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Successful Business Meeting

By: Poonam Lakhani

Bad first impressions are hard to shake, so it’s critical that you ensure you make the right impression on your first day at a new job.  Here are eight tips for making your first day at a new job a success:

  1.  Don’t be late.  Nothing is worse than being late on your first day.  Make sure you practice your route to work before your first day.  On the day of, be sure to leave yourself some extra time to get to work as well, so that you can avoid being late due to unforeseen circumstances, like bad weather or an accident.
  1. Know your boss.   You don’t have to stalk your to-be- boss (in fact, it will probably work against you if you memorize her favorite colors and know where she was last weekend) but  perusing her Linked-in profile is a good idea to get a better understanding of your boss find some common connections.
  1. Connect with your co-workers.  The same applies to your co-workers.  Check-out their Linked-in profiles as well.  At a minimum, try to know everyone’s name.  If anyone helps you out during the day, send them a thank you email.  Generally, you first week may be slow, so try to schedule some one-on-one lunches with your co-workers to get to know them better.
  1. Take notes.  Your first day will likely comprise of a million meetings, introductions, and instructions, and at the end of the day you will remember nothing.  Bring a notepad and pen with you for your first day and take notes so that you can retain at least some of what’s thrown at you.
  1. It’s better to be overdressed than underdressed.  Some offices are more casual, while others more formal.  On your first day, you may be unsure of what is considered acceptable.  It’s best to err on the side of formality and be over-dress than under-dressed in order to make a good first impression.
  1. Do your homework on the company.  Be sure to thoroughly review the company website so that you understand all aspects of the company.  It doesn’t hurt to do some Google searches or check the news as well.
  1. Don’t be afraid to ask questions.  No one expects you to know everything on your first day, so it is the ideal time to ask questions.
  1. Be confident.  Although there may be a lot of unknowns on your first day, remember, you were chosen for a reason, so be confident!

Have other tips for a successful first day? Share them in the comments!

Photo credit: Nguyen Hung Vu via Flickr Creative Commons

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Untitled

By Poonam Lakhani

Many people have images of lazing on the sofa in their pajamas while watching daytime talk shows with laptop in hand when they hear “working from home.” In reality, this picture is neither sustainable nor productive.  Working from home can have many benefits; you can avoid wasting time commuting, which in-turn can provide you with more time with your family.  However, these benefits are diminished if you end up not actually getting work done.  Here are some simple steps you can take to ensure that you can enjoy the benefits of working from home without sacrificing productivity.

1.  Create a distraction-free work zone. 

When working from home, it’s very easy to get distracted.  Your child may interrupt you, that pile of laundry keeps asking to be folded, or sometimes you may think, a little TV break won’t hurt.   Interruptions and distractions will hurt your ability to efficiently get work done.  Create a space, which can be as simple as a desk and a chair in the corner of the room (not the sofa), that you will use for work purposes.  Make sure that others in your household understand that when you are in that space, you are at work, and interruptions are not ok.

2.  Treat working from home the same as working in the office.

With the right mindset, you can be equally as productive as when in the office, if not more.  This requires you to think of working from home as the same as working in the office.  The only difference is where you are physically sitting.  Start working at your typical start time, and take coffee and lunch breaks, just as you would at the office.  The benefit to working from home is that your breaks can be enjoyed with family and friends.  If you must take a break to attend to non-work related tasks, be sure to carve out some time later to devote to work.

3.  Stay connected. 

When you work from home, you often miss out on having meaningful interactions with your colleagues, which can potentially be detrimental to your long term career.  Be sure to stay connected with your colleagues.  Call to check-in on how things are going, consult them on an assignment you are working on.  You don’t want to be forgotten or viewed as an outsider, so sometimes you have to work a little harder to maintain relationships around the office.

Photo credit:  Mackenzie Kosut  via Flickr licensed under Creative Commons

 

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Staircase Silhouette

By Kristen Prinz

Do you ever look around and wonder why people who don’t seem to work as hard as you or are not as smart as you are more successful than you? Business mentor Simon Reynolds’s recent Forbes blog post, The Strong Link Between Your Self Image And Business Success says it could be your self-image that is holding you back.  Reynolds claims that our subconscious negative self-assessments can prevent us from being bold and confident, thereby preventing us from achieving our potential.

We all know that blog posts over simplify complex issues, but Reynolds is on to something.  Daily affirmations might not get you the promotion or business deal you are seeking, but they probably won’t hurt either. Continue reading →

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By Amit Bindra

A lot of companies have created flexible work options, allowing their employees to work from the comfort of their homes.  Working from home can save time commuting and allow an employee to deal with personal errands.  An employee working remotely can still be available via phone, email, or even video.  Despite the ease that technology allows for communication, face time is still incredibly important, especially for employees that work with a team.

First, the employees that are easily accessible are typically the employees that receive important projects.  It is still easier to stop by someone’s office to discuss an important project than it is to schedule time with someone who is working remotely.

Second, face-to-face conversations lead to intangible benefits.  Conversations that develop in the break room or hallways can lead to collaboration and creative ideas.  An office setting can also maximize focus and motivation.  There could be several distractions at home that an office would minimize.  It might be easier to stay productive and motivated if there is an entire office of people working on projects.

Finally, visibility and easy accessibility can help with career advancements and promotions.  Even if two employees are working the same amount, seeing one employee doing the work at the office creates more of a lasting impression on a supervisor.

Employees should take advantage of flexible work options, especially if it improves quality of life and work balance.  However, it is important not to forget the value of face time.

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Tech Office

Amazing Office by Chris Meller // CC BY 2.0

By: Amit Bindra

Silicon Valley is known for companies like Apple and Google – and great innovations like the iPhone.  Soon, Silicon Valley might also be known for its conspiracy to keep wages low for employees.

A judge recently rejected a $324 million settlement proposed by Apple, Google, and two other tech companies finding there is “ample evidence” that the companies were involved in “an overarching conspiracy” to violate antitrust laws.  The case alleges that tech companies including Apple, Google, Intel, and Adobe agreed not to hire each other’s employees.

Lawyers filed a class-action lawsuit on behalf of nearly 64,000 employees arguing that the tech companies agreed not to hire engineers and programmers from each other.  These employees were building the key software that the companies profited from.  As a result of this arrangement, the employees suffered because the companies could pay them lower salaries.  This also allowed each company to keep their key programmers, preventing other companies from getting access to highly qualified individuals – and information.

The proposed settlement would have paid each employee about $4,000.00. The lawyers would have received twenty-five percent of the overall settlement.  Judge Lucy Koh rejected the settlement as too small saying that it failed to be “within the range of reasonableness.”

Judge Koh said she thought the case was strong and the evidence compelling, which includes incriminating materials from Steve Jobs (co-founder of Apple) and other tech executives.  In the ruling, Judge Koh wrote that there was substantial evidence indicating Mr. Jobs “was a, if not the, central figure in the alleged conspiracy.”  One example of his involvement is an email he wrote in 2005 after Google tried to hire some of Apple’s engineers.  In the email, Mr. Jobs wrote, “If you hire a single one of these people, that means war.”  Another example occurred in 2007.  After Mr. Jobs became upset that a Google recruiter approached an Apple employee, Google fired the recruiter to appease Mr. Jobs.

If a jury rules in the employees’ favor, damages could be tripled due to antitrust penalties.  While Apple, Google and other tech companies have produced great products, that does not excuse them from fairly paying their employees.

Sources: New York Times, Washington Street Journal, Reuters

 

 

 

 

 

 

 

 

 

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By: Amit Bindra

A 360 review offers benefits for both the company and for employees by providing – hopefully – constructive feedback. It can allow for peer-to-peer guidance so that a company and employees can improve operations, productivity, and profitability.

However, a negative review or comments can be potentially damaging to an employee’s career. Sometimes the information in the review may not even be accurate.

There are four ways to positively respond to a 360 review.

First, use a review – positive or negative – as an opportunity to demonstrate leadership and to express gratitude. This can be an opportunity demonstrate that as an employee, you are willing to continue to develop strengths while minimizing weaknesses. It is an opportunity to show that you (a) are receptive to criticism and listen to feedback, and (b) are willing to improve.

Second, take time before responding. It is easy to be defensive to a negative review, especially when it can put your career at risk. It is critical to take time to formulate a strategy on how to proceed to avoid making a regretful comment in the heat of the moment.

Third, discuss negative criticisms with the appropriate individuals. If the negative reviews are from a supervisor, it is important to change the supervisor’s opinion, especially if the review is inaccurate. If the criticisms are from an individual you are managing, recognize that there might be more validity to the feedback as the individual has more to lose by providing a negative review. Using a third party to help mediate these discussions can be helpful to allow for constructive dialogue.

Finally, plan the necessary steps and share these steps with the appropriate team members. Continue to improve your strengths. Determine what the key limitations are and figure out a strategy on how to minimize these issues in the future. Develop an action plan that you can communicate to your team. Again, this will allow you to demonstrate critical leadership skills, turning a potentially negative situation into a positive one.

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Get Out Of The Building - Lean Startup Machine
DLNG5617 by Tech Yizu is licensed under CC BY 2.0

By Kristen Prinz

I had the pleasure of mentoring budding entrepreneurs at Chicago’s Lean Startup Machine weekend on June 22. It was exciting to see first-hand how valuable the lean startup model can be to an entrepreneur. It was also interesting to see that, much like in the real world of business, nearly 70% of participants had given up and closed up shop by the time I started my 5 hour mentoring session.

The first step in the lean startup methodology is to figure out a problem to be solved and develop a minimum viable product (MVP) to test the market. It is a fantastic starting point because sometimes the problems we think exist are individual problems and not market problems. Solving an individual problem is a hobby. Solving a market problem is a business.

Many of the participants who dropped out found that they either only identified an individual problem or that they didn’t have a solution to the market problem. You need a solution to create an MVP.

Once you get to the MVP, the lean startup methodology asks that you validate your assumptions regarding the market. This is where you test the market and the solution. And, this is the second opportunity to learn whether your idea is a viable business. (It was also the next big drop off point).

The ultimate philosophy of the lean startup methodology is Build-Measure-Learn. Not every business idea will be successful. The point is to learn early whether you can stick it out, pivot, and create something the market needs (whether it knew it or not). Using this methodology before you invest thousands of dollars into development, employees and attorneys’ fees is a smart way to go.

There were great ideas presented over the weekend and I hope that all the participants can build their ideas, regardless of whether they find a hobby or a business.

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By Jessica Fayerman

SCA at Career Day

SCA at Career Day by SCA Svenska is licensed under CC SA 2.0

Since executives spend so much of their time making management decisions and driving revenue, it can be challenging to devote time to their own career development. If executives take even a small fraction of the time they spend strategizing on behalf of their companies to strategizing about their own futures, climbing the corporate ladder can become a much more obtainable goal. Here are three strategies that executives can use to not only determine their career goals, but to develop specific steps to reach them.

Regularly self-evaluate with feedback from trusted advisors.
Many executives do not take the time to honestly self-reflect and to determine areas for improvement. Every skill-set is different, and it is important to be able to separate out areas that are strong and areas that require improvement. When an executive is forced to make use of a skill that he or she has not yet adequately developed, it can drain the executive’s energy and make him or her less productive. Asking for assistance from a trusted advisor can assist the executive with identifying areas of strength and weakness and formulating a strategic plan for improvement.

Seek additional experience that applies to long-term goals.
Even though it may be uncomfortable to work with skills in an executive’s area of weakness, this may be the only way for genuine growth to occur. If an executive is, for example, uncomfortable with public speaking, seeking out speaking opportunities may cause short-term stress but will carry long-term rewards. The extra time expended now will certainly pay off in terms of productivity in the future.

Maintain networking activities.
Networking is an activity that leads to a double benefit – not only can the executive help improve the company’s bottom line, but he or she can also build the necessary connections for future career growth. Networking may take time and effort, but it is a high-payoff activity that any executive should try to build into his or her week.

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Only for now

There’s been a lot of media hype about some pretty overt resignations including YouTube videos and even a SuperBowl commercial.

Although you may be at a breaking point where you wish you could march through your office with a marching band to announce that you are quitting, or you’d love to have a billboard expressing the same, these are not the best choices for your long-term career. It’s important to make sure you leave with a good reputation because you never know who you might run into in the future – from the janitor to the CEO – and it is important to have a good rapport with everyone you interact with. Here are some tips if you are planning to leave your current employer:

Think about what you want.
You may want to leave your current employer because you are not happy. But, what is it that will make you happy? Make sure you don’t make a decision you will regret. Think about what you want and make a plan to make it happen.

Search for a new job while still employed.
It’s easier to find a job when you have one. Plus, you won’t have to answer why you left you last job.

Start packing slowly.
Some employers will ask you to leave the same day when you provide notice of your intent to resign. That leaves you with little time to pack up your personal belongings. At the same time, you don’t want to abruptly clean up and tip off your boss prematurely. Start to slowly take things home so that you just have a few things left when you finally provide notice.

Review your employer’s leave policies.
Generally, you will be able to be paid out for any vacation you have accrued and unused. However, the same is not true for sick time. Review your leave policy and make sure you know what will happen with your benefits and compensation when you leave.

Provide notice to your employer.
Although you may feel like up and walking off the job sometimes, it is important for your long-term reputation to provide you manager with notice of your intention to leave.

Send a note of thanks to colleagues.
With permission from your employer, send a note to your co-workers to thank them for their support and provide them with your personal contact information.

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By Jessica Fayerman

High-level executives usually rely on employment law attorneys to negotiate employment contracts, and for good reason: it’s an opportunity to clearly outline expectations and minimize future disputes. In any employment contract, compensation and benefits are key. However, there are many other factors that are essential to a productive and mutually rewarding employment relationship and should therefore be included in a contract. When we assist an executive in negotiating an employment contract, here are four of the key points we typically focus on:

Term and Termination
In the absence of a contract term that specifies otherwise, the default rule is that the employment relationship is “at-will.” This means that either the employer or the executive can terminate the employment relationship at any time, with or without notice, for any reason or for no reason. For executives who devote extensive time and resources to pursuing a career at a specific company, the threat of being let go at any time may be too much of a risk. For this reason, many executives negotiate terms into their contracts with specific provisions detailing the narrow circumstances in which the employment relationship can end.

Severance
Typically, the law does not require companies to pay severance to departing employees. When employers do pay out severance, they may condition it on an employee’s willingness to sign away his or her rights to bring legal claims against the company. By adding severance provisions to an employment agreement that are not tied to an employee’s agreement not to sue, an executive will be in a better position to protect the investment put into his or her career.

Restrictive Covenants
Employers may insist on including restrictive covenants in employment contracts with high-level executives. Restrictive covenants can include non-competition provisions, non-solicitation provisions, confidentiality provisions, and other items designed to help protect the employer’s investment in the employee. These covenants can significantly impact an executive’s ability to continue working in his or her chosen field after the employment relationship ends. It is essential to negotiate these provisions in order to minimize the burden on the employee to the extent possible.

Arbitration Provisions
Many employment contracts include language addressing how disputes regarding the employment relationship should be resolved. Some employers insist on requiring executives to give up the right to file a lawsuit and instead submit any dispute to arbitration. Arbitration sometimes gives executives much less legal protection that litigation in court, so it is important to recognize what an employee may be giving up when he or she signs a contract with an arbitration provision.

If you have a question about a job offer or employment agreement that you have received, please contact us.