You need multiple targets to do the following:
- Ensure that the total market of positions you are going for is large enough to sustain your search
- Give you flexibility if the hiring in any one target is slow, declining, or volatile
- Allow you to have alternative options if your search in one target stalls
You want a large job market in your target. This doesn’t mean a large number of openings, but rather a large number of people working in that job. The Five O’Clock Club, a national career-coaching firm that has analyzed statistics on thousands of job seekers over twenty-five years, recommends two hundred active jobs as a sign that the market is large enough. [1] This does not mean two hundred job openings are posted and confirmed as needing to be filled. These are are two hundred jobs, where some of these jobs will be filled and others will be vacant. The idea is that with a total of two hundred jobs or more, there will always be enough vacancies to support a search.
Remember the art museum example in the first section? If your search target is fund-raising in art museums in Minneapolis, you want to see how many art museums there are and check whether they are big enough to need a fund-raiser at your level. You don’t need to identify two hundred art museums because some might need several fund-raisers (e.g., one for individual gifts, one for corporate gifts, one for grants, etc.). But you want to make sure there are two hundred positions. It is unlikely that any city will have two hundred art museum fund-raiser jobs, so this target is too narrow. You might keep
Minneapolis and fund-raising constant but want to add art galleries, artist support agencies, and art schools to your target definition. Arts as an industry is too broad; art museum is too narrow. You want to be in-between. If the number of visual arts organizations still isn’t high enough to support a search, you might broaden to performing arts, or you might add a different area altogether, say education. Now you can target fund-raising jobs in art museums and education organizations. (Remember that education needs to be broken down, as the arts were. Are you targeting schools themselves, government agencies or nonprofits that work with schools, or after-school programs?)
Another advantage of multiple targets is that it helps with timing if any one target is on a downturn with hiring. If you are a student looking for a full-time job after graduation, different companies recruit on different calendars. Banking and consulting firms recruit at the beginning of the academic year, but most other industries recruit in the spring or close to graduation. You might decide to focus on banks or consulting firms when they are active but add additional companies of interest later on.
Finally, having multiple targets broadens your options, thereby keeping momentum in your search and giving you more leads to pursue. Let’s say that your ideal target function is fund-raising, but your experience and skills to date have been more in public relations. You might keep arts as a focus (specifying subcategories to narrow your search enough but not too much), and you might look at PR jobs, as well as fund-raising. This way, you can focus your research and networking on one industry, but you are not shut out if fund-raising is too much of a stretch right now.
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