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T H E H I N D U O P P O R T U N I T I E S A Guide to Better Positions and Better Performance Wednesday, May 10, 2000 |
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HRD COUNSELLING Plan your interview Research your new employer
SWEATY PALMS, churning stomach, teetering on the verge of a major
anxiety attack - getting through a job interview is definitely
one of life 's more stressful hurdles. What if you are asked
questions you couldn't answer? What if you appear ignorant, or
worse?
Amidst all the dos and don'ts that one is bombarded with, there
is one little detail that often gets overlooked - the importance
of employer research before appearing for an interview. When two
prospects of equal qualification vie for the same post, the one
who has done more research claims a big advantage. Firstly,
because it shows your keenness and attitude and employers love
it, secondly, employers always want to hear what outsiders think
about them and lastly if your research is good, you can turn the
topic onto the company and thereby overcome your qualification
and/or other deficiencies.
Ram, ICWA and ACS graduate with ample relevant experience was
attending an interview for GM (Finance) in a large professionally
managed company which had put down CA as a key qualification for
the post. There were six candidates including Ram of which five
were CAs. Ram had asked for the balance sheet, and analysed the
key ratios. The MD was very surprised when Ram pointed out a few
trends in the key ratios, which the MD did not know. The end
result - Ram was hired overlooking his lack of CA qualification.
A few ground rules: while researching a company learn as much as
possible. A number of approaches can be adopted to do this
background check. Start with the company balance sheet (you can
get it from your recruitment consultant or stock exchange
records) Analyse the trends and cost/revenue ratios. If you can
benchmark it with the next competitor's data your stock will go
up. But make sure your figures add up and your analyses are
right. Else you will commit harakiri. Secondly surf the net for
broad industry trends. The size and growth pattern of a company
says a great deal about opportunities for your advancement. Try
answering questions like (a) Is the company in a healthy
financial state (b) What market share does it have(c) What are
the company's priorities and prospects (d) What are its problems
and what kind of competition does it face (e) Are there any new
products or projects in the pipeline? (f) Is the share price
going up or down? It may not always be easy to access information
of this kind because they may not be in the company's annual
report or its balance sheets .One can look for an analyst's
report on the particular firm or make the recruitment consultant
go and get this information for you. Lastly, one can find current
and headline- grabbing business news in magazines and
periodicals.
Hard facts aside it is the 'soft information' which is sometimes
hard to come by. Information like what kind of work ethos a firm
has - aggressive or laid-back, informal or sophisticated - its
hierarchical attitudes - rigid or flexible - all these details
can make career adjustment an easier process. Ex-employees of the
company can help one with information of this kind. If one is
able to get in touch with his predecessor to the job he would not
only get work-related information but also learn something about
the boss he could be working with.
Finally, at the interview itself, it is important to let the
panel know that you have done your homework well. One way of
doing this is to use the company's own data as an example while
answering a question. Second is to mention during your self-
introduction that you are a diligent professional who does
his/her homework. Many employers would take the cue and ask you
for more details. If none of the above work, reserve it for the
end when the employer asks you for any questions that you may
have.
Remember that all employers want to feel wanted and your research
is a way of telling them that you are keen to work for them.
T. Muralidharan,
MD, Career Community. com Ltd.
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