Managing Your Career in aNew Technology Driven Age

C. Randall Powell

Thank you for the invitation.

Congratulations on your Achievements!

Financial Executive’s InstituteExecutive Day, April 20, 2000Indianapolis Athletics Club

Managing Your Career in aNew Technology Driven Age

C. Randall Powell

Thank you for the invitation.

Congratulations on your Achievements!

Financial Executives InstituteExecutive Day, April 20, 2000Indianapolis Athletics Club

Set the Stage — Current Environment

Trends in Career Outlook Trends in Job Market Employee Needs and Changes INFLUENCE OF TECHNOLOGY Work Environment is Changing Universities Adapting to Change

1

The Current Career Outlook

Very low unemployment Strong economic growth Tough to find technical talent Resort to training Employees willing to leave

(3-5 job tenures) Upward mobility theme for everyone

2

Job Market Changing

Much more efficient (find people)

Easier to advertise (classified, e-mail, www)

Employee attitudes: Best Deal for Me. Employers will to terminate quickly Hire - Train - Fire - Rehire

3

Employee Needs are Changing

Earnings are adequate Want more autonomy and independence More entrepreneurial attitudes Paid in future by options Incentive compensation/bonus if… Less loyalty to job Loyalty to profession; not employer

4

The Environment is Changing

New search technologies Mobile society – go with job Mergers – Spin-offs – IPOs Entrepreneurial spirit (dot.coms) Greater job risk-taking Very hectic work pace

5

The University Servicesare Changing

On-campus interviews not growing Employers focus on underclass students Experiential education – Coops/Internships Career education; not job placement Facilitating relationships Activity-Based education — Learn by doing Continuous education Competing with employers Involved in Career Development/Training

6

Career Managementin a

Technology Age

7

Definition of a CareerVersus a Job

JOB — Way to earn a livelihood – tasks – short-term

Tasks orientedShort-termDo what told to do

CAREER — Work activity themesLonger term commitmentHigher educationExtensive training and experienceContinuous educationFun, enjoyment of activities

8

Career Management Process

Series of jobs Advancement to better job Change as a way of life

9

Career Planning

An extensive activity — balance sheet Continuous process — P & L statement Sets the itinerary Goal-directed behavior Discuss the techniques

10

Presentation Goal

Convince you to do an annual balance sheet Maintain your P & L statement Set profit goals

11

Career Planning Activity

Part I — PlanCreate a balance sheet todayCreate a balance sheet for the future

Part II — Implement Your PlanConstantly look for opportunities

- Within your organization- External to your organization

Job search process- Change must happen- Tools and techniques

Constant monitoring- Change behaviors

- Learn new skills12

Influencing Personal Change

Where are you today? Where do you want to be? Where is your roadmap?

13

Career Planning Model

I. Self-Assessment II. Career ExplorationIII. Career Management

14

Self-AssessmentWho Am I? — Balance Sheet

Current Resume Tests and Inventories Inventories Opinions (yours and others)

15

Self-Assessment Tools Sources

Software Galore Websites Career Development Centers

CollegePrivate

16

Assessment Methodology/Instrument

Values Interests Personal Characteristics Skills and Abilities

17

Websites to Assist — BPO

Keirsey Temperament Sorter Myers-Briggs Type Indicator Holland Self-Directed I-Speak Communication Style – DBM NEO Personality – Discover Me Career Leader – 3 tests America’s Job Bank

18

Assessment Goal

Better understand yourself Document your knowledge Add credibility – Degree/Transcript Beyond KSA (job description)

19

Next Step: What’s Available

Stop dreaming – Get real Internships Mentors Day Trips — Tag-a-longs — Shadow Career Books/Employment Brochures Websites – Professional Associations

20

Exploration Websites

Wetfeet.com Career leader Profiles America’s Job Bank (Career Infonet) Occupational Outlook Handbook bpo.indiana.edu

21

Investigate

Read Explore Surf Talk Write

Rest and Write

22

Goals

Review self Consolidate exploration results Decide Future resume

23

Career Management

Remember: Goal-directed behavior Start job search Accept job Manage to a personal plan

24

Job Search Strategies – Job Leads

College Placement Office Network Agencies Websites

25

Job Websites

Career Xroads Book Monster.com Jobtrak.com Careerpath.com Careermosaic Futurestep.com Joboptions.com

26

Continuous Career Development

Soft Skill DevelopmentComes for experienceLeadershipCommunicationRelationshipMentoring

New Skill DevelopmentUniversities Executive EducationCompany programsGraduate School – change careerWeb universities

27

Lifelong Learning

Formal Informal Continuous Learn to change behaviors Focus on your career plan

28

Career Education

Activity-Based learning External events often drive it

Fired DownsizedMerged Management change

Network constantly Keep resume current Use the new technology

29

“Best of success to you in your chosen career.”

30