Banner

Training Trivia

It is wise and acceptable to use a criminal background check to eliminate any candidates with a criminal record prior to getting to final interviews when hiring.
Powered by Grace Hill
 
 
Total votes: 32
Home Insider Blogs Ross Blaising's Blog Team Building (part deux); The Apartment Developer's Dilemma
Enter your email address for weekly access to top multifamily blogs!

Apartment Blogs


Dec 13
2011

Team Building (part deux); The Apartment Developer's Dilemma

 Print

Posted by: Ross Blaising

User Rating: / 1
PoorBest 

In the first installment of Team Building, we discussed the three key predictors of a developer’s success; the Get It Factor, Communication Skills and a History of Success. For those of us who are used to trying to isolate more tangible items in an interview, this concept can seem a bit too touchy-feely.  But truth be told, it is the touchy-feely items that are actually critical for success in a strategic role.

You have to agree that we cannot attribute the success of Donald Trump, Mack Pogue, Trammel Crow, Jorge Perez, Robert Tishman, etc. to their abilities at running excel spreadsheets. Equally clear is the fact that the ability to generate pivot tables has had virtually no effect on your career’s trajectory either. So then why is it that we use this as an entry requirement into our profession?

Sadly, the most obvious answer is also the most truthful- we do it because we are lazy.

If we, as the leaders of our organizations, would simply accept the notion that the role of developer was ALWAYS a strategic role, then it would be inconceivable for us to rely on tactical skills in the hiring process. We must begin to respect and understand the entirety of the candidates’ potential, if we want to choose folks who can grow into developers that we want to have on our teams.

Each of us has a couple of components that make up our potential (I call this potential our ‘toolbox’). The toolbox is comprised of personality and intelligence. And it is the combination of these two which create our capacity. So our toolbox is just our unique individual container which we fill over time with a series of- you guessed it- tools. I divide these tools into two distinct typologies; hard tools and soft tools. The difference between a hard tool is that it can be taught and a soft tool is one that can be honed.

Hard tools are generally straight-forward and logical. Some of these include; creating or manipulating a proforma, managing a budget, or following the prescriptions of a development cycle. Languages, methodologies and processes are hard-skills.

Soft tools on the other hand, are embedded in the DNA or formed at a very young age. These include; being a compelling or inspirational speaker, having an intuitive sense of proportion, mental dexterity, the ability to simultaneously view the world from a ten foot and ten thousand foot perspectives. Charisma is a prime example of a soft tool.

I would argue that our first job in a strategic hire is to ascertain the size of the toolbox (intelligence and personality). We need to understand the candidate’s capacity before we worry about what tools they have or need to develop. Sadly, this concept is revolutionary. Fortunately they are easily testable. For intelligence there is I.Q. and for personality there are a multitude of tests from which to choose. My favorite remains Myers Briggs [I’m an INTJ by the way (low I, high T, low J)] but there are many options based on your organizations needs.

Hopefully at this point, you agree that understanding a future employee’s toolbox before the hire is better than a revelation that comes after. That said we still need to dial-in the skills that they bring to the table initially. My belief is that between the two, soft-skills remain the most critical (because we can’t just teach them). The next installment will dive into what those critical soft-skills are and why.

So how would your organization be different if the hiring practices were toolbox focused? What have you learned from more traditional hard-skill hiring?


Comments (2)Add Comment
62
written by Brent Williams, December 19, 2011
I agree that we should be hiring people based on skills they already have, but I'm curious - do you not think that soft skills can be developed? Maybe someone that isn't naturally charismatic couldn't end up being the most charismatic person ever (similar to how I couldn't be a pro basketball player no matter how much I practice), but do you think that someone can't become adept at it at some level even though they aren't naturally gifted in that way?
3684
written by Ross Blaising, December 19, 2011
Good question Brent. Let me begin by saying that my commentary is strictly for a developers role because it is a 'strategic hire' which will require a number of uncommon skills to be comprehensively successful. I would take a different approach for hiring a property manager for instance. This is because maybe one in 100 will ever need the skills to become a 10,000+ unit regional, whereas every single potential developer will want to become a partner. Also, when hiring a future developer, you are hopefully making a 7+ year commitment to their training.

So when it comes to evaluating their toolbox, I'm not saying that they have to be excellent in every single aspect that I discuss, but I (as the owner) am much better positioned if I have quantified and thought out these issues. Keep in mind that if I am right 50% of the time, that means that half of my training efforts are wasted on folks that cant scale to the job that I eventually need them to do (and our cities get uglier and more disjointed every time I fail). Now of course, getting the issues that I mention right, does not ensure success- but I am playing a game of percentages. If I can get my training success rates up to 85% from 50%, then my buildings are better, investments safer, the built world is more attractive and useful. Everybody wins.

Now as to your question about training and soft-skills...sure I have to hone the soft-skills- I cant necessarily create them. And soft-skills are generally harder and more time intensive to mold than are hard-skills. And they are more risky (maybe folks have the capacity- maybe they don't). The key to good hiring is removing potential chaos from the organization. By analyzing the long-term skills that are necessary for success in the role and taking an in depth survey of the capacity of my candidates, I am working to set my organization up for success and stability into the future.

Remember that the developers success is heavily weighted to soft-skills and judgement. I expect to pay these folks $350K - $600K per year in 9-10 years (including deal ownership of course). If I were hiring a project accountant or leasing agent, I'm wouldn't go through this kind of brain damage...but the developer's role is unique.

Merry Christmas by the way.
What Do You Think?


security code
Write the displayed characters


busy

Insider Blogs

Tashina Wortham 21 Ways to Show You’re Social [in pics] written by Tashina Wortham
Social Media is powerful—that’s pretty much recognized across the board. But a massive social following doesn’t just happen overnight (unless you're like Jeremy Lin or Madonna). Which is why it can be beneficial to promote your comm ...   (Read More)

Jeffrey Spanke "Rest in Peace, George Carlin." written by Jeffrey Spanke
Think of the resident that you hate. But I don’t hate anybody! I love what I do, and everyone is my favorite person in the world. I work in Moonbeam Twinkle Apartments, just under the mystical rainbow of Avalon, down the street from the chocola ...   (Read More)

Judy Bellack What does the Satisfacts Research survey on “All That Apply: ... written by Judy Bellack
NAA’s UNITS magazine published a Satisfacts Research survey in their April issue titled “All That Apply:  Residents’ Leading Marketing Sources.”  The web-based survey queried 34,000 apartment residents who had m ...   (Read More)

Brent Williams Fair Housing Does Have “Costs” And Should Be Part Of The Dis ... written by Brent Williams
I have a one year old daughter, so when I think about where I want to live, one of the major elements is simply whether there are other families with young children in the area.  So imagine me touring an apartment community and asking if there a ...   (Read More)

Buildium LLC Why Should You Get a Property Manager? written by Buildium LLC
A guest post by Gabriel Knight, Mortgage Fit, Chicago, IL While rental property investment might look like a rewarding and positive venture, managing both tenants and properties can be overwhelming. As such, you may need to hire a professional proper ...   (Read More)

Read More Blog Posts