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Managing Your Career In Tough Times 102308

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Managing Your Career In Tough Times 102308

  1. 1. Managing Your Career in Tough Times Presented by: Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  2. 2. Managing Your Career in Tough Times Today’s Economy / Labor Market is Shaky Ø Turmoil of Financial Markets Ø Unemployment Ratio: 6.1% (Sept ‘08) Ø Global competition Ø Companies or divisions closing Ø Layoffs © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  3. 3. Managing Your Career in Tough Times Our world of work has been changing since the late 80’s Ø “Job security” is disappearing Ø Rare to be employed by one company through retirement Ø People change jobs more frequently Ø Shift toward “free agents” vs. direct hires © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  4. 4. Managing Your Career in Tough Times Take Back Control of Your Career The government will not bail you out Ø Treat your job and career as though you Ø are “self-employed” Your “employer” is your “client” Ø © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  5. 5. Managing Your Career in Tough Times Motivational Quotes: “The biggest mistake we could ever make Ø in our lives is to think we work for anybody but ourselves.” - Brian Tracy “There’s no security other than that which Ø you create for yourself.” – Denis Waitley © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  6. 6. Managing Your Career in Tough Times 1. Be Visible and Valuable to your employer, clients and customers Get known within your company Ø Be “in-tune” with what your boss needs. Ø Avoid saying: “It’s not my job.” Ø Go the extra mile for clients and co-workers Ø Volunteer for committees Ø © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  7. 7. Managing Your Career in Tough Times Employers / Clients tune into Channel WIFM (What’s In It For Me?) How do you help your employer/clients…? Ø Save money / cut costs Ø Make money Ø Save time Ø Make work faster or easier Ø Solve a serious problem © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  8. 8. Managing Your Career in Tough Times Keep a Career Success Portfolio Ø Career Success Stories (C-A-R) Ø Educational Credentials Ø Testimonials / Letters of Recommendation Ø Performance Evaluations Ø Press Releases / Publications Ø Trademarks / Patents © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  9. 9. Managing Your Career in Tough Times Use Career Success Portfolio items for: Ø Résumé material Ø Employment interviews Ø Performance evaluations Ø Re-interviews for your current job Ø Attracting new clients © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  10. 10. Managing Your Career in Tough Times 2. Invest In Your Own Education Keep your skills current Ø Advanced degree, courses, or seminars Ø Tuition reimbursement programs Ø Pay for it yourself Ø Read trade publications Ø Stay active in industry associations Ø © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  11. 11. Managing Your Career in Tough Times 3. Have an updated résumé ready-to-go Ø Keep a working document on file Ø Don’t wait for a crisis to write one Ø Update every 6-12 months Ø Customize it for opportunities, as they arise. © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  12. 12. Managing Your Career in Tough Times 4. Accumulate an E/R Cash Reserve Unemployment comp is never enough Ø Direct employee: 6 months salary Ø Self employed: 12 months of expenses Ø © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  13. 13. Managing Your Career in Tough Times 5. Build a Network Before You Need It Ø Most jobs and clients come from networking Ø Why? KLT Factor – Know-Like-Trust Ø Biggest mistake: networking in “crisis” mode Ø Make networking a lifestyle © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  14. 14. Managing Your Career in Tough Times 5. Build a Network Before You Need It Ø Networking is: building mutually beneficial relationships over time Ø Networking is not: handling out business cards and schmoozing Ø Networking can happen anywhere; event is not required © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  15. 15. Managing Your Career in Tough Times 5. Build a Network Before You Need It Places and People to Jump-Start Networking Ø Clubs and associations Ø People you do business with Ø Academicians Ø Volunteer efforts Ø Friends, family & neighbors © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com
  16. 16. Managing Your Career in Tough Times Summary Be visible and valuable to your employer 1. and clients. Invest in your own education. 2. Keep your résumé updated. 3. Maintain a cash reserve. 4. Build your network before you need it. 5. © 2008 Joellyn Wittenstein Schwerdlin Certified Career Management Coach www.career-success-coach.com

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