flevyblog

Flevy Blog is an online business magazine covering Business Strategies, Business Theories, & Business Stories.
MANAGEMENT & LEADERSHIP STRATEGY, MARKETING, SALES OPERATIONS & SUPPLY CHAIN ORGANIZATION & CHANGE IT/MIS Other

How to Successfully Transition to a New Industry

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]

* * * *

Image by Yasmina H. on Unsplash

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.

180-slide PowerPoint presentation
Unlocking the Power of Personal Branding: Your Complete Business Toolkit In today's hyper-connected world, personal branding has emerged as a vital asset for individuals in various fields. Whether you're an entrepreneur, a job seeker, a creative professional, or anyone looking to stand out and [read more]

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:

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


Excel workbook
Excel template for developing a personal Brand Statement, along with supporting Objective(s), Strategy, Tactics, and Success Measures. First tab is a completed example. Includes description of Value Propositions, how executives experience me strategically and interpersonally in a global pharmaceutical context.


 
22-slide PowerPoint presentation
 
 
35-slide PowerPoint presentation

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.




Complimentary Business Training Guides


Many companies develop robust strategies, but struggle with operationalizing their strategies into implementable steps. This presentation from flevy introduces 12 powerful business frameworks spanning both Strategy Development and Strategy Execution. [Learn more]

  This 48-page whitepaper, authored by consultancy Envisioning, provides the frameworks, tools, and insights needed to manage serious Change—under the backdrop of the business lifecycle. These lifecycle stages are each marked by distinct attributes, challenges, and behaviors. [Learn more]

We've developed a very comprehensive collection of Strategy & Transformation PowerPoint templates for you to use in your own business presentations, spanning topics from Growth Strategy to Brand Development to Innovation to Customer Experience to Strategic Management. [Learn more]

  We have compiled a collection of 10 Lean Six Sigma templates (Excel) and Operational Excellence guides (PowerPoint) by a multitude of LSS experts. These tools cover topics including 8 Disciplines (8D), 5 Why's, 7 Wastes, Value Stream Mapping (VSM), and DMAIC. [Learn more]
Recent Articles by Corporate Function

  

  

  

  

  


The Flevy Business Blog (https://flevy.com/blog) is a leading source of information on business strategies, business theories, and business stories. Most of our articles are authored by management consultants and industry executives with over 20 years of experience.

Flevy (https://flevy.com) is the marketplace for business best practices, such as management frameworks, presentation templates, and financial models. Our best practice documents are of the same caliber as those produced by top-tier consulting firms (like McKinsey, Bain, Accenture, BCG, and Deloitte) and used by Fortune 100 organizations. Learn more about Flevy here.


Connect with Flevy:

     
  


About Flevy.com   /   Terms   /   Privacy Policy
© . Flevy LLC. All Rights Reserved.