Take Charge of Your Career

1
Take Charge ofYour Career

• WIN Webinar
• February 25, 2014
• Sue Kaiden
• CareerEdge, LLC
• www.careeredge.us
• suek_at_careeredge.us
• 484-433-7284

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Overview

• Taking Stock
• Know Thyself
• Target Aspire To Job
• Gap Analysis
• Closing the Gap
• QA

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Taking Stock
Skills/Experience Knowledge/Credentials Personality Traits
Something you know how to do - improves over time with practice. Can get rusty if not used. More general Ex Teaching, Writing, Programming Transferable to different industries. Something you know or dont know. Body of knowledge can be learned. More specific. Ex History (subject) Industry Knowledge Specific Program Can get out of date or need to be refreshed. Something that is basic to your make up that you are or are not. Ex Detail oriented, Extroverted, Empathetic, Generally dont go away and seem easy to you.
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Personal Inventory - Example
Skills/Experience Knowledge/Credentials Personality Traits
9 yrs trading experience 3 yrs portfolio mgr Investment analysis Multi-factor modeling Portfolio management Equity trading Risk Management Research Market commentary Written communication BS Engineering (Penn) Certified Financial Analyst Credit Derivatives Fixed Income Options Hedge funds Convertible bonds Distressed investments Arbitrage Detail-oriented Thorough Highly analytical Introverted Good with numbers
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Know Thyself

• What skills do you most like to use?
• What type of environment lets you do your best
  work?
• What do you like and not like about your current
  position and firm?
• Do you want to stay at your current firm? Move
  to a different firm? Change sectors or
  specialty?
• What salary and level would you like to get to
  next? In five years?

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Target Job Chart
Dont Want Might Want Do Want
Skills Functions Skills I have but dont want to use Skills I have and wouldnt mind using Skills I most like to use
Industry Sector or Firm Sector of type of firm Id like to avoid Sectors/Firms Id consider Sectors/Firms Most Interested In
Factors -Size, culture, boss -Commute, travel -Salary, benefits etc Work environment factors to avoid Work environment factors that are acceptable Work environment factors that are ideal
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Target Job Chart - Example
Dont Want Might Want Do Want
Skills Functions Selling Frequent large group presentations Customer facing up to 50 Portfolio management Investment analysis Fundamental Quantitative Research Written commentary Investment idea generation Distressed investments
Industry Sector or Firm Large corporations Mutual Funds Banks Hedge funds Small to mid-size Boutique advisory firm Private investment company
Factors -Size, culture, boss -Commute, travel -Salary, benefits etc Commute gt 1 hour Travelling gt 40 Cut throat environment Commute 45 min by car 1 hr by public transit Travel 20-40 Commute 30 minutes or less Travel 20 or less Innovative environment Collegial - Team Oriented
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Target Job Aspire To Job

• Compare your current job with the Do Want
  column
• Search Indeed.com or niche sites to identify
  target jobs (search for specific skills and
  knowledge not titles)
• Break down the job description
• Experience Required
• Education/Certifications
• Specific Knowledge/Technical Skills
• Personality Traits/Soft Skills
• Compare your background with requirements

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Gap Analysis
Requirements My Qualifications
Experience Years in Sector, Specific Role, or Using Pertinent Skills Do I have required years of experience? Is experience recent relevant?
Knowledge Industry knowledge, body of knowledge required for role Do I know the sector/specific industry? Is my body of knowledge up to date?
Skills Transferable skills (eg Teaching/Training), Technical Skills (Software Packages) What proof do I have that I possess the required skills? (Certifications, Recommendations, Stories)
Personality Traits Soft skills (eg team player), Reliable, Persevering What proof do I have that I possess these personality traits? (Stories, Recommendations)
Education/Training/Certifications Degrees, Special Training, Industry Recognized Certifications Do I possess the certifications or education they require? Do I have the certifications/education they prefer?
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Gap Analysis

• Based on your comparison chart, what are your
  strengths and weaknesses?
• Did you uncover significant gaps in experience or
  credentials?
• Do you need to work on developing proof that you
  possess the required skills?
• Are some of your soft skills lacking?
• If not, whats holding you back from advancing?

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Target Companies

• Moving up sometimes means moving out
• What firms interest you most?
• If you like your firm, are there other
  departments youre interested in learning more
  about?
• Identifying target companies
• Networking
• Professional Associations
• Job postings
• Industry journals/Philadelphia Business Journal
• LinkedIn, Glass Door, Wet Feet, Vault

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Closing The Gap

• How do you compare with your ideal or aspire to
  job?
• Network with people in jobs like your ideal
• Ask for advice how did they get there?
• Find a mentor or advisory board
• Certifications? Workshops? On-line Courses?
• Offer to help
• Make your aspirations known in a positive way
• Visibility improve profile, expand network,
  groups
• Volunteer projects, professional assoc, non-
  profits

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Re-Cap

• Personal Inventory
• Target Job Chart
• Gap Analysis
• Action Plan

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Any Questions?

• Please type your questions into the chat
  function!
• We will address as many questions as time permits
• If you have question very specific to your
  situation, take advantage of free one-on-one
  consultation with Sue that you can arrange at
  your convenience

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Follow Up

• Thanks for attending! Please complete the brief
  feedback form.
• SPECIAL WIN MEMBER OFFER
• Remember that all participants qualify for a free
  30 minute one-on-one phone consultation with Sue
• Email her at suek_at_careeredge.us to set up a time
• Make sure to identify yourself as a WIN member