About the trials and tribulations of being a Liberal Arts graduate in the job market. Sound advice, amusing stories and information that relate to young adults feeling their way around the job market for the first time. Finding out the unwritten rules and pitfalls that come with job-hunting, the first job, establishing a career, and growing out of being a student.

Tuesday, April 19, 2005

Book Review: Working Identity

Book Review
Working Identity: Unconventional Strategies for Reinventing Your Career by Herminia Ibarra
By the Liberal Arts Dude


I read the book by INSEAD Business professor Herminia Ibarra with great interest because of the rave reviews it has received. Among the accolades were statements like “It has turned the world of career counseling upside down” and “Challenges the conventional wisdom about how and why people change careers.” Pretty heavy stuff, I said to myself, so it must be worth checking out.

The main premise of Ibarra’s book is the way traditional career counselors and counseling directs people interested in career change—think and find your “true self” and implement a plan to get a career that accommodates that identity—is all wrong. According to Ibarra, most real-world examples of successful career shifts actually operated in the reverse of that model. Rather than “think and introspect before you act,” Ibarra actually says the first step to any career change is to “act” or to create little experiments to test out your ideas of a new career to reality, evaluate the results, and see if you wish to go any further with each step reinforcing the feasibility of a new career. Hence, Ibarra’s model says that new professional identities emerge in practice—by doing—rather than by the conventional wisdom of self-reflection and introspection. Ibarra says that introspection and reflection comes later, when, after we have exposed ourselves to new experiences, we have something new to reflect on.

Throughout the book, Ibarra presents case studies of people who, mid-career, decided to jump ship and start entirely new careers. The stories, for example, of: the psychiatrist who becomes a Buddhist monk; a high-level IT manager who becomes a career counselor; a Wall Street financial manager who becomes a novelist; a literature professor who becomes a stockbroker; a high-level corporate executive who becomes a nonprofit consultant; a “career company man” vice president of a pharmaceutical firm quitting his job to head a start up; etc. What these people had in common were an initial sense of dissatisfaction with their lives and careers. Rather than follow the traditional model of thinking about what they would like to do next and implementing a plan to get there, these peoples’ stories followed a more circuitous path that involved a lot of uncertainty, doubt, and emotional turmoil. Sometimes this turbulent period lasted years.

“Is it right for me? Am I making a foolish move? Am I insane for wanting to leave a secure job?” These are all questions the case study subjects asked themselves as they embarked on their experiments of doing—freelancing, volunteering, attending conferences, meeting people in the new field, taking a sabbatical, going back to school, devoting more and more time to their new interests outside of their old jobs. Ibarra says that this period of uncertainty where you craft low-risk ways to test your ideas in the world and to reality is a necessary and vital step in successful career transformation. All the while, our conception and vision of a new life and career gets refined and molded to the reality of what is out there in the world.

My rating of Ibarra’s book—I give it five out of five stars. It is that good and I feel learned a lot from it. As someone who thinks a lot about the issues she writes about (being an amateur career counselor is my hobby) I feel that Ibarra is right on the money as to the process most real-life career shifts go through, and where the traditional “think and introspect and then implement” model falls short. I would say that this book provides a wealth of wisdom to anyone dissatisfied with their careers and wish to make a change.

Despite my high opinion of the book, however, I feel that I must take Ibarra to task on several points:

1) Her case studies consisted primarily of very highly educated professionals in high level positions. These are doctors, executives, MBAs, PhDs, etc. People who have tremendous options at their disposal. What about the rest of us who aren’t high level people in our jobs and whose professional horizons aren’t so broad? Or those of us whose horizons aren’t very broad but we would like to expand our options? What is the process the rest of us go through to get there?

2) Ibarra seems to focus entirely on the emotional and psychological aspects of making a career shift, and neglects the very real and concrete factors that sometimes hinder people from making a leap to a new career (or even taking incremental steps): lack of money for education, lack of time because of family constraints, lack of a marketable and transferable skill with which to freelance, geographic location, etc. For most of us, quitting our jobs is a tremendous financial risk and we cannot afford to do that for the sake of getting a sabbatical. We might be dissatisfied with our current jobs but we still need to pay the bills.

3) There are no stories of people starting again from the bottom in their new fields. Most of the stories were of people who started out dissatisfied in high-prestige, high level positions only to end up in equally high-prestige and high level positions. Or who enjoyed lucrative success their first time out trying a new career, as in the case of the first time novelist who not only completed his novel but in that same year, published it and sold the film rights as well!

Despite these criticisms, however, I would still recommend Ibarra’s book to anyone interested in gaining some practical wisdom on the career change process. I stand by my earlier rating: five stars out of five. For her next book, however, I’d like to see Ibarra focus her sights on us regular working and middle class folks.

Copyright 2005

Tuesday, April 12, 2005

Let the Buyer Beware

Reaction to US Census Bureau Article
by the Liberal Arts Dude

My reaction to the article below? A big sarcastic “wheeeeeee…” So I guess the big lesson to young people is go to college. It’ll make your earnings double of what you will earn with only a high school diploma. Well, if the argument is framed that way, I guess you can say that going to college is a good idea. And that going to college – having any major just as long as you graduate – is what a young person should do to ensure a bright future. But how about if you frame the argument in a way other than “high school vs. college?” How about framing it along the lines of:

- How about comparing the earnings of people with associate’s degrees in technical fields like graphic design, web development, nursing, radiology, physical therapy, etc. to the salaries of college grads with Liberal Arts backgrounds?

- How about some data on how many people with Liberal Arts degrees eventually had to shell out more money for technical certifications or associate’s degrees AFTER they had already gotten their college degrees so they can have the necessary skills to start a viable career?

- How about some data on how many Liberal Arts grads found it necessary to shell out even more money to enter a graduate school program because the career paths they chose require an advanced degree and an undergraduate degree, by itself, sure as hell isn’t going to be the ticket to get to that path?

- How about some data on the amount of debt the average 30-35 year old person in American society carries as a result of all that investment in education, compared with the annual earnings they have or assets they have saved?

- How about some data on what types of jobs most people with 4-year degrees hold, and how relevant these jobs are to the college majors they held?

My point is not to be a curmudgeon (although it probably seems to be that I take great pleasure in doing so). My point is that college isn’t what it’s cracked up to be, especially if you are talking about providing the necessary skills and training for young people to make a viable living. Sometimes an associate’s degree is perfectly fine to start with. How come there isn’t much stress in American society of the benefits of associate’s degrees, and hence, more funding so that such skills and vocational training is within the reach of the average person? I understand financial aid for such training programs is small to nonexistent, especially compared to the amount of aid the government funnels to 4-year degrees. I speak from experience of applying and researching different ways to fund a technical training program and finding out that the Federal Government doesn’t provide an easy way to fund such a program the way it did a four-year college degree.

Am I being overly cynical? I sure hope not. But more and more I feel that the government, universities, and financial institutions that provide interest-bearing, long-term loans to young people are all in cahoots in one, big elaborate con game. The objective is to fleece the average person for as much money as they can and to ensnare him or her to so much debt that it will take decades to pay it off. The carrot being dangled in front of the mark is the promise of a better future via the vehicle of a college degree. And of course, being marks that we are, we won’t know we’ve been had until years later. But by then it will be too late and we are ensnared and legally obligated to pay those loans back. That’s a pretty steep price to pay for what is essentially, four years of thinking deep thoughts and writing interesting papers about interesting stuff that ultimately, the world cares little about and won’t generate a cent in the marketplace. Let the buyer beware.

Copyright 2005

College and Earnings

College Degree Nearly Doubles Annual Earnings,Census Bureau Reports

New information from the U.S. Census Bureau reinforces the value of a college education: workers 18 and over with a bachelor’s degree earn an average of $51,206 a year, while those with a high school diploma earn $27,915. Workers with an advanced degree make an average of $74,602, and those without a high school diploma average $18,734.

To read the rest of the article link to here