The Coronavirus has dominated much of the news in the past couple of months. Lately, it has made its inevitable appearance in Canada and other countries beyond its origin. Health Experts have begun to educate the Canadian public about precautions and preparations to help us understand how best to respond to this situation.

What can your practice do to proactively manage the health risks?

I was recently at both the emergency and the oral surgeon’s office (one of the benefits of having four children, I am well acquainted with most health care practitioners!). Both had protocols in place to screen for recent travel and signs and symptoms related to the flu.

This is something that would be easy to implement in any optometrist office. It might even be something that could be screened for prior to a patient’s visit to your office. If a patient has recently traveled, for routine eye exams, it may be prudent to reschedule them until after a two-week period following the trip.

For those that visit the clinic, and for the employees and doctors who work there, it is a good time to revisit hand washing protocols. It is understood that coronavirus is transmitted by droplets, so the most effective way to reduce transmission is to keep up a diligent regimen of hand washing between every interaction.

There are other measures you can take to make sure your office stays healthy. Ask your cleaning staff to clean from high to low. Implement a daily routine to clean areas that hands and fingers often touch like light switches, elevator buttons, doorknobs and other handles.

It is also understood that the risks associated with coronavirus are very similar to that of any flu we experience every winter. Like SARS in 2003, part of the fear with the coronavirus is the unknown. Having experienced SARS, however, Canada is in a much better position to share information and assist the general public to minimize their risk. Optometric offices, as part of the larger health care system, can help to educate the general public. They can both set a best practices example on how to screen and proactively diminish exposure risk and they can help alleviate unnecessary worry by educating on ways to protect yourself from contracting the disease.

For now, the risk of contracting coronavirus remains low in Canada. With some education and diligence, the risk is likely to remain low. As part of the Health Care front line, we can play a critical role in education, managing the risk and decreasing the chances that our patients and staff are exposed to the virus. Like SARS, coronavirus will teach us new insights. It will remind us to keep proper hygiene protocols in our offices and those will benefit all of us long after the fear of coronavirus has abated.

KELLY HRYCUSKO

is the co-founder and managing partner of Simple Innovative Management Ideas (SIMI) Inc. and expert Practice Management contributor for Optik magazine. She can be reached at info@simiinc.com.


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In a recent Eyes Wide Open podcast hosted by Dr. Glen Chiasson, Jackie Joachim, COO of ROI Corporation, Canada’s leading health professions business broker, stated that when it comes to buying/selling practices, Optometry is 10 years behind Dentistry and 5 years behind Veterinary professionals  Listen to the Podcast.

Eye Care Business Canada asked Jackie, based on her 25+ years of experience, to share her thoughts on why Optometry is behind the other health professions.  Here are her top 7 reasons.

By  Jackie Joachim, COO ROI Corporation.

  1. There are more 3rd parties that value practices for Dentistry and Vets
    There are more active players in Dental in the past 10 years and Vets have increased. Eye care doesn’t have the same number of interested parties, so far. Corporate acquisitions in dentistry took off in 2008 and vets 5 years later. We now see many more groups with capital reaching out to us for optometry and optical stores.
  2. Banks needed to catch up with optometrists
    Until about 2017, banks did not provide 100% financing for OD practices. Bankers may have thought of optometry as more a retail business than a health care professional because of the sale of eyeglasses and contacts. However, most of the major banks now put optometry in the same category as dentists and vets.
  3. Education on valuation is still in a developing phase
    In the other professions, more private groups, like ROI Corporation, are expending more effort on seminars and articles educating practice owners. Dentists have greater access to relevant information. We are starting to change that with our efforts in eyecare.  When we do appraisals, most of the clients are pleasantly surprised at the value.
  4. The law of supply and demand
    Dental may have the biggest return for lenders and brokers because their values in equipment and building out are significantly higher. But the competition is also greater for market share. Vets were the next choice and now people are realizing that optometry presents the same opportunity.  Hence the reason we moved into this space 8 years ago and are now seeing greater momentum from our efforts.
  5. Advisors in the industry tend to be other optometrists
    Unfortunately, professions initially trust their own instead of an objective outside professional brokerage like ours. Years of experience with thousands of successfully closed deals cannot be replaced by someone who dabbles in the business on a part-time basis. Within eyecare we have completed a significant number of projects, which gives us great objective insight to the eye care business. Professional expertise applied with sector insight provides the best value for clients.
  6. The EBITA formula trap – Just do the math!
    Straight formulas miss the nuances of a practice to be recognized, such as long-term leases without demo clause, highly attractive location, policies within the office etc. ROI intentionally applies a cash earnings methodology that catches these nuanced factors. ODs are not as educated on value and are still more receptive to private deals using simple formulae. They risk accepting an offer that looks attractive but is really lacking.
  7. Consumer awareness and penetration is lower for eye care.
    It’s well known that Dentistry has promoted their profession remarkably well over the decades (often with the assistance of related commercial interests like toothpaste!) The number of dentists to patients ratio has significantly increased to the point of oversaturation. The number of Vets has also grown due to the positive publicity pertaining to pets. Small animal clinics have gained a lot of positive exposure helping clients see the value in the role of vets. By comparison, eye care has not marshalled the resources that provide the scope and intensity of professional promotion required to create the same level of top-of-mind awareness among consumers. This ultimately trickles down to valuation.

Fortunately, we do see positive trends in all these areas notwithstanding the factors that might be working against a more professional and robust acquisition market and higher practice valuations in eye care.

We expect the gap between optometry and the other health professions to close and are proud to do our part in bringing education and a professional approach to the industry.

Jackie Joachim is the Chief Operating officer for ROI Coporation. ROI specializes in assisting healthcare professionals in the Optometry, Dental and Veterinary spaces appraise and sell / transition their practices.

Insight with Jackie Joachim


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I was recently asked about paying for Continuing Education for staff in an optometrist’s practice.  This practitioner is already investing in staff education by attending association and buying group events.  His question actually was; did it make sense to invest in staff education that was outside of the typical offerings within the optical industry.

My answer was yes.

Some of my own favourite learning has come from outside of the optical industry.  We recently hosted a Former Executive from Disney.  He provided us with some interesting perspective on staff engagement and the idea of having the hard conversations that lead to the results that every business is striving for.  It has become part of the dialogue that I have with my clients as we discuss when to add staff and when to let staff go.

One of my Christmas gifts this year was a gift certificate to attend a Cooking School at a local restaurant.  It is sort of fascinating to reflect on how this experience influenced my consulting efforts following that.  One of the most important pieces of the evening was the experience.  “Deconstructing” the Chef role and allowing the patrons to become part of the process gave us all new respect for the meals that are created each and every night.  Besides the intuitive way the chef was able to compensate and change ingredients to “fix” mistakes, I was also reminded of how important the quality of equipment is.  A walk in fridge meant we could cool down sauces quickly to move on to next steps (without the risk of thawing everything else in the freezer!).  The industrial induction ovens held more heat and cooked items more evenly.  He pointed this out to us as we went.

So while this learning wasn’t specifically optical related, I walked away with some great transferrable learning.  It reminded me to speak to my clients about the experience they are creating for each of their patients and where they could add some extra value and make the experience a little bit more unique.

In an industry where there is significant employee turnover, it can feel discouraging for employers who are continually investing in employees who will likely not be with them in a year or so.  My advice is to change the perspective.  Supporting new learning has two major benefits:  employees will bring their new learning to benefit the clinic even if only for a short time and employees who feel supported in their personal development are less likely to leave their current employment.

Finally, I recommend creating a budget that is equally available to each member of your team.  Create the CE budget by treating it like a Staff Bonus.  Take .5% of your Gross Revenue and divide by the number of team members.  This is amount the team member can be reimbursed by the clinic for.  Ideally, the team member would pay for the course up front and then submit an expense for reimbursement upon its successful completion.

KELLY HRYCUSKO

is the co-founder and managing partner of Simple Innovative Management Ideas (SIMI) Inc. and expert Practice Management contributor for Optik magazine. She can be reached at info@simiinc.com.


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In this episode, host Glen Chiasson speaks with Jackie Joachim, Chief Operating officer for ROI Corporation, about appraising and selling your optometric practice.

 

 


Jackie Joachim, COO ROI Corp

About the Guest

Jackie Joachim is the Chief Operating officer for ROI Coporation. ROI specializes in assisting healthcare professionals in the Optometry, Dental and Veterinary spaces appraise and sell / transition their practices.

Insight with Jackie Joachim

 


Episode Notes

“Optometrists don’t really understand the value of their practices,” says Jackie Joachim. “We have a really good thing going and we deserve to get paid for that good thing.”

Joachim is optimistic about the future value of optometric practices, believing “They are where dental practices were 15 years ago.” If selling your practice is even remotely on your horizon, this episode has “must listen” advice for you.

The various types of appraisals are discussed, including comprehensive appraisals, modified appraisals and letters of opinion. Even if you aren’t interested in selling right away, an appraisal is a useful financial planning tool.

Resources

 

Dr. Glen Chiasson

Dr. Glen Chiasson

Dr. Glen Chiasson is a 1995 graduate of the University of Waterloo School of Optometry. He owns and manages two practices in Toronto. In 2009, he co-hosted a podcast produced for colleagues in eye care, the “International Optometry Podcast”. He is a moderator of the Canadian Optometry Group, an email forum for Canadian optometrists. As  a host of  “Eyes Wide Open”, Glenn  looks forward to exploring new new technologies and services for eye care professionals.

Dr. Chiasson enjoys tennis, hockey, and reading. He lives in Toronto with his wife and two sons.

Dr. Chiasson splits EWO podcast hosting duties with Roxanne Arnal.


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Our consulting partnership, SIMI, recently went through a significant change. One of the founding members left to pursue a new opportunity.  Working as partners for five years, we had naturally fallen into a pattern of knowing who covered what and had complete faith that the other would fulfill their tasks and obligations.

Now venturing alone, I had to quickly figure out how to close any knowledge gaps.  And suddenly I was following the advice I give my clients; creating a “Processes and Procedures” manual to document each step of every process critical to the business.

Three Key Benefits

Going through this exercise has multiple benefits.  The first and most obvious benefit  is that the exercise reduces the likelihood of missing a step.  Certainly, until tasks become  habits, following written instructions might take more time but require less effort in memory recall.

The second benefit comes from the deliberate review of a process.  When we break down a task into steps, there is an opportunity to re-evaluate the effectiveness of the current process.

Recently, I saw a great example of this in an office.  The doctor wanted to know the reason for any cancellations on any given day.  However, to get to this information displayed in the EMR, the office created a process that required many unnecessary steps.  The benefits of knowing the reason for the cancellation did not outweigh the steps it took to create this transparency!  And by adding so many additional steps, there was a lot more room for error.   Moving forward, it was decided that staff would rebook or create an appropriate recall in the EMR for any cancellations or rebooks.  As well, a daysheet would be printed at the beginning of the day – and a quick note would be added beside a patient who cancelled so the doctor could refer to it later.

A third benefit to creating this manual is for onboarding and training purposes.  As I went through the exercise of learning new things myself, I understood the value of written documentation first hand!  Having a reference guide provides a reassuring sense of security.  In a small organization it’s easy to fall into the trap of having just one person handle a certain task in the office.

I remember clearly an incident that happened when I was an optometric assistant many, many years ago.  I came down with a stomach flu.  I could barely walk without feeling like I wanted to pass out.   One of the doctor’s I was working with at the time called and begged me to come in.  I was the only one in the office at that time that could do OHIP billing and submission (think paper files and minimal electronic support – gasp!).  In hindsight, creating a step by step instruction sheet for this process would have made it possible for another employee to step in with confidence.

How to Start

While creating a Processes and Procedure manual  is not a small project , it’s  an essential undertaking for the benefit of your practice.  Start my making a list of every single task that is done in the office – from answering the phone and the greeting you expect, to how to how to order products.  Have the team member currently responsible for the task, write out their current step by step process.  Together, review each one for efficiency opportunities.

This will be time well spent and benefit your practice in all the years to come.

KELLY HRYCUSKO

is the co-founder and managing partner of Simple Innovative Management Ideas (SIMI) Inc. and expert Practice Management contributor for Optik magazine. She can be reached at info@simiinc.com.


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Robert Dalton is the Executive Director of the Opticians Association of Canada (OAC)

He hails from Newfoundland and splits his time between the Winnipeg HQ of the OAC
and his home in Nova Scotia.

Robert is an optician with 20+ years of experience.

Robert Dalton

Executive Direct of Opticians Association of Canada

 

Why did you choose your field?

In 1988, at the age of 19, I arrived in Halifax fresh from Newfoundland. It was there that I met a gentleman by the name of William Butler. I had been referred to his shop by Employment services. I had physics as a background and the only other requirement was a license. I gladly proclaimed that I had a license. It was not until later in an interview with Bill that he asked to see it. I proudly produced my NL drivers license – he laughed so hard he almost fell out of his chair. The look on his face was priceless. From there we struck up a friendship – well, really a mentorship. He really taught me everything I know about optics. He also set me on my journey to become involved in the Association world.

What changes do you see in eye care coming down the pipe?

I think we are going to see scope of practice changes – Optometry will move into diagnoses and treatment of eye disease and conditions, while opticians will have their skill sets used in a broader fashion. Refraction services will be based in technology. Opticians can very easily harness that technology. That said, remember the patient wants convenience. They don’t want many appointments – they want one. I see opticians refracting in all sorts of clinical settings. Collaborative care is where we will need to focus for the future – if we want to be part of it.

What is your definition of success or what habits make you a successful person?

I have always benchmarked my success by the expectations of those to whom I serve. In this case I serve two different sets of stakeholders. The members of the Opticians Association of Canada are my professional benchmark. It is by the grace of those opticians who choose to join the OAC that I am able to do work towards meeting the mandate of the OAC. All this to say, sometimes I have found myself in a position where I am advocating members concerns, positions and/or thoughts which may be contrary to industry or government regulatory initiatives. In these cases I try to remind myself that I am not in this role to be popular to all. My responsibility resides with the membership of the OAC first.

I do need to address the second benchmark in my life as a measurement of my idea of success and that is of course my family. I have a beautiful and best friend for my wife who is always in my corner and I have no doubt that she will attest that that can be difficult at times. I also have two fantastic kids that are proud of their dad.

Which ECP speakers/leaders do you admire?

I have to mention Bruce Miles – his leadership was strong, when he spoke people listened, his mind was so very creative, his pathway was true north and yet he still maintained a big heart. Lorne Kashin – an amazing Optician – a fantastic leader and a great resource to opticians in terms of advice. He is always available to support others. A very thoughtful man.

Isabelle Trembley – A very powerful woman who supports others in their endeavours. She is a genius in terms of brand awareness. She is so welcoming and friendly to newcomers in our industry. Elain Grisdale, a very strong leader and international speaker working with the Association of British Dispensing Opticians. Her tireless work and speaking engagements mean I have to give her respect for all she does. Lisa Bannerman at the College of Opticians of British Columbia. She is a deep thinker who is progressively leading the regulatory changing landscape in Canada.

What was your latest indulgence?

I bought a 2004 Road King Harley with stage two upgrades on the engine. I bought it with because my old bike broke down and we were all leaving on a 2 week bike trip in two days. I have not ever missed a ride. It is new to me and l really enjoy it.

What is the best possible future discovery in any field?

Easy, hands down: teleportation. I can’t wait to get off planes!


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In business, we talk about “revenue” centres in a business. These are distinct areas of the business that generate sales.  In a full scope primary care optometry clinic, we generally recognize eye exam services and eyeglasses sales as the two main revenue centres. From these two centres, we expect 50-60% of the revenue of the business will be generated by eyeglass sales and 30% by eye exam services. The remaining 10-20% of the revenue is generated by a mix of diagnostic testing, contact lens and miscellaneous product sales.

Given that, it follows that 50% of your focus on the business should be on managing the optical. As with any business, the first step in operating a successful optical is determining an intentional strategy. Are you the lowest cost provider? Are you offering unique products that can’t be found everywhere? It is imperative that you answer the question of how are you setting yourself apart from the competition.

Once you have determined what your strategy is, you need to clearly articulate it to your staff and to your patients. Just like consumers understand why they would patronage a second hand store versus a high end boutique, it should be just as clear to your patients what shopping experience they can expect in your optical.

With your strategy clearly defined, the next step is to make sure all of your processes and procedures in the optical support it. If you want to be the “go to” optical for unique product then you are planning to visit the Vision Expos to do the majority of your purchasing. If you want to offer good product at great prices, then you need to carefully evaluate your frame and lens costs to ensure you are getting the best discounts possible. If you want to offer convenience, you should set up direct insurance billing and shipping directly to the patient’s home.

Whatever your strategy, the frame inventory needs to be managed daily. Someone needs to be tracking what lines are doing well, if the optical is staying on budget, entering new product into inventory and paying attention to inventory control to prevent theft. This part of the business is bringing in 50% of the revenue – and to do that well and to stay ahead of the pack, it needs to be micro-managed.

Quarterly and annually, you should be evaluating the frame turn of your inventory as well. In general, each line should be turning 2-3x per year. If you have a high volume practice, you will have lots of data to make purchasing decisions with from your EMR. If you are following a boutique strategy and purchasing in bulk and then selling off, evaluating the turn will be a more manual process.

One last word of advice; be intentional with your frame strategy and resist the temptation to offer what everyone else is. The clearer your strategy, the clearer the value proposition is to the patient, the more successful your business will be.

KELLY HRYCUSKO

is the co-founder and managing partner of Simple Innovative Management Ideas (SIMI) Inc. and expert Practice Management contributor for Optik magazine. She can be reached at info@simiinc.com.


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Some years ago, I first wrote about the newly-named disorder “compassion fatigue”. My good friend, Dr. John Wilson, told me that it happened regularly amongst health care practitioners who developed close relationships with and compassion for their
clients while working to the point of exhaustion. We have all heard about interns and the burn-out that occurs in the emergency wards of hospitals and in many medical services.

Practitioners are often motivated by the urgency involved and the skill required to deal with the severe medical conditions of their patients. The adrenaline-like high that can result is manageable and even welcomed when we are young. Sadly, as the years pass, the compassion required becomes a burden and the stress and angst that results can be debilitating. What was once a “high” is now a “low”. What often is understated in this scenario is that compassion fatigue impacts on the practitioner and staff relationship as well. The process of building a successful practice or business requires hard work and long hours not only for the professional but for his/her staff as well. When a practice or business fails, both practitioner/owner and his/her staff are impacted. Lives are disrupted. The pressure to succeed is intensified and sometimes a high price is paid by all.

In my case, my father warned me to keep a “balance” and not become too involved with clients and their personal situations. He went on to advise me to do likewise with staff and maintain a professional composure and distance that allowed me to stay on task and help clients exit (in the long term) from their chosen profession with dignity and profitably and satisfy my staff needs at the same time.

Recently, I spent an evening with my dad and vented about a serious matter that is tormenting one of my clients—and me by direct association. I became emotional. He listened carefully, as he does at age 89, and then with a soft voice told me, “It’s your
job son, it’s not your problem.” My client needs help and asked for advice. Her career is in jeopardy, her dreams and
goals are being shattered in a failed business/practice partnership that is also ruining her marriage. The story is long and complicated and will not be told here but, once again I find I am not fully qualified to help. This, for me, is both frustrating and
fatiguing.

What became evident by the end of my conversation with my father, is that I had to stay focused, offer the best advice I could to achieve the end goal of a successful exit for my client and maintain a professional composure that made the service we offer as a brokerage viable and worthy of success.

TIMOTHY BROWN

is Chief Executive Office of ROI Corporation Canada’s national professional practice and brokerage firm.


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If the candidate’s not engaged, the employee never will be.

The axiom seems self-evident, doesn’t it?

After all, we don’t value that which comes too easily. It’s a quirk of human nature. If we don’t have to work even a little bit for something, we take it for granted. This applies in all aspects of life, including when we are looking for work.

A certain amount of desire is critical to good matchmaking. It fuels the chase and builds commitment – not just to the consummation of the deal, but to making the relationship work in the long term.

In case you think I’ve forgotten about the looming talent shortage, rest assured I understand market dynamics, the laws of supply and demand. When the economy’s booming, it’s a seller’s market. Employers feel a sense of scarcity and respond by dropping their pants. That’s nothing new. And this is about keeping your clothes on, even in a tight market.

Engagement starts early, even when the practice is the suitor.

The principle of engagement is the same, regardless of the market – you’ll need fewer people if you hire those who’ve taken the time to do a little due diligence of their own, who are willing to invest a little time and effort in declaring their candidacy. If they have joined you for the right reasons, they are going to be less likely to leave for frivolous reasons.

If the axiom is so self-evident, then why have we made such a mess of things?

In the rush to build systems that supposedly make it easier both for employers to search through vast résumé databases, and for candidates to find the next, better opportunity… we have succeeded in commoditising both talent and work.

Recruiters and the systems they use are designed to check each candidate’s pedigree against a set checklist of criteria in the posting specs, each time asking themselves, “based on their education, credentials and experience, can this person likely do the job?” We’ve created enormous databases and elaborate search engines, the logic being ‘the more résumés I see, the more likely I am to find a candidate who can do the job’. Not the right candidate, necessarily, but one who will satisfy the specs on paper. We are admitting people into the talent pipeline and filtering them out on the basis of information that has no bearing whatsoever on retention, performance, or how engaged they are likely to be as an employee.

Candidates, for their part, have their own tactics for ‘marketing’ themselves in order to make it through the usual screens and filters. It’s also a numbers game for them; we have taught our employees through the school of hard knocks that survival requires the adoption of a ‘free agent’ mindset. Most have learned the hard way not to entrust their best interests to anyone else and, as we saw in the last boom, many very average performers had adopted a ‘mercenary mindset’, repeatedly selling and reselling their skills to the next higher bidder.

In both cases, the rules of the ‘game’ , if you will, are clearly established. The candidate’s objective is to always have their résumé ‘out there’ and to ‘win’ by receiving a range of offers from which to cherry pick; the recruiter’s is to screen and disqualify contenders, but ultimately to close the search and get the open requisition off their desk. All too often, neither side gives due reflection to whether or not it’s the right candidate or the right job.

In this transactional approach, much has suffered over time. For too many, work is nothing more than a means to an end, something one puts up with to meet another need. Both sides of the supply/demand equation lament the absence of loyalty. Relationships are shallow. Work is less rewarding. Stress and conflict are at an all-time high. Productivity, morale, esprit de corps, even organizational depth are at an all-time low.

Both sides are feeling ripped off, and as a result we face an epidemic of disengagement whose cost to lives – not to mention the economy – is staggering.

If you want an engaged employee, you need to engage the candidate.

Just stop it. Stop relying on traditional means to find people. Think about it – a job hunter can visit Monster or Workopolis and spam their résumés out to 25 employers over lunch, and still have time for a sandwich. Systems like CareerBuilder and others will actually send their CV to employers they have never even heard of! You’re getting a raft of names of people who may only marginally meet your specs, but who are totally uncommitted to you as a prospective employer.

Stop going out of your way to make it easy for candidates to get into your hopper. One-click resume attachment allows them to play the numbers game and get on with their day. It doesn’t help you.

Stop using education, work history and (God help me) keyword searches as the primary means of filtering people in. That methodology is busted.

Perhaps most important, stop lying to candidates. Stop telling them what a great place this is to work, amplifying the features and benefits without presenting a balanced picture. Candidates are adept at finding out the truth; in fact they probably know more about what your people are saying about you than you do.

What should you start doing? Start filtering candidates in on the basis of the four critical aspects of fit first, then on the basis of skills and experience. That will require you to do away with the résumé, or at least move it to the side and look at other factors first. Factors that are predictors of retention, performance and engagement. A Case for a New Approach: www.hiringsmart.com/articles/479/.

Start asking different questions. Ask candidates questions that will reveal their underlying attitudes and preferences in areas critical to their success, and use those as the admission tickets that determine whether the candidate should advance or not.

Our clients have learned that when they adopt a Fit First Philosophy, everything changes.

Allow the candidate to be the first to opt in. Or out.

We need to trust that, presented with the opportunity, candidates are a pretty good judge of what’s right for them, and what’s not. Very few will consciously invest time in pursuing job or a situation that presents a poor fit.

This is where current thinking around employment branding is so critical. The standard thinking has taken a dramatic turn in the last few years. Gone are the days when polished marketing materials and glowing claims had any appeal; in fact, the opposite is now true: those traditional approaches raise suspicion and doubt, and can actually be talent-repellent.

Truth, transparency, respect, openness and authenticity are the new hallmarks of successful employment branding.

The most successful organizations are those that lead with frank information about what it’s like to work there and to be successful. Many have a series of ‘man in the cubicle’ interviews of real employees, unscripted and unrehearsed, saying in their own words why they joined the company, what works well and not so well from their perspective and, more importantly, why they keep coming back every Monday. Others offer blogs, live chat with existing employees, and other features that allow candidates to obtain meaningful, live information about the employment experience. This approach ultimately conveys respect and gives candidates the opportunity to be the first to opt in or out on the basis of fit.

In this way, candidates become engaged early… setting the stage for a well informed, engaged and productive employee.

TIM BRENNAN

is Chief Visionary Officer with Fit First Technologies Inc, the creators of Eyeployment, TalentSorter and Jobtimize.


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Spammers and scammers are attacking everybody. Typically, I receive up to 10 scam/spam emails a day, and fortunately, my office uses a defense system that captures about 99% of them. But recently, one slipped through my inbox.

A spammer had perfectly mimicked my email identity and my email signature. Emails came to my office staff using my exact email address. There were a few clues that made us realize later that it was a scam; however, at the time, I was away and the scammers told my staff that I demanded a payment of tens of thousands of dollars be made to one of our regular suppliers.

The spammer had duplicated an invoice that one of our suppliers had sent to us by email several months earlier. The invoice appeared authentic to my staff members. They proceeded to process the cheque. The next day, I returned from my out-of-town trip and was asked, “Tim, why was it so urgent that we had to pay that supplier bill yesterday?” I responded, “I have no idea what you’re talking about.”

The staff member showed me the emails that had been sent demanding a payment be made the same day. I looked at the emails, which appeared legitimate, but noticed a couple of words that I don’t use. One was “muchly,” as in, “muchly appreciated.” I have never used that word. It is grammatically incorrect. That was one of the indicators that the emails were part of a scam.Fortunately, we were able to stop the cheque from being deposited, and then we made
additional precautions and updated our internal security measures to prevent any such similar scams from happening again.

This was very close to being a major financial setback. Three of my staff members actually approved this cheque being deposited. Shortly after, I received another scammer email from one of my clients that appeared legitimate. His actual signature, his actual cell phone number, his actual website and some of the awards he has won were all contained in the email. The message said that he was away and wanted to get a Google gift card for his nephew and asked if I could help out by buying the gift card and emailing it somewhere for him to access.

Obviously, it was a scam and I laughed and called my client to tell him that he had been scammed. He laughed as well and said “I have to thank the scammers because I’m getting calls from people I haven’t heard from in a long time. I’m reconnecting with old friends and buddies and this is a great thing.”

Ironically, in this case, the scammers and spammers unwittingly generated a little bit of humour. It’s easy to laugh off when people can easily recognize these as scams perpetrated by amateurs and hacks using blind and rotating fraudulent email accounts to extract money illegally. But sadly, some scams are effective and they often prey on senior citizens. I have advised my father and other senior members of our family to be careful about telephone scams by people pretending to be nieces and nephews on holiday pleading for money from an older family member.

Security measures can be implemented by you, the company host of your website domain or your email provider. We can set higher security measures with our email, but of most concern is a junior staff member who might be duped and unable to recognize a sophisticated scam for what it is. This is especially true of a scam directive that has been (supposedly) dictated by the employer (read: boss) or other high ranking senior officials in the company. We need more scam (and spam) education, and we should all practice safe email!

TIMOTHY BROWN

is Chief Executive Office of ROI Corporation Canada’s national professional practice and brokerage firm.


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