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Business Plan for “You, Inc.”

Business Plan for “You, Inc.”. Best Practices for Evaluating Fellowship or Job Opportunities. Format for Business Plan. Summary Who, What , Where, When, Why and How How do these opportunities help you be the person you desire to be Identify conflicts of interest or negative reasons

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Business Plan for “You, Inc.”

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  1. Business Plan for “You, Inc.” Best Practices for Evaluating Fellowship or Job Opportunities

  2. Format for Business Plan • Summary • Who, What , Where, When, Why and How • How do these opportunities help you be the person you desire to be • Identify conflicts of interest or negative reasons • not to take the position • 4. Identify contacts who can be helpful in the search • 5. Review potential challenges and benefits

  3. Business Plan (cont’d) B. Brief description of “You, Inc.” C. Relationship between MVV and Career Objective 1. Mission: What drives you to lead? 2. Vision: Role you aspire to realize 3. Values: 203 values describing you 4. Research/compare personal and corporate MVV 5. Research current and recent news articles 6. Network with individuals who know 7. How do these opportunities allow you to realize your career objectives 8. No perfect fit!

  4. Business Plan (cont’d) D. Opportunity Assessment 1. What do you plan to accomplish by taking one of these opportunities? 2. Constraints of your experience: Your Professional Portfolio 3. External Assessment a. Location, size of entity, community b. SRPH/MHA experience c. Application and decision processes

  5. Business Plan (cont’d) d. financial strength e. educational commitment 4. Personal Assessment a. Your skills compared to the entity b. Your academic work and prior work experience 5. Review available information 6. Research and rehearse questions for you to ask when chance presented 7. Respond to questions with longitudinal view; show job growth/engagement

  6. Business Plan (cont’d) E. Opportunity Considerations 1. Employment offer/terms/contract 2. Licensure, certifications required 3. Professional Credentials required 4. Opportunity to stay on and grow 5. Does this help your career journey 6. Visa issues, if any 7. Salary, benefits, relocation expenses

  7. Business Plan (cont’d) F. Resource Analysis 1. What do I have to do to get this Job or Fellowship a. Resume b. Cover Letter c. Application d. References e. Personal and Professional Network f. Scan sources and referrals g. Secure Interviews, phone/SKYPE, on site, etc.

  8. Business Plan (cont’d) h. Contacts and references i. “Elevator” presentation j. How to get past the screening mechanisms k. “Closing Argument” for the cover letter and the interview l. Polish interview skills m. Personal statement preparation n. LinkedIn or Plaxo connections

  9. Business Plan (cont’d) o. Social media concerns p. Credit Checks q. “Distinguishing” characteristic identification and discussion 2. Preparation a. Research structure( for/not for-profit, academic, religious, etc.) b. Accreditation history c. Quality and patient safety standards d. IRS 990 and Schedule H forms e. Schedule 10-K

  10. Business Plan (cont’d) f. Research individuals associated with the organization g. Research current and recent news events about the organization and individuals associated 3. Interview Preparation a. Rehearse and practice b. Rehearse interview questions, modeling out answers with a close colleague who will be critical c. Mock or Practice interviews (MIRROR)

  11. Business Plan (cont’d) d. Clear and concise statements of of your work; examples; how you can solve problems e. Questions for you to ask interviewers f. Have “feel” for what the employer is looking for in the person g. Respond with a longitudinal view to answers; “One Trick Pony”

  12. Business Plan (cont’d) • Marketing “Your Brand” 1. Personal Brand a. Professional Portfolio Resources b. Resume tailored to the opportunity c. Cover Letter tailored to the opportunity 2. Determine Brand or trademark a. How are your perceived? b. How do I want employers to see me? c. Differentiate yourself

  13. Business Plan (cont’d) 3. Spread the word a. Business related networks b. Your own website c. Communications strategy (ies) d. Get past the screeners? 4. Live and breathe the Brand a. Offline behavior is consistent b. Collaboration/Volunteer for projects c. Make known among those who need to know you

  14. Business Plan (cont’d) 5. Resume, LinkedIn, etc. match up H. Communications Plan 1. Target audiences 2. Channels of communications a. Phone b. Electronic mail c. Regular/overnight mail d. Texting e. Business media (LinkedIn, etc.) 3. Attention to Timelines

  15. Business Plan (cont’d) 4. Feedback a. Friends, colleagues b. Search Consultants c. Interviewers d. Act on this! 5. Thank You letters for Interviewers a. Handwritten b. Electronic

  16. Business Plan (cont’d) I. Costs of the Search A. Anticipate costs of overnight mail vs. electronic B. Get guidance about airfare, hotel and other expenses C. Ask; don’t guess or assume!

  17. Business plan(cont’d) J. Challenges and Consequences 1. What does getting this mean in terms of relocation costs, housing search, family disruption, etc. 2. What does not getting this mean a. Next steps b. What can I do better c. What other opportunities are there

  18. Business Plan (cont’d) 3. Multi-tasking v. Uni-Directional a. Cannot do a single search at a time b. Many contacts at the same time c. Rules of thumb i. Don’t stop until in the office K. Implementation Plan 1. Results: You're selected/hired 2. First day on the job 3. If in the first year I have exceeded your expectations, what will I have done? 4. Additional personal/professional goals set? 5. Key personal/professional monitors to judge results set

  19. Business Plan (cont’d) L. Follow up Issues 1. Questions about the next steps a. More applicants to interview b. Decision time frame c. Follow-up plans

  20. Business Plan (cont’d) M. Selected Tools 1. Personal Mission, Vinson, and Values Template 2. Longitudinal Resume 3. Questions You Should Ask The Interviewer(s) a. Is there anything you are wondering about my candidacy that I can further clarify? 4. Cover Letter Model and 10 Commandments 5. Avoidable job Search Mistakes

  21. Business Plan (cont’d) N. Unique Characteristic 1. Determine one unique characteristic you want the interviewer(s) to know and remember. a. Interject that in the interview and refer to it several times in the discussion b. As you wrap up the interview, reference this unique characteristic. c. You want them to remember you for this characteristic.

  22. Business Plan (copnt’d) Like a lawyer presenting the case to the jury: a. Opening statement (what I am going to prove to you) b. Presentation of facts (interview back and forth) c. Closing statement (what I have proved to you)

  23. Business Plan (cont’d) Questions

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