Monday, 7 July 2014

The Private Sector: Missed Opportunity or Time in the Sun?

At the recent national conference of the CDAA, I presented on the opportunity and threats for career professionals working with the private sector.

The private sector is the ‘forgotten cousin’ of the career field caught between the size of the education market and the social imperative of working with those marginalised. Yet private sector career practitioners directly assist the largest at-need group: the ‘working wounded’.

It is here that the career field faces its greatest opportunity - and its greatest threat - as it struggles to maintain relevance in the face of a rapidly changing environment.

Whilst the Outplacement Industry in Australia right now is growing, with revenue at $130 m and figures up 2.5% on last year, it is critical for our industry to maintain our focus on continual learning, professional standards for our clients, and above all a willingness to reinvent ourselves to stay relevant and useful to our clients. Moreover, the world of work is rapidly changing and the career profession must continuously evolve to stay abreast of trends.

A brief summary of the key concepts in the presentation can be seen below.