Career Management: An Overview of the Process and Resources

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1 Career Management: An Overview of the Process and Resources Paul Carozzoni, Ph.D. Dulin Clark, Ph.D. Smeal MBA Career Services Orientation August 14, 2008

2 Objectives Why Career Management is important to you Offer insights into the recruiter s mindset The PCS and why fit is important to you and the recruiter A framework for thinking about your skill development Career Services resources available to assist you

3 Career Management: What's in it for you? People change jobs about 7 times during their career People change careers 2.7 times during their working life As a leader, you will be responsible for hiring decisions As a leader, you will coach staff in their career development Understanding Career Management is vital to your success

4 Barriers to Effective Recruiting of MBA s Unrealistic Salary expectations of MBA candidates 45% Unrealistic job role/level expectations of candidates 44% Unrealistic view of advancement opportunities 30% Poor interviewing preparation and/or performance 21% Source: Graduate Management Admissions Council Recruiter Survey (N=1,300)

5 PCS Career Management Model Stage 1 Stage 2 Stage 3 Stage 4 Exploration Decision- Making Planning Implement Recycle at each job/career Change

6 PCS Stage 1: Exploration Self Assessment Interests Values Skills & abilities Knowledge Personality Experience Accomplishments Market Assessment Position Options: Duties Roles Tasks Responsibilities Requiring: Skills & abilities Knowledge Experience Interests

7 PCS Stage 2: Decision-Making Self Assessment Interests Values Skills & abilities Knowledge Personality Experience Accomplishments Career Choice Fit Market Assessment Position Options: Duties Roles Tasks Responsibilities Requiring: Skills & abilities Knowledge Experience Interests

8 PCS Stage 2: Decision-Making & Fit Your Fit Decisions Regarding: Functional area Position and level of entry Preferred Industry Preferred companies

9 PCS Stage 2: Decision-Making & Fit Fit - from a recruiter s perspective, a term that characterizes the complex factors that make-up good employment decisions Fundamentally, the question of fit seeks to determine if the candidate possesses the knowledge, skills, personality and character that will enable the candidate to successfully fulfill the duties, tasks, roles and responsibilities of the position, and easily adapt and thrive in the organizational culture

10 PCS Stage 3: Planning Translating Your Career Decisions Into a Strategic Plan or Your Personal Career Strategy (PCS) Strategic planning is the process of realistically examining the current situation, describing a desired future situation, and developing a blueprint of how that future is to be achieved

11 PCS Stage 4: Implementation Marketing & Sales The product you are marketing is..you

12 PCS Stage 4: Implementation Developing your marketing skills: Research company, industry, competitors Your Story The foundation of your marketing Resume knowledge, skills, abilities Cover Letter experience summary and value proposition Networking relationships (information) Interviewing marketing/selling your skills, interpersonally

13 PCS Career Management Model Stage 1 Stage 2 Stage 3 Stage 4 Exploration Decision- Making Planning Implement Recycle at each job/career Change

14 Implementation Realities Personal Responsibility Preparation Practice Polish

15 Personal Responsibility Your success is a function of your decisions and actions Looking in the mirror to see what the world sees Correcting aspects that you don t want the world to see Courage to overcome common human obstacles Knowing and leveraging your assets and future value Using resources to assist you

16 Preparation Learning and understanding the skills you need to develop Allocating time and energy to develop those skills Developing your story Developing materials to communicate your story Using resources to assist you

17 Practice Skills evolve through repeated practice Seeking feedback to refine skill development Superior performance is the outcome of continued preparation and practice

18 Polish Poise, confidence, presence Character, integrity, ethics, morals Clear, articulate communications Comfortable, respectful and professional relationships Genuineness / Authenticity

19 Career Services Resources Career Counseling (Stage s 1 & 2) Career Coaching (Stage s 3 & 4) Career Workshops (Stage 4 Orientation and Immersion) MBAA Mock Interviews (August 29th) SIP - Simulated Interview Program (Sept. 5 th and 26 th ) Alumni Board PCS Mentoring (Sept. 11 th 12 th )

20 Other Career-Related Resources Full access to Vault and Wetfeet On-line Resources Business Library Bank of America Career Services Center Career Fairs - PSU Career Fair (Sept. 16 th -18 th ) Professional Associations On-Campus Recruiting (Symplicity)

21 Quality Assurance and On-Campus Recruiting Eligibility for on-campus recruiting includes: Completed PCS & Resume Attendance at career management workshops: Resume & Advanced Resume Cover Letter Networking Interviewing & Advanced Interviewing One mock interview and one SIP interview PCS mentoring meeting with Alumni Board Member

22 Summary / Takeaways You take the lead in your career management Learn & understand how a good recruiter thinks Develop clear and realistic career goals Develop and polish your career management skills Become comfortable and confident in promoting yourself Use the resources available to support your development