Saturday, April 2, 2011

Strategies For Executives Seeking an Industry Change Without Breaking the Bank

Opportunity to change industry executives to reinvigorate a stalled career, your skills and want to seek a new alliance in a broad range of interests to open a dying / falling are stuck in can have limited options in their desired geographical location, or outsourcing of functions are affected by growing overseas. New York-based Association of Executive Search Consultants according to a study, about 50% of surveyed officials consider changing an industry by bright horizons are looking for.

Although the product and industry knowledge are important to some companies in some industries, it is possible through a successful industry transition to create a focused, systematic process to reduce the level of your compensation without. Unless a situation requires industry-specific technical knowledge or contacts, a clear case that you describe the capacity to succeed in a new industry can be built. In fact, some employers hiring picks up, opening the door to change the industry as the rest of your search criteria.

The secret is to move to a related field. Closer to your industry, more than a comparable salaries because there is a small new business ramp-up period is likely to have to learn to live. Such factors as the complexity of business, product lines and customer groups, marketing or manufacturing methods, culture and an organization's size, and number of similarities in how easily you can transfer your skills to a new environment play a role in the set.

If the idea of ​​marketing yourself in an industry expertise that you do not find it hard, here's how to gain confidence in your search you need to avoid significant mistakes.
The following six steps to make you change an industry with low barriers to more effectively and can guide you.

1. An area that is aligned to select your current industry. Their transition may be easier if you present yourself to the industry with a similar focus will choose an industry. For example: If you are in the transportation industry, railroads and freight trucking sector, airlines, shipping or air courier services for moving, the transition will be more closely aligned. If you are in finance, the related areas of commercial banks, insurance companies, savings and loan or public insurance are included. If you are in health care, combine fields together drugs and pharmaceuticals, biotechnology, outpatient care companies, healthcare packaging and container industry supplies companies, and health care equipment to include electronic equipment manufacturers.

Therefore, recruiters or hiring authorities more closely aligned their capabilities and business issues in the new industry experience will be similar to those many would consider the solution. You're a small compared to candidates from completely different industries learning curve, you negotiate salary, as more of an edge to be well.

2. Select a high-growth industry. Industries that are flailing as a growing industry that are not as practical. Turning down industries, there are an abundance of industry experience with the unemployed officers to choose from, the attention of a hiring executive is likely to be too low. However, high growth industries generally are more open to change and new ideas, and big corporations more and more candidates than are required.

3. Conduct extensive research on potential new industries and specific employers. To try a search without performing due diligence before entering a new industry hard. Extensive resources on the Internet at your public library reference department is available to you, trade / industry publications to read and talk with professionals to learn about your industry and future trends, by using. Immerse yourself in new industry. To attend professional conferences and seminars. And the new understanding about the industry, the more confident you become more capable this list (identify your transferable skills) to meet the next important step will be.

4. Identify your transferable skills and their unique selling proposition to make. Once you have chosen you in a new industry, within and understand performance trends, you have a better understanding of the challenges and needs faced by the sector will be. Specific skills that again through your research and talk to industry professionals are required to determine. Check questions to learn important things that you would do well to ask. Those skills to what you know? If not, what is missing and it's something that you can grow easily?

As an executive, you core competencies that the new industries and organizations, strategic planning, operations management, business development, cross marketing, sales, financial planning and analysis, profit and loss management, people management and can further the A number of officials. Review your career with a focused eye, you have the relevant skills and achievements that you can get in the possibly new industry to identify.

5. Write a resume and focus directed toward its new target industry cover letter. Them to resume their respective success stories during the interview and focus on skills. When writing your resume, and your current industry jargon associated with their specialty downplay. Avoid common / "departments and visionary executive with extensive experience in managing people" as a vague phrase profile.

Select the relevant responsibilities and success stories and in a way that illustrates the connection was present in the target industry. This will prove you the results that they require. In an interview to the hiring authority to explain how your skills and achievements that can be applied in the organization is willing to solve their business challenges.

6. Small companies for positions in their target industries where opportunities are abundant and can be applied to consider. Smaller companies without too much experience for the industry are likely to consider hiring them. Small to medium sized organizations manage the low level and to the right talent to promote from within may not be. Criteria may be relaxed in more than small companies.

On a final note, with any job search, doing your homework is paramount. Although changing industries is quite a challenge, fully prepared, a written plan, solid performance and persistence pose a more personally and professionally rewarding career results you desire can produce.

Targeted job search campaigns as strategic partners in designing, Louise Garver, Career Directions, LLC's president, services and equipment offers you the competition winning the top position and the career you deserve. A certified career coach and certified 20 years of experience in helping people rewarding, meaningful work they find love, Louise resume development, career branding, online identity status, networking interviews, and increments the skills, expertise and Management offers career with resume writers. An individual, through advisory approach, it will help your unique talents, passions and success stories to identify career career "compelling and highly effective" recruiters and hiring officials to produce documents. It started more than 30 publications are published. Please visit our web site

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