To start a new venture, entrepreneurs need to recognise a profitable business opportunity, and to do this, they must have supportive and positive views about their professional past, present, and future (that is, a supportive and positive professional time perspective). Yet, they may have had negative professional experiences in the past and they may be having similar experiences in […]
“I’ve exceeded my performance targets year after year and finally found myself getting demoted without having asked to do a step back. It does make you wonder how this came about, all I know that it has nothing to do with my performance at work.”
Demotion, a downwards career move with a mainly negative connotation, is more common than […]
People are becoming more exposed to entrepreneurship careers through television and social media, and through the large rise in incubators and university entrepreneurship programs. As a potential career path, employees may want the flexibility and satisfaction of being their own boss and earning more through self-employment. But will they succeed on both these counts? When someone leaves traditional employment […]
Many of us are doing real work six or even five hours each day, while spending eight-plus hours “at work”, without realising the loss of time spent with family, on hobbies, exercise or energising side projects.
Instead of getting a full-day’s work accomplished, we’re losing productive time to interruptions from co-workers, needless meetings, and especially our perpetually pinging phones. The […]
The economics of attractiveness: teenagers with acne do better in school and later in the labour market
Acne has been the scourge of teenage boys and girls for as long as there have been teenagers. Indeed, acne is the eighth most common disease among humans, affecting nearly 650 million people worldwide. But might acne have a silver lining?
Economists are increasingly interested in the economic returns to physical attractiveness, an interest largely ignited by Hamermesh and Biddle […]
You have been in your current job for some time. You have learned a lot, acquiring valuable knowledge and skills as well as getting to know people in your workplace. You enjoy what you do. Now there is an opportunity to move to another job within the organisation. The job is quite different from what you have been doing, […]
Many CVs have employment gaps. When there are internal promotions or new jobs around, they can count against you. This is particularly unfair if they weren’t by choice. Though not quite sticking to the Queensberry Rules of employment legislation or natural justice, like it or not, CV gaps from taking time out to raise a family, go on maternity […]
As the idea of a ‘job for life’ fades into the past, individuals are left with the prospect of having to transition between roles and employers more frequently. Unfortunately, these transitions can be complex, stressful and traumatic. Whether these work transitions are upward, sideward, within the same organisation or not, they typically entail not only practical change (building new […]
The importance of perseverance is recognised by intellectuals, sportsmen, and business people alike:
“Great works are performed not by strength but by perseverance.” (Samuel Johnson, author, 1709-1784)
“I’ve missed more than 9000 shots in my career. […] I’ve failed over and over and over again in my life. And that is why I succeed.” (Michael Jordan, basketball player, *1963)
It starts early in life. Family members, teachers and friends enquire, ‘What do you want to do when you grow up?’ The question hounds us. Surely it should be a straightforward decision. Unfortunately, the abundance of career options available can encourage a prolonged state of analysis paralysis.
The New Year is the time when we tend to take stock of […]
While there are countless studies that focus on the working individual, there are fewer that look at retirees. Yet, the largest generational cohort in the U.S. is retiring in droves. According to the U.S. Social Security Administration, baby boomers are retiring from the workforce at a rate of 10,000 people per day! Thus, as people transition from being employees […]
Life invites us to wrestle with two existential questions: “Who am I?” and; “What do I do with my time here on earth?” Both have to do with our identity — how we make sense of ourselves and fit into the world around us. Individual identity is, ironically, a construct of our social systems.
We are products of the systems […]
What determines career success? This question has occupied careers research, professional and career counselling, as well as individuals for decades. There is consensus amongst careers researchers that to develop oneself professionally, there is more needed than simply finding a job that matches one’s strengths and interests. The current world of work is increasingly characterised by individual, self-directed careers over […]
Across the lifespan, society often pushes a subtle message with a basic formula: Work hard, become successful, then you’ll be happy. We hear it from our parents, teachers, employers, and even television ads. After a while, this way of thinking can become automatic. “When I graduate from college … When I land my dream job … When I make […]
The career landscape of the 21st century, characterised by work interruptions, opt-outs, and temporary contingent work assignments, requires that we think differently about linear careers. Until now, much of the career literature has been based on men in the twentieth century who had linear careers in a single corporation or industry. However, men and women in the 21st century […]
We meet many people in organisations who have an ingrained aversion to organisational politics. They see politics as divisive, sinister and illegitimate. They say: ‘Without politics, this organisation would function smoothly’. They are wary of the competition for jobs, status and power which often leads to dishonesty and manipulation. They fear that political skill is incompatible with personal authenticity […]
Lord Acton’s quote that “power corrupts, and absolute power corrupts absolutely” probably conforms to most of our experiences with powerful people. People who feel powerful tend to be self-focused, less empathetic, a little more rude or pushy, and just generally difficult to deal with. While most people generally understand that power makes others more difficult to deal with, one […]
After the bruising and contentious 2016 US presidential election and the subsequent controversies of President Donald Trump’s first year in office, it’s not surprising that Americans’ evaluations of members of the opposite political party have reached an all-time low. According to data from the Pew Research Center, 45 per cent of Republicans and 41 per cent of Democrats think the other party […]
Our societies, especially in developed countries, will soon have a majority of their adult population in the over 50 group. The UK will reach this point in the mid 2030s. This increasing healthy longevity means that at age 50 we likely have 25-30 years of health and energy to look forward to. At the same time, most of us […]