Tuesday, February 8, 2011

Make a Move - To a New Job or Promotion Now

We've pretty much hit rock bottom in the job market. Yes, some layoffs will continue in 2011 and beyond - there will always be downsizing - but the unemployment numbers will start dropping, as smart, well-managed companies have already begun to prepare for a sustained economic upturn. If you work for one of these forward thinking companies, you better start to jockey for position to replenish management ranks, as they bring new people on board to fill vacant and expansion positions held over from the deepest recession in decades.

This is similar to the wisdom imparted by a good stock market advisor, buy low and sell high. As we know in the market, many investors jump on the bandwagon trying to catch waves already cresting, then end up selling on the down slope. Companies have shed almost seven and one-half million jobs since the recession started, kept inventories at minimal levels, and stripped advertising budgets to the bone. They must now reposition themselves to take advantage of the economic upturn - even though the jobs piece of the equation is still on a somewhat slippery slope. This presents a great opportunity - in the trough of the jobs market - to advance in your career by riding the wave as recruitment begins in earnest.

Now is the time to gain maximum visibility in your company. Volunteer for new assignments, process improvement committees, to assist other departments, charity drives, even the holiday party planning team. Position yourself as the "go to" person in your department or division. Network within your company, with your manager, mentor, or any other connection, that you are ready for more responsibility. Update your resume and highlight your skills and experience, which have prepared you for more challenge. Why should your company's management look outside the organization, incur recruiting expenses, have questions if someone will fit into the company's culture, etc. when you are a proven asset? But it is up to you and your allies in the organization to communicate this. Your immediate boss, department manager, mentor(s), and others you interact with should be enlisted to sing your praises. Ask other departments, human resources, and your boss to keep you in the loop on jobs before they are even posted - to give you the first crack at them.

If your company does not have near term growth prospects for you, begin looking outside. Now is the time to re-evaluate your skills, education, and experience to begin the search for your dream job. Will you require some intermediate steps like going back to school for an MBA or other course work in your field? Do you need more experience in a particular discipline before you are qualified for your ultimate job? At the same time, evaluate if this dream job is in a field that is expected to continue to have above average growth in the coming years? Will it require a move to another part of the country? Do you have enough savings to make a move - since many companies have cut down on relocation reimbursements? All of these questions need to be answered as you take proactive steps to move forward down your career path.

If the chosen profession has limited growth and therefore upward movement, it may be time to look for a position in another field where your skills and experience will also apply. The US Labor Department has forecast the highest growth occupations through 2018, and may help you in your decision of where to look. Network systems and data communications positions will grow by over 53%; personal and home care aides by 50%; home health aides by almost 49%; computer software engineers by over 44%; and veterinary technologists by 41% to name a few. This information can be found, as well as fast growing cities, on the Bureau of Labor Statistics Web site.

A few words of caution - do not ignore any of your current job responsibilities as you look ahead, down your career path. And for heaven's sake don't tell co-workers you are looking elsewhere, as this will spread like wildfire and could damage chances for an internal promotion. Do your research away from the office, on your own computer and phone, and schedule interviews or meetings over lunch or take a vacation day.

It is up to you, and only you, to seize these new career opportunities, whether inside or outside of your current company. Timing is in your favor, as companies announce their expansion plans and flocks of transitional workers begin tossing their resumes into the hat. Go for it!

Richard S. Pearson is the Author of 5 Necessary Skills to Keep Your Career on Track available on Amazon. He has held vice-president positions with four multibillion dollar travel industry companies and three Internet early stage companies. He has a BA degree from Regis University in Organizational Development. His experience has given him a unique perspective on how to navigate the organizational structures of both large and small companies. He has hired and trained hundreds of employees from frontline salespeople to vice presidents, and coached many through their careers. He is currently working on facilitating the large increase of travel between the US and China, which is taking place.http://www.5necessaryskills.com

1 comment:

  1. Many of people are shy to apply to new job as they love to stick to the one they have. I would recommend you to visit this site ResumeServiceReviews.blogspot.com and be confident, you need to look for new opportunities and switch the job after a specific time otherwise your promotions will become limited.

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