Browsed by
Tag: career management

Life after Scotiabank

Life after Scotiabank

So my rather short career at Scotiabank came to an abrupt halt. I had never been fired before, so I was in denial. How could this happen to me? How could they do this to me? The answer was simply that they didn’t like me. Yup, pretty simple. As I mentioned earlier, the plain and simple fact is that no one gets fired for being incompetent. They get fired if the boss doesn’t like them (also known as a management…

Read More Read More

Give your all for the firm – think about it

Give your all for the firm – think about it

When we manage our careers, this issue always comes up. Should we give our all for the firm? I am sure that there are different views out there on this question. Here is my take on this based on my experience. It depends on the circumstances. I remember working long hours, traveling even longer hours and still getting the boot. I often wondered what the magic formula was for some of my colleagues. They were pretty good at their work,…

Read More Read More

Career mismanagement – one more go around

Career mismanagement – one more go around

In my last post, I wrote that I had left Chemical Bank of Canada. My next step was to move over to a Canadian Chartered Bank. The move was arranged through a head hunter that used the demise of Chemical Bank in Canada as a source of “new product” for her clients. It was still boom time in financial services, so moving was still pretty easy. Keep in mind that I was still plowing the wrong field – derivatives, interest…

Read More Read More

Where am I at?

Where am I at?

It’s useful to step back and take these experiences and distil them into a series of learnings. What should I have learned from all this? There is a pattern of job-hopping here that is corrosive to a career. I must have changed jobs seven times in fifteen years. Think about that. That’s a new job every other year. It’s difficult to build a firm foundation anywhere with that kind of resume; I certainly knew how to find a new position….

Read More Read More

Career mismanagement – when you’re over 55

Career mismanagement – when you’re over 55

I have run into a number of individuals that lose their jobs over the age of 55. Sometimes they are cut-off before they can get the maximum pension from their employers. These are difficult situations even for the very skilled, as employers are reluctant to hire individuals over the age of 55 (sometimes even younger). Serious career mismanagement Let me give you an example of what I mean. I’m the most familiar with the issues that face professional accountants. The…

Read More Read More

Moving on to Citibank and more

Moving on to Citibank and more

I left public accounting and moved on to Citibank. What a change! When you have your CA designation and work at a public accounting firm, you pretty much a face in the crowd. A lot of professional accountants around! But in other organizations such as the banks, the whole thing changes. You’re a scarce resource. I started work and had to get used to a completely different environment, more like corporate finance rather than trading. Interest rate and cross-currency swaps…

Read More Read More

Career mismanagement – Coopers & Lybrand – screwed again

Career mismanagement – Coopers & Lybrand – screwed again

I packed my bags again and made a move over to Coopers & Lybrand. The firm in Toronto was a pretty dynamic place. The partners were far more independent at C&L then they were at Clarkson’s. Clarkson’s had a very corporate management style. C&L offered the partners more latitude to run their own practices. The staff members were more relaxed. It was a better place to work. Politics I had my first taste of politics at Coopers and it tasted…

Read More Read More

Moving right along

Moving right along

Having made the decision to join the tax group, there was more to come. Managing your career is important. Left on its own, you may end up spinning your wheels. I decided that I should move to another city once and for all. So the job search began once again. Take note that I seem to spend more time looking for jobs than I seem to have the job. This is a pattern that would continue on for the rest of…

Read More Read More