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How to figure out a Career Path? • Tips on how to get it

Strategies to help you have a better career path

by Luis O., CFA, FRM
4 September, 2023
in Career Path
How to figure out a Career Path

When we talk about a Career Path, we are talking about a long-term plan, in which specific tasks are developed to advance toward a desirable occupation. In any case, they are oriented to help you achieve a new role and grow in the professional world.

However, there are many questions about how to figure out a career path. At this point, we may be faced with two different career path options.

Contents

Toggle
  • What types of career paths exist?
    • Organizational
    • Staff
  • Tips for creating a successful career path
    • Evaluate the possibilities
    • Know your skills
    • Prioritize your education
    • Plan for the future, step-by-step
    • You must be adaptable
  • Skills you should cultivate for your professional career
    • Adaptability
    • Communication
    • Leadership
    • Troubleshooting
    • Time management
  • How do I identify my Career Path?

What types of career paths exist?

There are basically two types of career paths:

Organizational

The objective in these cases is to move up the career ladder within a company. Many career paths can lead to managerial positions; there are several for those who do not aspire to this type of position.

In this type of career path, you will typically create an action plan with your manager, with the goal of meeting your objectives. To stay on track, milestones and objectives should be reviewed frequently, and the career path should be reviewed with the manager on a quarterly basis.

Staff

It is the one we create on our own. It is based on self-assessment of skills, interests, hobbies, values, and passions. This type of career path is not limited to a single organization but lays the foundation for the career.

In these cases, we will be in complete control of the professional development, and we will be in control all the time. In these cases, you must take the initiative, and if you continue reading you will find some tips that will help you to create it in a successful way.

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Tips for creating a successful career path

If you are looking to work on your career plan, it is best to follow some advice from professionals such as:

Evaluate the possibilities

Nowadays many people are working for a single company, and they can work their way up the career ladder little by little. However, in today’s world, you must have different career plans so that you can achieve a great occupation. To achieve your goals the main thing is to identify your priorities and work based on them.

Know your skills

You may not have a clear goal, and that’s where you should consider assessing your skills. If you find your passion, you can ensure that you can not only advance in your career but grow as a person.

In addition, if you choose something you enjoy doing, you will be more motivated to do it better.

Prioritize your education

In order to develop in your career, you must invest a lot of time and energy in developing yourself both personally and professionally. For this reason, you should focus on acquiring new skills that can help you succeed in your career.  

You can opt for short programs that allow you to specialize in a certain field.

Plan for the future, step-by-step

It is important to think about what you want in your job and create a career based on this. You can start with entry-level jobs, which will give you more relevant experience. Some jobs require an academic or vocational qualification, but others require only on-the-job training.  

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You should not feel under pressure if you do not reach your goals very quickly. If you plan well and step by step, you can achieve success in your professional career.

You must be adaptable

The idea of having everything under control in your career as in life is simply an illusion. There are events that are unpredictable, and therefore you will have to adapt in order to succeed in your career. Try to use difficult situations as advantages to learn and grow more in your professional field, so you will achieve the success you desire.

Skills you should cultivate for your professional career

As you advance in your career, you need to develop your skills to prepare you for the next positions. The skills that will best contribute to your professional development will be:

Adaptability

Every candidate in his or her career path will not always have a step ahead. You must always be open to changes in your career path because all situations can become unpredictable.

Communication

It is one of the vital skills for anyone no matter what industry you want to work in. Effective communication will make you a strong leader, and you will be able to communicate with executives, external clients, potential employees, etc.

Leadership

In many careers, there are positions that require team leaders. If you have strong leadership skills, you will have a better chance of moving up the ladder and getting to where your mentors are.

Troubleshooting

The work you do will always be task-based all the way to strategy-based solutions. Problem-solving is always essential at any point in career development, so it is a skill that needs to be cultivated.

Time management

This will not always depend on the amount of work to be done in a day or a week. How you prioritize or delegate tasks will determine your ability to manage time. Employers will evaluate this type of performance over a given period of time.

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How do I identify my Career Path?

In order to improve your career path, you will have to apply all the tips I have given you above. But, in order to succeed you should pay attention to the following aspects:

  • Describe your career goals
  • You have to create a five and ten-year plan.
  • Analyze your personality to assess what kind of jobs you will best fit into.
  • Analyze your previous experience
  • Check if you meet the requirements with the education that you have
  • Clearly assess your current skills
  • Focus on your interests
  • Identify your core values
  • Consider the salary you will need

Keep in mind that, in order for the career plan you have to be successful, you will always have to be working on it. If you cannot decide on a specific career, the best thing to do is to evaluate each of your strengths.

This is a time-consuming job, but if you devote enough time to it you will find that you will always succeed. In some cases, there are career quizzes that can help you make the right decision. However, the final result will depend on your actions to improve your career path.

REFERENCES

  • Career path: What is it? Definition & Examples for paving yours. (n.d.). https://www.betterup.com/blog/career-path
  • Semeshkina, M. S. (2021, July 1). Six Tips On How To Find Your Career Path. Forbes. https://www.forbes.com/sites/forbesbusinesscouncil/2021/07/01/six-tips-on-how-to-findyour-career-path/?sh=20950fee4610
  • Herrity, J. (2024). How To Choose a Career Path in 9 Steps (With Examples). Indeed. https://www.indeed.com/career-advice/finding-a-job/choosing-a-career-path
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