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Career mismanagement learnings

Career mismanagement learnings

Why bother! Why read this blog? What’s in it for you? There are a lot of blogs that discuss career management. The usual stuff that includes such topics as networking, developing your resume, writing skills, and many other related topics. Many provide extremely useful information. But it just doesn’t get you there, trust me. What exactly is career mismanagement? Well, it’s the decisions that individual makes in managing their own career which seems to take them in the wrong direction….

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Team players – the way it really works

Team players – the way it really works

You’ll hear the term “team player” used all the time. In financial institutions, the term team player is misused. There are no team players, there are only teams and players. When you hear the term used, say yes, of course. But when it comes down to doing it, forget it. My stint at the National Westminster Bank of Canada I have yet to go through my couple of years at NatWest Canada. That’s the subject matter of another post. But…

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Working for large organizations

Working for large organizations

Large organizations have their own personality. It’s almost like they are alive. The personality which shows through is generally the sum total of everyone working there. It can be nothing else. The tone is set from the top. There are no two ways about it. If the senior management tolerates a certain culture, it will go on. Working for large organizations – tough I had a few bosses that were, shall we say, a little hard to deal with. They…

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After First City Trust – more flip flops

After First City Trust – more flip flops

So my time at First City Trust came to an end. It was another classic misstep in managing my career. In order to get a job, I took on a task that was probably doomed to failure from the outset. It was a great idea, but difficult to execute. Taking a position without ensuring adequate support is always a recipe for disaster from a career perspective. Learnings were limited and yet again I would be forced to make a lateral…

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The true calling that wasn’t

The true calling that wasn’t

WHAT if you’re not happy in your job? Is it possible that you’re in the wrong career entirely? Many times we feel that we make a career choice and that we are locked in. Stuck. I had that situation occur to me. I hated my work, it wasn’t what I wanted to do and it wasn’t where I wanted to be. Wrong city, wrong job, wrong career. But the money was good and the market was hot for people during most…

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Career management – the McKinsey Way

Career management – the McKinsey Way

Having worked for major financial institutions such as Citibank, JP Morgan (via Chemical Bank) and AIG Trading I find this discussion around McKinsey Careers: Helping you to reach your potential interesting to watch: Now if you listen very carefully you have one of the participants speak to how the consultants getting together, get to know each other, get to be part of the McKinsey family. You’ll also hear a comment about how they, on an impromptu basis, were standing in the hall…

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New business inside old business

New business inside old business

There were a number of times in my career when I was asked to start a new business inside of an old business. Sometimes management believes that it can use existing resources to get a new line of business going. Another step in mismanaging my career. Here’s an example of a new business inside old business While I was working at the Bank of Nova Scotia, I was asked if I wanted to get involved in a new business line…

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Lessons learned – you need to go where the power is

Lessons learned – you need to go where the power is

Career mismanagement – another example During the course of my many jobs interviews, I contacted a bank called the First Interstate Bank of California. This was either in the late 1980s or early 1990s. It was a bank that for some reason established a subsidiary in Toronto to access the Canadian market. I’m not sure what their overall objective here was, but they were establishing a swap desk to leverage off their capabilities in the United States. Their head office…

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