The Buzz is Audible

I've noticed some increasing buzz in the corporate finance space. Opportunities that seemed to be flat-lining over the past year have a pulse again. CFOs who spent the last 12-15 months hunkered down in positions they hated are now cracking the door to see what other options might be available. How do I know? My phone is ringing constantly.

While hiring is definitely lagging … and recent stats indicate that pre-recession staffing levels probably won’t return for another couple of years … it’s a great time to be a senior finance leader. 

A high-value, socially well-connected Chief Financial Officer, who may now or in the future want to move, should pay attention to the buzz. 

–Network. The best time to network is when you don’t need to network. You don’t need anything and are in a position to give and help others. Ramp it up. With the ease of online networking, devoting 15 minutes a day to the effort can make a huge difference.

–Get Visible. If you’re brilliant but no one knows about it, does it matter? If you aren’t marketing yourself, it’s unlikely anyone else will be doing so. 

–Be Prepared. The best opportunities come when you’re not looking. Unfortunately, not looking also means you can be caught unprepared. Putting a resume together in a day is a very different process than drilling down to find your branded value proposition and creating a marketing document and online presence that positions you to play from your strengths, passions, and values. 

Stay the Course … or Pivot?

You thought I was going to talk politics, right? Another day, perhaps. But I am going to borrow from a current political message.

Disregard people’s responses at your own peril. And while that certainly does apply to companies, government, and CXO’s who set strategy, what about on a much more personal level … your job search.

What responses are you getting to …

Your resume? Interest? Inquiries? Interviews? Or, Silence? Unless your answer is one or all of the first three, what can you do differently to move from silence to activity?

Networking? Is your network providing you with introductions to your target market? Or, are people hiding behind closed doors because you asked them for a job and they can’t deliver? Is it time to hone your message?

Search strategy? Sitting in front of a computer and responding to posted positions is easy and it sure can make a person feel productive. But what is the return on your investment of time and energy? If decision-makers are not responding, the search strategy might need an overhaul.

Online Presence? Do you have one? Is it credible? Is it attracting the kind of opportunities you want? If your message is not resonating with your target market, then perhaps the messaging needs to be refined. 

I know you know this. If you keep on doing what you’ve been doing, you’ll continue to get what you’ve been getting. If you’re getting what you want and need, great! If you aren’t, then it’s time to pivot. Unless you embrace change, it’s unlikely anything will change.

Executive finance positions, and particularly CFO roles, are limited. There are only so many available slots at the top. Move away from the masses (competition) and the same ineffective strategies they all use and craft (no pun intended) a strategy that gets you out in the open where you can be seen and found by those who need to know about you, need what you have, and are willing to pay to get it.

Private Equity CFOs

There is good news and bad news for CFOs in CFO.com’s Today in Finance article, “Private Equity Paints ‘Help Wanted’ Sign.”

Good news because the projection is that things are looking up in this tight market. Top–performing CFOs will be in great demand in the private equity market … translating to the right opportunities for those executives with a clear, compelling, and visible marketable value proposition (MVP).

The potential bad news will be for those CFOs who are under–performing and not positioned to make a move on their timeline … find themselves on the curb may come as a complete surprise and rude awakening. Remember, your MVP is highest when you are perceived as a passive candidate.

It could also be bad news for a top–performing senior finance executive who is invisible to the recruiters seeking such candidates. If you can’t be found, those great opportunities will pass by and go to the “maybe not as qualified” candidate who can be found. A visible, branded online presence is critical to proactively managing a career.

Are you on Linked In? Please join my network. Are you on Facebook? I would love to connect there, too. Be sure to have a public profile that sells your unique and compelling MVP!