Key for for all individuals and corporate based in Dhoby Ghaut Singapore, should always be on skill enhancements. Most times mid-life career changers are overlooked when we consider the need for career guidance and counselling. Timely investment in nurturing the skills through appropriate training programs in today’s world of digitization could define the future of the company and the economy as a whole.
Support During Career Transition: Keeping Upbeat and Focused
Thus, the provision of several grants from the Singapore Government for individuals and organisations in Dhoby Ghaut at various stages of their life is a boon. This opens a doors to a rewarding career option for those who are looking for good money and great job satisfaction from their job.
One must plan to build upon skills for their own personal and future growth. In today’s business environment, you need to manage your own learning. When you are managing employees, you think about their development within the organization. What about yours?
Skills Enhancement Guide To Training Mid-career Workers
Although there is a growing trend towards purchasing digital tools as a service, the barriers to Digitalization remain relatively high. ‘Going Digital’ in itself, is expensive and requires SMEs to actively plan for the business as a whole in a longer-term time horizon.
Employee engagement that is often used is providing training and development. We know that this is a very strong motivator, particularly among early and mid-career employees. The opportunity to grow, to continue to learn, to be challenged, to be able to take relevant course work either through tuition reimbursement programs for education outside of the company, or through company sponsored training can be a strong motivator. Additionally, mentoring, various types of project work, and job rotation, are all different ways that companies can encourage the increasing knowledge and skills of their workers. This is often very effective portion of the employee engagement strategy.
However, there are challenges for this strategy as well. As companies have downsized, particularly in the latest economic downturn, they may be unable to afford the training budgets that they used to offer. Some companies are getting creative in this area, but again cost is a limiting factor.
Another concern around training and development is that sometimes employers will use training as a solution for other problems when, in fact, it may be a system or operational issue or other type of issue. Some companies will throw a training solution at a problem when training is not really the solution to the problem. So training and development can be misused as a method of employee engagement.
That leads us to the question, "What other strategies are there?", What we're finding which is really motivating and incredibly effective for increasing employee engagement, is meaningful work. Meaningful work, where employees are engaged in such a manner that aligns with their values, doing work, performing tasks, using knowledge and skills that really allow them to contribute. Not just their time and their experience, but in a form of work which somehow resonates with their personal values, their personal mission, their personal passions. Employees are seeking a way to express this in the workplace and I have seen this throughout my experience working with organizations.
The most admired leaders have a deep commitment to what they are doing. Not just how they contribute to the products and services of their company but the bigger picture. Their real vision for what they are accomplishing on a grander scale is a huge motivator for employees, especially those in a leadership role. In fact, Kelly Global Workforce conducted a study with over a hundred thousand people across 34 countries worldwide and over half of the workers in this study said they would give up status and pay to have more meaningful work. Just think about that - over half of the people in the study, would rather be doing meaningful work than have better status and more pay.
What is interesting to note about the study is that it was conducted during the worst of the recessionary time in late 2008, the beginning of 2009. So amidst a global economic crisis, workers were saying that meaning is more important than pay. I think therefore that this new approach to employee engagement should be what companies and organizations are looking at. How do we make sure that employees are really are aligned with what the company is doing and that the company is providing goods and services that contribute to society in a positive way? How do we ensure that what workers are doing in their individual roles and responsibility taps in to what is personally meaningful for each of them?
The Benefit of a Personal Support Worker Training Program
New government grants for startups, instituted to provide funding to individuals and SMEs to hon their skills for better future.
Key areas suggested by Lifeskillsnutrition where you may benefits in future are:
- Business excellence program
- Business strategy development program
- Technology innovation program
- Human capital development program
- Intellectual property and franchising program
- Productivity improvement program
- Enhancing quality and standards program
Mid-life career changers often consider returning to school. Here are 3 reasons why you might consider getting an MBA... and when you might consider an alternative approach to growing your career..
(1) Supplementing skills in a field where you are already successful.
An MBA degree has become extremely popular as a second degree to supplement an existing specialty. For instance, nurses and doctors are seeking business knowledge in such large numbers that some universities have created special programs for them.
This option makes sense if you can use the knowledge immediately and you can pay for the program comfortably. If you are not self-employed, make sure your employer or the employment marketplace will reward your efforts.
(2) Using an MBA degree to find a new career in a totally different field.
"Nathan," was employed by a firm that marketed business seminars. He wanted to work for a nonprofit firm that promoted green business. He couldn't see how to make the leap so he thought, "Why not an MBA?"
Nathan needs to talk to at least 6 people who work in firms like the one he wants to join. He needs to target employees at sufficiently high levels in this firm, asking how they achieved their positions. He may find that firms in this field look for MBAs from specific schools, with specific majors and/or with specific experience.
Most important, if you choose an MBA for career change, make sure your program allows networking with other students. Once I taught a class in an Executive MBA program when one participant lost her job. Her resume landed on the desk of a classmate who recognized her and moved her application to the top of the pile.
(3) Using an MBA to get promoted within your own company.
"Susan" worked for a medium-sized company. She couldn't understand why her promotions were blocked. Her bosses told her she needed marketing courses. When she completed her marketing courses, they said she needed finance...and maybe an MBA.
Susan needs to figure out if she really needs all this training or if her bosses are finding creative ways to turn her down, over and over again.
Generally you need to look at your company's history. Sometimes an MBA from just about anywhere will give you a leg up the corporate ladder. But you have to think more broadly. Even with an MBA, you are not protected from company politics and downsizing. Consider what you would do if you had to take your MBA elsewhere. Would you still be recognized?