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Posts Tagged ‘executive’

Executives are very aware of the concept of a ROI, or return on investment. Returns need to be visible and definite in the business world, and every investment and venture must be carefully considered.

It’s the same thing for employers when they’re trying to fill an opening. Their investment in you needs to be validated by significant returns. When a return isn’t guaranteed, you won’t be hired. Given that, how can an executive prove to a prospective hiring company that he’s worth the money? Here are a few ideas to consider …

 

Look at Your Revenue

If there were quantifiable parts to your previous job, you want to make sure to put them into numbers on your executive resume that will help illustrate your success. For executives, businesses often look to revenue, so show what you were responsible for with your previous employers, whether this means accounts you brought in, sales prospects you’d sold to, or other elements of revenue.

For instance, you might note that you not only were able to slash hiring expenses by cutting advertising costs (advertised on free websites), but you were able to create a stellar staff that increased revenue by X amount of dollars over a year’s time. Showing numbers that correlate with the success you brought a company clearly shows your value to said company and makes you a safer hire.

 

How Productive Was Your Staff?

Businesses are often very concerned with productivity, as you probably are as an executive, and they look for ways to ensure that their employees are earning them as much as possible. If you can look at productivity in practical terms, this is a good idea.

For example, you can look at the amount of time it took to complete a major project that resulted in a revenue increase of 3 percent for the year. Here’s a simple example; consider that you employed twenty workers for twelve weeks at a cost of /hr and forty hours per week shifts for a certain project. Employee time, then, accounted for costs of ,000. However, you invested in a new training module that cost 0 per employee, as well as updated software for ,000 that cut the project time down to 6 weeks, including paid training time. If the cost of the project you undertook totalled ,000, the company saved about ,000 with a 3 percent revenue increase, and process efficiency improved, allowing your employees to tackle other work projects.

 

Other Numbers to Think About

If your segment of the company didn’t work in terms of revenue, you can still note numbers that represent progress. For example, if you’d managed customer service, use the metrics that you used in your old department to show improvements in customer satisfaction. You might also look at the number of calls your department took, and the number of minutes spent on each call, to quantify your results.

Remember, just like on your previous jobs, prospective employers want to know their potential ROI when looking at candidates. As an executive, you know how to consider and decide on an investment, so use that knowledge to improve your chances of being hired.