Four Reasons for an Extended Job Search

In a recent phone conversation with a prospective CFO client, he asked me how long a job search might take. It’s a firebomb question, and the truth can be discouraging. It might take 3 months, 6 months, or more than a year. Because I want my clients to be reasonable in their expectations of what is ahead in that land mine known as “job search,” I am truthful with them.

My expertise is in creating a cohesive value message and giving my clients the tools to conduct an effective job search. However, the job market is the job market and the hiring process is incredibly flawed. That said, there are a few reasons why a job search can take longer than it should. These are my top 4 reasons why a job search may be extended … and age is not one of them.

Position you are seeking

There are limited Chief Financial Officer opportunities. In fact, opportunities are limited across the board in the C-suite. Add to that fact that hopefully you are seeking the right-fitting opportunity and not just any opportunity, and you can reasonably expect that your job search may be longer than you would like.

At the risk of beating a dead horse …

Lack of planning

Failing to plan is planning to fail. Because it can take time to secure that next right-fitting opportunity, it is incumbent upon a serious executive candidate to create and execute a job search plan in anticipation of a move well in advance of actually needing or wanting to move.

Keep in mind that the passive candidate (one who is open to new opportunities AND employed) has much more power (to negotiate a compensation package) than does the unemployed candidate. I am not saying that is right or fair; merely, that is the case more often than not.

One mitigating factor to my last statement is …

Strength of your network

I’ve covered this in my prior blog post. I find one of two things typical with my finance leaders. Either they have no network or they are not using their network effectively. If you truly want that next, right opportunity … the strength of your network and the effective use of your network matters.

Geographic area

You miss 100% of the opportunities that never cross your path. When you throw too narrow of a net in your job search, i.e., too small of a geographic area, the pool for those limited opportunities shrinks even further.

Two things happen when a geographic area is expanded. You may hear about …

– a dream opportunity in a location you just might be open to considering; or

– an opportunity right smack dab (that is a southern term of precision) in your preferred geographic area.

If you want to discuss how I can help you maximize your unique value in order to leverage your power positioning, give me a call.

Copyright CFO-Coach 2017

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Cindy Kraft is the CFO-Coach and America’s leading Career & Personal Brand Strategist for Corporate Finance Executives helping clients understand their marketability, articulate their value, and position themselves as the clear and compelling choice. She is a Certified Reach Personal Brand Strategist, Certified Reach Online Identity Strategist, Certified Career Management Coach, Certified Professional Resume Writer, and Job & Career Transition Coach. Cindy can be reached via email Cindy@CFO-Coach.com, by phone 813-655-0658, or through her website at www.CFO-Coach.com.

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