If you don’t know all the opportunities that are out there, you are bound to miss out. At your level you need to know all that is going on when it comes to a spot you would be perfect for in a company.
Every day, events occur in tens of thousands of firms that lead decision makers to begin the process of privately looking for new people. These events are often reported in local and national publications, newsletters and online. They are essentially signals of emerging jobs… and that hiring will soon follow. What kinds of news events signal emerging jobs?
*An employer receiving new capital
*A firm kicking off a new productn Executive appointments
*Word of new local business operations.
*New contracts being awardedn Planned relocations
*Major licensing agreements
*Announcements of growth expectation
*Announcements of record sales & profits
For companies undergoing transitions, chances are they will need to attract good people to handle problems or capitalize on their opportunities. Their activities won’t just be limited to one or two functions. They can be expected to need people in all categories: sales, marketing, finance, etc. What’s more, these situations will generally be much less competitive than public openings.
Ripple effect thinking
When you read about a company that is giving out signals that they may be hiring at an above-average rate, don’t stop at the obvious implications. Use what we refer to as “ripple effect thinking.” This is simply taking the time to think about changes that may be occurring in the company up and down the line and across many functions.You may also get some good ideas about using information to find opportunities with a company’s suppliers, customers and even their competitors. Consider the following example.
An obvious “emerging” opportunity
You read that a firm is starting a new division to sell a revolutionary cell phone… one that can compete with the iPhone and the Blackberry. The obvious implications are that this company could very well need people in marketing and sales. Since it’s a new division, you might also expect that there will be some need for finance people as well.If you’re a design engineer, you might also project a need for that capability to support the design effort. Those possibilities would be real enough, but now let’s use “ripple effect thinking” to see if we can infer some other needs. If you’re an industrial engineer with knowledge in this product area, you know this concept will concern competitors. You might contact them to help in the new product area.