ALUMRISE

Blog readers: I wanted to share the news that in case you aren’t already a member, we recently launched our Facebook Fan Page and our ALUMRISE Twitter presence. I’m sharing below the note I authored to thank our growing fan base, because it tells a story about where we are and where we are going that you may enjoy reading, and that I hope you take the time to react to it, by leaving us a comment.

This was published to our Fans Friday June 12, 2009 … July and our full media launch are just around the corner. These are exciting times for me personally, and for our dedicated team.

Facebook Note: June 12, Authored by Aassia Haq, CEO & President - ALUMRISE Inc. “Thank you for taking the time to join ALUMRISE’s Facebook Fan Page. We’re happy to welcome you to a space where you can learn about upcoming benefits and changes to our application and come along with us on an exciting journey. We’re excited to see our membership grow with every passing day.

When ALUMRISE first began evangelizing its vision and predictions for the workforce — we privately shared with key leaders at major Fortune 500 entities, organizations and partner firms, the thought that the workforce was on the verge of an elemental shift. The shift was to be driven by changes in demography – growing workforce populations either entering a new post-corporate, retirement lifestage, taking time off in the middle to raise children or care for aging parents, or the plethora of new workers who would believe that work and life should somehow more flexibly, fluidly fit better together. We also shared the view that organizations would radically change how they hire and find professionals to get work done. We got a lot of attention and some raised eyebrows.

Fast forward to today. Even to our prescient team and focused application developers, the reality of the vision surprises us. Work contracts are every day shifting from fixed to flexible. Organizations are hiring in a variety of ways, from a variety of professional and lifestage backgrounds, to fill an ever-changing set of business goals. They seek functional competency, flexibility, and more simple real-time access to the professional marketplace. The full time job is changing into jobs of all shapes and sizes.

And, instead of the 15 million we estimated initially for our ALUMRISER population of professionals outside the workforce in the U.S., today the actual number is closer to 30 million not formally employed, but still seeking opportunity and projects or jobs that fit.

We are here to serve each and every one of you better and look forward to sharing some big and exciting news and key application updates as we complete a full splashy media launch this summer.

Is the summer of 2009 the end of work as we know it? Or the beginning of a process that takes each of us – employer and professional - one step closer to a work life that works?

Whether you’re hiring or seeking, we hope that you find that our unique ALUMRISE profile, our fitting search that matches on a variety of important criteria in a simpler way, and our two-way marketplace connectivity, deliver on our simple vision that when jobs fit better, life just works better.

If you could be served by joining ALUMRISE (it’s free), or know someone else who could benefit from our platform or many private organizational offerings, please do share us on – email, Tweet, share our blog, or send an ALUMVITE from our marketplace itself – because every little bit helps our company. Our team (do check out our new digs in the Photo section!) comprises members of the workforce we seek to serve – experienced executives who have moved beyond traditional corporate roles; young mothers juggling work and family; midcareer flexers seeking a new balance; and professionals coming back on track after a circumstantial exit beyond their control. That is what makes us authentic and what will make us succeed in helping each and every one of you.”
- Aassia

Ps: We’d love to grab our vanity URL for Facebook, so please do help us reach 1,000 members so that we can be www.facebook.com/ALUMRISE to each of you. Invite or spread the word on your page – if each of you invites 10 friends, we’ll get there before we know it. (And yes, we already submitted our “hold” on our handle and have heard back from the Facebook team).

Thank you to those who have followed our blog, noted and commented on our vision or shared a unique perspective. We value you and will continue to blog to provoke your thoughts and comments. Perhaps you’d like to be a guest blogger too, like our friend Libby Sartain? If so, please send a note to us we’ll work to make it happen.

John Challenger, CEO of Challenger, Gray & Christmas

Last week, I was invited by a thoughtful outplacement industry leader, to attend a breakfast to hear some data and insights about today’s talent economy.

Over some scrambled eggs and fruit, I had the chance to hear from research firm Birkman about the results of a multi-year leadership/talent survey and to also hear from John Challenger, the CEO of venerable outplacement firm Challenger Gray & Christmas. Mr Challenger shared some personal hiring landscape insights and observations. (If you have not had a chance to hear Mr. Challenger speak or read one of his columns, I highly recommend it.)

With many today wondering what the hiring future holds, I wanted to share the morning’s key themes with members of our ALUMRISER network - which today includes both C-Level executives as well as many experienced middle managers seeking new opportunities. At the end of this post, I’ll also share some personal take-aways and implications.

Another One Bites the Dust: The landscape is changing – and it will take time to return to traditional hiring patterns

• Many companies are freezing salaries, or even taking across-the-board salary cuts — in some cases up to 30-50%; Others are mandating strategies like a 4-day workweek. The silver lining to the extreme moves? They are in most cases alternatives to layoffs — and designed to keep valued talent close. Midsize companies are more likely to use these tactics today, possibly because they are more lean and more dependent on key talent inside their ranks
• In contrast, large companies are actively considering severances; in fact, up to 67% of leaders at large enterprises (>5,000 employees) surveyed by Birkman, suggested they would use job cuts as a cost strategy in 2009. (The full White Paper results can be downloaded here – select “Business Implications of the New Reality.”)
• A “second wave” of impacts will now affect industries outside financial services & automobiles – impacted will be retail, technology, electronics, semiconductor and wireless among others

Jack be Nimble: Executives and line managers alike must think differently about job search

• It’s time to consider opportunities that would once have been off-limits, such as part time or “audition” positions if you are an experienced business person – the market may not support quick re-entry into a full time position 
• It’s an era that Mr. Challenger describes as one of “no fault job loss” which means companies will be quick to cut, so the ability to move across industry lines will be ever more important
• The willingness to cross-over by marketing functional skills and fungible talents will be a key to success in this economy; seek positions in sectors and geographies where hiring is still happening (apparently discount retail and hospitality and consumer goods as areas that may weather better, in addition to core healthcare and education)
• Titles that will be particularly affected by layoffs are professional support and middle management. Those roles of a more senior level; those of a more technical nature or in sales are less likely to be hit, reported Birkman as part of their survey results

I Heard It Through the Grapevine (Online): Job loyalty is being replaced by a free agent mentality, so both talent and companies will have to foster “outside the employment door” relationships using technology as an enabler

• For talent, retaining connections to former employers is a key way to renew and revive career opportunities – using either formal or informal alumni or career networks
• For companies, investing in long-term talent relationships is a key driver of longer-term success, as they are forced to swing employment patterns based on larger, uncontrollable macro-trends leading to job cuts and rehires- Challenger specifically recommends building privileged relationships that retain flexible connection using online community and networking formats

Are you an ALUMRISER?

ALUMRISERS - My take-aways and implications:

1. Don’t over-think opportunities – be open to a variety of job contracts including part time or temporary as well as newly engineered positions – ALUMRISE understands that today you are competing with millions of other job-hunters as well as a growing stream of income-seekers returning to the workforce to support displaced family members – so look hard at each and every message of interest. Your profile helps position you for a variety of types of interest – job, project, mentor/coach, board, etc. So get into action/contribute and meanwhile, enjoy the time life has given you back, either in your job hunt or after-hours in a (hopefully) less intense position that allows time for self-reflection.

2. Look hard at your functional skills & understand exactly which your fungible or transferable skills are. ALUMRISE can do this for you – by answering the few simple questions that create your profile you are in essence creating a ‘functional resume’ making it easier for you to found for a transfer between industries or sectors … your experience tells the tale for you to hiring mangers and recruiters within an ALUMRISE profile

3. Understand companies you’d wish to work for, and try to develop access to their existing networks or online networks they create. ALUMRISE is building private platforms for companies to stay connected to former talent that live inside the broader ALUMRISE Universe .. Once a member of ALUMRISE you can request to join relevant networks related to your experience and skills … Stay tuned for more on that.