Imagine this scenario: You’re in the middle of your career, successful but feeling the itch for something more—perhaps a new industry, a different role, or even an entrepreneurial venture. You know it’s time for a pivot, but with this shift comes uncertainty. How will your current network react? Will they support your decision, or will they question your move? Now, think of someone you know who made a successful career change. What did they have in common? Likely, they had a robust network and the strategic buy-in of key stakeholders.
For many professionals, the fear of losing support or not gaining traction in a new career path or during a career pivot is real. However, this fear can be mitigated by understanding the critical role networking plays in securing strategic buy-in, which is essential for any career pivot.
The role of networking
Networking is often seen as a means to an end—finding a new job, meeting influential people, or expanding your professional circle. But it’s true value lies in its ability to provide a safety net for your career. Networking isn’t just about who you know; it’s about who knows you and believes in your vision. When you’re considering a career pivot, the relationships you’ve nurtured over time become invaluable assets. They can offer insights, provide introductions, and most importantly, lend credibility to your new direction.
A recent study by LinkedIn found that 85% of all jobs are filled through networking. This statistic underscores the importance of maintaining and expanding your network, especially when contemplating a career change. Additionally, research from Harvard Business Review reveals that employees with strong networks are more likely to receive promotions and higher pay, as they can tap into a broader array of opportunities and resources.
Your network is a living entity, and like any relationship, it requires nurturing. Regular check-ins, offering value, and being genuinely interested in others’ success can strengthen your network. Something very essential, long before you need to rely on it for a career move. When the time comes for a pivot, this foundation can make the difference between a smooth transition and a challenging one.
Gaining strategic buy-in for your career for a career pivot
Strategic buy-in is about more than just getting people to agree with your career move; it’s about getting them to actively support it. To do this, you must clearly communicate your reasons for the pivot, demonstrate how it aligns with current trends or market needs, and most importantly, show how it adds value to those around you.
According to a report by McKinsey & Company, companies that have a diverse and strategically aligned workforce are 35% more likely to outperform their competitors. This highlights the importance of aligning your career pivot with broader organizational goals, as it can not only gain you the support of key stakeholders but also position you as an asset to your organization.
Start by identifying key stakeholders—these could be mentors, industry leaders, or even your current colleagues—whose support could make or break your pivot. Approach these individuals with a well-thought-out plan. Articulate your vision, the rationale behind it, and the steps you intend to take to achieve it. Be prepared to answer tough questions and to show how your pivot aligns with broader goals, whether those are organizational objectives or emerging industry trends.
According to a report by McKinsey & Company, companies that have a diverse and strategically aligned workforce are 35% more likely to outperform their competitors. This highlights the importance of aligning your career pivot with broader organizational goals, as it can not only gain you the support of key stakeholders but also position you as an asset to your organization.
Demonstrating your commitment to the pivot is also crucial. Share the steps you’ve already taken, such as additional training, certifications, or relevant projects. This not only reinforces your seriousness but also reassures your network that you’re not jumping ship on a whim.
Leveraging your network
Once you have buy-in, it’s time to mobilize your network. Leverage connections for introductions to key players in your new field. Seek advice from those who have made similar transitions. Your network can also provide opportunities to showcase your new skills or knowledge through speaking engagements, articles, or collaborations.
A report by the Center for Creative Leadership found that 60% of senior leaders who successfully transitioned into new roles or careers attributed their success to the strength of their networks. This emphasizes the importance of not just having a network, but knowing how to leverage it effectively during times of transition.
Remember, networking is a two-way street. Offer value to your connections in return. Share insights from your previous experiences that could be beneficial to them. Introduce them to others in your network. The more you invest in your relationships, the more likely they are to support your career pivot.
Your professional network is your career safety net
Strategic networking and buy-in are not just nice-to-haves; they’re essential for anyone looking to successfully navigate a career pivot. By building strong relationships and securing the support of key stakeholders, you can create a career safety net that not only helps you land on your feet but also propels you forward.
BYP Career Fest and Leadership Conference
If you’re considering a career pivot or simply want to future-proof your career, don’t miss the upcoming sessions at the Career Fest and Leadership Conference in London in September. During the Festival, you’ll learn how to build and leverage connections effectively to support your career goals. Whether you’re looking to make a significant career shift or just want to strengthen your professional network, the event will provide you with actionable strategies to ensure your future success. Don’t miss out on the opportunity to learn from industry leaders and expand your professional network.
You can get your ticket when you visit https://javelin.byp.network/event/careers-fest-and-leadership-conference-2024
