6 Ways to Take Charge of Your Career in the New Financial Year

6 Ways to Take Charge of Your Career in the New Financial Year

As we transition into the new financial year, and your company analyses its performance and plans for the next period, it can also be a good time for you to reflect on your career development and goals. While organic job advancement does occur, for most savvy professionals, strategic planning is involved to move up in the ranks. If you’re in the same place today as you were a year or two ago, your progression could be at a standstill. Avoid becoming stagnant with these six tips to take charge of your career this financial year.

1. Identify your professional goals

Set aside time to take stock of your intentions. Does success in 2016/17 mean getting a new job or promotion, learning a new skill, or mastering a new technology? Write down your goals and make specific plans for meeting them.


2. Analyse your current work situation

Now is the time to reflect. Have you become too comfortable in your organisation and role? Are you learning new skills? Have you taken on new challenges? Are you adding value to the organisation, or just coasting?  Is there a fear you could become obsolete?  If you are not learning anything new or taking on new challenges, your marketability to other potential employers may be at risk.



3. Advance your skill set

Identify the skills you need to develop or sharpen this year. Maybe it’s time to consider further study, attend industry events or align yourself with a mentor. Take the time to review your most recent performance review or give yourself a performance review, and talk with your manager to find out which skills you should build or improve to advance at your company.



4. Capitalise on new trends

In the workplace, specialisation can lead to growth. However, specialising too narrowly may severely limit your opportunities for moving ahead. It’s important to regularly evaluate the landscape and make adjustments, so your skillset doesn’t become obsolete.



5. Build a career roadmap to support your goals

Within the next 30 days, set your career goals for the financial year with your long term objectives in mind. Start by creating a career roadmap to support your success: a long-term career plan, which focuses on where you want to arrive at the pinnacle of your career, as well as the interim steps you will need to take in order to get there.



6. Get expert help

Feeling you have hit that ‘glass ceiling’ or are stuck in a career rut?  Get outside advice from a career coach. A career expert will have insights on how to navigate uncharted waters, identify options and develop strategies to advance your career.



What do you think?

What steps have you taken to map out and execute your career path? I’m interested to learn how you plan for professional success year to year. Comment your views below and join the conversation.

This article was written by Jelena Milutinovic on behalf of the Australian Institute of Business. All opinions are that of the writer and do not necessarily reflect the opinion of AIB. The following sources were used to compile this article: JL Careers and LinkedIn


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