BEST PRACTICES FOR EVALUATING FELLOWSHIP OR JOB OPPORTUNITIES Business Plan for “You, Inc.”

BEST PRACTICES FOR EVALUATING FELLOWSHIP OR JOB OPPORTUNITIES

Business Plan for “You, Inc.”

Format for Business Plan

A. Summary1. Who, What , Where, When, Why and How2. How do these opportunities help you be the person

you desire to be3. Identify conflicts of interest or negative reasons4. not to take the position5. 4. Identify contacts who can be helpful in the search6. 5. Review potential challenges and benefits

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 realize3. Values: 203 values describing you4. Research/compare personal and corporate

MVV5. Research current and recent news articles6. Network with individuals who know7. How do these opportunities allow you to

realize your career objectives8. No perfect fit!

Business Plan (cont’d)

D. Opportunity Assessment1. What do you plan to accomplish by

taking one of these opportunities?2. Constraints of your experience: Your

Professional Portfolio3. External Assessment

a. Location, size of entity, communityb. SRPH/MHA experience c. Application and decision

processes

Business Plan (cont’d)

d. financial strengthe. educational commitment

4. Personal Assessmenta. Your skills compared to the entityb. Your academic work and prior

work experience5. Review available information 6. Research and rehearse questions for you

to ask when chance presented7. Respond to questions with longitudinal view; show job growth/engagement

Business Plan (cont’d)

E. Opportunity Considerations1. Employment offer/terms/contract2. Licensure, certifications required 3. Professional Credentials required4. Opportunity to stay on and grow5. Does this help your career journey6. Visa issues, if any7. Salary, benefits, relocation expenses

Business Plan (cont’d)

F. Resource Analysis1. What do I have to do to get this Job or

Fellowshipa. Resumeb. Cover Letterc. Applicationd. Referencese. Personal and Professional Network f. Scan sources and referralsg. Secure Interviews, phone/SKYPE, on site, etc.

Business Plan (cont’d)

h. Contacts and referencesi. “Elevator” presentationj. How to get past the screening

mechanismsk. “Closing Argument” for the cover

letter and the interview l. Polish interview skillsm. Personal statement preparationn. LinkedIn or Plaxo connections

Business Plan (cont’d)

o. Social media concernsp. Credit Checksq. “Distinguishing” characteristic

identification and discussion2. Preparation

a. Research structure( for/not for-profit, academic, religious, etc.)

b. Accreditation historyc. Quality and patient safety standardsd. IRS 990 and Schedule H formse. Schedule 10-K

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 Preparationa. Rehearse and practiceb. Rehearse interview questions,

modeling out answers with a close colleague who will be critical

c. Mock or Practice interviews (MIRROR)

Business Plan (cont’d)

d. Clear and concise statements of of your work; examples; howyou can solve problems

e. Questions for you to ask interviewers

f. Have “feel” for what the employeris looking for in the person

g. Respond with a longitudinal view to

answers; “One Trick Pony”

Business Plan (cont’d)

G. Marketing “Your Brand”1. Personal Brand

a. Professional Portfolio Resourcesb. Resume tailored to the opportunityc. Cover Letter tailored to the opportunity

2. Determine Brand or trademarka. How are your perceived?b. How do I want employers to see me?c. Differentiate yourself

Business Plan (cont’d)

3. Spread the worda. Business related networksb. Your own websitec. Communications strategy (ies)d. Get past the screeners?

4. Live and breathe the Branda. Offline behavior is consistentb. Collaboration/Volunteer for projectsc. Make known among those who need

to know you

Business Plan (cont’d)

5. Resume, LinkedIn, etc. match upH. Communications Plan

1. Target audiences2. Channels of communications

a. Phoneb. Electronic mailc. Regular/overnight maild. Textinge. Business media (LinkedIn, etc.)

3. Attention to Timelines

Business Plan (cont’d)

4. Feedbacka. Friends, colleaguesb. Search Consultantsc. Interviewersd. Act on this!

5. Thank You letters for Interviewersa. Handwrittenb. Electronic

Business Plan (cont’d)

I. Costs of the SearchA. Anticipate costs of overnight mail vs. electronic B. Get guidance about airfare, hotel and other expensesC. Ask; don’t guess or assume!

Business plan(cont’d)

J. Challenges and Consequences1. What does getting this mean in terms

ofrelocation costs, housing search, family disruption, etc.

2. What does not getting this meana. Next stepsb. What can I do betterc. What other opportunities are

there

Business Plan (cont’d)

3. Multi-tasking v. Uni-Directionala. Cannot do a single search at a timeb. Many contacts at the same timec. 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 job3. 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

Business Plan (cont’d)

L. Follow up Issues1. Questions about the next steps

a. More applicants to interviewb. Decision time framec. Follow-up plans

Business Plan (cont’d)

M. Selected Tools1. Personal Mission, Vinson, and Values

Template2. Longitudinal Resume3. 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 Commandments5. Avoidable job Search Mistakes

Business Plan (cont’d)

N. Unique Characteristic1. Determine one unique characteristic you

want the interviewer(s) to know and remember.

a. Interject that in the interview andrefer 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.

Business Plan (copnt’d)

2. 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)

Business Plan (cont’d)

Questions