Tuesday’s Quote of the Day
Someone is looking
for exactly what you have to offer.”
In today’s consolidating job market where mergers have eliminated hundreds of executive positions, searching for a job requires the determination of a (well prepared) zealot with the patience of Job. It is not easy, nor is it pain free.
Do not be intimidated by the competition. You do not have to be the smartest candidate in the applicant pool or have more experience than your counterpart, but you do have to be better prepared.
Executives who lose their jobs are like everyone else in town — they have friends, a spouse with a support group, kids in schools, and ties to churches and other community institutions. With these important attachments it is hard to pack up and move on, even if it is for a better paying job. For some it is out of the question so they limit their search geographically. Seven to 10 years ago, the chances of an executive finding the same or similar job in the same geographic area were fairly decent. Today, not so much. This market requires flexibility, especially if you do not feel you can relocate.
The vast majority of people in this category find that it takes twice as long to find their next job. The norm for most executives searching nationally is six to nine months, potentially longer if you are working without the support of a transition coach. So when you decide against a relocation, understand there are some hard and potentially costly tradeoffs, a lessor title with lower pay, a shift into a new market segment, or even a different industry.
Here are three tips to consider:
© 2020 John Gregory Self