LinkedIN

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.

Social Media Overreach

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If you’ve been following my articles and posts for any length of time, you know that I am an avid believer that Linkedin is a MUST for CFOs and Finance Executives. From a professional perspective, Linkedin is the best of what is available for building a robust and compelling digital footprint, sans your own website. And today, a digital footprint is a necessity for any Finance Leader who anticipates a job search at some future point.

As in any job search, maintaining control is imperative. In order to retain control of your Linkedin profile, I suggest becoming familiar with the privacy settings in your account.

To do that, log into “Settings & Privacy” through the dropdown box at the top left underneath your picture. Once you are there, take a look around. You might be very surprised at the default settings Linkedin has chosen for you.

For example, under the first section in the “Privacy” category, there is a sub-category called “Microsoft Word” which says this …

I don’t know about you, but after I invested sweat equity in creating a compelling profile that is unique to me, I am not at all interested in Microsoft Word “taking” my carefully crafted language and using it in their “Resume Assistant” feature.

Which brings me to a second point. If you really want to stand out from the crowd, don’t use a resume template program that gives you canned phrases to fill in the blanks. You need to own your message and it needs to convey your marketable value. Otherwise, you run the risk of being perceived as a commodity -or- inauthentic when your verbal message doesn’t align with your written message.

A resume and Linkedin profile are not superficial strategies, or at least they shouldn’t be. They are, and should be, the culmination of the hard work to uncover and hone your value messaging to your target audience. And a resume template program should not be permitted to “take” your carefully crafted messaging … at least in my humble opinion.

 

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.

The Stealth CFO Job Search

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This is a pretty good article from FM-Magazine on seeking a new opportunity while you are gainfully employed. While it is not always easy to do, executing good passive strategies is certainly the most beneficial approach for any CFO candidate.

You know this. I know you know this. It is both sad and true.

Oftentimes, there is a stigma and a bias
against the unemployed.

Nothing has really changed – except location. All your skills, all your contributions, all your accomplishments, and your stellar career climb – you still own them. The difference, and a big one, is where you are standing … outside the company door rather than inside your office. Because you have the best positioning and the most power as a passive candidate, it behooves every executive to keep in mind Matt Bud’s (Financial Executives Networking Group) daily mantra: You are only ever between searches. Unless, of course, you are getting ready to retire.

With the above in mind, I want to add my 2 cents to the article …

Linkedin

Yes, in this age of social media, a Linkedin profile is the expectation. But a placeholder won’t suffice. Not if you really want to compete against, and more importantly, stand out from, your competition. It requires a robust, compelling, and value-oriented profile that leverages the Linkedin algorithm and creates interest.

If your profile is not complete (according to Linkedin’s definition), you will not come up at the top of recruiter searches. Your goal is compelling and complete … and that includes giving and getting recommendations as well as joining groups.

Networking

It’s a must. Social media is great, but the real value of social media for Chief Financial Officers and other executives is building visibility among a targeted audience. Job search – passive and active – requires face-to-face networking.

And yes, the very best time to build your network is while you are gainfully employed and between searches.

Let me know if I can help you structure and execute your passive job search plan!

 

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.

4 Effective Career Management Strategies for 2018

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Have you noticed that the older you get, the faster the years seem to fly by? I sure have! We are sitting on the cusp of yet another new year, and it has never been more important to take control of your career. If you are a CFO who is anticipating a move in the next year or so, here are four strategies to help ensure that you achieve your goal.

Update Your Resume

Yes … it’s painful.
No … it isn’t fun.
Yes … it takes time and effort.

But when a recruiter calls you because he thinks you are a viable candidate, you are in a position to forward him a resume when he asks. Otherwise, you run the risk of sending him something outdated or rushed and incomplete … both at the risk of losing a potentially great opportunity.

Update Linkedin and Leverage Its Power

Linkedin is a tremendous passive strategy for current and future jobseekers, but especially for future jobseekers. There is nothing so appealing to a recruiter than the opportunity to lure away a passive candidate into a new position.

For active jobseekers, it is a passive strategy that works 24/7 in concert with your proactive strategy … enticing recruiters and prospective companies who need the skills you have and are willing to pay, and pay well to get them, to look at your profile.

To believe Linkedin is a non-player in the job search process is to risk missing opportunities you may never otherwise discover.

Network with Intentionality

A common response by my Finance Chiefs to the question, how is your network, is either …

– I don’t have a solid network, or

– I have been so busy working my job that I have not had time to build a network.

Resolve that this will be the year that you commit to building and nurturing your network. It will pay huge rewards when you are ready to make a move.

Raise Your Branded Visibility

This strategy ties into the other three, because without branded positioning there really is no reason to be visible. If you aren’t visible, it is very difficult for the recruiters and companies to find you rather than discover your very visible competition. If recruiters and companies aren’t finding you, you may be missing out on dream opportunities.

Execute the first three strategies, and then work consistently and constantly (whatever that looks like in your busy schedule) to ensure that the people who need to know about you do, in fact, know about you!

Call me if I can help! Please note my NEW phone number … 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, 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.

3 Reasons NOT to use Resume Templates

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Last week I saw comments by the CEO of Linkedin about the evolution of resumes. He is right that resumes are changing. Actually, they have been changing for a good 10 or so years with a clear focus on the ability to solve problems and deliver impacts rather than duties held and responsibilities performed. But …

A few days later, I saw that Linkedin and Microsoft have joined forces for a new Linkedin feature called “Resume Assistant.” DING DING DING! Perhaps Linkedin’s CEO had a bit of an agenda in mind when he made his resume comments.

Despite the fact that I hate resume templates, that is the first of my 3 reasons I would advise my CFO clients not to use this feature.

I hate resume templates

And most recruiters can spot them a mile away. All a resume template does is make you blend in rather than stand out from the competition. In this competitive job market, it is imperative to differentiate yourself from other candidates. What is different about how you, as a Finance Leader, solve problems and deliver impacts speaks directly to the challenge a company faces in hiring for culture fit.

Additionally, most templates do not allow you to use strategy to drive format. Rather, the templates are often format driven relegating strategy to second place.

Passive candidates are in high demand

When your resume is posted, the message – intentional or not – is that you are in active job search mode. Even if you are, advertising that can dilute your negotiating power. The perception is that something seemingly unattainable or hard to get is much more prized, valued, and desired.

My #1 reason for advising you to NOT use this template is …

If your resume is front and center on Linkedin (or any other public job board for that matter), there is no reason for a recruiter to pick up the phone, discuss his job requisition and search, give you an opportunity to articulate your value message, and ask for your resume. If you give them your resume upfront, the conversation may never take place. As a candidate, you want that conversation!

 

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.

The Dog Ate My Homework

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With that cliché title, I am no doubt dating myself. That’s okay. You already know I’ve been in business for 23 years so I’m definitely not a young pup.

This bit of sage advice from my colleague, Barb Safani, came through my Linkedin newsfeed this morning.

“If recruiters ask you to ‘walk them through your background,’ focus on your core messages of value, not the five positions you held pre-1985.”

This wise counsel is true not only when you are talking with recruiters, but is also critically important when crafting your resume, Linkedin profile, cover letters, leadership brief, and every other written marketing document you use. Not doing your homework, which in this case is not doing the hard work to clearly understand your value so you can articulate your value messaging, won’t result in a 0 grade for homework not done. Rather, it may cause you to miss out on a very lucrative opportunity; maybe even your dream opportunity.

Here area 4 tips for honing your value messaging in the competitive world of CFO job search:

– 10 to 12 are the magic numbers

While a recruiter and/or a company is interested in how you got where you are, what the hiring company most cares about is your ability to solve the kinds of problems they are currently experiencing.

In the fast-changing world of technology, that means your tangible impacts over the last 10-12 years matter much more than what happened in the early years of your career or your degree. Those foundational things matter, but they will not help a company with a problem understand how you can resolve their issue, challenge, or situation.

Which brings me to …

– It is not what, it is how

What you did only matters in the context of how you delivered value as a finance leader who knows how to step in, eliminate or mitigate issues, and make a company stronger and better. That is your track record; that is your core value; and that is what matters to a prospective company.

– Self-identify by value rather than job title or worse, lack thereof

Besides screaming desperation, which shifts the balance of power, identifying by your job title is absent any value to a potential employer. Find your value and then, use it as a neon sign at every opportunity.

– The more you blend in, the less you will be noticed

When I made the decision to work exclusively with CFOs, it was based on two things:

– With whom did I most enjoy working, and
– Where was a gap in the saturated resume writing/job coach market?

The answer was the same for both questions. I loved working with accomplished finance executives and there were no resume writers or job coaches working exclusively with CFOs.

That is true for you as a job search candidate whether you are currently in a search or anticipate a move within the next few years. Identifying how you are different from all your competitors will help to ensure that you stand out from them rather than get lost in the masses.

Your core value and strongest positioning are the most visible when you have identified what you love doing, quantified your track record of success doing those things, clarified your target market, and taken ownership of that space.

If I can help you hone your value messaging, 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, 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.

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Four Issues That Contribute To An Extended Job Search

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You know that old adage … “if it sounds too good to be true, it probably is”? Such is my perspective on articles and books and courses that are titled something like … “How to Get Your Next Job in 30 Days.” Is it possible? Maybe. Is it probable in today’s economic job market? Probably not for most people. And yet, unrealistic expectations abound, setting up job search candidates for massive disappointment when 30 days pass and unemployment is still a reality. The job search process is challenging enough without going into it with unrealistic expectations.

Here are four reasons why finding that next right-fitting Chief Financial Officer opportunity usually takes longer than 30 days.

There are limited CFO slots

Competition is fierce at the C-level. Getting noticed by companies who need your particular problem-solving skills and are willing to pay, and pay well to get them, requires branded value positioning and visibility. It is nearly impossible to stand out from the competition if you look just like all of your competitors.

With accomplished, contributing CFOs staying in their positions longer, finding those limited opportunities becomes even more of a challenge as the finance leadership space becomes even tighter.

Failing to plan is planning to fail

Most CFOs are so busy working their jobs that they don’t make time for managing their careers. The time to create or update a resume and Linkedin profile is not when a new position is needed, but well in advance of needing or wanting a new position.

Most really great opportunities come when you aren’t looking. However, if you don’t have those documents at the ready, that great opportunity could quickly become a missed opportunity. In fact, without a visible social media presence, that great, right-fitting opportunity might not even be known by a candidate.

A weak network

The value of a strong network cannot be understated. Your best opportunities will almost always come from a referral source, which mandates building your network before you need to use that network.

Over-reliance on ineffective job boards

Job boards have become the bane of job search, particularly the executive job search. Anything that seems as easy as sending off a resume to a job opening that seems like a perfect fit for you and your skills … just doesn’t typically yield much of a return. To say job boards are ineffective is a gross understatement and yet, it is an easy trap for many candidates.

The job search is anything but easy, especially when you are competing in a space with limited openings. That makes controlling the other three issues even more critical to shortening an otherwise grueling and frustrating process.

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.

 

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5 Tips for a Compelling Linkedin Profile

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Following my article on the CFOO, a CFO asked me this question …

<<… when you say “using LinkedIn as a placeholder for your online presence is a bad idea” what do you mean?>>

What I meant by a placeholder is a bare bones Linkedin profile – a name, maybe a picture, the current employer, and maybe education. A visual might be a person walking into a networking event wearing a brown paper bag on his head. It doesn’t invite perusal or conversation – there is simply nothing there to see.

Here are my 5 tips for ensuring that your Linkedin profile is more than a placeholder and sending a message you didn’t intend to send.

1. Make your headline a headline

Most people resort to dropping their most recent job title into the spot underneath their name. Using a job title is a clear missed opportunity to immediately convey value. A value statement also transcends any potential future job loss.

2. Expand your summary section

This is another place to convey value AND tell a story that will intrigue a reader to continue reading the balance of your profile. With 2,000 characters available, it is also a chance to capture critical key words that a recruiter or company will use when searching for a CFO candidate.

3. Keep your experience section fresh

By fresh, I don’t mean just updated – although that is a key point. However, cutting and pasting your resume into this section is not fresh. It is redundant. If you repeat your resume here, there is no need for a prospect to ask for your resume. Rather, think of your marketing documents as bricks that, when stacked on top of each other, form a solid wall of credibility.

4. Be judicious in choosing your connections

We never know who might be a great networking connection, but there are two important reasons to be selective in growing your online network.

First, recruiters do look at your connections and right, wrong, or indifferent – it is a part of their first impression.

Second, do you want to build a rolodex or grow your network? One is not necessarily helpful; the other is a necessity.

5. Get recommendations

Third party testimonials add credibility to your own value statements about your ability, and they matter – to recruiters and to the Linkedin algorithm. A profile doesn’t need a lot of “atta boy” recommendations; rather, it does need a few that validate your problem-solving abilities while helping to ensure a complete profile.

Social media is a critical piece of today’s job search process. Without a strong, value-oriented presence, recruiters might be missing out on the perfect Chief Financial Officer – you – to fill their job requisition! Don’t be a wallflower. Instead, be the candidate who stands out from the competition!

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.

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The Chief Financial Operations Officer

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Today’s CFO is really a CFOO … a Chief Financial Operations Officer. And it has been that way for at least the past 5 years. There is no going back. The CFO is now the CFOO and in some cases, the CEO … Chief Everything Officer.

I almost didn’t read this article because of the title. Despite the title and my disagreement with his last statement, the article makes some valid points. Like …

<<In fact, today’s CFO is more like a COO in disguise.>>

Maybe it would be a tad more accurate to say that today’s CFO position demands a deep knowledge of operations and how numbers interact with operations to drive profitability. I don’t believe there is anything concealed about that fact.

<<… there’s so much overlap with what a COO does that
it seems to me like having both is redundant.>>

I agree. However, it also seems to me that a strategic CFO is in a much better position to do that than a COO, even with a strong controller in place.

My focus, though, is how the CFO evolution impacts a finance leader’s market positioning. Pure number crunchers are rapidly going the way of the dinosaur. Articulating value as a finance executive with a track record of both visioning and executing initiatives that positively impact operations is imperative within a competitive market. That imperative is even more so when there are a limited number of positions available at the top.

Believing that “if you just got the chance to talk with a prospective company, you could close the deal” is understandable. My clients are always very accomplished. However, without strong marketable value positioning that gets you noticed, those chances may be significantly diminished.

– Does your resume contain more than duties and responsibilities? It must demonstrate your ability to take your financial and operational expertise and execute corporate initiatives.

– Does your digital footprint convey your compelling value messaging? Being a wallflower or using your Linkedin profile as a placeholder can significantly reduce your ability to get noticed by a company who needs what you do and would be willing to pay, and pay well, to get it.

– Does your network know and understand how you solve problems over and above the responsibilities you held and duties you performed? It is always about how you have stepped into a problematic situation, resolved the issue, and delivered a tangible impact as proof that you can solve the kinds of problems a prospective company is having.

Without solid operational finance messaging, perhaps there could be some truth to the author’s statement that the CFO may become a relic of the past.

If you are a CFOO who wants some help identifying your compelling value messaging – whether that is in your resume, your digital footprint, and/or among your network – 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, 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.

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Are CFOs Missing the Social Networking Boat?

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There are lists of CEOs who tweet and CIOs who tweet … but where are the lists of CFOs who are active in any kind of social media? Yes, I do have a CFO list on my Twitter stream, many courtesy of CFOWise. Are there any others?

I was talking with the owner of MyCFONetwork.com earlier this week, catching up after the holidays, and inquiring whether his membership was engaging with each other within the various communities. He said not really. In fact, what he was hearing was that they wanted more content. 

Wait. More content? Are CFOs missing the social media boat? I’m going to go out on a limb here and say, ah … yes! 

Whether you tweet or don’t tweet isn’t the issue. The real issue is that not embracing social media is a huge career mistake.

Twitter, Linked In, Facebook, and even MyCFONetwork are merely tools that facilitate the ability to  … talk with people – and – get on the radar screen of people who need to know about you. In case you didn’t know, or you forgot, it is not who you know that matters today, but rather “who knows about you.” 

I read a great article in which this quote appeared …

The only thing avoiding social media does for you is it takes your voice entirely out of the conversation. It doesn’t make you invisible, it makes you mute.

And, it makes you vulnerable.

I spoke with a CFO yesterday who was happily employed one day and shown the door the next. He was caught completely unaware, and was completely unprepared for a job loss and a job search. His digital footprint is non-existent. That means, 

–he has two huge obstacles to overcome … age bias and unemployment; and

–his search must ramp up from ground zero. 

He is in his mid-50’s and, understandably, very worried. He doesn’t have the luxury of a strong online and offline network, visibility among his target market, and the credibility of a dense digital footprint. What he does have is an uphill battle.

Look for Part 2 … Getting IN the Boat … coming up next.