3 levers for your Career dream
Few years ago, I had hired a star player of a bank for Fintech leader role. He felt uncomfortable and resigned within few weeks. He want back to another bank and was a star leader yet again within a quarter.
Similarly last week, my friend shared about an average player in a bank moving onto a Services company and became a rising star there within 18 months.
Why do people feel like fish out of water at times? Why are star players unable to shine in another unit / company?
Hiring and coaching various leaders over years have helped me understand what makes them tick in an environment. It’s their cultural fit into the new ecosystem. Each organization has a culture linked with core values, few levers for success.
Based on my experience in BFSI sector in IT, HR roles across companies. here are few examples from my perspective.
This levers list is only an example to trigger your thinking and not common across industries. They could vary for each Company / Department / Manager / Role. These are mostly linked to the Balanced scorecard.
Let’s see an example of what happens when an employee shifts industries.
Manager Ram shifted from a Bank to a FinTech. See the drastic change in levers in both environment:
- Top 3 Levers of his old company — Bank — Governance, Process focus, Detail orientation
- Top 3 Levers of his new company — FinTech — Agility, Risk taking, Innovation
Obviously, Ram would be out of comfort zone when he joins. Ram’s success in new environment depends on his adaptability, unlearning old ways, learning new ways. If Ram is mentally prepared to adapt himself, he can get comfortable to new way of working within 2 quarters.
If you want to make a change. 3 questions to ponder:
- Would you like to move internally within your company to an alternate role / team / unit (or) Move to another company (or) Pivot your career ?
- What forms part of culture of the next work place team / company / manager and are you comfortable to make that shift?
- Do you need depth or breadth of experience next?
Depth helps to specialize in a chosen area and gives you an Expert identity. Breadth enhances your perspectives and helps you connect the dots as you move up the career.
Employees mostly look at the salary hike, title that they get in the new role and jump in. Very few do analysis of the culture of the new team / company / Manager before jumping in.
Don’t jump into the first offer that gives you more salary and fancy title and become a fish out of water.
Find Top 3 levers of the environment where you intend to move. Reflect, Understand cultural levers, prepare yourself and then make the shift.
Be patient in the first quarter and hold back your feeling to quit new environment.
Any change would move you out of comfort zone in the beginning, but would move you to comfort zone once you master to work in the new environment.
Seek out a Leadership Coach / your mentor and seek clarity if you are unable to decide on way forward.
Have you come across people who struggle to fit in after making a move? (or) Did you feel vulnerable when you moved to a new environment and how did you overcome that phase?
Share your experience.