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Lifting Your Head?

November 25, 2024

This is The First of a Two-Part Series

As a recruiter, I work with healthcare executives contemplating their next career move––a process rooted in reflection and planning. As we approach the end of 2024, this theme of reflection becomes especially relevant as we evaluate our professional and personal experiences while charting a course for the coming year.

More often than not, I hear executives talk about their genuine desire to find a new opportunity, but don’t see the same level of energy placed in developing a specific career strategy to make that happen. Many of these people have not dedicated the time needed to do this, while others simply underestimate its importance. Instead, many come to me expecting the answer. The reality is that each of us, as individuals, has our own personal brand, life experiences, and personal interests that, combined, need to inform our professional path forward.

When spending time with executives discussing career strategy, I like to apply a brand-centric approach to help them structure their thinking––and ultimately define their career strategy. With that strategy in hand, it’s easier to determine how best to spend our time pursuing new job opportunities and, more importantly, knowing when to say “no” to ones that don’t fit our plan. Funny enough, most CEOs and other C-Suite executives I work with dedicate significant time each year to developing and writing business plans to achieve their work-related goals. So, why don’t we invest the same amount of time outlining our professional careers? 

Like anything else, a deliberate strategy and plan will improve the likelihood of a timely and successful outcome when we decide to lift our heads and make a career change. As executives, we use these strategies to improve the “enterprise value” of the businesses we run. Why not approach your professional brand with the same mindset as enterprise value? Knowing that over time, we have accumulated rich industry and functional experiences as leaders, these outcomes and the context of the results translate into your professional brand and should inform how you see yourself today and where you want to take your career in the future.

Like successful consumer brands such as Starbucks, Amazon, or Nike, these businesses know what they stand for in the market today and make important investments and decisions based on where they want to take that brand in the future. Sometimes, the external perception of these businesses is not aligned with where these businesses want to take their company. In other cases, the brand is helping them propel further in a direction that helps them achieve their long-term goals. Why not apply this same framework to your professional brand? 

So, ask yourself, am I fully leveraging the essence of my brand to pursue what I want in my career? Perhaps there are roles you have played in the past that have effectively defined how you are viewed in the market. In some cases, this could be a good thing. In other ways, it may be something you want to move away from by stretching into other industry sectors or new areas of responsibility. What’s critical is that you take time to evaluate how you view your professional brand and how others perceive you. In most scenarios, they are not the same. This means you, just like a Brand Manager of a giant consumer brand, need to carefully study what that means and make informed career decisions on where you will take your brand in the future.

In the next ChasmPOV, I will lay out a specific framework for evaluating your professional brand and developing a formal career brand strategy that will help you achieve your career goals in 2025 and beyond.


This article was writen by Matt Dumas, Founder and Managing Partner at Chasm Partners.

Matt Dumas
Founder & Managing Partner

Matt Dumas

Founder & Managing Partner
  • 20+ years operating experience in new ventures and turnarounds
  • Expertise in healthcare technology, analytics, and interactive media

Matt sees substantial opportunities for disruption in the healthcare ecosystem.  He is focused on applying best practices and talent capital management to help investors scale businesses in the healthcare technology and services space.  As Managing Partner of Chasm, Matt is focused on driving HCIT enterprise value growth through innovative talent capital models working as “partners” with venture capital and private equity investors and their portfolio companies.

Matt brings over 20+ years of experience as a business leader in both large and small companies, where he led the qualification, launch and commercial expansion plans of 19 B2B and B2C business ventures across 14 countries.

Before serving as a Partner at Oxeon Partners, Matt was a change agent as SVP and Head of Marketing (CMO) for WebMD consumer businesses such as the company’s website, magazine and mobile assets.  Prior to WebMD, Matt was Founder & Managing Director of Nielsen Health (formerly a start-up business unit of The Nielsen Company) and subsequently President & CEO of Deutsche Ventures, where he conceived and commercialized first ever data integration methods and analytic solutions that help healthcare marketers, payers and providers optimize their patient communication campaigns in a HIPAA regulated data environment.

In this endeavor, he founded Ecosys Consumer Analytics, a healthcare patient targeting and marketing ROI analytics platform that eventually merged with Crossix Solutions.  Earlier in his career, Matt spent 8 out of his 10 years at Procter & Gamble in Frankfurt and Geneva developing and leading commercial expansion plans for several global packaged goods and consumer health brands.  Matt started his career in the group employee benefits space at Unum.

Matt graduated from Colby College where he started two businesses, one of which he sold before graduating and received an MBA from the University of Michigan Ross School of Business. He is an investor and board member of various privately held ventures in the healthcare technology and services space. Matt is a member of the Board of Directors at Stamford Hospital, ranked by US News and World Report as one of the top hospitals in Connecticut, where he also serves on the Quality & Clinical Affairs as well as Finance Committees.

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