Posts Tagged ‘ professional mentoring

Risk

Often I think about how different my life would be had I not taken risks.  From moving to Atlanta via a comfortable home in Illinois, to forming a business and acquiring property, things would look nothing as they appear today.  Days would probably be a lot less stressful, nights would be filled with a lot more free time, and pockets would perhaps be filled with a little more cash.  Essentially, I would be living the simple life I was brought up to cherish in having a college degree, a good job, a house, and a car.  But would this have spelled happiness?

 

At this point I will never know.  It’s funny how things work, however.  Through my risks taken and my investments made, many doors have been opened to me that otherwise would have remained shut and unexplored.  Because I purchased a few properties, I was able to secure a full-time job through the people I had met and done business with.  The same rings true for many others, including key people involved in bringing you this website.

 

Risk and uncertainty is the spice of life and makes each day interesting.  Taking large calculated risks is something that (I hope) will benefit me in the future.  Without it, yes, I would be living the American way and allowing my family to rest easy, but settling is just not in my heart.  Life and business is about seeing what the world needs and then giving it the best way you know how.  We need smart people who can visualize the needs of our planet.

 

Contributor: Alexander Gothard

Engineering In a Vaccuum?

Weclome back! I posted the following 2 statements in my last post:

 

  • The U.S. is lagging behind the rest of the world in production of needed technical talent.
  • This lag could lead to loss of U.S. competitiveness in technical fields that drive our economy. 

I am digressing to these as I feel they should be addressed early on.  I feel very strongly that the engineering field is in a vacuum. Why?

 

  • Prior generations valued a high school diploma and considered it sufficient for success in life- not true in today’s global economy.
  • Bachelor’s Degrees in Engineering equal 60% of the total degrees in Science and Engineering.
  • Only 5% of the degrees earned in the US in 2004 where in Engineering.
  • In 2005 China alone will have graduated 350,000 Engineers.
  • It has been predicted that 90% of all the world’s Engineers will be in Asia by 2010.
  • The Engineering course/program enrollments in US colleges has dropped over12% in the last 10 years.
  • Nearly ½ of all US college enrollments in STEM (Science,Technology,Math,Science) programs are students who have Non-US citizenship.
  • In 1975, the US ranked third in the world with percentage of its students who received degrees in Engineering, while in 2005 they were 17th in the world.
  • We in the US are being out paced by the Asians. In the global economy our nations engineers are being placed at a disadvantage with these trends causing possible severe human/economic consequences to our country.
  • Do you know that it costs 5 times more in the US today to employ a Engineer than in China.
  • The high cost of American labor makes outsourcing very desirable. A case in point was as an engineer my department, in 2000,  was delegated the project to find a low cost source to produce electronic drawings from the current legacy (existing old lead/pencil lined) drawings so they could be used in a new 2D/3D CADD system for current production.  This was no easy task. The short of it is we ended up sourcing to India this task as our own costs of doing this work in house was not economical. India now gets to do about 30% of this work today, now doing design as well as Engineering Changes.
  • Is it that Americans ,in general, its youth specifically, believe it’s their birth right to enjoy a middle class lifestyle , maybe becoming lulled into a false sense of security and comfort, and also loosing their drive to meet the challenge from outside America? 

How do we regain our stature or are we to fall into the vacuum that seems to be evolving?  I would like to pose this question to my readers for your responses.

 

“Excerpted in part from “Preparing Students for their Future”  2005 Model School Conference- presentation  by Willard R. Dagget, Ed.D.

 

Contributor: James W. Orr

Know Thy Self

Greetings to you all, my name is Willard Draper and I will coming to you several times during the year to give you what I believe to be helpful tips, thoughts and information about the work place, jobs, career development and finding, maintaining and prospering in the career arena.

Finding employment can be a complicated and time consuming enterprise.  It certainly can be costly and frustrating, particularly in this tough environment.  The first question must be; are you ready?   Hopefully, you will not take this question lightly.  Further, many of us will quickly say “Yes” without thinking about the entire question. Your friends, parents, love ones, teachers, bosses, etc., do not make this determination-you do!  Let me be clear; unless you are ready for work, you can not be successful at obtaining and maintaining work; must less a career.  Simply saying “I’m ready”, does not fill the bill.  You must be able demonstrate your skills and abilities with confidence and class.

Those who have been exposed to knowledge, wisdom and ancient text are familiar with this important phrase from the distant past.  Before organized religions, the British, Roman, Greek Empires, the seat of knowledge and wisdom came from the African continent and the great Egyptian civilization. Written in one of the exalted temples and later stored by the great Oracles’ the words “KNOW THY SELF” became the foundation of all knowledge and wisdom. 

Once you have this knowledge you will be well armed to go out and contend for work.  It is not an easy task.  You will need to prepare yourself for some rejection, disappointment, repetitive questions, assessments, judging, waiting, wondering and questioning.  Only if you have a good sense of self, will you be excited and inspired to go further. The following is a short list of the beginning process of knowing self: 

  • Disregard the foolish and foolish things
  • Move beyond fear
  • If you keep doing what you are doing-you will keep getting what you getting
  • When you have the opportunity to inform others-do it
  • Avoid all people who are “know-it-alls”
  • Be Positive and have enthusiasm
  • Be Spiritual (religious or  have core beliefs)
  • Have focus
  • Be true to yourself and your spirit
  • Don’t sweat the small stuff (most of what we deal with is small stuff.)
  • All these things are already in you -just turn them on! 

These beginning comments should remind you of the power you have.  I believe it is important to start with some philosophical things before we get to more of the basics of job hunting and success.  In the future we will look at communication, vision, resume tips, interviewing skills, problem solving and other powerful job acquisition skills.  Hope you will get to know yourself better and get the position you really need.

Contributor: Willard Draper

Networking Basics

 Karen Wells, vice president of Strategy at McDonald’s USA, insists that networks are invaluable when you are trying to build or grow a business or attempting to advance your own career. At the Rockford (Illinois) Chamber of Commerce Minority Enterprise Luncheon, she offered these tips for those who are beginning to build a network: 

1. Perform a self-assessment. Whom do you have currently in your network base, and what do you need to grow your company or your career?  

2. Be proactive. Take the first steps to engage people to be part of your network. These are people whom you do not know well yet but who can help you to navigate your career path. 

3. Be willing to take some risks. Networking may require you to move out of your comfort zone. For example, if you tend to be an introvert, forcing yourself to be more outgoing is necessary. 

4. Be sure your network is adequate but not overwhelming. You should have at least three but no more than five people in your support network whom you can count on to advise you and whom you can leverage to help you to advance your career. 

5. Take advantage of what’s out there. Organizations already exist that can help you to network, such as your chamber of commerce or other professional groups. When you meet people of interest, don’t just introduce yourself and shake their hands. Call them after the meeting and make contact with them outside of the function where you first met them.  Build relationships with them. 

Contributor: Excell Lewis III, Ms.Ed

What Is Success To You?

Deep in my heart, I believe that success is simple with established moral and realistic guidelines.  I also believe, however, that having the discipline to consistently follow those guidelines is one of the most difficult things one could do.  Back during my senior year of college, I defined what success meant to me and put it on paper.  This same faded piece of paper is still tacked to a board in my room.  Everyday, I consciously (attempt) to think of those guidelines when making decisions and setting daily priorities.  Below are important components, placed in their respective order, of what success means and looks like to me.   

Everyday, it is my goal to exercise:

 Spirituality -

·         Going to church

·         Reading and understanding the Bible

·         Building a relationship with God

·         Living with integrity

·         Patience

 

Mentally -

·         Be in uncomfortable situations and love it.

·         Love and appreciate the challenge of life.  This is all a fun game.

·         Read

·         Be social and have fun

·         Defend yourself

 

 Physically –

·         Workout

·         Play basketball

·         Swim

 

Financially -

·         Save money

·         Look for investments

·         Keep building financial knowledge

 

 I absolutely believe that if I can do these aforementioned things consistently and effectively, I would be the happiest and most free person I could ever dream to become.  I struggle, however, and make excuses from time to time.  I strive for perfection, but for now I will settle for progress.  What does success look like to you?

Contributor: E. Alexander Gothard

Everyday Economics

Whether you are a student, employee, parent, business owner, or superstar, we are all human and face an overlooked concept: insatiability.  Contrary to what many believe, nothing is (and never will be) enough for us in our endeavors in life because we will always want more. Accordingly, scarcity occurs because wants are unlimited while the resources of this land are limited and people, businesses, and countries find themselves having to make choices that are in their best interest.

This is such a big deal that there exists an entire field of study for it. Economics is the study of how choices are made under scarcity and facing these insatiable wants. Economics is divided into two levels: macroeconomics and microeconomics. Macro deals with the overall performance of the economy. Such topics covered under this sector include the money supply, inflation rates, unemployment, currency rates, economic policies, interest rates, and the federal budget.

Micro is concerned with the choices of consumers and businesses, and their impact on certain markets. Those who focus on this branch of economics cover price changes of particular goods, bans on immigration affecting the U.S. produce market, seatbelts leading to more deaths, how a company can maximize profits, and the like.

While a person like me gets excited about economics, there are others who may not understand how it relates to them and how exposure to its principles can help them in their everyday lives and better interpret what goes on in the world around them. The goal of this blog is not only to provide insight into the field by showing its relevance, but to also make it interesting so that keen economic intuition may be developed for optimal decision-making on a variety of levels.

Every decision we make in this life comes with a cost that is more than likely not monetary. When one choice is made, another is forgone. This forfeited cost is known as the opportunity cost. Studying as opposed to hanging out with friends and going to class instead of working to earn a paycheck are some opportunity costs involved in going to college to obtain a degree. However, people are willing to pay that price because they feel such a decision will benefit them greater in the long run.

As we travel along this economic voyage, it is imperative to understand that there is more to economics than the happenings at the Federal Reserve and recessions. Economics helps us understand how to get the most value from limited resources as we all face scarcity and unlimited wants.  

 Contributor: D. Simone Devereueawax