Technology is Disrupting Jobs – But Here’s How You Can Keep Yours
Technology has caused major disruptions in almost every industry, and according to the World Economic Forum, more than 1.4 million jobs in the U.S. will be lost before 2026 due to rapid technological advances.
Technology and Job Disruption
According to the shocking report, almost 57 per cent of the workers affected by the job disruption will be females, which is a reflection of male dominance over the tech industry. However, there could be an upside to this disturbing trend. Most people who will find themselves out of jobs could find better, higher-paying career opportunities by simply acquiring new skills or undergoing intensive training.
Think of the disruption created by technology as an opportunity to take your skills to the next level and learn things that could help you get an even better job in the future. People in the tech industry or the startup scene are more paranoid about losing their jobs than those in other industries – and it’s probably because they are more familiar than anyone else with the capabilities of technology and how it can eventually replace humans in the job markets.
But what if a sudden job market upheaval turns the industry that you’re in on its head? How do you keep your career on a linear trend when everything around you is changing drastically due to the technological advances? Here’s some great advice from industry leaders and technologists who face disruptions every day – and know how to survive them.
Be a Lifelong Learner
The first and the most important tip to survive in any industry is to be a lifelong learner. You probably rolled your eyes at this advice but even though most of us know the importance of learning, how many of us actually practice it in our daily lives? Whether or not there is a catastrophe in your career, learning is a crucial part of the growth process.
Try to learn new things in your career, not just by acquiring new skills but constantly improving the ones you already have as well. Most people invest their time and effort in learning in skills that they can use immediately in their jobs, but forget to invest in skill development.
Commit to the process of constant feedback by asking your peers for suggestions to improve your work, getting advice from mentors and critical feedback those in your network who inspire you. By doing this, you’re be known in your company as someone who is committed to up-skilling, which will eventually boost your chances of landing a better career opportunity or a pay raise.
Step Into New Roles
Having the courage to embrace change is a strong career mindset, one that will set you up for guaranteed success. Most companies are teaching their employees to learn new skills in response to the changing industry demands. The goal of up-skilling employees is twofold: to make workers more competitive in their industry and to give them more opportunities for career advancement.
Learn to Utilize New Skills
Being aware of your skill and the environment you work in is key to excelling at your career. This sense of self-awareness is heightened in people who accumulate new skills and experiences. But having the willingness to learn a new skill isn’t enough.
You must also know how to actively engage in the process and seek opportunities that teach those skills to you in the format that best suits your needs. You can use various online resources, go to regular meet-ups, contact other companies and ask them how they would solve a particular challenge that you are facing at your firm.
Be a Better Listener
Listening is a skill that isn’t easy to acquire, but once you learn to master it, it can become you best networking weapon to excel at your career. Criteo’s Senior Engineering Manager, Muleine Lim, says that managers need to learn to listen actively and pick up on other people’s desirable skills and personalities.
More in Financial Advisor
Here’s Why Some People Never Retire
Changing Trends In recent times, it has become commonplace for baby boomers to keep working even into their 80s. Different reasons...October 29, 2018
Another Economic Crisis Could Be on the Horizon, But Where Will it Start?
The banking system has learned some hard lessons from the 2008 financial crisis which shook the global economy to its core....October 29, 2018
Companies Raising Prices Due to Tariff increase, Walmart Threatens to Follow Suit
The back and forth between China and the United States in the ongoing trade war is starting to sting the US-based...October 29, 2018
Snapchat Stock in Trouble as More Executives Leave the Company
Snapchat’s stock has been a trainwreck this year and investors are losing patience with CEO Even Spiegel and his “dictatorial management...October 28, 2018
This Retirement Expense is Making Women Lose Their Sleep
The only time living too long can become a curse is when you run out of retirement savings. And it is...October 28, 2018
Tesla Wins Case Against Ontario Government, Court Ruling Proves Carmaker was Treated Unjustly
Tesla filed a lawsuit against the Ontario government for unjustly canceling its vehicle rebate program last month, and a few days...October 28, 2018
When One Life Insurance Policy is not Enough
Yes, it’s true that you can get as many life insurance policies as you want. However, there is a certain limit...October 28, 2018
How Long Does $1 Million Last After Retirement? Research Finally Has the Answer
One million dollars is deemed a gold standard for the total sum one should have in a retirement fund. However, recent trends indicate that...October 28, 2018
Number One Reason Why People Don’t Save Enough for Retirement
Once you retire, you’ll probably be saving a lot of money by cutting travel expenses, cost of buying and dry-cleaning work...October 27, 2018