Career Critically Analyze the Challenges Faced by Graduates in a Volatile Global Economy Assignment

Career Critically Analyze the Challenges Faced by Graduates in a Volatile Global Economy Assignment Words: 1144

Within the context of the boundaryless career critically analyze the challenges faced by graduates in a volatile global economy Introduction For most students, university graduation is a cause for joy, which is accompanied by a strong sense of self-fulfillment as a result of successfully finishing the last stages of the educational cycle. But the euphoria that accompanies these moments begins to lose their intensity, and make way for a new feeling that a increasingly number of recent graduates face: doubt.

This doubt arises from the fear we feel whenever a change occurs in our life and in this instance it is about changing their social status. Main body New graduates are forced to face difficult situations to make the next step in their professional life. Orientation activities aim at professional developing and to equip students with knowledge and skills necessary to achieve an efficient management of their careers. This is absolutely necessary in the context of a flexible labor markets and largely unpredictable, that is continuously changing both its external and internal (changes in requirements imposed by various professions) configuration.

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Job requirements are constantly evolving: • increase of the complexity of the tasks to be performed; • increase of the number and complexity of knowledge, skills and abilities to be exercised in the work place; • increase of the pressure on individuals to take a series of individual decisions; • emphasizes the role of effective communication skills; • more and more initiative, motivation and flexibility is needed in work performance tasks. In these conditions, a strict guideline, unidirectional, based on a static model, an overlap of personal characteristics with the occupational characteristics of a field is no longer valid.

As Savickas stated, orientation activities aim to educate young people to obtain independence and flexibility in five areas of competence: • knowledge of himself; • occupational information; • making the decision; • planning; • problem solving. These skills allow the control over their own development and ensure flexibility in career management. Vocational orientation is an important component of human resource management, along with other complementary activities, such as selection, recruitment, evaluation or training.

UK experience is conclusive in this respect. Since 1995, the Department of Education joined the Department of Employment, in order to link educational programs with labor market requirements and to facilitate transition from school to active life. Lately, the labor market has closed its doors to those with no experience, with the excuse of financial crisis. The fact that the market has now slowed its growth rhythm, results in a small rate of absorption of young graduates.

This led to a big change when talking about young graduates approaching the labor market. HR specialists are stating that the market is still ready to absorb new graduates, with the condition that they drop the salary expectations and demonstrate that hey have the basic knowledge necessary for the position. Many young people choose their jobs based on financial incentive and have no concept of “fidelity” applicable to those employers who invest time and logistics in order to form the very young ones and to specialize them in a particular field.

Also, many young people believe that their graduate diploma is enough to occupy a management position, even without practical experience and disagree with employers who require a certain number of years of experience for certain functions. On the other hand, some employers show a certain reluctance to recruit young people, just because of lack of experience and are not taking into account the fact that young people are flexible, ambitious, and innovative and have new ideas that can help a company. Nowadays, young people often encounter obstacles after graduation and when making important decisions for their careers.

I consider that most people finish college, get a degree but have no idea how to plan their career further. In this volatile global economy that is unpredictable, you do not know what can happen and that is why young graduates should plan a solid boundaryless career, which may be useful in the future. Establishing plans for the future is a difficult task in our society. The process of self-knowledge can reveal successful alternatives; can expand your palette of options. This is the way you can be confident that you are on track.

A personal inventory can highlight your own skills, interests and attitudes and can define the “strong” points, but also the weak ones. Most people try to adapt to each any every job and that is why firms have to choose from several really good candidates. A person will be genuinely appreciated for a job showing that he knows who he is, what he can offer, and in what direction is going. Sometimes it is difficult to identify vulnerability. No one is equally good at everything but each individual can always compete with himself, aiming develop their career. Conclusion

Organization and active management of career will help to use the experience owned in the most effectively way. The goals that a person proposes for him in his career will bring a high level of satisfaction and will improve motivation and performance. The satisfaction that is put into work is mainly in the hands of each individual. Of course, a career plan must have a certain degree of flexibility. Should be based on strict planning and clear guidelines, but at the same time should not be rejected the idea of ?? chance or opportunity. Bibliography: – Michael B. Arthur, Denise M.

Rousseau (1996). The boundaryless career: a new employment principle for a new organizational era. oxford: Oxford University press. 3,23,58. – Benjamin Toric (2007). ‘Boundaryless’ Career – Implications for Individual and Organisational Learning. n/a: Auflage. 3-9. – Atkinson, J. , Court, T. (1998). „Temps catch-up with permanent workers”, in Industrial Relations Services Employment Review, no. 680, London IRS – Carnoy, M. , Castells, M. , Benner, C. (1997). „Labor markets and employment practices in the age of flexibility: a case study of Silicon Valley”, International Labor Review, nr. 36 (1) – Marler, J. H. , Barringer, M. W. , Milkovich, G. T. (2002). „Boundaryless and traditional contin-gent employees: worlds apart”, Journal of Organizational Behavior, nr. 23 – Whitehead, M. (1999). „Students get a taste of working life”, People Management, 28 January, 14 – Sparrow, P. R. (2000). „The new employment contract, R. Burke si C. L. Cooper (eds. ), The organization in crisis, Basil Blackwell, London – Robinson, P. (2000). Insecurity and the flexible workforce: measuring the ill-defined, Heery and Salomon (eds. – Edwin Miller ; Guenter Stahl and Rosalie Tung. (2001). Towards the Boundaryless Career: A Closer Look at the Expatriate Career Concept and the Perceived Implications of an International Assignment. Available: http://www. insead. edu/facultyresearch/research/details_papers. cfm? id=9274. Last accessed 25/10/2011. – Gunter k. Stahl, Edwin L Miller, Rosalie L. Tung. (2002). Towards the boundaryless career: a closer look at the expatriate career concept and the perceived implications of an implication assignment. Journal of world business. 37 (2), 216-227.

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Career Critically Analyze the Challenges Faced by Graduates in a Volatile Global Economy Assignment. (2020, Apr 20). Retrieved April 26, 2024, from https://anyassignment.com/samples/career-critically-analyze-the-challenges-faced-by-graduates-in-a-volatile-global-economy-5286/