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Judith Cushman & Associates Retained Executive Search in Communications
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The Cushman Report To subscribe to the email version of The Cushman Report, please send a note to info@jc-a.com with "subscribe" in the Subject line. Click here to view past editions. The Cushman Report Breaking News, Trends and Information about the Communications Marketplace July 1999 Hello after being away too long! I have been busy with many new assignments, business travel and family health issues. Heres what you have been telling us. Create a table of contents so that it is easy to select what you want to read first. Make the newsletter shorter by breaking it up into pieces and sending it out more often. So, thats what Ill try. Salaries Up A New Wrinkle to Corporate Hiring An observation about the agency landscape. "Why are resumes so bad?" Are You Selling Yourself? Salaries Up With the economy strong and the proliferation of start-ups in technology centers such as Silicon Valley, the Research Triangle [Raleigh-Durham], Herndon/Reston (outside of DC), and Seattle, the demand for communications professionals with a business or consumer technology background continues at a fever pitch. Agencies are being decimated at the mid-levels as the work horses of the firm exit for the opportunity to strike it rich. I am beginning to see the glimmerings of selectivity as the first blush of ".com" ventures fade out. Candidates are realizing there are so many options that they are in a position to evaluate which appear to have the greatest chance at success. Several months ago all I had to do was mention an Internet start-up and my call would be returned. Now, potential job seekers are asking more questions before they jump for a pot of gold. Typical director-level salaries for companies hiring their first heads of communications have jumped about 20% over a year ago. To simply be in the game, the figure was $100K base with bonus and significant pre-IPO stock. That number is now $120K for the equivalent post with the same or better stock and cash incentives. A New Wrinkle to Corporate Hiring Another development on the corporate side is the maturing of communications staffs. For organizations with deeper teams and a history of supporting corporate communications, more thought is being given to structure and longer-term goals for the function. I see a role for the more experienced (25+years) manager who can lend stability and direction to a group where the average might be less than 10 years of work experience However, there is a caveat to hiring organizations. Not every mature communicator has the judgment and ability to add value. Ive also seen professionals who have been doing the same type and level of assignment for 10-years over and over again as they move from job to job. Their salaries hover in the $85-$100K range and they cant seem to make the jump to the next level of challenge. They are always on the lookout for the next opportunity, but never seem to be the finalist selected for plum assignments, although they are invited to interview for openings. Instinctively, hiring managers sense these individuals are not going to contribute as leaders or strategists. An observation about the agency landscape. While it is very early in the game, the dynamics of the agency business are changing. In the past year, the trend toward consolidation and acquisition has snowballed. Successful small to mid-sized technology firms have become targets as national and international consultancies (and their parents) realize the profit and growth potential of the segment. I sense we are seeing the decline of the era of the "wunderkind". I dont think well experience another moment, as we did in the 80ties, when there were so many stars all competing to build the next great agency: the vision of Andy Cunningham, the start of Copithorne & Bellows, the team of Blanc & Otus and the bright young women in the Pacific Northwest, Melissa Waggener and Pam Edstrom who signed up a client, a small company called Microsoft. The cost of entry and success is becoming too high for small shops to become significant players unless they have the deep pockets of a parent organization to back them up. Resources are being allocated to senior management buyouts leaving less for the "troops." Founders are cashing out and with that comes a change in their priorities. As a result their unique, entrepreneurial style, which characterized the firm and defined the culture, are fading. Becoming a small part of a larger structure imposes constraints and pressure to meet new objectives and to be less responsive to changing market conditions. While the typical answer to the question: "Will this new ownership change the company?" is, "No, we wont interfere," the reality is within two-years, the place is not the same. From a staffing perspective this adds yet another challenge to an incredibly competitive market situation. Agencies will be less distinctive, more institutional with even fewer tools to build loyalty and stability among their employees. "Why are resumes so bad?" I have asked myself that question hundreds of times. The unvarnished truth is that in the 25+ years that I have been reading resumes they range from downright embarrassing to adequate. A truism, if you have a professional, i.e. outplacement firm, help then instead of being better, it reads like a canned resume from an outplacement firm. Unfortunately, success in the communications field requires so many talents, that following one recipe doesnt work for all the flavors of experience. Another problem is taking advice literally and doing what those books say about resume writing, rather than interpreting what they mean. (Im giving authors the benefit of the doubt, here.) A few weeks ago I spent time coaching a top-flight marcom executive about her resume and suddenly came to a realization about why these documents are so tough to get rightthats when the "ah ha"the light bulb phenomenon happened. Is the resume really about you and your achievements? Wouldnt you expect the answer to be yes? Well my answer is not really. Its all about the hiring manager, the person who is buying not you but what you can do to solve his/her problem, fill a void, and fit the team. So, what do you need to say to grab his/her attention? Are you selling yourself? All the resume guides say "yes." This is where the literalists march off to follow orders. Thats where all those marketing types jump in and start with the formula question: Do you need a top executive who can save you money or can help you achieve a percent increase in market reach? Oh please, spare me from this banality. Are You Selling Yourself? So, lets go back to the question. Are you selling yourself? Are you broadcasting how talented you are by telling the world I am great, or strategic, or results-oriented? Guess what? Thats irrelevant and has a negative impact on your key customer, the hiring manager. By saying Im terrific, you are doing just the opposite. Dont sell yourself short by advertising who you are. It destroys your creditability. Instead, engage your reader and win by giving examples of how youve helped your former employers. Its a far more subtle approach, more low-key and consultative, which is what a resume is about. Its about starting a dialog with a potential buyer of an expensive solution you. Heres the key: the resume is not about "me." Its about what I can do for you. Skillfully written, what you want to do is wrapped around what you can do for the hiring organization. Solve their problem by doing what you enjoy most. A sure turnoff is telling the reader how you are responsible for measurable results when your role is part of a team effort. Again, its taking all that glib advice which says be as specific as possible to justify your worth to your organization. Following that recommendation literally results in contrived statements which immediately engenders a "so what" reaction. I do not recommend ever telling people that you are a results-oriented, strategic, high energy professional. Who isnt? Would anyone ever say Im tactical, slow and am job hunting because I couldnt keep up? Please eliminate all statements that tell the world you are terrific and that you are a team player. The only objective a resume should include is one that fits what the customer wants. If you dont know what that is, dont put one on the resume. Am I suggesting you misrepresent yourself? The answer is never. However, there are many ways you can express what you wantthe trick is to put it in terms that make sense to your audience. Then there is the noise factor. Resumes should never confuse or waste time. Summary statements with vague job goals "I want to work for a progressive, high growth company that values individual achievement," or "I have a progressive track record of on-going success" are dead spots on resumes. They dont tell me if you can solve my problem. Lets talk about hype. I think you can guess I think that there shouldnt be any, despite advice that says be sure to take credit for accomplishments. Conversely, I think being too self-effacing is a problem that Ive seen, especially among women. Well, here we are in that difficult gray area where the simple 10-step solution to creating a perfect resume doesnt provide a clue. Lets apply common sense to the issue. Using shopping on the Internet as the perfect analogy; heres what I suggest you consider. When you visit a web site with the intention of learning about a product, you are expecting to be presented with in-depth information. This will allow you to judge whether you should consider a purchase based on its features and/or the quality of the item, perhaps as endorsed by an objective reviewer (e.g. rated a "superior value by xyz magazine"). You would resent being hit with advertising or sales messages. A resume should take exactly the same informational tone, strive for similar ease of use, and avoid drawing conclusions for the customer. "Just the facts" is what your reader needs. So, what does that mean? Heres where what you want to say must be expressed so that your customer is happy. Does it mean you cant focus or position the resume? No, absolutely not. It does mean you present your story in a low-key factual style. For example, instead of saying you are a high achieving superstar, let the reader come to that conclusion by reading about your career progression. List the company, length of time with the organization and then in reverse chronological order, recite your job titles. Use the word "promoted" if it applies. If you were selected from a large pool of applicants, say so. If you were the youngest person ever in the job, say so. If a client or boss or editor said you were terrific, thats fair game to include. If what you did was a first, include that. If you laid out objectives for a project and met them, explain how. Another way to indicate you are succeeding is by describing the companies you represent, their business, size and complexity. Its one thing to be a Director for a $30 million company, quite different to hold that same title at a $2 billion corporation. (Always describe what the company does. Never assume the reader knows anything about your employer.) If you have direct contact with heads of organizations and are part of planning sessions, that indicates your opinion is valued without using those beaten-to-death phrases strategic contributor. Case studies are great. Tell stories about how you went about doing an event or, for example, developing the first Investor Relations campaign. Did you brief the chief executive? Write speeches? Create a crisis communications plan? Did you step forward to suggest the communications effort be expanded and win approval? How large are the budgets youve been responsible for? What is the largest group of people youve managed directly? These examples are some of the best ways for a potential employer to judge if youve functioned at a high enough level to tackle his/her assignment. Or, conversely if you are overqualified. Just because youve spent 50% of your time doing media relations (and youve decided you prefer editorial work), you do not have to focus your resume on media relations. If you prefer one direction to another, emphasize that aspect of your work. Positioning is legitimate and the resume can lead a potential employer down the path you want to go. My final points: keep the resume to two pages, offer an e-mail version, and post the resume on-line if confidentiality is not an issue. Dont expect that a potential employer will take the time to go there; assume you have less than 45-seconds to make an impression and dont do anything fancy (the KISS principle). Save that for the next round. Ill be happy to answer any questions. Compensation Surveys are posted on the web at http://www.jc-a.com/survey/index.htm. I am keeping an eye out for industry surveys from any source (including other search firms) and will post results (if I have permission) or note the information is available from that particular organization. In the next e-mail newsletter, we will examine the story of "Steve." He achieved a lifetime career goal in his early forties, the top communications job at a Fortune 500 company, and has embarked on a new chapter taking him farther than he imagined. |
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Judith Cushman & Associates 15600 NE 8th St., Suite B1, PMB 178, Bellevue, WA 98008 s (425) 392-8660 Fax (425) 746-8629jcushman@jc-a.com s www.jc-a.com The Judith Cushman & Associates web team would appreciate feedback concerning this site. Please e-mail your comments, questions and suggestions to heathers@jc-a.com. |
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Copyright © 2007 JJG&R Communications Services, Inc. |
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