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CM September 2020

The CICM magazine for consumer and commercial credit professionals

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CAREERS ADVICE<br />

CAREER ROADMAP<br />

How can you take control of your career<br />

and plan for the future?<br />

AUTHOR – Karen Young<br />

HOW has your outlook on your<br />

career changed over the last<br />

few months? Huge numbers<br />

of accountants have been<br />

affected by remote working,<br />

furlough and constant<br />

change which may have left many questioning<br />

where they stand currently with their career<br />

development and direction.<br />

According to recent research from Hays<br />

surveying 160 credit professionals, half (50<br />

percent) describe their career prospects as<br />

average or poor, and over a third (36 percent)<br />

are unconfident about progressing their career<br />

over the next six months.<br />

In light of this sentiment, I’ve put together a<br />

few tips on how you can control your career in<br />

the current COVID-era and thrive in an everchanging<br />

world of work.<br />

PLOT OUT A CAREER ROADMAP<br />

How much time do you dedicate to thinking<br />

about your long-term career? Despite drive<br />

and ambition, most of us don’t spend enough<br />

time thinking about this even though our<br />

career can make up one of the most important<br />

aspects of our lives.<br />

With half (50 percent) of credit professionals<br />

anticipating moving jobs in the next six<br />

months, plotting out a career roadmap may<br />

help you target your next job and will give your<br />

career move direction and purpose.<br />

Try answering the following questions to<br />

start laying out your roadmap:<br />

• What does your organisation want to<br />

achieve over the next few years?<br />

• How does your role or department support<br />

this?<br />

• What jobs or skills are in demand in your<br />

industry?<br />

• What are the major digital changes<br />

happening in your line of work?<br />

• Who are the leading figures in your industry<br />

and how did they get to where they are<br />

today?<br />

• How has COVID-19 impacted your<br />

profession or industry?<br />

Write down your answers to these questions to<br />

see if they illuminate career ideas or pathways<br />

which you hadn’t considered before.<br />

DEFINE SOME SHORT AND<br />

LONG-TERM GOALS<br />

Your roadmap should give you clarity about the<br />

direction of your overall career, but defining<br />

some short and long-term goals will bring<br />

this roadmap to life and provide you with the<br />

motivation to succeed.<br />

In the next six months: Start by focussing<br />

on where you want to be in six months and<br />

what immediate actions you need to take to get<br />

there. Consider how the COVID-19 crisis may<br />

have impacted the roles and skills that will be<br />

most in-demand in the coming months.<br />

In the next 12 months: Where do you see<br />

yourself in a year? Try to align this to your<br />

current game plan – and again be realistic<br />

about how COVID-19 might have changed your<br />

career prospects.<br />

In the next two to three years: Finally,<br />

project some long-term goals. Keep these<br />

broad enough so they can be reached if you<br />

move jobs during this time.<br />

MAXIMISE YOUR PRODUCTIVE<br />

PERIODS<br />

Working remotely certainly isn’t easy for<br />

everyone, but over the past few months many<br />

have enjoyed the benefits it has to offer.<br />

Perhaps you feel more productive at home<br />

than in the office? Or maybe you’ve improved<br />

your work-life balance?<br />

As offices start to reopen, getting a handle<br />

on your career may involve reevaluating your<br />

split between working remotely and in the<br />

office. Over two thirds (68 percent) of credit<br />

professionals have been working remotely<br />

during lockdown and 52 percent say it has<br />

made them more productive, so if this rings<br />

true for you, consider approaching your<br />

manager to have a conversation about how<br />

you wish to split your time going forward to<br />

harness your productivity. Most (46 percent)<br />

of credit professionals wish to work partly in<br />

the office and partly remotely in the next six<br />

months, so see if this is an option and how it<br />

might suit your working style.<br />

FINALLY, EMBRACE THE CHANGE<br />

Considering all the change in the world of work<br />

at the moment, using this time to take control<br />

of your career can be incredibly reassuring.<br />

However, as the pandemic continues to evolve<br />

there is still much out of our control and a lot<br />

continues to change in our world of work. My<br />

final piece of advice is to accept and embrace<br />

this while taking on board some of the above<br />

points to sharpen your perspective and set<br />

some clear direction for changing times ahead.<br />

Karen Young is the Director of Hays<br />

Accountancy & Finance<br />

Karen Young<br />

Advancing the credit profession / www.cicm.com / <strong>September</strong> <strong>2020</strong> / PAGE 47

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