top-rated free essay

Investing

By jjinks Feb 17, 2013 465 Words
Understanding the Personal Interview:
A Study for Managers Involved in the Hiring Process

Updated by:
MICHELLE HULETT

Understanding the Personal Interview
Introduction
-------------------------------------------------
Personal interviewing continues to be the most widely used method for selecting employees and is often used in conjunction with other techniques such as reference checking, weighted application blanks, skill tests, and psychological testing. There are obviously good reasons for the popularity of the employment interview despite the controversy regarding its validity. The following factors affect validity:

* Pre-interview Impressions
* Psychological Selective Perceptions
* Stereotypes
* Halo-effect
* Trait Configurations

Pre-interview Impression Effects
Pre-interview Impressions
A process model by Diboye, 1982, proposes three interview phases: 1. The Pre-interview Phase;
2. The Interview Phase-the face-to-face interview with the applicant; 3. The Post-Interview Phase-where impressions are formed of the applicant’s qualifications and the decision is made to hire or not to hire.

Figure 1: Diboye’s Interview phases
Self-Fulfilling Prophecy
An interviewer forms a pre-interview opinion of the applicant and categorizes the applicant as “ideal, highly qualified” or “typical” or “unqualified,” and the interviewer’s subsequent conception of the applicant then influences the subsequent gathering and processing of information. This “cognitive-categorization,” means interviewers form expectancies of how applicants present themselves in an interview. Macan and Diboye confirmed this theory in a study they did and found that candidates with high qualifications were expected to give better answers and display traits of an ideal candidate. Their findings also revealed that interviewers have more favorable attitudes to these higher qualified applicants and show more signs of approval in their verbal and nonverbal behavior than the less qualified applicants. This, in turn, influences the applicant’s motivation to make a favorable self-presentation or stop the applicant from trying to make a good impression if he or she becomes discouraged. Also, the interviewer can lead to a behavioral confirmation by restricting the interviewee’s responses or by only asking about negative aspects of their credentials. Perception in the Interview

The Unfavorable Information Effect

There is evidence that the interviewer forms an accept/reject opinion very early on in the interview, often in the first five minutes. This could have a very adverse effect on the outcome of the interview, especially if the initial opinion is unfavorable.

A number of reasons for this have been proposed. First, decision-makers almost certainly receive negative feedback about an unqualified, unsuitable candidate that has been hired, but rarely receive positive feedback about a good hiring decision. Second, the error of rejecting a good candidate goes unpunished. Kanouse and Hanson offer another possible reason–people are more motivated to avoid potential costs than look for potential rewards. In other words, a bad hiring decision is much more costly than the cost of not hiring a good applicant.

Cite This Document

Related Documents

  • GMO 7 Laws Of Investing

    ...GMO WHITE PAPER March 2011 The Seven Immutable Laws of Investing James Montier In my previous missive I concluded that investors should stay true to the principles that have always guided (and should always guide) sensible investment, but I left readers hanging as to what I believe those principles might actually be. So, now, for the moment of ...

    Read More
  • Effective Investing: Barons That Beat the Market

    ...Jack Blanding Professor Jevons Lee May 18, 2012 ACCN 7200-21 Effective Investing: Barons that Beat the Market Introduction The most pertinent question to modern investors is whether it is possible to predict prices and attain arbitrage. Since the time when academics first entered the field of financial investing after World War II, the de...

    Read More
  • Austrian School Value Investing

    ...Ludwig von Mises, Meet Benjamin Graham: Value Investing from an Austrian Point of View Chris Leithner Leithner & Co. Pty Ltd Leithner Investments Pty Ltd Level 3, Benson House 2 Benson Street Toowong, Queensland, Australia chris@leithner.com.au www.leithner.com.au Paper Prepared for “Austrian Economics and Financial Markets” The Venetian H...

    Read More
  • Value Investing: Predicting Long-Term Profitability Based on Fundamental Data

    ...Value Investing: Predicting Long-term Profitability Based on Fundamental Data An Empirical Study in the Manufacturing Industry by Vital Schwander (05-609-136) Master’s Thesis supervised by Prof. Dr. Andreas Grüner University of St.Gallen May 23, 2011 Master in Law & Economics Abstract Warren Buffett (1992) classifies ...

    Read More
  • US Sustainable Responsible And Impact Investing Trends 2014

    ...10 th ED IT IO N REPORT ON US Sustainable, Responsible and Impact Investing Trends 2014 impact companies governance companies environmental SRI social sustainable responsible capital investment Report on U  S Sustainable, Responsible and Impact Investing Trends 3 Sponsors and Donors Donor Wallace Global Fund www.wgf.org ...

    Read More
  • Investing in It

    ...EXECUTIVE SUMMARY: Information technology alters the way an organization does business. It can “contribute to a robust knowledge capture and business intelligence environment.” (Horst, 2010) IT is a strategic asset, when implemented and used appropriately helps recognize the broader opportunity without which the organization will be vulnerab...

    Read More
  • Ethical Investing

    ...Ethical Investing I’ll be addressing, why I would ethically invest in the two companies I’ve chosen Gap Inc. and L’Oreal Paris. L’Oreal Paris was created more than 100 years ago by a young chemistry student known by the name as Eugene Schueller, he had a dream to make hair dye to change the colour of a woman’s hair. The company b...

    Read More
  • Investing in TUFS

    ... Investing in TUFS 1. What went wrong with the TUFS investment and what can be done to prevent these problems in the future? TUFS is the Technical Underwriting Financial System and was the biggest distinct outlay in IT by the Northern Insurance Company. They faced the difficulties in first few months and the team found very hard to finish i...

    Read More

Discover the Best Free Essays on StudyMode

Conquer writer's block once and for all.

High Quality Essays

Our library contains thousands of carefully selected free research papers and essays.

Popular Topics

No matter the topic you're researching, chances are we have it covered.