Wall Street Fallout: 5 Ways to Take Charge of Your Career Stability

My friend and radio show co-host Lindsey Pollak has a brand new blog over at Fast Company. Her first, post, 5 Ways to Take More Control of Your Career, comes at a perfect time as we all sit in shock over the demise of long-established, powerful financial institutions Lehman Brothers and Merrill Lynch.

Many people who would like to change careers don’t, and why? Because they believe that they are “safer” sticking with an organization that can provide for them in the long-term. But recent events have shown us that this is a myth, and in fact there is no better time to prepare yourself for a career outside your company box. Some wise tips from Lindsey include:

Be the first to know everything. Set up free keyword news alerts for companies, industries, products, events and people (including yourself!) related to your industry. This will ensure you’re the very first to know about — and then spread the word about — new products, new management and new business opportunities. People want to know people in the know.

Be a leader. Not advancing fast enough in your current position? Then create your own leadership track someplace else. Raise your hand to lead a committee for a trade association or a nonprofit board. Leadership in any organization or group adds to your experience, connections and reputation.

Don’t ignore the most obvious networking opportunity. College and grad school alumni networks are among your best lifelong connections. Attend reunions and events, offer to speak on panels, join online networks and send news to your alumni magazine.

Take a writing class. Wonder why the “I Judge You When You Use Poor Grammar” group on Facebook has almost 300,000 members? Even in the days of IM, texting and Twittering, writing and speaking skills still matter. Being a great communicator is like being the best dressed person in the room: it commands instant respect and admiration.

Be your own publicist. Success is not just about who you know; it’s about who knows you. Whenever you receive a mention in the media, win an award, get a promotion or close a major deal, announce it on LinkedIn or other professional social networks. Post your announcement with a great professional headshot and the news will spread even faster.

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