Project Managers know that change is inevitable, and that it can be a barrier to goals or a window for opportunity. The other word for change is “disruption” and it is often used in the context of industries; new products disrupting the market, or new services disrupting exiting ones. Well known examples of industry disruption include Netflix, Amazon, and Uber. However, disruption is by no means limited to industries; it happens at the career level as well. Project Managers who can seize disruption as an opportunity will have more career longevity.
The same lessons learned from business case studies can apply to the professional’s career journey. The skills that made you successful in the past are valuable, but do not rest on them. Ask Blockbuster’s leadership if their approach of sticking “with the status quo rather than investing in capabilities that will bring the next win” helps them today as they log into their personal Netflix, Amazon Prime, Hulu, or Disney+ streaming account.
The impact of Covid-19 on the business world is far beyond the year 2020, with some changes now expected by employees (virtual work), some services expected by the market (no contact delivery), and technologies changing how humans communicate (artificial intelligence). Korn Ferry research shows that:
As a professional in any business setting, you can try and hang on to the past, and possibly get left behind; or you can embrace today and prep for tomorrow. As your work setting changes (in terms of hours, virtual/onsite work, services offered, changing customers, etc.), are you actively learning new skills and bringing a positive attitude to the effort? Or are you refusing to learn anything new and modeling closed-minded thinking? Consider this advice from author Charles Swindoll:
Life is 10% what happens to you,
and 90% how you react to it.
How you respond to change impacts your professional reputation which in turn, can influence if you are the first person contacted when there is a new career opportunity or the last.
The best of Project Managers can not plan every twist and turn a career can make. However, you can be prepared for disruption, and that effort can help ensure those career journey steps are ones that you guided. Consider New York Times writer Kevin Granville’s advice:
“Beyond having a single marketable skill, you should have a range of skills and interests that can provide a base for your work. Diversifying provides security: you aren’t pinning your future to
one industry, or one kind of work.”
There are actions you can take to ensure you are better prepared for disruption in a business or industry.
Recognize that there will always be disruptions. Be vigilant in what skills you develop so that your growth mindset and relevant skills can carry you forward into whatever disruption happens next.