BlueSteps Career Management and Executive Search Blog
The BlueSteps Career Management Blog is written with a C-level audience in mind on career management topics ranging from executive compensation, executive resumes, and interview tips to networking, executive job search, and gaining visibility as a professional in one’s industry.
The BlueSteps Executive Search Blog links senior executive candidates to actual retained search recruitment insights from AESC member executive recruiters, BlueSteps career advisors and other guest writers.
BlueSteps is an exclusive service of the Association of Executive Search and Leadership Consultants, the voice of excellence for executive search and leadership consultants worldwide. Confidentiality is a cornerstone of AESC's mission, and only AESC member firms and consultants have access to BlueSteps members resume info. Click here to learn more about the additional benefits of becoming a BlueSteps member.
The role of the 21st Century Chief Financial Officer is drastically different from its traditional book-keeping function. Deloitte tried to map this transition with their article 2011 “The Four Faces of the CFO”, but their failure is that they stop at the theoretical and haven’t gone the extra step to put figures to their ideas. I wanted to see if I could do just that. As such, I got in touch with 449 Chief Financial Officers in Australasia and asked them to look at a more recent article by Deloitte where they delineated that a CFO tends to fit into one of the four categories listed below.
A new year often starts off with major fireworks displays. Your job search might not launch quite that spectacularly. But maybe it doesn’t need to, if you do it right.
Here’s something to think about: “Every man should know how to jump start a dead car battery. You never know when you’ll need this knowledge to...help yourself get out of a jam.” (Brett, ArtOfManliness.com, 2016)
What’s that got to do with jump-starting your job search?
As we enter the holiday season, it is time for the annual ritual of New Year’s Resolutions, more intense for some & less intense for some others. Apart from weight loss, the quest for a new role typically ends up landing in the list of priorities! In this context, while speaking to many people on their goals for a new role in the coming year, I prepared the following outline, based on the advice many sought from me:
As an executive, it’s easy to focus all of your energy on growing your business and helping your team to evolve and develop. Heading into 2018, there is probably a long list of initiatives you hope to roll out that will deliver business processes improvement, unlock latent potential in your team members, and offer long-lasting benefits for your organization.
But don’t forget about your own personal continuous improvement project: yourself. With 2017 nearly behind us, the time has come— once again— to articulate your New Year’s resolutions and create an actionable strategy for achieving them.
Over the last five years, I have had the pleasure of working with and career counselling some of New Zealand’s leading lights in terms of Board Members, C-suite executives and IT technicians. This extraordinary experience has helped me garner a greater understanding of my industry and opened my eyes to new perspectives of how people from all corners of the globe operate in a business environment. One point that has always particularly fascinated me however, is how the southern hemisphere measures up to its northern counterpart. In many respects, there is negligible difference in business ideas and performance, but that’s not to say that there doesn’t seem to be some small element of playing catch up when it comes to corporate structure.
The start of a new year can naturally kick-start a period of self-reflection and a new motivation to self-improve. Often the dreaded end of year review can act as a catalyst for executives who feel that they ought to be progressing further in their careers or are not being fairly compensated for their work. For many executives, the final quarter of the year can help provide the clarity and drive needed to begin an executive job search.
Executives face unique challenges and obstacles when attempting to make a career transition to a new role or industry, but there are steps you can take to get your foot in the door. Preparing yourself to change executive jobs requires in-depth research, thoughtful insight into your skills, expertise and value/unique differentiators.
Once the foundation is set, you need to develop a strategic job search plan that combines rebranding yourself with proactive networking in your target market for information, as well as insight that may help you get your foot in the door ultimately leading to opportunities.
The role of the Chief Technology Officer came about in the 1980s, becoming prominent in the 1990s with the conception of the big internet companies. Tom Berray in The Role of the CTO: Four Models for Success explains that, for businesses, the “CTO role is a low-cost addition to the organization [that] can help reap potentially high pay-offs by identifying and elevating critical opportunities”. Finding a great CTO that meshes with a company’s corporate identity however, can seem more a challenge than discovering a unicorn might.
For managers across the spectrum, the Millennial generation work force is growing in numbers. Forbes suggests that 80% of hiring managers have a view their Millennial employees have narcissistic tendencies, but that this may stem from different generations not understanding each other and their thought place of what a workplace should be. Traditional team based management structures are under threat by an evolution in work environments.
Although there is no exact formula for becoming a “great executive leader”, there are many common traits, strengths, and skills that the majority of great executive leaders possess. Learning how to acquire, develop and utilize these attributes can dramatically improve your career performance and help you to stand out among other executive candidates.