CareerSolutionsIndy

  Every October for the past few years, I have attended a presentation by a PhD Economist who discusses the global, national, and local economic outlook.     He’s a partner in ITR Economics, a national team of economic analysts.     I’ve seen his presentations for several years in a row now and seen how relevant they are.     A major part of his presentation includes the labor market.    He summarized the labor and recruiting outlook this way: •Disinflation on wages late in 2023 and in 2024  (rising salaries will level off) •Tight labor market for years  (no solutions for systemic labor problems) •It is all about the culture  (attracting next generation talent requires “caving in” to them) Because Career Solutions Group’s business is “Indiana centric” but also works nationally, I wanted to gather some additional perspective from very experienced corporate recruiters to gather their input on Indiana’s labor and recruiting. ...

 Since Chat GPT hit the internet last November, interest in generative artificial intelligence has exploded.  Even an old guy like me has experimented with Chat GPT, trying to use it for several parts of the business processes that I work with in business research & human resources analysis.  My results make me realize that parts of processes that used to take hours can be trimmed down to seconds.  And, I will admit that I might not be the most creative thinker so maybe my own tests are just scratching the surface of the potential. In addition to my own experimentation, I talk with those having more expertise in digital technology in industry and also in university settings - computer science / cyber security students at Purdue , management consultants in IT, and I appreciate the reporting & analysis on AI from The Economist . I'm very eager to use AI to make my work and life easier.  I've seen just some of the tremendous potential.  And while I do...

Entrepreneurs sometimes have a challenge “replacing themselves” or delegating key responsibilities to a member of their executive team.   Career Solutions for Owners is our management consulting service to help a founder / owner / CEO  develop a role & job description to fill  a key position in their company.    We call this a “career solution” for an owner because we see every entrepreneur’s ultimate goal being to build a company that they can walk away from and the business still profitably functions as if they were there.   Situation Summary The Founder/Owner of a $20 million revenue game designer and distributor needed to hire its first Controller.    The business had double digit growth for over five years and was growing beyond the Accountant’s capabilities.    The Founder/Owner had already made the decision to remove himself from the day-to-day operational leadership of the company by hiring an experienced President/COO....

Owners and Entrepreneurs sometimes have a challenge “replacing themselves” or delegating key responsibilities to a member of their executive team.     “Career Solutions for Owners” is our management consulting service to help a founder / owner / CEO  develop a role & job description to fill  a key position in their company.    We call this a “career solution” for an owner because we see every entrepreneur’s ultimate goal being to build a company that they can walk away from and the business still profitably functions as if they were there.  And that happened in this situation for the owner. Situation Summary The Owner / Founder of a metal fabricating and CNC machining solutions contract manufacturer in Brownsburg needed to upgrade the production management talent in his $5mm revenue plant.    Because of the quick turn times for this contract manufacturer, he needed a Production Manager who could manage the production workflow in a fabric...

Entrepreneurs sometimes have a challenge “replacing themselves” or delegating key responsibilities to a member of their executive team.   Career Solutions for Owners is our management consulting service to help a founder / owner / CEO  develop a role & job description to fill  a key position in their company.  We call this a “career solution” for an owner because we see every entrepreneur’s ultimate goal being to build a company that they can walk away from and the business still profitably functions as if they were there. One Owner / Founder / CEO that Career Solutions worked with had already created a senior leadership role reporting to him, but needed to replace a long time employee (and friend) who moved into retirement. Key Position: GM/Engineering Manager - $10mm boat seating manufacturer Situation Summary: The Owner/Founder/President of a boat seating manufacturing business with sixty employees needed to hire an experienced General Manager / Engineering Ma...

Career Solutions Group ’s value to small and mid-sized corporations is to identify and reach “passive candidates” or people not actively on the job market.    In reaching the “untapped talent pools”, Career Solutions has the opportunity to engage a potential candidate with a job or career opportunity on behalf of our clients and before competition is engaging them. In 2023, Career Solution’s Researchers reach the “untapped talent pools” in three ways:   •Identifying and recruiting candidates who aren’t online •Attracting candidates to career shift by market or geography •Identifying and targeting candidates affected by a future RIF. Potential Candidates NOT on the Internet Depending upon the industry, there are many potential candidates for open positions that never see online job postings.    From Career Solutions’ work in talent markets in many industries, we would say Manufacturing may have the most people without any internet profile.   Accord...

I’m rebooting this blog post form 2011 because I feel it is just as relevant in 2023 as it was over a decade ago.  Now as a wave of early retirements hits our economy post-pandemic, employers have a great opportunity to try to attract early retirees to a “second career”.   In counseling many 30 and 40 year professionals, I recommend that they take some time off when leaving a “first career” to consider a wide range of choices and options.  Are there things that you’ve always wanted to do but never did?  Now many be the time.   •Consider buying a franchise or an existing business.   •Consider consulting in your previous industry. •Consider taking a lower level position in a completely new industry. http://careersolutionsgroup.blogspot.com/2011/04/is-second-career-talent-being.html SATURDAY, APRIL 30, 2011 Is "Second Career" Talent Being Underutilized? Listening to  HBR Ideacas t host Sarah Green's interview with Marc Freedman, author of  "The Big S...