When I graduated from university in 1996, my focus was on the material markers known as the 5Cs: career, cash, condo, car, and credit card, all of which seemed attainable through climbing the corporate ladder and achieving job promotions.
Job titles held a certain allure, signifying prestige, stability, and the promise of a comfortable lifestyle.The last decade has also witnessed rapid disruptions in industries and job landscapes, as average life expectancy increased to 83 years.
It is important for Singaporeans, especially youth, to understand the shifting landscape of success in the face of longevity, disruptions and a new way of work.In today’s world, where Gen Z, Gen Y and Gen X are projected to live longer , the career lifespan will be 40 to 50 years. Prioritising career sustainability means adapting to longevity by developing a diverse skill set capable of standing the test of time.
By aligning their careers with their purpose, professionals can find greater fulfilment and meaning throughout their extended working lives, allowing them to make a lasting impact and create a legacy that goes beyond mere job titles.In a world characterised by rapid technological advancements and market disruptions, the shelf life of skills is becoming shorter. It is no longer possible or even desirable to learn one set of skills and work your way up the ladder.
By focusing on skill development, today’s workforce will be less likely to associate their self-worth with job titles. This could be detrimental to a person’s well-being, especially in a world where disruptions and uncertainty are the new normal. The approach has nurtured the organisation’s innovative and entrepreneurial instincts while sweeping away hierarchy, bureaucracy, and more than 12,000 middle managers.
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