Key Two: Regularly research your future careers prospect.
We are in a world of constantly changing careers, some are disappearing very fast, others are expanding and new careers are being created through research, development and innovation.
It has been called an “age of creative destruction”. It is said that “85% of careers today’s High School leavers will do in their lifetime have not been invented yet”. Therefore, it is highly unlikely that you will do only one job in your lifetime, it will probably be at least 5 or 6 in a working career.
This rate of change makes it imperative that each of us researches and prepares for our future career prospects. Otherwise we run the risk of having no direction or being unprepared our next career.
Your education, training and skill development needs to be in areas that will be opportunities not dead ends. In doing study, remember that education is big business, most educational institutes have two main goal a) they want students for their revenue and b) they want to build the reputation of their institute. Neither of these are your primary career need, for your best career prospects you should use education to help your career opportunities.
Certain careers will reduce in the number of people required for that industry or profession. Compliance accounting is one such area, with online accounting software linking with bank accounts, processing tax returns online it is becoming more automated.
Other professions or industries will require more people as they grow or innovate into new areas which never previously offered employment opportunities. When computers were first invented it was estimated that the industry would only require a few hundred people, now IT is a major source of opportunities and expanded quickly with internet and mobile devices.
Some professions will adapt, medical is an example with increasing focus on prevention as research finds more about the causes of illnesses and diseases.
Legislation changes can create whole new industries, safety legislation is an example. The important issue is to keep up to date with what is happening in any industry or profession that you are training or studying for. You may need some mid-course correction to make sure you are on track towards employment that will be there when you are ready.
When you know where careers are going you can then apply the next key.