What is Charting Your Course With Coaching, Inc.?

I established Charting Your Course with Coaching, Inc., in 2010 after completing life coaching training with Fowler- Wainwright International Institute of Professional Coaching. I became attracked to the field of coaching because it incorporates the concepts of spirituality, balance and the belief that the answers we seek are within us. As a life and career transition coach, I will assist you to identify your personal needs and goals. We will use this information to determine how your occupation fits into your concept of life. We will identify the barriers to attaining your vision of career success. This could mean finding your first professional position, changing your career, climbing the corporate ladder or phasing into retirement. Call me at 402.965.1496 or email me for more information. Your initial session is free.

17 January 2012

Take your career to new heights by going green!

         You are in the process of revising your resume and possibly re-evaluating your career objectives  You might be considering the option of exploring an alternative occupation.  But what does this have to do with going green?  The process of re-inventing yourself requires you to recycle your present skills.  Understanding life cycles will provide you with valuable information that will facilitate this process.   Why?  Occupations are like all other living organisms.  Everything is born, grows, matures and then declines.  It is important for you know which stage your vocational field is in process, to make a sound decision. 
         As an employee, you also have a work cycle which is determined by your attitude about employment.  People that are described as being on the "fast track"  have a work cycle similar to:
  1. 1st year master skills to perform job (growth)
  2. 2nd year provide outstanding performance and take on challenges that foster professional growth (growth)
  3. 3rd year continue outstanding performance while seeking promotion (rebirth) 
This growth cycle is similar to the life cycle of single cell organisms.  They grow to a critical size and then split in half.  Like single cell organisms these employees continues to growing and seek new opportunities. 

Other employees' career cycle can be described as:
  1. 1st or more years to acquire skills to perform job (growth)
  2. 2nd+ year perform job duties at satisfactory level (maturity)
  3. 3rd begin retirement planning (decline)
Which one of those scenarios more accurately describes your employee work cycle?

        There are several theories for business life cycles.  The most popular are the Kitchen Cycle, the Juglar Fixed Investment Cycle and the Kondratieff Wave or K-Wave.  These theories are used by investors and managers to understand the business environment and to predict future trends.  A small business life cycle is described as establishment, growth, expansion, maturity and decline.  Manufactured products have a four stage life cycle.  The four stages are:
  1. creation
  2. public awareness with increasing profitability
  3. brand definition which ends with declining profitability
  4. market saturation with diminished sales
Personal products such as clothing follow a similar life style but profitability could peek either before or after the growth phase.  Items that peek prior to the growth phase are called "fads".  Could you describe your occupation as a fad?  What about your attitude?  Is your peek performance prior to you acquiring all of the skills necessary to perform the job?  Not certain what constitute a fad occupation - then consider llama farming.   Llama wool in the 1980s was supposed to become very popular but it never did.  Therefore, llama farming became popular but never grew/matured befored it declined.
           Occupations are created, grow, mature and decline.  Each phase could last a few years or multiple generations.  They can transition from one phase to another slowly or very abruptly.  As you consider your career direction you need to know if your current occupation is growing, matured or is on the decline.  This is not a new concept and is not related to the current economy.  As baby boomers, we remember the TV repairman.  During the 1950s and 60s this was considered a very technical job and paid well.  No one would pursue that occupation today.  The computer industry has generated a series of occupations since the 60s.  Many of those occupations no longer exist or have significantly evolved.   
         What affects the life cycle of an occupation?  It starts because there is a change in society that generates a need.  There are multiple sources for change including advances in technology, medicine or cultural values.  There is a demand for people with the skills that can fill that need.  In the begining there are no specific credentials, training programs or professional organizations. As it matures, formal training and employment criteria becomes available.   People that are actively working in the industry but might not meet the educational criteria that is being esablished and are "grandfathered" for a limited time.  As the industry grows, everyone is expected to meet the established criteria and grandfathering is no longer an option. Finally, there job market becomes saturated with potential employees the demand for greater skills increases while the number of positions and salaries decline.
         What should you ask yourself to determine your occupations life cycle status?
  1. Is there a demand for the product or service I provide?
  2. Is the demand (number of positions) increasing, stable or decreasing?
  3. Are the salaries for someone with my skills increasing, stable or decreasing?
  4. Can my product or service be automated or consolidated with another task?
  5. Do institutions of higher learning (IHL) provide training in my field?
  6. How difficult is it for someone to acquire the education to perform my job?
  7. How do IHLs help student secure employment? 
  8. What is their graduation rate?
  9. What is job placement rate?
  10. Has there been any scientific, economic or social developments that affect how my product/service is percieved?
  11. Where is the market for my product or service?
If your answer to these questions, are negative then perhaps you are in an occupation that has matured and is facing decline.  Remember, needs stay the same but how they are met changes.  A new product  or service delivery methods will emerge to replace the current one.  In order to be employable you will need to recycle yourself. by having the current skills and lexicon. Reading professional journals, magazines and books will help.  Your goal is determine what is "cutting edge" in your field and convey that image.  Another option is to relocate to where the market continues to be stable or is growing.  Finally, you have the option is to pursue employment in a different field.

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