Generational Patterns – Looking ahead at 2020

Whether you’re just beginning your career or considering a change in your professional workplace, 2020 looks to be a promising year for job seekers across the country.  According to The US Bureau of Labor Statistics, projections are showing 20.5 million new jobs will be added in 2020 with an additional 5.5 million replacement jobs becoming available. Many of which resulting from baby boomer retirements.

Consistent Increase in Baby Boomer Retirements.

Did you know that in most recent population projections from the U.S Census Bureau, millennials are projected to overtake boomers in the workforce by 2021?  As one generation nestles into retirement, we’re seeing the balance tip towards new job opportunities for Americas 20-35-year-old professionals.

Is High Education the Only Way?

When our team reviewed job postings by title and education attainments, the stats reflected a relatively fair split across all matters of educational achievements.

  • 35 percent will require at least a Bachelors degree.
  • 30 percent will require some college or an Associate degree.
  • 35 percent not requiring education beyond high school.

In addition, the data also reflected that among the fasted growing occupations the highest-paid do require higher levels of education.  

Relating back to The US Bureau of Labor Statistics findings; among the 30 fastest growing and highest-paid occupations are Market Research Analysts and Marketing Specialists with a 41.2 percent projected increase in 2020 and Biomedical Engineers with a 61.7 percent projected increase in 2020. Both of these occupations require a Bachelor’s degree for almost all entry-level positions.

See the full list here https://www.bumc.bu.edu/gms/files/2012/02/Top-30-fastest.pdf 

Cause & Effect

Does this data link back to the high-volume retirements of boomer-aged professionals? Consider how the aging population requires a greater focus on health issues which drive demand for better medical devices, equipment, data analysts and sales forces. Seems to us like a societal representation of cause and effect in its truest form.

At any rate, there’s never been a better time to review your cover letter, resume and LinkedIn profile to consider what professionally written updates can be made to land you in front of a great opportunity in 2020.

Every career change is unique and our team at Power Writers Canada is here to help you along the way with Resume Writing Services, Cover Letter Writing, and LinkedIn Profile Updates.  Contact us now for a free consultation and resume evaluation!

5 Key Skills for General Manager Success

Any of us working in large or small organizations will attest to the high-value a good General Manager can bring to daily workflow. Although the title itself is very diverse, the executive role of a GM is to plan and execute an umbrella-like influence on business strategies throughout the organization. GM’s are business leaders positioned to assess the health of their market and to align appropriate growth strategies while simultaneously playing an essential role in delivering a delightful experience to customers and gracefully representing the company’s mission.

Jack of all trades and master of EVERYTHING.

We conducted a search for current executive employers seeking General Managers on LinkedIn and began to see patterns pertaining to key skills flagged as necessary for the recruiting and hiring process.  The data also reflected some ideal personality traits associated with successful GM leaders. Individuals with a tendency towards naturally optimistic attitudes achieve as GM’s as do industry leaders with a genuine sense of compassion toward their team. Powerful critical thinkers with instinctual abilities to review and act according to live situations are born for this role.

Check out our active search data here: https://www.linkedin.com/jobs/search/?keywords=general%20manager

5 basics of general manager success

Whether your focal industry is retail, hospitality, food & beverage or running a multi-million-dollar hockey team, mastering these 5 skills can help you dive deeper into a successful leadership experience.

  1. Shaping the Work Environment – every company has its own individual work atmosphere which becomes the framework of which the new GM builds strategies.  These are the performance standards that dictate the pace and efforts from all employee’s, they are the business concepts that define the company’s operations and they are the key items that define the overall experience of employment with the company.  The details of these environments are never out of sight for a quality General Manager.
  2. Crafting a Strategic Vision – since the General Manager is the main executive who can commit the entire organization to an absolute strategy, the best GMs are invariably involved in the strategic formulations. They are actionable in approach to leadership rather than just presiding over their team at arm’s length.
  3. Marshaling Resources – allocating resources to support competitive strategies is a cornerstone of the GM role. This high-value operating technique maintains the company’s economic health and allows the company to produce high returns. The name of the game is an absolute focus on strategy.  For you to master this ability on a 360-degree perspective will aide you to gaining an important competitive edge.
  4. Developing Star Performers – The talk then comes to building an optimum team.  Everyone knows how important it is to attract talent, develop them quickly and keep the team challenged and pointed in productive directions.  Yet it’s a struggle to hire those that can make the calls when restructuring is in the company’s best interest.  Lack of management talents ranks at an equal degree to low standards as a cause of poor performance.  Making tough people decisions while nurturing the strongest aspects of your team is vital to success in the GM occupation.
  5. Up and Running – Strategies have been researched, formulated and educated across the organization and now the GM ‘s gaze looks to the supervising of operations and the particular implementation. GM’s are very detail-oriented with a heavy focus on result-based disciplines. Their operating plans are not merely goals, but actual commitments made to themselves and the company that hired them. A keen sense of an organization’s operational capabilities separates top GM’s from their less able executives.  
Job industry leaders instill in their people a hope for success and a belief in themselves.

These 5 responsibilities don’t tell the whole story, of course. Leadership skills and the GM’s personal style and experience are important pieces of the whole picture. However, focusing effort in these areas will help any GM become more effective. And that should mean making the right things happen faster and more often—which is what you want to achieve.

Every career change is unique and our team at Power Writers Canada is here to help you along the way with Resume Writing Services, Cover Letter Writing, and LinkedIn Profile Updates.  Contact us here for a free consultation and resume evaluation.