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Winning Formulas from the Inner
Circle Small-Group Counseling by
Teleconference by David Madison, Ph.D.
The Five O’Clock Club in the Middle of the Night “I
had been looking for over a year and a half, and easily had sent out 500
résumés.” After 15 years with an investment firm in Switzerland, Al was
conducting a long-distance job search, looking for the right niche back
home in the US. The Internet made the mass distribution of his résumé
possible, but it also led him to the Five O’Clock Club, which proved to be
the key for conducting an effective job search. The Wall Street
Journal lead Al to the Korn-Ferry site, which is linked to www.fiveoclockclub.com. “When I
first heard about the Five O’Clock Club, I thought it was just for people
in New York. Then I found out that the Club has the Inner Circle branch by
teleconference.”
I thought the Five O’Clock Club was just for people in
New York. But most Five O’Clock Clubbers are in the Inner Circle
teleconference program.
Al called to sign up for 10 sessions, despite the fact that
his small group started at 7:30 EST—he would have to stay up til 1:30 in
the morning in Switzerland! Since he joined just before the
Christmas-New Year break, he had time to do serious homework before his
first group session. “I went through all the books and tapes. I tried to
take all the lessons to heart—it really became kind of a religion for me.
And learning the Five O’Clock Club method brought about a night and day
change in the way I was going about things. During that year and a half of
sending out résumés, I had a few interviews, but then when something fell
through, I’d not do anything for the next six weeks. The Five O’Clock Club
is always pushing you to do something.”
As with most successful job hunters, Al discovered that proper
assessment had been a missing ingredient. “What really helped was the
Seven Stories and the Forty-Year Vision. About a year earlier I’d actually
had an offer for a job in New York, and I saw now that it didn’t fit
anywhere in my Forty-Year Vision. I wasn’t suited for it at all. The money
was okay, but it didn’t play to my strengths.”
I listened to the whole set of tapes four times.
On my way to work, instead of listening to the radio, I put in a
tape.
After completing the assessment, Al took his cues especially
from the tape on effective networking. While previously he had sent out
the 500 résumés “applying for everything under the sun,” now he sent a
targeted mailing to fellow members of a professional association. He
crafted a cover letter with bulleted accomplishments, and began with a
simple question: “I’m thinking about moving back to the U.S. I’m
interested in your organization—can you steer me to someone who might be
interested in my background?”
“I got lots of response. By my fourth or fifth session with my
Inner Circle group, I was talking with five companies.” With laptop and a
box of stationery, Al made a trip to the U.S. after getting several
interviews lined up. He was in touch will all his targeted companies by
email, and was able to hand-deliver polished follow-up letters during his
week of interviewing stateside. “I learned from the Club not to write
‘thank-you’ letters. Instead, in my letters I suggested solutions to
problems. I made specific legal and portfolio management proposals to
people I’d met. I never talked about applying for a job. I always talked
about what needed to be done.” Within a few weeks, and by his ninth
session with the Inner Circle, Al had the offer he wanted. He booked a
private session with his counselor to discuss salary negotiation. The
insurance firm that eventually hired him, by the way, had called him in
for an exploratory interview (“we don’t have anything right now, but we’d
be pleased to talk to you”).
Looking back over the whole Five O’Clock Club process, Al values the
Two-Minute Pitch especially. “I practiced it to death. At the Inner Circle
teleconference sessions, every time someone new joined the group, the
counselor had us recite our pitches. And I really got a lot of practice
because all my first interviews were all on the phone. When it becomes
second nature, you’re much more prepared—you come across as a different
kind of person.”
I learned from the Club not to write ‘thank-you’
letters. Instead, I suggested solutions to problems.
Coming to the Five O’Clock Club after a long and unproductive
job search, Al was pleased to discover a methodology. “The Five O’Clock
Club process forces you to do everything systematically. You’re expected
to figure out what you do well—and enjoy. You’re expected to figure out
where you want to go, and then to work out the possibilities to get
yourself there.”
Learning Five O’Clock Club Method On the
Road “I listened to the whole set of tapes four times.”
With a forty-minute commute each way, Bernard decided to put time in the
car to good use. Feeling unchallenged after 15 years with an insurance
company, he knew that finding a new path would require hard work and
concentration. “On my way to work, instead of listening to the radio, I
put in a tape. This got me thinking about what I needed to do that day,
who I needed to call. And on my way home, I would listen for ideas, so
that after helping get the kids to bed, I would know what I needed to do
to keep the search moving.”
Bernard also devoted about 20 hours to Targeting the Job You Want,
especially on the assessment. “The long-term vision was the most helpful
concept. So many people are focused on ‘What am I going to do now
for a job?’ versus ‘What do I really want to do down the road?—where do I
see myself in 15 or 20 years?’ So many career books tell you how to get
the next job, rather than help you reach your career objectives.”
But Bernard wanted human interaction to supplement the books and tapes.
Since he is on the West coast, he signed up for 10 Inner Circle branch
sessions and connected with a counselor by phone for several private
sessions as well.
Bernard devoted about 20 hours to Targeting the Job
You Want. “So many career books focus on getting the next job, rather than
helping develop career objectives.”
He settled on four initial targets, but serious drawbacks in
three of them soon became clear. He decided to launch a major campaign in
the fourth: executive recruiting firms. “I did my research, identified A,
B, and C lists and mailed résumés and cover letters to 88 companies. I got
calls from 15—most on the B and C list. But I was glad to start my
meetings with them. I went on 10-12 interviews, just so I could master the
terminology. By the time I got into the high end firms, they almost looked
at me as if they were recruiting someone from another firm.”
Bernard got into the high end firms by making the requisite phone
calls—to the remaining 70+ companies on his lists. This produced 25
interviews, which resulted in several offers. Having more than “6 to 10
things in the works” helped Bernard negotiate from a position of strength.
“One of the firms told me they were giving me the best offer they ever
made any candidate. They said, ‘What’s your next step?’ I said, ‘I’ve got
to evaluate your offer in comparison to all the others I’ve received.’
They kept pursing me.” It was around the time of his 9th
teleconference group session that he landed his new job.
Bernard now recruits and places executive level candidates in a
niche market. And he sees first-hand the need for career assessment that
helped him so much. “As a recruiter, I see people change jobs as fast as
they change pants. A lot of them really don’t have any idea what they want
to do—and these are very senior people.”
Making Connections at Professional
Associations “Whenever I got depressed during my job
search,” Vincent points out, “I picked up one of the Five O’Clock Club
books and read something, or I picked up the phone to call somebody—that’s
what the methodology said I should be doing.” Attempting to change
direction with his career, he stuck with his Inner Circle branch sessions
for 16 weeks, and had a couple of private counseling sessions as well.
Having 6 to 10 things in the works helped me to say,
“I’ve got to evaluate your offer in comparison to all the others I
received.”
Vincent had left a long career in banking to take a position
in new business development for an energy company. He knew he faced an
uphill battle to return to a financial institution, but decided to target
project finance positions with major money center and foreign banks.
Having come across the Five O’Clock Club through the Korn-Ferry
Futurestep website, he immediately adjusted his approach to the job market
after reading the books. He put in the hard work to redesign his résumé
the Five O’Clock Club way. “My initial résumé, which I’d done on my own,
got zilch!”
Members of his strategy group at the Inner Circle urged him to join key
professional associations—and this proved to be a major breakthrough in
his search. At his fourth meeting at one of the associations, he met an
executive from one the banks on his target list. Having sent his résumé to
several people at the bank—with no response—he asked her in a humorous
tone, “How do I crack into your bank?” “May I take a look at your résumé?”
was her response. Vincent wanted her input as much as anything. “Could you
just review it and tell me what you think?”
A few days later Vincent received a call from one of the bank’s Senior
Vice Presidents, asking him to come in for an interview. The first
interview ended up being six hours long, and he was brought back three
days later. An offer soon followed—for a position the bank had been trying
to fill for six months! The face-to-face meeting at a professional
association had proved to be the key.
Whenever I got depressed during my job search, I
picked up one of the Five O’Clock Club books and read something.
Not long after starting the new job, Vincent saw further
payoffs of the Five O’Clock Club method. Over the weeks attending the
Inner Circle sessions, he’d worked hard to get “6 to 10 things in the
works,” and three job offers came in from companies in his secondary
target. Happy to be in a position to turn down these offers, he gained
more confidence about his worth in the market.
Three job offers came in from companies in his
secondary target— after he was on the new job.
But he had also gained an appreciation for the value of
networking. He had learned the value of professional associations, and
during his weeks working with the Inner Circle, he had contacted members
outside the weekly sessions. He plans to keep up the relationships. “I
know one thing: I don’t want to lose the network.”
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