Manage your career like a business

Manage your career like a business Have you done a SWOT analysis on your career yet? When you manage your career like a business, youll uncover new opportunities. I am trying to draw parallels between how a business is managed and how managing your career are similar. If are a product and a service, how do you maintain your profitability? The same way a business would. Have a clear and realistic understanding of your demand in the marketplace. SWOT Analysis This is where the SWOT analysis comes in. Businesses use it to help them assess their place in the market. And you can too. When you understand what your strengths, weaknesses, opportunities and threats are, you can improve your marketability and increase your job security. In other words, get your head out of the sand and learn whats in demand! It isnt enough to take guesses. Do your research. Talk to people. Get real data and information to fill gaps. Strengths: What do you do well? What unique resources can you draw on? What do others see as your strengths? Weaknesses: What could you improve? Where do you have fewer resources than others? What are others likely to see as weaknesses? Opportunities: What good opportunities are open to you? What trends could you take advantage of How can you turn your strengths into opportunities? Threats: What trends could harm you? What is your competition doing? What threats do your weaknesses expose you to? Keep Up With Trends Impacting Your Industry and Occupation Here is a list of sources to help you get your news!