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Executive Job Search & Career Transitions

According to Wikipedia, “Opportunity cost is the value of the next-best choice available to someone who has picked between several mutually exclusive choices...opportunity costs are not restricted to monetary or financial costs: the real cost of output foregone, lost time, swag, pleasure or any other benefit that provides utility should also be considered opportunity costs.”

In the 1980s, business publications took note that employers were making a fundamental mindset change as to how their employees are viewed due the shift from defined benefit to defined contribution pension plans. Employers who offered defined benefit pension plans encouraged and rewarded long-term career employment. In essence, the longer you remained with an organization, the greater your personal long-term benefits. In contrast, when employers shifted to defined contribution pension plans, this represented one of the greatest mindset shifts of employers in recent decades. Born was the age of employees as objectified commodities and employee free agency.

You've resolved to make a career transition and find a new position this year. Congratulations on taking the risk involved in finding more fulfillment in your career. Given the complexities of the job market, it is important to do your due diligence and fully explore your options to ensure a positive transition in the least amount of time to maintain your confidence, which is key to your success. Here are some key points to consider:

Know yourself and your personal brand:
 

In my nearly 20 years of executive search consulting, I have seen the frustrations of the job search process from both the job seeker’s and the hiring company’s perspectives – and seen what successful candidates do to get the job. Here are my top 16 tips for getting that job offer this year.

executive_job_search_advice_from_search_consultant1. Be great at your job. Companies hire specialists who are great at their function. It’s not enough to know what’s entailed in the job. Where do you excel?

If you’re a department head, vice president or director, now is a great time to start planning a move up to the C-suite in the coming year. Because you will need to reach out to your network, polish your resume, talk with executive recruiters and begin the extended interview process, making a change won’t happen overnight.

Here are seven steps that can help set you apart from the competition.
 

c_suite_executive_job_search1. Leverage social media.

2016 is around the corner. If you are making personal resolutions, why not extend that activity to your career as well? Welcome the New Year by reflecting on your job search plan.

Are you doing the same things in your job search today that you did five or 10 years ago and expecting the same results? What may have worked even a year ago may not today, so you need to reassess and retool your action plan to identify your successful strategies and change those that have not been effective.

new-year-executive-job-searchThe points below will help you to audit your job search activities:

The vast benefits of establishing diversity among leaders in organizations is well documented and acknowledged across the globe. Organizations are more able to achieve success when their leadership teams match the diversity in their workplace, communities, customers, markets and stakeholders.

There are many high profile examples of companies who are publicly committing to increasing their levels of diversity. Tim Cook, CEO of Apple, recently led the way at a special orientation session for the recipients of its WWDC Scholarship Program, stating that “I think the most diverse group will produce the best product, I firmly believe that.”

AESC chats with Glenda K. Brown, Managing Director, BlueSteps & Global Partnerships, about why contrary to popular belief, the holidays could still be a good time to land your next executive position.
 

The prevailing wisdom is that the holidays are a bad time for executives to search for a job. Do you agree?

I don’t particularly agree. There are a few reasons that it can actually be an opportune time for executives to conduct a search.

As a Director or VP, one of the key questions you need to ask yourself is, do I really have a passion to advance to a C-level executive position? You cannot allow yourself to be purely driven by money or status, but rather ask the question, “Will I be happy, and fulfilled, in reaching the C-suite?” From the time we start our careers, we all naturally want to be at the top of the heap, but unfortunately, for many, achieving this objective results in a material decrease in job satisfaction.