If Someone Is Changing The Industry Of His Profile Then Does It Effect On His Career? - CiteHR
Archnahr
Consultant, Writer And Trainer
Emtize Technologies
Hr Recruiting , Hiring Software
Cite Contribution
Community Manager
+1 Other

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Dear All,
Please suggest.
If someone is working on a same role however would change the industry (let's say from Finance to IT or from IT to something else) then does it effect the profile.
Look forward to hear soon.
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Greetings,

A vertical change would bring in different result under different circumstances. Please find few as discussed below:
  • Incase a certification is done it would result positively. Such as if SAP certification is completed by an HR or Finance professional , this would increase the salary and create different job opportunities than what was available earlier.
  • If the vertical shift happens without any such add on, it may often impact the seniority as the talent may require to learn the professional working knowledge afresh.
  • Though at certain times , it may be other way round. Suppose you head a product division in your company and is a middle level manager. Suddenly transferred to manage a new center. There you may not have a product development team. hence be supported from the head quarters, but may have other responsibilities such as managing HR and other areas of management. This new centre may not hire anyone senior to you , which entails you head the location. Here it is almost a vertical switch with seemingly a higher post . It may not affect your career at all as you would gain more experience in other areas than product development. Hence when you return to the head quarters may handle more responsibilities hence have a greater role.
  • In case there is a business slow down and few employees from the cost center , working as a support role is transferred to the profit center. At this point the employees would required to be re-skilled . Hence may take time to excel in their roles and be on the designation provide earlier.
  • Industry-wise, its essential to manage different roles to evolve as a leader. This may affect the monetary benefit momentarily but would help in the long run.

Hope this answers your question. Please blog if you wish to know further.

Regards,
(Cite Contribution)

Hi Nitin,
Changing Industry is always beneficial, although it may bring some challenges such as in recruitment you have to be aware of the different job profiles as per the industry....for example...in IT Industry the kind of people you hire are different from what would be in Finance Industry...thats one of the challenges.
Similarly, the compensation package of people may be different from one industry to another....I'm not specifically talking about support functions like HR, ADMIN and FInance but other roles.
IN recent times it has been seen that if you have worked in various industries you will be given preference than the person who has an experience in just one or two industries.
Hope this answers your query...
Regards,
Archna
S
Hi (Cite Contribution) & Nitin
I'm MA in English, currently pursuing MBA with HR (Major) & Marketing (Minor). I have arround 3 yrs exp in Educational sector & 6 mths exp in Automobiles sector, both in HR Operations & Administration along with Back-office operations and PR. I'm very much interested in making a career in MNC Banking sector. I would like to know whether it is feasible or not. If yes then would like to know how to proceed. Pls guide accordingly.
Regards.
Bhaswati
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