Chief Finance Officer

What is Your Status?

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During job search coaching sessions with clients, we always talk about the importance of Linkedin as a critical piece of a balanced search strategy. What is vital to remember, though, is that merely “building” a compelling profile is only the first step when your goal is to create visibility and attract opportunities.

When I did a search using “CFO” today, I got 443,837 results. That … is a lot of Finance Chiefs! Clearly key words are important to your profile, but I would also suggest that using the status update bar is a gold nugget strategy most Chief Finance Officers do not fully utilize.

Look at this stat on the impact of posting a status update …

One status update can occupy up to 80% of the feed screen, pretty impressive real estate. With the right kind of LinkedIn status updates, you can make a huge difference in the amount of visibility and attention that you receive.

I recognize that my CFOs are busy people. Most are barely engaged on Linkedin and a big fear is that using any social media requires an inordinate amount of time and energy. My philosophy is that consistency and constancy really rule the day; meaning, be constantly consistent in utilizing the status update bar howeverthat fits into your schedule. If posting once a week is something to which you can commit, then be constantly consistent about your weekly posting.

In social media, “build it and they will come” just does not apply … because there are always new players coming to the table. By strategically using the status update function, you can separate yourself from the competition with updates that showcase your thought leadership and your branded positioning.

If you want to boost your visibility on Linkedin, give me a call. I would be delighted to help you!

 

Copyright CFO-Coach 2018

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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 813-727-3037, or through her website at www.CFO-Coach.com.

Four Reasons for an Extended Job Search

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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 813-727-3037, or through her website at www.CFO-Coach.com.

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Linkedin Profiles & CFOs

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Fast Company recently posted an informative article on what recruiters prefer to see in a Linkedin profile. It is good advice, and you can read it here. I thought I would add my two cents, aimed specifically at CFOs, to the information.

– Keep Your Profile Current

It is so easy to “forget” about Linkedin when you are not in job search mode. The reality is that recruiters are always looking for top-quality passive candidates and one of their sourcing methods is Linkedin. Keeping your profile current so you can be found, and your contributions as a problem-solving CFO are front and center, is a commendable career management strategy.

– What Constitutes a Headline?

It isn’t your current or most recent job title. The moment we identify by job title rather than value to a prospective company, we begin to lose important positioning.

Think about what entices or intrigues you to actually read an article or a post beyond skimming “headlines.” That same methodology applies to recruiters, while simultaneously differentiating you from the competition.

Honing in on how you are different from your competitors and how you have (and do) deliver value is the beginning of an effective headline.

– Your Profile Might be your Home on the Web

And if it is, it is NOT the same as your resume. Nor should it be a mere recitation of duties and responsibilities held throughout your career. Your “home on the web” is best utilized by creating an authentic and cohesive value-story that begins with your headline and ends with contributions delivered throughout your career, including any hobbies or personal interests that further or solidify your value positioning. Culture fit is the most challenging piece of the hiring process, so your ability to showcase fit-for-culture will only enhance your appeal.

If you need help crafting your value positioning on and off the web, let’s talk. You can reach me at Cindy@CFO-Coach.com or 813-727-3037.

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, Credentialed Career Master, Certified Professional Resume Writer, and Job & Career Transition Coach. Cindy can be reached via email Cindy@CFO-Coach.com, by phone 813-727-3037, or through her website at www.CFO-Coach.com.

Prime Resume Real Estate

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On average, how long does it take before you stop listening to the person who is talking to you and begin mentally going over your remaining “To Do” list, think about what you’re going to say next, or plan how you can tactfully extract yourself from the person and the conversation?

We’ve all been there, right? And it’s even more challenging for the High D folks – which encompasses most Senior-level Executives and particularly the less-people-oriented people operating within the finance realm.

So take that same concept … tell me what’s important, make it quick, and hit my pain points … and apply it to your resume.

Learn how in my column for this month’s Futures in Finance newsletter.

Prime Resume Real Estate
Prime Resume Real Estate

K.I.S. for CFO Branding

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When most of us think about Albert Einstein, we think about a man who was so incredibly intelligent that the average person could not hold a conversation with him, right? Well, apparently that’s not the case. He actually embraced the “KIS” philosophy – Keep It Simple. "If you can't explain it simply, you don't understand it.”

Nick Tubach blogged about this philosophy as it relates to recruiting, but I think it is particularly important for a Chief Financial Officer’s personal / professional marketing message. "If you can't explain it simply, you don't understand it.”

It’s easy to get lost in the details, particularly the “experience” details. After all, we own, with some amount of pride, everything that we’ve done. But there are a few important things to remember when crafting your executive resume and communication message.

— 3 is the new 30. The Internet has taken a 30-second TV ad and slashed that message to 3 seconds. Can you deliver your marketable value proposition (MVP) in 20 words or less?

— The Blackberry, iPhone, and Twitter have forever changed how we deliver and receive messages. The most high-value piece of resume real estate is the top half of the first page. Can yours stand alone? Is it powerful enough to motivate your target audience or a recruiter to take action?

— Clarity and brevity are king. If you don’t know your MVP, you can’t communicate it. And if you can’t articulate it briefly and powerfully, you can’t sell it. And if you don’t know who needs what you bring to the table, no transaction will take place. 

K.I.S. … it’s a powerful weapon in the world of finance executive branding and marketing. 

Headhunter Secrets to Social Networking

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Recruiter Bill Vick was shining in the CFO–Career–Forum this week. He offered a fast–paced and compelling argument for why you, Mr. Finance Executive, should leverage social networking as a key part of an overall branding strategy.

My favorite statement from Bill was this … “You are who Google says you are,” followed by “You are your brand.” And he’s right. And that trend is going to become even more important in the future.

According to Execunet’s "Dealing With Your Digital Dirt" report, the number of recruiters who use search engines to uncover information about candidate is up almost 10% over 2005 figures. Additionally, the number of recruiters who said they have eliminated a candidate because of information they found on the Internet is up 17% over that same time period.

Leveraging the power of Linked In was a big part of Bill’s social networking insight, and his tip at the end was worth the price of admission. I hope you caught it!

My long–time readers will recognize Bill’s philosphy as being one I have been preaching for quite awhile … having a visible online brand positions you as the clear and compelling choice and is a vital long–term career management strategy.