Create a five-year career plan consisting of the five componentslisted below. The phrases below each of the
Question:
Create a five-year career plan consisting of the five componentslisted below.
The phrases below each of the components are prompts toencourage your
thinking, not a recipe to follow.
a.- Concise statement of 5-year goals (fiveyears from graduation)
In five years I will be ...
b.- Education
Formal education: Degrees or certificates obtained,certificates.
Informal education: Attending seminars and conferences.
c.- Experience
Work opportunities, responsibilities.
Roles and titles.
One company (organization) or many.
d. Resources that you will need to achieve yourgoals. Not the resources you will
Obtain as a result of working toward your goals.
Money, time, institutional support Cost to family or othernon-career goals (moving, lowered income,
liquidating savings to support starting a new company,...)
e. Indicators of Achievement
Titles, positions of authority
Managerial roles: number of direct reports.
Technical roles: scope of projects completed.
Other metrics: value of sales, patents, papers published, awardsand citations
Obtaining professional license.
Make sure your goals are SMART: Specific, Measurable,Achievable, Realistic and Time - bound. You may want to developyour goal by applying the SMART criteria in this order: Measurable,Achievable, Realistic, Specific and Timely.
Format of Your Career Plan
Career plans can be presented in a variety of ways: there is nouniversal format. To avoid ambiguity for the class work, thissection gives guidance on how to structure your answer to thehomework assignment. The solution should consist of five shortsections that describe or discuss the five items (a through e)listed above. You could number these sections, or just useparagraphs for each item. The key is to address each of the fiveareas in the preceding list. Your career plan should fit on oneside of a sheet of paper.
Financial and Managerial Accounting
ISBN: 978-1133940593
10th edition
Authors: Belverd E. Needles, Marian Powers, Susan V. Crosson