Here’s something interesting: the way you respond to specific situations tends to be the way you respond across the board. This is nothing mysterious; it simply reveals some of our character traits underlying our behavior. The goal here is to be aware of your behavior patterns during your career transition. Related: 5 Tips To Navigating Career Transitions Successfully For example: If some of your friends you frequently hang out with make plans to get together without you, what is your first reaction? Do you feel rejected, do you get angry, or do you simply wonder what they’re up to and assume they were just about to ask you? Your reaction to this kind of situation is likely the same you’ll have when you don’t hear back after applying somewhere. (And, as an aside: There are SO many reasons you may not hear back after sending in your resume – especially in response to a job posting – that have NOTHING to do with you. ) Another example – a personal one this time: I tend to want to be prepared and have my ducks in a row. Not very convenient when you’re running a business. So, I’m trying my best to unlearn this trait. It’s also not handy if you’re in career transition, as it may prevent you from taking action until you are “ready” – which, if you’re like me, you’ll never be! Perfection is unattainable. Progress, on the other hand, is a fantastic goal.
On average, people will change jobs 10 times during their lifetime. Whatever your reason for switching jobs—whether it be a desire for a new career path or the result of a downsizing effort—it can be a stressful time. If you find yourself at a career crossroad, the first thing you can do is take control of your finances. Related: How To Battle Your Financial Nemesis Here are some tips for managing your finances during a career transition...
A career transition from one type of job to another can be a chosen path or it can be like a Tsunami wave that seems to engulf everything in its path. Related: Career Transition For Middle-Aged Professionals In either case, the way a person navigates a career transition translates into the difference between amazing success and failure. Here are five tips for navigating a career transition as effectively and successfully as possible:
Career transition for middle-aged professionals poses particular challenges and hazards we’ve become all too familiar with. “I’m too old,” “they’ll want someone younger,” “I’ve become too expensive,” and “They might see me as past my prime or otherwise burned out” are all common and fairly logical assumptions that 50-somethings have made since the Great Recession of 2008 reared its ugly head and produced a jobless recovery. Yet we all know more experienced contributors and leaders offer a great deal more insight and wisdom than many of their younger peers. There’s certainly no perception that mature adults suffer from an entitlement mentality or lack of appreciation for work and career, which might otherwise vex their earlier-career counterparts. So, how do you reinvent a paradigm that may be real or imagined (probably both) and stands in the way of helping you land your next role? While this isn’t necessarily simple or easy, remember to think opposite of the herd. Informed candidacy is the key to standing out among your peers. There’s no reason you can’t become your own headhunter; branding this “candidate” you’re representing and developing a strategic marketing campaign that focuses on exploiting opportunities within the hidden job market. It all starts with research because, as they say, “knowledge is power,” and because you’ll have a tremendous added benefit that other headhunter-represented candidates won’t have: there’ll be no fee attached to your scalp! Think in terms of answering the magic question, “What criteria are you using in selecting your next role or ideal employer?” Structure your response in terms of industries, companies, and role titles that make most sense for you, even if they entail a twist or transition from what you’ve been doing. Start with the Bureau of Labor Statistics’ Occupational Outlook Handbook, which you’ll find at www.bls.gov/ooh/. What are the highest paying and fastest growing industries out there right now? From 2010 – 2020, U.S. job growth will average 14%, or roughly 1.4% per year. However, travel agents will only grow 1% within this ten-year time period, while pharmacists will grow 30%+ in that same window. If you’re in a professional field that’s not linked to a particular industry (e.g., human resources, IT, finance, legal, and the like), then the Handbook will show you very clearly what industries have the greatest demand for your profession in terms of an attached spreadsheet on the “Job Outlook” tab, labeled “Employment by Industry.xls.” For example, if you look up the role “Human Resources Managers,” you’ll find that HR job growth by industry over the next ten years stacks up as follows:
If you want to get rid of the knot in your stomach every time you hear the word “negotiation”, you can’t miss this date. Join Mariela Dabbah for her webinar “Negotiating Skills: From Salary to Your Next Career Move” as she shares the fundamental insights that will reveal old thinking patterns that are interfering with your own goals.