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Strategies for Career Planning and

Management: An Introduction to the Career


Development Model & Tools and Techniques
for Success
Presented by:
Suzanne Frasca Hom, School of Medicine Career Center
Nick Folger, Bio Career Center
March 6, 2008
The Four Steps of the
Career Management Model
† Identify Information About Yourself

† Identify Information About Options

† Targeting Your Employer

† Action Planning
Step I:
Identify Information About Yourself
† Personal Skills Assessment

† Motivational Factors

† Work Setting Preferences

† The Value of Identification


Step II:
Identify Information About Options
† Gathering Information

† Identifying Prospects

† Informational Interviewing
Step III: Targeting Your Employer

† Narrowing the Field

† Tailoring Your Credentials


Step IV: Action Planning
† Self-Promotion

† Submitting Materials

† Securing an Interview

† Interview Preparation
Staying Engaged in Your Own
Professional Development
† Reassess
„ Revisit the 4-Step Career Management Model

† Develop opportunities

† Keep informed about the industry

† Stay connected with those in your network


Resources
† Stanford School of Medicine † Alumni Associations
Career Center (SoMCC)
http://med.stanford.edu/careercenter; † Online Networks
somcareers@stanford.edu „ Linked In
„ Facebook
† Bio Career Center Material „ My Space
(See SoMCC website)
† Personal Contacts
† Professional Societies and
Organizations for Scientists
and Clinicians
Stanford Medical School
March 6th, 2008
New PhDs give up Tenure Track for Postdocs
Tenure Options Shrink for Life Sciences PhDs

70% 60%
60% 50%
%Phds % New Phds
50% w/Tenure in Tenure track
40%
track jobs 9- jobs
40%
10 Yrs Out 30% % New Phds
30% in Postdocs
20%
20%
10% 10%

0% 0%
1970 1980 1990 2000 1970 1980 1990 2000

Source: National Research Council’s Biennial Survey of Doctorial Recipients (8-13% of the workforce)
Research Finance Business
Biopharma Biopharma
Equity Research
Contract Research
Fund Management Consulting
Gov’t Research
Military Research Venture Capital Entrepreneurship
Non-Profit Research

Law Other
Patent Law Higher Education
Regulatory Law Public Health
Technology Mgmt Science Policy
Science Writing
Passion for: Possible Career Path
1. Helping others understand 1. Higher Education/Teaching
2. Argument
2. Science Policy
3. Writing
3. Science Writing

Passion for: Possible Career Path


1. Solving big picture health problems
1. Public Health
2. Bench Research
3. Keeping track of complex information flows 2. Biopharma, Contract Res, Gov’t Res, Military
4. Law Research, Non-Profit Research
5. Hot new technology 3. Regulatory Affairs
4. Patent Law, Regulatory Law
5. Technology Management

Passion for: Possible Career Path


1. Business, markets 1. Equity Research, Venture Capital, Fund mgmt.
2. Working in small company atmosphere
2. Entrepreneurship
3. Solving organizational problems
3. Consulting
How Can We Help?
Keirsey™ Temperament Sorter®-II Career Navigator

A deep categorical look at yourself,


Similar to the famous Myers
your values, knowledge,
Briggs Type Indicator, this
experiences, and accomplishments
report gives you feedback on: †Deep thinking that yields help
• What motivates you at work
with interviewing, networking, and
• What roles you’re likely to
career visioning
excel in †Setting a career action plan for
• What kind of workplace would
the future
fit your personality †A life-long learning tool (25-40
• Typical jobs that fit you
hours recommended)
Great to share with your career
counselor.

Start Now! Start Now!


Career Paths
Biopharma Research Consulting Science Policy
From the Lab to the Boardroom , Separation Anxiety: Leaving the Bench,
Useful Classes and Practical Skills by Tim van Biesen, MBA, PhD by Virginia Cox, PhD
by John Bodeau, PhD Grad School Up-Skill Opportunities, In Search of the Big Picture,
Four Steps to Succeeding Outside the by Anita Kishore, PhD by Giovanna Guerrero, PhD
Ivory Tower From the Hospital to the Firm, How I Ended Up in Science Policy,
by Eric Flyckt, MD by Erica Riddle, PhD
by Jennifer Stone Gonzolez
Your First 100 Days on the Job
by John Bodeau, PhD

Finance and VC Science Writing Government Research


Career Paths Towards VC, From Research to Writing, A Brisk Banner Days,
by Chris Shen, MD Change of Pace, by Sheryl Lyss, MD, MPH
The Winding Road To Equity Research, by Nick Zagorski, PhD An International Experience with CDC,
by Eric Staeva-Vieira, PhD What It Takes: Skills a Science Writer by Mitch Wolfe, MD, MPH
Summer Program Offers Grad Students Needs to Succeed, Course Work Opportunities for Public
a Mini-MBA, by Tina Hesman-Saey, PhD Health,
by Meredith Alexander Kuntz Ten Ways to Please an Editor, by Kim Lindsey, PhD
by Emma Hitt, PhD
We need your feedback
† What employers would you like to see on the
jobs board?

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