It’s Your Career-7 Key Do’s and Don’ts for the Newly Minted MBA

It'sYourCareerIt’s graduation season again in the U.S. and for most newly minted MBA graduates, it’s time for a reality check. Here are 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:

7 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. 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 the 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.

4. 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.

5. 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.

6. 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 (hey, no jokes about the dismal science, please!), 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.

7. 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!

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!

More Professional Development Reads from Art Petty:book cover: shows title Leadership Caffeine-Ideas to Energize Your Professional Development by Art Petty. Includes image of a coffee cup.

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

New to leading or responsible for first time leader’s 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.

 

It’s Your Career! Now is the Time to Start Reinventing Yourself

ItsYourCareerNote from Art: Welcome to a new Friday Career Feature here at Management Excellence.  You work hard in your job, but how much time do you spend working ON your career?

When it comes to your career, the best defense is a good offense.

The odds are fairly good that at some point during your career, you will face an unexpected interruption in your employment. The issue isn’t that it happened, it’s what you do once you’re faced with this problem that is critical to your career.

Given that our new normal is one that includes rapid obsolescence of products, technologies, companies and even entire industries, it’s common for the process of recovering from a job loss to be much more about reinvention and much less about traditional search.

5 Ideas to Help You Jump Start Your Next Career Step Before the Old One Disappears:

1. Actions Count. Make the commitment to dealing with this fuzzy, ambiguous topic of, “what do I do if my industry/firm/job disappears?” Thinking about it isn’t good enough. Action begets action. Get up off the couch, turn off the latest episode of (insert your list of favorite mind killing shows) and begin the work of designing your career forward.

2. Cover the Basics. Too busy to finish your degree twenty years ago? That’s going to haunt you now. Fix it. Need a refresh on the MBA? There are plenty of programs available to bring your skills up to speed. Check in with your alma mater or peruse the professional development options available at your Community College.

3. Shed Your Dinosaur Shell. Find someone to teach you how professionals use social media and get out there. Start a blog; learn to tweet; learn to follow and learn how to carefully and respectfully cultivate a LinkedIn network like your next job depends upon it. It might. And while you are at it, bring your technology skills up to speed. If you intend on remaining a part of the broader workforce, you are now in an era and an environment where people who assume the internet has always been there and don’t get why someone might use a phone for anything other than texting, are increasingly the norm.

4. Get Help Navigating If You Are Lost. Not knowing what to do next is a big problem for many who find themselves suddenly sitting on the sidelines and looking out at a game that has completely changed. From Career Counselors to your Alma Mater’s Career Center to Small Business Development Centers (in every county in the U.S.) to your Community College, there are resources out there that can help you define options and paths as well as evaluate the feasibility of following long dormant dreams of your own business. Ask for help. Don’t sit at home waiting for enlightenment.

5. Treat Your Career Reinvention Like a Strategic Planning Project. Assess the environment. Look at your strengths and weaknesses. Map potential opportunities and threats and focus in on the most feasible option Define a series of integrated actions (education, training, network development etc.) and steps that move you towards your best option, and set up performance measures to gauge your progress.

The Bottom-Line for Now:

Consider these ideas as good precautions. It pays to be prepared. Insurance, fire extinguishers and a good “next step” plan are all priceless when you need them, and so is a good “Plan B” for your career.

–Related Reading at Management Excellence: Defining Your Professional Value Proposition

More Professional Development Reads from Art Petty:book cover: shows title Leadership Caffeine-Ideas to Energize Your Professional Development by Art Petty. Includes image of a coffee cup.

Don’t miss the next Leadership Caffeine-Newsletter! Register here

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

New to leading or responsible for first time leader’s 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.

 

New Leader Tuesday: Start Leading Before the Promotion

Image of a sign that reads: Under New Management

New Leader Tuesday at Management Excellence

In Monday’s Leadership Caffeine post, I strongly encouraged senior managers to accelerate the pace of their leadership development activities for their high potentials. Today, it’s your turn.

Quit waiting for the boss to bestow the mantle of leadership responsibility on you. It’s time for you to seek out opportunities that help you cultivate the critical communication, motivation and decision-making skills so critical to your development as a leader.

5 Ideas to Gain Leadership Experience Before the Title:

1. Volunteer to Lead Something. Anything. Seriously, whether it’s the planning committee for the holiday party or Summer picnic or an initiative that’s on the boss’s wish list, jump in with both feet and learn what it’s like to bring a project in on time, under budget and with great results.

2. Interview the Firm’s Leaders about their Leadership Experiences.  I enjoyed watching a newly minted college graduate who was set on quickly moving into a supervisory role, navigate her way through a series of interviews with the firm’s senior leaders. Her enthusiasm, great questions and interest in the challenges and experiences of people in positions of authority left a great  impression that certainly kept her front-of-mind for one of the next promotions.

3. Make a Project Manager a Mentor. This often under-appreciated role is filled with great professionals who achieve miracles with little direct authority over their resources. They build trust, motivate people who don’t work for them and facilitate the art and science of delivering initiatives. Shadow, observe and soak up the lessons!

4. Step into Sticky Situations on Your Team. I make it a habit of looking for those individuals who display the ability to bring calm and focus and who can promote progress in situations where everyone else is flailing or panicking. Be that person and you’ll be noticed.

5. Strive to Be a Great Follower. While perhaps counter-intuitive, striving to be a great follower for your boss helps you strengthen your understanding of the role of the leader. Personally, professionally and politically, it’s a great way to build your reputation and gain trust from your boss.

The Bottom-Line for Now:

While I’ll work on prodding the boss along to create and implement an aggressive leadership development program to help you make that move into a role responsible for others, don’t wait for either of us. You own your career and you own your professional development. Set a brisk pace based on a deliberate plan of action and keep moving forward.

More Professional Development Reads from Art Petty:book cover: shows title Leadership Caffeine-Ideas to Energize Your Professional Development by Art Petty. Includes image of a coffee cup.

Don’t miss the next Leadership Caffeine-Newsletter! Register here

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

New to leading or responsible for first time leader’s 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.

 

 

Getting Ahead-Part 1: Taking Ownership of Your Professional Presence

image of a hand holding a mirrorNote from Art: this is the first in a series of posts focused on the skills, tools and behaviors we must cultivate to develop as professionals and as leaders.

Whether you are responsible for the work of others or your “team” stares back at you in the morning mirror, there are many key skills that you must cultivate to help differentiate you from your internal competitors and to successfully grow your career.

Professional Presence, is one of those slightly squishy to define but critically important topics. Professional presence is that amalgam of qualities…confidence, authenticity, positive body language, proper vocal management, empathy etc. that others perceive in you and about you.

Professional Presence is your professional value proposition…your brand promise, manifested in your behaviors and measured in people’s perceptions about your character, your abilities and your worth to them and to the organization.

Like the great Olympic athletes we recently marveled at, top leaders and high performing individual contributors recognize the importance of deliberately strengthening how others perceive them. They work tirelessly to  hone and refine their natural abilities and to align their behaviors with the brand promise they want to develop and reinforce.

For someone embarking on a program to strengthen their Professional Presence, this is a journey of self-discovery (best helped along by an outside mentor or coach) that forces the individual to confront challenging personal issues and the need for behavioral change. In our programs working with high potential individuals on professional presence, there’s a fair amount of metaphorical bleeding that goes on as the individual works through some key questions.

6 Hard to Answer Personal Professional Questions:

1. What’s my meaningful and differentiable value proposition or brand promise? What is it that I do that adds value my firm and my teams? Most people are unable to initially define their value proposition without resorting to the weasel phrases that populate their CVs.

2. Does my value proposition or brand promise support where I want to go in my career?  What’s my go-forward brand promise?

3. How do others truly see me? Physically what do they see? Emotionally, what do they perceive or think about when they consider me and my work and abilities?

4. What are the gaps between my view of my brand and value proposition and the view that others perceive?

5. What behaviors do I have to change or develop to reinforce my brand promise?

6. How will I know if it’s working? What’s my mechanism for measuring and continuously improving?

Warning-Ignore How People Perceive You at Your Own Peril:

As humans, we have an uncanny ability to build a self-image in our minds that is clear, positive and often out of sync with what others perceive. While our families and friends know and appreciate us for who we are, and they mostly overlook our shortcomings,  when it comes to the workplace, a failure to understand how others perceive us is a potentially career fatal mistake. After all, others choose us for success. Whether it’s our boss, our boss’s boss or our team members, we are dependent upon them for advocacy.

5 Suggestions to Assess and Strengthen How Others Perceive You:

1. Recognize the need for you to cultivate your presence and to own your own branding strategy. Get over thinking that you are doing something here that is disingenuous. You’re not trying to fool people into perceiving something that you are not. You are striving to help people understand who you are and how you create value.

2. Spend time defining what it is you want others to perceive in and about you. Don’t minimize the challenge in this exercise. Take a look at your Resume and if it is nothing more than a series of functions and tasks, you need help here.

3. Identify the gaps between your view of your value/brand and the view that others have of you.  You need quality, robust feedback to understand how people truly perceive you…in contrast to your own self-view and your desired brand promise.

4. Assess the needed behavioral changes and develop an improvement program. Again, outside help is advised and on-going, robust feedback is essential here.

5. Regularly repeat the entire process.

The Bottom-Line for Now:

Don’t be naive and assume that others view you as the confident, sharp-witted and agile leader or contributor that you perceive you are in your mind’s eye. In this world of constant change, a failure to manage yourself, your presence and your value proposition is tantamount to defaulting on yourself. Instead, take ownership and build professional equity by deliberately strengthening your professional presence.

Don’t miss the next Leadership Caffeine-Newsletter! Register here.

For more ideas on professional development-one sound bite at a time, check our Art’s latest book: Leadership Caffeine-Ideas to Enebook cover: shows title Leadership Caffeine-Ideas to Energize Your Professional Development by Art Petty. Includes image of a coffee cup.rgize Your Professional Development

Download a free excerpt of Leadership Caffeine (the book) at Art’s facebook page.

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

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

Need help with Feedback? Art’s new online program: Learning to Master Feedback

Newsletter #2 Next Week & Art’s Writings Last Week

Issue #2 of The Leadership Caffeine Newsletter Next Week.

This newly designed publication includes subscriber-only leadership and professional content. The emphasis is on providing ideas to energize development and strengthen performance for you and your teams. Subscribe on my home page at http://artpetty.com or use the form at the bottom of this post. Your e-mail information privacy is of paramount importance, and I use only double opt-in practices. Last and not least, subscribers gain access to the archived issues for on-going reference. I look forward to serving you in this format.

In Case You Missed It-Art’s Writings Last Week:

Leadership Caffeine-Teach Your Team’s Smarter Decision Processes

This is the latest in my growing series of essays on improving personal and group decision-making processes and results. The post focuses on five key questions to ask your teams before they decide, and offers ideas for improving discussion quality based on those questions. I include links to other relevant posts on strengthening group and individual decision-making as well.

Lessons in Management-Innovation from Main Street

Many of the global giants are rethinking their traditional approaches to managing and leading in these fast-changing and challenging times.  If you and your firm are being challenged to carve out a fresh position and build a new competitive advantage, you might just focus on what’s happening a few blocks from your home.

Career Focus: Invest in Your Professional Survival Skills

Too many good professionals have been caught by surprise with a job loss after many years of loyal service. For many of these, the problem is compounded by simply not investing much time in some critical areas to strengthen their professional brands, networks and skills. A great time to start is today!

Another Great Resource-In Case You Missed It:

The February, 2012 Leadership Development Carnival-a great source to check out what some of deep thinkers have to say about leadership!

Art Petty is a Chicago-based management consultant focusing on strategy and leadership development. Art regularly speaks on innovation in management and leadership, and his work is reflected in two books, including the recent, Leadership Caffeine-Ideas to Energize Your Professional Development. Art publishes regularly at The Management Excellence blog at http://artpetty.com

Prior to his solo career, Art spent 20+ years leading marketing sales and business units in systems and software organizations around the globe. You can follow Art on twitter: @artpetty and he can be reached via e-mail at art.petty@artpetty.com

 


 

 

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