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Saturday, January 14, 2012

Develop Your Career Exit Strategy

If you are the books of the investment or business, you know that all the experts who tell you that an "exit strategy" for your investments or your business to develop, even if the business plan writing. Without using a lot of financial jargon, this is basically a plan to maximize performance of its assets to sell to make or close the business or investment.

So how does this affect you? Developing an exit strategy must be an essential part of the career plan of all. Why? YOU ARE THE MOST important asset! Think of you and I, Inc. You are your own CEO. You want to control your own career, in their own terms. In his current role has become much time and effort to get where they are, to know what you know.
Consider the following scenarios:

His big boss leaves the company for a better opportunity. An excellent position opens in your company, and she calls you to submit your resume and an interview with key management. Is your resume up to date with all your recent accomplishments? Are you ready for an interview? Or climb up there trying to get your resume ready, and worry about how it will perform in the interview?

There are rumors in the work of more layoffs. One day, the dreaded news that his department is downsizing. Do you have a flight?

Your boss leaves the company, and now there is an open executive position. You like the opportunity to a manager. Have you updated it to replace his boss? Does your resume reflects the performance needed someone show you the best candidate? Have you practiced an interview for a managerial position?
You must take control of your destiny at all times in case something happens, good or bad. How can convert all your knowledge and experience in a "what-if" plan?
Common sense tells us that being prepared is the best way to avoid crisis. For example, smoke detectors and fire extinguishers is probably at home, right? Not because you think it will be a fire, but because they want to be prepared, just in case.
Your exit strategy for the race works the same way. You must have a plan in place in case something happens.
Unfortunately, we have seen many companies downsize or completely created in recent years (think Enron and WorldCom?). By the way, I will not be at the mercy of the company you work for.
Well, you get the idea. So what can you do?
Here is an easy to plan your exit strategy to enter below. Put it into action will not occur during the night, which is easier to break into smaller pieces.

Document at least 3-5 performances every week and challenges to overcome. This is probably best done on Friday, but it really depends on you. Be as specific as possible, and also in line with your personal computer or business goals.

TIP: To make the most of these successes to take to his immediate superior of each week. This will help in assessing the performance, because you have a specific list of benefits, and help you take full advantage of the merit pay increases. Again, this is information used to update your resume. When you're ready for a new position, simply select the services in accordance with the requirements of your new position, and ready! You have an impressive resume!

Know what you want to learn and set goals. Is there a particular skill or some kind of software you need to learn to get where we want to be? What will help you to succeed here is specific, attainable goals (SMART goals before? Simple, measurable, achievable, realistic and tangible) above, and not try too many things at once. Many companies have e-learning and training you can attend. See if you can take advantage of some of these possibilities.

Keep a positive attitude. Negative rumors at all costs avoid. You know what I'm talking about - people who like to spread fear throughout the world by the "last" she heard "someone" about "something bad" will happen in the company (the threat of layoffs, bankruptcy, personal gossip, etc.. ) IGNORE!

Keep your resume updated. It is not the person somewhere for five years, and try to figure out what's on your resume when desperate for a new job or get promotion.

TIP: If you already have with a company for a while and are not tracking their performance, refer to their past performance evaluations of ideas. Keep copies of all performance evaluations!

Follow the trends. Stay informed of what's happening in the industry or field you are in. This will help you know what you need to learn, and you clues about what companies are the movers and shakers to give. Also try to keep up with the latest technology in your industry.

Learn how your business performs financially. It is important to know if your company is doing well financially and went bankrupt. Many companies keep employees informed of the quarterly financial reports and overall performance. It is not the person who delete messages without reading! If your company does not send you this information, all listed companies file their financial statements. Yahoo Finance page is a great tool to use: All you need is the symbol of the values ​​of your company. If you are unsure how to read a financial statement, there are plenty of free tools out there to help.

Stay up to date. They have a great boss or colleague who left for another time? Do not forget your contact information to get and keep contact with them. You never know when you may need to call to see if known, or know someone who might know of an available vacancy. Or better yet, when called for a great opportunity that just opened!

Interview practice. Even if you plan to leave your company, or another possibility is currently searching, keep your interviewing skills day will help to keep building their confidence. Instead of being afraid and nervous about a possible interview, you're done and you know yourself and your skills inside and out.

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