By Dr. Richard Bayer, Chief Operating Officer of The Five O’Clock Club and author of

 

The Good Person Guidebook: Transforming Your Personal Life

 

(Five O’Clock Books, 2008, ISBN: 978-0-944054-16-1, $14.95)

Consider relocating.  A critical mistake that job hunters often make is limiting their search to one specific area. The job market may be oversaturated in your current city, but there may be openings in your area of expertise elsewhere. Remain open to different locations and company structures. Widening your job search horizons may help you find a job more quickly than if you restrict your search to one particular area or company structure.

Expect to be searching for the long haul. These days it’s taking longer for the average professional or managerial worker to get a new job. While it’s possible that you may find something right away, it’s best that you develop a long-term financial backup plan. What kind of side work could you do to ensure you still have money flowing in? How could you reduce your expenses? A great way to resolve some of these issues and to get advice on how to handle being out of a job is to join a job-hunting group to get support, ideas, and contacts. Get to know as many people in your line of work as possible. Building these relationships will be helpful to you even after you’ve found a new job.

Keep your spirits up. An alarming number of job hunters are becoming discouraged and dropping out of the job market. Don’t let yourself be one of them. Be aware that what you are going through is not easy, and that many of the things you are experiencing are being experienced by just about everybody else. Jobs were lost every month in the year 2008, and our country is seeing its highest unemployment rate in four years.  Don’t let the loss of one job fool you into thinking you won’t be great at a job somewhere else. Nothing is forever. Just hang in there, get a fresh start, and remember that you will find something eventually.

Develop new skills.  If you suspect your old skills are out-of-date, use your out-of-work time to develop new ones. If you’re being told you aren’t being hired because you don’t have the right experience, get the experience. Depending on your area of expertise, there are lots of great ways to hone and expand your skills. Take a class. Do volunteer work to gain expertise that you can later market. Or join an association related to your new skill area. If you need to get a job to help increase your cash flow while you are unemployed, try to find something that will enhance your résumé even if it doesn’t necessarily fit in with the kind of work you would like to do long term. For example, one Five O’Clock Clubber got a twelve-week assignment with a Sears consignee during the Christmas rush. The pay wasn’t great, but the job title was Regional Manager, which looked great on his résumé.

Become a skilled job hunter. Being good at your job does not necessarily mean that you will be good at getting jobs. Good job hunters know what they want, what the market wants, and how to present themselves. Having a well-written résumé and cover letter are key to being competitive when job hunting. A poorly crafted résumé or cover letter can prevent you from ever getting your foot in the door at most businesses, particularly in an economy that is flooded with people looking for jobs. If you don’t think that your résumé and cover letter are up to par, find someone to help you write them or visit any of the myriad websites set up to help people out with résumé and cover letter writing.

If it’s been a while since you’ve been in the job market, it may be time to brush up on your online job hunting skills. Familiarize yourself with online services such as Monster.com, Craigslist, and LinkedIn. Check for job postings every day and Google yourself to see what (if any) information may be available for a potential employer to find out about you online. If you have a Facebook or MySpace page, make sure it doesn’t contain any information that is inappropriate. Remember that you are marketing yourself to your future employer and you want to do everything you can to put your best foot forward.

Go on an informational interview. We all know that in most businesses, it’s all about who you know. The same goes for job hunting. Make some calls to companies that interest you or are in your field (even if they aren’t currently hiring). Ask if you can come in for an informational interview with someone who is working in a position similar to the one you desire. Find out about their experiences, who they work with, and what their qualifications are. Getting to know people in your industry can open doors you didn’t even expect. Keep in touch with these people after the interview, and you will increase your chances of being at the forefront of their minds when a position becomes available. No matter what, it will arm you with more knowledge for your search and can help you to determine if the path you are on is the right one for you.

Target what you want. As Lily Tomlin said, “I always wanted to be somebody, but I should have been more specific.” How specific you are in your job search can be a deal breaker. When you are searching, be sure you select specific geographic areas, specific industries, and specific positions within those industries. For example, you may want to be a writer in publishing or corporate communications in Los Angeles or Chicago. So you start by compiling a list of companies where you could find a job in these fields in each of these cities. Research them to figure out which ones you think best fit with the kind of place you would like to work. And then find out who is in charge of hiring at these companies. Sending a résumé or cover letter to the wrong person or without mentioning a specific person can ruin your efforts. By targeting specific companies or cities and then gradually narrowing your search, you will be setting yourself up with the best opportunity to find a great new job where you will thrive.

Learn how to get interviews. There are a lot of techniques for generating interviews. Everyone knows the basics: answering ads, using search firms, contacting companies directly, and networking. But what you might not know is that only 10 percent of all jobs are filled through ads and search firms, so it is wise to learn the best methods for contacting companies directly and for networking successfully. A coach can help you develop an effective cover letter and Five O’Clock Club book Shortcut Your Job Search: The Best Ways to Get Meetings will tell you how to make those follow-up phone calls that result in meetings. It may seem like a lot more work than hitting that send button on the Internet, but it results in a much quicker search.

See people two levels higher than you are. When you have the list of companies that you would like to approach in your job search, contact people at your level who work there to find out how well your skills match up. If you discover that your skills do indeed match up, then contact people who are in a position to hire you or recommend that you be hired. If you can talk to as many people within a company as possible, it will help you raise your stock with the HR people there and will help you to be more relaxed when it comes time for an interview.

Follow up, follow up, follow up. After an interview—whether you think it went well or not and whether you think it will lead to a job or not—always follow up with a handwritten note that thanks them for the interview and includes all of your contact information. Stay in contact with the people you’ve interviewed with as much as possible. For example, you might forward a magazine article that you think would be of interest. Not only will you ensure that the person will be thinking about you post-interview, but it will provide you with an opportunity to show them that you are both interested and knowledgeable in your projected field.

If you are turned down for a position, use the opportunity to find out from your interviewer in which areas you should improve. Get as much detail as possible regarding what influenced their decision not to go with you. This information will be invaluable as you continue your search. Following up is a great way to turn a job interview into a job offer, and if you aren’t fortunate enough to do that, you can at least get some great feedback that will help you in your search.

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The Business Intelligence Market Outlook: Key drivers, market challenges and vendor strategies for future growth

IT majors need a new rallying cry to get big businesses and wider user communities excited about new types of IT systems, driving IT spend across the wider economy. There is a sense of agreement among the leading IT vendors that Business Intelligence (BI) is that rallying cry. Key IT vendors such as IBM, SAP, Oracle, Microsoft and SAS have made a series of acquisitions in the space, and the centrality of Business Intelligence in their overall marketing messages is testimony to the emergence of Business Intelligence as the ‘next big application of the future’.
This report closely examines the Business Intelligence supply side, looking at how BI vendors are performing in the context of helping organizations to understand their past state, comprehend their present state and predict what to expect in the future.
Beyond the BI supply side, this report assesses the state of the global BI market from the demand side perspective. Demand side analysis investigates the uptake of BI globally, investments on current BI use and planned future use, and usage of BI in key verticals such as banking and insurance, healthcare and pharmaceuticals, government, retail and telecom.

Key features of this report

• Definitions of key terms
• Provides Business Intelligence market sizing and forecast to 2013.
• Analysis of proprietary data related to Business Intelligence usage gathered from surveys of CIOs across a wide variety of vertical sectors and geographic regions, and of leading BI vendors.
• In-depth examination of key vendor offerings and strategies.
• Case studies of organizations that have adopted Business Intelligence.
• Analysis of key technological and market issues affecting Business Intelligence market growth.
Scope of this report
• Establish the size of the BI market and identify growth drivers and patterns.
• Understand the challenges that still stand in the way of BI market development.
• Identify the types of organization that are adopting BI by size and vertical industry.
• Identify the buy-side priorities in the context of BI usage.
• Gain insight into future BI usage by enterprise functions and components
• Gain insight into the offerings and strategies of key and emerging vendors in the BI space.
• Gain insight into the direction in which the BI market is heading and what it could offer in the future.

Key Market Issues

• BI is increasingly becoming a central theme in most major IT offerings. Key IT vendors such as IBM, SAP, Oracle, Microsoft and SAS have made a series of acquisitions in the space, and the centrality of Business Intelligence in their overall marketing messages is testimony to the emergence of Business Intelligence as the ‘next big application of the future’
• Growth of the BI market has been phenomenal. BI is probably one of the very few segments of the IT market which has seen double digit growth in this difficult economic climate.
• Mega-acquisitions have had a far-reaching effect on BI market development. The impact of IBM, SAP and Oracle’s entry into the BI market through their recent BI pure play acquisitions is propelling these IT majors to position themselves further away from being fixated with a particular type of data format, towards enhanced understanding and capabilities of managing diverse data types and formats.

Key findings from this report

• The global Business Intelligence market was worth around $8.4bn in 2008, and is forecasted to grow to $13bn by 2013.
• Market growth will be driven by factors including acquisition synergies resulting from data management providers acquiring pure play BI vendors, leading to new types of business analytics services and therefore new market opportunities. Other key drivers include increasing uptake of BI and business optimization, an overarching need for business transparency, better corporate governance and the need comply with stricter regulations.
• Of those organizations which do not currently use BI tools, the biggest barriers to uptake are cost and complexity.
• A lack of mining capabilities for unstructured data such as text, incompatibility of BI solutions with inter-vendor ERP/CRM systems, and lack of understanding of available BI services among the mid-market users are major stumbling blocks for wider adoption of BI.
• The vendor landscape is heavily dominated by the big five: IBM Cognos, SAP BusinessObjects, Oracle Hyperion, SAS and Microsoft.SAP. BusinessObjects and IBM Cognos lead the global BI market followed by SAS, Oracle Hyperion and Microsoft.

Key questions answered

• How big is the global BI market?
• What is driving BI market growth?
• What types of organizations use BI? In which enterprise functions? For what purposes?
• What are the main priorities for organizations, and how does that relate to their usage of BI?
• Who are the leading players in the BI vendor space? What are their growth strategies?
• What does the future hold for BI?
• How can BI deliver real value to the end user?

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Are you in the job market right now? Is it taking longer than you want? Do you find yourself getting frustrated, depressed, anxious, and fearful that you’ll never find a good job, or maybe even a little bit angry at the circumstances in which you find yourself? If so, you aren’t alone. But, knowing that you aren’t “alone” in your frustration, while somewhat comforting for many, isn’t very helpful in landing a new job that will pay the mortgage.

Unfortunately, once you’ve reached this stage of your search, all of the frustration, fears, and doubts become self-perpetuating as your negative thoughts manifest even more of the same, and the success (or non-success) of your job search lives up to exactly what your expectations are for it. Before you know it, your unsuccessful job search has begun to impact your self-esteem, your energy for finding the perfect new job wanes, and your job search stalls out.

How do you jumpstart a job search that has stagnated in this way? How do you prevent the problem in the first place?

It all begins with a purposeful change of your mindset, an acknowledgement that you absolutely know the perfect job for you is out there waiting for you, and a decision that you will do whatever it takes to find and land that job.

“Easier said than done” is what you are probably thinking right now. But, the truth is, it doesn’t have to be difficult. Here are a few tips to restart positive forward momentum in a languishing job search.

Check and adjust your attitude about job searching. Don’t underestimate the importance of a positive attitude in your search and don’t forget that you always have a choice in how you perceive and think about the circumstances of your life. When you find yourself thinking negatively about your job search, you can consciously choose to change those thoughts to more positive ones. You might, for example, choose to adopt a “failure is not an option” attitude and to approach finding a job as if it were a job itself. Yes, job searching is a process and often takes time, but a “can-do” attitude that radiates self-confidence is an attitude that people will respond to in a positive way. A positive attitude will make it more likely that you’ll receive the support and help of others, it will help you get noticed by employers, and it will almost always win you the job offer over another candidate with a less-than positive attitude.

Stop with the excuses! You know the ones: “My job search will take a really long time.” “Finding a new job will be really hard.” “I don’t deserve the job I truly want.” “I don’t have enough help and support.” “I’m not smart enough or qualified enough.” Do you find that the constant chatter running through your head tears you down or builds you up? Does this pessimism help you or hurt you? How would your job search change if you adopted a more optimistic mindset? Yes, a job search will sometimes take time and persistence, but is that a good excuse not to take the first step (and the second and third)? Of course it isn’t. Maybe you don’t have every single “desired” qualification for a position, but you know you have another transferable skill, the ability to quickly develop the qualification, and a real ability to contribute to the company. Again, you truly do have a choice. All it takes is a decision to stop the negative self-talk. When you catch yourself making your job search harder with these excuses, stop yourself and turn the excuses into a positive affirmation.

Think from the end and imagine yourself arriving at your end goal, not striving for it. When you land the perfect position, what will it be like? What type and size of company is it in? What is the company culture like? What are your responsibilities and what opportunities do you have to make a contribution to your employer? How much are you paid for your contributions? What are the employer-sponsored benefits like? How does it feel to be in this position that is so fulfilling and rewarding to you? Daydreaming about the perfect position and imagining that you have already landed it and are working in it isn’t a pointless exercise. Your mind is a creator and by adopting this mindset in which you think from the end, as if your goal is already your reality, you open yourself up to the possibilities and the synchronicities that will support you in arriving at that end goal.

Will your job search end when you land the perfect job tomorrow? Maybe…maybe not. But, a simple and conscious shift in the mindset that you choose to adopt can make all the difference. You truly do have a choice. A negative attitude and mindset will make your job searcher harder and longer. A positive attitude and mindset will make your job search easier and more successful. Which will you choose?

What are the best ways for you to get your accounting career started? When I started my career, I know I was a little intimidated by the process. However, once you know what you are doing and how to go about lining everything up, you can actually you’re your accounting career up and running in no time.

Accountants may be licensed by a variety of organizations and are recognized by titles such as Charter Certified Accountant, Charted Accountant (term used in British Common wealth countries and Ireland for a person who work in all fields of business and finance), Certified Public Accountant (term used for qualified accountants in the United States who have passed the Uniform Certified Public Accountant Examination and met other state education and experience), Certified Management Accountant (This is offered in Australia, Canada and United States), Certified General Accountant (designation representing members of the Certified General Accountants Association of Canada), Certified Practicing Accountant (one of three professional accounting bodies in Australia). Many countries recognize two or more accounting bodies.

An accounting career is a very rewarding field. The industry is very technical in nature, which means that to have accounting as career; you need to fulfill stringent qualifications. Education and experience are very important if you want to earn a decent salary in this field. Both the private and the public sector provide good opportunities for starting an accounting career.

These are the people who coordinate and supervise the activities of other people. These activities include typing, verifying, posting and calculating duties. This kind of job mainly deals with the correct record of financial data. These data are then used for maintenance in statistical and accounting records.

An accountant having less than two years experience gets around $36,263. If you have two to four years experience then you can get up to $43,506. For an experience of four to six years, you can get as much as $52,019. For up to eight years of experience, you can cash in a $63,540. Understandably, auditors get more money.

Accounting and payroll administrators have especially good job outlooks at the moment. This is one of the most important professions, as it is currently playing an extremely important role in ensuring that every business runs efficiently. Financial analysts also have key responsibilities and excellent job outlooks, with responsibilities revolving around studying and assessing current trends in business practices and industry competition. Accounting assistants have excellent futures as well, as finance departments in small and large organizations need support in all areas of finance for their senior accountants.

Accounting careers require some kind of college. There are a few jobs that only require a 2-year degree, while others like auditing or public accounting require a bachelor’s degree and certification.

The task of a forensic accountant covers these three major areas – “Investigation, Dispute Resolution and Litigation Support.” Investigation refers to the act of finding clues and evidence to justify whether the criminal matters had actually occurred or otherwise. Next, Dispute Resolution, what it meant is the recommendations of workable solutions to minimize any potential risk and its corresponding loss should the same criminal matters happen again. Lastly, here comes Litigation Support – the presenting of factual evidence to the existing litigation to support the legal disputes which are brought to the court attention.

A certified public accountant is generally responsible for the tax returns of individuals as well as companies. CPAs also give financial advice to people when it comes to saving money on their taxes. This is where books on accounting careers can be especially helpful as there is a lot to know in this specific field. You will have to take some very specific classes to become a certified public accountant, but once you take those classes, you may just well find yourself in a satisfying and successful career.

The industries that employ accountants and professionals include the United States government, accounting firms, tax preparation services, bookkeepers, payroll service providers, local governments and state governments. The highest median earnings are in the Federal Executive Branch of the government and the United States Postal Service, where salaries of approximately $60,000 are the norm. Jobs in accounting, tax preparation, bookkeeping and payroll services, and management of companies and enterprises have median wages in the mid-$50,000s. Local and state government accounting positions have the lowest median salaries, which are still at below $50,000 (in the mid-$40,000s for state government jobs).