Discover your dream Career
For Recruiters

A Career Change Road Map

Changing careers requires intensive research, self-knowledge, and passionate commitment to a goal. Ultimately, getting hired may rest on devising a marketable idea you can present to an employer in the field you've trained your sights on.

Self-assessment is the essential first step, says career consultant and author Andrea Kay. In order to forge a new professional identity, you must redefine your core skills in a way that makes the transferable ones obvious to people outside your current profession. "You need to think of yourself as a package of skills and abilities that you could pack up and take elsewhere," Kay told a gathering of investment professionals recently.

She often asks prospective career-switchers to name their six best skills. Each must be expressed in basic language - not the specialized terms found on resumes and business cards. Most clients struggle to complete the exercise. For instance, when an audience member listed "structuring" as a skill, Kay rejected it as not elemental enough. Even "sell" was separated into component parts such as "educate," "persuade" and "negotiate."

Beyond the Business Card

The title or description on your business card doesn't state what you can do, observes Nella Barkley, president and co-founder of Crystal-Barkley Corp., a career coaching organization. "Each one of you," she told the group, "has somewhere between eight and 15 major skill sets" that are useful for changing careers.

After identifying your essential, transferable skills, combine them with personal goals and values to create an ideal job description for yourself. This is the opposite of the typical strategy of seeking out posted openings and tailoring your presentation to match their stated requirements. "Don't try to be cramming yourself into a box that doesn't fit you well," says Barkley.

There's also the simple fact that the conventional approach just isn't suitable for a person switching into a new career. Except for pure commission sales and unskilled labor, posted jobs invariably require either experience in a similar role, extreme youth (as in, just finished college) or a newly minted credential with scarcity value like a quant Ph.D. degree. Mid-career switchers won't fly.

Nor do switchers fit any candidate profile that external recruiters are hunting for. Because employers pay retained search firms to find candidates who perfectly match current openings, a recruiter isn't likely to recommend you for a particular opening in a new career you want to break into, says Richard Lipstein, managing director at Boyden Global Executive Search. However, recruiters can be useful sources of information about companies, advice about transitioning, and referrals to contacts in your new field (although not to the recruiter's clients who are currently hiring).

Identify, Study and Pitch a Target Employer

The next step is finding a bunch of firms that need someone to do the job you designed for yourself. That requires a substantial investment of time in research, which should include informational interviews with key individuals in the industry you're targeting. Of course, such meetings are called "informational" interviews to make clear you are there to pick the person's brain - not ask about a job.

Finally, to get in front of a decision-maker who can launch you in your new career, you'll have to pitch that person an idea that makes good market sense for her business. By then you should have made yourself an expert on your target's industry, company, market and the competitive challenges they face. "I have to put on my problem-solving hat and think like the employer," remarks Kay. Do enough homework about your target's particular needs that you can credibly say: "If you're looking for somebody who can solve your problems, I'm your man."

author-card-avatar
AUTHORJon Jacobs Insider Comment
  • Be
    Been there, done that.
    6 February 2009

    Personally, I think some of her ideas are spot-on, at least as it relates to how a middle-aged job seeker is going to look to recruiters and prospective employers. She is probably correct, too, that people looking for employment (or are actually employed) should always examine their key skills and passions and evaluate their relevancy vis-a-vis their current or future positions. And finally, too, she is correct about networking and knowing your target firms inside and out. Where she falls short, however, is in her evaluation of transitioning to a new industry. People do successfully re-invent themselves all the time, but unfortunately, the higher you are in the job pyramid, the more difficult it becomes. At some point therein, if one is going to attempt a major overhaul, one better simultaneously be prepared to go it alone and become self-employed. Better yet, find a friend successfully working on their own and devise creative ways to scale/leverage their business to heights not achievable by one person. In an sense, try to make one plus one equal to three (or four). If you're bright and experienced, there are many ways to grow small businesses to incredible levels.

  • Ba
    Barbara
    5 February 2009

    People can try it but do not hope for the "silver bullet" that will get you a job you want. Emloyers are shedding jobs, not creating them. Also, employers want people with specific experience, not a list of skills that might be transferable. You have to have a real in with a company insider to make this work.

  • WS
    WSbanker
    5 February 2009

    I was at the recent NYSSA meeting where Andrea Kay was pitching her book with ludicrous ideas on how to change a career. This woman has no financial background, never worked in corporate environment and provides career advice to people working on Wall Street??? The whole session she talked about how she writes useless articles for NJ local paper that no one seems to read them and how everyone should login to her site to purchase some 'useful' info she sells. I find her ridiculous ideas absolutely not practical.

  • Wi
    WithyouJon
    30 January 2009

    I disagree with the comments above, I've definitely heard a number of recruiters - corporate and executive - tell of candidates who've been very successful at translating their skills and successes from past tangential work experience and combining it with passion, good old fashion research and persistence to make a mid-career switch. It's hard - and harder still in the current job market - but it is not impossible.

  • gi
    gimmeabreak
    30 January 2009

    agree with the prior poster. this is ridiculous. i feel that articles are posted just to post them. this will not work. stop writing this nonsense.

Show more

Apply for jobs

Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Latest Jobs
Standard Chartered Bank
Director - Trade Sales
Standard Chartered Bank
New York, United States
Selby Jennings
Software Engineer - Java, Fixed Income
Selby Jennings
Miami, United States
Western Union
Senior Software Engineering Architect
Western Union
Denver, United States
Western Union
Senior Software Engineering Architect
Western Union
Austin, United States
Western Union
Senior Software Engineering Architect
Western Union
New York, United States