- Business Coaching
- Become a Coach
- Executive Coaching
- Products & Services
- Find a Coach
- Business Tools
- Coaching Blog
Alex Haley, the author of "Roots", is quoted as saying, "Every time an old person dies, it's like a library burning down." Mr. Haley was evidently referring to the family history and ties of the old to current living family members. But, he could just as easily have been indicating the loss of wisdom, knowledge, expertise and experience passing away with the death of the person. In our current economic and high-unemployment situation, the senior executive looking for work is in a similar position. Only in their case, the library has not burned down, but the doors are locked.
The Plight of The Unemployed Senior
Age discrimination in hiring is vehemently denied by corporations. But it is there, just below the surface. It exists for a variety of reasons. Chief among them is the length of time left for the worker to be useful to the company before retirement. There are other reasons as well:
The Key to the Library
In many cases, the senior executive looking for work has been a victim of downsizing or a corporate closing. They may feel they have much to offer another employer but are constantly ignored or passed over for a younger person. There are alternative options they may not have considered.
There are dozens of charitable institutions and organizations in existence and more are springing up due to the economy. A senior executive looking for work may be just the asset needed to get an organization moving forward. Marketing skills learned over a lifetime could make the difference in their success and impact thousands of lives in the process.
Another, even more lucrative, possibility is investing in a consulting franchise. The senior executive has expertise in a field that is highly sought after. The corporations needing consultants are not investing in them for the long term and seek expert advice to move the company in the right direction. With a consulting franchise, the executive becomes their own employer, able to use their skills to the maximum potential.
How Consultants Benefit Business
There are a number of reasons why business executives hire consultants. The unemployed executive has much to contribute to other companies. Here are some of the needs filled by consultants: