Editor's Note: Take a look at our featured best practice, Leadership Self-Management Skills (246-slide PowerPoint presentation). Unlock Your Leadership Potential with the Ultimate Self-Awareness and Self-Management Toolkit! Are you ready to take your leadership skills to the next level? Introducing our comprehensive 210+ slides PowerPoint deck--the ultimate Self-Awareness and Self-Management Toolkit. Packed with [read more]
How to Successfully Transition to a New Industry
* * * *
Changing careers has become increasingly common in today’s rapidly evolving job market. Working professionals are now more open to exploring new opportunities and switching careers because of personal desires, changing interests, or shifting market demands. Doing so is also more accessible thanks to the continuous growth of modern technology.
Transitioning to a new industry can be a rewarding experience. However, it also comes with various risks and uncertainties. For many, it will be starting from scratch. They must navigate unfamiliar territory, acquire new skills, build networks, and even protect finances during this career change.
While the whole process can be daunting, it’s not entirely impossible. With the right approach, employees can transition smoothly to a new industry. Read this guide below for some helpful tips when changing careers.
Why Professionals Change Careers
Changing careers is an idea that many working professionals consider over time. Before learning how to transition smoothly to a new industry, let’s look at some of the reasons employees go through the whole process. These reasons might help cement your decision to change careers.
Work Flexibility
Work flexibility has become a vital component of modern workplaces, especially with the rise of remote work. Employees are now more keen on balancing their personal and professional lives, and without it, they’re likely to burn out and leave.
Finding work flexibility is one of the reasons why employees change careers. Some industries are more flexible than others regarding schedule, workload, and collaboration.
New Values and Objectives
Sometimes, employees get a sense of awakening and find that the company they work for no longer aligns with their values and goals. When that happens, they feel like they’ve outgrown their current workplace and seek other opportunities to continue growing.
For example, employees might change their minds about working for a private company because they want to help the world more by joining a nonprofit organization. These changes sometimes occur as employees go deeper into their careers. When they do, employees would want to pursue them to achieve better professional satisfaction, even if that means changing industries.
Pursuing Passion
More often than not, individuals make impulsive decisions when entering the corporate world for the first time. Some of them pursue job openings without thinking about what they actually want to do as professionals, thinking it’s more practical to have a job now than much later.
One of the main reasons why employees switch careers is to pursue their passion in a particular field. This passion could have stemmed from their younger years or something they had just discovered. Regardless of the reason, pursuing passion is a step that can make the working experience more meaningful and fulfilling for the individual.
Unhappiness with the Current Field
Feeling dissatisfied at work is one of the most significant reasons employees change careers. Many factors contribute to an employee’s unhappiness. It could be because of extreme pressure, long working hours, or minimal benefits. Regardless, if continuing with your current job and field is unfulfilling, then it’s best to pursue other careers.
Tips on Making a Career Shift
Changing careers is a challenging task. Doing so requires various steps, from research to practice. If you want to transition into a new industry smoothly, below are some tips you must follow.
Take a Break from Your Current Work
Balancing your current responsibilities while building your new career can be daunting. If you can, take a break from your current job so you can focus on learning more about your preferred industry and gaining new skills to build your qualifications.
Your company may have a sabbatical policy that you can utilize so you won’t have to take a leave of absence. Otherwise, take a few days off to do such tasks.
Before applying for any job, it’s best to acquaint yourself with the industry and all the necessary factors. Doing so will help boost your knowledge of your desired field so you can transition smoothly into your new career.
Moreover, identify all the hard skills required in that industry and start acquiring them. The good news is that learning a new skill is more accessible now, thanks to various online courses and programs. Actively developing such skills will help you enhance your qualifications when applying for a new job.
Start with a Side Project
Don’t apply for a new job after acquiring the necessary knowledge and skills. Test yourself to see if you’re a good fit for the new role. The best way to do this is by starting a side project.
Working on side projects is beneficial for your career transition. It provides a hands-on experience that helps you better understand your new industry. It also offers you an opportunity to boost your portfolio. That way, you can have evidence to showcase your expertise to employers.
Build Your Credentials
Some industries require professionals to get a certification, license, or degree. Determine these requirements and start immediately acquiring them. Unfortunately, some fields, like healthcare, law, and business, require individuals to take years of advanced education. If you’re interested in pursuing such areas, try to hold on to your current job to maintain financial stability.
Tap Your Network for Referrals
Referred applicants are more likely to secure a job opening than others. That’s why it’s best to tap into your network to increase your chances of getting hired when transitioning to a new industry.
Ask friends, colleagues, and family members to see if there are job opportunities in their companies related to your desired field. Their insights about your background and character will help boost your qualifications when applying for a new job.
Don’t Rush the Transition
Lastly, changing careers takes dedication and careful execution. The challenging part is juggling the transition with your current job. Give yourself time to make the process easier. Take your time with the process; don’t worry if you don’t land a job immediately. Keep boosting your knowledge and skills until you’ve mastered every aspect of your desired industry.
Transition with Care
Transitioning to a new industry is an exciting and transformative journey that can lead to fulfilling professional growth and other benefits. The process presents various challenges. However, when done right, you can successfully navigate the transition, and achieve your new goals smoothly.
Do You Want to Implement Business Best Practices?
You can download in-depth presentations on Career Management and 100s of management topics from the FlevyPro Library. FlevyPro is trusted and utilized by 1000s of management consultants and corporate executives.
For even more best practices available on Flevy, have a look at our top 100 lists:
- Top 100 in Strategy & Transformation
- Top 100 in Digital Transformation
- Top 100 in Operational Excellence
- Top 100 in Organization & Change
- Top 100 Management Consulting Frameworks
These best practices are of the same as those leveraged by top-tier management consulting firms, like McKinsey, BCG, Bain, and Accenture. Improve the growth and efficiency of your organization by utilizing these best practice frameworks, templates, and tools. Most were developed by seasoned executives and consultants with over 20+ years of experience.
Readers of This Article Are Interested in These Resources
|
22-slide PowerPoint presentation
|
|
Excel workbook
| |||
About Shane Avron
Shane Avron is a freelance writer, specializing in business, general management, enterprise software, and digital technologies. In addition to Flevy, Shane's articles have appeared in Huffington Post, Forbes Magazine, among other business journals.Top 10 Recommended Documents on Career Management
» View more resources Career Management here.
» View the Top 100 Best Practices on Flevy.