The Executive Playbook for Tech Disruption
Preparing for Technological Disruption: The Executive Playbook for the Future In an era where change is the only constant, technological disruption has emerged as a
Career transitions, especially at the executive level, can be complex and daunting. Yet, with the right strategy and insights, they can lead to fulfilling new opportunities. Recently, a panel of thought leaders from the executive search community shared their expertise on navigating career pivots during a BlueSteps webinar. Here are the key takeaways from their discussion, aimed at helping executives plan and execute successful transitions.
The post-pandemic era has reshaped how executives approach career moves. As David Harap, a seasoned executive search professional, pointed out, more executives are looking for roles that align with their values and personal goals, rather than simply seeking a title bump or a higher salary. Many are now drawn to industries with a strong social or environmental impact, making career choices more about purpose than compensation.
Phil De Glanville, a Director from Hanover Fox/ECI Group, highlighted specific sectors in the UK that are experiencing growth, such as lithium battery manufacturing, telecommunications infrastructure, and even non-alcoholic beverage production. For those considering a shift, the advice is clear: research where the growth is, and look for industries that are open to new talent.
Building a compelling story around your career pivot is essential. Martin Schubert from Eric Salmon Partners emphasized that it’s not just about expressing a desire to transition; it’s about demonstrating how your skills align with your target industry or role. To do this effectively, consider customizing your resume and LinkedIn profile to highlight transferable skills and experiences directly relevant to your desired path.
Sharnette Donacien from Barrington Hibbert Associates added that it's crucial to continuously update your professional brand. As she outlined, a strategic approach involves defining your purpose, understanding your current brand, developing a narrative that aligns with your new direction, and actively promoting this new image. Importantly, monitor and refresh your brand as you gain new experiences.
To start updating your personal brand, we recommend utilizing our eLearning workbook, “Brand You.” You'll find actional advice and exercises for immediate application.
During the webinar, the panel addressed common challenges that executives face during transitions. Networking was a significant theme—both the difficulty in connecting with professionals in new industries and the challenge of aligning one’s personal brand with a new career direction. David stressed the importance of networking deliberately. “Attending events is not enough,” he said. “Follow up with thoughtful messages and engage deeply with industry conversations.”
For those seeking to break into new sectors, Martin advised understanding the business models of your target industry. This analysis can help identify parallels between your current experience and the skills valued in a new field. Sharnette echoed the importance of leveraging internal networks for those considering a transition within their current organization, advising executives to get involved in high-impact projects that can showcase their readiness for new challenges.
One key question that often arises is whether executives should consider lateral or even downward moves during a transition. Phil offered a practical perspective, noting that taking a step down is sometimes necessary, especially when entering a new industry or role where relevant experience is lacking. This approach allows executives to gain crucial experience and eventually move back up the ladder.
Sharnette shared a similar experience with a client who made a lateral move while relocating to the United States. By focusing on leveraging past experience and gaining relevant exposure, her client was able to position herself effectively for future opportunities in the nonprofit sector.
Networking with executive search consultants can significantly boost your visibility during a transition. However, as Martin noted, executive search firms should not be the only tool in your strategy. Less than 50% of career changes involve executive search firms, so it's essential to actively expand your network beyond these relationships. When engaging with consultants, Phil recommended understanding their industry specializations and focusing your outreach on those who align with your career goals.
Sharnette added that connecting with a variety of search firms, while being targeted in your approach, can open up new opportunities. The key is to make your interactions personal, focusing on the value you bring to specific roles and sectors.
Career transitions require preparation, passion, and persistence. Whether you're looking to switch industries, take on board roles, or explore new geographies, the right strategy can make all the difference. As the panel emphasized, be intentional in your approach, tailor your story to each opportunity, and don’t shy away from taking calculated risks. With a well-crafted narrative, a strong network, and a willingness to adapt, your next career move can become a pivotal step toward greater fulfillment and success.
By embracing these insights, executives can navigate the complexities of career transitions with confidence, positioning themselves for impactful roles in today's evolving job market. For those ready to take the next step, BlueSteps provides resources and connections to help guide your journey toward a successful career transition.
No matter where you are in your journey, professional development is always a priority. Explore our newly released eLearning workbooks, designed to help you land your next role. Each workbook offers a structured approach with interactive exercises to enhance various aspects of your career, including negotiation skills, personal branding, interview techniques, and more.
Preparing for Technological Disruption: The Executive Playbook for the Future In an era where change is the only constant, technological disruption has emerged as a
7 AI Prompts Every Executive Should Try: Fun Ways to Supercharge Your Career Artificial Intelligence (AI) isn’t just for techies and data scientists—it’s a powerful