As a financial professional, you may have gotten your foot in the door during the early stages of your career due to your professional training and skill set. However, there are other key elements which are necessary throughout the course of your career to keep you moving in the right direction and climbing up the corporate ladder. Below are five powerful strategies that will provide you with what you need to know to make all the right career moves.
1. Allow your financial credentials to constantly advance your career
Although many qualities are needed to obtain and maintain a solid financial career, having a strong, solid background in your core area of expertise can serve as the lifeblood of your career. But obtaining knowledge in other related areas will provide you with a leg up and more of a financial foundation to fall back on if shifts are made at your company, or in the financial industry in general.
Additionally, those who become proactive and continue to enhance their skill set on an ongoing basis will generally add more value to their company.
2. Always stay on the cutting-edge by keeping up with the latest news and trends in your industry
Keeping up with the latest updates and financial trends within your industry will also help you to be more valuable to your company. Particularly, if these updates and trends have a direct impact on the company you're working for, or more specifically, on your particular job assignment. Being on the cutting edge within your industry always puts professionals in the know and in the loop more so than their co-workers who may not be on the cutting edge. This strategy also makes you appear more proactive, responsible and able to participate in discussions with mid and upper management personnel. It's a very strategic way to seamlessly get into their circle without it being obvious.
3. Identify your career path as early as possible
There are many options and career paths you can take but, more importantly, knowing which one you actually want to take as early on as possible will help you better prepare for that path set to take place in the long run. That way you can begin grooming yourself for such positions long before you qualify or apply for them.
4. Establish relationships with those who have already climbed the corporate ladder
One great way to advance up the corporate ladder by determining which steps to take along the way is to establish a professional relationship with a colleague in a mid- to upper-management position. They have already climbed the corporate ladder by taking the necessary steps and often don't mind sharing a few pointers and career moves with you.
5. Begin working on your portfolio as early possible
Once you have identified your career path, you can begin to take on assignments that allow you to highlight key accomplishments that will lend itself to strategic advancements within your company and within the financial industry in general.
Basically, the more you know about your financial career goals while in your early stages, the better choices you can make early on in the process.