Can the crisis become an opportunity?

Tuesday, April 10, 2012

Can the crisis become an opportunity for

the Accounting & Finance Professionals?

Yiorgos Fragkos

Erato Paraschaki

What About the Human Age?

Manpower Professional | Tuesday, April 10, 2012 3

World of Work Trends: Indicators of the Human Age


The Global Working Age Population

Source: Deloitte Research/UN Population Division (http://esa.un.org/unpp/) It’s 2008:

Do You Know Where Your Talent Is? Why Acquisition and Retention Strategies Don’t Work, p.6


The Human Age is Creating Complexity

There will be new demands for:

• Productivity

• Innovation

• Talent

Complexity needs to be confronted with solutions


Demographics and the talent mismatch are increasing the pressure to find the right skills in the right place at the right time as working age populations decline, economies rebound, emerging markets rise, and the nature of work shifts.


The Talent Mismatch Illustrated

Lack of resources

creates tension

on the high demand

skills market

Oversupply of low or

wrongly skilled

resources generates

under- employment

and unemployment

Demand for skill

Supply of skill

Source: Confronting the Talent Crunch: A Manpower White Paper


Manpower’s 2011 Talent Shortage Survey Findings

Global

Global

1. Manual Trades

2. Sales Skilled Representatives

3. Technicians

4. Engineers

5.5. Accounting / FinanceAccounting / Finance

6. Production Operators

7. Secretaries/PAs/Assistants/Office

Support

8. Management/Executives

9. Drivers

10. Laborers

1. Sales Skilled Representatives

2. Technicians

3. Secretaries/Pas/Assistants/Office

Support

4. Accounting /Finance 4. Accounting /Finance

5. Management/Executives

6. IT Staff

7. Laborers

8. Mechanics

9. Skilled Trades

10. Customer Service Representatives

& Customer Support

Greece

The top 10 jobs employers are having difficulty filling (ranked in order):


Global Demographics

World Map According to Population Distribution in 2011


Global Demographics

World Map According to Population Distribution by 2050

nGenera & Don Tapscott

USEFUL TIPS FOR

SUCCESSFUL JOB SEARCH


Making

a

Start

CV

Development

Approaching

the

Market

Interviews

Making a

Start

CV Development

Career Assessment

Approaching the

Market

Interviews Summary

Let’s Get Started!


Alignment Model


Making

a

Start

CV

Development

Approaching

the

Market

Interviews

Making a

Start

CV Development

Career Assessment

Approaching the

Market

Interviews Summary

Next


Career Assessment - Key Messages

� Understand your values, motivation and interests

� Identify and describe your transferable skills and

competences

� Analyse and describe your achievements

� Consider your possible options and opportunities

� Compile a career map to pull together your self

awareness picture

Career

Assessment


Values and Interests

“Take care to get what you likeor you will be forced to like what you get”

George Bernard Shaw


Key Strengths


Achievements

Alternatively you can use the STAR Model

(Situation, Task, Action, Result)

Challenge

Action

Result


Options and Opportunities

Similar Job or Function /

Different Industry or Sector

Different Job or Function /

Different Industry

Similar Job or Function /

Similar Industry or Sector

Different Job or Function /

Similar Industry or Sector


Career Mapping


Making

a

Start

CV

Development

Approaching

the

Market

Interviews

Making a

Start

CV Development

Career Assessment

Approaching the

Market

Interviews Summary

Next


CV Development - Key Messages

CV

Development

�Understand the purpose of your CV

�Choose the CV format that’s best for you and your market

�Describe your achievements using concise, powerful,

memorable language

�Develop a winning CV in the light of best practice


Choosing the Best Format

Reverse Chronological CV Functional CV

Use for:� The visible or hidden job market� Targeting a similar role or industry� Highlighting your career progression� Traditional organisations

Use for:� The hidden job market � Highlighting key transferable capabilities � Making a significant career change� Avoiding repetition if you have been with an organisation a long time using similar skills

One page ‘Resume Style’ Bio Combination CV

Use for:� Networking meetings� Self employment

Use for:� The visible or hidden job market� Highlighting key capabilities in a chronology


Developing Your CV

There are no absolutes,just good practices!

OrganisingClarify your career goal and collate your information

WritingPut your thoughts together in cohesive statements

EditingClarify and organise text in focused, concise language and target to market


Reviewing your CV

Giving Feedback

Describe what you have observed

Specify the consequences

If required:

Agree what needs to be done

Receiving Feedback

Listen carefully

Ask for clarification

Evaluate carefully

Receive in the spirit it is given

Check out later with others


Making

a

Start

CV

Development

Approaching

the

Market

Interviews

Making a

Start

CV Development

Career Assessment

Approaching the

MarketInterviews Summary

Next


Approaching the Market - Key Messages

�Understand the importance of market research in the job

search process

�Look at a structure for evaluating your career options

�Review the key routes to the job market – visible and hidden

�Develop effective strategies to exploit all routes to the job

market

Approaching

the

Market

Approaching

the

Market


Taking your Strengths to Market


Job Opportunities Iceberg


The ABC of Networking


Your Network


Online Networking


Direct Approach

Open with a hook

Your 30 Second Commercial

Close on a positive note

“Let’s meet”


Research

Why?

•Identify openings and

opportunities/hidden market

•Explore functional roles that

encompass your skills

•Generate lists of target

companies/write letters

•Prepare for the interview

•Prepare for networking

How?

•Directories/magazines

•Industry associations

•Market research reports

•Press articles e.g. trade

publications etc

•Recruitment consultants

•Internet

•Network - go out and talk to

people!


Making

a

Start

CV

Development

Approaching

the

Market

Interviews

Making a

Start

CV Development

Career Assessment

Approaching the

Market

Interviews Summary

Next


Interviews - Key Messages

Understand the purpose of interviews and prepare for a variety of

interview situations

Respond effectively to common interview questions

Build confidence and develop key interview skills

Evaluate a job offer and negotiate the best package

Interviews


Purpose of an Interview?

CAN you do the job?

WILL you do the job?

Do you FIT in?


The Interview as a Sales Process


Probing Questions


What to Prepare

Research the:

Role

Company

Industry

Prepare:

Yourself

Your questions

Find out about the:

Interview process or format

Interviewer or panel members

Think about:

Your arrival

Sitting in reception

Entering the interview room


After the Interview

Interview follow up is crucial:

Review the experience and discuss with consultant or objective contact

Send a follow up letter

Ask for feedback

Learn from the experience

Feed this in to the preparation for the next interview

Don’t take rejection personally/evaluate the job offer

Thank you!

Can the crisis become an opportunity?

Career

Transcript of Can the crisis become an opportunity?