Monday, May 16, 2011
Today’s Job Market Requires Flexibility
Conversely, we read that workers with skill sets, which were too specific, were the first cut as companies downsized during this past recession. This makes some sense. If you have fewer workers or managers remaining, they are going to have to take on expanded roles - not only completing their previous assigned responsibilities, but perhaps manage unrelated departments or jobs as well.
But wouldn't it also make sense for lean companies just starting to expand their workforces out of the depths of recession to hire well-rounded individuals who have the capability to do a specific job but also the wherewithal to assist or manage other areas?
That's the dilemma for job seekers today. Do I pigeonhole myself into a position vis-à-vis my resume and the interviews and get pitted against others with those exact skills? Or do I let my broader experience shine through and risk being labeled with less than the concentrated practice they are searching for?
The experts say that college graduates should keep a broad based focus since the changing job market requires flexibility. Workers who already have gained practical experience in a field may be encouraged to add a MBA to their repertoire, to enhance their value to a company, therefore, their survivability.
The reality is that smart, progressive companies - the ones we all aspire to work for - are going to opt for the person with more than just the expertise to perform the job at hand. You probably want to pass on the opportunity if the company is so compartmentalized that they don't want you to think outside of your specific role. The balancing act is to get through the screening of your resume and the gauntlet of preliminary interviews by "playing the game" with your "exact fit" for the job. Once you have an audience with senior management you can address your well-honed transferable skills - as well as the ability to excel in the posted job. It will require nimbleness, but that's what today's job market is about. If the key hiring manager doesn't feel confident of the additional value you will bring to the organization, you may not get the job but at least you will be able to showcase all of your acquired skills. A forward-thinking organization should look beyond that one position and give you the opportunity you seek.
Richard S. Pearson is the Author of 5 Necessary Skills to Keep Your Career on Track 2nd Edition now 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
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 |
Tuesday, January 4, 2011
How Do I Land a New Job in 2011?
As we inch back to full economic recovery in 2011, companies will begin adding new employees. But it will take time for business owners to regain confidence that the country is really in a sustained growth mode. There are still five unemployed workers vying for each job opening – but that is an improvement from the 6.3 per open job a short time ago.
First, let’s deal with the magnitude of the bad news: If you are currently part of the 15 million unemployed, the 9 million forced to work part-time because of no full-time work, or the 2.5 million discouraged workers who have (at least temporarily) given up looking, there is no absolute, guaranteed method to get you back into the mainstream workforce. Add to this the fact that a 2010 survey found that one-half of US workers believe they are in stagnant jobs and the 3 million new workforce entrants – graduating from high school and colleges annually – and you are going to find fierce competition in the jobs marketplace, as people jockey for newly created positions.
Now for some good news: We are seeing signs of jobs creation – perhaps some of the residual growth promised by the stimulus plan – but most likely because the tax cut issue was settled and business owners can better forecast their company and personal liabilities (for the next couple of years). Small businesses have been the jobs growth engine of our economy for the past two decades – creating about three-quarters of all new jobs – and this will get them back in the expansion mode.
In any crowded marketplace, you must differentiate your product from the masses to get noticed and make your sale. There are some proven steps to take to set yourself apart from others in your field and get you in front of hiring managers.
The first thing needed to fast track your job search is to re-tool your resume. Keep in mind it's not about you - but about the skills required by a potential employer, with your skill set overlaid to determine the most qualified candidate. You will want to tweak your resume to mesh with the unique job requirements of each position you are interested in. You've heard it before but it's worth repeating - always maintain an up-to-date resume. The last thing you want is for a friend or colleague to "open a door" for you and ask for your resume, then not receive it for a week or two. It needs to be in their hands while you are in top-of-mind awareness.
Secondly, just about everyone reading this article can find a volunteer position directly or indirectly related to their career, within a week or two. If you have financial services experience, volunteer with a community agency to help people repair their credit scores, as an example. With a human resources background you could assist in a job services center helping workers get back into the labor force. Construction workers would be welcome at Habitat for Humanity. Who knows, you might end up pounding nails with a CEO or city councilmen - not bad connections to do some networking. There are three primary reasons to volunteer: It gives you a "story" to tell a potential employer about what you've been doing; it may provide the opportunity to network and find a new job; and it will build up your self-esteem - utilizing your skills and doing what you do best - giving you the confidence you need to project on the interviews you land.
Networking is where you will find your next job. I do not mean to rush out and join Twitter and see how many followers you can get in 60 days, or friends and family on Facebook. These are just “mediums” to meet people. Networking is reciprocity – always offering assistance to others before asking for help yourself. You will not get any introductions until others get to know you and feel confident in recommending you to their networks. LinkedIn is the most professional social networking site, so join if you have not already done so. Use your newly crafted resume to fill out your profile and search for friends, classmates, and former colleagues to re-connect with. You do not want to appear desperate. Don't ask for a job. Ask about what they are doing. Offer any help you can in getting them connected to others for their own careers or for a work project. Tell them about your volunteer work while you are looking for a new career position. Let them offer to assist you. This is effective networking.
Research companies where you see a logical fit. Don't waste a great deal of time on job search sites, which are more or less the "help wanted ads" of the digital age. You can find sites that will let you drill down for a particular field and by city and region, but you will be competing with hundreds or even thousands of others for these positions. Seek out the companies which employ people with your skills - by reading annual reports, searching their web sites, trade associations, press releases, etc. Then use LinkedIn, or similar more professional networking sites, to find out which ones are hiring; current and former employees you or one of your connections might know; and who can make an introduction for you to get directly to the hiring manager. This is the best way to stand out from the crowd and ensure you will be brought in for an interview.
With small businesses adding three-quarters of all new jobs, focus your attention on that segment. Target your efforts on those that may have been the recipient of outsourced business in your field or a closely related one. You may very well find that one of the large corporations you contact now outsources your specialty. Ask whom they outsource it to - perhaps get them to forward your resume to them (a great way to open the door). When connecting with a small business, you may want to use your large corporate experience to your advantage by suggesting how you can get more companies to outsource to them.
Be prepared to become a contract worker. Almost one-half of all jobs are now filled with contingent workers - consultants, contractors, part-time, or temporary employees. Find a staffing company or two, specializing in your field, and let them go to work and find you an interim position either in your field or a closely related one. Over a third of these jobs become full-time positions and you get the opportunity to experience the company's culture firsthand and they see how you blend in with their existing workforce.
There are no guarantees in life, but following these steps can stack the deck in your favor to land a new job in the shortest time possible. Good luck on your 2011 career quest!
| 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 |