Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Co-Op and Next among firms launching workplace savings scheme to boost workers’ emergency fund

      Profit at Next rise 13.8 per cent in the first six months of the year

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Children as young as 14 are being targeted by unregulated gambling firms on social media

      Unfortunately, without additional context from the article or details about what the image depicts, it is challenging to g...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Old Pulteney releases 50-year-old whisky for 200th anniversary

      Old Pulteney 50-Year-Old single malt Scotch whisky bottle with elegant packaging on display, highlighting luxury and craft...

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Thursday 11 September 2014 8:13 pm  |  Updated:  Friday 07 June 2019 6:57 am

The new rules of career planning: Embrace chance

By: Liam Ward-Proud

Add as a preferred source on Google

Even our best laid schemes have the nasty habit of going awry

WHERE would you like to be in a decade’s time? It seems a natural question. Surely the captains of industry didn’t get to where they are today without the requisite amount of career planning and strategic networking?

This may have been the case in the past, when a job meant learning a trade and working your way up through a single industry, and it’s still the case in specialist fields like science and medicine. But a number of business school professors and economists argue that, for large swathes of the economy, things have changed. Len Schlesinger of Harvard, and innovation experts Charlie Kiefer and Paul B. Brown, think linear career plans (I’ll graduate, work in company X for five years, do an MBA and then re-join as a partner, for example) are counterproductive.

“The world is not this predictable. And it is in settings of high uncertainty where traditional career planning is a waste of time and potentially dangerous,” they argue in the Harvard Business Review. It’s said that the average person now has seven careers in a lifetime, although the provenance of this statistic is dubious. Rather than plotting every detail of a successful vocation, people increasingly have greatness thrust upon them. So what’s to be done?

PLANNING WITHOUT PLANNING
Linear career planning assumes that the labour market will perpetually comply with your ambitions, which can be problematic. How many physics PhDs foresaw a career on Wall Street in the 1980s? As an alternative, Harvard Business School professor Clay Christensen thinks that an “emergent” plan may be better.

Emergent planning takes an iterative approach. Victor Cheng, a consultant and career coach, explains in a blog post: “You take your best guess at what you think is the right strategic approach, and then you try it (preferably cheaply and quickly) and see what happens.”

It’s a far more organic idea, one that sees every stage of your career as a mini experiment, rather than a necessary stage on the way to some pre-determined destination. Typically, opportunities will present themselves (“emerge”) in the course of these job experiments, and you won’t be tied down to a concrete plan.

If this all sounds a bit abstract, Schlesinger, Kiefer and Brown have some tips on what it might mean in practice. First, think about what matters to you, and how this translates into a profession. “Is it working in a specific industry? Managing people or not? The answers will point you in productive directions.” Next, try things out. Perhaps you don’t need to change jobs, and there’s a way of learning a new skill or taking on responsibility within your present role.

If not, Cheng points out that university alumni organisations are a good way to get an idea of what other jobs are like day-to-day before you make any radical changes. And keeping a savings account with three to six months’ salary can tide you over between opportunities.

“It’s not career planning. It’s acting your way into a future you want,” Schlesinger, Kiefer and Brown say. Admittedly, the high level of uncertainty may be difficult to deal with for some. But what’s the alternative? If you’re currently working towards some Platonic ideal of a role, they point out, you might find that it simply doesn’t exist in 10 years.

Never lose a number again
Easy Backup
Free

You never know who you might need to call on when using an “emergent” career strategy, so your contact book could turn out to be an indispensable resource. Easy Backup allows you to, well, easily back-up and consolidate your contacts’ details across different phones, accounts and other platforms. With the tap of a button, data will be stored in the cloud, and contacts can be moved easily between different email servers. It even finds and merges duplicate contacts.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • CityAM Content

Related Topics

Trending Articles

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • London Tech Week sums up everything wrong with UK tech

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

More from CityAM

  • The ROI of an MBA: Why mid-career professionals are choosing the Executive MBA in 2026

    Partner
    Bayes Business School building in CityAM news article header with modern architecture and bustling city backdrop
  • SCC UK boss: I’ve returned to London after 10 years. Locals forget how good they have it

    Opinion
    Russell Brown speaking at SCC UK event in London, addressing business leaders on current industry trends and strategies.
  • AS Graanul Invest Appoints Energy Industry Veteran Lars Christian Bacher as Chief Executive Officer

    Business Wire
  • Older women at risk of running out of money as gender wealth gap widens with age

    Personal Finance
    In 2022, rolling Tube strikes led to massive queues for crowded buses. (Photo by Chris J Ratcliffe/Getty Images)
  • Impossible Metals Appoints Granger Whitelaw CEO to Build the World’s First Scalable Ocean Intelligence System

    Business Wire
  • Tech Mahindra president: UK needs less hesitation, more conviction

    Opinion
    Harshul Asnani from Tech Mahindra discusses company strategy and innovation in a business meeting setting
  • Acres Engineering boosts UK industry with prestigious King’s Award win

    Partner
    Acres logo with sleek design on a business news website, representing innovation and growth in the industry.
  • Labour has not delivered on planning reform, manufacturers say

    Industrials
    Rachel Reeves at construction site, inspecting housebuilding progress, highlighting Labours commitment to housing developm...
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
Copyright 2026 CityAM Limited