The business space is fast evolving, which is one reason professionals should consider career changes. Our careers gradually seep into our personal lives, and we may get to a point where we feel dissatisfied. In this instance, a career change may be inevitable for a fulfilling corporate life.
Worth noting also is that about a quarter of the people who make a career change do it for a salary increase. Others do it for flexibility or even a difference in their life goals. Whatever the reasons for a career change, creating a career change plan is critical for success.
A business career change is a practical option that provides you with an excellent opportunity for specialization. So which business career changes are available on the table?
1. Human resource manager
Regardless of the nature of their operations, all organizations have an HR specialist role. Companies need someone to coordinate their administrative tasks. The employment outlook is expected to increase over the coming years for the human resources industry.
The key responsibilities of HR specialists include recruitment, resolving business conflicts, implementing federal employment laws, and managing career development. Positioning yourself in this field sets you up for a lucrative business career.
If you consider a career change in this field, pursuing a postgraduate degree in business will set you up for success.
2. Supply chain management
What makes supply chain management a lucrative business career change is that it is a high-growth field. Supply chain managers oversee an essential phase of a product’s life, and more so, business.
Supply chain majors are projected to experience a thirty-percent growth in the next decade. The field has exhibited growth even in a recession and has high pay. There is also job availability in the field and great opportunities for advancements. Another exciting thing about it is that it has a low barrier to entry.
3. Finance manager
Just like HR, finance is a critical component of business operations. All businesses need finance specialists to support monitoring the company’s financial health. In addition, there have been technological advancements that have expanded the function of finance specialists in organizations.
They are using big data to make informed investment and profit maximization decisions. Finance jobs are also projected to grow in the coming years. There is already a growing demand for specialists to help companies direct their investment decisions, create long-term financial goals and advise businesses on risk management strategies..
4. Operations research analysts
The emergence of the Covid-19 pandemic has been an eye-opener to most businesses. They have experienced how the business space can change drastically in risk, which may come in many forms. With that, many companies have appreciated having problem solvers in their teams.
Operations research specialists double as problem solvers in companies. They leverage advanced techniques such as data mining, mathematical modeling, and statistical analysis to tackle everyday challenges faced by companies.
Combining the techniques can advise the companies on the most effective ways to run their operations, resource allocation, and increase cost-effectiveness.
Operations research analysts are in high demand with a significant growth rate. If you are looking to make this career change, consider earning a degree in economics.
5. Fundraising manager
Have you always wanted to work in a non-profit but wondered how you could get in this field? One of the ways to position yourself is by being a fundraising manager. This role is in high demand in the non-profit space and is an asset to helping businesses get donor funding.
The role of fundraising managers includes raising awareness of non-profits works to drum up the support of donors. Some of the competencies that non-profits look for in fundraising managers include fund management skills, event planning, sales, and persuasive skills.
Business careers are appealing now and will be appealing decades to come. They are easy to switch and provide professionals with the opportunity to retire when they are still young. Making a drastic change will be grueling, and explaining the above business administration role for career change convincingly in your operations, bringing intentionality and employability, will be indeed more delicate. It may feel like it’s insolvable at first, but as a career switcher, you must be willing to take calculative & guided way and be patient with your sweats if you want to hop into a meaningful career and use an above role for career change.
Choosing the correct technique and tools will facilitate a smooth transition from one career to another. The above article talks about some ways on how to change careers and how should you justify this change so that your decision could stand out as a different entity in the herd of the crowd. If you are looking to pursue a business career change, the options above are worth consideration.