In my previous blog entry, I described the current Bay Area job market as transitional. I say transitional because we’ve yet to feel an across the board slow down in hiring. However, economic indicators point to a slow down at some point in the near future. How significant, we won’t know until we’re living in it. With that point in mind, I’ve encouraged those who seek to make a job change in 2008, to do so earlier in the year (now), versus later.
One of the first things one has to do in order to get a job search started is update their resume. This can be a challenging, especially for those who have not looked for a new position, or have been out of the job market, for a while. When I work with folks in these situations, the main challenge they encounter when it comes to updating their resume is where to start. What items need to be added? What items should be left off?
To me, one of the best guides to keep in mind while crafting your resume after a long hiatus is to consider who will be receiving it. Who is your targeted audience? Once you determine that, you can then anticipate what kinds of skills and experiences they might be seeking from prospective candidates.
I believe, even a general resume, not necessarily targeting a specific position, should still have a theme to it. Before you sit down and start writing your resume, you should have a career objective in mind. What type of position do you seek? What types of companies/organizations do you what to work for? Who will probably be reviewing your resume first? Do you know the backgrounds of your audience and what they look for? Ask yourself these questions, before you start typing; answering them will help you establish a starting theme. Updating your resume is not just about chronicling your work history. If you’re not sure of the answers to these questions, then the best way to find out is to conduct research and start networking. These topics will be the subject of my next blog entry.
Alchemy’s career services practice can assist you in preparing your resume.
http://www.alchemysearch.com/html/careers.html
--Steve Hernandez
Monday, February 18, 2008
Friday, February 8, 2008
Job Market Update
In my first Blog I promised to update our readers on a quarterly bases on how the job market is doing. The difference between now and last November is that the deaded "R" word (recession) comes up in every interview and I am expected to give some insight as to what it means to each candidate.
Here is what is going on in the Bay Area for Finance, Accoutning, HR and It opportuinties - There is no slow down....yet. We have more opportunties to talk about with our candidates now than in November of 2007. It appears that there is a strong demand for candidates for senior staff positions in all functional areas and there is a slight decrease in Director and Manager roles. In addition there is a continued demand for technical roles in Accounting and fewer jobs that focus on planning and analysis. Many industries we support - Financial Management, Hightechnology and Biotechnology are healthy and continue to grow.
A Careerbuilder.com survey discussed hiring trends for the first quarter of 2008. In it 29% of employers were looking to increase head count, only 7% were looking to decrease, 60% were anticipated no change with 5% unsure.
We did see a slow down in December. We feel the slow down in hiring was not due to economic factors but the fact that hiring managers and candidates were not available during the holidays.
During the last recession the Bay Area was behind in the curve in terms of when the recession impacted or job market. If you think we are headed into a recession and you are looking to make a change, now is the time to do it before your choices of opportunities become more limited. If you are bullish take your time, I will update you on the market in a few months.
Happy hunting!
Bryon McDougall
bryon@alchemysearch.com
Here is what is going on in the Bay Area for Finance, Accoutning, HR and It opportuinties - There is no slow down....yet. We have more opportunties to talk about with our candidates now than in November of 2007. It appears that there is a strong demand for candidates for senior staff positions in all functional areas and there is a slight decrease in Director and Manager roles. In addition there is a continued demand for technical roles in Accounting and fewer jobs that focus on planning and analysis. Many industries we support - Financial Management, Hightechnology and Biotechnology are healthy and continue to grow.
A Careerbuilder.com survey discussed hiring trends for the first quarter of 2008. In it 29% of employers were looking to increase head count, only 7% were looking to decrease, 60% were anticipated no change with 5% unsure.
We did see a slow down in December. We feel the slow down in hiring was not due to economic factors but the fact that hiring managers and candidates were not available during the holidays.
During the last recession the Bay Area was behind in the curve in terms of when the recession impacted or job market. If you think we are headed into a recession and you are looking to make a change, now is the time to do it before your choices of opportunities become more limited. If you are bullish take your time, I will update you on the market in a few months.
Happy hunting!
Bryon McDougall
bryon@alchemysearch.com
Saturday, February 2, 2008
Job Change is Simple and Not Easy
Even when you are completely ready and motivated for what awaits you, the change process is stressful. Add to that the often non-rational aspects of a job search and it should come as no surprise that changing jobs is often not as simple or as easy it looks.
With this in mind, there are several things you can do to ease your way through the job search and minimize your stress:
· Take steady and regular steps in the process and work at a pace that is right for you. Each of us has a rhythm and pattern that works best for us—find yours and stick with it.
· Take care of yourself. During times of stress, we often forget to do this. Exercise regularly, get enough sleep, and eat well.
· Be sure to spend time each day to appreciate yourself, those around you, and for what you have.
· Reward yourself when you have had a particularly productive day, conducted a great interview, or have made contact with a key connection.
· Take “time outs” from the process, as needed, to re-energize yourself.
Another aspect of managing a job change is to see the trajectory of your entire career and to recognize that this is but one part of a larger journey. This change, whether big or small, needs to be seen in the context of your entire life (and relative to what’s most important to you) and of your career (think of past changes, future changes, and how you have and will successfully navigate those). Keeping this job change in perspective will help minimize any stress you are feeling.
Changing jobs is a fairly straightforward process, but it is often accompanied by a fair amount of stress. By following the guidelines above, you will have a much smoother journey and be much more likely to achieve the goals you’ve laid out for yourself.
Mark Guterman
mark@alchemysearch.com
Even when you are completely ready and motivated for what awaits you, the change process is stressful. Add to that the often non-rational aspects of a job search and it should come as no surprise that changing jobs is often not as simple or as easy it looks.
With this in mind, there are several things you can do to ease your way through the job search and minimize your stress:
· Take steady and regular steps in the process and work at a pace that is right for you. Each of us has a rhythm and pattern that works best for us—find yours and stick with it.
· Take care of yourself. During times of stress, we often forget to do this. Exercise regularly, get enough sleep, and eat well.
· Be sure to spend time each day to appreciate yourself, those around you, and for what you have.
· Reward yourself when you have had a particularly productive day, conducted a great interview, or have made contact with a key connection.
· Take “time outs” from the process, as needed, to re-energize yourself.
Another aspect of managing a job change is to see the trajectory of your entire career and to recognize that this is but one part of a larger journey. This change, whether big or small, needs to be seen in the context of your entire life (and relative to what’s most important to you) and of your career (think of past changes, future changes, and how you have and will successfully navigate those). Keeping this job change in perspective will help minimize any stress you are feeling.
Changing jobs is a fairly straightforward process, but it is often accompanied by a fair amount of stress. By following the guidelines above, you will have a much smoother journey and be much more likely to achieve the goals you’ve laid out for yourself.
Mark Guterman
mark@alchemysearch.com
Sunday, January 27, 2008
Job search in a transitional market
I describe the current job market conditions in the Bay Area as transitional, because we’ve yet to feel the full impact of a slowing economy from a hiring perspective, yet economic indicators point to a slow down in employment in the coming months. When I ask my recruiter colleagues, both inside and outside of my firm, how things are going, I receive similar responses: things aren’t as robust as last year, but they are still busy working on searches for key roles.
What I’ve seen personally in the last six months is a decline in demand for senior management to executive level positions, while the demand for middle management and senior-level individual contributors has stayed consistently strong. What does this mean for the 2008 job seeker? Stay tuned, because as employment is a lagging indicator for the health of a local economy, I think the Bay Area employment climate will evolve in the next six months. However, there are things one can do to take advantage of the current transitional employment situation. In the coming weeks I will share more thoughts about job search in a transitional market.
The point for this week is DON’T WAIT! Right now, I believe it’s prudent to seize viable opportunities as they come. If you were planning on waiting until the middle of the year to make a job change, due to a slow down in the market, a viable opportunity may not be available to you in the next six months.
If you are currently in the middle of a job search, and waiting for that PERFECT opportunity to surface, you may want to rethink your parameters. Get it, while the getting is good. Given that it looks like the Bay Area economy may be slowing down, that PERFECT position may take longer to obtain than you initially thought.
Finally, and this point goes back to what I said about not waiting to get started, plan for a longer job search process. As demand slows, so will the availability of opportunities, thus it may take longer to identify the right opportunity for your next career move. Thus, you may want to start your transition process sooner, and plan for it to take longer.
For more insights about the Bay Area job market visit: http://www.alchemysearch.com/html/careers.html
--Steve Hernandez
What I’ve seen personally in the last six months is a decline in demand for senior management to executive level positions, while the demand for middle management and senior-level individual contributors has stayed consistently strong. What does this mean for the 2008 job seeker? Stay tuned, because as employment is a lagging indicator for the health of a local economy, I think the Bay Area employment climate will evolve in the next six months. However, there are things one can do to take advantage of the current transitional employment situation. In the coming weeks I will share more thoughts about job search in a transitional market.
The point for this week is DON’T WAIT! Right now, I believe it’s prudent to seize viable opportunities as they come. If you were planning on waiting until the middle of the year to make a job change, due to a slow down in the market, a viable opportunity may not be available to you in the next six months.
If you are currently in the middle of a job search, and waiting for that PERFECT opportunity to surface, you may want to rethink your parameters. Get it, while the getting is good. Given that it looks like the Bay Area economy may be slowing down, that PERFECT position may take longer to obtain than you initially thought.
Finally, and this point goes back to what I said about not waiting to get started, plan for a longer job search process. As demand slows, so will the availability of opportunities, thus it may take longer to identify the right opportunity for your next career move. Thus, you may want to start your transition process sooner, and plan for it to take longer.
For more insights about the Bay Area job market visit: http://www.alchemysearch.com/html/careers.html
--Steve Hernandez
Friday, January 18, 2008
Age Discrimination in the Job Search
In response to several clients who are in their 50’s and in anticipation of our upcoming workshop, Job Search for the Over 50 Crowd, I’ve had some thoughts regarding age discrimination in the work place. As an older Baby Boomer (I’m 59), I understand that age can be a real issue in the job search.
First of all, age discrimination, like many other types of discrimination, is a real phenomenon. It is often masked when we hear about being “overqualified” or in never having our calls and inquiries returned. And, yes, it is illegal, and yes, you can choose to fight and complain and even sue someone over it. In the big scheme of things, however, I believe that the best way to deal with age discrimination is to make a convincing case that your age is a non-issue.
This begins when you develop the attitude that your age doesn’t matter and that for you, it’s an irrelevancy in the job search. This means that you approach everyone in your job search with an open mind and open heart and that even when you experience obvious discrimination that you not let it affect your approach or mind set.
Once this attitude has been established, you will want to be able to tell your story in a clear and compelling manner, making no apologies for being somewhere for many years, having the same job for a long time, or using that terms and language that might be trendy. Instead, you focus the particulars of your story around the value that you consistently add with your work, your depth, your wisdom, your consistency, reliability, and your flexibility. And of course, you must have examples of each of these.
Finally, it comes down to the fact that most people get hired based not just on their background and competence, but on the relationships and connections they have built over the course of their careers. As someone over 50, you may have a real advantage here if you have been diligent in building and nurturing relationships. If you have not been consistent about this, now is the time to begin. Networking, which is key to a good job search at any age, becomes a key strategy for those over 50. I recommend regular informational interviewing, even when not actively looking for a new job, including talking with people who are in your field, people who are not in, but near your field, as well as anyone else who has ideas, information, advice you would find useful.
Best wishes in your job search.
Mark Guterman
mark@alchemysearch.com
In response to several clients who are in their 50’s and in anticipation of our upcoming workshop, Job Search for the Over 50 Crowd, I’ve had some thoughts regarding age discrimination in the work place. As an older Baby Boomer (I’m 59), I understand that age can be a real issue in the job search.
First of all, age discrimination, like many other types of discrimination, is a real phenomenon. It is often masked when we hear about being “overqualified” or in never having our calls and inquiries returned. And, yes, it is illegal, and yes, you can choose to fight and complain and even sue someone over it. In the big scheme of things, however, I believe that the best way to deal with age discrimination is to make a convincing case that your age is a non-issue.
This begins when you develop the attitude that your age doesn’t matter and that for you, it’s an irrelevancy in the job search. This means that you approach everyone in your job search with an open mind and open heart and that even when you experience obvious discrimination that you not let it affect your approach or mind set.
Once this attitude has been established, you will want to be able to tell your story in a clear and compelling manner, making no apologies for being somewhere for many years, having the same job for a long time, or using that terms and language that might be trendy. Instead, you focus the particulars of your story around the value that you consistently add with your work, your depth, your wisdom, your consistency, reliability, and your flexibility. And of course, you must have examples of each of these.
Finally, it comes down to the fact that most people get hired based not just on their background and competence, but on the relationships and connections they have built over the course of their careers. As someone over 50, you may have a real advantage here if you have been diligent in building and nurturing relationships. If you have not been consistent about this, now is the time to begin. Networking, which is key to a good job search at any age, becomes a key strategy for those over 50. I recommend regular informational interviewing, even when not actively looking for a new job, including talking with people who are in your field, people who are not in, but near your field, as well as anyone else who has ideas, information, advice you would find useful.
Best wishes in your job search.
Mark Guterman
mark@alchemysearch.com
Sunday, January 13, 2008
Pay Attention! Don't get caught off guard at work.
I recently met with someone who had been laid-off after working for roughly 15 years with the same employer. His job search is moving slower than he anticipated, mainly because his skills and experience are fairly specialized, primarily specific to the organization he worked for. He’s now at a point where he’s anxious about his prospects, and feels he may now need to take any job that will accept him, versus pursue an opportunity that suits his career goals.
In expressing empathy for his situation, I commented that I understood his angst, disillusionment, and frustration, at being thrown into this situation so suddenly after providing his organization with 15 years of good work. His response to my comment surprised me. He said that he actually “saw his lay-off coming a year-and-a-half ago.”
He worked at a divisional office for a national firm, so about a-year-and-a-half ago he started to see corporate enact policies that decreased the autonomy of is local branch. He saw reorganizations reduce his staff and scope of responsibility. He began to see closed door meetings that he wasn’t invited to. Finally, he witnessed his biggest advocates in the organization be forced out. All the signs were in front of him, that his job was in danger, yet he didn’t act.
Over the years, I’ve heard of many situations similar to this one. I’ve seen people read the signs and act, and I’ve seen many do nothing. I believe the reason people often choose not to take action, even though they’re sensing trouble, is because change is stressful. Most people find change of any sort unpleasant, especially when it’s as emotionally taxing as job change. Thus, even when one’s work situation becomes uncomfortable and seems to be deteriorating for the worst, they may carry on and simply hope things change for the best. Sometimes they do. But, if they don’t, one can quickly find themselves in a difficult job search situation -- especially as the economy slows.
To avoid this situation, the first step is to pay attention. When you see signs that indicate things are going in a negative direction, take steps to ensure that you’re not caught off guard. What could those sign look like? Perhaps you see reorganizations that keep decreasing your responsibility and importance to the organization. Maybe your relationship with your boss has become strained, and instead of improving, it’s getting worse. Have you been passed over for promotion on more than one occasion? Have you become a “lame duck” within your organization? Do people care about what you think? Are you not being invited to key meetings that effect your department? A big distress sign is when you see people coming and going on interviews within your department, and you’re not being told what position they are interviewing for.
Also pay attention to signs that indicate larger scale organizational instability: decreasing revenue, or funding; reorganizations and lay-offs in other departments; heavy consolidations, mergers and acquisitions within your industry; an economic climate that adversely impacts your industry.
At the same time, I’m not suggesting that one should “jump ship” at the first sign of adversity. I believe it’s commendable to stick with an organization, especially one that has taken care of you, through difficult times. Taking action to protect your career doesn’t necessarily mean starting a full blown job search. If one is sensing trouble at work, there are things one can do to prepare for the worst case scenario, while still doing good work and investing in your company’s future.
Here are examples of proactive activities one can do, before it’s necessary to take extreme action: update your resume; network with peers and professionals outside your organization; make sure you’re aware of what skills and experience are currently in demand within your professional space; become aware of who is hiring within your industry; gather information, talk with recruiters, but make sure you’re comfortable with their commitment to your confidentiality.
-Steve Hernandez
Learn more about Alchemy’s career service programs: http://www.alchemysearch.com/html/careers.html
In expressing empathy for his situation, I commented that I understood his angst, disillusionment, and frustration, at being thrown into this situation so suddenly after providing his organization with 15 years of good work. His response to my comment surprised me. He said that he actually “saw his lay-off coming a year-and-a-half ago.”
He worked at a divisional office for a national firm, so about a-year-and-a-half ago he started to see corporate enact policies that decreased the autonomy of is local branch. He saw reorganizations reduce his staff and scope of responsibility. He began to see closed door meetings that he wasn’t invited to. Finally, he witnessed his biggest advocates in the organization be forced out. All the signs were in front of him, that his job was in danger, yet he didn’t act.
Over the years, I’ve heard of many situations similar to this one. I’ve seen people read the signs and act, and I’ve seen many do nothing. I believe the reason people often choose not to take action, even though they’re sensing trouble, is because change is stressful. Most people find change of any sort unpleasant, especially when it’s as emotionally taxing as job change. Thus, even when one’s work situation becomes uncomfortable and seems to be deteriorating for the worst, they may carry on and simply hope things change for the best. Sometimes they do. But, if they don’t, one can quickly find themselves in a difficult job search situation -- especially as the economy slows.
To avoid this situation, the first step is to pay attention. When you see signs that indicate things are going in a negative direction, take steps to ensure that you’re not caught off guard. What could those sign look like? Perhaps you see reorganizations that keep decreasing your responsibility and importance to the organization. Maybe your relationship with your boss has become strained, and instead of improving, it’s getting worse. Have you been passed over for promotion on more than one occasion? Have you become a “lame duck” within your organization? Do people care about what you think? Are you not being invited to key meetings that effect your department? A big distress sign is when you see people coming and going on interviews within your department, and you’re not being told what position they are interviewing for.
Also pay attention to signs that indicate larger scale organizational instability: decreasing revenue, or funding; reorganizations and lay-offs in other departments; heavy consolidations, mergers and acquisitions within your industry; an economic climate that adversely impacts your industry.
At the same time, I’m not suggesting that one should “jump ship” at the first sign of adversity. I believe it’s commendable to stick with an organization, especially one that has taken care of you, through difficult times. Taking action to protect your career doesn’t necessarily mean starting a full blown job search. If one is sensing trouble at work, there are things one can do to prepare for the worst case scenario, while still doing good work and investing in your company’s future.
Here are examples of proactive activities one can do, before it’s necessary to take extreme action: update your resume; network with peers and professionals outside your organization; make sure you’re aware of what skills and experience are currently in demand within your professional space; become aware of who is hiring within your industry; gather information, talk with recruiters, but make sure you’re comfortable with their commitment to your confidentiality.
-Steve Hernandez
Learn more about Alchemy’s career service programs: http://www.alchemysearch.com/html/careers.html
Friday, January 4, 2008
Thriving at Work in 2008
Happy New Year!
This is a time of potential and possibilities and you might find yourself wondering: How do I make this the most successful year of my career? I believe that it happens when we focus our attention and develop ourselves in three areas of competence.
The first competency is Performing, which is the capacity to do whatever is in front of us as well as possible and to recognize that what we do now has impact on the future. Performing is the key to insuring that we are consistently adding value with our efforts. The skills associated with performing are: Taking initiative, knowing your job/field as well as possible, creative problem solving, written and verbal communications, conflict resolution, team dynamics, and discipline. When fully developed, this competency results in excellence and a sense of mastery.
The second competency is Designing, which is the ability to picture and create a future built from our talents, aspirations, and values. Designing needs to be practiced, not just when we need to change jobs or careers, but as a consistent and regular part of our work lives. The skills needed to develop this competency include: Values clarification, goal setting, gap analysis, decision making, development planning, and market research. When fully developed, this competency results in clarity and confidence.
The third competency is Changing, which is the ability to adapt to changing circumstances and our capacity for changing our minds and behaviors when necessary. Our ability to change is how we navigate successfully from the present to our designed future. The skills needed to develop this competency are: Understanding of the change management process, keeping your resume and interviewing skills current, networking, intelligent risk taking, and listening. When fully developed, this competency results in agility and resilience.
Each of the competencies is important, but we thrive when we are tending to all three. By paying attention through formal or informal study, development, and practice, you’ll not only do better, but you’ll find yourself feeling better and more able to handle whatever the future holds for you. Best wishes for a healthy and prosperous 2008.
Mark Guterman
mark@alchemysearch.com
Happy New Year!
This is a time of potential and possibilities and you might find yourself wondering: How do I make this the most successful year of my career? I believe that it happens when we focus our attention and develop ourselves in three areas of competence.
The first competency is Performing, which is the capacity to do whatever is in front of us as well as possible and to recognize that what we do now has impact on the future. Performing is the key to insuring that we are consistently adding value with our efforts. The skills associated with performing are: Taking initiative, knowing your job/field as well as possible, creative problem solving, written and verbal communications, conflict resolution, team dynamics, and discipline. When fully developed, this competency results in excellence and a sense of mastery.
The second competency is Designing, which is the ability to picture and create a future built from our talents, aspirations, and values. Designing needs to be practiced, not just when we need to change jobs or careers, but as a consistent and regular part of our work lives. The skills needed to develop this competency include: Values clarification, goal setting, gap analysis, decision making, development planning, and market research. When fully developed, this competency results in clarity and confidence.
The third competency is Changing, which is the ability to adapt to changing circumstances and our capacity for changing our minds and behaviors when necessary. Our ability to change is how we navigate successfully from the present to our designed future. The skills needed to develop this competency are: Understanding of the change management process, keeping your resume and interviewing skills current, networking, intelligent risk taking, and listening. When fully developed, this competency results in agility and resilience.
Each of the competencies is important, but we thrive when we are tending to all three. By paying attention through formal or informal study, development, and practice, you’ll not only do better, but you’ll find yourself feeling better and more able to handle whatever the future holds for you. Best wishes for a healthy and prosperous 2008.
Mark Guterman
mark@alchemysearch.com
Subscribe to:
Posts (Atom)