How to Market Yourself to Employers in a Recession
Posted on 22. Dec, 2008
The title of this article wasn't chosen by accident.
What most job-seekers (during recessions and economic booms alike)
don't realize is that applying for jobs is a marketing problem. The
best jobs aren't won by filling your resume with cliches and business
buzzwords, using a pretty Microsoft Word template, and jumping through
the same tired human resources hoops as every other job seeker. Perry
Marshall touches on some of the problems with this approach in his
excellent report on using direct marketing techniques to land a new
job. They include:
- The best jobs aren't publicly advertised. Rather, the jobs you see posted in newspapers and on Monster.com are the jobs insiders don't want.
- Applying for such jobs puts you at the back of a long line
of job-seeking clones who look mostly or completely the same on paper. Furthermore, the line is set up in such a way that it's very difficult to reach a real person at the company. - Any real person you do eventually reach is likely to be a
human resources bureaucrat rather than someone with serious authority
to hire you.
This process can be effective in a prosperous economy, when jobs are
plentiful and the competition for them isn't very intense. But it does
not work during recessions. By definition, jobs are extremely scarce
during recessions, meaning the competition for what few jobs exist is
fierce. And if you try to get those jobs the same way you would during
times of prosperity, you're basically walking into a war zone unarmed.
It doesn't have to be this way.
But if you want to get different results - that is, a well-paying
job in a time of economic despair - you have to do something different.
Rather than merely applying for jobs in the same cookie-cutter fashion
as the rest of the herd, you need to market yourself (there's the key
word again) as a difference-maker. You need to create the impression
that despite the current economic crisis, you need to be hired - like,
yesterday. To do this effectively, however, you need to understand
something about how corporate decision-makers think during recessions.
Don't skip past this part, because it's critical to the tips that
follow. A true grasp of this will separate you from the rest of the
job-seeking herd almost instantly.
Employers still want and need to hire difference-makers.
Believe it or not, companies don't all freeze up and stand still
during recessions. While they are more reluctant and selective about
whom and how many people they hire (because cash is low) companies
still need top-notch employees to help them remain profitable and stay
afloat. This is as true during recessions as it is during good times.
In fact, it's more important. Economic crises reveal a company's
employees for who they truly are. Those who produce demonstrable,
bottom-line results for the company are distinguished from those who
merely act the part and collect their weekly pay. And make no mistake -
if you really, truly are a results-oriented difference maker, then
companies want to hire you. They need you now more than ever. The
challenge then becomes how to show them that you are such a person.
How to reach decision-makers
First and foremost, this is a matter of reaching out to the right
people. The aforementioned human resources bureaucrats are not going to
be of much help, especially during a recession when they are even more
risk-averse than bureaucrats usually are. No, instead, you need to
reach the senior-level decision makers. The people within a company who
A) realize the need for results-oriented difference makers and B) have
the power to hire them immediately. But how do you reach them? Surely
you can't just waltz into a company and ask to be taken to a
vice-president's office. Probably not. But what you can do is get their
mailing addresses.
Just visit ZapData.com, the list service of business credit behemoth
Dunn & Bradstreet. Once there, you can set up a free account and
search within certain industries and locations - say, software
development in Seattle. Then you just pay the fee and download a
mailing list with the addresses of presidents, owners, or senior-level
managers within that industry. Again, these are the people you want to
reach, not HR guys. But once you have the names, what do you actually
say to them?
Making your pitch
This is critical. Having the names of decision makers wont do you
much good if all you do is send them the same watered-down,
dime-a-dozen, MS Word-generated resumes as the classified ad crowd.
Remember - these companies are experiencing the pains of a recession.
They are cutting costs to the bone. The only way to get hired in such a
climate is to market yourself as a results-oriented producer. This is
in stark contrast to the types of people who do not get hired in
recessions, whom Harvard MBA John T. Reed calls "external validation addicts."
According to Reed, "You can spot external validation addicts by the way
they describe themselves in their resume or bio. If it is a list of
appointments they have received from various committees, like military
rank or plum positions like battalion commander in an airborne
division, they are external validation addicts."
This is absolutely relevant to our purposes here. If
your resume reads like this, you're in trouble. You might have served
on every committee your former employer ever created, but guess what?
The company you're applying to now is losing money hand over fist, and
committees are just another drain on the budget. They want people who
can cut costs, increase sales, or both. In short, they want people who
are results-oriented. Reed goes on to describe what the resumes of
those people look like:
Those of us who think you can shove your external validation have different self-descriptions.
Ours involve straight-commission jobs and marks like top producer;
successful entrepreneurial activities; successful coaching in sports;
books and articles written ("Getting published" is external validation.
I published almost all my books and articles myself.); marks set in
athletic competition; net worth; income; discoveries made; inventions
patented; and so forth."
The more of these things your resume contains, the better your chances of being hired in a recession.
Another key to accentuating your results-oriented workplace
credentials is to use specificity. Too many job applicants rely on
laudatory adjectives and buzzwords to communicate their strengths.
Don't do that. Whenever possible, quantify what you have done or could
do if hired. For example:
Don't say "achieved phenomenal growth in the produce department."
Instead, say, "Grew sales in the produce department 15% during the
slowest quarter of the year, during a hiring freeze, with no additional
support or resources from management." Even if some of your
achievements appear to be committee/popularity oriented, don't name
them as such. Instead, try to unearth the objective reasons why you
achieved those things. For example, don't say "won Manager of the Year
award in 2007." Instead, say "cut operaing costs by 20% while at the
same time increasing after-tax profits more than any other store in the
tri-state area."
It's all about results
These statements identify you as a difference maker, someone who
could step in, take the reigns of a department, and deliver immediate,
bottom-line results if hired. And do you know what the best part of
this approach is? You don't need to have a mile-long list of college
degrees, awards, or sparkling credentials. The dirty little secret
about hiring (and ultimately, life) is that credentials are not the
most important thing in the world. As Paul Graham points out,
"What [credentials] are, functionally, is a way of predicting
performance. If you could measure actual performance, you wouldn't need
them."
"Actual performance" are the key words.
Think of what we've been saying throughout this article:
results-oriented. Difference-maker. Bottom line. Actual performance. In
a recession economy, these things are all employers care about.
Everything else is secondary - in fact, lower than that. They really
don't matter at all. If you can market yourself to corporate decision
makers as someone who can bring these critical ingredients to the
table, you will always be employed - during good times and bad.
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