Strategic
management is a set of concepts that forms plan for the future of an
organization. It defines the path an organization will develop in order to
achieve success. Essentially strategic management
answers the questions of “where do I want my career to go” (goals), “how is my
career going to get there” (strategy) and “how will I know when I get there”
(evaluation).
In recent years most graduates leave school with expectation of
getting career security from their employer for the rest of their lives. Due to
this most employers avoid hiring individuals who focus on achieving a lifetime
career security rather than building their own career strategy that most
organizations rely upon to achieve their goals and objectives. With this in
mind career strategy has become something of a personal deal that one needs to
incorporate into him/herself so as to take full responsibility of my own career
strategy success and satisfaction. Career strategy has to do with what I want
my career to look like in a specified period of time and how I will plan to get
there. In deciding on career strategy I will focus on a career that captures my
interest. Something that will involve the use of the God given wisdom
(management) bestowed upon me rather than a job that will involve following a
laid down rules (accounting) that needs to be followed throughout your career.
In planning towards my career, these are the steps that I believe when followed
will guide me into achieving my personal career strategy. They include goal
setting, strategic analysis, strategic formulation, strategic implementation
and evaluation or monitoring.
The first step in developing my career strategy will be setting of
my personal goal, vision and objectives. This is what I call dream into the
future of your future career. This is how in ten years I want to see myself and
how it will be like. Will I be part of a top management team of one of Africa’s
corporations making critical decisions which I will most enjoy despite the pay
or be still stacked at a desk job that I hate doing but stay because of the pay
involved? Once I have dreamed into the future of my career then I will perform
a self-assessment of myself to know my abilities, interest, values and personal
traits that will be helpful in achieving my career strategy. This is the step
most organization refers to as SWOT analysis. This is done to know an
organizations strengths, weaknesses, opportunities and threats that they are
likely to benefit and face in their business environment. From an individual point
of view thus my career strategy I will need to analyze myself to know my core
competencies and shortfalls so as to enable me capitalize and work towards
reducing them respectively.
Strategic formulation as in strategic management is choosing the
best possible alternative from a course of action. It involves selecting a path
so as to commit resources to achieve organizational goals. From my personal
career strategy point of view, it involves committing resources to gain all the
needed training and expertise in my field of interest. This will include
getting a degree followed by a master’s programme in business management,
attending various workshops in the field area and also developing and acquiring
all the needed skills needed in other to fulfill my goals set for my career.
Strategy formulation can help me to be proactive rather than reactive to
foreseeable events and circumstances.
Strategic implementation involves putting into action plans that
has been formulated by the individual. It is ensuring the smooth running of the
alternative course of action is being effected. From my career point of view it
will involve making sure that I acquire all the necessary skills needed to
reach that milestone in my career. Walt Disney once said “If you can dream it,
you can do it”, with this in mind I believe strongly that with the help of the
strategic management concepts developed and personalized for myself to suit my
career strategy, implementation will happen successfully.
Strategy evaluation involves close monitoring of performance and
results and making adaptive changes against changing environmental trends. At
this stage of my career strategy I will be comparing targeted results with
achieved results and draw conclusions on why I achieved or failed some of the
goals I set for my career. When the whys and why not questions of goals
attainment are answered then I can go ahead and put in place measures to ensure
continuous success and also attainment of failed goals.
To end strategic management concepts that have being identified
and used by leaders in organizations to achieve success can be personalized by
an individual to achieve success in his/her career development.
If you can dream it you can
do it.
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