career planning

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35 Terms

1
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why career planning is important

  • pharmacy is an evolving industry with over 100 career pathways

  • early planning may provide greater clarity and lead to greater job satisfaction

  • align personal goals with professional goals

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community pharmacy

retail and independent pharamcies

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hospital & clinical pharmacy

inpatient settings, clinical roles

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pharmaceutical industry

research, regulatory affairs, medical science liason

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managed care & health systems

formular management, PBMs

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academia & research

teaching, mentoring, clinical research

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non-traditional careers

informatics, policy, consulting, entrepreneurship

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assessment for career planning

  • identify personal interests and strengths

  • consider work-life balance preferences

  • assess skill sets and areas for development

  • use career assessment tools or mentors for guidance

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resume and CV

  • tailor your resume for specific roles

  • highlight clinical experiences, leadership, and skills

  • keep a professional and concise format

  • update regularly with new acheivements

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job search strategies

  • utilize job boards (PharmDJobs, LinkedIn, ASHP CareerPharm)

  • apply for internships and residency programs early

  • network and leverage referrals

  • prepare for interviews with mock sessions

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develop an action plan

  • set short-term and long-term career goals

  • develop a timeline for skills and experience to acquire

  • establish a support network of mentors and peers

  • stay adaptable and open to new opportunities

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salary and work hours

  • base pay (hourly vs salary)

  • bonuses and incentives (stock or stock options)

  • opportunities for raises and promotions

  • full-time vs part-time

  • overtime expectations

  • flexible scheduling and remote work options

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benefits

  • health insurance (medical, dental, vision)

  • retirement plans (401k, 403b, IRA)

  • paid time off (vacation, sick leave)

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work-life balance and job security

  • commute time and transportation

  • workplace culture and environment

  • stress levels and job demands

  • company stability and reputation

  • industry trends and job market demand

  • employment contract and job expectations

15
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company values and culture

  • mission, values, and ethics

  • diversity and inclusion

  • workplace relationships and management style

16
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introduction

  • employers are seeking critical thinkers who can invent, adapt, and reinvent themselves

  • personal brands are the cumulative perceptions others have of individuals’ traits, behaviors, and actions

  • personal brand affects the success with which individuals are able to influecne others

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personal brand

  • building personal brand requires a mind-set characterized by focus on career distinction and recognition of the importance of active career management

  • to build a strong personal brand:

    • self-reflect

    • be willing to envision a future state and your place in it

    • be aware of your near and far ground to identify and capitalize on opportunity

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internal brand

how you would describe yourself

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external brand

how others see you

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brand clarity

compares internal and external brands

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credibility of a personal brand

a function of others’ perceptions of your competence, trustworthiness, passion, tenacity, and objectivity

  • 2 primary factors impact credibility of personal brand: trust and competence

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competence

being adequately qualified in terms of knowledge, skills, and abilities

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credibility

developed through consistent demonstration of competence over time

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trust

demonstrates to decision makers they can be comfortable giving you more freedom to manage

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4 components of trust

  • consistency

  • honesty

  • benevolence

  • vulnerability

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factors influencing credibility

knowt flashcard image
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credibility of personal brand

  • passion is demonstrated through enthusiasm for work, ideas, and the organization’s mission and vision

  • tenacity is defined by an individual’s determination and willingness to continue working or advocating despite problems or challenges that arise

  • passion and tenacity should be balanced by objectivity, which require that individuals base judgments and decisions on sound evidence rather than personal feelings or beliefs

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communicating your brand

  • visibility is limited if you do not have a plan to communicate your brand

  • professional competence requires perpetual career management

    • have updated versions of your resume and professional biographical statement available

  • creating your biographical statement

    • tell your story in a way that is memorable, using vivid language and quotes

    • reflect your vision, purpose, goals, values, and passions in a one-sentence brand statement

    • back this statement up with the who, what, when, and why details that tell your story

    • create versions that are tailored for a range of audiences

  • resume of distinction

    • should work as an advertisement for you, emphasizing your skills and your matcha to the targeted opportunity

    • the goal is to capture attention in the screening review and stimulate the reviewer to want to pursue your candidacy

    • scrutinize the look and tone of your document, and ensure content is aligned with position you are seeking

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compelling cover letters

  • should be crafted for a specific person

  • four basic versions targeted to:

    • networking contacts

    • human resources contact

    • hiring manager

    • recruiter

  • include:

    • leadership experience, connections to new opportunity, executive summary

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managing your digital footprint

  • google yourself weekly to protect and realign your digital footprint as necessary

  • improve footprint by expanding online presence and increasing credibility and visibility

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the power of clarity, consistency, and constancy

  • successful brand communication relies on: clarity, consistency, and constancy

    • clarity assures that you are clear about who you are and are not

    • be consistent with the message

    • to be effective long term, a brand must have constancy

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changing or improving brand fit

as you build personal brand over time, you may find a disconnect or lack of fit between your brand and the duties, expectations, or goals of your current position

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5 strategies to change or improve brand fit

  1. leave the organization

  2. move within the organization

  3. associate with different people

  4. take advantage of opportunities presented when a new leader comes from outside the organization

  5. transform your brand

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transforming your brand

  • Principle of Resources

    • to begin transforming your brand, identify the resources
      most valued and needed by the organization

    • develop these resources

    • the more valuable the resources or assets you provide, the
      better your brand may be to that organization

  • Principle of Scarcity

    • the resources that matter most are those that are both valuable
      and scarce within the organization

  • Reinventing Your Brand

    • Any attempt to transform your brand should be thoughtful,
      and personally and professionally sound

    • Personal goals and aspirations should be kept in perspective
      within the larger picture of professional and organizational
      issues

    • Brand transformations should be authentic and reflect who
      and what you truly are, or your efforts will appear self serving

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influencing others

Personal branding creates a platform from which to influence issues, ideas, proposals, or positions

Influencing involves:
• Recognizing a need
• Championing a position
• Overcoming resistance
• Building affinity for an idea as it moves through the decision
process
• Leaving relationships stronger due to the interaction