Posted under Career Management
One segment of my client base presents me with some especially complex challenges. This is the over 50 group that has survived myriad layoffs and downsizing, and has an enormous amount of job knowledge and company savvy. Unfortunately, the fire in their careers has dimmed, and they are casting about looking for options.
Starting a consultancy, or even looking for another job within the same industry are possibilities. Each option presents its own set of challenges, and a major change should be considered very carefully. There are especially serious financial considerations, pension implications and risks associated with a major change. So, what can they do?
One strategy is look at alternatives within the company itself. Most clients in this age group who are happy with their job situation are very comfortable staying in the same job but are often fearful of change. At the same time, many understand they are just marking time and need to get moving in some direction for both security and career satisfaction reasons. After all, a 50 year old can have at least 15-20 more years of productive activity. Hence, they recognize the need for action, but are very often reluctant to act.
For some, a career or job change within the company may be a viable answer. Longevity within a company is not just years. People vastly under estimate the immense storehouse of knowledge, experience and contacts they acquire over the years. They also tend to underestimate the options for applying that experience to different venues.
A first step is do the research, and do it yourself. Especially in large companies with new ventures, new products and new markets, growth prospects for multi-talented employees can emerge. In fact, an experienced employee with a known track record could be a very viable option for growing departments or divisions who need talent, experience and a short learning curve.
If at all possible, enlist your supervisor as an ally. A discussion on career options could be very helpful, especially in ensuring that the road to an internal transfer is smooth.
Explore the formal systems through personnel, as well as the informal systems, the internal hidden job market. Most firms post openings through a formal job board system. This should not be disregarded. Most of these jobs tend to be real, and for growing organizations, often critical.
I would recommend that any formal company system be utilized assuming that your concerns about internal transfer are handled in a confidential manner. Also do some research outside. Check and see what others are saying about the company. Where are the growth prospects and challenges for the future that might provide some insight. There is an enormous amount of information on every company, from the financial world to chat rooms and blogs. Blogging can be very helpful and many join Yahoo! groups.
Some long term employees tend to get a bit rusty with the job search process. When looking for those potential gems, networking is just as important when seeking an inside transfer as when looking outside for a new company. Look for a mentor or a career coach. Motivation is critical and advice from a trustworthy advisor can provide the needed incentive to move forward effectively.
I think the most important advice I can give is that if there is suddenly a perception that a change is needed, it probably is. At this point inertia is your worst enemy. The more passive the approach, the more likely the boredom and dissatisfaction becomes obvious with all the negative ramifications that implies.