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Careers Executive Compensation

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    In job searches, you see a lack of offense when people focus foremost on what’s available – what industries are hiring, what jobs are suitable to their skills.

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    More spending, whether it comes from individuals, businesses or the government, helps create jobs and get us out of this recession. It doesn't really matter what that spending is on as long as money circulates.

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    Is your company suffering from Detroititis? It pertains to companies who fail to visualize that today’s customers demand appeal and finesse in products and not just low cost and usage.

  • We are seeing an absolute lack of leadership from our current CEO ranks. I’d give our “C” level executives a “D-” for how they are responding to the current crisis.

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    Most people will agree that conducting a job search, especially in this economy, is a necessary evil. I agree that it’s necessary, but I disagree that it’s evil.

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    You know what's worse than finding out that Citigroup is buying a $50 million top-of-the-line corporate jet? Finding out that Citi actually owns a whole subsidiary called CitiFlight that manages its fleet of corporate jets.

  • Barack Obama

    President Obama has wasted no time since taking the oath less than one week ago. The President has gathered congressional leaders to lobby for an aggressive economic stimulus package and he’s selling an ambitious agenda of economic overhaul straight to the American people.

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    The number of American workers filing new unemployment claims last week soared to almost 600,000. A record number of well-educated college grads will join the millions now looking for work in just a few months - And to turn this squeeze play into a trifecta, consider the tens of thousands of retired Americans who may decide to become UN-retired in 2009.

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    If you’re thinking of strategies to jumpstart your career or job search, remember George. Do the opposite. Mix it up. Make it different.

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    Your “pitch” aka your “elevator pitch” aka your “30 second intro” is one of the most important things you’ll need for your job search. If done well, it can literally open doors for you and individuals will want to continue that conversation that can lead to that terrific job. Stumble on your pitch, and doors can literally slam shut!

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    When it comes to research, nothing could be more UN-cool or “yesterday” than the local public library. I know people who haven’t been to a library in decades – literally. Well, reports of the death of the library have been greatly exaggerated.

  • It happens everyday. You’re in the middle of a sentence – you could be giving a presentation, leaving a voice mail, talking to yourself – and you lose your train of thought. What should you do?

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    Turnover at the top, presents an unique opportunity and set of challenges for a new leader to deal with, and managing the transition is the first step to ensuring success in any executive role. Fortunately, there's one fairly high-profile transition going on right under our noses, with the new guy and his team set to finally take the reins on Tuesday.

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    At least six CEOs of publicly traded companies have been fired since the start of the New Year and we're only halfway through January. Experts say CEO firings double during bad times. And talk about bad times.

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    A journal or Excel spreadsheet can track your daily activities, sources of job leads and subsequent results. Be honest about how much targeted networking you are doing versus responding to blind ads.

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    In all likelihood, if you’re an exec and actively employed, you have been and will be intimately involved in decisions about who should stay and who should go, how many, and when. Since most of our 21st century businesses rely heavily on Human Capital, these decisions will inevitably affect your company’s performance and more personally: your career.

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    If you are unemployed, it’s now a perfect time to begin a new career search. The first quarter of the year always yielded the most number of hires, followed by the second quarter of the year. So even though we are in a tough economy, this is the greatest number of green lights we’re going to get for a while, so let’s get going!

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    In November 2008, New York State Comptroller Thomas DiNapoli said that the financial crisis could lead to the loss of about 225,000 private sector positions in New York State over the next two years. The good news: many federal agencies are hiring.

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    An interesting article featured a study finding 90% of people would rather die than make big health changes. The article postulated that it is easier to make radical changes rather than small incremental changes. I don’t have a scientific study of my own to confirm or dispute this, but the statistic and the advice give much food for thought.

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    In the aftermath of a season of over-indulgence, many of us will continue to feel the effects for quite some time. Be it in the pocketbook or on the treadmill, there's always a price to pay for our actions.