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THE MARKET IN 2010? If you are, or are likely to be, seeking a career move during the coming year, it is all too easy to assume you will want “more of the same” or “similar with greater responsibilities and rewards”. Each career move gives the individual a real opportunity to take stock of their career and identify forward options which play to your strengths, skills and experience. It will not be easy for people to reactivate their career in 2010, but experience tells us that to do so successfully you will need a plan of action to reach your career goal. How much thought will you give to setting a realistic career goal? Sadly, most Executives do not spend enough time on this crucial activity – we believe it can and should take up to two months. Having a realistic career goal will help you maintain focus throughout the project and almost as important, help you resist chasing career opportunities which would not be suitable. You will need to review and analyse your career to assess your capabilities, skills and achievements. Make sure you take charge of managing your career and avoid the danger of other people or possible jobs managing your career. Step back and consider all of the possible routes forward which could include:
EMPLOYED NOT EMPLOYED FULL TIME SALARIED OWN BUSINESS PART TIME SALARIED STUDY PART TIME SALARIED PLUS
STUDY VOLUNTARY PORTFOLIO CAREER INTERIM MANAGEMENT SEMI-RETIREMENT RETIREMENT COMMISSION ONLY CONSULTANCY BUY A BUSINESS AND EMPLOY
YOURSELF FRANCHISE
You may have to research and explore several of the above possible routes before arriving at your preferred way forward. In recent years we have seen increasing numbers of Executive candidates choosing to pursue a portfolio career i.e. no longer giving a full time commitment to a single employer, but pursuing several activities on a part-time basis. Do be warned however, a common misconception is that securing a part-time post is easier than securing a full time job. This is not so. The recent recession has led to a reduction in the number of career opportunities for Executive candidates and simultaneously, an increase in the number of candidates seeking a career move. This means more people are considering, or are forced to consider, self employment opportunities. But again, approach with caution, since over 40% of all new businesses fail within the first eighteen months of their existence. Our message is clear. You should take the necessary time to think and plan your next career move. You should not rush, or take action until your career goal is well advanced in terms of definition and clarity. Your thinking and planning may benefit from help and support from those close to you such as family, friends or a Career Coach. However you choose to approach the thinking and planning stage, your objective is to set a realistic and achievable career goal for you. It will not be uncommon in 2010 for Managers and Executives to take up to 6 months in total to secure their ideal next career step and the thinking / planning stage could take a couple of months which could feature: Month 1 v Coming to terms with seeking a next career step v Researching possible options – both employed and self employed Month 2 v Prioritising possible options and carrying our more detailed research to assess the suitability of each option for you. v Drawing up a realistic plan of action to reach your career goal In 2010 you should be prepared for your job seeking activities (the realistic plan of action) to take a further 2 – 4 months before you succeed in securing your ideal next career step. Guy Newton Managing Director 0113 245 3330 guy.newton@thecorpexgroup.com
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