Risk Managing for Student Job Hunting 101

Risk Managing for Student Job Hunting 101

Riskope thanks Henry Thompson for this contribution.

Currently, there are a bunch of college graduates out there thinking, “Now what?” This is a typical question in today’s no-holds-barred international job market that’s got students asking themselves if they ever should have gone to college at all.

Changing Job Hunting Pain to Favorable Gain

Because some grads don’t know what to do next after acquiring their diplomas, locating ideal, career entry-points can be a nerve-racking adventure; however, finding the right job can also be one of the most gratifying journeys in a person’s life.

Risk Management Works!

If folks could simply add some fundamental risk management concepts (such as understanding the differences between Hazard, Risk, Probabilities, manageable and unmanageable risks) or by learning what are the 20 Rules for good Risk Assessments), before taking the imperils out of employment shopping before they hit the sidewalk, odds are that unexpected frustrations would turn up less, and opportunities would occur more.

Have no fear, Degree Jungle risk management students are here. A team of college graduates who located their Risk Management programs online through the Degree Jungle database recently convened to put their scholastic training to work.

Let’s see how they applied some basic risk management principles for obtaining optimal job searching results!

Show Off Individual Value (Creating Value)

Whether folks know it or not, they possess valuable skill-sets and abilities. The secret is to promote (valuate) these characteristics in a manner that attracts interested employers.

During every single step in the employment-searching process (application-resume-interview) one needs to flaunt the positive outcomes and one-of-a-kind advantages that a company will receive giving them the thumbs up; people should also emphasize how they stand apart from the rest of the pack too. JUST do not expose yourself with wrong claims!

Build An Effective Job Quest Plan of Action (POA) (Risk-Reduction Organizing)

Good planning is a vital key to locating work faster. The occupation search process is lengthy; it’s loaded with disparities; and it has no conclusive end date. Keeping organized suggests establishing a plan of action (POA) and carrying it out in a synchronized fashion. More specifically, a POA needs to be a series of habits that enables individuals to control their time productively and to center their initiatives on the highest-value endeavors.

• Establish objectives and evaluate hazards.
• Prioritize activities and upside/downside risks.
• Get rid of distractions.
• Use the correct job hunting tools.
• Develop a schedule.
• Keep confident.

Steer Clear of Occupation Decision-Making Traps(Decision Making)

 Making the best choices for the appropriate reasons is what this is all about. Occasionally, folks enter psychological snares when making huge career choices. Have a look at some the “DO NOT DOs” for making exceptional career decisions:

•  DON’T do what everybody else is doing: “All my colleagues applied there, so I will too.” The likelihood of winning in an overcompetitive market are slim.
•  DON’T end-up being overloaded with options: I have no idea what I want to do, so, I’ll just pick any offer.” People that do so generally do not have clear ideas about their risks environment. They should at least consider the risks associated with each option to help discerning the best alternative.
•  DON’T overlook the chances of success: “Aeronautic careers are easy to locate for civil engineer graduates.” Same as above.
•  DON’T overrate strengths, skill-sets or education: “I was ‘summa cum laude’, so, I can find a work just about anywhere.” Very similar to “ we are too big to fail” (one of the 16 common traits.)
•  DON’T enter the Status Quo: “I don’t really love this offer, but at least I’ll be employed. People that do so generally do not have clear ideas about their risks environment, and do not understand the upside risk of opportunities.

Consider all Opportunities(Address Assumptions)

Job hunting is hard, but many people make it a lot more challenging by searching under inaccurate expectations and not evaluating the upside and downside risks, costing them a potential career. Likewise, assumptions can end up being career change assassins. Just because an individual acquired a degree in Music does not imply that he or she can’t get a job as an executive in the industry. Athletes can turn into entrepreneurs, and accountants can work in law offices too.

Don’t ever assume, and regularly take a look at Plan B, Plan C, and Plan D in a positive manner, which minimizes the risk of not snagging interviews.

Often revise the POA (Reassessment)

Is it time to reassess an employment search POA? It’s easy to get disappointed, particularly after folks have been in-and-out of interviews for a while. However, not gaining ground could indicate that a person may need to reflect on their job search plan of action. Have a look at a few of the “time-to-reassess” signals listed below to see if they strike a nerve:

Recruiters never call back: redesign resumes and cover letters.

Lots of job interviews, but no proposals: reassess job interview skill-sets.

Concentrating on the occupation, and not on the firm: customize hunts to target unique businesses.

Naive to web behavior: HR recruiters do Google applicants, and they check out their Facebook pages too.

Depression is kicking in: If individuals begin to feel disheartened, cheer up and volunteer to fill time and boost visibility.

Tagged with: Creating Value, Individual Value, Job Hunting, opportunities, Plan of Action, risk management concepts, Risk Management programs, Risk-Reduction Organizing

Category: Risk analysis, Risk management