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Changing	
  Domains	
  
Moving	
  successfully	
  from	
  one	
  domain	
  to	
  another	
  
Changing	
  domain	
  of	
  your	
  work	
  requires	
  careful	
  consideration	
  because	
  there	
  is	
  a	
  high	
  risk	
  involved.	
  
Following	
  the	
  five-­‐step	
  process	
  described	
  in	
  this	
  document	
  helps	
  you	
  to	
  maximize	
  your	
  chances	
  of	
  
success	
  at	
  this	
  transition.	
  	
  	
  
	
  
Mrityunjay	
  Kumar	
  
Chief	
  Career	
  Coach	
  
info@careerbloom.in	
  	
  
©	
  2016	
  Career	
  Bloom	
  http://careerbloom.in	
  	
   Page	
  1	
  
	
   	
   	
   	
   	
  
Changing	
  Domains	
  
There	
  are	
  5	
  aspects	
  that	
  should	
  be	
  kept	
  in	
  mind	
  when	
  doing	
  such	
  a	
  transition.	
  For	
  the	
  following	
  
description,	
  we	
  take	
  the	
  example	
  of	
  a	
  move	
  from	
  Banking	
  into	
  Real	
  Estate.	
  	
  
	
  
Analyze	
  Motivation	
  
You	
  should	
  be	
  reasonably	
  clear	
  (and	
  honest)	
  about	
  your	
  motivation	
  behind	
  the	
  change.	
  Here	
  are	
  a	
  few	
  
questions	
  you	
  should	
  ask	
  of	
  yourself:	
  	
  
1. Why	
  do	
  you	
  want	
  to	
  move	
  into	
  real	
  estate?	
  Here	
  are	
  a	
  few	
  typical	
  reasons	
  to	
  do	
  so:	
  	
  
a. You	
  see	
  it	
  is	
  a	
  booming	
  field	
  and	
  people	
  make	
  lots	
  of	
  money,	
  and	
  you	
  would	
  like	
  to	
  
make	
  money	
  too.	
  	
  
b. You	
  see	
  the	
  work	
  people	
  do	
  and	
  you	
  like	
  that	
  work	
  much	
  more	
  than	
  you	
  like	
  your	
  
current	
  work.	
  	
  
c. You	
  think	
  that	
  real	
  estate	
  will	
  help	
  your	
  career	
  grow	
  much	
  faster	
  than	
  banking	
  and	
  help	
  
you	
  achieve	
  your	
  career	
  and	
  life	
  goals	
  faster	
  
d. You	
  need	
  some	
  change	
  and	
  real	
  estate	
  seems	
  as	
  good	
  as	
  any.	
  	
  
2. Why	
  do	
  you	
  want	
  to	
  move	
  away	
  from	
  banking?	
  Here	
  are	
  a	
  few	
  typical	
  reasons:	
  	
  
a. You	
  feel	
  bored	
  in	
  your	
  current	
  role	
  and	
  don’t	
  see	
  a	
  way	
  it	
  is	
  going	
  to	
  change	
  any	
  time	
  
soon	
  
b. You	
  think	
  Banking	
  as	
  a	
  sector	
  will	
  not	
  give	
  you	
  the	
  kind	
  of	
  challenge	
  or	
  growth	
  you	
  need	
  
c. You	
  don’t	
  like	
  your	
  environment	
  (boss,	
  company,	
  location,	
  etc.)	
  and	
  want	
  a	
  change	
  
	
  
Answer	
  above	
  questions	
  and	
  see	
  what	
  really	
  motivates	
  you	
  to	
  consider	
  this	
  change.	
  If	
  you	
  don’t	
  have	
  a	
  
good	
  reason	
  (when	
  you	
  answer	
  these	
  honestly),	
  you	
  should	
  wait	
  and	
  spend	
  more	
  time	
  researching	
  (see	
  
below)	
  to	
  see	
  if	
  a	
  reason	
  emerges.	
  Otherwise,	
  you	
  should	
  make	
  your	
  current	
  domain	
  role	
  work	
  for	
  you	
  
by	
  doing	
  change	
  within	
  the	
  domain	
  (some	
  of	
  the	
  advice	
  below	
  will	
  be	
  applicable	
  in	
  that	
  case	
  too).	
  	
  
	
  
	
  
Research	
  the	
  new	
  Domain	
  
It	
  is	
  not	
  easy	
  to	
  do	
  a	
  domain	
  change	
  successfully,	
  and	
  so	
  there	
  is	
  inherently	
  a	
  risk	
  involved	
  in	
  it,	
  as	
  your	
  
advisors	
  are	
  telling	
  you.	
  To	
  navigate	
  this	
  change	
  successfully,	
  you	
  need	
  to	
  prepare.	
  Here	
  are	
  a	
  few	
  things	
  
that	
  has	
  worked	
  for	
  people	
  I	
  have	
  seen	
  do	
  such	
  domain	
  changes	
  well:	
  	
  
1. Be	
  specific	
  about	
  your	
  goal.	
  Just	
  having	
  an	
  interest	
  in	
  a	
  domain	
  doesn’t	
  help	
  much	
  in	
  making	
  
decision.	
  There	
  are	
  thousands	
  of	
  roles	
  within	
  a	
  domain	
  that	
  you	
  could	
  be	
  eligible	
  (or	
  ineligible)	
  
for.	
  It	
  is	
  important	
  to	
  zoom	
  into	
  a	
  role	
  that	
  will	
  interest	
  you	
  and	
  have	
  a	
  good	
  chance	
  of	
  accepting	
  
you	
  you’re	
  your	
  current	
  experience.	
  Identify	
  the	
  actual	
  role	
  you	
  want	
  to	
  get	
  into.	
  Research	
  on	
  
job	
  portals	
  to	
  know	
  specific	
  details	
  of	
  jobs	
  that	
  get	
  posted,	
  skills	
  they	
  require,	
  salaries	
  they	
  offer,	
  
etc.	
  	
  
2. Meet	
  people	
  who	
  do	
  the	
  role(s)	
  you	
  have	
  identified	
  for	
  investigation.	
  Find	
  such	
  people	
  
through	
  your	
  network	
  of	
  friends	
  (LinkedIn,	
  Facebook	
  or	
  other	
  social	
  media	
  tools	
  are	
  
indispensable)	
  or	
  other	
  means	
  you	
  are	
  comfortable	
  with.	
  Ask	
  them	
  to	
  describe	
  their	
  job	
  
description	
  and	
  a	
  day	
  in	
  their	
  life	
  doing	
  this	
  role,	
  as	
  well	
  as	
  career	
  growth	
  they	
  see	
  in	
  front	
  of	
  
them.	
  Sometimes,	
  it	
  will	
  surprise	
  you:	
  appearance	
  of	
  a	
  role	
  from	
  outside	
  can	
  be	
  very	
  different	
  
than	
  what	
  the	
  role	
  really	
  entails	
  80%	
  of	
  the	
  time.	
  	
  
©	
  2016	
  Career	
  Bloom	
  http://careerbloom.in	
  	
   Page	
  2	
  
	
   	
   	
   	
   	
  
3. Research	
  about	
  career	
  paths	
  available	
  from	
  this	
  role.	
  Sometimes,	
  a	
  role	
  may	
  feel	
  very	
  good	
  and	
  
challenging,	
  but	
  growth	
  options	
  from	
  that	
  role	
  will	
  be	
  very	
  limited.	
  It	
  is	
  important	
  to	
  be	
  careful	
  
when	
  deciding	
  on	
  such	
  roles.	
  	
  
4. Give	
  lots	
  of	
  interviews	
  –	
  applying	
  for	
  roles	
  and	
  getting	
  invited	
  to	
  interviews	
  is	
  a	
  great	
  way	
  to	
  
know	
  about	
  a	
  role	
  and	
  whether	
  you	
  will	
  fit	
  in.	
  Try	
  to	
  get	
  some	
  interviews.	
  However,	
  make	
  sure	
  
that	
  you	
  don’t	
  do	
  interviews	
  (and	
  fail!)	
  in	
  companies	
  that	
  you	
  would	
  really	
  like	
  to	
  work	
  in.	
  Try	
  
smaller	
  companies,	
  they	
  are	
  easier	
  to	
  get	
  interviews	
  from.	
  	
  
Analyze	
  your	
  Strengths	
  
Having	
  an	
  interest	
  in	
  the	
  area	
  is	
  not	
  enough.	
  It	
  is	
  also	
  important	
  to	
  know	
  what	
  skills	
  and	
  strengths	
  are	
  
required	
  to	
  be	
  successful	
  in	
  that	
  area	
  and	
  whether	
  you	
  possess	
  them	
  or	
  not.	
  	
  
Once	
  you	
  have	
  done	
  your	
  research,	
  you	
  will	
  know	
  the	
  skills	
  and	
  strengths	
  required	
  to	
  be	
  successful	
  in	
  
your	
  chosen	
  role	
  and	
  area.	
  Spend	
  some	
  time	
  in	
  figuring	
  our	
  whether	
  you	
  possess	
  them	
  or	
  not.	
  Here	
  are	
  
a	
  few	
  ways	
  to	
  figure	
  out	
  your	
  strengths:	
  	
  
1. Friends	
  and	
  Family:	
  People	
  around	
  you	
  usually	
  know	
  your	
  strengths	
  (and	
  weaknesses)	
  better	
  
than	
  you.	
  Leverage	
  them.	
  	
  
2. Analogy	
  from	
  past	
  events:	
  Try	
  to	
  remember	
  past	
  experiences	
  of	
  work	
  which	
  would	
  be	
  similar	
  to	
  
what	
  your	
  research	
  suggests	
  you	
  will	
  have	
  to	
  do	
  in	
  the	
  new	
  role.	
  Remember	
  your	
  emotions	
  
while	
  doing	
  that	
  work;	
  your	
  remember	
  position	
  emotions	
  from	
  the	
  work	
  you	
  like	
  to	
  do	
  and/or	
  
can	
  do	
  well.	
  Read	
  Flow	
  and	
  see	
  if	
  you	
  haven’t	
  been	
  in	
  such	
  an	
  experience.	
  	
  
3. Assessments:	
  There	
  are	
  lots	
  of	
  personality	
  and	
  other	
  tests	
  that	
  you	
  can	
  take	
  to	
  get	
  you	
  some	
  
sense	
  of	
  your	
  strengths	
  -­‐	
  MBTI,	
  Big	
  5,	
  StrengthsFinder,	
  etc.	
  	
  
	
  
Minimize	
  the	
  Risk	
  of	
  transition	
  
It	
  is	
  important	
  to	
  reduce	
  the	
  risk	
  in	
  such	
  transition.	
  Here	
  are	
  some	
  of	
  the	
  outcomes	
  that	
  can	
  happen:	
  	
  
1. Successful	
  Change:	
  You	
  have	
  a	
  new	
  role	
  in	
  real	
  estate,	
  and	
  you	
  are	
  doing	
  good.	
  	
  
2. Successful	
  rollback:	
  You	
  take	
  up	
  a	
  new	
  role,	
  it	
  doesn’t	
  work	
  out	
  well,	
  you	
  come	
  back	
  to	
  your	
  old	
  
role	
  (same	
  company	
  or	
  different	
  company)	
  successfully.	
  	
  
3. Unsuccessful	
  Change:	
  You	
  are	
  trying	
  for	
  a	
  new	
  role	
  but	
  you	
  don’t	
  get	
  it.	
  But	
  you	
  still	
  have	
  your	
  
old	
  job.	
  
4. Unsuccessful	
  rollback:	
  New	
  role	
  doesn’t	
  work	
  out,	
  and	
  you	
  are	
  unable	
  to	
  get	
  a	
  job	
  in	
  your	
  old	
  
role.	
  	
  
	
  
It	
  is	
  always	
  a	
  good	
  idea	
  to	
  try	
  out	
  the	
  role	
  without	
  leaving	
  the	
  old	
  one.	
  You	
  can	
  do	
  it	
  in	
  many	
  ways:	
  	
  
1. Shadow	
  a	
  friend	
  who	
  is	
  in	
  the	
  same	
  role	
  for	
  a	
  few	
  days	
  and	
  go	
  through	
  exactly	
  what	
  they	
  go	
  
through	
  
2. Take	
  a	
  1-­‐2	
  months	
  break	
  (if	
  your	
  company	
  allows	
  you)	
  and	
  take	
  a	
  job	
  in	
  the	
  role	
  you	
  want.	
  	
  
3. 	
  Take	
  a	
  part-­‐time	
  job	
  for	
  1-­‐2	
  months	
  
	
  
Of	
  course,	
  #4	
  is	
  the	
  least	
  desirable	
  and	
  scary	
  situation,	
  and	
  the	
  chance	
  for	
  that	
  happening	
  should	
  be	
  
made	
  as	
  close	
  to	
  0	
  as	
  possible	
  through	
  careful	
  management	
  of	
  this	
  transition.	
  Motivation	
  analysis	
  and	
  
Domain	
  Research	
  are	
  intended	
  to	
  help	
  in	
  this.	
  	
  
	
  
©	
  2016	
  Career	
  Bloom	
  http://careerbloom.in	
  	
   Page	
  3	
  
	
   	
   	
   	
   	
  
Prepare	
  well	
  
When	
  you	
  have	
  done	
  all	
  the	
  3	
  steps	
  above	
  well,	
  and	
  are	
  still	
  on	
  track	
  to	
  do	
  the	
  change,	
  make	
  sure	
  you	
  
do	
  the	
  following	
  well	
  to	
  prepare	
  for	
  this:	
  	
  
1. Resume	
  –	
  Make	
  sure	
  your	
  resume	
  is	
  written	
  in	
  a	
  way	
  that	
  appeals	
  to	
  real	
  estate	
  folks.	
  To	
  do	
  this,	
  
create	
  a	
  domain	
  independent	
  resume	
  and	
  get	
  it	
  reviewed	
  from	
  someone	
  who	
  is	
  in	
  Real	
  Estate	
  
2. Interview	
  preparation	
  –	
  Your	
  word	
  choice	
  and	
  project	
  descriptions	
  become	
  surprisingly	
  domain	
  
dependent	
  after	
  you	
  have	
  spent	
  a	
  few	
  years	
  in	
  a	
  domain.	
  You	
  need	
  to	
  prepare	
  well	
  through	
  
mock	
  interviews	
  and	
  writing	
  what	
  you	
  want	
  to	
  speak,	
  and	
  change	
  your	
  language	
  to	
  be	
  more	
  
domain	
  independent,	
  or	
  still	
  better,	
  real	
  estate	
  focused	
  (if	
  you	
  have	
  done	
  your	
  research	
  well,	
  it	
  
should	
  be	
  easy	
  to	
  do	
  so).	
  	
  
3. Network	
  –	
  Most	
  good	
  jobs	
  will	
  be	
  obtained	
  through	
  your	
  network,	
  so	
  invest	
  in	
  networking.	
  
Attend	
  events	
  and	
  conferences	
  for	
  real	
  estate,	
  find	
  mutual	
  friends	
  who	
  work	
  in	
  these	
  domains,	
  
find	
  someone	
  who	
  has	
  done	
  transition	
  into	
  real	
  estate	
  from	
  another	
  domain,	
  etc.	
  	
  
	
  

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Changing domains

  • 1.         Changing  Domains   Moving  successfully  from  one  domain  to  another   Changing  domain  of  your  work  requires  careful  consideration  because  there  is  a  high  risk  involved.   Following  the  five-­‐step  process  described  in  this  document  helps  you  to  maximize  your  chances  of   success  at  this  transition.         Mrityunjay  Kumar   Chief  Career  Coach   info@careerbloom.in    
  • 2. ©  2016  Career  Bloom  http://careerbloom.in     Page  1             Changing  Domains   There  are  5  aspects  that  should  be  kept  in  mind  when  doing  such  a  transition.  For  the  following   description,  we  take  the  example  of  a  move  from  Banking  into  Real  Estate.       Analyze  Motivation   You  should  be  reasonably  clear  (and  honest)  about  your  motivation  behind  the  change.  Here  are  a  few   questions  you  should  ask  of  yourself:     1. Why  do  you  want  to  move  into  real  estate?  Here  are  a  few  typical  reasons  to  do  so:     a. You  see  it  is  a  booming  field  and  people  make  lots  of  money,  and  you  would  like  to   make  money  too.     b. You  see  the  work  people  do  and  you  like  that  work  much  more  than  you  like  your   current  work.     c. You  think  that  real  estate  will  help  your  career  grow  much  faster  than  banking  and  help   you  achieve  your  career  and  life  goals  faster   d. You  need  some  change  and  real  estate  seems  as  good  as  any.     2. Why  do  you  want  to  move  away  from  banking?  Here  are  a  few  typical  reasons:     a. You  feel  bored  in  your  current  role  and  don’t  see  a  way  it  is  going  to  change  any  time   soon   b. You  think  Banking  as  a  sector  will  not  give  you  the  kind  of  challenge  or  growth  you  need   c. You  don’t  like  your  environment  (boss,  company,  location,  etc.)  and  want  a  change     Answer  above  questions  and  see  what  really  motivates  you  to  consider  this  change.  If  you  don’t  have  a   good  reason  (when  you  answer  these  honestly),  you  should  wait  and  spend  more  time  researching  (see   below)  to  see  if  a  reason  emerges.  Otherwise,  you  should  make  your  current  domain  role  work  for  you   by  doing  change  within  the  domain  (some  of  the  advice  below  will  be  applicable  in  that  case  too).         Research  the  new  Domain   It  is  not  easy  to  do  a  domain  change  successfully,  and  so  there  is  inherently  a  risk  involved  in  it,  as  your   advisors  are  telling  you.  To  navigate  this  change  successfully,  you  need  to  prepare.  Here  are  a  few  things   that  has  worked  for  people  I  have  seen  do  such  domain  changes  well:     1. Be  specific  about  your  goal.  Just  having  an  interest  in  a  domain  doesn’t  help  much  in  making   decision.  There  are  thousands  of  roles  within  a  domain  that  you  could  be  eligible  (or  ineligible)   for.  It  is  important  to  zoom  into  a  role  that  will  interest  you  and  have  a  good  chance  of  accepting   you  you’re  your  current  experience.  Identify  the  actual  role  you  want  to  get  into.  Research  on   job  portals  to  know  specific  details  of  jobs  that  get  posted,  skills  they  require,  salaries  they  offer,   etc.     2. Meet  people  who  do  the  role(s)  you  have  identified  for  investigation.  Find  such  people   through  your  network  of  friends  (LinkedIn,  Facebook  or  other  social  media  tools  are   indispensable)  or  other  means  you  are  comfortable  with.  Ask  them  to  describe  their  job   description  and  a  day  in  their  life  doing  this  role,  as  well  as  career  growth  they  see  in  front  of   them.  Sometimes,  it  will  surprise  you:  appearance  of  a  role  from  outside  can  be  very  different   than  what  the  role  really  entails  80%  of  the  time.    
  • 3. ©  2016  Career  Bloom  http://careerbloom.in     Page  2             3. Research  about  career  paths  available  from  this  role.  Sometimes,  a  role  may  feel  very  good  and   challenging,  but  growth  options  from  that  role  will  be  very  limited.  It  is  important  to  be  careful   when  deciding  on  such  roles.     4. Give  lots  of  interviews  –  applying  for  roles  and  getting  invited  to  interviews  is  a  great  way  to   know  about  a  role  and  whether  you  will  fit  in.  Try  to  get  some  interviews.  However,  make  sure   that  you  don’t  do  interviews  (and  fail!)  in  companies  that  you  would  really  like  to  work  in.  Try   smaller  companies,  they  are  easier  to  get  interviews  from.     Analyze  your  Strengths   Having  an  interest  in  the  area  is  not  enough.  It  is  also  important  to  know  what  skills  and  strengths  are   required  to  be  successful  in  that  area  and  whether  you  possess  them  or  not.     Once  you  have  done  your  research,  you  will  know  the  skills  and  strengths  required  to  be  successful  in   your  chosen  role  and  area.  Spend  some  time  in  figuring  our  whether  you  possess  them  or  not.  Here  are   a  few  ways  to  figure  out  your  strengths:     1. Friends  and  Family:  People  around  you  usually  know  your  strengths  (and  weaknesses)  better   than  you.  Leverage  them.     2. Analogy  from  past  events:  Try  to  remember  past  experiences  of  work  which  would  be  similar  to   what  your  research  suggests  you  will  have  to  do  in  the  new  role.  Remember  your  emotions   while  doing  that  work;  your  remember  position  emotions  from  the  work  you  like  to  do  and/or   can  do  well.  Read  Flow  and  see  if  you  haven’t  been  in  such  an  experience.     3. Assessments:  There  are  lots  of  personality  and  other  tests  that  you  can  take  to  get  you  some   sense  of  your  strengths  -­‐  MBTI,  Big  5,  StrengthsFinder,  etc.       Minimize  the  Risk  of  transition   It  is  important  to  reduce  the  risk  in  such  transition.  Here  are  some  of  the  outcomes  that  can  happen:     1. Successful  Change:  You  have  a  new  role  in  real  estate,  and  you  are  doing  good.     2. Successful  rollback:  You  take  up  a  new  role,  it  doesn’t  work  out  well,  you  come  back  to  your  old   role  (same  company  or  different  company)  successfully.     3. Unsuccessful  Change:  You  are  trying  for  a  new  role  but  you  don’t  get  it.  But  you  still  have  your   old  job.   4. Unsuccessful  rollback:  New  role  doesn’t  work  out,  and  you  are  unable  to  get  a  job  in  your  old   role.       It  is  always  a  good  idea  to  try  out  the  role  without  leaving  the  old  one.  You  can  do  it  in  many  ways:     1. Shadow  a  friend  who  is  in  the  same  role  for  a  few  days  and  go  through  exactly  what  they  go   through   2. Take  a  1-­‐2  months  break  (if  your  company  allows  you)  and  take  a  job  in  the  role  you  want.     3.  Take  a  part-­‐time  job  for  1-­‐2  months     Of  course,  #4  is  the  least  desirable  and  scary  situation,  and  the  chance  for  that  happening  should  be   made  as  close  to  0  as  possible  through  careful  management  of  this  transition.  Motivation  analysis  and   Domain  Research  are  intended  to  help  in  this.      
  • 4. ©  2016  Career  Bloom  http://careerbloom.in     Page  3             Prepare  well   When  you  have  done  all  the  3  steps  above  well,  and  are  still  on  track  to  do  the  change,  make  sure  you   do  the  following  well  to  prepare  for  this:     1. Resume  –  Make  sure  your  resume  is  written  in  a  way  that  appeals  to  real  estate  folks.  To  do  this,   create  a  domain  independent  resume  and  get  it  reviewed  from  someone  who  is  in  Real  Estate   2. Interview  preparation  –  Your  word  choice  and  project  descriptions  become  surprisingly  domain   dependent  after  you  have  spent  a  few  years  in  a  domain.  You  need  to  prepare  well  through   mock  interviews  and  writing  what  you  want  to  speak,  and  change  your  language  to  be  more   domain  independent,  or  still  better,  real  estate  focused  (if  you  have  done  your  research  well,  it   should  be  easy  to  do  so).     3. Network  –  Most  good  jobs  will  be  obtained  through  your  network,  so  invest  in  networking.   Attend  events  and  conferences  for  real  estate,  find  mutual  friends  who  work  in  these  domains,   find  someone  who  has  done  transition  into  real  estate  from  another  domain,  etc.