March 24, 2014

4 Ways to Upgrade Your Career: How To Be The CEO

business corporate team on a ladder of success over an abstract sky

Visions of corporate leadership and more zeros on a paycheck can help an entry-level employee survive the workdays. It’s the “paying your dues” and “work hard” mentality that keeps employees on the lower rungs of the corporate ladder motivated for more. For someone who dreams of being CEO, how can you sprint to the top rungs of the ladder, rather than climb?

Justin Hutchens moved from being a resident assistant at an intermediate care facility at age 19 to CEO of National Health Investors at age 36. Hutchens shares with Forbes.com that his father’s advice helped him fast forward up the proverbial corporate ladder. Always do your best, despite the level of your responsibilities, and take the undesirable assignments others wouldn’t want. Broadening your skills, willingness to relocate, and flexibility are also top traits that can boost a person’s marketability, says Hutchens.

Even if you’re not making a steady vertical ascent up the ladder, lateral moves and positions offering growth opportunities can support career expansion, development and advancement. Here are more adjustments you can make in your profession to help charge ahead in your career.

Continuing Education

Continuing your education broadens your skill set and professional training. Complement you marketing background and entrepreneurial spirit with formal management as well as financial and organizational training. Especially since you’ve already experienced the workforce, you can return to school with clearer goals and sharper focus. Returning to school doesn’t have to be a full-time endeavor like your four-year, on-campus undergrad experience with high tuition costs. There are online college options you can research. Penn Foster, for example, equips students with a business management associate degree with up to 76 percent less costs than and traditional and online academic alternatives.

Goal Oriented

An indecisive career path and aimless job hopping can be a time-waster. If you’re bouncing around in your career like a pinball in an arcade game, you’re doing it wrong. Career coach Ford Myers emphasizes that you need a roadmap or blueprint to achieve your full potential, according to “How To Fast-Track Your Way Up The Corporate Ladder,” by Forbes.com. Create short-term goals along with a long-term vision. Think about the greater picture beyond your limitations. Determine the pinnacle of your career, and then establish the steps that will get you there. Keep in mind, performing like someone in a higher position can attract the potential for a promotion and showcase your abilities to take the next step. Don’t lose sight of your current role, but think and act a level higher, recommends business consultant Lynette Lewis.

Positive Work Behavior

Attitude and personality traits are just as pivotal as education and a plan. An extroverted CEO-in-the-making will possess the following qualities:

  • Communicates effectively; makes deals and decisions
  • Garners respect
  • Sees a cohesive vision and can create a strategy
  • Acts with self-confidence and self-knowledge
  • Adapts and accommodates to unforeseen changes
  • Works well independently and as a team
  • Listens and responds
  • Energizes, innovates and excites
  • Expresses appreciation and gratitude

Manager & Company Objectives

Understand the values and priorities of your boss and company. Do your efforts align with their goals and objectives? Completing your responsibilities and meeting (exceeding) expectations while taking initiative reflects exemplary leadership qualities. Don’t be afraid to step beyond your role to learn about the high-priority funded projects. Create visibility for yourself by having a hand in projects that greatly influence the business of your company. Not only should you execute, you should initiate as well. Over time, you’ll gain valuable experience that will teach you about risk, opportunity and how to move into not only a managerial position, but eventually a chief executive role.

 

About the Author:

Ruth Harris is a long HR consultant, service manager, and mother of three.

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August 8, 2011

Jobs Growth Anemic, yet Senior Talent in Shortage in Certain Sectors

Jobs Growth Anemic, yet Senior Talent in Shortage in Certain Sectors

ADP/BLS

Leading up to the BLS employment report on Friday, ADP estimated private payrolls rose 114,000 in July. The BLS figures came in 117,000 nonfarm employment and 154,000 in total private employment. Gains were seen in health care, retail trade, manufacturing, and mining; while Government employment continued to decline. Manufacturing employment increased in by 24,000, professional and technical services increased by 18,000, Government employment decreased by 37,000. The unemployment rate stayed put at 9.1% (13.9 million people).

AESC / Executive Search

According to the Association of Executive Search Consultants’ (AESC), 66% of search professionals have a positive prediction for their industry in the second half of the year.  The biggest growth in demand for senior talent is in the Energy/Natural Resources sector. The United States is experiencing a “sustained resurgence of demand” according to AESC President, Peter Felix. Worldwide, the General Management/CEO/COO functions are anticipated to experience the greatest shortage of talent, followed by Business Development and then Engineering. (more…)

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March 31, 2011

Good News on the Hiring Front

Staffing & Employment News

Good News on the Hiring Front

2011 continues to get busier. Following a great 2010 in which Redfish Technology Inc. more than doubled our revenue, we are enjoying a very strong first quarter. This rebound is being felt within the recruiting industry and American businesses in many industries.

The Association of Executive Search Consultants proclaimed 2010 to be the “Year of Resurgence” for Executive Search Industry. Their end of year report released in March indicates that Senior Executive Recruiting is at the third highest level ever as the demand for senior talent rebounds. While 2009 saw a contraction of 32.5%, in 2010 the industry is reported to have grown by 28.5%. According to AESC this only 13% below the industry climax of 2008.

Peter Felix, President of the AESC, stated that “Leadership today is at a premium since organizations cannot ignore the challenges of new competition, evolving technology, industry convergence and globalization. Finding and attracting the superior executive talent able to manage change of this magnitude is an investment process of the highest order and requires optimum professional help.”

The Business Roundtable’s first quarter 2011 CEO Economic Outlook Survey was released yesterday with an equally exciting prognosis. CEOs of America’s leading companies are reported to anticipate higher sales and plan to increase capital expenditures and employment over the next six months. These top executives collectively estimate real GDP growth at nearly 3% in 2011.

“With today’s survey results, the last three quarters have shown steady improvement in the CEO economic outlook. Our CEOs see momentum in the economy over the next six months, with increased demand fueling greater investment and job creation,” said Ivan G. Seidenberg, Chairman of Business Roundtable and Chairman and CEO of Verizon Communications. “This shift continues a trend as reflected in recent employment data, with the private sector leading the way in creating more jobs.”

ADP’s preliminary private payroll count for March indicates 201,000 jobs were added; actual February payrolls rose 222,000. Look for the Employment Report this Friday.

The Redfish Monthly Industry newsletter will be out next week. Subscribe today and get news and articles on staffing & employment, industry trends, HR best practices, career advice, guest & recruiter perspectives.

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December 8, 2010

Work/Life Balance: What is it? [part 1]

http://survey.constantcontact.com/survey/a07e36uubh0ghgit44y/startWork/Life Balance

What is it?

In preparation for closing out the year and starting fresh with New Years resolutions and a new lease on life, we reviewed copious amounts of literature on work/life balance. This is really a subjective and amorphous little topic that gets a lot of mileage out there. But what is it really? And how do you get there? (more…)

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July 1, 2010

Staffing & Employment News – July 2010 Newsletter

The Job Market is Soft But Growing

While overall employment fell in June for the first time this year (largely due to the winding down of the federal census employment), private employment (exclusive of government jobs) increased for the 6th month in a row.  ADP reports the addition of an estimated 13,000 workers to private payrolls in June, indicating slower job growth than expected. The Commerce Department revised the GDP to 2.7% from 3%, however CEOs and staffing companies see hiring increased.

(more…)

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