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Secrets of Executive Search: Professional Strategies for Managing Your Personal Job Search
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Secrets of Executive Search: Professional Strategies for Managing Your Personal Job Search

by Robert M. Melancon
 

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Professional Strategies,World-Class Advice, and Inside Tips on Finding Your Ideal Job

"The Secrets of Executive Search provides real-world and proven techniques in an easy-to-read reference format. It s a must-read for anyone who will be managing human resources and/or managing their own career into the new millennium." Arthur E. Hobbs, former vice president,

Overview

Professional Strategies,World-Class Advice, and Inside Tips on Finding Your Ideal Job

"The Secrets of Executive Search provides real-world and proven techniques in an easy-to-read reference format. It s a must-read for anyone who will be managing human resources and/or managing their own career into the new millennium." Arthur E. Hobbs, former vice president, Human Resources, Raytheon Systems Co.

"This book will definitely help job candidates at all levels. Not only does it contain career advice that is helpful in conducting your job search, but also for enhancing performance on the job." Libby Sartain, Senior Vice President, Human Resources and Chief People Yahoo at Yahoo! Inc.

"A very current career reference guide complete with job search tips on how to maximize the power of the Internet. It s easy to read, easy to understand, and it s filled with practical, effective techniques and advice. Once I began reading Secrets, I couldn t put it down." C. Douglas Mintmier, Vice President, Human Resources, Mary Kay Inc.

"I ve interviewed countless applicants who could have made the final cut if they had read this book. It makes all the right points clearly and concisely, and provides insights that will guide people on both sides of the hiring equation." W. L. Pendergrass, Vice President, Organization Resources Counselors, Inc.

"The Secrets of Executive Search . . . is right on the money. In this day and age, professionals and executives need a personal development reference manual to help them manage their careers. And this is the one they should have!" James F. Nieves, Vice President, Human Resources, Children s Medical Center of Dallas

"This is a down-to-earth reference guide that includes information many other career management books overlook. It combines the best advice from all worlds, from introspection to the practical side of how best to position yourself to get the job you really want." Richard T. Huntley, Executive Director, Williams Communications Solutions

"Secrets is an extremely savvy snapshot of pragmatic advice for executives considering a career move. It brings into sharp focus the level of detail and preparation that are required for an executive to successfully reengineer his or her career." Douglas P. Thomas, Senior Manager, KPMG LLP

Product Details

ISBN-13:
9780471244158
Publisher:
Wiley
Publication date:
09/09/2002
Pages:
175
Product dimensions:
9.00(w) x 6.00(h) x 1.25(d)

Read an Excerpt

The Secrets of Executive Search

Professional Strategies for Managing Your Personal Job Search
By Robert M. Melancon

John Wiley & Sons

ISBN: 0-471-24415-5


Chapter One

Introspection

"If You Don't Know Where You're Going, You Might End Up Somewhere Else"

FROM THE SEARCH FILES

"Sam" had a strong background in Corporate Finance, but had just been "released" from his third Assistant Treasurer position in the last seven years. The first two times, he assumed that the problem was with his employers. But now he wasn't so sure. Rather than initiate his typical job search "one more time," he decided to seek the help of a professional career counselor. When she asked why his previous assignments had all turned out the same, he thought for a moment, then replied, "I'm really not sure, but I know that I was extremely unhappy in all three!" The counselor then assisted him through a series of self-evaluation exercises.

Through this process, Sam realized that the duties in each of his previous positions were pretty much the same, as were the personality types of his bosses. Finally, it dawned on him that he had not really changed jobs at all. He had only changed desks!

Sam's introspection enabled him to refocus his search exclusively on opportunities offering a less structured environment, with a broader range of responsibilities, and more freedom to act. Within weeks, he accepted a position as Business Manager with a medium-sizedlaw firm. It was just what he had always dreamed of doing, and he has now been happily employed for the past eight years.

If we're not careful we can become victims of our experience!

* * *

As mentioned in the Introduction, there can be myriad reasons why you may want to find a new position. But regardless of the motivation, once you've crossed that emotional bridge, it's time to take action. For many people, this means updating the resume, making reams of copies, acquiring mailing lists, stuffing envelopes, and beginning a mass mailing campaign. But beware; it's a trap-the activity trap. Staying busy only makes you feel as if you're accomplishing something. You're really just spinning your wheels!

While this type of activity may lull you into thinking you're heading in the right direction, it's a false impression, and a terribly inefficient method of locating the job that's right for you. If you fall into this trap, the worst possible situation begins to happen-you start getting invitations for interviews! The more resumes you send out, the more you compound the problem. You're suddenly confronted with an internal dialogue of questions you're completely unprepared to answer. "Which interviews should I take?" "Should I entertain out-of-town interviews, or wait to see if something develops locally?" "Should I interview with company X when I really would rather work for company Y or Z?" "Could I make more money elsewhere?"

You can't properly answer these questions without first going through the extremely important process of career/life planning. If you ignore this step and fail to consider whether the opportunity will take you closer to or further from your career objective, odds are that you'll soon find yourself back in the process of looking for another job. A position that's just a port in a storm is very unlikely to bring you nearer the desired destination. Your career becomes like a pinball machine, with you as the ball. Bounced and bumped from place to place, you ring up a few points, set off a few bells and whistles, but eventually drop into a hole, ending the game. Wouldn't you agree that your career deserves a better strategy?

Career/Life Planning

Your occupation has a tremendous impact on your life, as well as on the lives of your family members. In his book, If You Don't Know Where You're Going, You'll Probably End Up Somewhere Else, David Campbell, a leading specialist in vocational testing and career guidance, writes:

The most important influence on your lifestyle is your occupation. It will determine not only what you do every day, but it will also greatly affect how you live, who your friends are, what clothes you wear, where you take vacations, how much money you make, how long you have to work, etc. Most important, your work will have an enormous impact on how you think about yourself because we identify more closely with our occupations than with anything else.

Self-Reflection

Having an understanding of who you are as a human being, not just who you are as a professional, is critical to self-fulfillment. Embrace and appreciate your role as husband, wife, daughter, son, mother, father, neighbor, and friend, in addition to your role as an engineer, accountant, president, or CEO.

Self-reflection and analysis is key to making the right career decisions. There are numerous tools available to help you through this process, including the ever-popular book, What Color Is Your Parachute? by Richard N. Bolles (Ten Speed Press, 2001). You may even want to consult with a professional career management professional.

This soul-searching requires you to dig deeply into your psyche, and since it's often easier to avoid dealing with these tough questions, many people simply fall into the activity trap. In fact, it's reported that professionals spend considerably more time planning a vacation or computing their taxes than they do planning their careers. Yes, it requires a significant amount of discipline to work through this process, but there's no doubt that the effort will give you the competitive advantage.

Goal Setting

Every manager is responsible for providing direction and leadership in the accomplishment of a specific goal or objective. If you're to be an effective manager of your career, then the first step in your personal job search must be to gain a clear understanding of your long-term career/life goals. Note that I referred to the goals as career/life goals collectively, rather than as career goals and life goals separately. This is because, as stated earlier, for most of us the two are difficult, if not impossible, to separate.

The concept of managing by setting goals isn't new. Peter F. Drucker crystallized the idea in The Practice of Management (HarperBusiness, 1993). Since then, Douglas McGregor, Rensis Likert, and several other well-known behaviorists have also written extensively about goal setting. But perhaps Dr. George Ordiorne, considered the father of Management By Objectives (MBO), is best known for his work in this area. In his book Management Decisions By Objectives, Ordiorne uses MBO to measure performance against the achievement of a stated goal or objective. And it's this "measurement" aspect that makes MBO a particularly useful career-planning tool. Establishing long-term career/life goals provides the basis by which you can measure the appropriateness of a particular career opportunity when it's presented to you.

Another significant benefit of managing your career by goals or objectives is "self-image psychology" as described in Dr. Maxwell Maltz's book, Psycho-Cybernetics (1987). According to his research, the mind and the nervous system combine to form a "goal-striving servomechanism." Maltz believes that once you form a mental image of a desired goal, your mind and body will automatically do the things necessary to achieve that goal. More importantly, he found that you also will be happier when you have a clear understanding of your goal and can see yourself moving toward it.

By establishing career/life goals, you're much more likely to take the actions necessary to reach your long-term objectives. Determine where you want to be by a certain time in the future, and set specific goals that will help you reach your target. If you don't, you're more likely to make a mistake in your job selection, less likely to be happy in your work, and are almost certain to find your career path leading in the wrong direction. If you're working with a career management firm, you probably already have access to a number of self-assessment tools. If not, they're as close as your nearest library, bookstore, or personal computer. Use them to the fullest extent possible. When it comes to your career, an old axiom really hits home, "Those who fail to plan are planning to fail."

Melançon's Dynamic Variables (MDV)

As you work through the career/life planning process, there are three crucial career/life variables that must be prioritized before launching your job search campaign. They are:

* Time

* Dollars

* Geography

To the extent that you must be restrictive on one variable, you'll need to be that much more flexible with the others. I call this Melançon's Dynamic Variables (MDV) since each variable is influenced by the others, and all are in a state of dynamic balance. For example, if you find yourself in a situation where you need to find a new position as soon as possible, then you must be prepared to be more flexible with regard to your geographical preferences and restrictions, as well as your compensation requirements.

However, if you decide your priority is to improve your compensation, then you must be prepared to be more flexible on where you're willing to live, and how long you're willing to take to find the right opportunity. Lastly, if you wish to avoid relocation or for any reason want to focus on one particular geographical location, then you must be prepared to spend more time in the personal search process and be more flexible with your expectations on compensation. The priority you assign to each of these variables will dramatically influence the course and direction of your job search campaign.

It's extremely rare, though not entirely impossible, that you'll be able to accomplish all three objectives in a single job move. So, it's important that you come to grips with these three dynamic variables before beginning your job search. If, after weighing the choices within the framework of your career/ life goals you still decide to attempt this trifecta, you'll at least do so rationally, knowing beforehand that the odds against cashing the ticket are long.

The Career versus Company Decision

Another key area of reflection is deciding whether you want to pursue a career as a professional, or with a single company. This choice also dictates very different strategies. If you choose to pursue a career as a professional, your job choices should be those that relate to a logical path in your profession. For example, if you're an Accounting Manager and aspire long-term to become a CFO, then accepting a position as a Director of Quality Assurance is not only illogical, but it's also counterproductive.

On the other hand, if you're happy working for a particular company and see the possibility of making it to the top, then accepting assignments outside of your profession for exposure and development might not only be acceptable, but also highly advisable.

Organizational Fit

When I first started in executive search, decisions about candidates were easier. They either had the required experience in a given field or they didn't. They were either a good fit for the position or they weren't. Through the years though, I've come to realize the importance of subjective factors such as corporate culture, individual personalities, and work styles. Senior-level candidates are now evaluated much more heavily on organizational fit, that is, how well their personalities will mesh with that of their prospective peers and superiors, whether they can support the organization's goals and objectives, and how well they will be able to conceive and articulate the organization's vision. The further they move away from their college training, the more they must rely on their management and interpersonal skills. And the more senior the executive, the more important organizational fit truly is. The good news is that everyone fits somewhere!

You can identify where you fit best by first coming to grips with who you are as a person, and then focusing on opportunities where you can maximize exposure to your strengths while minimizing exposure to your weaknesses.

Keeping Pace

It's a brave new world. As I mentioned in the Introduction, the traditional business model is out of sync with marketplace reality. There's a lack of allegiance on both sides of the desk. If you still think your employer is responsible for your future, you're in for an unpleasant surprise. In this age of free-agency, we all must be managers of our own careers.

No longer is an extended period with one employer considered a positive. In fact, it can be argued that it is actually a net negative. For one thing, merit pay increases rarely compare with the increase received when making a job change. And for another, the longer you have worked for a single employer, the more likely it is that you will have made mistakes or crossed swords politically. The fact is, many employers are more apt to fill a position with someone "from the outside" who carries no negative baggage, than to promote one of their own.

Corporations now place a premium on individuals who have worked for competitors or within a dissimilar industry. They believe the fresh perspective and stream of new ideas these individuals bring with them are competitively advantageous and essential in an environment that can quickly become stagnant without them. But be careful. Corporations say, "We want people who are risk-takers," but what they really mean is, "We want people who are risk-takers, and always guess right!"

We must begin to think of ourselves as consultants going from project to project and from priority to priority. Virtual organizations are becoming much more common, and the concept of outsourcing is growing exponentially. Flexibility is the key word in industry today. Corporations now bring in outside resources on a strategic basis to fill the roles traditionally held by permanent staff.

Consider this illustration:

Then: Lifetime job security.

Now: Free-agent mentality.

Then: Under five years in the same position = job hopper.

Now: Over five years in the same position = lacks ambition.

Then: Companies look for stability and tenure.

Now: Companies look for new ideas and "out-of-the box" thinkers.

Me, Incorporated

One popular approach is to look at yourself as running your own company, "Me, Incorporated," and not only are you the product, you're also the Director of Marketing, the Chief Financial Officer, and so on. You must take charge and manage your career as though it were a business. A key component of any business is its Board of Directors.

Continues...


Excerpted from The Secrets of Executive Search by Robert M. Melancon Excerpted by permission.
All rights reserved. No part of this excerpt may be reproduced or reprinted without permission in writing from the publisher.
Excerpts are provided by Dial-A-Book Inc. solely for the personal use of visitors to this web site.

What People are Saying About This

James F. Nieves
James F. Nieves, Vice President Human Resources, WebLink Wireless, Inc.:

The Secrets of Executive Search is right on the money.

C. Douglas Douglas Mintmier
C. Douglas Mintmier, V. P. Human Resources Mary Kay, Inc.<:

A very current career reference guide complete with job search tips on how to maximize the power of the Internet.

W.L. Pendergrass
W.L. Roy Pendergrass, former V.P., Corp. Human Resources, Texas Instruments, Inc:

I've interviewed countless applicants who could have made the final cut if they had read this book.

Meet the Author

ROBERT M. MELANCON is the Managing Principal of Melancon Company, a Dallas-based retained executive search and consulting firm with roots dating back to 1973. He is also a speaker and lecturer with thirty-seven years of experience in the field and is widely considered an authority on the subject of executive selection.

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