How Do I Make An Industry Change?

Question: Most of my career is in financial services. I want to get out of that industry and into healthcare. What is the best way to make this transition?

Making an industry change in this economy is difficult, unless you have one of those jobs in which the skills required are not industry specific. Meaning your skills and training are easily transferable to another industry. The issue you have to overcome is your competition for an opening will probably include people in the healthcare industry. Most companies will look at those with industry experience first.

The best way to make an industry change is through networking. You need to build relationships with people in the industry. To do this consider attending professional associations, joining networking groups in healthcare, attending trade shows or conferences and connecting with healthcare people in your local area via LinkedIn.  As they get to know you they will be able to determine how your strengths, outside the healthcare industry, can apply to the problems they need solved in their company. Recruiters and submitting resumes via ads are long shots.

There are some barriers you should think about overcoming when changing industries, assuming your skills are not easily transferable. The first one is compensation. Chances are you are more valuable in the financial services industry than healthcare. Therefore, the position will probably be at a lower level and so will the compensation. Secondly, some additional training and education maybe required.

To download the free chapter on Conducting an Effective Phone Interview from our book “This Is NOT The Position I Accepted” CLICK HERE and then click on the Free Search Resources link.

How effective is your job search?  If you are not sure, download our free 8 Matrix Job Search Self-Assessment Scorecard. CLICK HERE and then click on the Free Search Resources link.

I welcome your thoughts and comments.

Brad Remillard

bradremillard

About the Author

Brad Remillard is a founding Partner of IMPACT Hiring Solutions, co-author of "You're NOT the Person I Hired", and "This is NOT the Position I Accepted". Brad is an award-winning international speaker, retained executive recruiter, and expert on hiring and retaining top talent, and executive job search.

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