University of Melbourne : Careers Guide 2012
These days, career success is not just about how much you develop your skills, knowledge and experience; it’s also about how you extract value from social networks. This is because your education, work and social relationships – both virtual and face-to-face – can help create different types of career opportunities. In their influential book, The Boundar yless Career: A New Employment Principle for a New Organizational Era, authors Michael Arthur and Denise Rousseau argue that thriving in a career relies on being familiar with the ‘three knows’: knowing why, knowing how and knowing whom. Knowing why you’re doing your work means having a clear sense of what you want to get out of it – and what you want to put in – and acknowledging that this might change during your lifetime. Know ing how to do it is about going out and getting the expert knowledge you’ll need to be successful. This will often come through university-level education, which has risen sharply down the generations: 35% of 25- to 34-year-olds have completed a university course, compared with 20% of 55- to 64-year-olds, according to a report by the Organisation for Economic Co-operation and Development. Education can also play a big role in financial advancement and career satisfaction, particularly for women, according to careers expert Thomas Ng. Knowing whom to team up with out of all the possibilities throughout your relationships and contacts can also play a big part in your career success. These relationships develop at high school and flourish at university. The better educated you are, the more relationships you’ll make throughout your life; it is also likely to mean your future will present fewer boundaries – physically, psychologically and geographically – and a less of a defined pecking order at work. New and developing technologies are shaking up the old ways of doing business so that it is more efficient, which means work is being decentralised and structured in very different ways. Open-source, digital and voice-over-internet technologies mean businesses can access people with the right skills, knowledge and experience no matter where they are around the world, as well as connecting buyers and sellers in novel ways – eBay, for instance. All this means that many organisations – particularly ‘bricks and mortar’ companies – will need to rethink their business models and how they market their products and ser vices. Working in the 21st century, you can expect a lifetime of employability rather than a lifetime of employment, according to Rousseau, who is a globally renowned expert in employment. This means that the workplace will be more diverse and intergenerational than in previous decades, as people come to a workplace from different employment and educational backgrounds, and at different stages of their lives, especially as older generations stay in the workplace longer. Kick Start Your Career provides an exciting insight into the possibilities ahead for those who anticipate these changes and are prepared for them. This useful guide highlights the importance of targeted educational experiences that will help you to thrive in your career and adapt to new areas of work, whether in business, manufacturing and design, law, energy and resources, education, health and wellbeing or ‘green’ industries. And whether they exist, or are yet to be invented. Foreword NEW CAREERS How to thrive in the 21st century Thriving in a career relies on you being familiar with the 'three knows': knowing why, knowing how and knowing whom. Leisa Sargent, Associate Professor of Management in the Faculty of Business and Economics at the University of Melbourne.