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Published: Tue, 23 Dec 2008
Description: 'Strategy Room' panel on the best ways to network
Automatically Generated Transcript (may not be 100% accurate)
" Is that they invented just a little bit yeah right and some somewhat of a bank what's so interesting is that you mentioned that some companies. Have --"
" I think those companies if you look at companies who haven't put -- referral bonus there okay."
" And if you want to work that lets just say Google are you want to work at. -- another company political and a couple -- whatever. You know it works or your cousin's cousin knows somebody who work there. A lot of big corporations."
" Actually like to get on anything and I would say definitely general range anywhere from like 2800 dollars. To 10000 well yeah any envelopes in. And I."
" Also point out that I think world harping on the exact same issue that networking which I think that this very abusive. Thing that -- quite naturally for certain people so when you're helping your thinking are -- what does that mean what is networking me. You know the easiest thing to do is literally to write a list of every single person you know want to go to your wedding invitation list for all I care -- just write a list of everything you know everything you ever touched in business all of your bosses everything. And I think intermediate step. Calling people and saying tell me that what you're doing now I don't want to -- your company I don't even know what I'm doing next but I'm on the information gathering. Pat and you probably are because you probably you're really just start to press -- really me just be wanting to open the door. And and you know I get those calls all the time -- going to find it's my kids just graduating just that is NBA. My friends got fired from the events and I think that all the time -- and that pressure. To actually happy that gives him a job interview I think that help people are willing to. Just use that very. Yeah me approach. Okay here's my job here what I do and explain. You know visit here and -- isn't it might in my experience that people ego maniacs -- love talking about themselves so you pick up the phone not header by the look if you -- Being broadcast journalist I I was in. Finance and I didn't guess kinda strategy ground and you can you spend ten minutes to me at her cup of coffee is -- the three best things about your job in the three worst thing."
" They just take I agree with you except one little variations. I think -- be correct. It's a hit with. And in finance. I'm thinking about making the switch to broadcast journalism I'd like to find out more about it -- in the guest on the show. You seem terrific staff seemed straight connects to I would be I wouldn't -- you know it's almost."
" The only good thing I would say that it unless it's you know that. -- Talk to me about your career coaching they have no idea what that's all about what's set to -- had to do that because advocate that's true if you know that's what you want to do but if you don't know."
" If you can't say it again I'm I'm exploring different opportunities different career perhaps one of them that I mean I think that is that is that. Again I you know particularly in in this market. People know what's going on and you're either the type of person you get that call you I think the type of person say yes -- want to pay it forward because. You know some day I -- making that same call and banked right and I don't want to have to regret not helping others during my career and now -- may -- some of those same people and you're type of person that's -- to find time to do that when you can. And you."
" So you. Today you're limited because there's so many people I was at a holiday party on Saturday talking -- amendments -- the position of a large company news saying I'm inundated. With friends and friends of friends of friends and neighbors and because there's so many people -- Trying to get. You know depending at this time."
" Interviews everybody here -- it if you're just gonna threaten our if you haven't been able to -- we're not shots so what to do if you're worried about losing her job how to go about finding a job. In this economy right now we've been hearing reports that the economy. Could get -- in the first quarter of next -- some folks are more optimistic about that nevertheless. We -- a lot of people are anxious about what's going with economies we have a panel of experts here is it would joined us. I've talked a little bit about that. Is that -- you -- he's the chief human resources officer. -- Dow Jones Dow Jones is. What the largest publishers of business news information. It published The Wall Street Journal for example and parents and they employ about 7000 people across the country so yeah. Excuse me across the across the the globe that's. And though it -- the big gate -- yeah. And about what to do you I didn't job and keep it that. Eight Katie oh to my right is with business codes dot net Katie is a career out. So she's talked with people about you know I go back and job or I'd change industries will. Capital are a little bit about that -- wife of the president of life public relations and I think we I'll probably need a little bit better about selling. Especially when it comes to that a tough economy and Jill Schlesinger is -- financial planner. Man that till the -- as a whole lot about the financial industry. Hand out what to do with their money would be getting in but to email I have read it yet but let me start here with us for one. And then -- right then about the small business owners in small cities and how more more of them are starting -- sell their goods and services online and he gets an example. The company he knows called mom's apple hi. And they -- apple pie and -- them. -- he asks is this -- good growth area that needs to be embraced. By businesses in large cities and the concept is selling stuff on line."
" Absolutely yeah and I think there's an interesting that it. Question underneath that witches we talk a lot of a large employers and those big layoffs and then the next level of said the middle level employer but I had a small business and the small city that your hearing city Providence, Rhode Island and to think about. What the pressure is on the small business people these days and choices they have that makes you say okay well I gotta go online because. I'm not going to be sitting there making jewelry with fourteen other people because it's just not gonna work and I don't need an outside at sites salesperson you make these. Changes to your business but it has a tremendous ripple effect we've really done."
" And that's the engine of our economy it's the entrepreneurial Spirit of the small businesses that's -- the group comes from -- spillover effect from you know these displaced workers and then you know -- ingenuity and starting small -- whether it's online music and it you know local communities. That's the real engine of job growth and creation in this country."
" What if I'm. In the community -- a lot of people and as is true for the entire year here a lot of people who work in finance I ran into and I know and he has wife have both of them without jobs for six months ago and worked in the financial community. If you situation like that where you've been working hard and you write your college educated you've had a good career and made some nice money over the years. But it without chopper six more months to you why. Why you're trying to find a job -- another corporation to go around and try to pick yourself as consultants it didn't outlets is consulting kind of working --"
" In my experience in just from knowing a lot of people lost their jobs and financial industry. That consulting business is drying up completely it is one of the first things to get cut I have friends who actually an HR and Wall Street -- say get no more career coaches know where this snow white bag and they were so I think that's it pretty dangerous. Half the other way to look at it is if I have a job. And I and it's like. And a little bit nervous maybe -- dipping my toe in the water figuring out it is your career for me it is my own business is very. Sun something I can do on the side that can augment what I'm doing here where I get it tasted it and actually see if there is some business there. But I think it's a very slippery slope it infected all the reports are showing that. Small businesses there are folding faster than that Marcus and by the way."
" I -- a freelance brother the prison industry don't I think it. PR firm budgets are getting cut there's opportunities for senior level freelance PR people to do work. On a large account or even a small accounts actually -- actually get the sort of."
" and tight budgets to get back button so where advertising is is that something that's good. Position yourself as a free --"
" Iraq designers I think there's certain industries that you can find your your your little mutual opportunities that your your tenacious about I mean in many in many major companies where they are slashing head -- they are back filling even temporarily yeah. With temp workers -- whether it's ten or freelancers. They are back feeling -- just taking the headcount the budget. And and creating an additional expense just to get them through a period of time I think that money to a health care -- they don't have the money to form located it's actually a savings and I."
" That makes sense in terms of it what you're doing if your investment banker chances are you're not going to start like Joe's investment banking consulting services -- really does have to make sense in custody application. Here's an email from cracking Kentucky he says. What's what's person would you hire a 58 a fifteen year old with fifteen years of experience in a field. -- 25 year old with a four year degree. -- Somewhere -- small business person. I don't like -- graduates I find -- to be the least profitable. Employees -- ever had it in and I've been doing is from a fifteen years they are. Frankly somewhat entitled. They have not really work yet and I spent an enormous amount of money training and then they'll leave within three years. Give me fifty year old man woman with fifteen years experience. And I am a much more comfortable that I hate to."
" I think -- that I think it is entirely depends. It depends on the job I mean there are yeah I don't see -- an either -- it really depends on the job. There are I I think there's an opportunity with older workers at fifty's old. But compared to 25 group as an opportunity with the older workers now particularly as the boomers and you know reaching retirement age. To tap into. A very stable secure war. Workforce. That there beyond looking for that career growth in their thinking on your twenties who wasn't flight in their twenties and not to make expecting comment about. You know twenty somethings gonna. It's what they wanted to let -- most twenty somethings don't I didn't know what the damage is so it fits that job where. Aren't you need someone to just do this job and not have to worry about. You know there are always looking for the next step so. It depends on the job that there is that there is 888 talent pool out -- lots of companies ought to be thinking about how to tap into that secure stable workforce -- people who work."
" Yeah I angry and I think it's it's an interesting thing to else's. We have a lot of people -- you know financial planning investment and we get people who are career jumpers we have one of -- hurt people who is actually risen -- in our company who is an educator. I love that person I like the person who is actually since I have now researched this I've gone and gotten my certified financial planning certificate. -- Dennis and I want to -- into this career I like that person I I think it wanted things it's very highly overrated in this country to college degree I hate to say that. But and sir Graham for that you know. I I interviewed kids all the time coming at a school. And if you know had a right and you know algebra that's really all I care about and let you went to brown or University of Rhode Island is is pretty like indistinguishable to make it really eighty through what you do. But I don't think that's --"
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