CAREER : The Key Qualities Every Employer Looks For

The Key Qualities Every Employer Looks For

In most cases there is no such thing as the perfect candidate; we are all unique individuals and everyone comes with a different combination of skills, experience and qualities.

As a result it is very rare to find that perfect fit. Having said that, there are common characteristics that employers always look for when they are planning to take on new recruits. It doesn't matter what sector or business you are talking about - if people are able to show that they possess these key attributes then they will always be in demand.

Here are four key qualities that I always look out for when I am planning to take on new people in one of my businesses:

Ambition

It is one of the most obvious questions to ask in an interview but there is a reason why people want to know where candidates see themselves in the future. The point of asking the question is to assess just how ambitious an individual really is. It stands to reason that an ambitious company wants like-minded people working for them. As a manager or chief executive you want people alongside you who are going to share your hunger, otherwise it is impossible to build the successful company you envision.

Initiative

Ask the question and most people will tell you that they are a self starter, but it is actually quite tough to find people who have the right personal drive and can work under their own steam. The simple fact is that every manager wants workers who have the initiative to organize their workload and go about their business without the need for constant supervision. These people are a key component of any successful organisation, not just for their professionalism, but also because they set a good example for those around them.

Commitment

This is true for most employers but particularly those in a service based industry. Providing quality customer service is what sets these firms apart from their rivals so it is vital that the staff are totally committed to the cause. They need to have a real dedication to what they are doing. As somebody who has spent many years in recruitment, I can usually tell which people are going to be the top performers purely through their attitude. Someone who is prepared to stick at it even when times are tough, and who will go that extra mile for themselves and the company is a huge asset.

Personality

It is becoming increasingly difficult to stand out in the modern world so someone who has a little bit of personality can make a big difference to the atmosphere in the workplace. Of course they need to be a team player, and nobody wants to work with someone who rubs people up the wrong way, but there is nothing wrong with mavericks and strong characters. These are the people who stand out in a crowded room and can often push your business on to new heights. A good team always has a combination of many different character types and the most important thing is to get that blend right.

Things like qualifications and capabilities are always high on the agenda when recruiting – after all, you want somebody suited to the technical requirements of the role. But the four qualities mentioned above are character traits, and for me these are every bit as important. There have actually been times when I have brought people into my business purely because they had these qualities. They weren't necessarily the most qualified on paper, but they ticked the right boxes in terms of character.

Many candidates go into interviews and are keen to emphasise their skills. This is fine, but if you can also show potential employers you have most of the qualities listed above – preferably with examples – you will almost certainly become a more attractive candidate.

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WORDS OF WISDOM FOR THE DAY : There’s Always Something To Worry About In The Market....!

 

There are a few events that are on the cards that may worry investors.

(1) The first is the possible strike on Syria by US;

(2) The second is the tapering of monetary stimulus by the US Federal reserve;

(3) The third is the reaching of the debt limit by the US in mid-October.

Then there is the nomination of the new Fed Chairman. Larry Summers, the favoured candidate to take over Ben Bernanke, has a preference towards rapid unwinding of the massive U.S. monetary stimulus that has supported the economy. To top it all off, the poorest US market performance occurs during the month of September according to the Stock Trader''s Almanac and October saw lots of market crashes such as Black Monday, the Great Depression and the crash of 1987.

What are investors to do with so many events that are set to happen that may spook the market?

To answer that, let's hear what Warren Buffett has to say. During the Berkshire Hathaway annual general meeting in 2012, when asked if systemic risk fears ever caused them to be afraid to buy stocks, he answered that in the past 53 years, he and Charlie Munger have never had a discussion about buying or selling in which they talked about macro-economic affairs. If they find a business that they like and can understand, they purchase it no matter what the Fed is doing or what is going on in Europe. There is always going to be bad news. He bought his first stock in June of 1942 when the US was losing the war. Stocks were also cheap and he wrote an article about it in October 2008, when the market was plunging. He knew that the panic would flow into the economy but that the US would not go away. Charlie and Buffett look at value of businesses but not at the macro-economy.

Mr Morgan Housel said that for the past 150 years, the US has had nine major wars, 33 recessions, a half dozen financial crises, and an uncountable number of really awful things happen to the economy. However, the S&P 500 index still delivered an average annual return of 6.6%, after inflation during the same period.

In Singapore, the Straits Times Index (SGX: ^STI) rose from 834 points at the start of the 1988 to around 3048.35 points on last Friday dated 6th September 2013, representing an annualised gain of 5.3% over the past 25 years. This was despite the 1997 Asian Financial Crisis, the 2000 dot-com bust, the 2003 SARS outbreak and 2008/2009 Great Financial Crisis (GFC). Individual stocks like Super Group Limited (SGX: S10), Dairy Farm International Holdings (SGX: D01) and Jardine Strategic Holdings (SGX: J37) have given investors returns of 1000% or more for the past ten years. These stocks have gone past the peaks seen before the GFC, creating massive value for shareholders who had the discipline to hold on to them.

Mr Warren Buffett once quipped that the time to be greedy is when everyone is fearful. To do that, investors should not be focused on what macro-economic event is about to happen next. They should instead be focused on the value of the company that they want to invest in and buy them when the price is beaten down relative to the value. The upcoming 'events' such as the imminent war on Syria, tapering of monetary stimulus and the reaching of the debt limit may cause huge market corrections. Are you ready to take advantage of it? 

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