Career management—perhaps the most used
terminology in one's lifetime—starts from
school days and continue up to a time
when a person finally decides to hang-up the
shoes. Sometime even it continues further if the
people prefer to take another chance by engaging in related
or unrelated field. Although it is a most used phenomenon in all circles, there is hardly
any guaranteed route to follow. One may feel and advocate that securing a white color job in any
blue-chip company is all about securing a
sophisticated career. Well, that is, in the real sense, only
the beginning of the process and not process as a
whole. Individual's career is largely dependent upon
the performance of organization one attaches to. In
this age of global economy business risks are
always looming at the organization. Even the best
of organization remains unsure about their
business projection and profitability as the slightest move
in the market creates havoc.
All the aforesaid phases have unique challenges to mitigate. But across the phases
one issue is constant that one needs to
address—the economic environment that one is entangled
with. The economic boom or bust is part of
business cycle for all kinds of industry. Any career
decision depending upon the existing market trend often
is not sustainable. One needs to put effort and
give sometime to become industry ready for the
specific purpose. The moment one become ready with requisite skill—the demand may become
non-existing. It is thus imperative to have
conceptual skill to foresee the market happening and
get equipped. The ability to foresee the market dynamics is however directly related to
the understanding the constituent of career environment.
The career management largely encompasses selecting determinants of the
environment. Everyday, the opening up of industry is
throwing new challenges. The technological change, demanding customer choice
and competitor's move, creates a compelling situation for
the organization—thus leading the insiders to
deliver new product through relentless innovation.
The challenges are manifold. One may call it `GLOCAL'—as it ranges from larger issues
like global recession to a micro-local issue like
pressure from antisocial elements for ransom. |
