Career development is a lifelong commitment of professional and personal growth. We know that staying current and improving our skills in the competitive environment is important for having a long and fulfilling career, yet many of us still procrastinate on this important area. Take some time to reflect on your career and consider three career development areas:
1. Getting Certified
As someone who earned his CMA® (Certified Management Accountant) certification while working full time, I advise anyone interested in pursuing a certification to start now. The sooner you earn a professional certification the better. Studying for exams while working full-time is a challenge, but with disciplined time management, it can be done. The upside potential is certainly worth it. Having a prestigious certification signals to employers your competency and expertise in your field, so why wait? Procrastinating on something as important as earning a credential can be detrimental to your career.
Students can start their certification journey while still in school, too. Strategic Finance published an article in August that explains how students can complete the CMA and CPA exams within six months of graduating college.
2. Continuing Education
No matter what field you work in, you need continuing education to stay current on the job. If you hold a certification, like the CMA, you’re required to earn continuing professional education (CPE) credit each year, and you should always be thinking of ways to earn those credits. For example, make a schedule of courses or events you plan to attend throughout the year. This breakdown can show you how many credits you should earn, say, per month in order to reach your goal. IMA members have access to an online transcript that can help them keep track of their CPE. I encourage everyone to use this.
There are many ways you can earn CPE credit. IMA offers a wide variety of courses and webinars in our online store that are worth NASBA-approved CPE. For example, the IMA Ethics Series: Blinded by Pressure is our latest interactive course, which also fulfills the annual ethics CPE requirement for CMAs.
3. Planning For the Future
No matter where you are in your career, planning is essential for a bright future. Young professionals can outline a development plan for their skills and careers – where they want to be in five, 10, and 15 years. Mid-career professionals can develop a plan to get to the next level, whether it is to earn a certification or higher-education degree. And individuals looking to retire have an important job to do for succession planning.
To aid in this journey, IMA just launched a new career development tool called CareerDriver. The simple three-step process allows you to evaluate your skills, build an actionable development plan based on your “Areas for Development,” and explore new career paths. This is a valuable tool for anyone looking to take control of their career and take the guesswork out of career planning.
“A Goal Without a Plan Is Just a Wish”
Antoine de Saint-Exupery, a French writer during the early 20th Century, had the right idea. You can’t be successful in your career if you don’t plan for success. Planning CPE courses or exam study time throughout the year can help you set (and achieve) small goals. Waiting until the last minute to earn CPE credit or enroll in the CMA program can be stressful. So don’t wait until the last minute to start your career journey and get to where you want to be.
Written by Dennis Whitney, CMA, CFM, CAE
Follow me on twitter: @IMA_DWhitney