Each person approaches career advancement in a different way. However, a scientific study has shown that there are only five broad ways these approaches different.
Thus, in any organization, employees may choose one of five major ways in which which they look at getting ahead in their careers. This commonality of approach is equally true, regardless of what functions the person performances, what industry he or she belongs to, what domain he or she specializes in, and the level or position he or she is in.
In other words, a career person can choose one of five paths, or Panch Marg, to his / her career destination:
1. The first path, or Marg, involves acquiring greater depth of skills or knowledge in one's area of interest. In other words, the employee increases his or her subject matter expertise in the chosen field by studying some aspect of it in greater depth.
For instance, a stock market investor could attend training on 'futures' trading and add derivatives to his portfolio of investments.
Similarly, an actor might seek to add a dimension to his or her acting skills by joining a course in 'method acting' as propounded by the legendary Stanilavsky.
This mode of addition to your skills can take place, regardless of what industry you are in, or what your line of specialization.
A midpro is free to take this first path, within his / her current company, or outside it.
2. The second path implying scaling up one's area of influence or control. Thus an actor involved in local television programs may aim at appearances on national television to entertain a larger audience, and thenby increase his / her sphere of influence. Most often, people seek career moves within their current functions but across industries.
3. The third path involves tailoring one's skills to increase the context in which one uses them. A television actor who also aspires to act in films would choose to walk up this path. Thus the same acting skills are adapted to increase variety in their use.
4. Traversing the fourth path calls for expansion of skills beyond your existing area of specialization. For instance, think of an actor who trains to be a director, for a new role behind the camera, instead of in front of it. This path requires daring as it calls for developing cross-functional capabilities.
5. Taking the fifth path would mean abandoning your current career and doing something completely different. For instance, an actor may decide to give up acting and pursue a career in event management. This could arguably be the toughest path of all, as it calls for great courage of conviction, based as it is on one's 'inner calling'.
The five paths or 'Marg's correspond with adding depth, size, width, novelty and difference, respectively, to the skills a professional professional rings to bear.
The choice of path that a midpro takes to further his career is entirely up to the individual, and depends on his aims and …