EditorialsBy Matt Bud, Chairman, The FENG

Your inner circle of friends

From our daily member newsletter on May 31, 2017

The FENG is a circle of friends, not a job listing service. The question I would have for each of you is, have you recently worked to expand your inner circle of friends within The FENG? Regardless of when you joined our august body, and even if you went through our membership directory at that time, an incredible number of new potential friends have joined since that time. Access to our full membership directory is out there on our website for your information and use. I am often asked why the membership directories you can generate using our Member Directory Search feature are only available as Word files and not Excel files or in database form. The answer is simple. [ Read more… ]

Man is a political animal

From our daily member newsletter on May 30, 2017

One of the common complaints I hear from people about their current or prior jobs is how political the situation is or was. To me, this is like complaining about the weather. There is always going to be weather. It is my belief that you can’t really appreciate a sunny day unless you have experienced a rainy one. And so it is with politics. Some of it can get pretty unpleasant, but by and large if you engage the broader implications of it all, you can learn to enjoy it. And, I am not talking learning how to play people off against one another. What I am suggesting is that you can learn to understand the process and the good, [ Read more… ]

Take some time off

From our daily member newsletter on May 25, 2017

For those who are active in their job searches, taking time off can be very difficult. Well, this weekend you really have no choice. No one will likely be around in the afternoon tomorrow and they certainly won’t be around on Monday since it is a holiday. That said holiday weekends are great times for networking with family and friends. Ah, Memorial Day, that great kick off to summer. The key to a successful weekend, other than stocking up on food and beverages of your choosing, is to paint a smile on your face and have a good story to tell. Those who know and care about you are sensitive to your feelings and will likely observe a “don’t ask” [ Read more… ]

Corporations are reptilian

From our daily member newsletter on May 24, 2017

I hope no one will be offended by the thought that corporations are reptilian. All I mean to imply by this statement is that although corporations appear to have human elements, they actually have no feelings. We have all met and in fact we may individually have been dedicated employees, but in many respects, to have feelings about a corporation is similar to having feelings about a car, boat or a house. In and of themselves, they are not caring creatures. The “warm fuzzies” we may associate with inanimate objects is derived from their interaction and our interaction with actual people. Good times with friends, family or business associates in a particular setting are always in a human context. What [ Read more… ]

Changing industries

From our daily member newsletter on May 23, 2017

More often than not, members of our networking group prefer to change industries when they change jobs. I have to agree that changing industries isn’t such a bad idea. In fact, the opportunity to apply the knowledge and skills we have learned to a totally new situation is an attractive concept. The truth unfortunately is often a little harsher. Our maximum value to any new employer is our knowledge and skills, and often times our perceived value is higher if we aren’t making any significant change. As counter intuitive as it may sound, the best approach to changing industries is talking to folks from your industry, especially those who are no longer there. The question to be answered is how [ Read more… ]

It must make sense (to them)

From our daily member newsletter on May 22, 2017

When I was in my mid-30’s, I had the great honor of being treasurer of my congregation, a job I held for 4 full years. It is probably true that I lean towards all consuming jobs. Or, perhaps I just try to do a good job even when I am not getting paid. Nonetheless, I discovered a lot about human nature performing this often times thankless task. The congregation had a very long list of “members” who were behind in their payments. So, I set about to call all of them. Sure, I tried writing to them, but I found that the only way I got any kind of response was by picking up the phone. Most folks were very [ Read more… ]

Do you know who I am?

From our daily member newsletter on May 21, 2017

There is an extended joke I heard a while back about a man who experienced a flight cancellation. As a matter of fact, he was not alone. The line was long and as the minutes turned to an hour, he was getting angrier and angrier. When he finally got to the head of the line he demanded to be rebooked immediately. When he met with resistance to this idea, he screamed at the ticket agent: “Do you know who I am?” Without missing a beat, the ticket agent grabbed her microphone and announced to the assembled crowd: “I have a man at the head of the line who doesn’t know who he is. If you recognize him, please come forward.” [ Read more… ]

Help, I’m trapped in a nut shell!

From our daily member newsletter on May 18, 2017

There is no greater challenge in this world than summing yourself up in 90 seconds or writing a proper summary for your resume. As many of you know, I was CFO of an advertising agency in the 1980’s. Initially, I used to wonder why the creative folks got paid so well. As I got more and more into who we were and what we did, it became a little more obvious how difficult it was to create the essence of a product or service in a 30 second commercial or in a print ad. Here you are a product and/or service with 20+ years of work experience. There are so many delightful aspects to who you are and what you [ Read more… ]

Everything is a story about you

From our daily member newsletter on May 17, 2017

I always find it interesting what people say about themselves. Those who deal in hiring decisions have so many hidden tools in their arsenal. I suppose the obvious manifestations of who you are come across in the body of your resume and, of course, in your 90-second announcement. What those who know how to read between the lines do next is to listen and/or read every single other word or words you say about yourself to determine who you are and how you might fit into their organization. There is a section at the bottom of many resumes that I will focus on tonight where folks really “go to heck” with themselves because they are not thinking about the context [ Read more… ]

Say what?

From our daily member newsletter on May 16, 2017

I used to be very good at multi-tasking. Now that I have gotten older, I am not as good at it. I have a lot to do every day, so when someone writes or calls I find it very helpful if they take a moment at the beginning of their communication to give me some hint how I might be most helpful to them. If I have some sense of where we are going, I am more likely to know what to listen for. I suppose it is a simple communication strategy, but it is one that is often forgotten in the normal course of human events. You see it all around you. Take resumes for example. In a normal [ Read more… ]

Asking for and accepting help

From our daily member newsletter on May 15, 2017

In our male dominated society called The FENG, one of the biggest challenges I face on a daily basis is getting members to ask for and accept help. I am sure we all know that traditionally guys don’t ask for directions at the gas station. It is much better to drive around and around totally lost. (Thank goodness for GPS, we don’t have that issue to face anymore. Although, since most GPS units have a female voice, we seem to be more comfortable taking directions from women these days, but I digress.) We have a lot of very fine traditions in The FENG. While all of us would prefer to be on the giving end of favors (kind of a [ Read more… ]

No one is out of work forever

From our daily member newsletter on May 14, 2017

One of the pearls of wisdom I heard from a friend of mine in 1991 was that no one is out of work forever, it just seems that way. When you are employed in a W-2 job, weekends and evenings are hopefully your time to relax. Snow days, holidays are also to be anticipated and enjoyed. After all, the money is still coming in whether you are at the office or not. The worst case scenario is that your work is piling up. Once you are out of work, your whole perspective changes. The early morning hours when you are awake and can’t make any phone calls, and the evenings when you would like to catch up with someone are [ Read more… ]

Can you spel?

From our daily member newsletter on May 11, 2017

Some of the notes that I get from our many learned members fill me with dismay. I often wonder, do they send notes with spelling and grammatical errors just to me, or do they provide this special service to everyone in the world? I do get a chuckle over some of them, but by and large I get concerned that the bad habits inherent in not checking their work creep over into all of the correspondence that they turn out. Some of it might even be for jobs they would give their right arms to have. It is all very easy to think that when you are writing to friends you don’t “need to be on your game.” I respectfully [ Read more… ]

Outgoing signatures (yes, again)

From our daily member newsletter on May 10, 2017

Of course it would be an understatement to tell you that I believe in the value of a FULL outgoing signature. In much the same way that I am a Fanantic FENG’er, I am also a fanatic when it comes to the substance and format of outgoing signatures. (Persnickety is another word.) I try not to beat the drum about what is or is not a FULL outgoing signature more than once or twice a week in our evening newsletter, but that’s just an honorable mention. Tonight, the ENTIRE editorial is on this important topic. Part of my “evil” plan to have all members of The FENG use an outgoing signature is that I check ALL of them against our [ Read more… ]

An over reliance on job leads

From our daily member newsletter on May 9, 2017

Part of the lecture I deliver to new members who call me is that The FENG is a networking group, not a job listing service. I then add that they shouldn’t allow the fact that we are publishing about hundreds of pages of job leads each month confuse them about our true purpose. In the beginning (when God created heaven and earth), it was my closely held belief that the existence of our job sharing would ensure that most of the good news announcements would indicate that the lucky person got the job from a posting in our evening newsletter. Alas, it has not been so. Sure, over the years I have seen some improvement in this statistic. And, I [ Read more… ]

Are you good for nothing?

From our daily member newsletter on May 8, 2017

One of the many things I am always surprised about is the degree to which most members of The FENG generalize their very specific talents. I assume that this approach is their attempt to broaden their background and make it appear more appealing to a larger audience. While it is always required to explain your work experiences in layman’s terms, it is not really desirable to cause them to lose their importance. As I have been heard to say: “If you are all things to all people, you are nothing to anyone.” The reason we get paid the “big bucks” as senior financial executives is for being extremely knowledgeable about accounting and finance. Those who seek out our services do [ Read more… ]

Selling from your own wagon

From our daily member newsletter on May 7, 2017

Although we are frequently willing to accept lower salaries and/or lesser responsibilities, the greater challenge is convincing the world at large of our willingness and overcoming their resistance. What we see as age discrimination, they see as just plain common sense in screening candidates. You may be willing, but they see their clients as being unwilling to consider over paid and over qualified candidates. The trick is to convince them that it is common sense. However, one way that doesn’t work is the frontal assault. The frontal assault is telling them that they are engaging in age discrimination. In dealing with the search community or human resources executives I have never been really successful in overcoming their inherent prejudices. I [ Read more… ]

Asking for specifics

From our daily member newsletter on May 4, 2017

One of the worst things that anyone networking can do is to ask if you know of any jobs for them. I can assure you that the most likely answer will be something to the effect that two weeks ago they came across something that was right for you, but they can’t remember who it was they heard it from. The analogy I would draw for you comes from my experience at a small staffing company back in the early 90’s before the Internet. (Yes, there was a time before instant communication!) This little company was ahead of their time I suppose. They placed senior executives of all types in temporary and permanent jobs. Their key leg up, or so [ Read more… ]

Are you over qualified?

From our daily member newsletter on May 3, 2017

I’m sure tonight’s topic will generate a lot of comments. Those of you who would like to join in on this discussion are invited to send your comments to Leads@TheFENG.org. The short answer to the question of the moment is: I hope so! If you weren’t, I’m not really sure how you were added to our membership. Our entire organization is filled with well qualified individuals who can do just about any job they would like to take. That said the primary focus of tonight’s editorial is for our members who are much older. Let’s say 55-60 plus. When you are interviewed for a possible work opportunity, please understand that the comments made by the interviewer are often a sincere [ Read more… ]

A cut in pay

From our daily member newsletter on May 2, 2017

Probably one of the most upsetting and disappointing aspects of searching for a new job when you are “well experienced” is the need to consider positions for which the compensation is considerably less than your last job. I suppose it is part of our mind set as accountants that we tend to view our gradual increases in pay over the years as hard won. I guess that’s because they probably were. The prospect of losing ground from the heights we have obtained is, at best, difficult to face. I can tell you from my personal experience that early on in my search in 1991 I passed on several reasonable opportunities because they were slightly below my former salary. If only [ Read more… ]

The power of networking

From our daily member newsletter on May 1, 2017

For those of you who have been spending any significant time surfing the job boards may I suggest you stop and turn that energy to networking? I had the great pleasure of speaking with an old friend of mine some time ago (yes, most of my friends are old, but this one is actually just a little younger than I am). Anyway, this friend has been a retained recruiter for most of his career. He has been through the good times and the bad times. One of the topics we covered today was how senior level executives tend to get their jobs. The astounding number he quoted me from a study he was sent was that only 2% of senior [ Read more… ]

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