Career Tips + Strategies for Experienced Professionals

More than 500,000 people in North Carolina have filed for unemployment in the weeks since businesses starting closing down due to the pandemic.  This equates to 10% of North Carolina’s workforce.  And the picture is certainly challenging in South Carolina, too.  Last week, WalletHub released a study that compared unemployment claim increases in USA states for the week of March 30, 2019 to the same week in 2020.  North Carolina’s unemployment claims rose 4282.7% year-over-year (7th highest in the nation), while South Carolina’s claims rose 3931.2% (33rd highest in the nation).

With the rise in unemployment, we have curated links that have relevance to professionals – especially those who are experienced in their career paths.

It might be time to think about a career change.
Times of crisis can fuel pivots in your career path. This article provides terrific insights and is aimed at professionals in the 50+ age range.
Click here.

LinkedIn has free resources to help with job search strategies.
11 free courses to help you build a job search strategy, lean on your professional network, and improve your interviewing skills.
Click here.

Why losing a job deserves its own grieving process.
The loss of a job triggers grief.  Understand the grieving process and use these 3 tips to get into a productive mindset.
Click here.

How to prepare for the future of work in uncertain times.
Some great career tips from Forbes on how to use the disruption created by the pandemic to take control and future-proof yourself.
Click here.

How to train your mind for high-pressure situations.
Tips from an Olympic Coach to help you excel during interviews, negotiations, etc.
Click here.


Farewell Linear Career Path.

The days of the structured career path are long gone.
While the route to a long-term career has been irrevocably changed, many professionals are still working to catch-up. 
How does one define career in 2020?

Hello Flexible Career.

The myriad of forces that are driving the future of work
require that we build career momentum
and measure career
success in new ways. 
Career progression isn’t about moving down the road.
It is all about transformation.

Learn more here.


5 Ways Work Will Change in the Future

At least 30% of the activities associated with the majority of occupations in the United States (including knowledge workers) could be automated according to a McKinsey Global Institute Report.  Even though we can’t predict all the changes that will occur in the future, we do know there are things you can do to be prepared.  Read 5 ways work will change in the future via Forbes.


A Virtual View of the Skills Gap Dilemma

According to the just-released 2018 Employer Needs Survey, 50 percent of North Carolina businesses report hiring difficulties and 60 percent of NC STEM-related and manufacturing companies experience the same. A recent Deloitte study estimates 2.4 million positions may go unfilled over the next decade.

Immersive technologies, such as virtual reality (VR), augmented reality (AR) or mixed reality (MR) [collectively called XR], are being used to address the skills gap behind those numbers. Charlotte-based Lowe’s finds VR particularly useful for simulating the numerous home environments a sales or service representative may encounter. Global shipping giant DHL Supply Chain reports an average 15 percent or greater improvement in productivity in its warehouses utilizing AR glasses, while also reducing onboarding and training time by 50 percent.

What does this mean for employee training? Read more on:  A Virtual View of the Skills Gap Dilemma.

About Our Guest Writer

Lorraine Russell is President/CEO of Room to Focus.  The firm provides the tools and content to help companies increase training retention, attract digital natives, and reduce time spent onboarding and facilitating routine training.  

2018 U.S. Emerging Jobs Report
Each year LinkedIn analyzes data from the previous five years to identify emerging jobs and the skills associated with them.  Some of the biggest takeaways in the recently released LinkedIn 2018 U.S. Emerging Jobs Report are as follows:
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  • AI is here to stay (6 out of the 15 emerging jobs are related to AI in some way).
  • Basic business operational functions are on an upsurge.
  • Soft skills – oral communication, leadership and time management – account for the largest skills gap.
Read the full report to learn more about the top 15 emerging jobs, those jobs with the largest hiring growth and the skills with the biggest skill gaps.

What’s the Future of Management Consulting?

Recently, Croixstone Consulting participated in a thought-provoking webinar about the state of the management consulting industry. Hosted by ALM Intelligence, the webinar provided insights into the future of the industry and featured proprietary research and analysis from ALM’s team of analysts.  View the webinar (it is an hour-long) to learn answers to the following questions:

  • What is the size and growth rates for consulting globally and by region?
  • What’s the future of consulting?
  • What will the profession look like in the next decade?
  • How are client expectations changing the game?
  • What will a successful firm look like in 2020?

Businesses are Moving Toward Being Technology Companies

Our Managing Partner, Mark Weber, kick-started last week with a conference call with the CEO of one of our clients.  The conversation focused on the topic of talent development (the #1 concern of mid-market CEOs who attended last month’s sixth annual mid-market CEO convention at the Wharton School at the University of Pennsylvania).  During the call, the CEO stated that in today’s world, ALL companies are tech companies.  Many organizations don’t understand this concept and continue to see technology as a separate entity from the rest of their businesses.  Greg Williams, the Deputy Editor of WIRED Magazine, recently published a blog post on the 5 reasons why businesses are moving toward being technology companies.  Read it here.


Spotlight on Disruption

Coworking office spaces represent a fundamental shift in the way people work, and the coworking industry is disrupting the commercial real estate industry in a very BIG way.  The future of work is a huge topic of discussion every week at Croixstone, and the shift in how people work is what incentivized us to relocate our offices from our business loft in South End to Industrious in Uptown Charlotte nearly one year ago. Learn why companies like Spotify, Lyft, Hyatt and Chipotle have joined Croixstone in calling Industrious home across the United States.  Click here.