Changing industry

  • Karina’s advice on trying to move to a new role in a different industry: Karina successfully transferred from working at an investment bank to a finance and strategy role at the Estée Lauder Companies. She spoke to many people and eventually met someone who worked at the company she is currently at. Karina says that while you may not have experience in that specific industry or field, people can feel whether you have passion for that field and that is very important. When trying to meet people in the industry you want to work in, do not be afraid of simply reaching out to them, even if you don’t know them directly. Reach out to your second and third LinkedIn connections, your friends or your family friends, your university alumni networks. People are very open to speaking with you. However, it is important to be persistent – while people are generally very open about speaking and connecting with you, many people are short on time. You can approach these conversations as something that could be helpful to both parties – you find out more about what they do and hopefully teach them something based on your experience. Generally, day-to-day, listen to what people do – they may not be in the industry you want to move to but they may know someone who is. Being open to these meetings is important. Finally, give yourself time to find the job that you really want to do next. 

This is an excerpt from the post written by Experience Share, based on their interview with Karina Klocanas on 15/11/2020. Karina has 6 years of experience in finance and strategy. To see the entire post and listen to the audio, click here.

  • On changing industry and convincing your prospective employer: When you are thinking about moving to a different role, breaking out your current and prospective role into their respective components may actually reveal that the two jobs are a lot more similar to each other than you first thought. Figuring out the common required skills is the key to both understanding that you can do a different job and to convincing others that you’re a good fit for it. When you move to a different industry, one of the advantages you’re bringing to your new employer is a different perspective; you have different experiences and views to people who will have worked only in the one industry that you’re applying to, as well as unique complementary skills. When moving to his current role as a Financial Planning and Analysis manager at a 3D printing company, some of Boris’ complementary and transferable skills were that he understood how the public financial markets worked, what institutional investors look for, how to speak to Investor Relations teams; all of these could come in useful if the company ever wanted to raise money in the capital markets or go public. 

This is an excerpt from the post written by Experience Share, based on their interview with Boris Vilidnitsky on 10/11/2020. Boris has 15 years of work experience in IT, finance and entrepreneurship. To see the entire post, click here.