Laszlo Bock
SVP, People Operations at Google
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Oct 13 2014
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In this series of posts, Influencers explain what they wish they could fix and how.
Read all the stories here and write your own (please include the hashtag #FixIt in
the body of your post).
I know myself, and employers know what they want to hire, but how do we explain
that to each other efficiently and accurately? The marketplace for people and jobs is
broken, especially for the small businesses that create the bulk of jobs in the United
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States. And its part of why so many people are out of work while simultaneously so
many jobs are unfilled. Unemployment is an information asymmetry problem.
And its the one thing Id fix if I could.
Information asymmetry is when one party has better information than another party.
Lets say Im selling my car and I know the passenger door rattles when I drive over
65 mph. You are buying my car, and have no idea. Thats information asymmetry.
Job-matching efforts also suffer from information asymmetry, or what I call the Color
Blue Problem. How do I know that when I see the color blue, its the same as when
you see it? How do I know that when I describe myself to an employer, they know
what I mean? And that when a hiring manager describes what she wants in a job
posting, how do I know what she means?
In practice, it looks* like this:
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Resumes stink. Theyre a simply awful way of marketing yourself for a job. Some of
that is our fault as job-seekers and can be fixed, as I wrote here and here. But an
employer has no way of knowing if most companies on a resume are good or bad (is
working at LaszloCo a good sign?), if a title means anything (VP is a senior title in
tech, but not in banking, and even in tech some companies have one VP for every
20 people and some have one per 300), or even what my words mean (is a superb
programmer the co-inventor of Google or just really, really good at Logo?). And
employers are completely blind to the indefinable things that make you you, such
as generosity, curiosity, or playfulness.
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Its just as bad on the job-posting side. Job descriptions are often written from
generic templates, dont give you a sense of what the job truly requires or what
would make you successful in it, and are just plain boring. Heres an insiders view
of what the process feels like from the other side:
Resume screeners and interviewers deliver the coup de grace: We all think we are
great at assessing candidates. Were not. We are biased, ask bad interview
questions, rarely go back and check if our predictions were correct, and so on. We
only hire the best, right? Then how did all those slackers in Sams department get
hired? More to come on this in a future post, but the point is that the job-matching
process is fragile and error-prone.
The root cause is that we cant convey perfect information about our own skills, nor
can employers convey perfect information about what they need. We both say the
job is a Color Blue job, but we have no way of knowing for sure if we both mean
the same thing when we say Color Blue. Information asymmetry.
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for catching and correcting the smallest of errors, persuade with data, and thrive in
social settings as job criteria, and to then identify people based on who they really
are. For individuals, it becomes possible to find roles where they will excel
regardless of where they went to college, or even if they went to college.
Now, imagine this works. If youre a welder in Detroit, you can find out what skills
are increasingly or decreasingly in demand. Then you can make some informed
choices: Should I move to Atlanta where there will be more welding jobs, or stay put
and go to nursing school since I know there will be demand for those jobs at home?
If I go back to school, which schools graduates are most likely to end up in the jobs
that I want?
Slowly wed become able to not just match people today, but also to tell people
where to invest to be ready for tomorrows jobs.
Hundreds of billions of dollars are
spent each year on recruiting, so
theres a lot of incentive to figure this
out. The trick is you cant do this by
conducting exhaustive (and
exhausting surveys) coupled with
anthropological dissections of every
group inside every organization. Not
practical.
The most efficient way is by looking at large sets of data and inferring relationships,
similarities, and predictors of success and failure. And the only way to do that is with
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Written by
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Laszlo Bock
3 posts
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Jeff Haden
Ghostwriter, Speaker, Inc. Magazine Contributing
Editor
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Quit your job to take a better paying position? Definitely. Quit your job for a great
opportunity? Absolutely.
But there are a lot more reasons to quit your job (once you have something else
lined up, of course.) And they all fall under one main category:
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Lifes too short to spend your time developing your bosss career at the expense of
your own.
5. You feel like you have no purpose.
Everyone likes to feel a part of something bigger. Everyone likes to feel they make
an impact not just on results but also on the lives of other people.
Lifes too short to go home every day feeling like youve worked but you havent
accomplished anything meaningful.
6. You feel like a number.
Everyone is replaceable. Everyone, ultimately, works for a paycheck. But everyone
also wants to work for more than a paycheck. They want to work with people they
respect admire and they want to be respected and admired in return.
If your boss doesnt occasionally stop for a quick discussion about family, an
informal conversation to see if you need an help, or simply to say a kind word then
youre just a cog in a larger machine.
Lifes too short to only be a cog in a larger machine.
7. You arent even mildly excited to go to work.
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Every job has its downsides. (Im willing to bet even Richard Branson has to do a
few things he doesnt enjoy.) But every job should also have some fun moments. Or
exciting moments. Or challenging moments. Or some aspect that makes you think,
Im looking forward to doing that
Lifes too short to spend only looking forward to quitting time.
8. You cant see a future.
Every job should lead to something: hopefully a promotion, but if not the opportunity
to take on additional responsibilities, learn new things, tackle new challenges to
feel like tomorrow has the potential to be different in a good way than today.
A decent boss works to improve the companys future. A good boss works to
improve her employees futures too, even if especially if that might mean some
of those employees will eventually move on to bigger and better things.
Lifes too short to live without hope.
9. You dont think you can do anything else.
Thats the best reason of all quit your job. I know what youre thinking, I make too
much in my current job; Ill never find something comparable. Or, There just arent
any jobs where I live. Or, Ive put too much time into this company (or career or
industry.)
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Written by
Featured In
Jeff Haden
Your Career
139 posts
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