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What to Consider When Thinking About Making a Career Change

What to Consider When Thinking About Making a Career Change

People consider a career change for a variety of reasons. They may feel like they have no room for growth in their current field, or the career may not be all that they had hoped it would be. In either case, making the switch to a new field can be a daunting task, but it’s often necessary if you wish to find satisfaction in your professional life. Here are eight things to consider if you are contemplating a career change.

1. Do You Really Want a Career Change?

Before you start looking for a new career, you should first ask yourself if it’s the career you dislike, or your employer. If you truly enjoy what you do, then it may just be your work environment or your current employer’s policies that are making you unhappy. If it’s the company you work for that’s making you unhappy, then a change in employer may be necessary. If it truly is your career that you dislike, then you can start considering new options for your future.

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2. What Are Your Values?

Determining what your values are can help point you in the direction of a new and satisfying career. In fact, it may be a disconnect in your values that is causing you discontent in your current career. Consider what it is you want from your new career. Is doing good and helping others important? Or are you more interested in switching to a career that will offer you recognition and a chance to move up in the corporate ladder?

3. Are Your Skills Transferable?

For some, diving into a new career can be a bit intimidating – especially if you choose a career that requires a set of skills you don’t already have. Try to focus on skills that are transferable to any career. For example, if you have managerial experience, this can be useful in any industry you choose. If you have technical skills or experience in sales, these are also useful in a wide range of different fields. By pinpointing your transferable skills, you may find it easier to make the switch to a new career and find an employer willing to hire you.

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4. Are You Okay with Starting at the Bottom Again?

If you plan on switching careers, you must be prepared to start from the bottom of the ladder again. In most cases, you will need to prove your competence before you can move up in the company. Are you willing to lose your status? More importantly: Are you willing to take a pay cut?

5. Is There Room for Growth in Your New Career?

The thought of switching to a new career may be exciting, but have you thought about the possibility for growth? Ensuring that you choose a career that will allow you to branch off and explore new opportunities is important. Without room for growth, you may find yourself in a dead-end career and regret your decision to switch professions.

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6. Will You Earn Enough to Support Your Lifestyle?

Unfair as it may be, you must consider the salary you will earn in your new career. Will it be enough to support your current lifestyle? In some cases, you may be looking at an increased salary. However, if you will be forced to accept a lower salary, you will need to consider whether or not this will negatively impact your quality of living.

7. Which Companies Would You Like to Work For?

Take the time to research companies in your prospective field. Find out what the companies’ missions are and what their biggest challenges are. Do you have any skills or knowledge that can help them solve these problems? Do these companies provide an environment that you would feel comfortable working in?

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8. Who Can Help You Make the Switch?

Networking is important in any field, and if you plan on switching careers, you will need all the help you can get. Try reaching out to others who are working in the field you are interested in and asking them questions about their work. This will give you an idea of whether or not this career will be a good fit for you and your values. Take the time to find industry publications or read through industry-related blogs to find out as much as you can about the field before you decide to make the switch.

Browsing through job openings online can also be of help and will give you an idea of what responsibilities you will take on in your new career. By learning as much as you can, you will improve your chances of landing your dream job.

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Last Updated on March 12, 2019

20 Inspiring Vision Statement Examples (2019 Updated)

20 Inspiring Vision Statement Examples (2019 Updated)

There is normally a lengthy list of things you need to consider when starting a business, and if you don’t manage them properly, your excitement can quickly turn into overwhelm. What can support you to stay inspired and on the right track when starting out? You guessed it: this is your vision statement.

What Is a Vision Statement?

A vision statement is like a photograph of your future business, which gives your business shape and direction.

A vision statement provides the direction and describes what the founder wants the organization to achieve in the future; it’s more about the “what” of a business. It is different from a mission statement, which describes the purpose of an organization and more about the “how” of a business.

If you were to take a photo of your future business now, what would it look like? What do you want your business to be recognized for one day?

You need to have a crystal clear vision when you start out, otherwise you can get easily lost in deciding the best way forward. When you are making strategic decisions for your business and even daily operation decisions, your vision statement will give you the inspiration and targeted direction you need.

The Importance of a Vision Statement

Without a vision statement, your business will lack motivation to keep going.

If you don’t aim for anything, you might not hit anything. The more specific and clear you are, the better your chances are at seeing your vision turn into reality.

The importance of a vision statement cannot be overlooked; not only does it provide long term direction and guidance, but it also gives you the inspiration and the necessary energy to keep going when you feel lost.

Always keep your vision statement alive by revisiting it regularly and communicating your vision with other members of the team, to inspire and motivate them as well.

How to Craft an Inspiring Vision Statement

1. Dream big and use clear language

An inspiring vision statement should inform a clear direction and priorities for the organization, while challenging all the team members to grow together. Based on our expert sources’ advice, we’ve got some great tips for you:

  • Imagine how you want the business to be like in five to ten years.
  • Infuse the business’ values in the statement.
  • Make sure that the statement is implying a clear focus for the business.
  • Write your vision statement in the present tense.
  • Use clear and concise language.
  • Ensure the statement is easily understood.

There are many different types of vision statements and there is no wrong or right way to do it. The most important thing is to resonate with it. It will always inspire you and give you a clear targeted direction.

2. Get inspirations from the successful companies.

Having researched on a number of successful companies’ vision statements, I’ve shortlisted 20 good examples for the new startups:

Short vision statements made up of a few words only:

1. Disney

To make people happy.

2. Oxfam

A just world without poverty.

3. Ikea

To create a better every day life for the many people.

Quantitative statements are based on numbers, quantities:

4. Microsoft

Empower every person and every organization on the planet to achieve more.

    5. Nike

    Bring inspiration and innovation to every athlete* in the world. (*If you have a body, you are an athlete.)

      Qualitative statements are based on qualities that you want to have:

      6. Ford

      People working together as a lean, global enterprise to make people’s lives better through automotive and mobility leadership.

      7. Avon

      To be the company that best understands and satisfies the product, service and self-fulfillment needs of women—globally.

      Competitor based statements – this type is becoming less common, but famous examples are:

      8. Honda – in 1970

      We will destroy Yamaha.

      9. Nike – in 1960s

      Crush Adidas.

        10. Philip Morris – in 1950s

        Knock off RJR as the number one tobacco  company in the world.

        Role Model Vision Statements – using another company as an example:

        11. Stanford University – in the past

        To become the Harvard of the West.

        12. Reach for Success – in the past

        To become the next Tony Robbins in self development.

        Internal Transformations vision statements:

        13. Apple

        To produce high-quality, low cost, easy to use products that incorporate high technology for the individual.

        14. Giro Sport Design

        To make sure that riding is the best part of a great life.

        15. Tesla

        To accelerate the world’s transition to sustainable energy.

        16. Sony

        To be a company that inspires and fulfills your curiosity.

        17. Facebook

        To give people the power to share and make the world more open and connected.

          Longer and more detailed vision statement:

          18. Walmart

          To give customers a wide assortment of their favorite products, Every Day Low Prices, guaranteed satisfaction, friendly service, convenient hours (24 hours, 7 days a week) and a great online shopping experience.

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          19. Coca Cola

          To achieve sustainable growth, we have established a vision with clear goals:

          Profit: Maximizing return to share owners while being mindful of our overall responsibilities.

          People: Being a great place to work where people are inspired to be the best they can be.

          Portfolio: Bringing to the world a portfolio of beverage brands that anticipate and satisfy peoples; desires and needs.

          Partners: Nurturing a winning network of partners and building mutual loyalty.

          Planet: Being a responsible global citizen that makes a difference.

            20. Heinz

            Our VISION, quite simply, is to be: “The World’s Premier Food Company, Offering Nutritious, Superior Tasting Foods To People Everywhere.” Being the premier food company does not mean being the biggest but it does mean being the best in terms of consumer value, customer service, employee talent, and consistent and predictable growth.

            The Bottom Line

            Remember, always keep your vision statement up-to-date to direct your company’s actions.

            Remember, once you reach your vision, it needs to be changed. General Motors overtook Ford as #1 automotive company in the world because once Ford’s goal was reached, they never updated it.

            Keep your vision statement alive and visibly in front of you, revisit it and let it help direct your actions and activities. This is the fun part: this is where you get to dream really big and allow your imagination to fly as high as you want.

            Don’t hold back, let your creative juices flow and give yourself permission to explore what is possible for your business.

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            To your success!

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