The Unemployed CFO: How to Ace the Interview

Have you ever wondered if being in transition (read: unemployed) makes you less attractive in an interview? The answer may be yes, but not for the reasons you may think.

Marcia Ballinger from US recruiter KeyStone Search and I were having coffee and we got on the topic of interviewing. She shared some amazing insights into how in-transition candidates effectively derail their chances during the interview.
Marcia has submitted many in-transition candidates for her clients’ consideration because they have the right skills and experiences that make them attractive to a client – regardless of their employment status. Also, Marcia’s firm has sat in on interviews as an observer for the past five years, so she has seen both in-transition and employed candidates in action.
She has observed a pattern of behavior from the in-transition candidates that she thinks decreased their chances of getting hired because they made themselves an ‘outlier’ compared to other candidates – but in the wrong direction.
Caught By the Bear
This is much like that old joke about you and a buddy being chased by a bear. You don’t have to outrun the bear. You just need to be faster than your buddy.
When it comes to hiring, the candidate selected is not the best at everything. He or she is simply better than the other candidates, regardless of whether they are in transition or employed.
Here are the traits that Marcia has observed in in-transition candidates that are likely to get them get caught by the bear.
  • They talk more and listen less
  • They are very quickly convinced that an opportunity is 'perfect' for them, even when they don’t have all the facts.  Marcia said that she frequently has in-transition candidates proclaim that they are ‘perfect’ for a position, even before they have seen a job description
  • They lean forward
  • They don’t always wait for the speaker to finish answering the question
  • They are glib, surface, and less thoughtful
  • They talk faster, as though they are trying to squeeze more in
  • They seek to persuade, not to understand
Having gone to interviews myself during my own transition, I admit to being guilty of these behaviors. At the time, I felt I was demonstrating eagerness and interest, but now I see it was my anxious feelings shining through.
The Employed Candidate
How does someone with a job behave during an interview? Here’s what Marcia has observed:
  • These people are picky. They are choosy.
  • Instead of trying to convince, they are waiting to be convinced.
  • They are genuinely interested in learning more and investigating whether the opportunity could be a fit. But they do not come in convinced that it is a fit.
  • There tends to be more mutuality in the discussions with employed candidates. Employed candidates see themselves as ‘peers’, so the interview is more like two business people having a meeting.
  • For the hiring executive, the process feels more like a regular meeting between a boss and a staff member, and less like meeting an outsider or a ‘salesperson.’
The Power to Walk Away
For you and me, these types of insider insights are pure gold. They tell us what’s working and what’s not.
Marcia made another point, which I think is even more relevant: The in-transition candidates’ behaviors arise from their circumstances and these behaviours build up over time. They therefore need to work harder to suppress these behaviors.
The employed candidate comes into the interview with the ability to walk away, which puts them in a position of strength. They have less at risk and feel no reason to push or persuade. This is why the discussion is more relaxed and interactive.
Can in-transition candidates give themselves the same power to walk away? While perhaps not at the same level of the employed candidate, you can get close if you go into an interview with this mindset: “I don’t want to be interviewing a year from now; therefore, I need to be sure this is a job where I can truly succeed and will be retained.”
About the Author
Mark Richards is CFO of Atomic Data in the US. He is the Candidates Chair website, a practical guide to job search and networking based on his own experiences and those of the site’s readers.

Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern