03
do I start to analyze
16:05
whether I myself have any
16:07
of or all of these
16:10
qualities? And if the people
16:12
on my team have them, right?
16:14
If I haven't thought about them, where do
16:16
you advise people kind of start in that process?
16:19
The book goes into a lot of detail
16:21
about how to do that with respect to
16:23
yourself. So, you know, we
16:25
pose pretty powerful, reflective questions
16:27
to say, look, as you
16:29
consider this particular talent. And they're
16:32
fairly broad descriptors. So there's
16:34
some variance within each of those
16:36
talents that, you know, we
16:38
try to drill into so that
16:40
people can help potentially identify
16:42
those characteristics in themselves. So those
16:45
self -reflection questions help them a
16:47
little bit. And similarly, we
16:49
ask them to apply those questions
16:51
to the observations they make of other
16:53
people. But the caveat we put
16:55
around that is that people
16:57
are largely influenced to a
16:59
big degree by
17:01
likability. And
17:03
therefore, the only real way of
17:05
definitively answering that question is
17:08
through an assessment, where
17:10
it isn't me making a judgment
17:12
on you. It isn't contingent on
17:14
me getting my assessment of you
17:16
accurate. The assessment can do it
17:18
for you. So, you know, one
17:20
of the things that people can
17:22
do, we open this up at the end
17:24
of the book, is we give them the chance
17:26
to take this assessment after they've read
17:28
the book. So they can
17:31
actually get very accurate
17:33
information about how to measure their
17:35
strengths in each of these
17:37
areas. It's a little hard for
17:39
some people because we're very honest
17:41
in the book. We don't pull any punches. And
17:45
one of the ways that we illustrate that
17:47
honesty is by right out of the gate
17:49
saying, we've yet to find a leader who's
17:51
strong in all five areas. We
17:53
haven't found one yet. Our database,
17:56
when we wrote the book, was
17:58
58 ,000. It's now about 61 ,000. We've
18:00
yet to find a person who's good at
18:02
everything. And yet, if you were to ask
18:04
leaders and interview them, there are quite
18:07
a few people who think they're good
18:09
at everything. And so that's why the
18:11
self-reflection is a little unreliable, and
18:14
that's why we encourage people, look,
18:16
if you're really serious about your
18:18
leadership development, it's as important to
18:21
know what you're not as good
18:23
at, as reaffirm the things that
18:25
you are good at. And therefore,
18:27
that's why we opened up. the
18:29
assessment and I think that's a
18:31
big differentiated because there aren't we can't
18:33
find another way outside of those
18:36
generalized personality assessments that Sarah
18:38
mentioned before of getting a
18:40
really good read of your
18:43
future leadership potential and we're
18:45
very honest with people when they
18:47
take the assessment we'll say look
18:50
we don't think top leaderships
18:52
for you so rather than encourage people
18:54
and give them false hope or as
18:56
we put it. lying to people about
18:58
their future capability just to
19:00
make them feel good about
19:03
themselves. We'll tell them the truth.
19:05
Yeah. Well, and I think in so
19:07
many ways, there may, you know, it
19:09
doesn't mean that they'll never be successful
19:11
in any role, right? But it's being
19:14
able to help someone to see, hey,
19:16
you're not going to like this, it's
19:18
going to be really hard, like it's
19:21
not going to be that right fit,
19:23
but there may be a role that,
19:25
or there is, you know, there are
19:27
several other options of roles where you
19:30
can excel that maybe aren't just being,
19:32
you know, the CEO of a
19:34
Fortune 500 company, right, like that's
19:36
not going to be, be it. It
19:38
feels like it's relatively recent that
19:41
companies are getting smarter about the
19:43
need to develop. kind of individual
19:46
contributor level expert tracks where it
19:48
isn't the only way that you're
19:50
going to gain status and more
19:53
money in your career that you
19:55
start managing people and climbing that
19:57
ladder. The reality is that Most
20:00
people aren't cut out to manage and
20:02
lead people, particularly not at the highest
20:04
levels of the company. So like Barry
20:07
said, if we keep lying to people,
20:09
or we keep making it seem that
20:11
that is the only option if you
20:14
want to grow, then it just pushes
20:16
more people towards that. So what, again,
20:18
I'm really encouraged by some of the
20:21
discussions that I've seen around, is there
20:23
a different way? How do we keep
20:25
challenging and developing people if it isn't
20:28
in leadership? Very recent. Yeah. In
20:30
the book we shared data that
20:32
indicates that 80% of managers shouldn't
20:34
be in the job. Now that's
20:36
not just our own research. We
20:38
share third-party research that shows
20:40
pretty conclusively that people fall
20:43
into management and leadership positions
20:45
by accident and they wake
20:47
up one morning and they're
20:49
miserable. So to your point,
20:52
not everybody's cut out to be a
20:54
leader, so there's a roll out there for
20:56
somebody. And what we try
20:58
to do is to say, look,
21:00
it might not be leadership. Now,
21:02
one of the options that we
21:04
offer in taking our assessment is
21:06
that Sarah gives a candidate feedback.
21:09
So she gets on the phone
21:11
or the video and she goes
21:13
through their assessment. And part of
21:15
that conversation may well be, look, sure,
21:17
you can keep trying to climb
21:19
the corporate ladder if you
21:21
want. You're going to reach
21:23
a level where you're utterly
21:26
miserable. And then you're going
21:28
to inflict that misery
21:30
on everybody that you work with
21:33
for free. You know, you don't charge
21:35
for it. You know, you just give
21:37
it for nothing. And it
21:39
destroys people. It destroys careers.
21:42
It destroys families. It
21:44
increases stress. Now I remember
21:47
talking to a teacher of
21:49
one of my children of American
21:51
school. I came over from the
21:53
UK in 2000. I sat
21:55
down with this teacher, I said, you don't
21:58
look at all you're having fun. And,
22:01
you know, she kind of blasted a little
22:03
bit, you know, she was obviously highly, highly
22:06
stressed. And I looked at her
22:08
in the face and said, what right have you got
22:10
to be miserable with children? And
22:12
that was a rather sharp comment. But
22:15
I said, there's got to be a role that makes you
22:17
happy. What puts a smile
22:19
on your face? Because it isn't teaching.
22:21
And we have to have those
22:23
conversations with people, in companies who are
22:25
managing other people. They've
22:27
got no right to
22:29
come into an organization
22:31
and inflict mediocre management
22:33
on the people in their charge. Now,
22:36
we used to call this the beta principle, where
22:38
people were promoted to
22:40
their level of incompetence. That
22:43
applies to 80 % of
22:45
managers across companies
22:47
around the world. We've got to get
22:49
real about it. And what we
22:51
tried to do is to correct that
22:53
statistical anomaly. Yeah, I
22:55
mean, it's, it's
22:57
very, I will
23:00
say, like humbling and hearing it
23:02
that way, right, as we
23:04
know, we of course have some
23:06
of that optimism bias problem
23:08
for ourselves and wanting to, you
23:10
know, say that's not me,
23:12
right? Everybody's going to say, oh,
23:14
good. Yeah, that other 80 %
23:16
is the problem, right? Like, that
23:18
can't possibly be me. We
23:21
know we want to be trying to
23:23
take a more, you know, honest look
23:25
and know that it shouldn't be the
23:27
goal to rise up until we're miserable,
23:29
right? We should be feel
23:32
enjoying the work we do. That
23:34
is possible for all of us, whatever.
23:36
And there can be a role for
23:38
everyone, which is good. So as people
23:40
are looking and if we are saying,
23:42
okay, we're going to be finding, like
23:45
you said, with those five talents, you
23:47
haven't found someone yet that has, you
23:49
know, exceptionally is doing all five of
23:51
those things. I also really appreciate in
23:53
the book, you talk about not trying
23:55
to. It's not the things you're weak
23:58
at that you need to focus. on
24:00
those necessarily, like this weakness and strengths
24:02
conversation. So what does someone do if
24:04
they find, like, is it, do I
24:06
need four, is being really good at
24:08
two of them enough, are some of
24:10
them most important, you know, how do
24:13
we go about understanding, you know, what
24:15
we're trying to do, if we're just,
24:17
and we can say just looking kind
24:19
of for ourselves. Well, let me, let me
24:21
give you a few thoughts and then I'm
24:23
going to ask Sarah to fill in a
24:25
few more of the details of the details.
24:27
And five is beyond reach. So between
24:30
two and five, we've got to
24:32
find out a workable blend. And
24:34
the answer isn't for people to try
24:36
to become brilliant in areas where
24:38
they're not very good because we
24:41
know what the success rate looks
24:43
like. You know, if you want a real
24:45
illustration of that, you know, have
24:47
you ever come across a person
24:49
who couldn't deliver a tough message? Right?
24:51
And we all have. And then the
24:54
question is, did training solve it?
24:56
and the answer is always no. Because
24:58
we're talking about traits and
25:00
characteristics at the level of the
25:02
brain and they are very very difficult to
25:04
change. So we do things like say well
25:07
if you're going to go in for a
25:09
tough meeting with an employee write down what
25:11
you want to say so they write it
25:13
down but then when they deliver it they
25:15
sugar-coated. So what we then say is okay
25:17
write it down talk them through and then
25:20
give the piece of paper to them afterwards
25:22
so they sugar coat what they write down.
25:24
Right, but they just can't seem to
25:26
deliver that kind of tough message. And
25:28
our five talents are like that. And
25:30
so one of the best things to
25:33
do is to build partnerships. And you
25:35
mentioned in an earlier question about the
25:37
team component, you know, not just how
25:39
you look at yourself, but how you
25:41
look at other people. You know, you
25:44
might not be capable in one area where
25:46
one of your team members is brilliant.
25:48
Well, that looks like
25:50
potential for an optimized
25:52
relationship. The problem is. that all
25:55
the effective leadership research
25:57
into the way people fly. to
26:00
other people is that they tend to pick
26:02
people like themselves. Now they deny this, you
26:04
know, you say to a person, do you
26:06
pick people like themselves? They say, oh no,
26:08
we don't do that. But then you, you
26:11
know, we come along and measure them and
26:13
it's as though we found, you know, a
26:15
little community in Western Nebraska that humans still
26:17
haven't discovered yet. They're all very similar to
26:19
each other. And so what we have
26:22
to do is encourage people to look
26:24
for more diverse capabilities than the people
26:26
that they bring on to their team.
26:28
That's where the assessments can help. Yeah,
26:30
Sarah, do you want to add or
26:32
build on that? Any thoughts? Yeah, just
26:34
talking about the issue of likeability, when
26:36
you think about what happens when you
26:39
get two people in a room together.
26:41
The goal is, can I build
26:43
up chemistry with this person? Can I
26:45
see myself working with them? Do I
26:47
like them as a person? And it's
26:50
when those judgments start to play
26:52
out that people end up picking
26:54
people like themselves. So part of
26:56
the value in the research that
26:59
we do and the assessments that
27:01
we build is that we are
27:03
broadening a company's understanding of what
27:05
talents actually predict effective leadership. Because
27:08
without that, again, people are thinking
27:10
in their minds, well, these are
27:12
the talents that made me successful.
27:14
I've got a really strong work
27:17
ethic. I'm really organized. I'm more
27:19
outgoing and gregarious. And so
27:21
the talents that made me
27:23
successful must replicate. you know, when
27:25
I see that replicated in other
27:28
people, I develop a reference for
27:30
it without even realizing it. And
27:32
when we study really effective leaders,
27:34
when we study really good people
27:37
in any role, again, they do
27:39
things in different ways, sometimes dramatically
27:41
different from each other. So
27:43
we try and build up a
27:45
model that's flexible enough to highlight
27:48
some of those differences, so that
27:50
when I've got an action-oriented, energize
27:52
our bunny and a leader over
27:54
here and someone comes along who's
27:57
way more thoughtful and deliberative and
27:59
slower to react, then we can
28:01
actually put a measurement and some
28:03
understanding to the characteristics that they
28:06
might not be picking up in the
28:08
room, right? But the first thing we've got
28:10
to do is really understand who are
28:12
our best people, how do they achieve
28:14
their success? And when you find really
28:16
good people, you just find that sometimes
28:19
they do it in very different ways
28:21
from each other. So I think that's
28:23
where assessments can just bring out
28:25
a ton of value in educating
28:27
people. about how other people think
28:30
that are different to
28:32
themselves. And Molina, we
28:34
want to enlist your help, but
28:36
we need a lot of help
28:39
in this area. We'd like
28:41
to remove the term chemistry as
28:43
part of the evaluation
28:46
between people because it's one
28:48
of the worst terms I
28:50
hear hiring managers and
28:52
executives use. as an excuse
28:54
for making about hiring decision.
28:56
Oh I felt this chemistry
28:59
with the person. At that
29:01
point all the alarm bells
29:03
should be ringing because chemistry is
29:05
horrible. What it really means
29:07
is I found someone that's
29:09
like me and it doesn't need
29:11
me to point out the diversity
29:13
challenges at the top of most
29:16
organizations, the lack of female leaders
29:18
or lack of minority leaders. And
29:20
all you have to do is
29:22
to think back to what chemistry
29:24
means in those circumstances. We know
29:26
exactly what it means because we
29:28
can measure the outcome. I think
29:31
that's such an important point.
29:33
As someone who once was told
29:35
I couldn't be promoted and shouldn't
29:37
be at a spot because I
29:40
wasn't nice enough and it was
29:42
a very nice culture. And I
29:44
brought, you know, you'd ask questions
29:46
and, you know, it's like I
29:49
wasn't always just saying the nice
29:51
thing or whatnot. So I get
29:53
that, some of that piece, right?
29:55
But, and I think I'm pretty
29:57
nice. I think people would. But
30:00
anyway, with that, I'm curious about
30:02
this balance between, because I totally
30:04
get the chemistry thing, like, right?
30:07
And people are also, I think,
30:09
the natural pushback, and potentially you've
30:11
heard this a ton of times,
30:14
right? But is this, but we
30:16
need people who are a good
30:18
cultural fit. and to evaluate if
30:20
they're a cultural fit is going
30:23
to be, you know, that's chemistry.
30:25
Do they get along with the
30:27
team? You know, how does that
30:30
kind of come together? So what's
30:32
the balance for people where
30:34
we do want to make sure that
30:36
there is a good corporate culture? You
30:38
know, how do we bring that
30:40
all together? Well, we start
30:43
by shifting people's perception of
30:45
what culture is. We talk a
30:47
lot about... high performing organizations
30:50
and you build high
30:52
performing organizations by people
30:55
completing roles to world class
30:57
standards. So we select people
30:59
who can contribute superior
31:02
performance to an organization. Now
31:04
to me, that's a really
31:06
important cultural attribute, high
31:09
performance. So if that's the
31:11
arbiter, then we're not talking about
31:13
social connectivity. We're not
31:15
talking about likeability.
31:17
Both those elements, by the
31:20
way, lead to us picking people like
31:22
ourselves. We're focusing on the
31:24
traits and characteristics that enable
31:26
a person to perform at
31:28
the highest standards. And one
31:31
of the questions that we force
31:33
executive leaders in
31:35
particular to consider is could
31:37
you ever imagine appointing a
31:39
person you actively dislike? The
31:41
answer should be yes. And as I
31:43
think back on my career, I've worked with
31:46
quite a few people I didn't like,
31:48
but my goodness, some of them were
31:50
really good for me. And these are people
31:52
I'd never take out for a cup of
31:54
coffee. I would never call them my friends,
31:56
but some of the work we
31:58
did together was phenomenal. They made
32:00
my brain hurt. I didn't
32:02
like them. They probably didn't
32:05
like me. In fact, that's
32:07
a racing certainty, right?
32:10
And we've got to make
32:12
that okay. So what we
32:14
can't allow organizations to
32:16
do is use cultural
32:18
fit as a means of squeezing
32:20
the real talent out of
32:23
a person. Because that to
32:25
us is a recipe for mediocrity.
32:27
If you want to know why
32:29
most companies have not broken away
32:32
from their competitive set, you look
32:34
at industry by industry by
32:36
industry, you look at that
32:38
whole bunch of companies that
32:40
are indistinguishable from their competitors.
32:43
It's because cultural fit has
32:45
played too much of a part
32:47
of the perceptions they have of
32:49
who will succeed in their organizations.
32:52
And it's a complete and utter...
32:54
nonsense. The good news is that
32:56
Sarah and I call that out,
32:58
you know, which is, which is why,
33:00
you know, we're not a fit
33:03
for some organizations
33:05
because some organizations
33:07
can't grasp it. That's
33:09
a really powerful question in the,
33:11
because I think, you know, we
33:14
say, would you hire or a
33:16
point, like you said, someone
33:18
that you don't like? I think
33:20
we want to say like, no, right, of
33:23
course not, but, you know, there's seeing the
33:25
value in that I think is really
33:27
powerful for people and to see, you
33:29
know, it doesn't have to just be
33:31
about that liking. And, you know, hopefully
33:34
there's some version of some mutual respect
33:36
that comes in that someone's not just,
33:38
you know, mean for no reason, but.
33:40
Before we close out our conversation, I
33:42
really want to make sure we have
33:45
at least a little bit of time
33:47
to talk about kind of the interview
33:49
questions, assessment questions, and of course we
33:51
won't get to all of them, but
33:53
you have some really important questions in
33:56
the book and showing, you know, trying to get
33:58
away from maybe some of these, you know, How
34:00
many golf balls can you
34:02
fit in a Volkswagen? Questions.
34:04
And knowing that there are
34:06
some things that we can
34:08
be asking that are more
34:10
standardized, can you share just
34:12
some tips for people that
34:14
are in that HR space
34:17
or something thinking about interviewing
34:19
potential candidates, what should they
34:21
be considering as they're looking
34:23
to hire for these five talents?
34:26
So I won't remember the exact questions in
34:28
the book, but I can definitely give
34:31
you an illustration of how these work
34:33
and one of them that I play
34:35
out for people quite often. But in
34:38
the book, for each of the five
34:40
talents, we've set out sets of interview
34:42
questions. And we're really good at thinking
34:45
about what's the non-obvious question that we
34:47
could ask that is open-ended, that invites
34:49
people to tell us what they really
34:52
think. And then what we've done in
34:54
the book is said, here's what a
34:56
good answer looks like, because the mistake
34:59
that too many hiring managers make is
35:01
they have their kind of pet questions
35:03
that they like to ask, but they
35:06
don't actually know what they're listening for.
35:08
They don't know what kind
35:10
of candidate responses are actually
35:12
predictive of better performance, right? And
35:15
there's simple illustrations of this. I
35:17
think one, there is a kind
35:19
of salesy question that that hits
35:22
home. And it's, you know, think about
35:24
if you just happen to be in
35:26
a room in a really sales reps,
35:29
for example. A question you might ask
35:31
is, you know, as you think about what
35:33
you do well compared to other
35:35
reps that you've seen in the
35:37
business, right? So you're out there.
35:40
You've met other people in your
35:42
company, you met your competitive reps.
35:44
What do you do better than other
35:47
people? Now. Sometimes you might get
35:49
brilliant answers to that question, that in
35:51
the moment sound wonderful. You know, what
35:53
if you get a rep that comes
35:55
in and says, you know, as I
35:57
think about my performance against other reps.
35:59
One thing that I think I do really
36:02
well is building relationships with
36:04
customers. My customers consider me a
36:06
friend, they have access to my personal
36:08
phone number, I know the kids' birthdays,
36:10
I know what they're doing on weekends,
36:12
and that really informs the conversations that
36:15
we have week to week, so that
36:17
I know, my customers know I know
36:19
them as people, right? So someone can
36:21
really play up that kind of
36:23
response, and in the moment, it
36:26
sounds wonderful. I'm thinking... I need
36:28
to get that person into my
36:30
business. What about the rep that
36:32
comes in and says, as I
36:34
think about myself against other people,
36:36
I close deals? I close deals
36:39
better than anybody, right? One of
36:41
those responses is massively
36:43
predictive of higher performance in the
36:46
role, although the other one sounds
36:48
good too. So what we've done
36:50
in the book is giving you
36:52
illustrations of what are really
36:54
good questions to ask. that
36:56
people don't, can't listen to those
36:59
and know off the bat what it is that
37:01
you want to hear, right? That's mistake
37:03
number one. Managers usually make
37:05
is the answer is always
37:07
obvious. So what's the non-obvious
37:09
question? How do we invite people to
37:11
tell us what they really think? But
37:14
also, what does a good response sound
37:16
like? What do you need to
37:18
hear that's more predictive of higher
37:20
performance in a role? So
37:22
it's those kinds of things where
37:25
I think people are going to
37:27
get a tremendous amount of value
37:29
just out of that one chapter.
37:32
What questions should you be
37:34
asking? And just on that issue
37:36
about, you know, number of ping pong
37:38
balls or tennis balls, you can
37:40
fit in a Volkswagen or whatever
37:43
it is. So I've sat down
37:45
with people who've asked that
37:47
question, but I said, what's a good
37:49
answer. Now they never give
37:51
you a specific number. They don't
37:54
say 17,328. They never do that.
37:56
What they say is, well you
37:58
know, it te- which is me
38:00
something about how the person thinks. So,
38:04
you know, I list some people
38:06
imagine, you know, a cardboard box of
38:08
a certain size and how many of
38:10
those fit into the vehicle. And then
38:13
they estimate the number of balls that
38:15
go in each cardboard box and multiply
38:17
the number of balls by each card,
38:19
you know, and they get, they get
38:21
at this. So they say, I learned
38:23
something about how they think and people
38:26
answer that question in different ways. And
38:28
then I turn around and say, so when you've
38:30
learned that, how does it correlate to performance? Then
38:34
it's like crickets. I
38:37
said, so okay, so the fact that somebody
38:39
gives that kind of an answer and you
38:41
like that answer, what does that tell
38:43
you about how they're gonna perform? They've
38:45
got no idea at all. So what we
38:47
try to do is cut through that
38:49
kind of nonsense and say,
38:51
look, stop playing silly games. I mean,
38:53
there's one, one of the CEOs
38:55
of one of the big search firms,
38:59
his favorite question to a
39:01
candidate is, tell me how
39:03
you make a tuna fish sandwich?
39:06
I mean, what
39:08
planet are we on? I
39:10
mean, whatever, whatever a
39:12
person says around how they
39:14
make a tuna fish sandwich,
39:17
there's nothing that that CEO
39:19
is listening to that's gonna help
39:21
him make a prediction of future
39:23
performance, nothing. So what we try to
39:25
do is teach people to stop
39:27
asking stupid questions and to
39:29
start asking questions around
39:31
which, listening for specific responses
39:33
increases your confidence about
39:36
a future prediction of performance.
39:39
And we'd probably go through about 30
39:41
to 40 questions in the book. So
39:43
one of the values that people get
39:45
from reading it is that when you
39:47
go through all the process leading up
39:49
to that point, when you then go
39:51
through the questions, you've got a much
39:53
better understanding about how to ask good
39:55
questions and stop asking bad ones.
39:58
Oh, by the way, Here's another
40:01
good question. If you were
40:03
an animal, what kind of animal
40:05
would you be? And then get the
40:07
follow-up. And what color would
40:09
you be? Right? Well, I heard to
40:12
tell people that I'm a purple kangaroo.
40:14
Now, what are we learning about
40:16
people by asking stupid questions
40:19
of this time? A long time
40:21
ago I wrote a series of
40:23
articles on LinkedIn and I did
40:26
it every week. and I
40:28
was illustrating stupid interview
40:30
questions. Now I did that
40:33
about eight years ago, Molina,
40:35
and I've got to tell
40:37
you I could be continuing
40:39
that article to this day because
40:41
there are so many of them.
40:43
But yeah, so I'm a purple
40:46
kangaroo if anybody is interested.
40:48
Sarah, do you know what sort
40:50
of animal you would be, what
40:52
color you would be? Do you
40:54
have the... No clue. I'll be
40:56
a dog. It doesn't matter, right?
40:58
I thought this thing is to
41:00
talk about these interview questions. Imagine
41:02
I'm in a company and I've got
41:04
a kind of structured set of interview
41:07
questions and they're good ones like
41:09
the ones we've got in the
41:11
book, right? Imagine that I ask
41:13
every candidate those same questions. And
41:16
now I've got a more objective means
41:18
of comparing people versus what we know
41:20
actually happens where hiring managers go into
41:22
the room and it's an off-the-cuff conversation
41:24
and at the end of it I've
41:27
just got to decide how I feel
41:29
and who I liked more in the
41:31
room. Right? It's that we need to
41:33
start winding people back from. So I
41:35
love thinking about just the improvement and
41:38
an overall process. If I've got good
41:40
questions and I give everyone a chance
41:42
to tell me what they think across
41:44
the... areas that I know actually connect
41:46
to how they're ultimately going to perform.
41:49
So for people who do pick up
41:51
the book, look at those and great
41:53
great questions. Yeah and it really helps I
41:55
think with those questions like so just
41:57
for everybody but as you're going to
41:59
be and be getting your copy, you're
42:01
gonna go find this chapter here. As
42:03
I said, there's lots of great questions
42:05
there, but it has the question, it
42:07
has kind of the explanation as to
42:10
why you would be asking this question
42:12
and then what you're looking for in
42:14
the answer. And so some of them
42:16
also having multiple choice versus saying, you
42:18
know, are you very good delegator?
42:20
Are you good at delegating? Which is
42:22
like, who's gonna say no, right?
42:24
Like, yes, I love
42:26
delegating. It's
42:29
to actually kind of get into the
42:31
moment. So there's some, you know, saying, why
42:33
are we asking where it's
42:35
the like pressure test on
42:38
some of these where things could go
42:40
wrong that you can help to identify
42:42
that someone might not willingly, you know,
42:44
be putting out there because they don't
42:46
necessarily know. And it's just to help
42:48
get people away from saying the answer
42:50
that they think you want to hear
42:52
because they're trying to get a job,
42:54
right? But you want to understand more
42:57
about, like you said, those innate talents.
42:59
And also, I think, you know,
43:01
it was really surprising for me
43:03
in reading this that I don't
43:05
think enough. And I'm sure you've
43:07
come across this so much more. But it's
43:09
just don't think enough
43:11
about how the question
43:14
and the answer they're going to give ties back to
43:16
the performance, you know, what is it I want
43:18
them to do in this role? What is the most
43:20
important thing that we're going to get, you know,
43:22
here on the brainy business, we always talk about, you
43:24
know, with behavioral science being, you know, what do
43:26
you want someone to do? What are they doing now?
43:28
How are we going to get them there? What
43:30
are these kind of points and indicators? And I think
43:32
it translates in this way of like, what's
43:35
going to be most successful in the job role?
43:37
We need people to be really good at
43:39
these three things. And we've seen maybe, you
43:41
know, this type of response is not great.
43:43
We don't want people that are like
43:45
you said in the, you know, great relationships
43:48
is important. But if you don't close
43:50
deals, it's that's a lot of time when
43:52
you were giving that response, Sarah. And
43:54
I was thinking about the person who is
43:56
like best friends with all their clients,
43:58
and they've shared their phone number. and they
44:00
know their kids and where they're going
44:02
on the weekend and what they're doing,
44:04
you know, like, that sounds like a
44:06
lot of time being spent
44:08
on things that aren't necessarily moving that
44:10
needle, right? When you stop and think
44:12
about it. And so understanding, you
44:14
know, there's a balance to that. But if
44:16
they're not closing a deal, then
44:19
they're not doing the job, right?
44:21
So thinking about those things
44:24
in advance, and we can know
44:26
what we don't want in answer. And if
44:28
someone does say that, right, they say the thing
44:30
about having good relationships, okay, good. Relationships are
44:32
good. And like, how about closing deals, right? We
44:34
know we have a follow up question or
44:36
something to ask to get to things that really
44:38
matter, you know, for us in that
44:40
role. Love it. Perfect.
44:43
Well, as we go to close out any
44:46
last thoughts, in addition to, you know, for everyone
44:48
who wants to is now so excited to
44:50
find you and learn more, you know, where should
44:52
they go? Well, they should
44:54
go to Amazon and buy the
44:56
book. That will help them.
44:58
And then if they go to
45:00
www .conshi .com, that'll get to
45:02
the website. It'll tell you more
45:04
about our approach and what
45:06
we do. So those are the
45:08
two sources of information. And
45:10
then followers on LinkedIn, we are
45:13
fairly regular posters on LinkedIn.
45:15
We cut through a lot of
45:17
nonsense that we see on
45:19
LinkedIn. So we often point out
45:21
some of the silliness that
45:23
goes on there. So
45:25
if you want to, you know, keep sharp
45:27
and up to date on the stuff
45:29
that we pay attention to, then we're both
45:31
on LinkedIn followers there. Perfect.
45:34
And we'll have links, of course, for all
45:36
that and the show notes to make
45:38
it easy for everyone to find you to
45:40
get their copy of the book and
45:42
to start evaluating themselves and their teams and
45:44
hiring for the right talents. So, you
45:46
know, just thank you so much again for
45:48
your books and your, for your book,
45:50
your insights are for joining me on the
45:53
show. It's been really delightful to chat
45:55
with you both today. Thank you,
45:57
Melina. Appreciate you. Pleasure talking
45:59
to you. Thank you. Thank
46:01
you again to Barry and Sarah
46:04
for joining me on the show
46:06
today. What got your brain buzzing
46:08
in today's conversation? For me, I
46:10
always appreciate when people have large
46:12
data sets and have really invested
46:14
in finding answers to their most
46:16
burning questions. Researching nearly
46:19
60 ,000 liters is no easy
46:21
feat, and I really like their
46:23
approach to find the best of
46:25
the best with very stringent criteria
46:27
so they could closely look at
46:29
everything these leaders might have in
46:31
common or not to help understand
46:33
the traits and characteristics
46:35
that truly determine high performance
46:37
leadership. As a
46:39
reminder, the five evidence -based talent
46:41
dimensions they uncovered in their
46:43
research are setting direction, high
46:46
performing leaders guide their organizations
46:48
through complex situations and articulate
46:50
that value in a way
46:52
so many employees find motivational
46:54
and engaging. Next
46:57
is building energy. Driven by
46:59
a burning work ethic, talented
47:01
leaders set an exacting example.
47:03
They measure progress and recognize
47:05
that the most talented employees
47:07
beneath them demand their greatest
47:10
attention and support. Third
47:12
is exerting pressure. Talented leaders
47:14
assert a clear point
47:16
of view and persuasively drive
47:18
change and improvement, never
47:20
settling for average outcomes. Fourth
47:24
is increasing connectivity. Outstanding
47:26
leaders prioritize people, establishing
47:28
effective followership through purposeful
47:30
and ethical behavior and
47:32
demonstrating care and concern
47:34
for those they lead.
47:36
And finally, we have
47:38
controlling traffic. High performing
47:40
leaders understand their organizations,
47:42
driving superior performance by
47:44
establishing protocols and guardrails
47:46
while showing agility and
47:48
flexibility when circumstances change. And
47:51
while, as Barry said,
47:53
they've yet to find
47:55
someone who excels in
47:57
all five talents, the
47:59
best leaders have several
48:01
of these five. And
48:03
if you're curious... your own talents.
48:06
The final chapter of the book is called
48:08
Are You An Exceptional Leader and has resources
48:10
for you to see how you stack up
48:12
in these five talent dimensions. There is of
48:14
course a link to get your copy of
48:16
the book, the five talents that really matter,
48:18
along with links to my other top related
48:20
episodes and books, ways to get in touch
48:22
with Barry, Sarah and myself, and more in
48:24
the show notes for the episode. It's all
48:26
waiting for you in the app you're listening
48:29
to and at the brainy business.com slash 473.
48:31
And thank you again to Barry and
48:33
Sarah for joining me on the
48:35
show today. It was a delight
48:37
to chat with and learn from
48:39
you. Join me Tuesday for another
48:41
brainy episode of the brainy business
48:44
podcast. It's going to be a
48:46
lot of fun. You don't want
48:48
to miss it. Until then, thanks
48:50
again for listening and learning with
48:52
me. And remember to be thoughtful.
48:57
Thank you for listening to
48:59
the Braney Business podcast. Molina
49:02
offers virtual strategy sessions, workshops,
49:04
and other services to help
49:06
businesses be more brain-friendly. For
49:08
more free resources, visit the
49:11
Braney Business.com.
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