So what is the key to success?
There is no magic formula to make someone an automatic success in the industry, but there are traits that all employers look for.
A common feature of successful people is a strong track record in their field coupled with a real desire to perform to the best of their ability. People who reach the top also tend to have the ability to operate as commercially-minded managers. This means that they appreciate the difference between good and bad business and can consistently deliver a profit.
What about people-handing skills?
Client-facing skills and an awareness of business development opportunities will always help personal progression. A modern and sympathetic management style is essential in today's industry – the most valuable asset of any firm is its staff and retention of personnel is a big issue.
Although there is a skills shortage and quality candidates are far from easy to locate, firms will not hire staff purely to fill vacancies and will leave a post vacant or restructure the business rather than compromise their standards.
There is no magic formula to make someone an automatic success, but there are traits that all employers look for
Do you need additional qualifications?
MBAs and postgraduate qualifications are increasingly in demand, as they demonstrate that a candidate has a wider interest in the industry than pure technical skills. Most large businesses are divided up into autonomous business units, meaning that the most successful staff must be capable of managing a business autonomously and should exhibit true entrepreneurial spirit.
What about personal skills?
While technical and professional ability is always important to a hiring company, the character and attitude of a potential employee is the most common reason that one candidate is hired in preference to another. Every client and every role requires a different person and set of skills, but there are many personal characteristics that firms consistently look for.
To be attractive to employers, candidates need to put themselves across as even-minded individuals who have confidence in their own abilities - but are not arrogant. Teamworking and people skills are very important, as is the ability to take criticism constructively. Successful people can appreciate their weaknesses as well as their strengths. And an ability to think holistically and appreciate all the factors that affect a business and its staff are expected.
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