Welcome to the Career Development category on Tech2Exec! In this category, we will explore areas to help the up-and-coming tech exec or IT professional move forward in their career.
As a tech exec, you may consider an MBA to enhance your resume and leadership standing among peers, and concerned if the MBA is still worth it. Aspiring tech execs may also view the MBA as a means to establish themselves and ease the path to tech leadership.
Does MBA still hold the same cachet as it did years ago?
If you’re considering an MBA, I wouldn’t discourage it. The education it offers is valuable for leaders and aspiring ones. Some companies still highly value this designation. Explore the impact it has had on those who have received it to judge if it’ll help you advance in your organization. If the value seems limited, it might not be worth the time and impact on family. However, if MBAs have benefited others in your company, it’s worth considering, especially if your tuition is covered.
Consider your level in the company and your career stage.
MBA returns can diminish at a certain point. Evaluate the benefits and your company’s emphasis on MBAs. Additionally, an MBA can add value if you’re interested in leadership beyond technology, such as COO or CEO roles.
If you’ve just graduated college and are considering an MBA, my advice is to begin your career at a company that offers education financing. Pursuing an MBA while still in college adds to the future financial burden. Many employers cover educational costs to develop their leaders. Research and explore the benefits offered by potential employers.
In summary, if you’re early in your career and in a company that values an MBA, go for it, especially if they’ll fund it. Adding to your resume is always beneficial when you have few obligations, like a family. The added value an MBA could bring down the line is unpredictable, as there are a lot of unknowns when you’re young.
Considering a career as a software programmer? AI technology that “codes” and low-code/no-code platforms have empowered non-programmers to create applications. AI takes no-code to a whole new level, doing all the work. Tech Execs are excited about the possibilities.
The notion of coding as a career is evolving.
However, the ability to build and deploy technology remains crucial. Working closely with end-users, gathering requirements, and applying that knowledge to various aspects such as data, processing, infrastructure, security, vendor products, and support is more important than ever. In today’s fast-paced and ever-changing technological landscape, the ability to understand and leverage technology is a valuable asset for any business or organization. It allows for increased efficiency, improved customer experience, and competitive advantage.
One key aspect of successfully utilizing technology is through proper project management. This involves setting clear goals and objectives, establishing timelines, allocating resources effectively, and identifying potential risks along the way. With effective project management techniques in place, businesses can ensure that their technology projects are completed on time and within budget.
Even if a career as a software programmer doesn’t work out, it’s also important to have a team of skilled professionals who possess a diverse range of technical skills. This enables businesses to tackle complex technological challenges and stay ahead of the curve in terms of innovation.
Tech execs will need to shift from managing programmers to overseeing AI technology that streamlines application development. AI becomes a set of tools to enhance accuracy. While pure coders may not be required, their expertise is valuable in helping business end-users apply technology to their needs.
For tech exec, AI offers cost savings and boosts efficiency. As AI technology advances, it will gradually automate manual tasks, requiring technology professionals to adapt and upskill in other areas to support a complex tech environment.
To excel and attract attention for a technical executive position, what skills can you refine as you advance in your career? Key among them are presentation and communication abilities. Observe that the most accomplished tech executives exude ease when addressing audiences on diverse subjects. They project confidence in conveying their message and remain composed even when faced with presentation hiccups.
Witnessing a tech exec confidently take the stage may seem impressive, yet their ease comes from years of refining their presentation skills through trial and error. It’s not ordinary to feel at ease speaking in front of a crowd; even seasoned speakers find it nerve-wracking. The scrutiny that comes from public speaking is something one never fully adapts to. Nevertheless, with practice, one becomes more adept at conveying messages effectively, regardless of their nature.
As you progress in your career, seize every opportunity to showcase and enhance your abilities. Though it may feel daunting, early on, you have room to make mistakes without severe judgment. Receiving leadership feedback on areas for improvement is invaluable for your growth. The more you engage in presentations and refine your communication skills, the more proficient you will become.
Utilize internal company training programs or consider organizations like Toastmasters, known for enhancing presentation skills.
Additionally, consider refining your presentation style. Mastering the art of crafting a compelling script that effectively conveys a message is a challenging yet valuable skill to acquire. While delivering a PowerPoint presentation competently is beneficial, the ability to pinpoint key messages and captivate your audience is an intricate skill that requires dedication. Those who excel in this skill will achieve significant success.
Here are some more things you can do to refine you presentation and communication skills:
Participate in public speaking events, conferences, and workshops to gain experience and exposure
Seek mentorship from experienced tech executives and leaders in your industry
Practice active listening skills to better understand your audience and tailor your message accordingly
Stay updated on current trends and developments in the technology industry to enhance the content of your presentations.
By continuously honing your presentation and communication abilities, you will set yourself apart as a tech executive who can effectively communicate complex ideas and engage with diverse audiences. Additionally, these skills will greatly benefit you in other aspects of your career, such as leading teams, negotiating deals, and networking with industry professionals. Remember that refinement is a continuous process, so be open to feedback and always strive to improve. With dedication and practice, you will become a confident and effective communicator in the tech industry.
As a recent college graduate with strong tech skills, you may face a tough market, where employers often prioritize candidates with more experience. Tech executives are keen to build teams with the right expertise, particularly during periods of limited options and economic uncertainty. This situation can be challenging for new graduates eager to start their careers but feeling disadvantaged compared to seasoned professionals.
How can you navigate this challenging market?
Consider asking employers if they are open to hiring you as an intern, with the possibility of a full-time role in six months. This approach allows you to demonstrate your capabilities while gaining valuable experience within the company. However, assess your financial needs, as this might not be ideal if you need immediate income.
Internships provide a valuable opportunity for learning and growth, letting you gain job skills at a comfortable pace, essential for newcomers. They help you immerse in company culture, understand industry norms, and build a network, all of which benefit career growth. Networking through internships can open doors to mentorship and valuable industry contacts. Internships can lead to permanent roles, giving you a career head start. Even without pay, they enhance your resume by showing your proactive approach to gaining experience and prepare you for future opportunities through practical exposure.
Consider exploring freelance projects or part-time roles in your field to supplement your income while gaining practical experience. This approach builds your skillset and shows your ability to manage multiple commitments, a valued trait in today’s fast-paced job market.
If an internship doesn’t fit your needs, explore other options to keep your career on track.
You might choose to wait for the job market to improve, using this time to upskill or reskill with online courses or certifications suited to your interests or career goals. These courses can cover advanced technical skills or soft skills like communication and leadership, helping you broaden your competencies and boost your employability.
Alternatively, moving into a field that doesn’t perfectly match your current skills could be a smart way to enter the industry. Starting as a business analyst or application tester can give you hands-on experience and a better grasp of the business environment. These roles provide a broad view of operations, helping you learn about various company aspects, which is beneficial in the long run.
Consider building a strong online presence on platforms like LinkedIn or GitHub.
These platforms are not only great for networking but also serve as an online resume for employers to review. Make sure to keep your profiles updated with relevant skills, experiences, and achievements that highlight your strengths and qualifications.
To stay competitive, keep your technical skills sharp by staying informed about industry trends and advancements.
This can be achieved through online courses, workshops, conferences, or self-study with resources like YouTube tutorials or coding bootcamps. By continually improving your skills, you increase your market value as a job candidate and show your commitment and ambition to potential employers.
While technical skills are vital for a tech career, the significance of soft skills in a challenging market should not be overlooked.
Abilities such as communication, teamwork, adaptability, and problem-solving can profoundly influence your career trajectory and success. These skills enable effective collaboration and make you a well-rounded, attractive candidate for employers.
Develop soft skills by engaging in team projects, joining clubs or organizations, and seeking opportunities to lead or mentor. Improving these skills will set you apart from other candidates and make you a valuable asset to any organization.
Moreover, don’t confine yourself to technical roles within the tech industry. Many companies offer non-technical positions that require a strong grasp of technology and its impact on business operations. Expanding your job search to these roles can increase your chances of finding a rewarding tech career.
In summary, while the current challenging market may seem daunting for recent college graduates, there are multiple strategies that you can employ to navigate this challenge and set yourself up for long-term success. Through internships, freelance work, or exploring different roles, being proactive and adaptable is vital for building a strong career foundation. Keep learning and seeking new experiences. With persistence and patience, you’ll achieve your career goals.
I had the privilege of addressing a group of tech professionals, including a senior executive recently affected by a layoff. They were actively building their network. These individuals, feeling frustrated and confused despite being strong performers, found themselves singled out due to strategic decisions by their companies. Factors such as team restructuring, discontinuing underperforming products, or identifying lower-performing employees often dictate such decisions. Unfortunately, this group fell into the bottom 10-15% targeted for downsizing.
Job security remains a constant concern when working for others, as the threat of a layoff can emerge unexpectedly.
To navigate these disheartening and stressful situations, tech professionals should unite and collaborate. Launching successful projects can provide protection and the freedom of self-employment. Leverage your technical skills to start a blog, earn affiliate income, and undertake consulting projects. By sharing resources, you can mitigate the risks associated with working solo.
Often, meeting a group of like-minded individuals facing common challenges sparks creativity. It also allows for the exploration of new ideas and concepts that may not have been considered otherwise. Collaborating with others can lead to the discovery of new opportunities and potential partnerships, providing a sense of security and stability in an ever-changing industry.
Furthermore, building a strong network within the tech community can provide valuable connections for job opportunities or potential clients. By staying connected with other professionals, you increase your chances of finding future employment or securing freelance projects.
In addition to networking, it is essential to continuously upskill and stay updated on industry trends.
This will not only make you more marketable but also ensure that you are equipped with the latest knowledge and skills needed to succeed in the fast-paced tech world. Attending conferences, workshops, and online courses can help you stay current and relevant in the industry.
While job security may seem elusive in the tech industry, it is crucial to remember that there are always opportunities available for those who are willing to adapt and innovate. By staying connected, collaborating with others, and continuously learning, tech professionals can overcome challenges and thrive in their careers.
In conclusion, don’t let a layoff or uncertain job market discourage you – instead, use it as an opportunity to connect with others and building your network. After all, the tech community is all about innovation and resilience. Therefore, by working together and supporting one another during difficult times, we can create a stronger and more secure tech industry for everyone.
Welcome to the Career Development category on Tech2Exec! In this category, we will explore areas to help the up-and-coming tech exec or IT professional move forward in their career.
