Is industry experience overrated?

Is industry experience overrated? Cover Image

For those members out of the buggy whip industry, changing industries is exactly what you have to do. It is for all of you that I dedicate tonight’s editorial. (You may substitute your industry if you prefer. It can also be true that you just don’t see much local opportunity in your indust...


Mar 29, 2022

By Matt Bud, The FENG

Dinosaurs can’t dance

Dinosaurs can’t dance Cover Image

Several years ago, I got a note from one of our members of long standing complaining about the value of the leads in our newsletter. It was a well written message that cited chapter and verse about his experiences, and I read it with great interest.Consistent with the experience of most of...


Mar 20, 2022

By Matt Bud, The FENG

Experience versus the energy of youth

Experience versus the energy of youth Cover Image

There was an article I read a long time ago about the value of experience versus the energy of youth. The premise and conclusion were no surprise to me. Experience has a tendency to win out.While I would gladly concede that Americans have always worshiped youth and that there is inherent p...


Apr 14, 2022

By Matt Bud, The FENG

Is your job boring? Is there a cure?

Is your job boring? Is there a cure? Cover Image

Many years ago I had the pleasure of speaking at a quarterly meeting of the Association of International Bank Auditors on the subject of Networking Strategies. As you might expect in any gathering of financial folks, several of those in attendance were members of The FENG.One of the topics...


Apr 18, 2022

By Matt Bud, The FENG

When is enough, enough?

When is enough, enough? Cover Image

The story goes that if a frog is thrown into a pot of boiling water he will have the good sense to jump out. On the other hand, if you put a frog in cold water and slowly turn up the heat, he will boil to death. (Please don’t try this at home. I like frogs. I am sure you can verify the ver...


May 08, 2022

By Matt Bud, The FENG

Changing strongly held beliefs

Changing strongly held beliefs Cover Image

As they say, old habits die hard. Because we believe they work, we do the same things over and over again that we have learned over the course of our careers. Not to say we can’t be retrained, but it is hard.Us financial types find it particularly hard. Part of the reason is that we genera...


Apr 28, 2022

By Matt Bud, The FENG

On becoming obsolete

On becoming obsolete Cover Image

It is a sad state of affairs when your presumed skills become obsolete, but like the buggy whip manufacturer of old, your only choice unless you want to become extinct is to adapt.Let’s see, buggy whips are made out of leather, so a good first step would be to define yourself as a leather ...


May 17, 2022

By Matt Bud, The FENG

Making the most of middle age

Making the most of middle age Cover Image

Looking back on my visualization of middle age when I was in my youth, I must confess the picture currently is a lot different.At the ripe old age of 75, I thought I would share a few thoughts tonight in the hopes that others would be willing to share theirs. Any editorial/notes from membe...


Jun 06, 2022

By Matt Bud, The FENG

Their lips are moving, but there is no information

Their lips are moving, but there is no information Cover Image

There was an article in The Wall Street Journal in 2013 titled: “Didn’t Get the Job? You’ll Never Know Why” by Lauren Weber. The direct link is: http://online.wsj.com/article/SB10001424127887324423904578523683173841190.html and it is still available!I hope that all of you will take the tim...


Jun 09, 2022

By Matt Bud, The FENG

A few counter-intuitive thoughts

A few counter-intuitive thoughts Cover Image

Sharing job leads is only one of many counter-intuitive ideas that those of us who have been involved in The FENG for a period of time simply accept as the truth.As I often say, some of the ideas we have developed in The FENG take a little living with before you come to understand how they...


Jun 07, 2022

By Matt Bud, The FENG

Those lazy hazy days of summer

Those lazy hazy days of summer Cover Image

As a season, summer is sure hard to beat.The days are warmer here in the Northeast. The days are also longer. No more getting up when it is pitch black and coming home when it is pitch black. (Winter is so depressing!) And, outdoor activities like sailing, tennis, and golf sure can’t be be...


Jun 16, 2022

By Matt Bud, The FENG

The Superman syndrome

The Superman syndrome Cover Image

It has been my observation for many years that most of our members who are in their 40’s and 50’s move from large corporations to middle market ones. The reason, as I have often pointed out is that large corporations don’t hire senior executives except rarely. For good and valid reasons, t...


Jun 21, 2022

By Matt Bud, The FENG

Abraham Lincoln and Bill Gates

Abraham Lincoln and Bill Gates Cover Image

In my distant past I remember seeing a commercial in which an Abraham Lincoln look alike was sitting in an employment agency office. As the recruiter was flipping through his Rolodex he was telling old Abe that without “that sheepskin” he really wasn’t going anywhere. I guess the same thin...


Aug 16, 2022

By Matt Bud, The FENG

A long term activity

A long term activity Cover Image

I was shooting the breeze with a few of my fellow sailors several times this summer and got to thinking about the fact that for most of us, our worst misadventures happened early in our careers as sailors.When I got into sailing in my mid-30’s I started out by taking a course with the Coas...


Aug 15, 2022

By Matt Bud, The FENG

Career decisions

Career decisions Cover Image

Making career decisions is never easy. And unfortunately, being a senior financial executive doesn’t make it any easier.In fact, because you are at a point in your career where you have probably held almost all of the appropriate titles for your skills, it is actually harder to be selected...


Aug 24, 2022

By Matt Bud, The FENG

Hurting other members

Hurting other members Cover Image

It is of course true that our own self-interest at times quite naturally overrides our concern for others. If I am drowning, I can’t very well be expected to save someone else. It’s a kind of a “Maslow's Hierarchy of Needs” thing. For example, I find that members are frequently more helpfu...


Aug 28, 2022

By Matt Bud, The FENG

Proof of the pudding

Proof of the pudding Cover Image

One of the many fine traditions we have in The FENG is the sharing of job hunting tips.I have to tell you that recently I haven’t been hearing as many job hunting tips as I used to hear. No, it isn’t that I have heard it all. New things are certainly happening. The problem I fear is primar...


Sep 01, 2022

By Matt Bud, The FENG

Fog, rifles & shotguns

Fog, rifles & shotguns Cover Image

The current job market continues to throw a large fog bank over the senior executive job market.Not just us financial types, but all college educated, well experienced executives are struggling with defining who they are and what they do to somehow match what they believe to be the opportu...


Sep 07, 2022

By Matt Bud, The FENG

Selling into a new industry

Selling into a new industry Cover Image

It is not unusual, and is perhaps typical, that members of The FENG would like to change industries. I wish I could tell you that this is easy. Unfortunately, I think the phrase “easier said than done” is applicable here.Of course, someone telling me that a project is impossible is always ...


Sep 25, 2022

By Matt Bud, The FENG

Rising tides

Rising tides Cover Image

Rising tidesIn chatting with members over the many years I have Chaired The FENG, one hope frequently voiced has been a wish that as the economy improves there would be more jobs. The basic theory is that a rising tide floats all boats. If I wait long enough, it won’t be all that difficult...


Oct 03, 2022

By Matt Bud, The FENG

Good News Announcements and job leads

Good News Announcements and job leads Cover Image

I would like to see if we can increase the number of Good News Announcements and job leads that come our way.The two most important things that I hope that all of you are making every effort to share are Good News Announcements and job leads.Good News Announcements let your fellow members ...


Sep 28, 2022

By Matt Bud, The FENG