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Live Your Professional Career

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This presentation explores some common denominators that bond professionals, such as economic environment and career planning, and variations that distinguish each one, like individual’s whole ...

This presentation explores some common denominators that bond professionals, such as economic environment and career planning, and variations that distinguish each one, like individual’s whole person and career path. On top of the list for planning one’s own career is to understand one’s self as a whole person. What is important to you? Do you have a balanced outlook of life? Are there risk factors that might tip you off balance? What constitutes a rewarding career? Do you take charge of your own career?

The new career reality reflects that professionals face less opportunity to obtain advancement in the midst of downsizing, outsourcing, offshoring, restructuring and delayering. A new trend in employment also emphasizes the selection of candidates for the best ‘fit’ (not best ‘qualified’) with a position, boss, team, and company culture.

Do you keep an open mind to learn, adapt, take action, and choose the future? The career coach introduces a framework for planning professional career and personal actions. Despite uncertainties, take inventory of your behavioral repertoires and knowledge portfolio in terms of strengths and weaknesses. These competencies are assessable and improvable for desired career results and outcomes.

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    Live Your Professional Career Live Your Professional Career Presentation Transcript

    • Live Your Professional Career Eric TS Pan Meridian Deployment Corporation www.mdc-learning.com
    • Copyright Policy COPYRIGHT ©2008 by Eric TS Pan All rights reserved. Reproduction in whole or in part without permission is prohibited. Low resolution printing (150 dpi) is allowed for personal use only. Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Outline A Whole Person The American Dream Definitions New Career Reality Live Your Professional Career Career Planning Cycle Tech Career Framework Present Economic Crisis Competency-based Skills, Values, and Motives Engineering Career Path Market Life Cycle Regional Advantage Personal Action Framework Recruiting Process Pre-hire Assessment Exploring Other Occupation/Career Options Copyright © 2008 by Eric TS Pan. All rights reserved.
    • In memory of Brian Pugh of SiPort (1961 – 2008) Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Tragedy creates a cause-and-effect chain that clearly reveals what may happen at any time or place because that is the way the world operates. Aristotle The anxiety of the age and the deceitfulness of riches… Matt. 13:22 Far too short, but far from empty, Brian lived life to the fullest. The stories, music and memories that were shared captured for so many the essence of who he was and will always be for all of us. Bruce Reyes-Chow Copyright © 2008 by Eric TS Pan. All rights reserved.
    • A Whole Person [A person whose behaviors, perceptions, attitudes, striving, and beliefs are greater than a sum of their parts] environment body soul spirit People Flesh Event Will Mind Conscience Act Process Think Choose Intuition Property Belief Emotion Feel Copyright © 2008 by Eric TS Pan. All rights reserved.
    • The American Dream “… the right of men to pursue their happiness, by which is meant the right to pursue any lawful business or vocation, in any manner not inconsistent with the equal rights of others, which may increase their prosperity or develop their faculties, so as to give to them their highest enjoyment.quot; U.S. Supreme Court Associate Justice Stephen Johnson Field Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Definitions A job is a work role with a specific organization An occupation is a wide category of jobs with similar characteristics A career is a lifetime journey of building and making good use of your skills, knowledge and experiences. It is the total of all events and relationships in our lives: family, friends, education, work, and leisure activities. What constitutes a rewarding career? Do you take charge of your own career? Source: California Career Planning Guide Copyright © 2008 by Eric TS Pan. All rights reserved.
    • New Career Reality 1. Globalization creates sudden imbalances between human capital supply and demand, function by function, industry by industry, and region by region 2. Careers are borderless, businesses pay for knowledge wherever it is available 3. Downsizing, outsourcing, offshoring, restructuring and delayering make it harder to obtain promotion 4. Individuals required to take ownership of their careers 5. Employers conducts more selective candidate processing, drawing from a larger pool of talent for the best ‘fit’ (not best ‘qualified’); ‘fit’ is important both ways 6. Looking at a management team with proven track records 7. Looking at an individual as a whole person Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Live Your Professional Career Developing your career path is a continuous process of refining, transforming, and balancing. Some of the best business and nonprofit CEOs I've worked with over a sixty-five-year consulting career were not stereotypical leaders. They were all over the map in terms of their personalities, attitudes, values, strengths, and weaknesses. Peter Drucker Markets change, tastes change, so the companies and the individuals who choose to compete in those markets must change. An Wang Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Live Your Professional Career Be observant, keep an open mind, learn, adapt, take action, and choose the future. When you focus on excellence, you will see successful completion of projects. You will make the right decisions. You will be persistent to improve your communication in a precise and concise way in other’s context so that others would understand your message. You will win over them. Milton Chang Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Career Planning Cycle 5. Work 4. Action Networking & Offers & Success at Initiatives Work Search Acceptance Work Continuous Learning Exploring Interview & Improvement Opportunity 3. Decision 6. Life & Career planning is a process of identifying what you’re good at; Making Career how your skills, talents, and interests translate into work; and Change & how to find that work that best Learning Re-evaluation Objectives Balance Plan meet your needs on your schedule. Goal Setting 1. Self- 2. Research & Assessment Analysis Technical & Learning Exploring & Intelligence SWOT Gap Analysis Transferable Skills Pattern Shadowing Values & Interests & Market & Information Work Whole Person Motivators Personality Labor Changes Search Characteristics Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Tech Career Framework Competency Advantage Competitiveness Economics Size & Scope Market Life Cycle & Value Chain Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Present Economic Crisis (2007-2009?) Major financial crisis investment banks, insurance firms and mortgage banks consequent to the subprime mortgage crisis Unemployment construction, real estate, financial services, transportation, and auto sector Debt credit and mortgage defaults, foreclosure, bankruptcy Crisis is moving upwards in the value chain and consumer restaurants, lodging, travel, insurances technology sector Government fiscal crisis, bailout, stimulus Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Discussion How does the present economic crisis impact your Industry Business Occupation Job Neighborhood Family and Friends Finances Time How long could you survive without a job? How will you go about weighing your career options? Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Competitiveness Competencies Advantage Competitiveness Economics Size & Scope Market Life Cycle & Value Chain Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Competencies [Behavioral repertoires and knowledge instrumental in the delivery of desired career-related results and outcomes] Assessable & trainable Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Competency-based Skills, Values, Motives People Operational Emotional Intellectual Business generation Initiative & Interpersonal Vision & Strategy Bottom-line focus Responsibility Coaching&development Organizational Execution Steadiness Influence awareness Systematic approach Self development Networking Analysis & Judgement Project management Effective Professional expertise communication Innovation Constructive teamwork Environment Objectives Relationships Structuring Professional challenge Harmony Rate of change Recognition of performance Honesty Absence of stress Financial reward Cooperation Influencing techniques Security Integrity Working environment Fun while working Fairness Development opportunities Identification Hierarchy Building Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Engineering Career Path People GM/Exec, Advisor Competency Industry, BD Mgt Mkg & National, Sales Global Entrepreneur Business Op Mgt leaders Op Consultant, Inventor, Specialist Prod Dev, Technologist Technical R&D Entry Senior Principal Lead Scope of Work Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Advantage Competency Advantage Competitiveness Economics Size & Scope Market Life Cycle & Value Chain Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Market Life Cycle Market Opportunities Activities Enterprise 1 Product C Life Cycle Product B Life Cycle Product A Life Cycle (New-to-the-world) Start-up Product Pipeline R&D Business Life Cycle Time Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Regional Advantage Example of the Silicon Valley Competitive Capabilities Challenged Capabilities Entrepreneurship/New Manufacturing business creation Back-office operations Research and advanced Product and process technologies enhancement Cross-disciplinary research New product concept/New business model Market development Global integrated management Source: A.T. Kearney analysis Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Bright Spots in Regional Job Market Example in the Silicon Valley Demand remains strong for cutting-edge engineers Emerging clean-tech sector keeps ramping up on venture capital investments — a record $1 billion nationwide in the third quarter Venture funding remains strong in the life science sector Opportunity for companies that can deliver cost savings Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Questions to Consider What factors are important to you? Why are they important to you? Which can you influence? Where is the opportunity? What are you good at? What are your choices or options? How can you gain better assessment? What do you do when opportunity knocks? Who can help you? When must you make a decision? Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Personal Action Framework Your Value Proposition Advantage Competitiveness Economics Your Resources Your Time & Focus Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Personal Action Framework Your value proposition Adopt a habit of constant learning with sequential specialization across multiple functions, disciplines, and cultures Be the best, become an industry insider that demonstrate a sound grasp of technology and business fundamentals Focus on excellence to satisfy customer and societal needs Articulate your message of value-creation that is within your capability Hold the right attitude to work with objectivity, humility, respect, and giving Be selective and build a successful track record in what you do Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Personal Action Framework Your resources and focus Have good relationship skills, valuable networks, and hidden resources to support your endeavors Realize and understand true teamwork, diversity, and empowerment Develop a maturity in life to withstand adversities and to deal with uncertainties and changes Have a backup plan Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Personal Action Framework Your time Manage your time wisely Scouting Trends of industry and economy Market forces (a targeted market) Regional capabilities Maneuver Quantify time, finance, and key constraints Identify and prioritize key motivator Analyze strengths and weaknesses Take inventory of transferable skills Mobilize resources Take calculated risks and set objectives Rapid Tempo Identify opportunities, focus, make decisions, and implement plans quickly or make things happen Achieve a balance between work and life, and renew oneself to press on Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Recruiting Process 5. Pre-hire 4. Interview Assessment Leadership/mgt Decision-making Technical Skills Transferable Skills simulations Assessment In-depth Personality Structured Committee Hearings / Interview Assessment Interview Assessment 6. Hiring 3. Screen 7. Onboarding Decision Description / Scorecard Resume Screen Qualification Feedback References Job Applications Testing 1. Requisition Questionnaire 2. Sourcing Competency Model Skill Gaps Job Description Talent Pool Advertisement Referral Business Job Fair Headhunter Online Posting Criteria Description Copyright © 2008 by Eric Passive Candidate TS Pan. Internal Posting Outsource Agency All rights reserved. Research
    • Pre-hire Assessment Interviews alone are a poor selector of talent 25% accurate in fitting a candidate with a position, boss, team, and company culture Interviews provide only a view of “role style,” an individual’s behavior when he or she is conscious on the impact Pre-hire assessments pinpoints the candidate on the job in “operating style” much more often, not conscious of the impact being made A poor hire is extremely costly Depending upon the position, a poor hire can cost a few hundred thousand in direct costs Indirect costs may run hundreds of thousands to millions more depending upon the strategic decisions poorly made and poorly executed More companies are using pre-hire assessments for senior level positions Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Advice for Candidate Be honest about your abilities, assessment can pick up faking and produce faking scores It is all about ‘FIT’ on both sides. Good fit means a successful position for candidate and employer Make sure to ‘interview’ the company as well Ask for feedback For more information on pre-hire assessment Contact: Harly Neumann, Ph.D. hneumann@stanfordalumni.org 925-899-0701 Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Exploring Other Occupational/Career Options Education Entrepreneur Finance/Insurance/Investment Franchise Import/Export Independent Professional Health Care Law Enforcement and Legal Nonprofit Small Business ? Copyright © 2008 by Eric TS Pan. All rights reserved.
    • Career Planning Toolkit for Technical Professionals books.google.com ISBN 0975448005
    • Contact Eric Pan eric_pan@meridiandeployment.com Meridian Deployment Corporation www.mdc-learning.com Copyright © 2008 by Eric TS Pan. All rights reserved.