Career Portfolio

"When I was laid off, I was shaking so badly that IVolunteer Investment -- finding one or more ways to
didn't know whether I could drive home," said Kristin,reach out to your community in a way that is
32, a mother of three who lost a public relations job.meaningful to you. When volunteerism supports your
"My heart was pounding and I felt disassociated, likepersonal purpose, you can gain new skills and meet
the whole thing was a bad dream."valuable new contacts, all while making a difference in
After working at the same company for five years,your world.
David, 36, was escorted out of his building afterLifelong Learning Investment -- including mentorship,
being informed that the company was heading in afocused reading and education.
new direction and no longer needed his type of skills.Once you identify your desired career assets, you
Shock, rootlessness and anger are just a few normalcan put together a step-by-step plan for building your
responses many feel when they lose their jobs toCareerPortfolio. Your overall life goals, available time,
corporate downsizing. Since the national crisis on Sept.the ability to balance work and family, and stage of
11, the U.S. Dept. of Labor states that jobless claimsyour life all should factor into your decision-making.
are approaching 700,000 across the U.S. -- theA CareerPortfolio in Phoenix
highest in nearly a decade.Pam Overton, partner in the national law firm of
How can you mitigate career risk -- otherwise knownGreenberg Traurig, LLP, Attorneys at Law, has built a
as the pitfalls of marketplace change, economicCareerPortfolio comprising three major career
turndowns, downsizing, personal health and lifeinvestments: Primary, Volunteer, and Lifelong Learning.
changes, and distasteful company politics that can
wreck havoc with one's life?Pam's personal purpose is to excel at her career,
The answer lies in building a CareerPortfolio, a careerwhile supporting her family and placing them as her
risk management approach, similar to building aNo. 1 priority. Her purpose includes having a strong
financial portfolio, that can help you develop four,charitable and spiritual life to add perspective and
specific career assets, or "investments." Why four?balance.
Because these four ingredients offer a well-balancedHer Primary Income Investment is her litigation
opportunity for you to earn, learn, and help otherspractice, which focuses on complex litigation, business
throughout the rest of your life. And, like a financialtorts, breach of contract and condemnation matters.
portfolio, you can diversify risk so that you alwaysIn this role, Pam won the Golden Heart of Business
have a number of career options on tap.Award in 2000. She also was recognized by Today's
Begin with a Personal PurposeArizona Woman Magazine as one of the "Top 10
To build a CareerPortfolio, start by developing yourBusiness Women in the State of Arizona" for two
personal purpose. Your personal purpose is yourconsecutive years.
investment strategy that guides all of your careerPam's Volunteer Investments include serving on the
decisions.board of directors for Fresh Start Women's
Begin by answering the following questions.Foundation, an organization dedicated to helping
How would I like to be remembered 100 years fromwomen who need assistance in career, financial and
now?life skills to better their futures. This board of
What am I passionate about?powerful community movers and shakers provides
Two projects when I made a difference in recentPam an opportunity to learn leadership skills, provide
years are (list them):value to the organization, and learn more about
Now think about the big picture and write down thecommunity issues.
purpose of your life by filling in the blank: ThePam's additional Volunteer Investments include
purpose of my life issupporting cancer and heart research and
to____________________________.development. She has dedicated many fundraising
You can revise your personal purpose statement ashours at All Saints' Episcopal Day School where her
needed. It will help you decide what types ofchildren attend school, integrating volunteer service
opportunities are worth pursuing. You will becomewith family life.
purposeful rather than just "busy."For Lifelong Learning Investments, Pam is a member
Develop Your CareerPortfolioof several lawyer's professional associations and has
Now, it's time to assess the kinds of career assetsserved on the Arizona State Bar's Ethics Committee,
you either may want to develop. If you have two orsharing and gaining insight which ultimately benefits
more of the following career assets working in yourher clients.
life, you will be building optimal career wealth over"All of these career investments add valuable
time.perspective to my career and bring opportunities to
Primary Income Investment -- your job, or businesslearn and build lasting friendships," Pam said.
that you own, where the majority of your financialPam reviews her career investments periodically to
income is earned.ensure balance, as she and her husband raise their
Secondary Income Investment -- an optional,three children.
alternate source of income that allows you to gainIf you have two or more CareerPortfolio assets in
additional knowledge, career options, income, andplace, you will be far more flexible and confident to
sense of purpose. Not everyone is destined to own aface future career changes. Regardless of your age
business. However, those who choose to develop aor place in life, it's never too late to build a purposeful
business or occasional side project can start outand rewarding CareerPortfolio.
small, and grow the business over time.