2/5/2014 - Career path trends for today's executives
If asked in college whether they'd be in the position they are today professionally, the majority of business owners say they never would have imagined it.
Nearly 70% of executives questioned in a poll performed by talent management solutions firm Korn/Ferry International said that in their undergraduate days, they were involved in a field of study that's different from the one that they're now employed in. Additionally, more than 40% indicated that they wouldn't be surprised if today's college students wind up in professions that don't exist as of yet. In fact, 68% of respondents said that their current career wasn't even around when they were college freshmen
R.J. Heckman, president of Korn/Ferry's leadership and talent consulting division, indicated that this poll provides a glimpse as to how today's movers and shakers got to where they are.
"One takeaway is that while specific disciplines like finance and marketing will always be important, more ubiquitous skills, such as the ability to influence and motivate others, and apply past lessons to new challenges, are key to career advancement, regardless of industry or role," said Heckman.
Approximately two-thirds of executives questioned said that today's young people would likely learn more in their study if universities tied in how to develop various leadership qualities as opposed to focusing almost solely on the academic component.
No matter what industry entrepreneurs are now involved in, success is often determined by preparing for the unexpected - surprises that can come in a variety of forms. Business owners insurance is designed for this very purpose, providing the protection needed for risks associated with running a company, such as destroyed property, business interruption and product liability, among others.