Is It Time for Plan B?

18 June, 2009 (14:47) | mpnThoughts

The Sunday New York Times recently featured an article entitled, “What’s Your Backup Plan?” The article looked at three potential backup plans: chocolatier, organic farmer, and dog massage therapist. As the author, Alex Williams noted, “Plan B typically offers less money and prestige than Plan A, but promises a more hands-on, stress-free and fulfilling existence. That’s the fantasy anyway. After a few days spent test-driving a few new careers, however, I started to suspect that Plan B should really be called Plan G. For grind.” Obviously, that lead and ensuing story makes for an entertaining one—especially for the well-heeled of Fifth Avenue—but for the rest of us, it’s serious business. If the downturn continues, do you have a Plan B? A way to bring home some money, do something that appeals to you, and isn’t such a grind that you can’t keep looking for something in your regular line of work? Sometimes these Plan B’s can turn into a full-time job…and a new life. Witness one MPNer who in the last recession took her interest in animals and started a pet products distribution company. Did it make her rich as Croesus? No. But last I heard she was living upcountry and happily serving the pets of New England. Or the MPNer who just didn’t seem to gain any traction in the large corporate database marketing firms. He finally bit the bullet and took the exams and became a middle school science teacher. And we know another MPNer who is currently spearheading the effort to market a new line of organic teas. And having some fun doing it, too, by all reports. So what’s your Plan B? Might be worth some thought now.

Is it me or does it feel like there is change in the air?

4 May, 2009 (08:36) | Uncategorized

Yes, the unemployment figures across the nation are still awful; hell, the second quarter GDP numbers were even worse. So one would not be wrong to say that we are all, economically speaking, in deep doo-doo. Yet, you can see the effects of the stimulus money reaching down into community projects; repairs to the infrastructure like subway stops and National Guard buildings. Meanwhile, the job leads seem to be flowing in in increasing numbers. In fact, I sent around a whole bunch at the end of last week, some of them great opportunities, too. The level of activity of many MPNers is high; attendance at our meetings is down, in part because people are too busy with interviews to come. It’s one of those instances where you can’t quite put your finger on it, but it just feels like the pace has picked up. If you’re going to networking meetings all the time, you may be rubbing up against a lot of depressed people, but if you take the time to network one on one with the people in your space, at your level, I think you’ll find that each one has something going. Some are studying for new career opportunities; others are contracting or consulting in steady, if not full-time, slots; and still others are launching out in new directions with new products that could change the face of their respective industries. In short, it’s spring…and time for you to pluck one of those bright flowers in the garden of the job market today: Carpe diem!

So, Just How Bad Is It Out There?

6 April, 2009 (08:31) | mpnThoughts

Just to give you a little insight on how things look from the end of the table at MPN: We have only had two people get full time, bona fide jobs in the last few months, far fewer than normal, but not so bad given the economy. A number of people have taken on part-time, contract jobs: some in their field, some outside. More than a few of those contracts have been rolled over with good prospects for the future. The numbers at MPN meetings have doubled, or thereabouts, in the past three to four months, with some MPNers, and good ones, returning after losing jobs that they had held – some for lengthy periods, but many for shorter stints, say nine months to a year. The job leads that are coming in have decreased, but there has by no means been a stoppage in the pipeline. That being said, when a good marketing job opens up at a growing company such as Constant Contact, resumes pour in. The company received, according to one report, up to 350 resumes—but keep in mind that no means are all of those resumes qualified. In sum, there’s no question that it is extremely challenging job market right now, but it’s not an altogether washout. There are signs that the credit markets have firmed up and that the bond markets are more active; good financial signs for the future.  Given that employment tends to lag economic cycles though, any significantly positive developments in hiring after the markets stabilize are still a ways off. Therefore, it is well worth the effort to track down any and all contract jobs and part-time opportunities to tide you through this vale of tears. All things must pass and this will pass too; the only question is how soon. And if anyone tells you exactly when that will be, tell them to get Madoffed!

It’s Not All Doom and Gloom Out There.

13 March, 2009 (15:35) | mpnThoughts

As John Challenger, the noted CEO of Challenger, Gray & Christmas, the Chicago job-placement firm, said recently, “There are some places that are OK in this economy: healthcare, education, government…core consumer products.” Not to mention agriculture. Remember, the same people in the media who brought you upbeat news of rising markets and easy profits in securitized mortgages are the same ones who are slamming us with downbeat dirges on the worsening employment situation. Right now, as I read it, according to the latest official statistics, there are 3,225,300 jobs in Massachusetts. Many pockets of the U.S., especially the Midwest have been hit much harder in terms of unemployment. Also, Watson Wyatt recently reported that “Many companies are putting the drastic cuts behind them, and are now looking to make smaller cost-cutting changes moving forward.” Finally, the Human Capital Institute says that contract talent—contractors, consultants, temps, interim executives, etc.—now “comprises almost one-third of the U.S. workforce.” So cheer up; there are opportunities and options out there for you. Things could be worse! Besides, if you’re here at the MPN Soiree tonight, you’re on the right track. So enjoy!

“And What Have You Been Doing Since You Left Your Last Job?”

11 February, 2009 (13:49) | mpnThoughts

Grrrrrr…there’s that old chestnut you get from clueless relatives and suspicious HR coordinators again. “Looking for a job, stupid” you’re tempted to reply. One of the silver linings of all the bad news about job losses from the ruins of the Bush economy is the fact that people will hopefully cut you a little slack now. But, hold on. If you can provide some concrete, constructive answers to this question to show how you have been developing your talent, learning new skills, and discovering new avenues and ventures, you have an opportunity to turn the question around and show just how good you are. Some of the things that MPNers have done in this regard include (1) going back to school to get another degree or certificate, for example, a course in HTML at Boston University or a certificate in Direct Marketing from the DMA; (2) immersing yourself in the literature/journals/blogs of your area of expertise and catching up on all those books, articles, studies, etc. that you always promised you’d read, but didn’t have the time; (3) writing an article or column for a trade publication, either printed or online; (4) publishing a blog, provided that you fulfill the four requirements of blog writing (see past post); (5) volunteering to help out an industry association — keeping in mind that whatever you do, you better do it well, because you will be judged by your peers, the very people who could help you find your next job — for example, writing their newsletter or recruiting speakers for panels and workshops or organizing a membership drive; (6) donating your time and skills to a non-profit, pro bono consulting group like Taproot which, provided it doesn’t take too much time for process/scheduling/project management requirements, can show potential employers that you can work in an advanced function or in a new media, for example, by writing the content for a website; (7) getting involved in a community project such as becoming a big brother for a young immigrant teen in a charter school or a big sister in a local school; pursuing a lifelong interest in a hobby, for instance, helping out at a local radio station devoted to jazz which in turn leads to a chance to try your hand at being a disc jokey; or (9) taking some time for a fast-disappearing experience in our culture, solitude, by going, as a couple of MPNers have done, to the Kripalu Center for Yoga & Health in the Berkshires for three or four days to really do some long overdue soul searching. In short, there’s no end to the number of things you can do to prepare yourself not only for that obnoxious question…but for the next stage of your career.

To Blog or Not to Blog…Four Criteria to Help You Decide

22 January, 2009 (14:27) | mpnThoughts

Many people ask, should I do a blog? Will it help my search? Will it demonstrate my New Media savvy? Sometimes we come up with some useful job-search criteria at our weekly meetings (despite the best efforts of the Admin Guy!). We did so at our last meeting in terms of the characteristics you should have before you start a blog. They are: 1) Be an expert in your field or, at least, be able to blog in depth about your area of expertise; 2) Be a good writer. If you don’t like to write, if you struggle to get out a paragraph that sings even a little bit, you may not be cut out for blogging; 3) Be a self-promoter, or to put it in a little nicer way, be perfectly comfortable treating all subjects that come your way in an unselfconscious and enthusiastic way. In addition, an MPNer had another criteria worth adding to the list: 4) Be authentic. If your blog doesn’t really reflect you or your true values or what you believe in… if you don’t quite feel genuine doing it, don’t! We might also add that a blog isn’t a blog if you don’t do it regularly. So next time someone says to you, “Why don’t you do a blog?”, and you decided not to, just choose one of the above. But if you feel qualified on all four counts, go for it! And send us your link!

With the Recession Breathing Down Their Necks, How Are Marketing Departments Responding?

30 December, 2008 (09:24) | mpnThoughts

MarketingSherpa had a graphic in their most recent newsletter showing what marketing departments had in mind for handling the downturn. And just this week they began a two-part series on ways to deal with budget cutters.  If you don’t receive their newsletter, you should. It’s timely, very readable, and focuses on the future, i.e. Internet marketing. As they noted, “The crush of a recessionary economy is pushing marketing departments to reevaluate their spending plans. Expect travel, vendor contracts and staff to take the biggest hits.” At the same time, virtual training, including web conferencing solutions, are sure to be in big demand. Remember, while the bad news about the recession is making headlines, there are people out there quietly making money in their own niches. Take heart, put on your thinking cap, and keep a sharp eye out for opportunities.

Tough Times in the Job Market… So what are YOU doing about it?

20 November, 2008 (09:00) | mpnThoughts

At last week’s MPN Soiree we saw a decided increase in attendance, about 40%. (“It’s the economy stupid”, as Bill Clinton famously said in 1992.) Which is what we all know, unless you have been on a media holiday for the past six months. The question is what are you doing about it? We’ve published a first draft of a paper on “Strategies for Surviving the Recession”. Nothing too earth shattering in it, yet taken together, all of the strategies comprise most of the things any job seeker in MPN should be doing anyways including networking as if there were no tomorrow; revising your household finances to fit the present family income; looking for part-time work; weighing the merits of a contract position far more carefully; knowing the contract recruiters in your field; “sharpening your saw”, as Stephen J. Covey, would say, by reading, taking courses to upgrade your skills, staying in shape, etc.; and, of course, attending job seekers groups like MPN. One of the strategies we did not include in this draft is the issue of the time value of money or, more accurately, the present value of money. To put it prosaically: a bird in the hand… In other words, are you going to hold out for your full value, with the notion that a full-value job may not come along for six more months, or will you take something that is slightly less than you deserve (or were making in your last position) today? Don’t kid yourself: every employer with any sense is taking a hard look at salaries and how they can keep them down. This is clearly not a time for salary inflation; so do your math well as you set your value on the job market. An overblown sense of your dollar worth is just as damaging as an undervalued one.

Your Admission Ticket to Any Networking Conversation.

5 November, 2008 (15:23) | mpnThoughts

If getting a new job is 50% or 75% or more about networking, then any help you can get in that department is worth it, right? Consider one of the best books (at least in this writer’s experience) on networking, Dig Your Well Before You’re Thirsty by Harvey MacKay. The book is jammed with ideas on how best to build a network; not just to pass your business card around a meeting and move; not just to grab or grin; but to really dig in. As he says, “Building a network is about paying attention to what people want.” At the same time, what do you do if you are the shy and retiring type? If it seems strange or difficult to go up to someone and start talking with them at an event like the MPN Soiree that is coming up on November 12th, here’s a tip from MacKay that’s well worth the money: “For a shy person or for someone who worries about running out of things to say, there is no better resource than the Sunday edition of the New York Times.” It’s a summary of the week’s events, the movie reviews alone will provide you with something intelligent to say about one of the topics that many people pay attention to, and there are always one of two articles on topics you’d never find anywhere else. Did you know that there is a small but growing movement to having weddings on farms? Or that there is a new book out about the letters between two of the foremost poets of the 20th c., Robert Lowell and Elizabeth Bishop? Minor details to many, but intriguing stories that when referred to in just the right way can be conversation builders with other people. The Sunday Times may be written in Moscow, as one of my favorite conservative friends claims, but it still offers an invaluable source for conversation topics with friends and, more importantly, soon to be members of your network. Read it. 

The Loneliness of the 21st Century Job Seeker.

6 October, 2008 (09:16) | mpnThoughts

Today, the job search can be a lonely one. You’re probably working out of your home, as companies have been cutting back on outplacement benefits, in which case you might have had the benefit of a temporary office. You spend a good deal of time online—alone mind you—as you search for job leads and expand your LinkedIn contacts and answer email, whether it’s vital or not. You might even get the chance of doing a mock interview with an outplacement counselor who videos you, alone in action. And, finally, when you do get an interview, you’re lucky to even get a cursory email back. In short, you can all too easily fall into the loneliness of the long distance runner. Yet, there are places out there, and MPN is one of them, where you can find support—and more importantly feedback. Witness last week’s workshop on Acing the Interview: not only was it highly interactive with everyone getting a chance to be interviewed and then reviewed by other participants, and in a positive way, too, but people followed up with each other afterwards to make further suggestions and share more tips. Now, how many times has an interviewer given you specific feedback about your presentation, your posture, and your persona in an interview setting? I wager none; nada; zed. Yet, how else are you going to learn but through practice and more practice? After all, not everyone is born with Paul Newman’s charisma. Interviewing is not acting, but it definitely is the fine art of putting your best foot forward (and not in your mouth!). Just ask those who attended; everyone had something valuable to learn — and, maybe most of all, they did it together, and not alone.