The Financial Crisis - Stanton Chase International
The Financial Crisis - Stanton Chase International
The Financial Crisis - Stanton Chase International
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FEBRUARY 2009 T h e O n l i n e E x e c u t i v e N e w s f o r C o r p o r a t e L e a d e r s<br />
“<br />
p12<br />
Ask a headhunter:<br />
CAREER CRUNCH?<br />
How you create your own Plan B:<br />
1. Review your own requirements for a<br />
job and establish your wish list - the<br />
sector and type of company you want<br />
to work for, key responsibilities, salary,<br />
location etc.<br />
2. Research the market using adverts, online<br />
resources, head-hunters to establish<br />
which areas are in growth, what employers<br />
are looking for and what will give<br />
you a competitive advantage.<br />
3. If there are any gaps between what you<br />
have and what the “market wants” -<br />
make sure you plug them! Identify any<br />
specific experience such as training that<br />
will help you and take steps to achieve<br />
these now.<br />
We worked with <strong>Stanton</strong> on the recruitment of a HR manager.<br />
We had been struggling for a couple of months to find any suitable<br />
candidate when we approached <strong>Stanton</strong>. By then, it was imperative<br />
to have this recruitment done within 6 weeks. After an<br />
initial meeting with the consultants, we agreed on the brief and<br />
timeline and the search started. <strong>Stanton</strong> came back to us with a<br />
shortlist of candidates within the timeframe agreed upon. <strong>The</strong><br />
candidates all had the right experience and the HR manager was<br />
recruited within the shortlist. We very much appreciated <strong>Stanton</strong>’s<br />
effectiveness and professionalism and wouldn’t hesitate to<br />
work with them again on a new assignment.<br />
By Didier Brun<br />
hief Executive Officer of Khaleej Times<br />
”<br />
4. Consider all of your options. Ask others<br />
for advice and suggestions as they often<br />
come up with good ideas that you may<br />
not have thought of yourself.<br />
5. Determine what your “offer” is. Make this<br />
relevant to the market e.g. managing adverse<br />
economic conditions.<br />
6. Update your CV focusing on how you<br />
can add value to organisations and substantiating<br />
it by showing your track<br />
record of achievements.<br />
7. Network. Ensure that business contacts,<br />
related suppliers, customers, etc. are<br />
aware of your “offer”. Keep the conversational<br />
door open should either of you<br />
want a more focused discussion at a<br />
later stage.<br />
Executive<br />
Newswire<br />
8. Check your finances to ensure you know<br />
how long you could survive without an<br />
income – remember senior positions<br />
can take at least 6 months to fill. Also<br />
check the exit terms on your contract,<br />
including any restrictive clauses as forewarned<br />
is forearmed.<br />
9. Increase your visibility in your industry.<br />
Write articles, go to conferences, sit on<br />
joint working groups etc.<br />
10. Continue performing well in your current<br />
role and make sure that you communicate<br />
any successes internally as<br />
well as externally.<br />
<strong>The</strong> key factors for success in managing your career, even during an economic crisis, are being clear about what you want next, your ability to<br />
articulate verbally and in writing how you can add value and knowing how you can use other people for contacts, suggestions and information.<br />
Client testimonials<br />
“<br />
I just completed a customer satisfaction survey, sent to me over the<br />
corporate web of <strong>Stanton</strong> <strong>Chase</strong>, in relation to the recent assignment<br />
of our Company to you. Apart from the feedback provided on<br />
this survey, I would like to express to you personally my sincere thanks<br />
for the effort you put in completing our assignment in record time,<br />
considering the difficulty of our project along with the quality<br />
of candidates finally selected for employment with us.<br />
I would also like to to note that your personal dedication to the project<br />
and commitment to its execution was above par with respect to our<br />
past experiences with similar companies in the Middle East Market.<br />
Once again, thank you very much for a job very well done!<br />
Stavros Vougas<br />
Managing Director INTRACOM Middle East<br />
”