INTRODUCING A SIGNIFICANT
BUSINESS OPPORTUNITY
We all know that business organizations have to be efficient in order to survive. This most often means that human capital has to outperform the competition.
Human Resource professionals, however, also know that even if people are hired for their hard skills - like education, training and the certificates described on their CV - they are terminated because of their soft skills - i.e. their degree of motivation, entrepreneurship, leadership, their style of interaction and their technical orientation in the workplace, or because of a bad “fit” between a candidate, the job, the team or the tasks to be performed.
Experts agree that human resource needs will be the issue that most challenges employers over the next few years. According to Forbes Magazine the focus must be on talent management and development. Even if human resource management have always been important to business success, it is now critical because so many organizations are doing more knowledge-based work, operating globally. This creates complex situations that they must manage where employee performance - good or bad - has a direct impact on the bottom line.
Now organizations have to see talent as a principal resource if they expect to gain a competitive advantage. A strict focus on recruiting talent is not enough though. As an example, both Apple and Microsoft recently announced that they had to part ways with top executives. Even if these people seemed to be talented and effective executives, they proved to be unmanageable. It is reported that they were so abrasive and divisive with staff, they became more trouble than they were worth. Considering the damage caused by these mis-hires to their company's moral, it must have had a significant cost.
This is how ProfileSoft™ fits in…
ProfileSoft™ is a Quebec company (see http://www.profilesoft.ca/en/) specialized in helping organizations manage their human capital. Founder and President Yvan-Marcel Boily developed a proven evaluation system designed to profile human behaviour in the workplace.
Mr. Boily helped hundreds of companies and public institutions solve their human resource challenges for more than 30 years. Leading a team of experts from business and academia, he created an innovative technology that identifies specific traits in human behaviour and predicts performance in the workplace based on an analysis of those traits. The characteristics measured by this application examine 5 key areas in a candidate's workplace behaviour. It measures his or her levels of :
- entrepreneurship
- motivation
- leadership
- interaction and communication style
- technical orientation
Once a candidate fills out ProfileSoft's questionnaire, the system will publish a series of assessments. A unique feature of this innovative tool is how it represents both quantitative and qualitative results of individual profiles.
What a person will do
By describing a candidate's development and his skills as well as the conditions for his optimum performance, the system allows employers to fit a person to a job description without requiring expert evaluation or complicated interpretations to validate its findings. ProfileSoft’s program produces reports to help organizations develop and optimize their «human capital».
Undisputed advantages
Incomparable to any other software designed to manage human resources, the ProfileSoft™ program is also different from every psychometric testing application. It was designed to help companies recruit, select, manage, retain and develop candidates, and to increase and enhance employee productivity, performance, efficiency and time management, and this automatically and online. In short, the ProfileSoft™ system saves time, money and energy because it places the right candidate, at the right place, at the right time, for the right price and the right tasks.
Validated by leading experts and organizations, ProfileSoft™ invested time, talent and financial resources for more than 30 years to perfect a system that now allows the company to guarantee its reliability and efficacy.
ProfileSoft Inc. is looking for a buyer. Now at an age when he is looking to retire from business, Mr Boily has retained Lawrence Poole of Gestion Consult-IIDC Management and Jean Nadeau of SFI to solicit clients who can most benefit from his revolutionary program. Mr Boily wants to enjoy the fruit of his labor as so far, perfecting the ProfileSoft™ system has taken him years of research and a more than $16 million investment. The program was tested and validated by hundreds of thousands of participants and 250 job functions and it has received satisfied results from more than 1500 companies .
A Technological System
ProfileSoft™ is a scientific tool that was designed to assess the soft skills of human capital. Given the fact that 80% of an individual's professional success depends on his soft skills, it is essential for employers to know more about a proposed employee than his diplomas and work experience (what he has acquired). Over 100 specialists from various scientific backgrounds (psychology, mathematics, statistics, data processing, etc.) have contributed to ProfileSoft’s development and test validation.
The ProfileSoft™ system optimizes employee recruitment, retention and development by exposing the training requirement of a new hire. As such, it facilitates human capital management (promotion, adaptability, mobility, coaching, etc.) and it helps participants increase their wellness be offering them a personal self-assessment profile.
ProfileSoft™ can help employers maximize overall employee performance. The system is available online and it includes several interactive features such as - appraisals, reports and various ways to “match” a person to a particular job description or to multi-match. a person to numerous positions. It also has a built-in ATS questionnaire (Application Tracking System) for receiving and managing new hire applications.
Both as a proven online system to help companies manage their human resources and as a system capable of helping any other organization predict a candidates performance in the workplace, ProfileSoft™ offers its proposed buyers 30 years of proven expertise in the assessment of candidates for job selection and placement, as well as an employee management tool and a training predictor.
The ProfileSoft™ measures online those habits related to workplace performance. Understanding these behavioural differences will allow a company to:
- Increase productivity and improve performance;
- Maintain optimum resource efficiency;
- Maximize the productive use of time;
- Reduce the turnover rate;
- Enhance supervision efforts;
- Optimize employee management
- Improve the quality of candidate selection and hiring processes;
ProfileSoft’s system is currently available in both English and French languages, with a Spanish version currently being developed. The system is scientifically transferable from professions and populations through its ability to quantify qualitative information. By measuring the appropriate variables, any organization can see their human capital in a value-adding potential, and then determine what every person does best.
In fact, this is what defines optimum management. Predicting a person’s performance in the conventional way, after going through the many steps of a very time-consuming hiring cycle, only has a success rate of 20%. Hence the need for an assessment system that can predict a person’s performance parameters without having to hire and train him, will avoid the time and money this entails.
Thanks to statistical and technological breakthroughs, ProfileSoft™ is an assessment program that not only determines a person’s potential skills, but also predicts the individual’s performance with a success rate of over 80%! The system is a statistical estimator that allows an employer to first establish the type of job function - operations or management - that best suits a candidate. The candidate’s ability to perform in a competitive or non-competitive work environment is then measured, as is his propensity for entrepreneurship (ability to plan and organize activities, to be self-managing, to develop work structures, follow a procedure, integrate into an organizational structure and withstand pressure).
The system also measures the candidate’s subjective degree of motivation (ability to achieve results, carry out activities, take on challenges, be of service and perform). And, ProfileSoft™ measures a candidate’s leadership ability (can he work independently, with others, control his/her activities, perform individually and perform in a team).
ProfileSoft™ measures a candidate’s interaction style (measures satisfaction derived from communicating with other people, style of approaching others, ability to establish new contacts and interest in the human aspect of business). And the system measures technical orientation (measures satisfaction derived from technical learning, interest in detail and precision, interest in the technical or practical aspect of business, and ability to undergo technical training).
Validity And Reliability of the ProfileSoft™ system
ProfileSoft™ is designed for the professional working world. Developed from empirical data, its concepts were validated using a sample of 47,000 people. The system does not discriminate against gender or language. All of its researches are based on the most recent developments in the field of statistic and mathematics.
The ProfileSoft™ system boasts the highest standards in terms of efficiency:
- 85% accuracy on 28 indicators
- 93% validity on 42 indicators
- 99.5% reliability in detecting atypical cases
To summarize, human capital is playing a key role in the search for a world-class performers. Hiring the right person, in the right place, at the right time and at the right price offers a competitive advantage for any organization.
At the selection stage, every company must use the most appropriate tools to filter out the best human resources it can from the market. It is important for employers to properly determine the characteristics likely to facilitate job performance in a specific position or a given environment. The ideal candidate selection can have a direct positive impact on a company’s performance, working methods, labor base and, in the long run, on the culture as a whole.
Usually a complex and expensive process, ProfileSoft™ now gives employers an ideal and simple way to select qualified individuals from a list of characteristics required for the job. Because this scientific system predicts what the person will do, it is a great way to assess an individual for promotion into leadership roles. Furthermore, this amazing tool was specifically designed to analyze development and training needs. It can be used to get a valuable picture of needs or even an overview of a specific team or the whole organization.
It will identify strong points and weak links, reveal levels of stress experienced by team members and help managers optimize every persons talents and skills.
Try the ProfileSoft™ Wellness Profile yourself. Just visit the website by clicking here and using Access Code # 0009WC.
For more information, please contact me - Lawrence Poole