Managing Your Career in a

New Technology Driven Age

C. Randall Powell

Thank you for the invitation.

Congratulations on your Achievements!

Financial Executive’s Institute

Executive Day, April 20, 2000Indianapolis Athletics Club
Managing Your Career in a
New Technology Driven Age

C. Randall Powell
 Thank you for the invitation.
Congratulations on your Achievements!

Financial Executives Institute

Executive 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

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 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
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 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
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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
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 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

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 The University Services
are 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
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Career Management
in a
Technology Age

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 Definition of a Career
Versus a Job
JOB — Way to earn a livelihood – tasks – short-term
Tasks oriented
Short-term
Do what told to do
CAREER — Work activity themes
Longer term commitment
Higher education
Extensive training and experience
Continuous education
Fun, enjoyment of activities 8
 Career Management Process

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

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 Career Planning

 An extensive activity — balance sheet

 Continuous process — P & L statement
 Sets the itinerary
 Goal-directed behavior
 Discuss the techniques

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 Presentation Goal

 Convince you to do an annual balance sheet

 Maintain your P & L statement
 Set profit goals

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 Career Planning Activity
Part I — Plan
Create a balance sheet today
Create a balance sheet for the future
Part II — Implement Your Plan
Constantly 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 skills
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 Influencing Personal Change

 Where are you today?

 Where do you want to be?
 Where is your roadmap?

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 Career Planning Model

I. Self-Assessment
II. Career Exploration
III. Career Management

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 Self-Assessment
Who Am I? — Balance Sheet

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

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Self-Assessment Tools Sources

 Software Galore
 Websites
 Career Development Centers
College
Private

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Assessment Methodology/Instrument

 Values
 Interests
 Personal Characteristics
 Skills and Abilities

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 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
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 Assessment Goal

 Better understand yourself

 Document your knowledge
 Add credibility – Degree/Transcript
 Beyond KSA (job description)

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 Next Step: What’s Available

 Stop dreaming – Get real

 Internships
 Mentors
 Day Trips — Tag-a-longs — Shadow
 Career Books/Employment Brochures
 Websites – Professional Associations

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 Exploration Websites

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

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 Investigate

 Read
 Explore
 Surf Rest and Write
 Talk
 Write

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 Goals

 Review self
 Consolidate exploration results
 Decide
 Future resume

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 Career Management

 Remember: Goal-directed behavior

 Start job search
 Accept job
 Manage to a personal plan

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Job Search Strategies – Job Leads

 College Placement Office

 Network
 Agencies
 Websites

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 Job Websites
 Career Xroads Book
 Monster.com
 Jobtrak.com
 Careerpath.com
 Careermosaic
 Futurestep.com
 Joboptions.com
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 Continuous Career Development

 Soft Skill Development

Comes for experience
Leadership
Communication
Relationship
Mentoring

 New Skill Development

Universities Executive Education
Company programs
Graduate School – change career
Web universities

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 Lifelong Learning

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

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 Career Education

 Activity-Based learning
 External events often drive it
Fired Downsized
Merged Management change
 Network constantly
 Keep resume current
 Use the new technology
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“Best of success to you in your
chosen career.”

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