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Mid Career Transitions
Most Recently
Global Vice President Product
Management McAfee, USA
CTO Office, NetIQ
Director of Engineering
15 years in Product Industry
Angel Investor, Board Member of
several startups
Prof. Pinkesh Shah
Faculty, Institute of
Product Leadership
pshah@ipl.edu.in
Learning #1
Mid Career Transitions are like
changing planes while in the air
Understanding the feeling of being “stuck”
45% mid career professionals feel they are stuck – SHRM
Survey 2016
Learning #2
When your value in your
company is higher than your
value in the open market -
you are possibly stuck!
Learning #3
Hiring Managers look at Senior
Professionals through 3 lens
Learning #4
Demonstrable Skills weigh 80%
more than Resume Skills.
Learning #5
WHO YOU KNOW IS AS IMPORTANT AS WHAT YOU KNOW
Learning #6
Balancing “your” T may not be enough
BUILD CROSS
FUNCTIONAL
UNDERSTANDING
Learning #7
Knowing != skill
“Because every person knows what
he likes, every person thinks he is an
expert on user interfaces “
PAUL HECKEL
Learning #7
FINDING THE RIGHT “GROOVE”
INDIVIDUAL:
Find your right Career Anchors
FIRM:
Maturity level of Org
MARKET:
Understand Global Trends
FIRM
LEVEL
INDIVIDUAL
LEVEL
MARKET
LEVEL
career
an occupation undertaken for a significant
period of a person's life and with
opportunities for progress
/kəˈrɪə/
career anchors
is the evolving self concept of what:
• you are GOOD at
• your NEEDS and MOTIVES
• VALUES that govern your work choices
-MIT Research led by Edgar Schein
CAREER ANCHOR ASSESSMENT REPORT
READING YOUR REPORT
Using the personalized
psychometric test the result
is a score across each
career anchor
TF5.8
GM6,2
EC3.2
AU7.5
4.2
GET YOUR CAREER ANCHORS ASSESSMENT
(WILL BE USED IN THE WORKSHOP)
1. Install the app “UAssess” (iOS, Android)
2. Login in using LinkedIn
3. Go to Menu and choose
4. Use Code 338266
5. Start the Assessment
“Answer questions based on reality not future”
TESTED ON 1000s OF
SENIOR MANAGERS
BASED ON MIT RESEARCH
LED BY EDGAR SCHEIN
TF GM AU SE EC SV CH LS
CAREER ANCHORS
Technical/
Functional
General
Management
Autonomy
Independence
Security /
Stability
Entrepreneurial
Creativity
Service /
Cause
Pure
Challenge
Lifestyle
TECHNICAL/FUNCTIONAL COMPETENCE
● WORK TO BECOME GURUS
● WORK ON HONING THEIR SKILLS
● LOVE COMPETENCY BASED CHALLENGES
● THRIVE ON CHALLENGE
● SEEK PROFESSIONAL ASSN.
● LOVE MENTORING OTHERS
MOTIVATORS BENEFITS
● PEER RECOGNITION
● ABSOLUTE PAY
● THOUGHT LEADERSHIP
CTO
PRODUCT
SPECIALIST
ARCHITECT
GENERAL MANAGERIAL COMPETENCE
● CROSS FUNCTIONAL SKILLS
● GENERALIST (balanced T-career)
● INTERPERSONAL SKILLS
● DECISION MAKING ROLES
● PROBLEM SOLVING
● MOTIVATING OTHERS
MOTIVATORS BENEFITS
● PROMOTIONS
● RANKS
● SOPs
PRODUCT MGR
CEO
BUSINESS HEAD
AUTONOMY/ INDEPENDENCE
● NO RULES
● INDEPENDENT DELINEATED WORK
● CONSULTING/PROJECT WORK/PART-TIME
● FLEXIBLE EMPLOYMENT
● SELF MOTIVATED
● NO CONSTRAINTS
MOTIVATORS BENEFITS
● IMMEDIATE PAYOFFS
● MEDALS/ TESTIMONIALS
● RECO LETTERS
STRATEGY CONSULTING
AGILE COACH
PROD. MGMT.
CONSULTING
SECURITY/ STABILITY
● TENURED JOB
● STEADY PERFORMANCE
● FINANCIAL SECURITY
● JOB SECURITY
● CONFORMITY/LOYALTY
● PREDICTABLE FUTURE
MOTIVATORS BENEFITS
● STEADY INCREMENT
● RETIREMENT PLANS
● RANK SYSTEMS
OPERATIONS
MANAGER
HR MANAGER
LARGE ORGS
TCS/HCL
ENTREPRENEURIAL CREATIVITY
● NEW PRODUCTS/BUSINESS
● CREATIVE CHALLENGE
● URGE TO CREATE NEW
● NEW IDEAS
● OPEN MINDED EMPLOYEES
● HIGH ENERGY LEVELS
MOTIVATORS BENEFITS
● MAKING MONEY
● HIGH PERSONAL VISIBILITY
● BUILDING FORTUNES
STARTUP FOUNDER
ENTERPRISE HEAD
PRODUCT CREATORS
SERVICE/DEDICATION TO A CAUSE
● MAKE THE WORLD BETTER
● WORK-VALUES ALIGNMENT
● DESIRE TO SERVE
● MEANING AT WORK
● OPENNESS
● LIVING ONE’S VALUES
MOTIVATORS BENEFITS
● SHARED VALUES
● FAIR PAY
● AUTONOMY
TECH SUPPORT
MENTORS
PRODUCT
EVANGELIST
PURE CHALLENGE
● SELF TESTING
● OVERCOMING THE IMPOSSIBLE
● CHALLENGING ONESELF
● WINNING
● TESTING ABILITIES
● COMPLEXITY
MOTIVATORS BENEFITS
● CHALLENGE
● BENEFITS ARE SECONDARY
STRATEGY
CONSULTANT
MANAGEMENT
CONSULTANT
LIFESTYLE
● CAREER AS A MEANS TO LIFESTYLE
● FAMILY VALUES
● FLEXIBILITY
● WORK LIFE BALANCE
● FLEXIBLE WORK PATTERNS
● PERSONAL NEEDS
MOTIVATORS BENEFITS
● MINIMUM GEOGRAPHICAL
MOVEMENTS
● SABBATICALS/LEAVES
FREELANCE DESIGNERS
CONTRACT WORKERS
EVENT/MARKETING
MANAGERS
SALES
IN REALITY - CAREERS ARE COCKTAILS
EC:
ENTREPRENEURIAL
CREATIVITY
SV:
DEDICATION TO
CAUSE
SOCIAL STARTUPS
IN REALITY - CAREERS ARE COCKTAILS
EC:
ENTREPRENEURIAL
CREATIVITY
SE:
STABILITY &
SECURITY
INTRAPRENEUR
IN REALITY - CAREERS ARE COCKTAILS
EC:
ENTREPRENEURIAL
CREATIVITY
CH:
PURE CHALLENGE
DISRUPTIVE STARTUPS
IN REALITY - CAREERS ARE COCKTAILS
GM:
GENERAL
MANAGEMENT
TF:
TECHNICAL
FUNCTIONAL
R&D HEAD OF CISCO
IN REALITY - CAREERS ARE COCKTAILS
GM:
GENERAL
MANAGEMENT
AU:
AUTONOMY
INDEPENDENCE
CONFUSED ??
Learning #7
FINDING THE RIGHT “GROOVE”
INDIVIDUAL:
Find your right Career Anchors
FIRM:
Maturity level of Org
MARKET:
Understand Global Trends
FIRM
LEVEL
INDIVIDUAL
LEVEL
MARKET
LEVEL
Maturity Phases for R&D Centers
Phase 1.0
Value
Optimization
Phase 2.0
Value
Co-Creation
Phase 3.0
Value
Productizing
FIRM LEVEL: Maturity of India R&D Centers
MANAGING PROJECTS TO EXPERIENCES
Deliver for Delight, Customer Centricity
BUILD DEMONSTRABLE ASSETS
Show portfolio vs resume
RESKILLING FOR
FUTURE
Staying Relevant
The“perfect” time to start this is NOW!
How are others doing it?
IPL CAREER LABS ARTEFACTS
PREPARING YOUR CAREER TO SHIFT INTO NEXT ORBIT
CAREER LABS
ANALYZE STRENGTHS
PICK A CAREER DIRECTION
RESEARCH COMPANY/JOB/ROLES
BUILD NETWORKLAND INTERVIEW
CRACK INTERVIEW
BENCHMARK & NEGOTIATE OFFER
1
2
3
45
6
7
1. Strengths Finder Report
2. 1Pager Resume
3. LinkedInProfile
1. Career Anchors Report
1. List of Top 10 Target
Companies / Jobs/ Roles
2. Company Research Reports
1. Personal ElevatorPitch
2. Blogs on Social Media
1. Tell Me About Youself (TMAY) Video
2. Library of StockAnswers
1. Visual PDA (Portfolio of
Demonstrable Assets)
1. Negotiation Strategy &
Benchmark Data
Questions?
Pinkesh Shah
pshah@ipl.edu.in
Mid Career Transitions –
Plan, Invest, Make it Happen!
Additional Visuals
Entrepreneurship is different from
being an Entrepreneur.
Entrepreneur vs Intrapreneur
Entrepreneur is a digger
When will I get water?
Intrapreneur is a plumber
There is enough water,
Open the right tap!
Feel Uncomfortable with
your Comfortable Life
BUILDING THE PRODUCT &
BUSINESS PLAN
FINDING THE
RIGHT CHAMPIONS
COMPELLING
BUSINESS PLAN
EXECUTIVE BUY IN
SALES EXCITEMENT
ENGINEERING ENTHUSIASM
BU TO ULTIMATELY OWN
PROTOTYPE
CUSTOMER INSIGHTS
LATCHING ON TO
“KNOWN PAINS”
REVENUE/SALES
FORECAST
STRATEGIC OUTCOMES
EXIT PLAN
GETTING READY FOR THE CEO PITCH
The biggest difference between an
Intrapreneur and Entrepreneur
is whose money you’re risking.

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Mid Career Transitions Guide

  • 2. Most Recently Global Vice President Product Management McAfee, USA CTO Office, NetIQ Director of Engineering 15 years in Product Industry Angel Investor, Board Member of several startups Prof. Pinkesh Shah Faculty, Institute of Product Leadership pshah@ipl.edu.in
  • 3. Learning #1 Mid Career Transitions are like changing planes while in the air
  • 4. Understanding the feeling of being “stuck” 45% mid career professionals feel they are stuck – SHRM Survey 2016
  • 5. Learning #2 When your value in your company is higher than your value in the open market - you are possibly stuck!
  • 6. Learning #3 Hiring Managers look at Senior Professionals through 3 lens
  • 7. Learning #4 Demonstrable Skills weigh 80% more than Resume Skills.
  • 8. Learning #5 WHO YOU KNOW IS AS IMPORTANT AS WHAT YOU KNOW
  • 9. Learning #6 Balancing “your” T may not be enough
  • 11. Learning #7 Knowing != skill “Because every person knows what he likes, every person thinks he is an expert on user interfaces “ PAUL HECKEL
  • 12. Learning #7 FINDING THE RIGHT “GROOVE” INDIVIDUAL: Find your right Career Anchors FIRM: Maturity level of Org MARKET: Understand Global Trends FIRM LEVEL INDIVIDUAL LEVEL MARKET LEVEL
  • 13. career an occupation undertaken for a significant period of a person's life and with opportunities for progress /kəˈrɪə/
  • 14. career anchors is the evolving self concept of what: • you are GOOD at • your NEEDS and MOTIVES • VALUES that govern your work choices -MIT Research led by Edgar Schein
  • 15. CAREER ANCHOR ASSESSMENT REPORT READING YOUR REPORT Using the personalized psychometric test the result is a score across each career anchor TF5.8 GM6,2 EC3.2 AU7.5 4.2
  • 16. GET YOUR CAREER ANCHORS ASSESSMENT (WILL BE USED IN THE WORKSHOP) 1. Install the app “UAssess” (iOS, Android) 2. Login in using LinkedIn 3. Go to Menu and choose 4. Use Code 338266 5. Start the Assessment “Answer questions based on reality not future”
  • 17. TESTED ON 1000s OF SENIOR MANAGERS BASED ON MIT RESEARCH LED BY EDGAR SCHEIN TF GM AU SE EC SV CH LS CAREER ANCHORS Technical/ Functional General Management Autonomy Independence Security / Stability Entrepreneurial Creativity Service / Cause Pure Challenge Lifestyle
  • 18. TECHNICAL/FUNCTIONAL COMPETENCE ● WORK TO BECOME GURUS ● WORK ON HONING THEIR SKILLS ● LOVE COMPETENCY BASED CHALLENGES ● THRIVE ON CHALLENGE ● SEEK PROFESSIONAL ASSN. ● LOVE MENTORING OTHERS MOTIVATORS BENEFITS ● PEER RECOGNITION ● ABSOLUTE PAY ● THOUGHT LEADERSHIP CTO PRODUCT SPECIALIST ARCHITECT
  • 19. GENERAL MANAGERIAL COMPETENCE ● CROSS FUNCTIONAL SKILLS ● GENERALIST (balanced T-career) ● INTERPERSONAL SKILLS ● DECISION MAKING ROLES ● PROBLEM SOLVING ● MOTIVATING OTHERS MOTIVATORS BENEFITS ● PROMOTIONS ● RANKS ● SOPs PRODUCT MGR CEO BUSINESS HEAD
  • 20. AUTONOMY/ INDEPENDENCE ● NO RULES ● INDEPENDENT DELINEATED WORK ● CONSULTING/PROJECT WORK/PART-TIME ● FLEXIBLE EMPLOYMENT ● SELF MOTIVATED ● NO CONSTRAINTS MOTIVATORS BENEFITS ● IMMEDIATE PAYOFFS ● MEDALS/ TESTIMONIALS ● RECO LETTERS STRATEGY CONSULTING AGILE COACH PROD. MGMT. CONSULTING
  • 21. SECURITY/ STABILITY ● TENURED JOB ● STEADY PERFORMANCE ● FINANCIAL SECURITY ● JOB SECURITY ● CONFORMITY/LOYALTY ● PREDICTABLE FUTURE MOTIVATORS BENEFITS ● STEADY INCREMENT ● RETIREMENT PLANS ● RANK SYSTEMS OPERATIONS MANAGER HR MANAGER LARGE ORGS TCS/HCL
  • 22. ENTREPRENEURIAL CREATIVITY ● NEW PRODUCTS/BUSINESS ● CREATIVE CHALLENGE ● URGE TO CREATE NEW ● NEW IDEAS ● OPEN MINDED EMPLOYEES ● HIGH ENERGY LEVELS MOTIVATORS BENEFITS ● MAKING MONEY ● HIGH PERSONAL VISIBILITY ● BUILDING FORTUNES STARTUP FOUNDER ENTERPRISE HEAD PRODUCT CREATORS
  • 23. SERVICE/DEDICATION TO A CAUSE ● MAKE THE WORLD BETTER ● WORK-VALUES ALIGNMENT ● DESIRE TO SERVE ● MEANING AT WORK ● OPENNESS ● LIVING ONE’S VALUES MOTIVATORS BENEFITS ● SHARED VALUES ● FAIR PAY ● AUTONOMY TECH SUPPORT MENTORS PRODUCT EVANGELIST
  • 24. PURE CHALLENGE ● SELF TESTING ● OVERCOMING THE IMPOSSIBLE ● CHALLENGING ONESELF ● WINNING ● TESTING ABILITIES ● COMPLEXITY MOTIVATORS BENEFITS ● CHALLENGE ● BENEFITS ARE SECONDARY STRATEGY CONSULTANT MANAGEMENT CONSULTANT
  • 25. LIFESTYLE ● CAREER AS A MEANS TO LIFESTYLE ● FAMILY VALUES ● FLEXIBILITY ● WORK LIFE BALANCE ● FLEXIBLE WORK PATTERNS ● PERSONAL NEEDS MOTIVATORS BENEFITS ● MINIMUM GEOGRAPHICAL MOVEMENTS ● SABBATICALS/LEAVES FREELANCE DESIGNERS CONTRACT WORKERS EVENT/MARKETING MANAGERS SALES
  • 26. IN REALITY - CAREERS ARE COCKTAILS EC: ENTREPRENEURIAL CREATIVITY SV: DEDICATION TO CAUSE SOCIAL STARTUPS
  • 27. IN REALITY - CAREERS ARE COCKTAILS EC: ENTREPRENEURIAL CREATIVITY SE: STABILITY & SECURITY INTRAPRENEUR
  • 28. IN REALITY - CAREERS ARE COCKTAILS EC: ENTREPRENEURIAL CREATIVITY CH: PURE CHALLENGE DISRUPTIVE STARTUPS
  • 29. IN REALITY - CAREERS ARE COCKTAILS GM: GENERAL MANAGEMENT TF: TECHNICAL FUNCTIONAL R&D HEAD OF CISCO
  • 30. IN REALITY - CAREERS ARE COCKTAILS GM: GENERAL MANAGEMENT AU: AUTONOMY INDEPENDENCE CONFUSED ??
  • 31. Learning #7 FINDING THE RIGHT “GROOVE” INDIVIDUAL: Find your right Career Anchors FIRM: Maturity level of Org MARKET: Understand Global Trends FIRM LEVEL INDIVIDUAL LEVEL MARKET LEVEL
  • 32. Maturity Phases for R&D Centers Phase 1.0 Value Optimization Phase 2.0 Value Co-Creation Phase 3.0 Value Productizing FIRM LEVEL: Maturity of India R&D Centers
  • 33. MANAGING PROJECTS TO EXPERIENCES Deliver for Delight, Customer Centricity BUILD DEMONSTRABLE ASSETS Show portfolio vs resume RESKILLING FOR FUTURE Staying Relevant The“perfect” time to start this is NOW! How are others doing it?
  • 34. IPL CAREER LABS ARTEFACTS PREPARING YOUR CAREER TO SHIFT INTO NEXT ORBIT CAREER LABS ANALYZE STRENGTHS PICK A CAREER DIRECTION RESEARCH COMPANY/JOB/ROLES BUILD NETWORKLAND INTERVIEW CRACK INTERVIEW BENCHMARK & NEGOTIATE OFFER 1 2 3 45 6 7 1. Strengths Finder Report 2. 1Pager Resume 3. LinkedInProfile 1. Career Anchors Report 1. List of Top 10 Target Companies / Jobs/ Roles 2. Company Research Reports 1. Personal ElevatorPitch 2. Blogs on Social Media 1. Tell Me About Youself (TMAY) Video 2. Library of StockAnswers 1. Visual PDA (Portfolio of Demonstrable Assets) 1. Negotiation Strategy & Benchmark Data
  • 35. Questions? Pinkesh Shah pshah@ipl.edu.in Mid Career Transitions – Plan, Invest, Make it Happen!
  • 37. Entrepreneurship is different from being an Entrepreneur.
  • 38. Entrepreneur vs Intrapreneur Entrepreneur is a digger When will I get water? Intrapreneur is a plumber There is enough water, Open the right tap!
  • 39. Feel Uncomfortable with your Comfortable Life
  • 40. BUILDING THE PRODUCT & BUSINESS PLAN FINDING THE RIGHT CHAMPIONS COMPELLING BUSINESS PLAN EXECUTIVE BUY IN SALES EXCITEMENT ENGINEERING ENTHUSIASM BU TO ULTIMATELY OWN PROTOTYPE CUSTOMER INSIGHTS LATCHING ON TO “KNOWN PAINS” REVENUE/SALES FORECAST STRATEGIC OUTCOMES EXIT PLAN GETTING READY FOR THE CEO PITCH
  • 41. The biggest difference between an Intrapreneur and Entrepreneur is whose money you’re risking.