When experienced professionals begin thinking about what comes next, the question is rarely as simple as, “What job should I apply for?”
You may be considering a larger executive role, a portfolio career, consulting work, a board or advisory pathway, a move into a new sector, or a different balance between paid work, contribution and life outside work.
At this stage, it can be tempting to focus only on titles, remuneration or whether an opportunity looks impressive from the outside. But the more useful question is often: does this next chapter fit the life, contribution and professional direction I want to build?
You do not need to have every answer in place. But it helps to develop a few clear criteria before opportunities begin arriving.
Think of these as your personal decision filters. They can help you recognise what is genuinely right for you, where you are willing to compromise and what no longer fits.
1. Location, travel and flexibility
For senior leaders and people building a portfolio career, geography is not only about commute time. It may affect how often you can be present with teams, whether interstate travel is realistic, the amount of energy you have for board or advisory work, and how your work fits alongside family, community or other commitments.
Consider the practical rhythm you want your week to have. Some people thrive on travel, office energy and in-person leadership. Others want a mix of executive responsibility and more flexible work. Neither is better. The important thing is to be honest about what is sustainable.
Questions to consider include:
- Where do I want to be based over the next few years?
- How much travel is realistic and worthwhile?
- Do I want a role that is primarily on-site, hybrid, remote or nationally distributed?
- How much flexibility do I need in order to make room for board, advisory, consulting or family commitments?
- What kind of working rhythm would support my energy, health and contribution?
2. Values, purpose and organisational culture
As careers mature, many professionals become less willing to separate what they do from what they value. You may be drawn to an organisation because of its sector, purpose, leadership style, social impact, appetite for innovation or the way it treats its people. You may also know from experience that a strong title or attractive package cannot compensate for a culture that is misaligned with how you want to work.
For executive and board roles, this becomes even more important. Senior appointments require you to carry responsibility for decisions, culture, reputation and direction. It is worth asking whether you can genuinely stand behind the organisation and the way it operates.
Consider:
- What values do I need to see in action, not just written on a website?
- What kind of leadership culture allows me to do my best work?
- How important is purpose, social impact or sector contribution in my next chapter?
- What organisational behaviours or cultural signals would concern me?
- What support, development or governance practices matter to me now?
3. Scope, scale and style of organisation
The size and structure of an organisation can shape your day-to-day experience more than many people expect. Larger organisations may offer complexity, resources, national or international scope and broader leadership pathways. Smaller organisations may offer faster decisions, closer access to owners, wider accountability and more direct influence. Not-for-profits, member associations, government bodies, family businesses, start-ups and professional services firms all bring different opportunities and tensions.
For a portfolio career, you may also want to consider how different appointments sit together. One role may offer scale and stability, while a board position, advisory assignment or consulting engagement provides a different kind of contribution.
Ask yourself:
- Do I want depth in one organisation or variety across several roles?
- Am I energised by complexity, structure and scale, or by agility and direct influence?
- Do I want to lead large teams, work closely with boards, advise executives or contribute as an independent specialist?
- What level of accountability and ambiguity am I ready for?
- Which environments have brought out my strongest work in the past?
4. The role itself, and the contribution you want to make
Titles can be useful shorthand, but they are not the whole story. A Chief Operating Officer role can look very different across organisations. A non-executive director role may involve governance, fundraising, risk, strategy, sector expertise or community leadership. A consulting role may offer freedom, but also require you to build a stronger business-development rhythm.
Before focusing too closely on title, consider the substance of the work. You may want to lead transformation, mentor emerging leaders, strengthen governance, shape strategy, build partnerships, improve operations, guide growth or contribute specialist expertise. The clearer you are about the contribution you want to make, the easier it becomes to recognise relevant opportunities even when the title is unfamiliar.
It can be useful to review current role descriptions, board advertisements and advisory opportunities to understand the language different sectors are using. The work you are suited to may be described differently from one organisation to another.
5. Remuneration, risk and financial sustainability
Money matters. At this stage of career, remuneration is often connected to more than salary. You may be considering executive pay, consulting fees, board remuneration, superannuation, leave, travel expectations, professional indemnity, business costs or the financial rhythm of a portfolio career.
The key is to be clear about your financial baseline before you are emotionally invested in an opportunity.
Consider:
- What income do I need to meet my current responsibilities?
- What level of variability can I realistically manage?
- Would a lower salary be acceptable if the work offered greater flexibility, purpose or strategic opportunity?
- What costs or risks come with independent consulting or a portfolio career?
- How does this opportunity support the longer-term financial picture I want to create?
A satisfying career is never only about money. But financial clarity gives you the freedom to assess opportunities with less anxiety and more honesty.
Use your criteria as a decision guide
You may not find an opportunity that meets every criterion perfectly. That is normal. The point is not to build an impossible checklist. It is to understand which factors are non-negotiable, which ones are important and where you are prepared to make a trade-off.
For some people, the strongest opportunity may meet four out of five criteria. For others, one factor, such as values alignment or flexibility, may carry more weight than all the others combined.
The important thing is to make those decisions consciously. A clear set of criteria can help you move through executive, board, advisory and portfolio opportunities with more confidence. It gives you something steadier than instinct alone: a way to test whether an opportunity fits not only your experience, but the life and contribution you want the next chapter to hold.

Karen Hollenbach helps thoughtful professionals, leaders and organisations show up with greater clarity, confidence and purpose.
Subscribe to How We Show Up, Karen's fortnightly newsletter featuring small observations from work, books and conversations on thoughtful visibility in a noisy world. You can also connect with Karen on LinkedIn.

