From the course: Managing Your Career: Mid-Career
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Options for gaining industry knowledge
From the course: Managing Your Career: Mid-Career
Options for gaining industry knowledge
- At this point in your career, you may have identified a need to be more aligned with your organization's mission and vision. Or maybe you've experienced life changes that have made it necessary to make a career transition and change industries. Although relevant skills will always trump industry knowledge, the transition isn't as simple as you may think. There are a few challenges that you'll need to overcome including understanding industry jargon, becoming a known commodity, and translating your experiences to the new sector. The first step is to analyze the differences between your existing industry and the new industry. You need to understand how the specific tasks of the job change based on the new industry. For instance, you may be the finance director for a retail company and want to transition to higher education. In both industries your focus is on data and analytics to build strategies. However, in retail your focus may be on products, pricing, and promotions. And in…
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