CM September 2020
The CICM magazine for consumer and commercial credit professionals
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