CAREER
CHANGES 101
Q102:
If you're not in the mood
for retirement just yet, but you want to know if your
job is really the job you want for life. Do you fancy
a complete career overhaul and if so, how can you make
that transition more smooth? Just to tell us how is Rowan
Manahan, and he's the MD of Fortify Services, good morning
Rowan.
Fortify:
Good morning Venetia.
Q102:
Now, making a career change is a very, very big step,
how do you advise people to do it first and foremost?
Fortify: First and foremost, you need
to ask yourself “Why do I want to make this
change?” Am I genuinely unhappy, demotivated
and perhaps even at risk by continuing in this career,
or am I just feeling a bit sorry for myself today? Career
transition – moving from one recognisable, defined
career path to another – is frequently not easy.
The steps involved are not complicated, in many instances
they are nothing more than common sense, but you need
to be ready to put in a lot of work to make them happy
steps.
Accordingly,
my first piece of advice to anyone considering a transition,
is to ask yourself some big questions. How have you arrived
at this point in your career? What has been the straw
that broke the camel’s back – is it a big
shift in the business, or is it an accumulation of niggly
things that are just telling you that you are not happy
where you are and that you should move on? Once you have
that question answered, you can start to take concrete
steps towards making a move.
Q102:
OK, do you think that people put themselves under pressure
(completely by themselves!) that they should stay more
than X number of years in one job or that they have to
be somewhere by a milestone age of say 30 or 40? Do you
think there is all that self-imposed pressure in people
wanting to change careers?
Fortify: There are a variety of reasons
why people would think about moving on. Three of the biggest
ones would be:
1.
Number one, they don’t want to change career at
all, they simply have no choice. There's mergers &
acquisitions, re-engineering, cost-cutting, restructuring
and so forth and any of these can result in you being
made redundant. And if your sector is doing badly, if
your skills are out of date, or if you are perceived
as being too expensive by a potential employer; you
may have no choice and just have to move into a new
arena.
2.
Second, some people want to jump into a new line of
work because they HATE the work they're doing now. It
is fair to say that most people are unclear about what
direction they should take as teenagers, so when it
comes to making career decisions, college choices and
so on, those tend to be based on scholastic aptitude,
or perceived opportunities (for example, a few years
back, lots of parents thought the IT sector would be
a ‘safe’ job for their offspring). Family
and peer pressure can come into this as well –
if there’s a family history in a certain sector,
there can be an automatic expectation that you will
go into the business – retail, law, dentistry,
the rag trade, whatever.
3.
The third most common reason we see for making a career
transition is what we call ‘Topping Out’.
You like your current work, but the next step up is
either not available to you or it involves things that
you just hate – the latter one is a particular
problem for people who like to roll their sleeves up
and don’t want the hassle and people problems
associated with being in a management function. You
know - operators do stuff, managers manage;
and for some people, that's a very unattractive prospect
and they start thinking about moving out …
Q102:
Do you think there might be an element of insecurity there
- say you're given a promotion that you mighn't be actually
capable of doing the job?
Fortify: That's known as the 'Peter Principle'
- coined back in the 1970s by Dr. Lawrence Peter. He said
that at some point in their careers, most people will
be promoted beyond their level of competence. Scott Adams,
the guy who writes the Dilbert cartoon has coined the
obverse of that - he calls it the 'Dilbert Prinicple'
and his contention is that the safest place for
incompetent people is in management - they can do less
harm up there.
Q102:
(laughing) Getting back to the whole education element
of this - after your Junior Certificate or O-Levels, you
have certain options and 16 is very young to be making
subject choices that are going to impact on what you are
going to be doing when you are 28? You choose your subjects,
you do your final exams in secondary school and then you
get a third level place depending on what subjects you
have or what subjects you have done well in. Do you think
that our subject choice is too limiting for our third
level choices and our subsequent career choices?
Fortify: Not particularly. The school
issue is not really a huge issue, because unless you happen
to be in a school that offers all, I think it is 28, subjects
in any combination that you choose - and there are only
3 or 4 schools around the country which offer that broad
a combination. For the most parts, students are doing
the standard (mandatory) subjects - you'll have to do
Irish, English and Maths; you should, and most people
do, take a modern language, you should, and most people
do, take a science subject (and Geography would be considered
a science for the purposes of securing a College place).
So, with those 5 subjects accounted for, there isn't really
much scope for choice left for the remaining 2-3 subjects.
It's
when you are filling in the forms for College choices
where the problems can arise. Let's say a student has
a massive ability to generate high scores in 3-hour exams
- someone who is really good at regurgitating information.There's
a perception, whether it is down to snob-value or what;
I don't know how it has come about, but there is a perception
that if a student is capable of generating 599 points
out of a possible 600 in the Leaving Certificate, that
student should go for a high-points course in College.
Q102:
That's ridiculous!
Fortify: Dr. Murphy, from University College
Dublin, the man who invented the modern points system,
said it was one of his greatest regrets! Looking back,
the geniuses, the brightest of the bright, used to study
Classics, Philosophy, Logic, English Literature or Ancient
Civilisations. Now the students who are capable of generating
these massive points, by a factor of competition, are
going into the high-points College programmes - Medicine,
Veterinary, Physiotherapy, Actuarial Studies - and they
may not be in any way suited to a career in these
professions.
Typically
here at Fortify, we are not dealing with 16, 18 or even
20 year-olds; we deal with people coming out of the University
system and the majority of our clients are aged 30 or
above - and these are people who have discovered "Hey,
I'm not too happy where I am in life right now. It's a
great shame I did an engineering degree and did 9 years'
of engineering, because really, it does nothing
for me and I hate it!"
Q102:
I had someone who got high points in my school and went
on to study Veterinary Medicine, but later discovered
that she was allergic to animals!
Fortify: Exactly! She didn't want to 'waste the
points' - as though they had any transactional value -
and went into a programme that she was not just unsuited
for, but physically incapable of completing.
There
was a study done a few years back in the US, which was
an interesting one Venetia. They looked at 800 19 year
olds, coming out of 12th Grade in the American system
and all of the participants had a pre-defined career preference
- "I want to be a brain surgeon, rocket scientist,
attorney, engineer" All of them were given the
opportunity to shadow someone who was in that profession
for one working week. And at the end of one week of seeing
the reality of life in that job or career, after just
one week, 61% of the students changed their minds. Almost
two-thirds! I meet people who say they want to go into
Law as a career, because they read John Grisham novels
and enjoy The Practice or Ally McBeal
on television. Or people who think that Medicine is going
to be like what it's like on ER or Scrubs.
Q102:
That's a very good point. Do you think that TV programmes
influence down to that level - down to the level of career
choices?
Fortify: Of course! They must! There
is no way that advertisers would spend the trillions of
dollars that they do, trying to persuade us to buy all
of the household-name products that we all purchase every
day, if they were not getting a return on that investment.
Why would we only be influenced in that way in the 30-second
bursts in between the programmes? We are monstrously influenced
by the programmes that we watch and we generate perceptions
on that basis.
Again,
studies done on this in the States on people who were
regular watchers of daytime soaps - they had a belief
that 80% of people who suffer a cardiac arrest in a hospital
environment will be revived because 'Dr Drake Remoray'
hits them on the chest a few times and authoritatively
shouts "Clear" and zaps them with the
paddles and they wake up going "Ooh Dr Remoray,
you are so wonderful." The real figure for revival
is something in the order of 10% These soapwatchers had
a perception that the rate of abortion, the rate of murder,
the rate of kidnapping, the rate of substance abuse, the
rate of divorce was something like 3-5 times what the
actual rates are.
Michael
Moore's Bowling For Columbine addressed this
last year - people have a perception based on what they
see on the news. Violent crime, bank robberies, burglaries
- despite the fact that the incidence of those crimes
have diminished over time, the level of the reporting
of those crimes on the nightly news has increased, so
people have a perception that is is massively unsafe out
there. Statistically, it's perfectly safe out there! You
are more likely to be hit by a truck than to be the victim
of a gun attack in the US.
Q:
What are the main pitfalls, apart from economic worry,
about making a career change?
Fortify: There are a lot of potential
pitfalls, the major one is making a bad move. Either to
a sector that you don’t know enough
about and you discover that it isn’t all it is cracked
up to be or (i.e. it isn't as much fun here as it is on
ER). Or you make a move to an organisation
that you don’t know enough about and you discover
that the corporate culture is dreadful or that your immediate
boss is a psychopath with a Napoleonic complex …
Both
of those pitfalls, and those are the most common, both
of those centre on inadequate preparation. If you are
an accountant now, and you have decided to make a career
change, you need to do deeeeeep research on your proposed
sector or company – not just the stuff you can find
out on their website or in their annual report. Anyone
can do that. You need to read widely around the sector,
the organisation, its competitors, customers, suppliers
and the pressures, constraints and regulations that it
operates under. And that's only the first stage. THEN
you need to talk to people in the game and at all levels
in the sector or company. Now, you are in a position to
start thinking about making a decision, because now -
you are informed.
Q102:
What about people who want to take a sabbatical? People
who haven't had the opportunity to travel in the past,
who want to take 6 months off and just go away with a
rucksack and then come back. But they do have this worry
- "If I'm out of the game, my name will be forgotten
and how do I get back into it and will there be somebody
else coming along?"
Fortify: And those are all very realistic
concerns. It depends on the type of organisation that
you are in. (A lot of my answers begin with "depends"
because we deal with such a spectrum of individuals and
situations here at Fortify).
So,
if you are in a permanent and pensionable job, lucky you,
you can take a career break, off you go, have a lovely
time and your job is still waiting for you when you get
back. If you are in the private sector and you are in
a business that it is hard to get a job in these days,
you would need to think very long and very hard about
the reasons why. If you are approaching burn-out, well
then yes, it makes sense to think about taking some kind
of break.
Specific
example: If you are in a business where you are charged
out at an hourly rate by your company, you might be able
to negotiate with your boss and say, "I want
to be on the bench for the next 3-6 months. I need some
time off, I don't expect you to pay me, but I'll be back
for Project X in the Autumn." I am immediately
aware of a number of organisations who are offering that
as an incentive and as a cost-saving exercise for themselves.
On
the other hand, there are an awful lot of businesses out
there that are constantly receiving unsolicited CVs and
who are deluged with 500+ applications every
time they advertise in the appointments section of the
national papers. Now, if you are in that kind of company,
you will have to think very long and hard about the benefit
- the cost/benefit - of taking off for a while. There's
the obvious issue of eating into savings, but if you are
in your early 20s, you probably have no savings! However,
if you are in your late 20s or beyond, if you have climbed
a few rungs on the ladder, it's a very tricky decision
to take and one that can have long, long term implications
for you. We have had a number of unhappy situations where
a client has taken a sabbatical and there has been an
'understanding' in place with the employer, then business
takes a turn for the worse, margins are tighter, the competition
are squeezing, and the employer isn't in a position to
honour their side of the bargain.
Q102:
Are you saying then, that it is better to keep going,
stick at it and perhaps take early retirement instead?
Fortify: That's deferred gratification
on a grand scale. What I would suggest is that if you
are in a position that's making you feel like you need
to take a year off in order to to recharge the batteries,
you're probably not in the right kind of work in the first
place.
Q102:
What about the belief that the day you really, really
don't want to go into work is the day you should leave?
Fortify: Well ... that's certainly the
day that you should start examining what's going on out
there, what are the prospective sectors - the ones that
are going to make you happy going forward.
If
you can picture this, there are three circles which need
to be present and need to be closely overlapping for a
person to be happy in their work. There's the circle of
enjoyment (doing stuff that you like), the circle
of skill (doing stuff that you are good at),
and the circle of adequate financial reward,
because work, after all, is a four-letter word. If those
three circles closely overlap, if they are pretty much
concentric, you will be a happy, fulfilled, productive
puppy. If one of those circles is way out of kilter, you
can’t be happy. You just can’t.
So for instance, if you are thinking about making a career
change and, looking forward, you are realising that you
will have to take a significant dip in take-home pay in
order to make that move, I would say there’s very
little point. Because you are just replacing the stress
of a career that you are not particularly fond of with
the stress of bills that you are not going to be able
to afford to pay …
Q:
If someone has a well paid senior position, will they
have to start at the beginning again, will they have to
take paycuts?
Fortify: Sometimes yes, sometimes no.
Obviously, if you are talking about going back to college
for 2-3 years of post-grad coursework, you are probably
going to take a dip in lifestyle while you undertake that
further education. In defining your plan for your career,
you will have to cost out whether you can afford to do
that in the first place and you will further have to cost
out whether your desired shift is viable
in the long term.
Q:
OK, finally Rowan, I just want to ask you about CVs, because
this is something that seems to confuse most people. Should
it be on 1 page, should it be on 3 pages, should there
be a covering letter? What is the best CV to have?
Fortify: The best CV to have is the CV
that closely addresses the needs and concerns of the only
person in this process who really matters and that is
the reader, not you. Not you. In job-hunting, people have
a perception that it is all about them - it is NOT. It
is entirely about the employer - their needs,
their worries, their ulcers and headaches. If you can't
get yourself into their headspace and understand the pressures
that they are operating under and how those pressures
have changed, you are not going to be able to write a
CV that makes you attractive to them.
Q:
That must be hard to do ...
Fortify: If you think of it this way
- it is very hard to distinguish yourself from the crowd.
For every post that I advertise when we are working on
the hiring line with a client, let's say, round figure,
100 CVs come in the door. I review those CVs and I kid
you not - they are as indistinguishable as link sausages
coming out of the machines in the Denny factory. Most
of them have not given real time and attention to the
document. Most of them do not recognise what the document
is really designed to do. A CV is supposed to
do two things and two things only. One - get you to interview,
get you on the short list. If it's not doing that, your
CV is a waste of paper and time. Two, and much more importantly,
if you are a solid candidate, your CV should be setting
an agenda for the interview that is likely to follow and
you should be 'salting the mine,' in the way that the
prospectors of old did, with little nuggets about yourself
that you want to talk about at the interview.
If you do that, you are taking some control back onto
your side of the table.
That
is a hard CV to write - no two ways about it - doing that
is not easy. So you need to look at the time, effort and,
if you are going to hire outside help, money that you
are going to have to spend on this process and you need
to think about how much time, effort and money you want
to invest. So if you are taking 20 hours to research the
sector, the organisation and the job and then write a
tailored CV in application for a specific role; how much
are those hours worth to you? Could you be earning money
in that timeframe in which case you have to look at the
opportunity cost against the likely return, should you
land the job. If it's a high-salary position with good
prospects and you succeed in getting it, well then that
was a very worthwhile investment.
We
have had clients going for CEO positions come in to us
and spend up to €2,000 on their research and written
application - but they are getting a job that pays €500,000
or more, so it makes sense to make that relatively small
investment. Likewise I have had candidates come into me
and spend €30 polishing up one detail on a cover
letter. Only you can determine how much investment of
time, effort and/or money you want to put into this process.
It's your career ...
Career
management is a funny see-saw. Most people only think
of this stuff when they either have to (for instance if
they are made redundant) or because there is a live job
in front of them. They think that CVs, cover letters and
interviews for a specific position are all there is to
career management. Not so. Career management is a whole
lot more than career guidance for grown-ups. It is really
making sure that you understand what's going on in your
professional life; that you understand and have realistic
expectations about what's going on in the marketplace.
Let me ask you a question: In the US now, we all know
that things are tough, 3 million jobs lost in the course
of the Bush administration and so forth. Times are hard.
How many times would you expect to have to move job in
your career - have to - because of downsizing,
redundancy, hostile takeovers and all of the myriad reasons
a job can evaporate overnight?
Q102:
I would say ... maybe 5 times?
Fortify: Pretty close, it's actually
7. Seven times you have to come home and explain to your
spouse that it has happened again. Seven times talking
to your bank manager about deferring mortgage or other
payments, while you hunt for a new job. Seven times you
are polishing up the CV, getting out there, rattling every
bush on your network trying to find out about a live prospect
that's coming up. And in many instances, people are having
to take a slight dip - pay, benefits or security on the
job - in order to claw their way back onto track. Now
that's reality and that's a hideous reality. Sorry.
Accordingly,
if you are blithely going through life looking for a job
that will pay you a bit more 'beer money' and you are
up against people, hunting for the same jobs as you, who
have recognised that reality and are taking a consummately
polished and professional and strategic approach
to managing their careers; if you come up against one
of them in an interview, you have a drastically rediuced
chance of success ...
Q102:
Well, Rowan Manahan, we're going to have to leave it there.
Fortify: Sorry about the depressing ending
note Venetia, but there is no point in sugar-coating the
picture. Career uncertainty is here to stay. Taking active
control of your future through career management is going
to be an essential skill going forward - I recommend that
you get good at it.
Q102:
Rowan, thank you as always for your ideas and your time.