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The CEO’s Secret To Moving Up the Corporate Career Ladder

The CEO’s Secret To Moving Up the Corporate Career Ladder

Let’s face it, many try to climb the career ladder, but few succeed.

    As the CEO of Lifehack, I’ve seen a lot of employees trying to rise higher in their career, but unfortunately, the majority of them fail.

      What causes people to fail? In my experience, many of the people failing acted too aggressively – putting the bulk of their emphasis only on opportunities where they believed they could get promoted. On the other hand, some failures were too passive. They just did their jobs, while secretly hoping that they would get promoted one day. It rarely works like this.

      After many years watching the winners and losers, it’s clear to me that putting exclusive focus on climbing up the career ladder leads to failure. When a person’s eyes are on the ultimate result only (to be at the ‘highest point’ in their career), they tend to neglect important things like: personal growth, skills development and cooperation with other people. Not only do they neglect these things, but they fail to realize that these things are actually essentials for rising high and attaining recognition.

        The Five Essentials for Climbing the Ladder

          I’ve spent considerable time thinking about the fundamentals of career success, and it’s my belief that you must practice the five steps below if you’re to make your way up the career ladder.

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          1. Start with a blueprint in your mind.

          Do you know what your goals are? If not, you must take some time to identify them. Only once you precisely know what your goals are will you be able to see what it takes to get there.

          Don’t be overwhelmed by the size of your goals, but instead, set milestones and deadlines to motivate you to get things done. If necessary, break down big goals into small components.

          By doing the above, you’ll have a blueprint in your mind that will allow you to stay focused and motivated.

          As an example, if your goal is to be a professional musician, then you should devise a plan to reach that goal. It could look something like this:

          • Enrol in a full-time, professional music course.
          • Learn everything you can about music and your chosen instrument.
          • Spent a large chunk of your spare time in practising your chosen instrument.
          • Collaborate with others to build your skills and confidence.
          • Seek ways to make your playing, appearance and personality stand out from the crowd.

          A blueprint is a vital component for success – helping you to plan ahead, and keep track of your achievements.

          2. Based on the blueprint, work hard and work smart.

          To achieve your goals, you’ll need to work hard. However, that doesn’t have to mean working long hours. You should seek to work hard – but work smart too. This means putting effort, determination and focus into your work.

          In other words, make every hour you work count. Everything you do should help the company and yourself grow.

          You should also seek to contribute more, because this opens you up to additional learning opportunities – which will help you to grow.

          How to work smarter? Take a look at the time most people waste going through their emails. It can be hours a day. You can work smarter in this area by utilizing folders, color-coding and auto-responses. By implementing these functions, you can cut down on the amount of emails you receive, easily prioritize your emails, and make searching for old emails much simpler. All of this saves you time to get on with your real work!

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          3. Initiate more, don’t just execute.

          Do you go beyond what’s expected from your role? If not, you definitely should.

          For starters, make sure that you think often about what you can do to improve your work. Don’t just act according to what’s assigned to you. You should also provide feedback, opinions and ideas that will stimulate others.

          Don’t overestimate your own abilities, but do ensure that you go beyond your duties when you can. However, by doing this, you must be prepared to open yourself up to more possibilities for failures and mistakes. To counterbalance this, you will also have more lessons to learn from.

          Think of it this way, if all you do is the work given to you – then you will fail to impress your management team. For senior roles, managers will want go-getters who know how to take calculated risks and use their initiative.

          4. Align your efforts with your company’s goals.

          Your company’s strategies and goals may change once in a while, so it’s important that you keep up-to-date with them. Try to align your effort with these goals, or ask your company about how you can align your work with the direction in which the company is traveling.

          At Lifehack, team members constantly review their tasks and priorities to ensure that they are aligned with the company’s current strategies and goals.

          When your goals are aligned with your company’s goals – your efforts will directly contribute to the company’s direction, and the results will be stronger and more effective.

          5. Become an expert at something.

          Your skills and knowledge should be valuable resources to others. To help increase this, besides job-related skills, build skills that are outside the remit of your job. By doing this, you’ll open yourself up to more opportunities, including, mentoring possibilities and advancement.

          For instance, imagine that you work as an office administrator. The job mostly involves paperwork such as spreadsheets and letter writing. As you are determined to climb the career ladder, you choose to enroll in your own time in a course in office management. Here you learn vital skills such as health and safety rules, supplier coordination and people management. With the extra skills, you find yourself ideally-placed to snap up any office management vacancies that come your way – either within your company, or within a different company.

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          The Four Pillars of Success

            I’ve covered the five essentials for climbing the career ladder, but now I want to add some more tips to help you succeed.

            1. Be a good team player.

            Besides working on tasks, work on your relationships. This means supporting your co-workers, and mentoring them if necessary.

            If you can learn to work well with others, then you’ll quickly find that your work relationships become stronger and more positive. An unexpected benefit of this, is that with better relationships, you’ll find it easier to influence others. (This is a required trait if you’re to be successful in your chosen career.)

            A further benefit of harmonious relationships and teamwork, is that more work will get done – and it will be of a higher standard. I’m sure you’ve heard the expression: “Two heads are better than one.” In most cases this is absolutely true. For example, if you need to come up with ideas for your company’s annual staff conference, don’t try to do it all by yourself. Instead, ask a colleague or two for their input. You’ll most likely be amazed at what they come up with!

            2. Be generous.

            To be the best employee you can be, stay honest and communicate openly. You should also face challenges with others together – and celebrate good results with others too.

            Share tough works, and share credits. This is how you build good relationships with people you have to work with every day.

            I remember watching a colleague of mine (some years ago) being extremely generous with his time and knowledge when we had several apprentices in the office. He was super-passionate about wanting the apprentices to learn as much as possible, and to help them prepare for their working life. He must have done something right, as one of the apprentices ended up working for us!

            3. Network wisely.

            There is a basic truth in the world of business. The more people you know, and who know you (and like you) – the more opportunities you will encounter.

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            So, to help you succeed in your career, get out and about and meet people. Of course, make sure that you’re meeting the right ones – people who inspire you to grow, and people who you can exchange ideas with.

            Let’s say you work as a freelance graphic designer. Your workload is okay – but could be better. One way to potentially increase the amount of work offers you receive, is to join a local business networking club. Often these are an informal breakfast gathering of local business owners. As you chat over your coffee and croissant, you’ll be putting yourself and your services directly in front of people who may want to hire you. Try it and see!

            4. Keep a record of your own achievements.

            When you don’t keep your accomplishments in a paper or digital file, you may forget them.

            Your achievements should be measurable and quantifiable results that help to keep you focused and on track towards your major goals.

            Another benefit of keeping a record of your achievements, is that you can present this to your current (or future) boss, enabling them to easily and clearly see what you have accomplished.

            While pen and paper may be all you need, I personally recommend you take a look at some of the dedicated goal tracking apps, such as: GoalsOnTrack and Lifetick.

            Put the Principles into Practice

            If anyone tells you that there is a super-fast way to get to the top of the career ladder – it’s a lie.

            Growth is the foundation for climbing higher; and growth takes time. That “super-fast way” doesn’t allow for growth in a person. However, while it takes time to grow, there are ways to accelerate growth. How? By practicing the principles I’ve discussed above.

            Whatever your chosen career, keep learning and putting in effort to everything that aligns with your goals. In time, you’ll reap the rewards.

            Featured photo credit: Unsplash via unsplash.com

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            Leon Ho

            Founder & CEO of Lifehack

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            Last Updated on July 8, 2020

            How to Prevent Decision Fatigue From Clouding Your Judgement

            How to Prevent Decision Fatigue From Clouding Your Judgement

            What is decision fatigue? Let me explain this with an example:

            When determining a court ruling, there are many factors that contribute to their final verdict. You probably assume that the judge’s decision is influenced solely by the nature of the crime committed or the particular laws that were broken. While this is completely valid, there is an even greater influential factor that dictates the judge’s decision: the time of day.

            In 2012, a research team from Columbia University[1] examined 1,112 court rulings set in place by a Parole Board Judge over a 10 month period. The judge would have to determine whether the individuals in question would be released from prison on parole, or a change in the parole terms.

            While the facts of the case often take precedence in decision making, the judges mental state had an alarming influence on their verdict.

            As the day goes on, the chance of a favorable ruling drops:

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              Image source: Proceedings of the National Academy of Sciences

              Does the time of day, or the judges level of hunger really contribute that greatly to their decision making? Yes, it does.

              The research went on to show that at the start of the day the likelihood of the judging giving out a favorable ruling was somewhere around 65%.

              But as the morning dragged on, the judge became fatigued and drained from making decision after decision. As more time went on, the odds of receiving a favorable ruling decreased steadily until it was whittled down to zero.

              However, right after their lunch break, the judge would return to the courtroom feeling refreshed and recharged. Energized by their second wind, their leniency skyrockets back up to a whopping 65%. And again, as the day drags on to its finish, the favorable rulings slowly diminish along with the judge’s spirits.

              This is no coincidence. According to the carefully recorded research, this was true for all 1,112 cases. The severity of the crime didn’t matter. Whether it was rape, murder, theft, or embezzlement, the criminal was more likely to get a favorable ruling either early in the morning, or after the judges lunch break.

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              Are You Suffering from Decision Fatigue Too?

              We all suffer from decision fatigue without even realizing it.

              Perhaps you aren’t a judge with the fate of an individual’s life at your disposal, but the daily decisions you make for yourself could hinder you if you’re not in the right head-space.

              Regardless of how energetic you feel (as I imagine it is somehow caffeine induced anyway), you will still experience decision fatigue. Just like every other muscle, your brain gets tired after periods of overuse, pumping out one decision after the next. It needs a chance to rest in order to function at a productive rate.

              The Detrimental Consequences of Decision Fatigue

              When you are in a position such as a Judge, you can’t afford to let your mental state dictate your decision making; but it still does. According to George Lowenstein, an American educator and economy expert, decision fatigue is to blame for poor decision making among members of high office. The disastrous level of failure among these individuals to control their impulses could be directly related to their day to day stresses at work and their private life.

              When you’re just too tired to think, you stop caring. And once you get careless, that’s when you need to worry. Decision fatigue can contribute to a number of issues such as impulse shopping (guilty), poor decision making at work, and poor decision making with after work relationships. You know what I’m talking about. Don’t dip your pen in the company ink.

              How to Make Decision Effectively

              Either alter the time of decision making to when your mind is the most fresh, or limit the number of decisions to be made. Try utilizing the following hacks for more effective decision making.

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              1. Make Your Most Important Decisions within the First 3 Hours

              You want to make decisions at your peak performance, so either first thing in the morning, or right after a break.

              Research has actually shown that you are the most productive for the first 3 hours[2] of your day. Utilize this time! Don’t waste it on trivial decisions such as what to wear, or mindlessly scrolling through social media.

              Instead, use this time to tweak your game plan. What do you want to accomplish? What can you improve? What steps do you need to take to reach these goals?

              2. Form Habits to Reduce Decision Making

              You don’t have to choose all the time.

              Breakfast is the most important meal of the day, but it doesn’t have to be an extravagant spread every morning. Make a habit out of eating a similar or quick breakfast, and cut that step of your morning out of the way. Can’t decide what to wear? Pick the first thing that catches your eye. We both know that after 20 minutes of changing outfits you’ll just go with the first thing anyway.

              Powerful individuals such as Steve Jobs, Barack Obama, and Mark Zuckerberg don’t waste their precious time deciding what to wear. In fact, they have been known to limiting their outfits down to two options in order to reduce their daily decision making.

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              3. Take Frequent Breaks for a Clearer Mind

              You are at your peak of productivity after a break, so to reap the benefits, you need to take lots of breaks! I know, what a sacrifice. If judges make better decisions in the morning and after their lunch break, then so will you.

              The reason for this is because the belly is now full, and the hunger is gone. Roy Baumeister, Florida State University social psychologist[3] had found that low-glucose levels take a negative toll on decision making. By taking a break to replenish your glucose levels, you will be able to focus better and improve your decision making abilities.

              Even if you aren’t hungry, little breaks are still necessary to let your mind refresh, and come back being able to think more clearly.

              Structure your break times. Decide beforehand when you will take breaks, and eat energy sustaining snacks so that your energy level doesn’t drop too low. The time you “lose” during your breaks will be made up in the end, as your productivity will increase after each break.

              So instead of slogging through your day, letting your mind deteriorate and fall victim to the daily abuses of decision making, take a break, eat a snack. Let your mind refresh and reset, and jump-start your productivity throughout the day.

              More Tips About Decision Making

              Featured photo credit: Kelly Sikkema via unsplash.com

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