CEOs take risks by telling boards about job searches, which begs the question: Should a top executive announce he or she is looking for another job? According to experts and other CEOs, the answer is almost always no... unless circumstances dictate otherwise. “Until the deal is done, the deal isn’t done,” said Chris Jahn, president of The Fertilizer Institute. “It’s got to be signed, sealed and delivered—and then you share your future plans.”
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Executives say board members may not be as interested in your industry knowledge as much as plans to move group forward. “They were looking for my thoughts on what the roadmap to the organization’s success would be," said Craft & Hobby Association CEO Andrej Suskavcevic.
‘Transparency is a two-way street;’ financial struggles should be shared with jobseekers—some may welcome turnaround opportunity.
Recruiters offer advice for leaders looking to move up or out
Many boards, though not all, are willing to pay more for their next leader; search committees look for passion and cultural fit.
From music to autos and more—some executives change industries when changing jobs, sometimes meeting resistance along the way.
Association leaders recount their past troubles with board members, offer suggestions for colleagues facing similar challenges.
Be straightforward with search consultants, employers when withdrawing from hiring process; take care to preserve relationships.
Visibility, relevance and vision are all key points for executives concerned that they might be stagnating in their current job. At the very least, listen to your instincts if you feel your career is going nowhere, according to experts. "If you feel like your career is stalled, it’s probably stalled,” career coach Deborah Brown-Volkman said.
From simple Google searches to poring over financial reports to finding people who know the association, due diligence is a must.