Doostang News October 4: Tips for Making an Industry Transition

Posted on October 3, 2010 | in Advice & Tips, Doostang News, Job Search | by

Investment Banking Analyst, New York, NY
Consultant , Irvine, CA
Associate, SF Bay Area, CA
Product Development Analyst, Chicago, IL
Research Associate, Stamford, CT

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With the job market making a fresh recovery, it’s natural that you may be looking to make the switch to a new industry.  But we all know that it’s hard enough transitioning to a new position, so what’s the best way to make the move into an entirely new field?  Check out some of our tips:

Do Your Research

Spend your time researching as much as you can.  Pour over the latest literature of the industry, brushing up on trends, research reports, conference call transcripts, investor information – whatever you can get your hands on.  The more you know, the easier the change will be.  Try to get to know the ins and outs of your field, going beyond what is expected of your desired job; that way, you’ll be better equipped to face challenges that come your way.

Revise Your Resume

Update your resume to reflect the transferable skills from your previous work that will best suit the type of employment you’re looking to gain.  And if a previous position didn’t require any of these talents, then leave it off.  It’s tempting to list all of the substantive work experience from your past to demonstrate that you are a devoted worker, but employers will spend very little time looking at your resume before moving on to the next one.  Highlight what’s relevant, and if you still feel the need to include the less relevant job experience on your resume, make sure to downplay it.

Network

It’s also imperative that you get out there and get to know as many people in the industry as you can.  Use your existing network to get introductions to workers in the industry you are targeting. These new contacts will be the ones to vouch for you and get you jobs.  They’ll also be the ones that you’ll be doing business with if you land a new job, which will give you a huge leg up from day one.

Finding a new job is tricky, and navigating foreign territory is even trickier.  So make sure to prepare as thoroughly as possible so that you when the day finally comes, you’ll be ready to conquer!

Until next time,

The Doostang Team

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