Careerealism Webinar - Tanked Industry

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Arnie Fertig explains the decision tree for leaving a dead-end industry.

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Careerealism Webinar - Tanked Industry

  1. 1. CAREEREALISM.COM WEBINARMY INDUSTRY DISAPPEARD!NOW WHAT? Presented October 20, 2011 by: Arnie Fertig, MPA Careerealism.com Career Expert Head Coach, JOBHUNTERCOACH.COM www.jobhuntercoach.com
  2. 2. DEALING WITH CHANGED WORKFORCE ENVIORNMENT It’s all about readjusting to the new environment… not feeling humiliated, guilty, or becoming overwhelmed!No “cookie cutter” one size fits all answer!
  3. 3. Today we’ll discuss: Individual factors to be assessed A few things to consider when you reposition yourself Basic Options: 8 Hard Choices Special JOBHUNTERCOACH WEBINAR OFFER
  4. 4. JOBHUNTERCOACH LIMITED TIME SPECIAL WEBINAR OFFER:ALL OF THE FOLLOWING:• RESUME REVIEW• LINKEDIN PROFILE REVIEW• 20 MINUTE PERSONALIZED PHONE or SKYPE CONVERSATION TO SUGGEST SPECIFIC WAYS TO IMPROVE YOUR MESSAGECOST: $15.00Contact me at: fertig@jobhuntercoach.com to take advantage of this special offer!LIMIT: When signing up, you MUST indicate that you’ve seen this webinar.Offer good only October 24, 2011 (PayPal surcharge of $1.50 is added if you usePayPal)
  5. 5. INDIVIDUAL FACTORS TO CONSIDERDifferent business climate in different areas
  6. 6. FACTORS IN CAREER CHANGE1. Different business climate in different areas2. Each person has his/her own particular level of commitment to their prior industry. It is all in the eyes of the beholder!
  7. 7. FACTORS IN CAREER CHANGE 1. Different business climate in different areas 2. Different levels of commitment to prior industry 3. Different levels of intellectual curiosity to learn about new things.
  8. 8. FACTORS IN CAREER CHANGE1. Different business climate in different areas2. Different levels of commitment to the industry we have been in3. Different levels of intellectual curiosity to learn about new fields.4.Different levels of risk tolerance for unemployment
  9. 9. FACTORS IN CAREER CHANGE 1. Different business climate in different areas 2. Different levels of commitment to the industry we have been in 3. Different levels of intellectual curiosity to learn about new fields. 4. Different levels of risk tolerance for unemployment 5. Different attitudes about savings & investments: how much is enough to feel secure?
  10. 10. FACTORS IN CAREER CHANGE1. Different business climate in different areas2. Different levels of commitment to the industry3. Different levels of intellectual curiosity4. Different levels of risk tolerance for unemployment5. Different attitudes about savings & investments6. Different levels of willingness to risk new ventures
  11. 11. FACTORS IN CAREER CHANGE 1. Different business climate in different areas 2. Different levels of commitment to the industry 3. Different levels of intellectual curiosity 4. Different levels of risk tolerance for unemployment 5. Different attitudes about savings & investments 6. Different levels of willingness to risk new ventures 7.Different levels of ability/interest to gain new skills
  12. 12. FACTORS IN CAREER CHANGE1. Different business climate in different areas2. Different levels of commitment to the industry3. Different levels of intellectual curiosity4. Different levels of risk tolerance for unemployment5. Different attitudes about savings & investments6. Different levels of willingness to risk new ventures7. Different levels of ability to gain new skills8.Different “drop dead” time frames before panic – or worse – sets in.
  13. 13. HOW TO REPOSITION YOURSELFEXAMINE YOUR OWN EXPERIENCE 1. Identify transferable skills and value 2. Work with a career counselor to Identify your personality type, with Myers-Briggs and other personality and aptitude testing 3. Work with a job hunter coach
  14. 14. HOW TO REPOSITION YOURSELF LEARN THE LANDSCAPE 1. Research the market for your FUNCTIONAL expertise (vs. INDUSTRY) expertise 2. Research the current trend lines, potential threats to your perspective industry
  15. 15. HOW TO REPOSITION YOURSELF Develop Your Core Messaging • Personal Brand • Elevator Speech • Points of professional/personal differentiation
  16. 16. BASIC OPTIONS: 8 HARD CHOICESChoice # 1:Stay where you are, tough it out, and hopethat something will turn up with persistence
  17. 17. BASIC OPTIONS: 8 HARD CHOICES Choice # 1: Stay where you are, tough it out, and hope that something will turn up with persistenceConsider:• What are the economic factors in your community?• Is there a realistic probability that your improvement prospects will improve?• Can you do a better job of getting a job by improving your resume, social networking, informational interviewing, working with a coach?
  18. 18. BASIC OPTIONS: 8 HARD CHOICESChoice #2:Relocate to stay in your field, in your same role
  19. 19. BASIC OPTIONS: 8 HARD CHOICESChoice #2:Relocate to stay in your field, in your same role Consider: • Has your industry or the demand for your skills relocated, or disappeared altogether? • Impact on family of moving • Moving to accept a job offer, or moving in hopes that things will be better elsewhere? • Impact on your finances – Do you have a home to sell? Buy? Costs of living vary considerably in different parts of the country!
  20. 20. BASIC OPTIONS: 8 HARD CHOICESChoice #3: Apply your skills/experience in a similar role in a differentindustry. gizmos  widgetsMANY INDUSTRIES NEEDTHE SAME SKILL SETS!• Sales• Marketing• Software Engineers & IT• Audit / Accounting• Etc., etc., etc.CONSIDER:The challenge of getting past the objection, “Yes, but you didn’tdo “it” in our industry!
  21. 21. BASIC OPTIONS: 8 HARD CHOICESChoice #3: Apply your skills/experience in a similar role in a differentindustry. gizmos  widgets• It is your job to be able to demonstrate how you can use your past experience in a different role/industry• Be prepared to tell a story, cite examples• Be prepared to make a case how your non- inbred background represents an opportunity for growth for your next employer through the new perspective you bring with you
  22. 22. BASIC OPTIONS: 8 HARD CHOICESChoice #4:Transfer skills/experience into a differenttype of role • i.e. Industry convention planner to wedding planner
  23. 23. BASIC OPTIONS: 8 HARD CHOICESChoice #5:Train for a new careerGo back to schoolApprenticeSelf-Taught
  24. 24. BASIC OPTIONS: 8 HARD CHOICESChoice #5:Train for a new careerConsider:• Community College• Grad School• Trade School i.e. Chef as 2nd Career
  25. 25. BASIC OPTIONS: 8 HARD CHOICESChoice #6Follow your dream For example: Open your own business doing what you love and know well.
  26. 26. BASIC OPTIONS: 8 HARD CHOICES Choice #6 Follow your dream Successes I’ve seen: • Avid gardener began side business as floral arranger. • Avid shopper began high end woman’s consignment shop – earning more now than when she was “working” • Avid baker began local coffee shop with her high end muffins.
  27. 27. BASIC OPTIONS: 8 HARD CHOICESChoice #7Find part-time workPatch Multiple IncomeStreams Together
  28. 28. BASIC OPTIONS: 8 HARD CHOICESChoice #7Multiple Income StreamsConsider:• Work part time in more than one place• Early Social Security• Small draw from IRA or other retirement funds• May be a good/only solution for people in late 50’s and early 60’s
  29. 29. BASIC OPTIONS: 8 HARD CHOICES Choice #8 Retire, and make the necessary life style choices to suffice with your savings, social security & investments.
  30. 30. BASIC OPTIONS: 8 HARD CHOICES Consider: • Financial Implications • Time implications • What possibilities this opens / closes • Are you ready for this lifestyle change?
  31. 31. DON’T MAKE RUSHED OR UNINFORMED CHOICES!Talk with:• Family members / life partners• Your trusted network / support system• Your financial advisor, accountant, CPA• Career Counselor• Jobhunter Coach• Informational Interviews• Research, Research, and Research!
  32. 32. JOBHUNTERCOACH CAREEREALISM SEMINAR SPECIAL OFFER:ALL OF THE FOLLOWING:• RESUME REVIEW• LINKEDIN PROFILE REVIEW• 20 MINUTE PERSONALIZED PHONE or SKYPE CONVERSATION TO SUGGEST SPECIFIC WAYS TO IMPROVE YOUR MESSAGE COST: $15.00 (Plus PayPal surcharge if you use PayPal) Contact me at: fertig@jobhuntercoach.com to take advantage of this special offer!LIMIT: When signing up, you MUST indicate that you’ve seen this webinar.Offer good only October 24, 2011
  33. 33. Arnie Fertig, MPA Jobhuntercoach.com Contact Information: fertig@jobhuntercoach.comLinkup with me: www.linkedin.com/in/fertig Follow me: @jobhuntercoach Read my posts on job hunting: www.jobhuntercoach.com

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