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your skills are out of date, or if you are perceived as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 for your ideas and time.