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By Devashish Chakravarty
If you're fed up with your boss or your firm, you could switch jobs. But what do you do if the job profile is great, yet you believe that you've reached a dead-end? This could be a good reason to switch to a new sector. Other reasons would include your industry going into a tailspin, losing revenue, shedding people and leaving no room for growth for the remaining employees. However, remember that switching industries can be challenging, especially in a recession where recruiters are spoilt for choice. Here is how you can best overcome that challenge.
Where do you go?
The first step would be to identify the target industry. Make a shortlist of potential industries by checking out the following things: a) Which industries have hired professionals from your current firm or industry? b) Which job advertisements use key words that accurately describe your present role or responsibilities? c) Which other industries do the vendors of your firm work with? d) What do mentors and senior professionals in your industry advise you?
Next, research this short list of industries to figure out the demand for professionals with your abilities and the growth opportunities on offer. Match these with the salary paid and your expectations. Figure out whether the long-term prospects of the industry are positive. The sustained profitability of the target industry will have a greater influence on your success than your individual competence.
Read more about it here:
How to change job and get hired in a new industry - The Economic Times
If you're fed up with your boss or your firm, you could switch jobs. But what do you do if the job profile is great, yet you believe that you've reached a dead-end? This could be a good reason to switch to a new sector. Other reasons would include your industry going into a tailspin, losing revenue, shedding people and leaving no room for growth for the remaining employees. However, remember that switching industries can be challenging, especially in a recession where recruiters are spoilt for choice. Here is how you can best overcome that challenge.
Where do you go?
The first step would be to identify the target industry. Make a shortlist of potential industries by checking out the following things: a) Which industries have hired professionals from your current firm or industry? b) Which job advertisements use key words that accurately describe your present role or responsibilities? c) Which other industries do the vendors of your firm work with? d) What do mentors and senior professionals in your industry advise you?
Next, research this short list of industries to figure out the demand for professionals with your abilities and the growth opportunities on offer. Match these with the salary paid and your expectations. Figure out whether the long-term prospects of the industry are positive. The sustained profitability of the target industry will have a greater influence on your success than your individual competence.
Read more about it here:
How to change job and get hired in a new industry - The Economic Times
