It’s Your Career—Is It Time for You to Go?

Graphic image with the words, It's Your Career and other related professional development wordsThe “It’s Your Career” series at Management Excellence is dedicated to offering ideas and guidance on strengthening your performance and supporting your development as a professional. Use the ideas in great career health!

Far too many professionals linger in stagnant roles or struggling firms long beyond the optimal expiration date of their involvement. Instead of seeking out new challenges that support learning and skills expansion, otherwise competent, motivated individuals tend to linger in bad situations hoping for circumstances to shift more to their liking. More often than not, they are disappointed.

This is the career equivalent of the classic cognitive trap, escalation of commitment. Instead of cutting our losses, we value the time invested and recall better days. We falsely believe that with just a bit more time and effort, things will change. In reality, the time you’ve put in is gone. It’s a sunk cost, and the only thing that matters is what happens today and in the months and years ahead for you in your career.

Most of us are conditioned to place a premium on loyalty and dedication in our co-workers, and we wear our own commitment as a statement of who we are as professionals. Sadly, in this era, there’s little reward for standing firmly planted on the deck of a sinking corporate ship or facing the daily tirades of a miserable manager. There are no gold watches and there is no one to look out for you in your career but yourself.

Please give yourself permission to do what’s best for you in your career, including changing roles, departments or even firms.

Beware The Gravitational Pull of Running in Place:

With apologies to physicists everywhere for the very inaccurate science suggested in the header of this section, the fact is that there’s a strong force that keeps is locked in position, repeating our daily routines week in and week out, in spite of our internal understanding that this is going nowhere…or at least nowhere good.

When I talk with employees or clients about why they’ve lingered for so long in a situation that has moved from bad to lousy, they typically offer some form of the following three responses:

  1. I believe I can make a difference and improve things.
  2. At least I know what’s wrong here. I could easily jump into something worse.
  3. I have financial commitments. It’s not a good time for me to make a job change.

My response in order: (1) that’s noble, but after a good effort with no change, you are simply naïve, (2) that’s a lame excuse to stay in employment jail, and (3) the best chance you may have for easing those financial burdens is to make a change.

Fear and Loyalty:

My own translation is that most of us struggle with the elements of fear tinged with low self-esteem. For many, throw in a smattering of that nagging feeling that if we leave we are being disloyal to the firm that sends us a check every few weeks or to the manager who has helped us along.

First, the fear issue. The thought of change is disconcerting. And yes, changing positions, firms or industries comes with a set of all new challenges. Your routine will change. The political dynamics in your new department or firm are different than what you’ve grown accustomed to in your prior role. You might not be the expert…and in fact, you might be momentarily dependent upon other experts. Or, it might not work out. Those are all tangible concerns and some of them breed fear. Nothing should be as frightening however, as wasting the time of your life or the time of your career. If you’re not learning and being challenged, you’re dying professionally, and the thought of that should scare the heck out of you. Fear breeds resistance and you have to find a way to cut through that resistance.

Now, the loyalty issue. I’ll offer it from my own perspective as an executive. I value the intelligence and hard work of the people on my team and I appreciate every single day they make the decision to walk in the door and help the cause. I know very well that it is my job to foster an environment and provide the support, coaching and feedback that keeps the good ones coming back every day. Any manager worth his/her salt gets this.

However, I also understand that I am dealing with individuals who have aspirations and sometimes those aspirations cannot be met in my world. It’s a sad and proud day when a long-time valued contributor moves on to a new role. And it’s an honor when I’ve helped them along the way and served as a reference for the next opportunity and have welcomed them into my extended professional network.

No one owes me or any other manager anything more than their best efforts during their time of employment. That’s code for saying that I don’t expect nor will I reward any excess loyalty. I respect your need to take care of yourself in your career.

The Bottom-Line for Now:

If you are stuck in a position that no longer is challenging, or where you are no longer learning, it’s up to you to seize control and improve this situation. Don’t let the fears or false beliefs or even laziness keep you from resolving your career problem. I admire individuals who strive to solve the challenges within their present firms and I respect those who after giving this a valiant effort, decide to take their talents elsewhere. Give yourself permission to make a change.

Don’t miss the next Leadership Caffeine-Newsletter! Register herebook cover: shows title Leadership Caffeine-Ideas to Energize Your Professional Development by Art Petty. Includes image of a coffee cup.

For more ideas on professional development-one sound bite at a time, check out: Leadership Caffeine-Ideas to Energize Your Professional Development

New to leading or responsible for first time leaders on your team? Subscribe to Art’s New Leader’s e-News.

An ideal book for anyone starting out in leadership: Practical Lessons in Leadership by Art Petty and Rich Petro.

 

Just One Thing—How to Ace Your Next Executive Presentation

Just One ThingThe “Just One Thing” Series at Management Excellence is intended to provoke ideas and actions around topics relevant to our success and professional growth. Use them in good health and great performance!

While some people view an invitation to present to executives as a prison sentence (or worse), this truly can be a career enhancing opportunity. However, like any challenging situation, preparation and attitude are keys to success.

I’ve worked with dozens of professionals faced with this opportunity for the first time, and every encounter reminds me of my own early emotions as I prepared for and dreaded my first senior management presentation.

It’s not worth the churn, dread and sleeplessness folks, especially if you prepare properly and thoroughly.

7 Ideas to Help You Prepare for and Nail Your Executive Presentation:

1. Start early and prepare your mind. Unless you are presiding over a disaster of monumental proportions and have been summoned to explain yourself in front of the firing squad, this is a positive invitation. It’s an honor to be invited and it is an opportunity to establish an impression with the people who can choose you to be successful. Prepare like it’s the next most important job interview of your career.

2. Know who invited you and why. Since someone had to champion getting your name placed on the agenda, it’s important for you to tune into why you were invited and precisely what they are expecting from your time on the agenda. Your inviting sponsor in this case has a stake in your success and typically will do whatever it takes to help you prepare for your presentation. Leverage this resource liberally.

3. Know your audience. This one can be difficult for individuals who have had very little or no prior contact with members of the senior management team. Your sponsor or your boss may have some insights, and of course, it’s reasonable to err on the side of assuming that the group is comprised of successful, smart people interested in facts, well-developed ideas, clear plans and how all of this will help the firm achieve its strategic and financial goals.

4. Plan your message. Whatever your topic is, you’re in front of the executive team for just a few brief moments. Use this time with the skill of an entrepreneur asking for an investment in an idea. Your message must be crisp, your key points or recommendations defensible and your defense supportable.

While most of us tend to launch powerpoint and think in serial fashion when preparing for a presentation, start by planning and tuning a message map before you build your first slide. (Note: it’s OK to skip the slides…see point #6.)  The message mapping process forces you to lock in a clear central theme and then defend this theme with key points and supporting evidence. A properly developed message map offers you the ultimate support for answering the expected difficult questions from your executives. Also, everyone will appreciate a crisp, well-developed message delivered with clarity and confidence. (For more on the technique, check out my post: The Career Enhancing Benefits of Message Mapping.)

5. Bring your confidence and back it with transparency. Executives smell “lack of confidence” immediately, and they know when someone is attempting to obfuscate the issues. Confidence and transparency are two critical components that must be present when you present to this group. A perceived lack of confidence will destroy your credibility in the moment and any attempt to mask risks with sunshine or offer visions of results that cannot be supported will result in you effectively inviting an air strike of questions that you will not recover from in this setting. Alternatively, clearly describing risks and highlighting assumptions while offering a way forward will earn you serious credibility stripes. It goes without saying that having your message down cold (thanks to your message map) and ample practice, will help you build confidence.

6. Focus on the message and keep the materials clean and simple. If you suck at building clear, crisp, bullet-light and text limited slides or handouts, get some help. Call in a favor from a colleague or go into favor debt, but ask for help. Leave the eye-charts, clip-art and complex animation builds for some other setting. The visuals and supporting materials must never fight the messaging and thanks to our mostly sloppy use of the presentation tools such as Powerpoint, they often do just that.

7. Admit it if you don’t know it. Said another way, never, ever make stuff up. While this piece of advice might seem preposterous, the pressure of the event has overwhelmed many an accomplished professional’s common sense, especially in the face of tough questioning.  You are much better off admitting you don’t know something than attempting to bluff your way through the answer. The best response in this situation: “That’s a great question and instead of hazarding a guess, I will get back to you today.” And then do it!

The Bottom-Line for Now:

Last and not least, remember that the prevailing attitude of the executives before you open your mouth is one of interest and hope. You wouldn’t have made the agenda if they weren’t interested in hearing and learning from you, and you can bet that good executive members are always excited to have intelligent and confident new voices join the discussion in planning the way forward for the firm. Make a great impression and you will be back. Perhaps in a new and improved capacity!

Don’t miss the next Leadership Caffeine-Newsletter! Register herebook cover: shows title Leadership Caffeine-Ideas to Energize Your Professional Development by Art Petty. Includes image of a coffee cup.

For more ideas on professional development-one sound bite at a time, check out: Leadership Caffeine-Ideas to Energize Your Professional Development

New to leading or responsible for first time leaders on your team? Subscribe to Art’s New Leader’s e-News.

An ideal book for anyone starting out in leadership: Practical Lessons in Leadership by Art Petty and Rich Petro.

 

Congratulations on the MBA! Now What? Some Key Do’s and Don’ts

what is next?Note from Art: It’s graduation season again in the U.S. and for most newly minted MBA graduates, it’s time for a reality check. Here’s my annual (updated) note offering some hard-won words of wisdom on how to navigate the steps immediately following your graduation.

All over the U.S., there’s a fresh new crop of MBA candidates preparing to say goodbye to their classmates as they wrap up what will be for many, the final phase of their academic careers. A key question on their minds is, “What’s next?”

For the graduates, there’s an expectation that the degree will reasonably and quickly translate into new opportunities, fresh promotions and improved earning power. While those who graduate from the top-tier schools may find themselves on a fast or at least faster track towards opportunities and increased earnings, many (read: most) MBA graduates face a reality that looks an awful lot like more of the same, albeit, with a bit more free time.

There will be ceremonies and speeches and parties, and rounds of drinks offered up by coworkers at local watering holes.  Bosses will congratulate the new graduates, and then June will melt into July, and in many cases, not much will change for the now former students.

For those who find themselves facing a post-school return to corporate or professional normalcy, without the hoped-for “pop” from the degree, here are some thoughts on coping and capitalizing:

10 Key Do’s and Don’ts for Newly Minted MBAs:

1. Do accept that your boss views you the same on the Monday after graduation as she did last Friday. Nothing has fundamentally changed about you in her mind. Sorry, but there’s no immediate mantle of legitimacy or wisdom bestowed upon you as you shake hands and grab the diploma. You’re a work-in-process, just like the rest of us.

2. Do congratulate yourself for having the intestinal fortitude it takes to complete your degree while working, balancing family responsibilities and all of the other challenges of life. Believe it or not, your current and many future bosses will view your accomplishment not so much as remarkable or rare, but rather as a sign of your tenacity and ability to stay-the-course.

3. Do make the effort to connect with as many of your fellow students as possible on LinkedIn. You share a lifetime bond with your MBA classmates and if properly cultivated, this portion of your network will be there to refer, hire, recruit or support your efforts for your entire career. Of course, you are there to support your classmates as well.

4. Don’t expect a promotion just because of the degree. It happens, but it’s not as common as you might have anticipated. The almost immediate post-MBA promotions are most often an outcome of a development program already in-place coupled with the recognition that the timing is right to task you with more. Every boss knows that tGraphic image with the words, It's Your Career and other related professional development wordshe new MBA will toy with the idea of moving to greener ($) pastures, however, if you weren’t on the high-potential or fast-tack list prior to the degree, the sheepskin won’t make much of a difference in the current environment. Translation, you’ll have to navigate your own way up or out.

5. Do use the milestone as an opportunity to work with your boss and refresh your professional development plan.  It’s a great time to sit down with your boss and update or create a professional development plan. There’s every reason for you to assert that you can and want to do more for the firm, and every civilized boss will recognize the need to start feeding this fresh appetite or risk losing you.

6. Don’t even remotely hint that unless you are promoted you are gone. It’s time to show what you can do, not show that after 3 years and $150,000, you’ve grown arrogant.

7. Do accept that the completion of your MBA is the beginning of your next apprenticeship as a leader and a professional. Grad school doesn’t teach you how to lead, nor does it turn you into a great strategist, a future CEO or a management innovator.  You’ve apprenticed on the tools…mostly the science of management and you’ve got a license to begin applying them.  The real work of learning to lead and learning how to create value for your stakeholders has just begun.

8. Do recognize that your primary task is how to make yourself more valuable to everyone around you. Now that you are no longer distracted by school, it’s time to answer, “What have you done for us lately?” Accomplishments are the currency of the realm, not degrees!

9. Do take responsibility for developing your own professional brand. In a world where we all own our own brand, take responsibility to cultivate and manage your brand by using the tools readily available to all of us. Start a professional blog. Contribute to articles. Seek out leadership opportunities at work and in your private life and use tools like LinkedIn, your own personal website and others that emerge over time to showcase your professional value.

10. Don’t shirk your responsibility to continue learning. Too many professionals complete the degree and then go decades without investing in their on-going development. Keep reading. Start writing. Pursue training and development around leadership, strategy or in your chosen discipline. Sign-on to teach as a means of giving back. Just don’t let the gray matter rest for too long. It needs to be stimulated and fed.

The Bottom-Line for Now:

Congratulations! I’ll buy the first round and then tomorrow, we’ve got to figure out how to thump competitors and survive and thrive in this incredibly complex and fast-moving world. Sure hope you paid attention. Now show me what you’ve learned!

Don’t miss the next Leadership Caffeine-Newsletter! Register herebook cover: shows title Leadership Caffeine-Ideas to Energize Your Professional Development by Art Petty. Includes image of a coffee cup.

For more ideas on professional development-one sound bite at a time, check out: Leadership Caffeine-Ideas to Energize Your Professional Development

New to leading or responsible for first time leaders on your team? Subscribe to Art’s New Leader’s e-News.

An ideal book for anyone starting out in leadership: Practical Lessons in Leadership by Art Petty and Rich Petro.

 

Just One Thing—Prosper by Making Time Every Day to Just Think

Just One ThingThe “Just One Thing” Series at Management Excellence is intended to provoke ideas and actions around topics relevant to our success and professional growth. Use them in good health and great performance!

If your typical day resembles the one that most of us experience in the corporate environment, it’s a series of meetings interspersed with a series of transactional exchanges that might be better described as interruptions.

There’s little of that elusive and precious asset called “quality time” on our calendars or in our days. The steady drumbeat of deadlines is constantly playing in our minds and at times, it feels like there’s a fire to fight around every corner. When we’re given the opportunity to be creative, it’s often in forced marches through meetings with the labels of “planning” or “brainstorming.”

Our days are filled with what has been described as “unproductive busyness.” We sprint from meeting to meeting letting the Outlook calendar drive our days. And even when we’re supposed to be focusing, too many of us are obsessively checking our devices searching for something to stimulate our brains. After all, there must be something more important than this meeting going on in front of us.

Since when did meetings become excuses to catch up on email?

Chris Lowney, a former Jesuit priest turned Investment Banker (an interesting career path to say the least), writing in his book, “Pope Francis: Why He Leads the Way He Leads,” describes what happens when we don’t create the time for daily reflection: “And so we turn ourselves into hamsters on hamster wheels: spinning, but not necessarily moving forward.”

I see the long-term impact of no down-time…no thinking time in the form of worn-out mid-career managers and exhausted senior leaders who struggle through their days. They’ll describe in private that they no longer feel the same passion for the work they once loved, and they worry that they’ve lost their edge and will be unable to get it back. They are worried and frightened of what this state portends for the balance of their careers.

What we fail to do in our workdays is find time to think deeply. From unstructured conversations to reflective time on our own roles and our performance in the workplace, the time spent thinking and talking without a deadline is valuable processing time.

This isn’t down time, it’s different time. Instead of unproductive busyness, it’s productive un-busyness. It’s the root source of ideas and connections between ideas. It’s the time when we see our way forward through complex problems and toward solutions that have been otherwise elusive.

Productive un-busyness cannot be mandated, but it can be prioritized. The most successful leaders and managers I know have cultivated a mechanism that helps them recharge by creating thinking time and/or pushing themselves so far from the activities of work that the brain gets a momentary and much appreciated holiday. Lowney offers the Jesuit practice of Examen: a daily technique of prayerful reflection, as one approach for leaders and professionals struggling to jump off the hamster wheel.

From meditation and prayer to the lunchtime walk-about or workout to quiet reading time, it doesn’t matter what you do as long as you make the time to shift gears and let your brain focus somewhere other than e-mail or the noise coming from yet another status meeting.

Every day.

The Bottom-Line for Now:

No program, no management fad, no short-list of the top ten things to do. Just a reminder that your brain and the brains of your team members will serve you best if you build in and/or encourage people to regularly tune out the drumbeat and turn off the updates. I’ve watched burned-out managers come back from the brink by recognizing the need to create time to think deeply, and then making it a habit. Whether it’s for your professional mental health or for the health of your team members, it’s important to find ways to momentarily reflect and place things in context.

 

Don’t miss the next Leadership Caffeine-Newsletter! Register herebook cover: shows title Leadership Caffeine-Ideas to Energize Your Professional Development by Art Petty. Includes image of a coffee cup.

For more ideas on professional development-one sound bite at a time, check out: Leadership Caffeine-Ideas to Energize Your Professional Development

New to leading or responsible for first time leaders on your team? Subscribe to Art’s New Leader’s e-News.

An ideal book for anyone starting out in leadership: Practical Lessons in Leadership by Art Petty and Rich Petro.