In developing career goals we require two basic type of information i.e. knowledge about self and about career options that are compatible with our interest, values and skills. Professional acumen, financial obligation and physical requirements also play a major part in deciding career goals.
Being a manager in a public sector Bank, which has already a well-charted career, plans for recruiting manager. Therefore our career goals have already been decided. But the Bank has certain provisions for flexible career growth through internal examinations. So eyeing on those provisions I set my career goal as to reach into the core top management team so that I could be the part of strategic decision-making process. Changes in the Banking sector are very thick and fast. Adoption to information technology, geographical expansion of business, customer's requirement, new product and services make it a challenging job. Global exposure and implementation of strict financial norms put our jobs at stake. Technology has changed the complete picture of today's banking. New orientation towards customer's services, facilities of net banking, automation of day-to-day activities of the banks has changed the role of the manager which ultimately results into the change in career goals both short term as well as long term. To accommodate the changes in short term we have to reorient ourselves through short term training on soft and hard skills. For long-term perspective we have to take a comprehensive look of the technological changes, which may occur in future and analyze our future requirements and then equip ourselves with relevant knowledge and skills.
Setting clear cut career goals we have to follow certain well-defined path i.e. state the problems and objectives clearly and define goals, prepare temporary action plan containing every essential steps and get ready for several alternatives and choices. Finally develop a solid action plan to achieve that career goals. We have to be prepared to change the plan midway to suit any changes and setup midterm appraisals to check any deviation so that career goals could be achieved.
New technology is still continuing to impact on accounting and finance. E-business, web-based technologies expanded the boundaries. Companies irrespective of their sizes are adopting the latest technologies for its success. Therefore role of CPA is changing continuously. Accountants who wants to catch the latest technology may have find themselves auditing information system, consulting business owners or even be a part of the system software development team.
Today's accountants not only understand complex tax laws, accounting principals, business laws and information technologies, they have to know how to apply that knowledge in a business environment that is growing and changing rapidly.
< http:// www.cnn.com/2005/US/Careers/ 01/04/career.resolutions/index.html > accessed on 06-06-06.