This document provides career advice and summaries job market trends. It discusses the current job market environment as volatile, uncertain, complex and ambiguous. However, with vision, understanding, clarity and agility this "new normal" can be navigated. Emerging industries include big data, STEM fields, social media and technology. Freelance work is increasing and recruiters now focus on long-term relationships and proactive sourcing. Personal branding, networking and continuing education are important for career reinvention and success.
4. BIG
NEWS!!
US economy added 214,000 jobs in October, 2014
Unemployment rate falls to 5.8%
Unemployed persons have declined by 1.2 million
Source from: http://www.bls.gov/news.release/empsit.nr0.htm
5. The
“New
Normal”
-‐
Job
Market
V
-‐
VolaKle
U
-‐
Uncertain
C
-‐
Complex
A
-‐
Ambiguous
Derived from military vocabulary in the 1990’s
7. AnBdote
to
“New
Normal”
V
-‐
Vision
U
-‐
Understanding
C
-‐
Clarity
A
-‐
Agility
A
new
way
of
thinking!
8. Overview
of
Industry
Trends
• Big
Data
• Dynamic
Pricing
• S.T.E.M.
• Social
Media
• Tech/Mobile
• Freelance
Work
9. Pa@erns
of
Behavior
• Candidates
&
Companies
behave
in
certain
manner
• Recognize
paXerns,
make
them
work
for
you
• Create
compeBBve
advantage
10. The
Three
Vs
of
Big
Data
• Volume
– Size/amount
generated
• Variety
– Range
of
formats
• Velocity
– Rate
at
which
data
is
produced
What’s the story
behind the numbers?
11. Dynamic
Pricing
• Market
trends
-‐
stay
relevant
• Companies
compete
on
fair
playing
field,
adjust
prices
-‐
online
and
in-‐store
– Uber,
Best
Buy
From:
hXp://www.zdnet.com/the-‐future-‐of-‐retail-‐is-‐dynamic-‐pricing-‐so-‐why-‐cant-‐we-‐get-‐it-‐
right-‐7000021444/
12. Science,
Technology,
Engineering,
MathemaBcs
(S.T.E.M.)
• Increased
investment
in
science
and
math
careers
=
more
middle
class
jobs
– 50%
of
STEM
jobs
are
available
to
people
without
a
four
year
degree
• Growth
rate
=
3x
faster
than
non-‐STEM
jobs
(17%
growth
in
2014)
From
hXp://www.usatoday.com/story/opinion/2014/01/10/
engineering-‐mathemaKcs-‐stem-‐gillibrand-‐kennedy-‐
column/4361837/
13. CommunicaBon
Leadership
What’s your expertise on the continuum of content creation?
• Blog posts
• Guest blog posts
• E-books
• Email newsletters
• PowerPoint presentations
• Podcasts
• Standard videos
• Micro-videos
• Social media posts
• Live presentations
• Webinars
• White papers
15. • Coming
– 3D
prinKng
Car
– Mobile
Payment
(Apple
Pay,
Google
Wallet)
– Personal
Cloud
– Mobile
Fitness
Device(
Samsung
Gear,
Google
Fit,
Lenovo
wristband
fitness
tracker)
• Going
– Plasma
TVs
(Panasonic
to
disconKnue)
– MP3
players
(driven
out
by
smartphones
and
tablets)
– Hard
disk
drives
Tech/Mobile
From
hXp://www.foxnews.com/tech/2014/01/11/2014-‐what-‐coming-‐and-‐what-‐going/
16. • TransportaKon
– ZipCars,
Divvy
Bikes
• “Smart”
Homes
– Google’s
buyout
of
Nest
Ever-‐changing
Technology
17. Talent
Wanted:
• InternaKonal
markeKng
and
communicaKons
• Foreign
language
skills
• Cross
funcKonal
team
=
Social
+
Digital
+
Tech
19. Freelance
Work
• Contract-‐to-‐hire
posiKons
-‐
wait
and
see
aktude
• Recent
college
grads
get
foot
in
door
• “By
2020,
>40%
(of
the
workforce)
will
be
freelancers
or
contractors”
(Crain’s,
2014)
20. GeneraBon
Z
-‐
Their
Impact
on
the
Job
Market
• Born
1990
-‐
2010
• Consume
media
online
more
than
offline
• Social
network
oriented
• Shin
in
the
way
products
will
be
marketed
• “AuthenKc
experience”
From
MarkeKng
News,
December
2013
21. Welcome
to
New
Era
@
Work
• MulK-‐generaKonal
(must
work
together
in
real
Kme
and
virtual)
• Technology
enhanced
• Reverse
mentoring
22. Do
you
talk
the
talk
and
walk
the
walk?
What’s
your
Bghtrope
in
life?
26. What’s
Happening
at
LH&A
• 29th
year
as
recruiter;
14th
as
LH&A
• Ranked
12/6000
by
Employment
Crossing
• VP
of
DePaul
University
–
MarkeKng
Advisory
Council
• Top
4%
content
on
Slideshare
27. Change
in
the
Role
of
the
Recruiter
• RelaKonship
management
–
Manage
long-‐term
relaKonships
• PROacKve
sourcing
• See
trends
ahead
of
curve
–
Sneak
previews
of
emerging
growth
• Seek
out
candidates
1
on
1
vs.
“post
and
pray”
28. Benefits
from
working
with
LH
&
A
WE:
➢ Know
industry
salary
ranges
and
total
packages
➢ Have
inside
knowledge
of
our
clients
➢ NegoKate
for
the
best
offer
➢ Have
29
years
of
experience
to
leverage
on
your
behalf
29. Current
Needs
-‐
LH&A
• Director
of
MarkeKng
-‐
Entrepreneurial
services
co.-‐
Chicago
• Global
Portolio
Manager
–
Product/
Brand
-‐
CharloXe,
NC
• Sr
Manager
of
Public
Affairs
–
Contractor-‐
PharmaceuKcal
-‐
Chicago
• Director
of
Digital
and
Print
–
Global
Non-‐
profit
–
Chicago
Area
• Digital
Designer
• Account
ExecuKve
• Media
Planner
B2B
Agency
–
Chicago
Area
30. Recently
Filled
-‐
LH&A
• Director
of
Biz
Dev
-‐
Entrepreneurial
services
co.-‐
Chicago
• Account
Manager
–
Sales-‐
Chicago
• Media
RelaKons
Manager
–
Non-‐profit
Charity-‐
Downtown
Chicago
31. Navigate
Your
Career
Framework
Know
Yourself
Excel
In
your
Role
Explore
OpBons
Develop
and
Progress
Aspire
To
OpportuniBes
My
Career
From
Cisco
Systems
Inc.
32. What
Candidates
Seek
in
Employers
• Stability
• Engagement
• Learn
• Tech
• Community
• Feel
appreciated
• Let
them
teach
• Opportunity
to
use
social
media
What
are
YOU
seeking
in
an
employer?