What do you want to do next?

Recently I was in the midst of a redeployment effort as the project I was working on was put on hold.  My manager and other leaders would ask me, “what do you want to do next?”  I had some vague concepts of the things I wanted to do, but it was very difficult to articulate them.  In the back of my mind I kept saying: “I just want to still be employed.”  That was not an issue, thankfully, but it seemed everyone was allowing me to think of what I wanted to do, and I had no thoughts.

I met with my mentor and with other managers to learn how they though about transitions, and I was able to learn some very interesting bits.  I don’t think that any of this is revolutionary, but it created an easy way for me to answer the question: “What do you want to do next?”

Big Dreams

The first thing that I learned was to set my mind free and say: What are my big dreams?  This includes retirement and spending long days in the beach with my family.  This is everything, all your dreams onto a piece of paper.  Then do a second paper, more structure and this will be just your professional Big Dreams. (I’ve included a simplified version of mine)

Your Big Career Dreams
Your Big Career Dreams

As you see I’ve put age just to have some context and some titles, but mainly it will give you some context.  It provides just jumping points, but if someone asked me what do you want to do next I would just be able to answer: “Eventually I want to be a Director, maybe internationally, in either Marketing or Strategy or some combination of all of that.”  It does not answer what I want to do next, but it does give you a good next milestone.

What should I do next in 5 steps

Step 1 – What kind of work do you want to do?

There are infinite permutation of work that you could do and you would enjoy doing.  Think broadly, things like “exciting work” or “working close to customers” or “working close to the product” or “thinking about long term strategy” or all of the above.  This could change on your next leap, but shouldn’t vary too much.

I want my work to be exciting, important to the company, and strategic and forward looking.

Step 2 – What is your history?

Think about the past 3 or 4 roles you’ve done and list them out.  For me they would be: I was a developer, then a general manager, then in market research, then a program manager.  This gives you context; do I want to do more of software development with a twist or a project manager over something bigger? Or I want to use my MBA degree into something more like marketing.  Start thinking about skills that you have acquired and what you want to develop

Step 3 – What skills do you want to develop in the next 5 years?

Remember my statement: “Eventually I want to be a Director, maybe internationally, in either Marketing or Strategy or some combination of all of that.” To get that I need to develop a few skills.  I know that where I work to be promoted to director I have to be 6 Sigma Green belt certified; I need that skill.  After talking to a few people that are in those roles, I saw that I need to learn more about the products and customers.  Think about the skills that you will need for that next milestone

Step 4 – Convert that milestone into possibilities

Look for positions that would be possibilities for the milestone.  I looked in my organization and there were a few positions that I would say, yes that is what I want to do.  One of them was Director of Competitor Intelligence, another was Director of Market Strategy and Planning, and another Director of Market Segment in Mexico.  These were places that would fit my milestone, I want to get there, so finally, which role/s would take me there.

Step 5 – List the roles that will take you to your next milestone

It has become evident that I might have to be in 2 more roles before I get to be a Director, but that is fine, as long as I can identify a few roles that:

  1. Take advantage of my past skills
  2. Give or strength my desired skills
  3. Are congruent with my overall type of work I want to do

That is the last step, find 2 or 3 roles that would lead you to that milestone.  I talked to the directors that hold the positions I want and learned about their path.  Some took a longer path because they had to gain more experience or education.  Others had similar roles than those I want to pursue, so I could relate easily.  We discussed the skills and which roles provided particular skills that I have to master.

Putting it all together

Slide2A mentor shared a similar slide that puts all those steps into one visual image.  As you see each part has a number, but you can fill it out in any way you want, as you are putting things together.  You will probably have to do a few passes before you can say that you are satisfied.  In the end I had  3 jobs I thought would be good next steps and looked for open positions.  One spot I interviewed and discussed the skills I wanted to gain and those that I was bringing; the manager agreed that I would make a good fit.

I don’t think I will update my slide until next year, when I will start again thinking about next steps.  In the meantime, I have a lot of material to read to catch up to the rest of the team.

Here is a template that you can use:  Template

Say YES to the Offer

YesToMBA-Final

So you have yourself an offer, maybe even a few, so which is YOUR offer.  TLC has a show called “Say Yes to the Dress,” and if you have a woman in your life you  have seen it.  So in the show they tell the bride that all their dreams will begin to come true as soon as they find THE Dress.  To find the dress they have to try a few on and then they’ll KNOW if is THE dress.  The show also goes into a few basics and that is what I want to address today.

Know Your Budget

This includes 2 things, first how much money you need, second how much you can get.  If you are 35, married and with 3 kids your needs are different than if you are single in your 20’s.  So how much can you get, well weigh in your experience in the field and the resources you have available.  Know that there will be positions that will have higher salaries by their own nature and there isn’t anything to negotiate.  Know if you have limitations, you can’t expect to get paid a premium if you decided that you don’t want to relocate and want less travel.  So understand all the other things that have led to the number on that paper.

Look for what you like, you can do alterations on the small things

When you first see the offer you will probably look for 3 things:

  1. Salary
  2. Signing Bonus
  3. Variable Compensation

We all want to see that 6 figure number in the salary and a good compensation and a double digit percentage on the Variable Comp.  The thing is, those 3 things are the things that you can do alterations on; the other things on that paper might have more weight and less leeway.  Here are some:

  1. Title, were you expecting Manager and got Analyst? or Assistant?
  2. Salary Grade, does your salary grade represent the seniority that you expect? How soon can you change?
  3. Location, YES it matters? Is the cost of living comparable to the salary? Will you be happy there? Does it fit with family? lifestyle? social?
  4. Manager, Do you know the manager? Will he/she help you or sink you?
  5. Relocation, Does the relocation outweigh the location? Will it be adequate to move the family
  6. The OTHER benefits:
    1. Health Insurance: For some this might mean everything
    2. Pension, Savings, Retirement Plans: Are you getting free money? Are you interested?
    3. Perks: Parking, a Car, tuition, Options, Stock, etc

So see the total package, compare on all levels other offers.  What can be changed, what cannot.  Total dollar value might be very similar, but what are the things that are most important to you? On the things that matter most, which one do you like best?  If you find something you don’t like, put on your negotiation hat and see if you can fix it.

Picture yourself in it

So you can’t put on the offer, but picture yourself with that offer.  Can you see yourself driving in Austin or Minneapolis. Do you want to see the seasons or just hot and humid? Make a budget with the salary and see if you could live with that money.

Get an opinion, but you make the decision

You like to get an opinion, do it. Go talk to someone, maybe a mentor or you dad.  Some like to talk to a professor or career counseling to find out if the job is right.  What ever you do, don’t let them make the decision for you. The decision is yours, and yours alone.  I know, you have a spouse and I would involve them in everything and the decision is together, but I’m not talking about how to run your marriage.  What I want to make clear is that your friend will not have to live with your decision, and most opinions will be based on the numbers on the paper and not with your feelings about the location, your manager and your 45minute commute.  So be a big boy/girl and decide for yourself.

Finally, YOU have to LOVE it

Again as the wedding dress you have to fall in love with the offer.  You need to feel like that offer was meant for you.  Will the offer be perfect, probably not, but it needs to be perfect for YOU NOW.  Now you can send your acceptance letter and start focusing on your job.