Career planning
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  • 1. Career planningMaster class by Amir Aisautov 10 November 2010
  • 2. IntroductionAmir Aisautov• Education: • KazNTU (undergrad); • Georgetown University (MBA);• Current employment • SCM, Director of metals&mining business;• Previous professional experience: • P&G (marketing); • McKinsey & Co. (management consulting); • Clever management (investment company). 2
  • 3. Short pre-assignment• Get piece of paper;• Take 2 minutes to think about how you pictureyourself in 10 years both professionally andpersonally;• Write it down. 3
  • 4. Today’s agenda• Career vs. careerism;• Types of careers;• Career and business;• Career and success;• Personality types and career choices;• People on top;• Planning your career and personal strategies. 4
  • 5. 5
  • 6. Career vs. careerism (1/2)• “Career” coming from • Italian “Carriera” – run, way of life; • Latin “Carrus” – cart, wagon or “Carrera” – race;• Career is defined* as … • … an individuals “course or progress through life (or a distinct portion of life)”; • Mostly referring to renumerative work and formal education;• So is it good or bad? 5
  • 7. Career vs. careerism (2/2)• “Careerism” coming from the same roots as “career” but probably with focus on Latin “Carrera” – race (“Rat Race”?);• Extreme careerism is defined* as … • … the propensity to pursue career advancement, power, and prestige through any non- performance based activity that is deemed necessary;• Themes of extreme careerism • Competence is not enough; • Impression Management; • Personal vs. organizational goals and short term focus;•So is it good or bad? 6
  • 8. Types of career (1/2)• Professional career – growing skills and capabilities / competencies • Specialization; • Widening;• Inter-organizational career • Vertical; • Horizontal; • Moving towards decision making center;• Often difficult to combine different types. 7
  • 9. Types of career (2/2)• Examples • Your parents? • People you know? •…• Is any type good or bad?• Pros and cons of different types?• Interesting view: Incompetence principle (Peter’s Principle). 8
  • 10. Career and business• Levels of management • Junior positions – managing tools; • Mid management positions – managing operations and teams; • Top management positions – managing strategies and people; • Shareholders – managing own capital, to lesser extent strategies and people;• So in your view can you do “career” as a shareholder?• Is any path good or bad?• What are pros and cons? 9
  • 11. Career and success• Remember that career refers mostly to remunerative work and formal education;• Is it all you think you need in life?• Now take a look at your piece of paper with pre-assignment;• Let brainstorm together - Success in life is … •… •… •…• Personal opinion. 10
  • 12. Personality types and career choices (1/3)• MBTI - Myers-Briggs Type Indicator • is a psychometric questionnaire designed to measure psychological preferences in how people perceive the world and make decisions; • based on typological theory of Carl Gustav Jung; • widely used by companies all over the world;• Classifying dimensions (16 types) • Extraversion (E) - (I) Introversion; • Sensing (S) - (N) Intuition; • Thinking (T) - (F) Feeling; • Judgment (J) - (P) Perception;• Some limitations exist; 11
  • 13. Personality types and career choices (2/3)• Take into account: • Type not trait; • Own best judge; • No right or wrong; • Not for selection;• Isabel Briggs Myers quote: •“Whatever the circumstances of your life the understanding of type can make your perceptions clearer, your judgements sounder, and your life closer to your heart’s desire”. 12
  • 14. Personality types and career choices (3/3)• Other classification (720 types!) – J. Holland often considered more appropriate in context of career selection: • Realistic – oriented towards manipulation by tools and mechanisms; • Investigative – oriented towards search; • Artistic – oriented towards emotional, self-presentation; • Social – oriented towards interaction with people; • Entrepreneurial – oriented towards influencing people; • Conventional – oriented towards manipulation with data / information;• Limitations exist as well;• Read more on MBTI and Holland (other tests if like), your type and think how it can be applied to your career choices and life in general. 13
  • 15. People on top – Lakshmi Mittal• Lakshmi Mittal• CEO and major shareholder of the largest steel maker in the world making 100+ mln. tones of steel / year;•Born in small business (steel making) family in India in 1950, educated in St. Xaviers College in Kalkuta.• Has 30+ years of experience in steel making;• Known for forcing consolidation in industry (grew his company from 1989 to number #1 in the world mostly through acquisitions on emerging markets – Trinidad and Tobago, Kazakhstan, Ukraine, Romania, Algeria, Bosnia, South Africa, …and then developed world) and technological innovation (mini-mills, DRI instead of scrap). 14
  • 16. People on top – Alexey Mordashev• Alexey Mordashev• CEO and major shareholder of one of the largest steel companies in the world (~20 mln. tones of steel / year);• Born in Cherepovets, Vologodskaya oblast of Russia in 1965;• Graduated from Leningrad engineering – economical institute in 1988;• After graduation started as an economist, in 1989 was intern at VoestAlpine (austrian steelmaking company), in 1992 at the age of 27 became CFO, created Severstal-invest where he owned 76% and via it consolidated shares of the plant. 15
  • 17. People on top – Oleg Deripaska• Oleg Deripaska• CEO and major shareholder of Rusal – the largest producer of aluminium in the world;• Was born in 1968, grew up in rural areas of Krasnodar region;• In 1993 graduated from Moscow State University (physics) and Pleshka (1996);• While in MSU (early 90-s) his company started buy out of shares of aluminium producers in Russia (Sayanskiy aluminium plant);• In 1994 (at the age of 26 he became majority shareholder and CEO of the plant). 16
  • 18. Planning your career and personal strategies (1/4)• Why do you need to plan it at all? Remember “Alice in Wonderland”? •“Alice: Would you tell me, please, which way I ought to go from here? •The Cat: That depends a good deal on where you want to get to •Alice: I dont much care where. •The Cat: Then it doesnt much matter which way you go •Alice: …so long as I get somewhere. •The Cat: Oh, youre sure to do that, if only you walk long enough”• It’s always just a personal choice: • Random; • Tradition; • Requirement; • Though-through choice. 17
  • 19. 19
  • 20. Planning your career and personal strategies (2/4)• Think about you life priorities, who you want to be (pre-assignment?), where you want to live, what lifestyle you are interested in several time horizons;• Think about your preferences (MBTI and Holland?);• Think what can lead to archiving priorities while suiting your preferences (in several time horizons if necessary!); • Industry; • Company; • Function; • Position; •…• Always plan some degree of flexibility. 18
  • 21. Planning your career and personal strategies (3/4)• Most important industries in Ukraine • Metals; • Mining; • Agro; •…;• Most important companies / groups in Ukraine • State: • Ukrzalyznytsa;; •.; • Private: • SCM; •…• Functions • Finance; • Operations; • …;• Always plan some degree of flexibility. 19
  • 22. Planning your career and personal strategies (4/4)• 2 volunteers needed for example;• Volunteers will state: • Priorities; • Preferences; • How she/he would archive priorities while suiting preferences;• What do you think, what would you advise volunteers? 20
  • 23. Conclusion 23
  • 24. Thank you for attention!Any questions?