Archive for June, 2015

There are times when the Human Resources Department of a company must respond to poor earnings, high general and administrative (G &A) costs, and industry forecast by downsizing, reductions in force (RIF) or simply put layoffs.

What if we changed the system of how new and existing talent is acquired?

Today talent is mainly acquired by referrals, job postings, recruiting events and with the use of staffing companies.

In today’s fast moving economy and technological advances there is a need for a system that allows industries to benefit from competitors inability to maintain talent that could become the next great leader.  Think about it, what if the person your company just laid off was the next Mary Barra, current General Motors (GM) CEO who started with GM inspecting panels or the next Kurt Warner  to lead your franchise on a three-year record breaking run with a Superbowl win in between?

In the NFL there is such a system in place.  The system is known as the Waiver System (Waiver Wire) or the Transactions.

WAIVER WIRE

The Waiver Wire system is in use by the National Football League (NFL), Major League Baseball (MLB), National Hockey League (NHL) and National Basketball Association (NBA).  The system has been very effective at helping teams find often overlooked or discarded talented individuals with high potential.

In terms of this discussion, I am only truly qualified to discuss the NFL Waiver system, as during my three year NFL career I was signed,  activated,  de-activated,  waived,  released,  cut,  and resigned by the Jacksonville Jaguars during the 2001 season a total of five times within the same season before being on the active roster the last six games.

Yes, the NFL is a tough business not just on the body but also on the mind.

Question:

What is the difference between waived, cut and released?

All three terms are synonyms for termination of employment.  The number of years of service in the NFL and the time of year has a lot to do with each term as it relates to individual players.  A vested veteran player with four years of service will be handled differently from a player with less years of service.  Keep in mind football does not have recall-able waivers like the business model baseball works under.

  • Waived: A non-vested player (less than four years of service) who is terminated goes through waivers. When he is released another team can claim him within a certain period of time. A vested veteran only goes through the waiver system from the trading deadline in mid-season through the end of the season. During the off-season and all the way up to the trading deadline, a vested veteran gets released.
  • Released: A vested veteran is free when he is terminated and can sign with any club. Keep in mind, if the termination takes place between the end of the trading deadline and the end of the calendar year, the player goes through waivers. A vested veteran released this time of year is free to sign with any team.
  • Cut: Is an unofficial term for being terminated and one of the above two categories applies.

Source: NFL.com “Even in the offseason, NFL education never ends By Pat Kirwan” May 19, 2008

NFL USE OF THE WAIVER SYSTEM

Week to week NFL Teams are forced make roster decisions based on needs position by position.  For example, the starting linebacker gets hurt.  The team needs to get another linebacker who can join the team as a backup or starter.  In order to do this the team must release, waive or cut a player from the 53 man active roster.   Like the supposed method used in layoffs (under-performing talent out first) NFL teams review their roster then select a player to release regardless of position.  Some teams will release an under-performing veteran to free up money to sign a younger player or a better performing veteran.

A notice then goes out on the Waiver Wire to the other 31 NFL teams that X player at X position has been released, waived or cut.  Thus giving the other 32 NFL teams the opportunity to evaluate X player to assess if that players talent can help their team.

INTRO: THE CORPORATE WAIVER WIRE

The Joseph Wesley Company has just completed a round of layoffs.  We theoretically were able to identify those employees who were not performing to expectations.  Three months have elapsed and the outlook for growth is great plus we have secured a major client that will require the company to staff up in order to service.

Now instead of the company having to contact multiple staffing companies (who at times submit the same resume), resurrect the internal referral program (hidden cost) and spend money on ads announcing the company is hiring we can simply access the Corporate Waiver Wire.

The Corporate Waiver Wire, like the NFL, will post personnel by position, years of experience, last company and transaction description all in one place.  Hiring corporations and organizations can just simply look at the talent now available on the waiver wire.  Just like in the NFL you can bring in selected talent by position or years of experience.

You can now save on overhead by not having to spend money on the unforeseeable costs of hiring.

Companies just as NFL Teams will still have to complete the interview process but will now have a better more effective and efficient method of finding talent quickly.  Where it takes months to weeks to find just that right candidate to fill those open positions it will now take days to possibly hours.

I think I am on to something here.  Who has the startup Capital?

SUMMARY

Simply put corporate culture has looked to sports for years to understand and adapt for use multiple concepts and methods.  Things like Leadership, Management, Building Winning Teams, Employee Motivation, and the list goes on.  Now we have another concept we should look at. Use of the Waiver Wire for Talent Management.

Think about it.

start a movement

TESTING TED TALK: “HOW TO START A MOVEMENT”

A few months ago a colleague emailed me a link to the Ted Talk Video “How to Start a Movement”.  He thought it was very funny and that I should watch it.  Click the link below to view.

https://www.youtube.com/watch?v=V74AxCqOTvg

So, like any person who already has hundreds of emails and multiple meetings, the video sat in my inbox. When I finally got to the video, one month later, I enjoyed it so much I watched it twice.

My first impression was to laugh and say this guy is crazy and this can’t possibly be a practical submission exemplifying leadership.   But on my second review I began to understand what the speaker was communicating.

Speaker Points

Derek Sivers, speaking points recap, just in case you haven’t watched the video.

  1. A Leader must have the Guts to stand alone and be the Lone Nut.   New ideas and concepts are often crazy to people who are “Status Quo Committed” complacent thinkers.
  2. The First Follower. It’s not about the Leader but the 1st person to follow. This person gives the crazy idea person legitimacy. The First Follower makes the Lone Nut a Leader.
  3. Tipping Point: The 2nd Follower. This person establishes the movement and confirms the Lone Nut and the 1stnd Follower.

TEST TIME: THE BUFFET LINE

A few months ago I participated in the Seal Legacy Foundations golf tournament held in Houston.

I and event best friend, Jamie Lee Thurston, were standing around talking. (If you know and love country music, yes, this is the Jamie Lee Thurston)  Together we looked on as the caterers set up the serving stations. They put out the heating pans filled them with water and lit the small fire cups underneath.

Next they brought out all of the food; they brought out ribs, mashed potatoes, vegetables, potatoes salad, a green salad, and off to the side a table reserved just for deserts.  There was nothing unique, different or intimidating about the process.  It went off smooth without any hiccups.

Once the crew finished they left and went back into the club house, it was as if they disappeared into thin air.  Then the waiting game started. About ten minutes or so went by and we (the crowd) it seems were paralyzed. We had no direction and no leader to carry us home.

Then it hit me, “I should try out this Theory of “How to Start a Movement”.

So I pulled my new found friend Jamie Lee Thurston to the side and explained to him the principle of what we could accomplish if we worked together.   I gave him a quick overview about the Dancing Guy Video.  My new friend’s response was “I get it but I am hungry.  I just don’t want to go out there by myself.”

I had found my Lone Wolf, the guy that would seem like the Lone Nut.

But I changed the game by committing to Jamie Lee Thurston that if he went first that I would be his 1st Follower.  He agreed and we moved forward with the plan.

Now the conditions were set and all I had to do was be sure to take notes.

Jamie Lee Thurston goes first.   About two minutes go by and to my surprise no one else hopped in.

Next, I make my move to get in line and pick up a plate then start to add food.  Of course I selected the ribs first.

As Jamie finishes I am half way done and we have gained the third and fourth followers.  Now, we had a full-fledged movement.  I turned around to note the people who at first were by-standers and on-lookers.

They had all joined the buffet line movement to ensure they did not get left out.  Once I sat down I began to count the people.  My final count was twenty five people.

LESSONS LEARNED

To put this into perspective these twenty five people represent missed opportunities to be first and to ensure their plate of food was the hottest as well as freshest food served.

Just as Jamie Lee Thurston and I went through the line as the Lone Nut and First Follower we did prove these concepts;

  1. In the simplest of environments (Buffet Line) with predictable out comes (get fresh hot food) people still have anxiety about standing out in crowd. http://anxietynetwork.com/content/what-social-anxiety-is-like
  2. It really does take a 1st follower to get the party started.
  3. When looking to do something different make sure it is public and that you have a Leader (LONE NUT) and a 1st Follower.

In the end I proved to myself and hopefully to you that there is legitimacy to Derek Sivers “How to Start A Moment”. http://www.ted.com/talks/derek_sivers_how_to_start_a_movement?language=en