Are we now in the Age of the Broken ‘Career Ladder’
Ryan Broad
Founder, Recruit IQ | Talent100 2024 Awardee | AI-Powered Talent Acquisition Solutions | Ex WPP/GroupM, Just Eat, Vodafone | DEI Advocate | Building Future-Ready Talent Teams
Embracing Alternative Pathways to Your Ideal Job
The concept of a straightforward career ladder is rapidly becoming a relic of the past. In today's dynamic and unpredictable job market, the path from entry-level positions to leadership roles is no longer linear. The evolving nature of work and the changing values of younger generations have transformed how we view and pursue career advancement.
The Disappearing Corporate Ladder
Traditionally, employees could anticipate progressing vertically within a company, moving from the shop floor to the boardroom over the course of their careers. However, structural changes in large organisations, including downsizing and outsourcing, have diminished these paths. This has not only limited advancement opportunities but has also shifted many jobs to task-oriented roles often filled by gig workers, thereby reducing the scope for skill development and long-term career growth within a single company.
Changing Perceptions and Values
Recent surveys, such as those by McKinsey and the World Values Survey, highlight significant shifts in workplace dynamics and employee values. Younger generations, including millennials and Generation Z, are placing less emphasis on work as a central life element. This shift is reflected in the declining percentage of millennials who prioritise work above other aspects of life, dropping from 41% to 14% over a decade. These changing values suggest a growing trend towards seeking fulfilment outside of traditional work settings, further complicating the concept of climbing a corporate ladder.
In response to these changes, career experts Marion de Bruyne and Katleen de Stobbeleir recommend a strategy known as "zigzagging." Rather than focusing solely on upward mobility, zigzagging involves making lateral moves that can offer new experiences, broaden skills, and expand professional networks. This approach acknowledges that career setbacks, such as not receiving a promotion, can provide valuable learning opportunities that contribute to personal and professional development.
From my own observations, young professionals today are facing even more significant challenges in securing roles that match their qualifications. Post-COVID, organisations have increasingly demanded relevant experience even for junior positions, prolonging the journey for many talented individuals eager to start their careers. This trend makes it harder for newcomers to gain a foothold in their desired fields, necessitating a more creative approach to career planning.
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Job Crafting: Tailoring Your Role
Another strategy for navigating today’s complex job landscape is "job crafting." This concept involves reshaping one's current role to better fit personal skills and career aspirations. Job crafting can include taking on new projects, altering interactions within the workplace, or redefining the scope and impact of one's job. By proactively adjusting their roles, employees can create more satisfying and engaging work experiences within their existing positions.
Building Community and Career Experiments
Further strategies for career advancement involve building professional communities and engaging in career experiments. Joining industry-specific groups or networks can provide support, share knowledge, and open up new opportunities. Additionally, Herminia Ibarra of London Business School suggests conducting small-scale "career experiments" to explore potential career paths. These experiments can range from leading a project at work to engaging in leadership roles outside the office, allowing individuals to test and develop their skills in lower-stakes environments before making significant career changes.
The traditional career ladder may be breaking, but that does not mean the end of career advancement.
By adopting alternative strategies such as zigzagging, job crafting, and engaging in community and experimental roles, individuals can navigate the complexities of the modern job market.
These approaches allow for a more flexible, fulfilling path to achieving one’s career goals, reflecting the evolving nature of work and personal values in the 21st century.
This perspective on career development is crucial for both current and future professionals to understand as they navigate an increasingly fragmented and dynamic job landscape. Embracing these strategies can lead to more meaningful and satisfying career trajectories, tailored to individual preferences and life goals.