Tag: SOCIAL MEDIA

What To Do If Your Company Gets Acquired

What To Do If Your Company Gets Acquired

corporate mergerThere’s nothing employees want to hear less than that their company is about to go through a merger or an acquisition. But in the tech sector especially, the shifting tides of the marketplace mean that these changes are a reality many people must face. While it’s tempting to bury your head in the sand until the rocky times are over, that’s simply not an option.

You want to swim — not sink — no matter what happens to your current job, and the key is to take action now and get prepared.

Let’s face the music: Mergers and acquisitions happen all the time. Perhaps your competitor wants to control the market share and snatches up your company without a second thought. Or maybe your company is already a market leader in a sector your competitor wants to break into. Whatever the situation, jobs are at risk during the transition, and that goes for the other company’s employees, too.

Finding out that change is afoot can come as a shock to employees and create an exceptionally stressful, tense environment. After all, mergers and acquisitions put your livelihood at risk. It’s no wonder that work atmospheres change instantly as soon as the news spreads.

The important thing to remember is that nothing’s set in stone until the leadership makes personnel decisions; it’s not a guaranteed death sentence to your job.

Don’t let your stress get the better of you, and seize this opportunity to build yourself a “lifeboat” to get you to your next job, if necessary.

While ideally, we’d all be perfectly prepared to get a great new job at the drop of a hat, that’s not the case for many people. Whether or not your business is going through a merger or acquisition right now, it’s smart to follow the steps below so you’ll never be caught off guard.

How to Survive a Merger or Acquisition

Get your finances in shape.
Planning a big purchase? Now’s the time to put that on hold. Eliminate any unnecessary spending and come up with a plan so you’ll be in good financial shape for the time it takes you to find a new job — just in case.

Refresh your resume.
It’s a great idea to always be updating your resume, but if you haven’t, start right now. You want to be ready to send it out to potential employers at the drop of a hat, especially if others in your same role will be on the job market at the same time as you.

Reach out to contacts.
Rekindle valuable relationships and reach out to new contacts that will strengthen your network. The sooner you do this, the better position you’ll be in if you need to let them know you’re looking for a new job.

Leverage HR.
Break out your hiring paperwork and see if you have any clauses written into it about whether your role can be laid off, severance pay, or non-compete agreements. Human resources mangers also often have a wealth of resources to help you find your next job, if necessary.

Keep your morale and work ethic high.
Show your superiors that you can take changes in stride by resisting the gossip and negativity that inevitably occur during mergers and acquisitions. You’ll make a great impression on those around you, which is a valuable edge to have during this transitional time.

 

About Stephen—-

Stephen Van Vreede is not your average IT/technical résumé writer. He provides career strategy and concierge job search solutions for senior (15+ years) (ITtechExec) and up-and-coming (NoddlePlace) (5-15 years) tech and technical operations leaders. Stephen and his team focus on building simplified, targeted, and certain career move campaigns, be it an external search or an internal promotion. He is co-author of UNcommon with career development leader Brian Tracy (June 2015). Contact Stephen directly at Stephen@ittechexec.com or send him an invite at https://www.linkedin.com/in/stephenvanvreede. To see whether Stephen and his team are a good fit for you, take their free (and anonymous) compatibility quiz, Is the ITtechExec Approach a Good Match for You?

Executive Job Search TweetChat

Executive Job Search TweetChat

toon890The Executive Job Search can be a challenge. Where does one even begin in today’s tough market?

Well, I will be serving as an Expert Panelist for a twitter chat on just this topic hosted by Executive Career Search leader BlueSteps. The chat will take place on Tuesday September 17th at 12:30pm Eastern. Simply sign in to Twitter or TweetChat and use the hashtag #ExecCareer to make comments and follow the discussion.

You can review the details and panelist information on the BlueSteps Blog. We hope to “see” you there!

IT Job Market: Into the Cloud We Go!

IT Job Market: Into the Cloud We Go!

toon451Our Tech Career Forum panel discussed the topic of cloud computing and how it is impacting and will impact the IT job market. We held a twitter chat on Wed 2/27 at 3pm ET (#TCFchat). By the way, love the comic here showing Moses as an early adopter of cloud technology =)

Our discussion highlighted the explosive growth predicted in the cloud computing space. We talked about the expected growth of certain types of roles in cloud administration, security, enterprise architecture, etc. We also opined on the cloud-related certification programs that are currently available.

Check out the Storify recap or go to the Tech Career Forum LinkedIn  Group Page to leave a discussion comment. Of course, you’re welcome to comment right here as well.

Cloud Impact on the Future of the IT Job Market

Cloud Impact on the Future of the IT Job Market

toon495The Cloud…that magical place where technology “just happens.” Well, that’s what most non-techies think of the cloud based on their impression from those Microsoft Windows 7 commercials a few years back…the one where, to solve a problem, they just “go to the cloud!”

We’re going to talk about the cloud..not the pretend magical one, but the real-life one…and how it is expected to impact the tech industry and job market as a whole over the several years. So please join us in our Tech Career Forum twitter chat on Wed 2/27 at 3pm ET (#TCFchat).

Here are the discussion points:

1) What is the projected growth of the IT Cloud market over the next few years?

2) What types of cloud-based jobs and related offshoots are expected to be in strong demand?

3) Where do cloud certifications fit in? What credentials are out there and how do employers feel about them?

4) What strategies can an IT professional keep in sight to stay “fresh” in this fast-changing area?

Job Impact of IT Outsourcing Recap

Job Impact of IT Outsourcing Recap

toon_119Outsourcing of business processes (BPO), including IT services and support, has been going on for many years. Our panel discussed the short-term and long-term impact to the US job market. Of course, this discussion extends beyond simply the number of jobs to the quality of the jobs and the ability to cultivate the tech talent here at home to satisfactorily fill those high-level IT positions. You can review the recap of our Tech Career Forum twitter chat that we held on Wed 2/13 at 3pm ET (#TCFchat) on Storify or at the Tech Career Forum LinkedIn Page. You’re welcome to post comments here as well.

Technology Offshore Outsourcing Impact on IT Jobs

Technology Offshore Outsourcing Impact on IT Jobs

technical career adviser on a roleViewed as a boon to the company bottom line, offshore outsourcing in the tech industry has been seen in a negative light by IT workers and many others. In our Tech Career Forum twitter chat on Wed 2/13 at 3pm ET (#TCFchat), we’ll chat about the state of IT outsourcing and the impact on jobs here in the US, so be sure to join us.

Here are the discussion points:

1) What is the current state of offshore outsourcing in the IT and technology fields?

2) Does outsourcing actually help or hurt the IT job market?

3) What types of positions does globalization of the IT job market put at risk?

4) What new opportunities does the IT outsourcing market create here in the US?

The Modern-Day CTO Recap

The Modern-Day CTO Recap

CTO resume adviceThe modern-day CTO role is somewhat different from 20 years ago. As more companies become tech-based organizations, the need to a CTO has expanded. Some companies now blur the lines between the CIO and CTO.  So our panel tweeted about these distinctions and about how a CTO candidate should position themselves in today’s job market.

To review a recap of the #TCFchat, you can go to the Storify page. Or you can view the recap directly on the Tech Career Forum LinkedIn discussion page.

Feel free to share your own thoughts and comments here or on the Tech Career Forum LinkedIn group, which you are welcome to join!

The CTO Role in 2013

The CTO Role in 2013

toon907The role of CTO has changed over the years. As a result, companies are looking for different skill sets today compared with 15 or 20 years ago when recruiting a new CTO.
Join us to discuss this topic in our next Tech Career Forum twitter chat on Wednesday 2/6 at 3pm Eastern by using the hashtag #TCFchat.

Here are the discussion points:

1) What is the role of the CTO today, and how is it different from 20 years ago?

2) What skill sets are companies and recruiters looking for in a CTO?

3) How much emphasis should a CTO candidate place on technology? On business leadership?

4) Are there any qualifications that can really help to differentiate a CTO candidate in today’s market?

Tech Recruiting Do’s and Don’ts for 2013

Tech Recruiting Do’s and Don’ts for 2013

hr17On Wednesday 1/30 at 3pm ET, we’re talked about working with a technical recruiter for this year. This included some things that really turn recruiters off when reviewing a resume and when conducting an interview. It also included things that get recruiters excited.

So you can check out the full Storify recap. You can also post comments here or directly on the Tech Career Forum LinkedIn page.