Session 6: Search Management- How to make the most of your time
Scripture says, 'Be careful how you walk, not as unwise men but as wise, making the most of your time'. Learn to include both pro-active and re-active job search techniques to attack the public and hidden job markets.
Failure is not an end but an event
Many are reactive rather than proactive in job search
Many job seekers have no plan in job search, called 'whack-a-mole' approach
Plan the work, work the plan
The shortest distance in job search is a relationship with another person
Hidden job market is 4X bigger than open job market
Targets are different than opportunities.
Targets are employers for which no open position is posted. Hidden jobs
Opportunities are open posted positions
15% of positions of open jobs filled by head hunters
Niche networking yields 15% of open positions BUT 95% of hidden job found in this manner.
When networking always be asking do you know somebody or do you know somebody who knows somebody in your target companies? You are trying to connect/discover the hidden job market. If not you, who? If not hear, where? If not here, where?
Key paycheck percentages
Big buck people need 70% of time in niche networking, 30% in other methods
Middle buck people split 50% in niche networking, 50% using position postings, head hunters & cold contacts
Small buck people split 30/35/15/20% of time among all 4 types of search methods
What to Know When They (recruiters) Call
Who are you? Contingency or retained search firm, principal or associate
Who is your client
When did search begin
What are the qualifications/characteristics for the ideal candidate
Niche networking
Tough for introverts
No network to work if new in town
Call reluctance
Social media networking is a place to hide
Emotional blockage; head blocks our heart
Solutions
Business contacts better for business relationships
Former company contacts; above, peer, below your position
Guilt is the gift which keeps on giving
4 C's Sources of Niche Networking
Community, Civic, Charities,Church
5 F's Sources of Niche Networking
Family & friends, folks in neighborhood, former classmates, fellowship forums
Question quests (cold calling) can lead to informational interviews. Best to use letter lead-in or maybe LinkedIn connection(s).
Next week Monday, 5/24/10 at Dallas, TX location- Session 7 Networking Strategy: How to Net Work from your Network
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