I remember talking with a woman who had been unemployed for a while. When I suggested she ‘stretch’ from finance into operations by making a lateral move, she looked at me like I’d grown another head.
“Oh no! I’m very committed to staying in my profession.” She exclaimed.
I replied, “It doesn’t mean you will not return to finance. However, gaining operational experience in running a department or team can greatly boost your business acumen. Lateral moves can provide you a diverse skill set, increased visibility, and credibility as a future leader.”
What are lateral career moves? (Indeed)
- Switching to a job at the same level and similar pay within the same company or between different employers.
- Typically involves different duties or responsibilities.
- May not result in a significant increase in salary or title.
- Can be beneficial for learning new skills or securing your future.
- Not recommended if you make too many of them or face a career setback.
Making a lateral move doesn’t mean you were not qualified in your current profession or previous position. A “stretch position” can accelerate your career growth and options because it provides broader exposure to business challenges, making you a better boss/leader, decision-making, and business professional.
How to Prepare for a Lateral Move
Job Fit Assessment. Be clear about your strengths and weaknesses before making a job transition. Use an objective job fit assessment that provides a “job fit pattern” for the lateral position. This helps you (and your new boss) understand where to focus when coaching and managing you for success.
Get Your Brag On! Complete the five easy steps outlined in the book for the results you’ve already achieved. Sharing these during networking meetings and interviews for the lateral position will make a difference. Remember, there will be “cross-over” skills, and you must emphasize them (e.g., communication, finance, technology) since you will not have the job titles, professional experiences, and job responsibilities they normally seek.
Networking Works. Do your homework — go out for coffee or lunch, or Zoom with several people already working in the profession. What do they enjoy about it? What are the challenges? How can you, with your current experiences, make a difference? Use open-ended questions to learn more.
Prepare for the Interview. You will be ready for the interview after following the first three recommendations above. Be sure to conduct your due diligence during all interviews for the lateral position about expectations, goals, and any challenges in the position. It is important to address any reluctance of the company, team, or hiring boss upfront without being defensive.
Key for Success: Learn the basics, listen more than talk, and have a positive can-do attitude. Hire an executive coach to discuss the inevitable sticky situations and political work relationships. Also, take the time now to develop essential leadership skills in emotional intelligence, communication, critical thinking, and project management. These are valued “cross-over skills” in any position.
©Jeannette Seibly 2024 All Rights Reserved
Jeannette Seibly is a Talent Advisor/Leadership Results Coach with over 31 years of practical experience guiding leaders and bosses to improve their hiring, coaching, and managing practices and produce amazing results! And yes, achieving business success always starts with having the right people in the right jobs! She has been an Authorized PXT Select® Partner for over 32 years. Contact Jeannette to learn more about these state-of-the-art job-fit assessment tools or how to coach and manage your people to achieve incredible results.