An Abject Failure in Due Diligence and Judgment August 10, 2010
There are few shortcuts when it comes to hiring senior-level executive talent. And when firms are not careful, the price they pay can be exorbitant. Consider the true story of a company that paid a big price.
One Reason Interviewing Candidates is So Difficult July 13, 2010
I was browsing in my local bookstore on the weekend when I came upon a small book titled ‘Toughest Interview Questions'. Always interested in this subject I quickly leafed through it and put it in the pile to buy.
Strategies for those wanting to make a career or sector change June 23, 2010
Many transitional executives contemplate career changes. It may be a career auto or general manufacturing sector executive questioning its future, or a large-company type who covets the chance to work in a smaller organization. Often, it is simply individuals longing to shed unfulfilling careers for exotic destinations as yet unknown.
Executives in Transition- Why a rifle beats a shotgun in nabbing that perfect job June 21, 2010
As a headhunter I am an obligatory stop on the networking circuit of many executive job seekers. I hold the promise of a barometer on the employment market, contacts, ideas, and even suitable ongoing searches. I am always happy to participate in courtesy interviews as I neither envy the job seekers' circumstances nor take lightly their courage in reaching out to me.
The Perils of the Successful Matchmaker June 14, 2010
What is a successful matchmaker? Last week, the Wall Street Journal published an interview with Patti Stanger who runs The Millionaire's Club, a Los Angeles-based "elite" matchmaking service and reality television program.
Interviewing: The Quest for Patterns and Themes May 14, 2010
Last week, two seemingly unrelated articles caught my attention. The first was a magazine obituary on C.K. Prahalad, the management thinker best known for his work on core competencies. The article spoke extensively of his ‘big ideas' and noted his habit of traveling the world "prying useful information out of everyone he met…always looking for connections and patterns, hoping to predict change".
Checkers vs. Chess: Why Candidates Play The Wrong Interview Game…and Pay the Price ! May 4, 2010
I often join my clients when they conduct candidate interviews. I moderate, participate, listen and learn. They are fascinating glimpses into how candidates and companies alike play the complex game of talent acquisition.
The superhero hiring game and why everyone loses April 5, 2010
When it comes to recruiting leaders, companies continue to search for those Steve Jobs-like characters that can single-handedly turn around a company's fortunes, blaze paths of innovation and market their wares like no other before them.
Why candidates should expand and prep their references February 3, 2010
As headhunters scramble to match candidates with their shapeshifting clients, process and painstaking due diligence rule the day. To some candidates such rigor may feel intrusive or simply unnecessary. It shouldn't. In fact, rigor should be embraced and used to all candidates advantage. Consider the use of references as an illustration.
The Unwanted CEO Job …and the one individual who thought otherwise January 8, 2010
Several recent articles have lauded the success of Ottawa-based Bridgewater Systems. With skyrocketing revenues, a growing market, and money in the bank, the firm's prospects have never been better and the street appears to love the story. It was a much more difficult story to sell in 2003, with one notable exception.

Strategies for those wanting to make a career or sector change

Many transitional executives contemplate career changes. It may be a career auto or general manufacturing sector executive questioning its future, or a large-company type who covets the chance to work in a smaller organization. Often, it is simply individuals longing to shed unfulfilling careers for exotic destinations as yet unknown. While such transitions are achievable, they are tricky and must be planned. It certainly will not happen simply by informing a headhunter of your ambitions.

First, the fundamental challenge in orchestrating dramatic career or sector change is managing the accompanying uncertainty. Potential employers struggle to evaluate candidates who have limited experience with their industry, products, markets, issues or stage of growth. They cannot easily anticipate the transitional challenges that the trucking sector executive will have moving into their telecommunications sector and thus they cannot easily ascertain the likelihood of success or failure. As a result, they deliberate at length, waffle or in many instances, push the reject button.

Meanwhile, search firms are hired to mitigate hiring risk for their clients so they also wrestle with the uncertainty that accompanies candidates from outside their clients’ comfort zones. Understanding this, job seekers must try to reduce the perceived risk by finding linkages or bridges to where they want to go. Bridges are the job seekers’ knowledge, contacts or experience that link the past to the desired future. It may be familiarity with certain markets, products, technologies or regulatory environments. It may be experience with certain processes, levels of complexity or problem sets. In the case of roles such as finance, human resources, or legal it is functional knowledge which cuts across a variety of sectors. Bridges reduce uncertainty by providing comfort that there is some connection between the candidates’ experience and the roles or sectors they seek going forward.

Consider the trucking sector executive we met last year who was determined to transition into the technology sector. He reasoned that his likeliest bridge to that sector was his knowledge of the trucking industry, its cadence, procurement patterns and key leaders. He spoke to the head of IT in his current organization about trends and emerging technologies which promised to impact the sector and he mapped the many technologies already in use. He researched the appropriate technology sectors, began subscribing to trade publications, joined industry associations, and attended tradeshows and functions. He networked with tech sector executives selling into the transportation market. Over coffees he discussed his aspirations while probing into their roles, skills and challenges. Each step educated him and validated that this was both a desirable and manageable move. Well-informed and prepared, the executive’s transitional aspirations resonated with headhunters and potential employers alike and he secured a role in an organization which marketed fleet management and telematic systems. Though this was not his final destination it was the critical ‘foot in the door’ en route to recreating himself as a technology sector executive. While not everyone will find bridges this readily, the process of looking for and building upon them will pay dividends for anyone embarking on a journey to a different future.

Cost is another key consideration for those contemplating dramatic career changes. A form of tuition is often demanded from the individual seeking to be educated in a new career or industry. It may be a reduced role, title, or compensation while the executive demonstrates the ability to adapt and contribute to a new employer. The more dramatic or unlikely the transition the higher the tuition one can expect. To illustrate, I recently met the President of a high growth media company who mentioned that he was previously employed by a scrap metal company. When asked about this unusual career path, he explained, “I spent 15 years in an industry which I fell into and which no longer interested me. I wanted to get into the media industry but there were few obvious links between the two sectors. I was determined however so despite having been General Manager in my last company, I convinced this organization to hire me as a sales person and worked my way up. It took a little while but it was worth it”. Though such tuition may be too steep for the mid-career executive with financial and family obligations to meet, the issue of tuition is important and should be factored into any transitional plan.

Search consultants and job seekers share a common interest in good hiring decisions. For the search consultant it is marrying complex client requirements with candidates who will thrive in those environments. For job seekers it is making career changes, sometimes dramatic, that will fit their interests, talents and aspirations. While uncertainty always hovers as a risk factor, with proactive planning and preparation it can be managed for the benefit of all concerned.

Robert Hebert, PhD is Managing Partner of Toronto-based executive search firm StoneWood Group (www.stonewoodgroup.com). He can be reached @ rhebert@stonewoodgroup.com or at 416.365.9494x777