Advertising
Advertising

Last Updated on January 6, 2020

13 Essential Transferable Skills to Accelerate Your Success

13 Essential Transferable Skills to Accelerate Your Success

Transferable skills are a specific set of skills that crossover into multiple job roles and positions. These skills are general and can be used in multiple industries: blue collar, white collar, and in life. Transferable skills are valued by many corporations and organizations because they can be used and applied companywide.

Transferable skills included, but not limited to: problem solving, teamwork, leadership, time management, and personal motivation. Let’s break down the examples:

  • Being a problem solver means you are a critical thinker; this means you likely excel at strategy.
  • Good leadership skills means you can take charge and motivate other employees.
  • Having good time management skills means that you can organize and prioritize which means you are productive.
  • Being personally motivated means that you are a self-starter and can work with minimal supervision.

Interpersonal skills, in my opinion, are the core of transferable skills. A few examples are:

  • Dependable means the company can rely on you to get the job done.
  • Active listening means that you can secure information because you are present, in the room, and not in your head.
  • Communication means that you can communicate clearly and effectively- both verbally and in writing.

A few examples were mentioned and described above. In addition to those, these 13 transferable skills should be developed and pointed out in your resume and cover letter.

The list of transferable skills below can be used and transferred between multiple job types and industries.

1. Cross-Functional Collaboration

It means that you have the ability to collaborate with multiple departments on initiatives that impact the full organization.

2. Personal Development

It means that you have the ability to take ownership of your development, you take ownership of growing and progressing.

Advertising

3. Analytical Skills

It means that you have the ability to analyze and evaluate critical information.

4. Adaptability

It means that you have the ability to learn quickly and adapt to change- which is the only constant in life and in a business organization.

5. Organization

It means that you have the ability to organize tasks which means you have the ability to meet important deadlines.

6. Public Speaking

It means that you have the ability to lead meetings and speak in front of groups.

7. Relationship Building / Management

It means that you have the ability to establish and nurture relationships which means you have the ability to network.

8. Coaching / Mentoring

It means that you have the ability to develop and train other employees.

9. Customer Service

It means that you have the ability to interact with people in a professional manner. Even if the position doesn’t work with the general public, internal customers are just as important. For example: IT services an entire organization of people.

Advertising

10. Bilingual / Multi-lingual

It means that you have the ability to communicate and translate between international partners, customers, sponsors, etc.

11. Planning

It means that you have the ability to identify problems, develop strategies, and define requirements.

12. Project Management

Although this is an actual job/ position, it means that you have the ability to manage projects and initiatives. And that you have the ability to manage the project finances and reporting.

13. Negotiating

It means that you have the ability to debate, deliberate, and reach agreements.

So there you go, 13 transferable skills that are important for your career success. But maybe you still have a lot of questions in your mind about transferable skills. So here’re some of the commonly asked questions that may help you.

How to Develop Transferable Skills?

Naturally, transferable skills are developed at every stage of life; they enhance and get better with time.

Let’s walk through life starting with teenage years:

Advertising

  • High School: being a member of clubs/organizations helps build teamwork skills.
  • College: being a college student helps build time management skills.
  • Volunteer work: this helps build empathy and personal motivation.
  • Internships: this is the entry way into the workforce and helps strengthen communication.
  • Entry level jobs: this helps strengthen dependability and leadership.

Check out this piece on honing in on transferable skills: How to Sharpen Your Transferable Skills For a Swift Career Switch

How to Highlight Transferable Skills on a Resume and Cover Letter?

Always review the job posting or job requisition thoroughly to determine the skill set required/desired by the employer.

As discussed in this DIY resume guide below, applicant tracking systems rule everything when you “apply now”. Your resume and cover letter should be specific to the job being applied to. Let’s take a look at the resume guide here:

Job Scan says the following about ATS:

Applicant tracking systems are used by corporations to assist with recruitment and hiring processes. Each system offers a different combination and scope of features, but ATS are primarily used to help hiring companies collect, organize, and filter applicants. Corporate recruiters can have their ATS automatically extract information from an applicant’s resume to build a digital applicant profile that can be searched, filtered, and/or ranked. The goal is to quickly cull out anyone who is under-qualified, make the applicant pool smaller, and quickly identify the top candidates.

Highlighting transferable skills within your qualifications summary and area of expertise is recommended. Also, further elaboration on the cover letter is recommended. Here’s an example for each:

A resume sentence for the qualification’s summary:

Advertising

History of success managing client relationships by evaluating client’s needs and recommending solutions and services that are suitable.

A cover letter sentence:

I am accustomed to the rigors of fast-paced, regulated environments requiring sharp attention to detail, consummate accuracy, and exceptional communication skills.

How to Highlight Transferable Skills When Changing Careers?

This is where transferable skills help the most. For someone seeking a career change, transferable skills take lead in resume and cover letter development strategy.

If you are currently a bank teller, and you are wanting to transition into an office manager role, you want to make sure to highlight the transferable skills that apply to both roles: customer service, organization, filing paperwork, and financial transactions to name a few.

Keep in mind that no matter what, the first step is to determine the skills needed by thoroughly reviewing the job posting. You want to highlight the transferred skills required and desired because your resume and cover letter must speak to the job being applied to – because ATS rules the recruiting process.

More About Career Success

Featured photo credit: Adeolu Eletu via unsplash.com

More by this author

Veronica Castillo

Vee Castil; Resume & Career Writer ᛫ Traveler ᛫ Vegan ᛫ Weight Loss Success (-85lbs)

Tasty and Healthy Weight Loss Snacks to Reach Your Goals Fast 13 Essential Transferable Skills to Accelerate Your Success 10 Killer Cover Letter Tips to Nail Every Interview Opportunity How to Ace an Interview: 10 Tips from a Professional Career Advisor 10 Effective Fat Burning Weight Loss Exercises To Do at Home

Trending in Smartcut

1 How to Take Advantage of the 80 20 Rule to Succeed in Life 2 How to Improve Memory: 7 Natural (and Highly Effective) Ways 3 How to Use the 5 Whys to Get to the Root Cause of Any Problem 4 4 Ways to Focus on Your Goals and Avoid Distractions 5 How to Bullet Journal to Skyrocket Your Productivity

Read Next

Advertising
Advertising
Advertising

Last Updated on September 24, 2020

How to Take Advantage of the 80 20 Rule to Succeed in Life

How to Take Advantage of the 80 20 Rule to Succeed in Life

The world of productivity has several hacks or tricks to help you manage your time: to-do lists, the Pomodoro Technique, Parkinson’s Law… All of these strategies are great strategies in their own way, but one strategy stands above all the others: the 80 20 rule.

This particular strategy has been used the most and is regarded as the most helpful in developing time management and other concepts in life.

But what’s so special about this rule? How does it give you success and how do you use it? Let’s explore the specifics.

What Is the 80 20 Rule?

Many people regard this rule as the 80 20 rule, but it has a proper name: the Pareto Principle[1]. The principle was named after its founder,  the Italian economist Vilfredo Pareto, in 1895. Pareto noticed that people in society were divided into two categories:

  • The “vital few,” which consisted of the top 20 percent with respect to money and influence.
  • The “trivial many,” otherwise known as the bottom 80 percent.

As he researched this further, he came to discover that this divide didn’t apply only to money and influence, but other areas, too. Virtually all economic activity was subject to his previous observation.

He observed that 80% of Italy’s wealth at the time was controlled by only 20% of the population.

Since the development of this rule, humankind has used this particular ratio in all kinds of situations. Even if the ratio isn’t always exact, we see this rule applied in many industries and in life. Examples are:

  • 20% of sales reps will generate 80% of your total sales.
  • 20% of customers account for 80% of total profits.
  • 80% of the revenue will stem from 20% of the workers.

Either way, I’m sure you can piece together why people call this rule the 80 20 rule over Pareto’s Principle[2].

Advertising

Make Your Life and Your Business More Efficient with the 80-20 Rule - Salesforce Canada Blog

    In terms of how this particular rule will be able to work for you, it’s a matter of applying this rule to how you spend your time. For us to see success, the goal is simple.

    We need to set it up in such a way that 20% of our input is responsible for 80% of our results.

    Another way to think about it is we use 20% of our time on activities that give us 80% of our results in a given area of life.

    How Does the 80 20 Rule Work?

    To best explain this, let’s visualize a bit.

    In an ideal world:

    • Every employee would contribute the same amount of effort to work.
    • Every feature that’s released for an app or product would be equally loved by users.
    • Each business idea you come up with would be a hit.

    In that scenario, planning would be a breeze. There wouldn’t be any need to analyze anything so long as you put in the effort.

    But that’s not reality.

    Yes, the effort is certainly an element, but what the 80 20 principle states is that everything is unequal. Invest in 10 start-up companies, and you’ll find only a few will pass year two and make it big. You’re in a team of five, and there’ll be one person doing more work than others.

    We wish our lives were always one-for-one in terms of input and output, but that’s simply not true. Understanding this is key to understanding how the 80 20 rule really works.

    Advertising

    So how does it really work?

    It’s a matter of focusing on what’s giving you the most in your life for little of your time.

    Going back to the few examples I’ve presented above, consider this:

    • If two start-ups you invested in are making it big, focus on having a more direct hand, and see if you can help them prosper more.
    • If 20% of sales reps are giving you 80% of your sales, focus on rewarding those and keeping their spirits high and motivated.

    These scenarios can go on and on, but the idea is to place your efforts on the 20% that is actually making the difference in your life. Another term that’s good to know is the diminishing marginal utility[3].

    Pareto didn’t come up with this one, but the law goes as follows: each extra hour of effort or worker will add less “oomph” to your finished results.

    Eventually, you’ll hit a point where you will spend a lot of time on small and unimportant details, similar to perfectionism.

    So before hitting that point, you want to have a laser focus on the most important details, from family and relationships to your work or business. Prioritize the activities that are going to move you forward the most, and be wary of adding extra time, effort, or more hands into those particular tasks moving forward.

    How to Take Advantage of the 80 20 Rule

    So now that you have an understanding of the 80 20 rule and how it works, what is the best way to take advantage of it?

    Depending on where you are applying this rule, this can be used in all kinds of fashions.

    Advertising

    For example, you can apply this rule to goal setting, as demonstrated by Brian Tracy in this video:

    Or you can apply it in terms of general productivity as explained in this article: What Is the 80 20 Rule (And How to Use It to Boost Productivity)

    The core of this rule is that it forces us to ask ourselves the questions we wouldn’t consider otherwise. It helps us to place our focus in the right places with regards to all things in life.

    In short, the 80 20 rule places us in charge of our lives and helps us set out on our goals and dreams. With this in mind, here are some things you can consider concerning this rule.

    1. Focus on Your Big Tasks First

    While this is the essence of the 80 20 rule, it’s still worth mentioning. Why? Because so many of us feel intimidated by the biggest task. We instinctively avoid it and opt for smaller tasks first.

    We think that if we complete enough small tasks that we will feel motivated to finish that really big one later. But that’s really false hope at work.

    Once we finish off a lot of small tasks, we either feel drained, or we tell ourselves we’ll do this the next day.

    Instead of doing all that, bite the bullet and tackle the largest task first.

    If you need help with prioritization, check out this article.

    Advertising

    I argue this by challenging you to ask yourself this one question:

    “Is the task I’m about to do the top 20 percent of my activities or the bottom 80 percent?”

    I’m sure you’ve seen time and again you or other workers spending a lot of time on one task for most of the day. In those kinds of grinds, you’re barely getting ahead and have next to nothing to show for it. That’s because they’re putting all their attention on work that’s in the 80 percent.

    It’s normally the big tasks that are part of the 20 percent.

    Another way to think about this is that everything we do starts a habit. If every day we spend our energy on low-value tasks, we will always prioritize those.

    2. Stretch This Into Personal Life

    While I’ve been talking about business and setting goals, remember you can use this in other areas of your life, too.

    Take your personal life and ask yourself some of these questions:

    • How much TV do you watch on a regular basis? What sort of shows are you legitimately into? These questions can help you in recognizing what shows you are watching purely for consumption. By applying the 80 20 rule, you can cut back on Netflix, TV, or YouTube video consumption and prioritize other areas of your life.
    • What does your wardrobe look like in terms of colors? Are there specific colors that you like? Knowing what you wear most times will help you in sorting out your wardrobe significantly. It also saves you time to come up with what to wear every morning.
    • How many newsletters do you actually read? This question can help you in figuring out which newsletters to unsubscribe to and can clear up a lot of space in your inbox. It can also relieve pressure from having to check your emails constantly.
    • How much time do you spend on your phone every day? How much of that time is actually doing something meaningful? These questions can help you in clearing out various apps that aren’t helping you with your goals. In fact, this can curb the need to check your phone constantly.

    Final Thoughts

    The 80 20 rule is the productivity hack that many of us need, and for good reason. As you can tell, it’ll help you to focus and prioritize the more important aspects of your life.

    Not only that, but it’ll maximize those outputs at the same time and ensure you’re not spending too much time working on them. All you need to do is start asking questions and taking action.

    More Techniques to Help You Succeed in Life

    Featured photo credit: Austin Distel via unsplash.com

    Reference

    Read Next