Tag: Executive


How to Properly Resign as an Executive

After deciding to forge a new career path, resigning from the current position is naturally one of the next steps. As an executive, the utmost importance falls on how their departure transpires and how it affects the company in the long haul.

Appropriate transparency and confidence will define how any executive leaves their current role. Naturally, as a leader departs, followers begin to raise suspicion. Being confident in the transition without making vague excuses will alleviate that worrisome feeling that may arise in employees. The reasoning behind such change should be professional and future-centric rather than focused on the specific instances that led to the transition.

An in-person announcement to the organization is the best way to break news for any leave. Falling in line with transparency, this method allows current employees the chance to ask questions, witness organizational support and positivity and, most importantly, observe the raw emotion that is paired with any goodbye. No matter the circumstances, good or bad, executives will be able to better gauge the reaction of their team and quash any potential rumors or “this is what I heard” scenarios.

Leaving the company in good standing should be at the forefront of any executive’s mind after deciding to depart from their current role. While two weeks’ notice may be the norm, more time may be needed to ensure adequate measures and plans are in place to set the company up for future success. Whether it be two weeks or two months, a proper go-ahead plan should be established and communicated to support the company that such executive was once a part of.

The Advantages of Job Shadowing

Having the opportunity to shadow senior leadership when beginning a career or transitioning to a new position provides countless benefits, specifically, the resources and skillsets that are available in a shortened timeframe. But, why choose shadowing versus another on-boarding system when welcoming a new employee?

Shadowing is most important when the position is best learned through seeing or doing. The new hire is able to take in a plethora of information that, if trained through a different method, might be overlooked or not mentioned. It provides a “hands-on” approach to a position that may require a “hands-on” mindset.

The ability to learn firsthand from leaders who have forged their own path to success is second to none. The time spent with senior employees opens to the door to understand the ins and outs of the company culture, fine-tune and continue to develop professionally, and gain expert insights into the business. Shadowing also expedites the on-boarding process as new hires begin to acquaint themselves with the business sooner.

Job shadowing provides a behind-the-curtain look at the expectations of job duties, key deliverables needed, and the interactions between coworkers and peers and coworkers and senior management. This provides an excellent chance for senior management to recognize if processes, job descriptions or culture needs to be restructured or reevaluated.

Considerations for the Future

Making a career change can be difficult for anyone. However, the dependence of a transition for an executive weighs on the prospective employer and their future with the company.

Personal growth remains to be the most significant factor an executive considers when considering a career change. With an emphasis placed on continual learning, most executives search for opportunities that allow them to expand their skill set rather than chasing a title advancement.

And like any other searching candidate, executives also rely on the opportunities that the potential company offers. When given a chance to stretch their skills and abilities to new levels, allowing for them to see a significant change, executives are far more willing to shift to that new role than stay complacent in what they know.

Environmental factors come into account during the decision process, too. Is a shift in career going to make a positive impact on work-based culture? Will a transition allow for greater responsibility and oversight of a larger team? How will this position fall into the entirety of the organizational success? These questions all play a factor in an executive deciding whether to make a move or not. This element is mostly dependent on the overall goals of the executive candidate and the current state of their ongoing position.

While direct compensation does not play a significant role in an executive move, the financial stability of the organization does. If the prospective company shows greater return and less risk in company sales, work hours, employee turnover, mergers and acquisitions and competitive advantage compared to their current position, a top-level executive will realize those benefits and make the move into a new career.

 

 

Transitioning to the C-Suite

The ascension to the C-Suite is often paired with redesigned goals and ideas to ensure success in the new role. Fostering a successful transition can bring challenges as aligning others around those specific objectives is not always an easy feat.

To combat these common struggles, it is best to establish a shared vision on company priorities. Aligning the organization to understand and believe in the strategic design of the organization is a critical component to build success when executives are promoted or have accepted  a senior role. By creating an environment where employees buy-in to the vision of the company, executives will work to establish an immediate and long-term impact in the foundation of the organization.

Accepting that the answers are not always clear, and can be a significant learning curve during any transition. Making quick and calculated moves to establish a trustworthy team allows for any executive to begin to influence others with designed support.

Taking all of this into account, nothing can be done without the thought and preparation of self-readiness. By designating the appropriate amount of time to a purposeful tenure, ascending into the C-Suite will be complimented with proven results.

Enhancing Your LinkedIn Profile

LinkedIn remains to be one of the largest professional networking sites today – giving insight into the company and employee dynamic. When searching for a new career, keeping up with your personal LinkedIn profile and building your brand is an important aspect to any job search.

Your LinkedIn profile gives a quick snapshot of your experience and should be carefully constructed to provide recruiters with the most accurate depiction of who you are as an executive.

While an easy field to complete, adding a degree or certification level to the name portion of your profile increases the chances of coming up in recruiting search results. Following your name is the headline – a highly undervalued profile segment that should answer who you are, what you do and how you can help (Forbes, 2017). Consider this to be the most important aspect of your profile as it is, besides your name, the first and possibly, the last thing a recruiter sees.

Your summary should go one step further to engage with recruiters. This portion of your profile is suggested to include a summarization of measurable goals and attention grabbing achievements. It should answer who you are and what you do on a deeper and more intimate level. This field, while engaging, should be concise and effective. Ensure that if anyone stops looking at your profile at this moment, they have a good understanding of your current passions and future goals.

Your experience should be organized in a way that highlights how you handle problem-solution situations. Having quantifiable details that address what the problem was, the steps that were taken and the results achieved will quickly showcase your experiential skill set. As always, it is important to use key words and integrate the skills that were gained in each situation. Your professional experience is a way for recruiters to see if your achievements fit well based on what the company is looking for in a candidate.

By enhancing and articulating these sections of your LinkedIn profile not only will you grab the attention of recruiters and like-minded colleagues but it allows you to continue the professional demeanor that has been established throughout your professional career.

Passion for Intellect

With the rise of integrative technology, a push for interactive learning and an awareness of social trends, it is more important than ever to begin to implement and weave in constant learning into the workplace. Whether it be through colleague interaction and project collaboration or quarterly seminars, the ability for a company to transition itself and foster a culture built on learning is the ultimate tool for success and progression.

Begin with communication. Establish ways to openly converse. It is through communication that trust and understanding will be built amongst employees and senior-level executives, paving the way for an environment built on mentorship and learned success.

As communication between colleagues strengthens, begin to introduce a culture that is defined on improving the industry and company practice. Learn through others and the trends of today. Establish the groundwork based on humility and a willingness to grow within the workplace. It is through these principles that companies will flourish with the changing times. As trends come and go, the foundation of the business will remain the same and the inherent desire to learn and communicate with colleagues is present.

As young adults soon enter the workplace, it is imperative for companies to stand out based on the foundation that has been established. Integrate a continued desired to learn within the workplace by designing academic initiatives for employees. Each business contains different aptitudes and initiatives based upon certain job criteria, setting the foundation for a prosperous future.

Make a Difference

Working hard is only part of the equation. Time, dedication, loyalty, trust and various other qualities complete the workplace culture and overall job satisfaction. First, ask yourself a few questions: How can you step outside of the status quo? How can you make a difference in your company?

Begin with observation. Be open and receptive to changes and other viewpoints which will encourage the same from your employees. Learn and observe how the people you manage complete various tasks. If the there is an easier more efficient way, teach them. Once the culture of the company is established as a growing team rather than individual entities, the company will begin to benefit.

Be the energy you want to see. Encourage others and enlighten them through your positivity. As you walk into the office, smile and engage with your employees in an upbeat, personable way. Acknowledge a job well done and spark creativity. Others will begin to imitate the positive example you set making for an enjoyable workplace setting.

It is important to reach outside of your company walls as a team. Volunteer and be a member of your community. By doing so, it will help build your business relations and increase motivation and dedication to the firm. Helping others creates a sense of purpose, and if your company offers that sense of purpose, employees will be happier with the work they do in the office.

Accepting Feedback in an Executive Role

As senior executives move up the ranks, their skills and talents become solidified, making them more efficient in their job and less prone to receiving feedback.

While top executives may welcome criticism, most may not want to accept constructive feedback based upon their position or the level within the organization.

It is important to instill a constructive and creative way for top executives to receive feedback due to the success factors that can be reached within all levels of the organization managing at a high level.

Executives must be open to building relationships with subordinates and cultivating a culture built on strong, open communication. By doing so, employees at all levels will begin to integrate, openness into their work tasks with peers leading to ultimate success for projects and outward facing materials. Not only will employee trust be strengthened, but the entire culture of the organization will also thrive as both management and subordinates can actively engage in constructive communication and improvements.

Think of the organization as a blank slate. If the company was rebuilt today, what features of the current company would be brought into the new business? What features would be left behind? What employees would be brought in? What employees would not pass the interview process? By having top-level management take the time to examine these questions and intuitively look at the success and failures of the company, recommendations and a new path for implementation will become more evident. By creating an environment of feedback and coaching, it will provide a fresh outlook on the company processes while still allowing the executive accept feedback in an alternative way.

The Key to Great Leadership

Becoming a great leader comes with hard work and various levels of dedication. While it may not be an easy path, the end of the road to success will be met with the both personal and organizational achievements.

Lead by example. Let others know how you want office practices to be run by being the first to fall in line. Set the tone and allow others to follow. This will allow for employees to begin to trust you as a leader and believe that you mean what you say. Not only will this help improve the general workings of the business, it will also improve the workplace culture.

Effectively communicate. Don’t speak to be heard, but rather, speak to be understood. Take time out of your day and listen to your most valuable asset,  your employees. The openness and willing to hear what they have to say will help facilitate an open dialogue. Ensure you properly communicate so that company downfalls and achievements are easily heard, understood and acted on. It is important to shorten non-imperative messages so when a time-consuming message arises, employees take the importance seriously.

Learn from the past leaders. Think about how successful the company is currently and what can be changed to grow with greater success. Incorporate the achievements of leaders into the current culture. Inspire those around you by implementing proven practices and discovering new ways to help the organization grow so you can leave a legacy behind.

Continually learning and enhancing your knowledge will provide you with new ideas that can complement your vision and ideas to your organization. Whether it be from an employee, colleague or superior, there is always a lesson to be learned that can be taken with you throughout your life. Open your mind to new avenues of success and possibilities. Great leaders never stop learning and create success stories.

Executing Success

Every industry has found success in one way or another through individual processes and protocols. But how does one go about bringing in an entirely new executive with a different mindset, ideas, and work value construct while still maintaining a strong atmosphere?

Most importantly, get a head start and begin creating a list of expectations of the work that needs to be done. Prepare for a winning mindset by having a plan in place that will properly onboard any new executive or employee. Take advantage of the first 100 days of the job by relying on an action plan that integrates the mission and vision for the company.

Communicate with the new hire. While there may be a lot of information to give and for the executive to retain, stress the importance and the goal of the successful atmosphere that has been built. If you are unable to communicate the desires for the position, when something does occur, a rushed reaction may result, leading to chaos. Plan out what needs to be completed and effectively communicate the goals.

Build a team centered on success. Identify key members that will be an asset to the role and allow them to grow, learn and evolve with the new executive hire. A team built on trust and compatibility has all of the makings to continue a successful pattern of business. The most effective practices come from a collaborative team environment to ensure the companies strategic and operational initiatives are met with a successful team!