(Job listings) THE ACADEMY OF BUSINESS STRATEGY - REACTIVE CAREER MANAGEMENT
By Kenneth Troon
Dr. Pauline Joseph DBA MBA
Research from the leisure industry tells us that only 7.5 per cent of members who join a gym actually attend on a regular basis. The remaining 92.5 per cent still pay their annual or monthly membership fees but do not attend regularly.
What is even more interesting is that members who make up this 92.5 per cent have no regular attendance patterns at all. They may attend regularly for a month or two and then lose interest. In six months time they try again for a month or two and then once again lose interest. By contrast the members who make to the 5 per cent who do regularly attend are likely to have consistent exercise plans which they implement methodically and improve gradually.
We receive similar feedback from the hospitality industry. Hotels groups report that those hotels with more extensive leisure and fitness facilities regularly tend to achieve higher bookings than those hotels where such facilities are lacking, but the interesting thing is that we still find that only 12 per cent of hotel residents then actually use these facilities during their stay.
As we mentioned earlier research conducted on Harvard students 20 years after they had graduated showed that 5 per cent were earning more money than the other 95 per cent combined. The only difference was that 5 per cent had clear practical career objectives before studying and were merely using the Harvard programmes as vehicles to identify the correct strategies in order to achieve their career objectives. The remaining students were enrolling upon these programmes because they wanted to achieve a Harvard qualification in the hope that this would somehow lead to greater career prospects.
This latter objective is perfectly reasonable of course and would invariably be achieved to some degree, but the fact that 5 per cent of these students will still achieve more money than the other 95 per cent combined is an enlightening statistic. The difference is nothing more complicated than having a good career management strategy in place and being capable of implementing it.
All of these statistics from various different industries are ultimately really telling us the same story. The majority of people tend to be reactive by nature, in other words, they do things only when they have to and tend to wait for circumstances to jolt them into action. This trend is also reflected within companies too. Some of the biggest global companies can still at times be managed and directed by a reactive management team.
This merely reflects human nature of course. We have seen it so many times where a company has achieved significant growth, secures significant market share, only to squander this achievement by then becoming complacent.
Developing an effective career management strategy is rather like developing an effective diet. Crash diets simply do not work. Indeed they tend to be bad for our health. We may lose some weight in the short-term but it will invariably all go back on when we lose interest and go back to living the way we were before we started the diet. All that we have achieved by doing this is putting our bodies through harmful and unnecessary stress.
Sustainable weight loss is achieved only by introducing a positive and permanent change of lifestyle. The emphasis here of course is on the word permanent.
Studying is very similar. Those students who have not studied since they left university and are considering enrolling upon a programme maybe 10 or 20 years later, will always find it much harder than those students who have always committed 10 per cent of their time towards ongoing self-development ever since leaving university.
So we have learnt that the majority of people are reactive by nature. This is in itself no great surprise, but perhaps the extent of this complacency, as illustrated within the statistics above, is the most disturbing factor. You can to some extent understand complacency creeping in at times with exercise, diet, leisure and studying. We are after all none of us perfect. But it is still somewhat surprising and disturbing that so many of us appear to be complacent with the development of our own careers.
Our career, after all, is about survival and prosperity. It directly affects our quality of life. Money and success do not in themselves buy happiness, but they certainly help. The biggest cause of negative stress is caused by the feeling that you are not in control.
Consequently not being in control of your own career development surely constitutes one of the major causes of stress and inevitably poor health too. Proactive career management is not just about being able to earn more money. It is about achieving a better work-life balance, achieving a better quality of life, spending more time with your family and improving your health. The fact that 95 per cent of the working population are prepared to leave this entirely to chance is amazing.
In reality most individuals only tend to think about their career development when they are forced into doing so by some form of emergent change, such as redundancy, a lack of promotion prospects, a disagreement with a work colleague perhaps, or a sudden recognition of a lack of personal achievement when compared to our peers.
We then tend to put in a disproportionate amount of effort in over a short period of time until the problem we have identified has been resolved quickly and then the sooner we are able to fall back into our comfort zone, commonly referred to as complacency, the happier we will be.
We all know of course whether we should consider ourselves to be part of the 5 per cent proactive category or the 95 per cent reactive category. Recognizing and actually admitting that we are probably in the latter category is for many a challenge in itself. We all like to consider ourselves to be successful and we all consider that we work very hard too, but career management success should be measured solely by our achievements, not by how hard we might work.
ABOUT THE AUTHOR
Dr. Pauline Joseph DBA MBA is a human resource specialist who has 11 years experience in HR and 8 years experience within the executive recruitment industry. She has enjoyed a rewarding career in the board room of market leading global companies within the Fashion, Retail, Leisure and Healthcare industries. She now works within the professional education industry and is a registered Professor at the Academy of Business Strategy.
URL LINKS
Certificate in Career Management Strategy.
Clothing Careers With The Executives Closet
Build Your Own Business
By vikram kuamr
Many entrepreneurial people dream of building their own businesses and someday being the boss of their own personal business empires. Such big dreams start with a small step. What better industry to start your business in than the fashion industry? Clothing careers are among the few careers that better resist the decline in business when the economy takes a turn for the worse, depending on the particular sector of the fashion industry that your business operates in. With products from The Executives Closet, you will find that your business numbers among the more recession-proof businesses in the market.
This is due to the nature of the products being marketed by The Executives Closet, which is custom tailored clothing for the well-heeled customer. Customers who are interested in such clothing are generally well-to-do in the first place, and they are not affected by economic recessions in the same way that most other people are. You will therefore find that business is not really affected as badly as other businesses in times of economic recession.
Another problem that entrepreneurs who wish to start businesses in the fashion industry face is the sheer difficulty involved in creating their own brand. Starting a fashion label involves creating a whole new line of original clothing. This means that you will have to design the clothing, find a manufacturer, have the clothing made, then transport them to your store before you can begin the process of marketing and selling them. This requires a huge amount of capital that most people just starting out in clothing careers rarely have.
The Executives Closet solves this problem for you by allowing you to market their products under your own label. This means that you will be able to start your own business selling custom tailored clothing, shoes, and accessories under your own brand name, while obtaining all of your stock and products from The Executives Closet. This will give you a fantastic jumpstart in the fashion industry, positioning your business for rapid growth and giving you plenty of potential for future expansion once customers have become familiar with your personal label.
The Executives Closet produces only the finest in custom tailored clothing, so you will never need to worry about the style or appeal of the clothing that you are selling. Instead, you will be able to concentrate your efforts on marketing your brand, attracting new customers, and keeping your old customers coming back for more. Once you have managed to build up your business to the point where it is self-sustaining without too much additional effort on your part, you will then be ready for expansion.
As clothing careers go, this is probably among the best options that give you the potential and opportunity to move on to greater things in the future. Clothing careers with The Executives Closet truly pay off, and you will not regret associating your brand name and your own name with the excellent products and services produced and provided by The Executives Closet.
For the most satisfying and rewarding of clothing careers, be sure to visit The Executives Closet website and see for yourself the clothing careers options that they have to offer up-and-coming young talent in the fashion industry.
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