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You may encounter fewer growth opportunities.
Executive coach Bill Catlette withContented Cow Partnerspointed out that it wasnt always this way.
Somewhere in the mid-1980s, we took a right-hand turn toward a less relational and much more contractual construct.
The perceived need for loyalty was diminished, both ways.
If you want something more, you gotta either negotiate for it or change jobs.
Limited data pipe
Staying at the same job can leave you with a small professional circle and data pipe.
Thats a far greater danger today than it was in years past.
Comfort in a career is no longer an option due to the ever-changing business environment professionals face today.
Networking, upskilling and building a valuable personal brand should become a priority, offered Enjoli.
The mantra of business is no longer that the big eat the small, observed Catlette.
Rather, its that the fast eat the slow.
Those who stay put today generally trade some added measure of stability for lesser income growth.
Enjoli drives this point home among her coaching clients.
I train my clients to look at career development through an entrepreneurial lens.
They own an important business, their personal brand.
Lack of Personal Growth
Before foundingTouchdown Money, Scott Lieberman worked in human resources for over a decade.
People who have only worked for one company their entire working life often have regrets.
Without a reason to grow and learn new skills, they become unfulfilled in their jobs.
The same need for security that drives many workers to stay at the same company can add career risk.
Organizations evolve over time, but each organization offers its own unique perspective, explained Chapman.
However, you could always introduce innovative ways of thinking without leaving your current employer.
Even late into your career, it is still possible to transition.
However, your strategy could look different depending on how many years you expect to remain in the workforce.
In any case, mid- to late-career transitioners will see the best results when they emphasize their transferable skills.
Soft skills can especially help late career transitioners to stand out in the labor market.
While soft skills are sometimes discounted, they remain critical to successful business operations.
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