Your Resume_ the All Time Classic Do's and Dont's

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  • 1/29/2015 YourResume:TheAllTimeClassicDo'sAndDont's

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    TobiasReadCEOofSwiftWorldwideResources

    What$48oilmeansfortheOil&Gasindustrysstaffandemployers

    Jan22,2015 19,596 320 75

    Onlysixmonthsago,engineerswereasvaluableastheoiltheyfound.

    Towardstheendoflastyear,mostpunditswereforecastingpredictable$100oileventhemorepessimisticvoiceswereonlyanticipatingalowpointof$80.TheindustrysemploymentmarketremainedbuoyantandthesalariesandcontractpayratesofOil&Gasworkerscontinuedtorise.Havingspentyearsfightingto

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    buildtheirtalentpoolandgainacompetitiveedge,industryemployersdonotwanttogiveupsuchavaluableasset.Layoffsseemlikealogicalresponsetoamarketdownturn.Staffcosts,bothdirectandcontingent,areamajorcostburdenthesubstantialfocustheyrereceivingisunderstandableasprofitsaresqueezed.

    Foremployees,ratereductionsarealwaysdifficulttoswallow.Thenaturalinclinationtojumpshipandlooktosustainincomewithachangeofemployerisequallyunderstandable.

    Butwhetheryoureanemployeroremployee,thereareafewthingsyoushouldconsiderbeforeyoumakeplansoverthenextsixmonths:

    Oursituationishighlyunpredictable.

    Themarkethaschanged.Todaythepriceofoilstandsat$48,anditsverydifficulttoanticipatewhattomorrowwillbring.Eventherootcauseoflowoilpricesisunclear.

    Therearetoomanymovingpiecesintheindustryforpoliticianstoseektocontrolthismarketindefinitely.SaudiArabia,whoseactionsarealwaysdifficulttoanticipatehasraisedproductionandhelpedcausethepricedrop.Theyarenowsufferingasbadlyasanybodyandlastweektheyannouncedpublicspendingcutsof18%.GiventheSaudiscouldsinglehandedlyreverseproduction,andlikelybebetteroffasaresult,thecauseofallthismaywellbegeopoliticalandtheridemaybeharderandlongerthanweexpect.

    Whenchangecomes,itmaycomeveryquickly.

    Theworldconsumes90millionbarrelsofoilperdayandproductionisat91million.Withsubstantialproductionprofitableatover$60,particularlyinthenewlydevelopedUSunconventionalonshorefields,weonlyneedamarginalcorrectioninthesupplysideoftheequationandpriceswillriseagain.Wejustcantbesurewhengivenmanyrecentinvestmentsarestillcomingonstream.

    Themarketisworried.

    Thereareextremepossibilities.Threemonthsago,smartmanagerswere

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    developingcontingencyplanstoaccommodatethedropto$80.Theseplanshavenowbeentornupandrewrittenmanytimes.GoldmanSachsonlylastweekprojectedafloorat$39.Bycomparison,theinflationadjustedlowof1999(just16yearsago)was$28,andtheinflationadjustedpricebetween1945and1973remainedataround$20.Giventhestructureofthemarkettoday,thesepricesseemfantasyhowever,businessleadersarenowlookingatcoveringallbases.

    Upstream&Downstreammarketsareaffecteddifferently

    Onshoreunconventionalinvestmentisfalling,andtheUSislosingsome60rigsperweek.Inthemidtermthiswillleadtoasofteningofdemandforpeople,andemploymentopportunitieswillfallunlessthereisarapidcorrectionto$60andmarketgainsconfidencethatthepricewillreturnto$80andbeyond.Bycontrast,thedownstreamandmidstreammarketsarenotaffected.Ifanythingtheyarecountercyclicalandcouldbenefit.However,thedecisionmakingprocessistoolongandtheskillsetsarenotsufficientlycompatibletoaccommodateanysubstantialdownswingintheupstreammarket.

    CEOsmustfindwaystoreducecostwithoutundoingyearsofhardworkbuildingsustainableworkforces,orgettingcaughtshortshouldthemarketreturn.Itwouldbefoolhardytocutheadcounttooquicklywithapotentialreboundaroundthecorner.

    Smartemployersarealsolookingtorapidlyconsolidatetheirsupplierbasetoremoveexpensive,noncompliantsuppliersandtoachievesubstantialcostreductions.Thereisfattobetrimmedintheirstaffingsupplychainandemployersshouldlookattheseoptionsbeforelookingtodownsizevaluablestaff.

    Theworkforcewillhavetoacceptthatmarketrateswilldropthisyear.Whilethisisnotanexcitingprospect,weallunderstandthatthereareupsanddowns.Reductionsincontractratesandhiringfreezesoninternalstaffwouldhavebeenunthinkableonlysixmonthsago.Todaytheyareverymuchareality.

    Rateswillinevitablyundergosomedownwardadjustmentatcertainpoints.Mycurrentrecommendationtoemployees,eithercontractordirect,istosittight.Bettertohaveajobthantowalkoutsidewithoutthecomfortofajacketattheverymomentastormhits.

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    _____________________

    TobiasReadistheCEOofSwiftWorldwideResources,aworldleaderinOil&Gasstaffingwiththousandsofemployeesacrosstheglobalindustry.

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    MartinLoveProcessConsultantCostreductionandproductionoptimisationtakealmostasmanybifnotmoreengineersasweconcentrateonrevampovergreenfield.Howeverifwedon'tcontinuallyreplacereservesandkeeptheproductionpipelinefullwewillsoonbeat$200+oilanddrivenbackintorecessionbyprices

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    PaulPetroneCommunicationsDirectoratVoiceGlance

    WhyAllowingTelecommutingIs(AndIsnt)AGoodIdea

    Jan28,2015 416,203 878 481

    InFebruaryof2013,YahooCEOMarissaMayermadeheadlinesacrosstheworldmostofthemnegativeaftershedecreedthatemployeesatthefledglingtechcompanycouldnolongerworkfromhome.

    Studiesshowpeoplewhoworkfromhomearemoreefficient,havelessconflictwithcolleagues,arehappierandtheysavethecompanymoneyonoverheadcosts.SowasMayersmoveanepicfail?

    Notnecessarily.Therearealotofcompellingreasonstoletemployeesworkfromhomeanditshoulddefinitelybeofferedtoallemployees,atleastonapartialbasis.

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    Butthereisarealnegative,aswell:workingfromhomecanstiflethesynergythatcomesfromhavingabunchofsmartpeopleinthesameplacetogether,whichinturncanhurtinnovation.Andthatisreasonenoughtonotallowemployeestoworkfromhome,atleastallthetime.

    TheProsofTelecommuting

    Fromabusinessperspective,therearealotofprosinallowingyourworkerstotelecommute.Firstandforemost,aflexibleworkplaceisagreatwaytobothattractandretaintoptalent.

    ArecentsurveybytheSocietyforHumanResourceManagement(SHRM)discoveredthatfouroutoffiveemployeescraveflexibility,whichincludestheabilitytoworkfromhome.Othersurveyshavefoundthatpeoplewillworkforlessorarelesswillingtoleaveforajobthatoffersmoreiftheyareabletoworkfromhome.

    Workingfromhomecanalsomakeemployeesmoreefficient,particularlyiftheyareinmoreprocessdrivenjobslikecallcenterrepsorevenaccounting.Onecompany,Ctrip,alloweditscallcenteremployeestoworkfromhomeaveryprocessdrivenjobandfoundtheworkerswereactuallymoreproductiveandwerehappier.

    Theproductivityincrease,wethink,wasduetohavingaquieterenvironment,whichmakesiteasiertoprocesscalls,NicholasBloom,aStamfordeconomicsprofessorwhooversawtheCtripexperiment,toldtheHarvardBusinessReview.Officesareactuallyincrediblydistractingplaces.

    Someotherbenefitsofallowingyourworkerstoworkfromhome:lesscommuting,whichmeanslesspollutionloweroverheadcostsandstudiesshowlessconflictbetweenemployees.Seemslikeanobrainerthan,right?

    Well,toquoteLeeCorso,notsofast.

    TheConsofAllowingTelecommuting

    SowhydidMayerbantelecommuting?Hereisherreason,inamemosentouttoallYahooemployeesexplainingthedecision:

  • 1/29/2015 YourResume:TheAllTimeClassicDo'sAndDont's

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    Tobecometheabsolutebestplacetowork,communicationandcollaborationwillbeimportant,soweneedtobeworkingsidebyside.Thatiswhyitiscriticalthatweareallpresentinouroffices.Someofthebestdecisionsandinsightscomefromhallwayandcafeteriadiscussions,meetingnewpeople,andimpromptuteammeetings.Speedandqualityareoftensacrificedwhenweworkfromhome.WeneedtobeoneYahoo!,andthatstartswithphysicallybeingtogether.

    Thatargumentholdswater.Yes,studieshavefoundthatemployees,particularlyemployeesinprocessdrivenjobs,aremoreefficientwhenworkingfromhome.Butemployeesaregenerallymoreinnovativewhentheyworktogether.

    Andinnovationiswherethebigmoneyis.ThinkoftheROIofbeingabletoprocesspayrollfasterversuscreatingtheiPhone,asanexample

    Forevidence,looknofurtherthanthreeoftheworldsmostinnovativeandvaluablecompanies,Google,AppleandFacebook,whoallencouragetheiremployeestoworkintheoffice,asopposedtoathome.Thereason,accordingtoGoogleCFOPatrickPichette:

    Thesurprisingquestionwegetis:howmanypeopletelecommuteatGoogle?Andouransweris:AsfewaspossibleThereissomethingmagicalaboutsharingmeals.Thereissomethingmagicalaboutspendingthetimetogether,aboutnoodlingonideas,aboutaskingatthe[office]Whatdoyouthinkofthis?Theseare[the]magicalmomentsthatwethinkatGoogleareimmenselyimportantinthedevelopmentofyourcompany,ofyourownpersonaldevelopmentand[of]buildingmuchstrongercommunities.

    SoWhatShouldYouDo?

    Soshouldyouletyouremployeesworkfromhomeornot?Well,withprocessdrivenjobswithclearmeasurablessuchascallcenteremployeestheanswerisprobablyyes,asitleadstohappier,moreefficientworkersandloweroverhead.

    Buthowaboutforeveryoneelse?Howaboutforyourstandardjob,sayinmarketing,salesorengineering?

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    Theanswerisalittleofboth.Allowingemployeestoworkfromhomecanmakethemmoreefficientandallowsyoutoattracttoptalent.Thatsaid,itisalsocriticaltogetallthattalenttogetherinthesameplace,toallowforthattalenttosynergizeandperfectgreatideas.

    Afterall,theROIongainingefficienciesisdwarfedbytheROIonmoreinnovation.Butitshardtogetthegreattalentneededtobrainstormthosegreatideaswithoutofferingaflexibleworkingenvironment.

    Theidealsolution?Threedaysintheoffice,twodaysathome.Obviously,thatcanvarygreatlydependingonthejobandtheemployee,butitsagoodruleofthumbtoliveby.

    AboutVoiceGlance

    VoiceGlanceisacloudbasedhiringtoolusedbyforwardthinkingcompaniestohiresmarter,insteadofharder.Learnmorehere.

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    PaulPetrone124posts

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    BernardMarrBestSellingAuthor,KeynoteSpeakerand

    LeadingBusinessDataExpert

    YourResume:TheAllTimeClassicDo'sAndDont's

    JulieDuchinDirectorofNationalSales,MidAtlantic&Southeast,DistinctiveDestinations.EndlessPossibilitiesIhavebeenworkingfromahomeofficeformorethan8years,andfindthatIworkharder,longerandammorefocused..

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  • 1/29/2015 YourResume:TheAllTimeClassicDo'sAndDont's

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    Jan28,2015 148,664 714 222

    IrecentlycompiledalistoftheclassicdosanddontsforinterviewingandthoughtImightdothesameforpreparingyourCVorresume.

    Therecanbeconflictingadvicewhenitcomestopreparingyourresumesomepeoplesuggestgettingcreativewithpaper,fontsandformattingtostandout(myexperiencetellsmerecruitersdontlikethatmuch),whileothersstressmakingsureyourresumehaskeywordsthataremachinescannable(notasimportantashumanreadability).

    SoherearetheclassicrulesforpreparingyourresumeorCV.

    Do:

    Reviewprofessionallywrittenresumesamplestofamiliarizeyourselfwithwhatastrongresumelookslikeandcontains.

    Makesureyourresumeisaseasytoreadaspossible,usingbullets,afontsizethatscomfortabletoread,andsoon.

    Customizeyourresumebasedonthepositionforwhichyouareapplying.

    Includeacareerobjectivethatisfocusedonwhatyoucandofortheemployernotwhatyouhopetogainfromtheposition.

    Listyourpastpositionsinreversechronologicalorder.

    Includeforeachjob:title/position,nameofemployer,city/stateofemployer,datesofemployment.

    Includemeasurableresultsyouachievedateachjobpositionratherthanlistingjobduties.

    Leadwithactionwordsinsteadofpassivewords.Avoidthewordwork.

    Includepublications,patents,presentations,honors,relevantvolunteerexperiences,andprofessionallicensesorcertifications,especiallyiftheypertaintotheposition.

    Emphasizetransferableskills,especiallywhenchangingindustries.

    Providerelevantcontactinformationincludingonephonenumber,emailaddress,website,andcityandstate.

    Proofreadmeticulously.

    Considerincludingasummaryofqualificationsorprofileatthetopof

    WhyAllowingTelecommutingIs(AndIsnt)AGoodIdeaPaulPetrone

    YourResume:TheAllTimeClassicDo'sAndDont'sBernardMarr

    MarissaMayers2YearsatYahooandHowConfidentiCEOSearchesAreDoneJamesCitrin

    It'sanInterview,NotanInterrogation!LizRyan

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  • 1/29/2015 YourResume:TheAllTimeClassicDo'sAndDont's

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    yourresumetoprovideaclearfocus.

    Bealittlecreativewithyourresumeformattohelpyoustandout,especiallyifapplyingforacreativefield(blueinkoncreampaper,forexample).

    Testhowyourresumewilllookwhenemailedorsubmittedonline,aswellasprinted.

    Dont:

    PutthewordRESUMEorCVatthetop.

    Copyanypartofaresumesamplepostedonlinewordforword.

    Worrytoomuchabouttheoldonepageresumerule,especiallyifyouhavealotofexperienceorareusingmoreofaCVformat.Butmakesurethatthefirstpagecanstandaloneifthepagesgetseparated.

    Lie.

    Providepersonaldatalikemaritalstatus,dateofbirth,height,weight,etc.

    Repeatthesameactionwordoverandoveragain.Finddifferentwaystosaythesamething.

    Listyourjobduties.(focusonaccomplishments.)

    Gointodetailonhowyouachievedresultsateachjob.Savethatfortheinterview.

    Usealotofacronymsorjargon,especiallyifyourechangingfields.

    Dontabbreviatewordsthatarentnormallyabbreviated,eventosavespace.

    Emphasizeexperiencemorethan15yearsold.

    Bothertolisthighschoolorsecondaryschoolifyouhavecollegeoruniversityexperience.

    Listafunnyorcrudeemailaddressgetanewoneforbusinessuseifnecessary.

    Listreferencesonyourresumehavethemonaseparatedocument,andonlyprovidethemwhenrequested.

    Includehobbiesorskillsthathavenothingtodowiththeposition.

    Sacrificeclarityorreadabilityforcreativitywhenitcomestoformat.

    Printoncoloredpaper.

    Usegraphics.

    LizRyan

    Here'sWhyIWon'tHireAnyoneUntilITakeThemtLunchFirstShannon(Stubo)Brayton

    Yahoo'sMayerYieldstoActivistInvestors:YourTopWednesdayHeadlinesIsabelleRoughol

    IsAppleTimCook'sCompanyYet?JohnCAbell

    7WaysHighlySuccessfulPeopleAchieveMore(andYouCanToo)JeffHaden

    HowChipotlePushedOutMcDonald'sCEO:YourHeadlinesforThursdayIsabelleRoughol

    SeeingthroughFuturisticBulls**tRobertScoble

    DidYahoo'sCEOMarissaMayerJustCatchQuarteritiDisease?AndyPopov

    PersonalBranding101SallieKrawcheck

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    Ihopethesetipsareuseful?Whattipswouldyouincludeonthislist?Idlovetohearyouradditionsinthecommentsbelow.

    Ireallyappreciatethatyouarereadingmypost.Here,atLinkedIn,Iregularlywriteaboutmanagementandtechnologyissuesandtrends.Ifyouwouldliketoreadmyregularpoststhenpleaseclick'Follow'(atthetopofthepage)andfeelfreetoalsoconnectviaTwitter,FacebookandTheAdvancedPerformanceInstitute.

    HerearesomeotherrecentpostsIhavewritten:

    CareerChoicesYouWillRegretIn20Years

    JobInterview:TheAllTimeClassicDo'sandDon'ts

    JobInterview:WhyOnly3QuestionsReallyMatter

    TheToughestInterviewQuestionOfAll...AndHowToAnswerIt

    JobInterviewQuestionsYouShouldNotAnswer(OrAsk)

    5SadTruthsAboutSuccessAndHappiness

    The15BiggestBodyLanguageMistakesToWatchOutFor

    JobInterview:The5QuestionsYOUMustAsk

    The25KPIsEveryManagerNeedstoKnow

    BernardMarrisabestsellingbusinessauthorandisgloballyrecognizedasanexpertinstrategy,performancemanagement,analytics,KPIsandbigdata.Hislatestbookis'BigDataUsingSmartBigData,AnalyticsandMetricsToMakeBetterDecisionsandImprovePerformance'.

    Photo:Shutterstock.com

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    JohnCabreraITQualityAssuranceAnalystPleasedon'tuseAOLasanemailaddress.

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    JamesCitrinLeader,CEOPracticeatSpencerStuartand

    Author,TheCareerPlaybook

    MarissaMayers2YearsatYahooandHowConfidentialCEO

    SearchesAreDoneJan28,2015 133,922 275 92

    Inthespringof2012,ashasbeenpubliclyreported,aSpencerStuartteamandIworkedwiththeBoardofYahoo!torecruitMarissaMayerasCEO.Muchhasbeenwrittenabouther(4.4millionGoogleresponsesfor"MarissaMayerYahooCEO")andhowshe'sperformedsinceherappointmentwasannouncedonJuly16,2012.Itisnotappropriateforanyprofessionaladvisertowriteapublicreportcardontheperformanceofoneoftheirclients.Andcertainlynoexecutiverecruiterworththeirsaltshouldevercommentpubliclyontheperformanceoftheirplacements.

    However,consideringNicholasCarlson'sexpansiveNewYorkTimesMagazine

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    ArticleandaftergivingMarissaaheadsupthatIwoulddoso,ImadeafewspecificcommentsforLinkedInaboutoneimportantpoint.Thatsheisexecutingtheplanthatshelaidoutwithclaritybackinthesummerof2012.MarissasaidatthetimethatturningaroundYahoo!wouldbeatwotofouryearprocessandthatherapproachwouldbetofundamentallyfixtheproduct,whichwouldrequirehiringgreatengineers,productpeople,andothertalent.Andonlywhentheproductwasfixedcouldtheaudiencestartgrowingagain,whichiswhatwasrequiredtodriverevenue.Sheandtheteamhavebeenfollowingthatplaybooktotheletter,throwingin20acquisitions,andmonetizingthespectacularinvestmentinAlibabaalongtheway.

    NewCEOappointmentsaretypicallybignewsinbusiness.Thereareinfluentialjournalistsandinvestorswhowatchforexecutivechanges,especiallyattheCEOlevel,withhawkeyes.Buthowcanaboardofdirectorsgothroughasecretprocessofidentifying,cultivating,assessing,andhiringanewchiefexecutive?Andwhataretheconsequenceswhentheycan'tpullitoff?

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    IndoingaCEOsearchaboardcanandshouldhaveaverytight,confidentialprocessthatstartswithestablishingaprojectnameandsharedcommitmentamongtheboardandoutsideadviserstokeepthingsstrictlyunderwraps.Aspecisdevelopedbyinterviewingmembersoftheboard,reviewingstrategicplans,anddeterminingwhattheforwardlookingleadershiprequirementsaretoachievethestrategy.Atargetedlistofprospectivecandidateswhomeetthecriteriaisidentified,reviewed,andprioritizedbytheboardandashortlistisagreedonforoutreach.Theneitherboardmembersoranexecutivesearchfirmreachesouttothehighprioritycandidatesandinvitesthemintotheprocess.Extensiveinterviewing,assessment,andreferencingisconductedandwhenthereisacandidateofchoiceselected,negotiationsandtransitionplanningensue.Whenallgoessmoothly,theboardhasarobustslateofcandidates,eachrepresentingdifferenttradeoffs,anddecidestoputitsconfidencebehindthechosencandidate.Alltheothercandidatesgobacktotheirdayjobsandhopefullyfeelwelltreatedandcommunicatedwithintheprocess.

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    Severalhighprofilecompaniesintechnologyandothersectorshavetriedtofollowthispathbutforonereasonoranotherwerenotsuccessful.Candidateidentitieswererevealedinthemedia.Rumorsspreadinsideofthecompaniesleadingtomoraleissuesandfactions.Forthecandidateswhosenameswereleakeditwasevenworseforcingthemtospeaktotheirbossesorboardsanddeclaretheirloyalties.Breakdownsinaprocesscanbebadfortheindividualsandtheircareers,justastheyarebadforahiringcompany.Itisevenbadforthecandidateswhostaythroughtotheendnoonewantstobeasecondchoice.

    SoifyouareinvolvedinaCEOsearchinanywayitisinyourandeveryone'sinteresttoensureconfidentiality.

    JamesCitrinsupcomingnewbook,TheCareerPlaybook:EssentialAdviceforTodaysAspiringYoungProfessionalisoutonApril21,2015

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