Key for for all individuals and corporate based in East Coast 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.
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Thus, the provision of several grants from the Singapore Government for individuals and organisations in East Coast 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?
Awesome Tips for a Successful Mid-Career Change
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.
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?
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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
Do you have 'development plan' in place mapping out where you want to go professionally and what you need to learn in order to move forward in that direction? 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?
Managers generally don't think in terms of a 'development plan' for themselves If you one of the few that do, you know that you have to map out career development strategies and increase your knowledge and skills in order to meet your goals.
DEVELOPMENT PLAN QUESTIONS
**Where are you now in the organization? What aspects of your current role do you like and what areas do you find more challenging.
**What would be motivating you to create a 'development plan?' Are you receiving feedback around performance or do you desire to build a bigger career for yourself?
**List your strengths (knowledge and skills) and areas that 'need to improve.'
**What is your ideal career choice - either within the organization or outside or potentially a new career choice?
**What steps will you need to move through to be at your ideal position? For example, you are currently Manager, North American Sales. Your goal is to be Global Sales Director. In your organization, are their career steps in place? If so, for the next rung on your professional ladder, what skills and knowledge do you need to have to meet the requirements? If not, how can you find out?
**Networking - connect with others who can help you with your career goals or individuals in the company that can mentor you in moving forward in your career goals.
CREATE A PLAN
**Objective - what are your career development goals
**What steps will you have to take to reach your career goals?
**Start and end dates for each step
**What will you need to learn - knowledge and skills you will need to have in order to perform each step of your development plan?
**What learning method will you use to increase knowledge or skills?
**How will you financially support your plan?
**Who will be your partners in your career development plan - your manager, mentor within the organization, career coach, outside mentors, and learning organizations?
**Varied responsibilities that teach 'on the job' lessons. Take on new projects or assignments.
**Read about career development - the internet and books can provide you with a wealth of knowledge and help you create your 'development plan.'
**Check out if your company has a "career development" program in place.
**Find a career coach to support you through the process as well as keep you accountable to your overall development goals.
Creating a 'development plan' doesn't have to be perfect. Rather you want to be proactive in building the career you want.
Your manager is not in charge of your career. They can be helpful in guiding and supporting your goals, but you need to create your own career by maximizing the opportunities that are presented and creating new ones. You need a plan to guide you towards your goals.