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Looking to make a few changes in your career journey? In this post, we share our thoughts on the idea of re-shaping one’s plans and career path in light of what has been happening around the world.
Post Pandemic Rebooting
The world is slowly but surely overcoming the devastating Covid-19 pandemic.
Fortunately, the financial sector has been one of the industries that have shown a strong recovery more than a year after the pandemic broke out.
Most stocks are performing much better now than they were when the downturn hit.
Despite the markets showing signs of better days ahead, it is important not to forget how close you might have come to losing your job.
As an outstanding professional, this post-pandemic period is an excellent time for you to undertake career rebooting to pursue further career growth.
What is career rebooting?
According to reliable statistics, an average professional will change jobs over 7 times throughout their career.
Most of these job changes are caused by redundancies or as a measure to pursue greener pasture.
Career rebooting involves a professional pursuing higher education, updating their skills and knowledge to encourage career growth.
Whether you are a finance professional working for an insurance company, bank, or brokerage house, engaging in career rebooting now will undoubtedly have a significant positive impact on your trajectory.
To realize the maximum growth effects, it’s vital that you do the pivoting correctly.
Get ready for the journey ahead
Rebooting is a journey, and like any other journey, you will likely encounter challenges along the way.
Therefore, it’s necessary that you prepare yourself for what lies ahead.
Understand that you are doing this because you possess a great potential that you want to unlock.
Research your options
Though the financial industry has constantly been evolving, the evolution is happening much faster now than ever before.
The trends from ten years ago are obsolete now, and what’s trending now might not be in a few years.
As a competent individual, it’s vital that you research your options. Look at your firm’s internal vacancies and their history, and where you want to fit in.
Investigate any indications of the firm’s direction, and the industry will be taking in the coming years.
You don’t want to go for what’s hot now; find out what steps you need to take to conquer the future.
Here are some predictions from some of the best minds in finance on where the industry will be in a few years;
- Touchless transactions will be the norm as automation and blockchain will have become more mainstream
- Periodic reporting will go extinct, and real-time reporting of financial cycles will drive operations and decisions
- New service delivery models will emerge as more robots and algorithms will be part of the workforce
- Self-service will be the standard, and this will disrupt finance
Cross-check your strengths
Once you have completed your research, you will likely come up with a shortlist of options.
You need to cross-check the choices you have on your shortlist with your strengths.
The best way to go about cross-checking is by conducting a SWOT analysis on yourself.
We will have part 2 up in exactly three days. But we have to say thanks again for stopping by!
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The QuestionBank Family