Dr. Paul White

Networking - Some additional thoughts and reflections

November 11th, 2007

“Networking” is obviously not only about trying to use relational contacts to find a job or find a quality person for a position you are trying to fill.  We use our social networks for a variety of purposes — finding quality professionals or technicians for tasks we need to get done, locating charitable organizations that are good stewards of the monies given them, or learning about areas of life we have limited experience or knowledge.  Since my article / blog on networking, I have had a number of people talk to me about their own networking experiences, and I have had a couple of unique experiences as well.

I also remembered an issue of Forbes magazine, their 90th anniversary issue on May 7, 2007, which they dedicated to “The Power of Networking”.  However, they were discussing networking in the broader context of networking through the Internet (Facebook, MySpace, LinkedIn, and other professional networks.)   One of the articles discussed some of the reasons people are reluctant to network.  I thought they were worth mentioning, along with some of my own observations.

People don’t like to network because:

  1.  It takes repetitive inititative.  Calling people, sending emails, going to social events to interact with others, setting up appointments — all take time and emotional energy.  And for some people (those who are more introverted) it can take a lot of energy.  It wouldn’t be as bad if we knew that the process was time-limited or defined according to a certain number of contacts.  One of the wearing aspects of networking is its open-ended nature and that we must continue reaching out to others repeatedly. 

  2. It can feel “fake”.  Networking can feel artificial and even manipulative when you are trying to connect with others for the sole purpose of getting your need met (finding a job, making a sale).  One antidote to this objection is to always include as part of your interaction to focus on what you can do for the other person.  Seeing how you can help them be more successful, or connecting them with resources you know, can normalize the interaction (and also build positive rapport that may be helpful to you at some later point in your life).

  3. There is a lot of anxiety associated with the whole experience.  Meeting with people outside of your normal social group challenges us in many ways.  We may not fully comprehend what they do, understand the language and acronyms they use, or feel competent in their social milieu.  Additionally, it is often awkward to ask for someone else’s time, knowledge and social connections, especially when we perceive the other person as important, successful or busy. 

  4. It is easier to network with those who are like you.  This is true, but generally speaking, meeting with people who are already in your larger social network will probably not be that productive in generating new and different types of connections that you wouldn’t be able to reach on your own.  If you are networking because you have a need, often your self-confidence is shaky, your emotional energy is low and it is more natural to make “easy” contacts rather than those that will stretch you, but which may yield greater benefits.

I myself, a highly social individual, get tired of meeting, greeting, social chit-chat, making requests, responding to requests, and reaching out to others.

The other night, at an awards banquet for non-profit organizations in our community, my 24 year old son sat at the table with my wife and I, and a number of business friends.  Our friends were asking Daniel about his thoughts on Facebook and MySpace — how they impacted relationships and his general impression of them as a social tool.  After sharing a variety of observations, he reported one of the challenges of the social network opportunities available now through the Internet is that “you can only keep up a certain number of relationships.”  This is a true statement, whether you are taking about Internet connections or face-to-face relationships.  Obviously, some people have more social capacity than others, but this is a limiting factor I think we need to keep in mind for ourselves (to help us have realistic expectations of ourselves) as we continue to connect with people in our daily life interactions.

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“Perception is Reality” — Not Always True

November 4th, 2007

In my work with people, I often deal with individuals’ reactions to situations as well as communication issues between co-workers and family members. As a result, in the process of working through these issues, people often say to me, “Well, you know, perception is reality.” Sometimes they say this to explain how miscommunication occurred with another person, or why they feel the way they do.

I am not sure of the origin of the phrase, “perception is reality”, (although I would bet it comes from some realm of psychology — and for those who know me, that is not necessarily a positive statement.) And I am unaware if it is being espoused frequently in the media, but I sure seem to being hearing it more and more.

The problem is — it is not true. At least, not always.

There is a verifiable reality that exists. And sometimes our perceptions (or beliefs about the world) do not match reality. In the physical realm, that is the basis for illusionists — they are able to make things appear different than they really are. Also, there are those tricks of nature that our senses can play on us that can lead us to misinterpret what is really happening (having a sense of your body being warm while you are in the beginning stages of hypothermia).

But in day to day life, I see the mismatch between perception and reality more practically. Here are some examples.

Miscommunication.  The classic example is the scenario like this:  “You said ….”  “I did not.  I said ….” “Oh, but I thought you said ….”  “No. What I said (or at least, thought I did) was …”  “But I thought you said …”  If we stick with the perception is reality proposition, this leads to major problems in communication.  This is true for both parties.  For the initial speaker, “what I thought” does not necessarily equal “what I said”.  And “what I said” is not necessarily the same thing as “what I meant”.  Similarly, for the listener, “what I heard you say” may not be the equivalent to “what you said”.  So perception may be perception, but it may not be what actually occurred.

The mismatch between feeling reactions and reality. I often see the disconnect between reality and perception in the area of worrying. Being worried or anxious is essentially a smaller version of being afraid (there is a qualitative difference between being terrified or afraid for one’s safety and being worried or concerned). However, the realm of worry and anxiety have to do with potential events that may happen. They always have to do with the future. The challenge is — not everything people worry about is reality-based. Those who struggle significantly with anxiety can worry daily about their loved ones being killed in a car accident on the way to school or work. Or they can worry about the stock market crashing, losing all of their savings, and winding up being homeless.

[NOTE: One way we can manage our fears and worries is to do a “reality check” — what is the actual likelihood of x event happening today? Has x happened before? How many times? Even if x happens, does that necessarily mean y will happen? And even in the unlikely event that x happens and y also happens, what are all of the circumstances that need to be in place for z then to occur? The chances are incredibly slim. So, how much time and energy do you want to spend worrying about a series of incidents that will probably not happen?]

Misinterpretation of a situation.  Some people make quick judgments.  Sometimes this is to their benefit.  But, in other cases, it can lead to misjudging what is going on in a situation.  In working with kids and teens, I have often seen a scenario where a fairly impulsive student, who also views themselves as the ‘protector’ of others will come into a room and see a couple of guys “scuffling”.  They have each other in headlocks and are throwing one another around the room.  The self-appointed “hero” sees the guys “fighting” and promptly dives in, tackles one of the fighters, taking him to the ground, and yells, “Break it up!” (Frequently someone gets hurt in the process.)  It is then that the hero finds out that the two boys were just “horsing around” and it was a good-natured tussle between two friends.  The two “fighters” wind up being angry at the hero for interfering with their fun and over-reacting to the situation.  Unfortunately, this happens in the adult world as well — where someone misinteprets a situation and reacts inappropriately because of their misperception.  Truly, in these situations, perception is not reality.

Inaccurate beliefs about the way the world is. For instance, in doing career coaching with individuals, many people believe that finding a job that meets their needs and desires should be fairly easy and should happen within a matter of weeks. So they “dive in” looking and applying for jobs.  After several weeks with no job, they begin to become discouraged (our feeling reactions are inter-related with our expectations) and begin to question if they are pursuing the right career direction.  Self-doubt also sets in, wondering if they are capable of finding the type of job they want and whether they are really marketable.  The reality is that finding a job which is a good fit for you takes a lot of time and energy. Usually three to six months, or longer. And this reality is demonstrated time and time again (one of the aspects of “reality” is that it can be verified empirically).

Misattribution of motive. Probably the most damaging form of misperception is the case of attributing a certain motive to someone else’s action, and being quite far off the mark.  This happens in marriages a lot, it seems.  And it can be the result of either an overt action (that is, something you did) or the absence of an action (something you didn’t do but the other person thought you should have).  Let me state something clearly — most of us aren’t fully clear why we do what we do, let alone being able to understand the motives of another.  It is always best to ask (and hopefully, believe) the other person, “Why did you …?”  It can be helpful to start with the phrase, “I’m confused. Can you help me understand why you…?” (It seems to take the accusatory edge off of the interaction.)  There are tons of examples, more than I want to go into (and for fear of incriminating myself).  Let me just suggest: we often get “bent out of shape” with others because we attribute a reason for their action or inaction that is not accurate.

There are other examples of perception not equaling reality, but I think that is enough for now.  Maybe use these ideas to frame your own thoughts when you hear: “Well, you know, perception is reality.”  Maybe.  Maybe not.

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Networking Can Maximize the Search for Good Hires

October 25th, 2007

I am pleased to share the following article which was published in the business section of today’s Wichita Eagle.  If you want to send others to it at the Eagle, the link is  http://www.kansas.com/business/perspectives/story/209379.html .

Networking Can Maximize the Search for Good Hires

I was talking to a friend who is the vice president for business development at his company. He was looking for a new project manager. “If you hear of anyone who may fit the qualifications, have them contact me,” he said. 

I asked him why couldn’t he find someone through the regular processes — the classifieds or employment Web sites. “Finding good people is tough,” he said. “You get hundreds of resumes from the online sources, but over 50 percent aren’t even close to being qualified. That still leaves 80 to 100 resumes to sift through, call, and take through the process. I don’t have the time, and it is like finding a needle in a haystack. It is easier to find someone through my business relationships.” 

As I work with businesses both locally and nationally, this is an oft-repeated scenario. Business managers are frustrated with the difficulty of locating qualified and quality employees. Interestingly, on the other side, I also see young adults who are having difficulty entering the job market — and they offer similarly negative reports about the application process. 

The hiring and job search system isn’t working well. Why? We have the technology and electronic connectedness to reach out to millions of potential workers across the world. But we do not have the systems in place to process all of the information, and get the right kind of information to help match employers and potential employees. 

“Good” employees — those who work well in a specific business — must not only have the right kind of technical training and expertise, but they also must match the cultural milieu of the company — its communication style, dress code and work ethic. Employers are looking for positive character qualities, as well: a desire to learn, the ability to work well on a team with others, dependability, attention to detail, willingness to follow directions. It is extremely difficult to determine whether an applicant has these qualities through their resume, an interview or a conversation with references. 

Managers often default to the method that has worked in the past: networking. It isn’t perfect, but getting referrals from those who know you and your business is still one of the best ways to find someone who may fit well with your company. Here are some tips on how to maximize your networking in today’s business climate: 

• Don’t wait until you have an open position to let people know you are looking for good people. I have a successful businessman who repeatedly tells me: “If you know of any good people looking for work, send them my way. Give them my cell number and have them call me. We are always looking for good people.” I have done so, and he has hired people I have referred to him. • Talk to (or e-mail) friends and business associates who are well-connected and know a lot of people. Don’t just talk to your normal circle of friends. Include your CPA, financial advisor, insurance agent, pastor and your business associates who are out talking to people a lot. 

• Develop a page on your company’s Web site describing the types of people you are looking for. You can more fully describe the character qualities, types of jobs and training, and your business’ culture and values. Make sure you provide the name, phone number or e-mail of a person to contact for more information. This is not about posting specific jobs; it is a resource to direct friends to. • Create ongoing relationships with trainers and educators. Get to know the faculty at the local colleges. Meet with the instructors at the vocational/technical schools. And be sure to find ways to keep in touch with the career placement counselors at each training institution in your community. 

• In the areas where you will have ongoing staffing needs, create internships or part-time positions for students. The best way to land good talent is to get them while they are being trained.  Finding — and keeping — quality employees will be one of the distinguishing characteristics of successful companies in the decades ahead. Don’t stay stuck in the current nonfunctional system.  

 

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What is the Purpose of Work?

July 30th, 2007

“What is the purpose of work?” is both a personal question for me and a key question for many of the families with whom I work (although they don’t necessarily ask it directly like that).  Consistent with the stereotype of a hardworking Midwestern farmer, I am a pretty hard-working guy (I am not a farmer, but come from that heritage). So I work fairly long hours, but probably more importantly, I work consistently — not taking many days off or vacations. Not bragging. Not looking for either respect or sympathy. Just describing the situation.

And the question, “What is the purpose of work?”, is relevant to many of my clientele families at many levels. For many, they no longer have to work in order to support themselves or their families. They have been successful in business, investing, or wealth-creation of some kind and now have sufficient financial resources for the rest of their lives. But most (not all) continue in some form of work — investing their time, energy and intellectual capital in new endeavors. Why?

And the purpose (or meaning) of work intersects their lives at another level — their children (and sometimes grandchildren) either currently have or will have access to more than enough money and financial assets that they really will never have to work in order to support themselves or their families. So the question becomes: Why should they work? (or even prepare for working through education?) A somewhat easy question to answer at a theoretical or principle-based level, but far more difficult in real life conversations when your kids ask the question.

I am not presupposing I have all the potential answers to these questions, but I have thought it through some (and discussed the issue with a lot of people). So here are some of my thoughts.

First, let me define what I mean by “work”. I am talking about meaningful and productive life activity. It does not only mean a paying job — most adults do some forms of work that are not paying (making meals, doing the dishes, lawncare, paying the bills, laundry) — although many wealthy individuals and families hire these tasks out to others. I think probably the most undervalued form of non-paying work is parenting, and more specifically, mothering. Mothers work long, hard hours; they don’t get paid; and they don’t typically get much in return (accolades, thanks, recognition). Mothering is, flat out, a tough job. There are additional non-paying jobs in the forms of community service and volunteering. So work is not defined by payment in this context.

In fact, that segues into one of the core questions about work in our culture today — if you have enough money, why work? And the converse of this question actually is the implicit (and sometimes explicitly stated) goal for many — “I want to get rich and have a lot of money so I can quit my job and never have to work again!” Aside from fame, I think this is the primary driving force for those who desire to be professional athletes, movie stars, entertainers, record producers, and possibly many entrepreneurs.

The inferred meaning of work from this perspective is: The purpose of work is to make money.

So if you have “enough” money (which is a personal definition), you don’t have to work. This is where the dilemma intersects with children and heirs of significant financial wealth — if the primary purpose of work is to make money, and we have all the money we need, why should I go get a job? And why should I study hard in school to get a job I don’t need?

The problem is, from my perspective, this is a limited view of work. Work, besides making money, is meaningful daily life activity — making something, serving someone, providing something of worth to others (either individually or to the community in which you live [local or globally]). And I believe it is woven into the nature of humans to both desire meaningful, productive activity and to gain satisfaction from the same.

This actually creates some challenges in some kinds of work — you don’t always see the product of your time and effort. In my field of counseling and consulting, my “products” are somewhat ethereal. You can’t always see the results of my efforts (sometimes not immediately, but later; sometimes for a brief time period and then they seem to dissipate; sometimes not ever!) So I counteract this by doing more physical tasks in my avocational time — trimming trees, writing an article — a task where I can see some type of visible result.

Now, for me personally, I am not in the situation where I am able to “not work” (for pay). I still need income to support my family. But even for me, I ask (especially when I am weary or discouraged) — besides earning money, for what purpose am I working? What am I trying to accomplish? What am I accomplishing? Does it matter? To whom? (And does it matter if it makes any difference to someone else?) [To those of you with whom I work, I am not indirectly looking for accolades or reassurance of my efforts — I am letting you in on my internal thought processes.]

One of the reasons I went into the counseling profession initially was because I wanted to make a difference in people’s lives, rather than manufacture (or sell) some physical object that may or may not really enhance the quality of anyone’s life. But that is a value decision on my part. And even so, is that the core reason to work — to make a difference in people’s lives, or to improve the world? Maybe, maybe not.

Besides these reasons, what are other purposes of work? For some, there is a spiritual aspect. For others, work can be the mechanism through which they discover themselves and become all they were meant to be.

Realistically speaking, I think work can become the measure by which we attempt to gain self-worth (to some, being a Vice President of a company means you are better as a person than if you were a factory assemblyman). And I think it is also a way we try to gain acceptance or recognition from others — other people will think more of us if we are more “successful” in our careers. No judgment here on these, just laying it on the line.

So the question remains — what is the purpose of work? Why do you do what you do? Is it just because you “have to” (or you feel you have to)? Think about it.

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A related, interesting question to me is: what is the purpose of leisure? (Especially since, from my perspective, our culture pursues leisure like a cocaine addict pursues their next fix.)

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The Best Way to Find a Job — Still

July 15th, 2007

As I continue to work with families across the country, as well as locally, one of the most common challenges facing young people (and the most common daily life concern voiced by their parents) is the struggle of finding a job. It can be a high school or college student looking for a summer job, college graduates looking for full-time employment, or a young adult who has decided to change career directions. But the complaint is the same — I (they) can’t find a job. And they are getting discouraged and feeling stuck.

Now if we “weed out” those who are only half-heartedly looking for a job (they maybe don’t feel the pinch of needed finances yet) or those who are still looking for the “perfect” job (that is, the one that meets all of their criteria), most have been putting forth significant effort. They have updated their resume, they are looking at the classified ads of available jobs (whether in the local newspaper or through on-line sites), and they are posting their resume and application on the mammoth job-search sites like monster.com and careerbuilder.com .

But the problem is — they are not finding jobs. They may have a telephone interview or even a “first” interview. But that is as far as it goes. And really, they aren’t finding too many jobs that “fit” them. What they are looking for doesn’t seem to be out there. And after a few weeks (or months), panic begins to set in. That is usually when I hear about their search, and their dilemma.

Now I know people find jobs through monster.com and its equivalencies. Otherwise, employers wouldn’t post job openings on the site. But I can tell you that I am hearing lots of negative stories from employers and managers who have attempted to use the jobsearch websites. One of the most common complaints is that they receive hundreds of applications that aren’t even nominally qualified for the position. So they have to weed through hundreds of applicants to get to the possibly qualified. Secondly, they get overwhelmed with the number of applicants and really don’t have the time or resources to sort through them all. So they default to the age old process employers have used for decades — hiring someone they know or someone referred to them by a friend, business associate or former employee. It’s called hiring through your personal network.

Networking is still the best way to find a job. Using your relationships to gain an edge in the hiring process jumps you past the hundreds of online applicants sitting in their email box. And let me explain why employers defer to this process.

First, most businesses in the United States (89%) are family-owned businesses. And family-owned businesses create 78% of all new jobs in our economy. Now some family owned businesses are large (like Mary Kay Cosmetics), but most employ 100 or fewer employees. And smaller businesses often don’t have a real smooth hiring process — it usually includes the supervisor who is trying to fill a position. Follow me here — most supervisors and managers aren’t trained in the hiring process, they feel incompetent and uncomfortable doing it, and hiring people takes time and energy away from their primary job responsibilities. So they want to hire someone fast and get it over as soon as possible. (They also tend to procrastinate in the process.) Therefore, the easier you can make the process for them, the better for you.

Secondly, you have to understand what employers are looking for. Being honest, there are a lot of weirdo’s out there — strange people, unhealthy people, people who aren’t really interested in working - they just want a paycheck. And employers have had a lot of negative experiences with people who look good on their resume or in an interview, and then turn out to be a real pain to work with. And employers want to avoid more of these experiences. But legal issues prevent them from using personality measures to screen out unhealthy people. So the next best method is to either hire someone you know or hire someone a respected friend recommends. They turn to their network of friends to reduce the risk of making a “bad hire”.

You see, most employers today realize they are going to have to train whoever they hire because most companies are quite specialized in what they do. You probably don’t know their accounting software, the CAD system they use for designing airplane parts, or don’t know their product line. But they can’t train people in character — and that is what they are looking for. They want someone:
*who will show up for work
*who will listen and follow directions
*who is self-motivated and wants to learn
*who has the ability to get along with others
*who has integrity and will do a job well done.
And the best way to find someone with these qualities is to have someone they trust recommend a potential employee to them.

So, if you are (or a member of your family is) looking for a job, here is what you should do.
1. Think about your friends (and your friends’ parents), your parents’ friends, your siblings’ friends, people you know from previous jobs, teachers from school, friends from activities you have been involved in, neighbors, friends from church — all of the community connections you or your family has had. And start brainstorming on people who run businesses or are involved in organizations related to the field you are trying to work in.

2. Here’s the key. Don’t try to find the person who may be able to offer you a job. With the exception of summer jobs, it is highly unlikely that you actually know a person who is hiring for a position you would fit. What you are looking for is — someone who knows the person who is hiring. Business people know other business people — either as vendors and suppliers, customers, or competitors. And they meet together and talk, and often mention, “If you hear of someone who has an accounting background and is looking for a job, send them my way.”

3. Focus on people who know a lot of people. Financial advisors, insurance salesmen, pastors, teachers/professors, counselors/psychologists — all come into contact with a lot of business owners and managers/supervisors on a day to day business. Call them and say, “I am looking for a job in the area of ….., who would you recommend I talk to about this?”

4. Don’t just talk to people and stop there. No matter who you talk to, ask this question: “Who else do you know that it might be good for me to contact?” This is true, especially when you have talked to a potential lead and it is “dry” (it doesn’t lead any where productive right now). Remember, you are trying to get names of people who know people who are hiring. And also, always follow up with a note or email with your contact information. Often, an employer might not be hiring right now but in two, four or six weeks an unexpected need arises. If they have your contact information, they can get a hold of you. If they don’t, they can’t — and you lose an opportunity.

So do yourself a favor. Use the method that is going to bring you the best results. Focus your time and energy on “working” your relationship network (and keep your posting online applications to a minimum). I can’t “guarantee” results, but I tell you from experience (both personally and those whom I coach), this is the way to go. (And I would love to hear any personal stories you would like to share.)

Go get ‘em!

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For College Graduates: The Challenges of Finding a Job

June 18th, 2007

Recently, I am working with more and more young adults who are finding it difficult to find jobs in their desired career path. And it doesn’t really matter what area they are in – business, education, computer science, marketing, graphic design. Some are recent college graduates (as in 2007), while others have been out of school for a while. Some of these individuals have taken short-term (e.g. one or two year) positions and now they want to ”move on” in their career. And I am hearing reports back from numerous young people across the country that “finding a job is “harder than I thought it would be.”

Interestingly, I am finding flecks of this theme in various articles and books. One nationally syndicated newspaper column, entitled “How Liberal Arts Grads Can Find a Good Career” encourages liberal arts students to “think beyond grades” and to get involved in internships, either paid or unpaid. Probably good advice, but it usually falls on deaf ears – the college environment screams the importance of grades to students and many liberal arts colleges don’t provide much assistance in landing internships. Besides, once you have graduated, it’s a little late to work on these issues.

In her book, Generation Me: Why Today’s Young Americans Are More Confident, Assertive, Entitled – and More Miserable Than Ever Before, Dr. Jean Twenge ( psychologist) states that “more and more young people in their twenties will be disappointed that they cannot pursue their chosen profession.” She states young people are starving for good advice in career paths. Partly, she believes because although young adults are goal oriented they really don’t have realistic ideas of how to achieve their goals. As Adam (age 22) stated, “ Getting a degree does not guarantee a stable job.”

Another column put out recently by the Cox News service, was entitled, “Boomer Parents Hover Even in Kids’ Job Hunts”. The author, Tammy Joyner, reports that some parents of young adults who are applying for jobs are: a) trying to sit in on their children’s job interviews; b) rescheduling interviews for their child applicant: and c) calling prospective employers to find out the status of the job offer or d) asking why their child didn’t get the job!

OK, so what seems to be the problem here? Well, I think there are a number of factors that are contributing to the challenge of young college graduates being able to find a job:

1. Employers are looking for someone who has practical work experience, not just academic training. Most employers I talk to would rather hire a person who is not a college graduate but who has some practical work experience in the industry, rather than a college graduate with no experience (aside from coursework).

2. Young people today tend to believe that external fators (luck, chance,) have more to do with life success than personal effort. (See Dr. Twenge’s book for research that documents this viewpoint) As a result, they tend to “wait to see what happens” rather than be proactive in their application process.

3. Young people tend to have unrealistic expectations about the world of work (and it is not all their fault). They have been told for years that they are smart, great, brilliant and anyone would be lucky to hire them (welcome to the results of self-esteem training).

They also typically haven’t worked much and expect a higher paying position and higher level job than their experienced warrants. So they often are offended (or at least, not interested) in some “lower level” jobs offered to them.

So my advice to young people who are looking for jobs today includes:

A. Do something. The default for many in this generation is to be passive and “wait”. Time will get you nowhere without action. Put in applications (in person), call on jobs in the newspaper, send in your resume to monster.com This does a couple of things – it lowers your anxiety level, and it lowers your parents’ anxiety level. And it increases the probability of you finding a job.

B. Talk to people. Networking is still the best way to find a job. Talk to people (not just your friends) – adults in the work world. Tell them you are looking for work. Ask them if they know anyone you should talk to (just someone in the field, not just someone who is looking to hire.) Talk to your parents’ friends, call people, visit them at their workplace, or meet them for lunch.

C. Get some kind of paying job – any job. The world has changed. It no longer looks bad to take a “scut” job that is not related to your career field (this is true for most young adults starting out, but not for older adults who are already in their career). Employers want to know that you are willing to work. Most employers will be impressed that you are working part-time at Starbucks just to pay the bills or you have a full-time position at Best Buy while you are looking for a “real job”. They understand the financial demands you are facing and you will gain “points” in their minds for being responsible and proactive.

D. Be willing to take a job in your career field that you think is “beneath” you. In a recent article in Fortune magazine, James Bell, the CFO of Boeing, Inc. states, “ A lot of young people think they know a lot more than they really know.” Many companies are willing to hire college graduates in entry level positions and quickly move them up the ranks as they show competence and willingness to work hard. A word of advice: don’t expect to be offered a position where you are supervising others, until you have proven yourself first.

E. Have a plan and work it. It doesn’t have to be a grand, master plan – just a plan for the week: who you are going to call, where you are going to apply, who you are going to meet with. The key to success is twofold: persevere and always ask people if they know someone you should talk to – and do it.

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March 19th, 2007

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Follow-up to College Costs: Today’s lead article in USA Today

November 15th, 2006

As I said in today’s earlier blog, the issue of college costs will continue to be a point of discussion. And so the evidence comes. The lead cover story for today’s (11/14/2006) USA Today addresses the need to have measurable indicators of the benefits of a college education – and the reaction to this from the educational establishment. The issue is that of trying to evaluate the comparative value of different college’s education in comparison to their costs.

U.S. Education Secretary Margaret Spellings wants students and parents to be able to compare the value of a college education and used the analogy of gathering data when shopping for a car. However, one university president bristled, stating that the value of college can’t be quantified – it is more like choosing a spouse.

Nonetheless, some interesting data is presented in the article.

*For every 100 ninth-graders in school:

-68 graduate from high school on time-40 of these graduates enter college immediately-27 of these students are still enrolled in their sophomore year

-18 will graduate from college within SIX YEARS.

(Note that less than 50% of the students who begin college right after high school graduate within six years.)

There is then much data thrown around regarding:

-annual earnings of high school graduates versus college graduates-what most college grads can’t do upon graduation (for example, read and understand credit card offers sent to them)-the changes in today’s college student (39% of students attending a four year college are over the age of 25; nearly 40% of students are attending part-time)

-the less-than-flattering results when colleges attempt to assess what their students have learned from freshman year to senior year in the areas of critical thinking, analytic reasoning and written communication.

For me, the “take away’s” are the following:

  1. Let the buyer beware. You may not get what you think you are paying for.
  2. Don’t base your financial decisions on the assumption that your student will complete college in four years. This is the exception rather than the rule.
  3. We need to broaden our thinking about career development. The equation: “College degree = Professional career” is far from an automatic result today.

I continue to argue that the best career preparation young adults can be doing today involves working (anywhere possible), talking to professionals in areas you are interested, do volunteer work or internships in career areas you are considering. These steps will help sharpen your focus and decision-making for career direction far more than taking an introductory survey course in your field.

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