Managing your career in uncertain times
Dear Anxious,
The goal setting inherent in career management is intended to give you a sense of control over your destiny and how you invest your time and energy. According to the Business Dictionary website, “Career management is a lifelong, self-monitored process of career planning that involves choosing and setting personal goals, and formulating strategies for achieving them”. But while a career can be managed with some assurance in stable market conditions where change is predictable, in times of uncertainty -- like we are experiencing across the globe at present -- a planned career path is a luxury few can afford.
The workplace is changing. There are no longer jobs for life, and many individuals are now likely to have ten to15 jobs in their lifetime. In Trinidad, we have seen a downturn in construction, energy, financial services and manufacturing with redundancies across industries in reaction to both real and anticipated decreases in business.
In uncertain times, there is a natural response to put your head down and hope for the best. Often known as “turtling”, this is a hope for the best strategy, but it isn’t a strategy at all. This is the path of zero control. The second common reaction is for people to jump ship and grab the first job that comes along. And although you may get lucky, rushing career decisions always maximizes risk. Additionally, looking for cents here and there, tightening the terms of contracts, holding on to projects and guarding your little empire all contribute negatively towards your job security and reputation. Hanging on means behaving in ways that demonstrate to other people that your sole concern is your own security rather than the good of the team, organisation or customers.
If you want to keep your job, you need to become part of the solution, demonstrating both leadership and strength to others. Give clients a reason to ask for you and become indispensable to the firm. It is okay to be worried and focused on your own career, but don’t forget that you work with other people who are very likely feeling the same fear. Operate from a position of confidence and continue to be a team player. This is the time for boldness and courage – not whining about life being unfair.
Before the worst happens, start to prepare. Inventory what you can offer the next employer – assess your brand – and start building the skills and experiences you need to move forward. Begin to secure your network by getting out there and cultivating multiple channels for promoting your brand. Volunteering inside and outside of work is a great idea for both networking and marketing yourself. If you can volunteer for extra tasks or planning committees at work, do it. You’ll become more involved with your coworkers and also become a more valuable team player for the company. Volunteering in the community or through professional organisations is also a great way to network and could also give you a renewed sense of thankfulness and well-being.
If you do lose your job, consider that many people go on to bigger and better jobs after redundancy. This could be the push you need to explore different career options, start your own company or to seek inspiration in education. Finding a new job is not impossible – it just requires preparation. Make sure your resume is ready at all times, and keep up with trends in your industry and discipline, so you are ahead of the curve. Many industries are thriving in this downturn so talk to employment agencies, headhunters and chambers of commerce about what opportunities may be available.
In short, you cannot sit back and wait for the worst to happen. Think of this detour as an adventure and a learning experience instead of disaster. Maintain a positive attitude and keep an open mind. Life isn’t predictable, and you never know what great opportunities may come - just make sure that when they do come, you are prepared and ready to receive them.
GOOD LUCK, AFETT.
AFETT is a not-for-profit organization formed in 2002 with the goal of bringing together professional women and engaging in networking opportunities, professional training and business ideas. ASK AFETT is a column meant to address issues and concerns of professionals seeking advice to assist in progressing in their careers. Today’s response was written by AFETT member, Lara Quentrall-Thomas, Founder of AFETT and Chairman of Regency Recruitment & Resources Ltd. Learn more about AFETT at www.afett. com, search for AFETT Events on Facebook, follow us @AFETTEXECS on Twitter or contact us at 354-7130. Email us your career-related questions at admin.afett@gmail.com.
Lara Quentrall-Thomas, Founder of AFETT and Chair¬man of Regency Recruitment & Resources Ltd
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"Managing your career in uncertain times"