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Irregular News for 10.13.05
Los Angeles, CA -- If you had the chance, would you choose a different field where you could start your career over again?
More than half of the 1,700 global executives surveyed by Korn-Ferry International said they would.
Twenty-one percent said they would be highly likely to make a different choice and 30 percent said they'd be likely to do so.
Other responses included maybe, at 24 percent, unlikely, at 17 percent, and highly unlikely, at 8 percent.
In addition, 88 percent said they anticipate making a major career change before retirement.
Despite these answers, two-thirds said they have absolutely or somewhat reached the level of success they would have anticipated when they started their professional careers.
And another 62 percent would definitely recommend their profession to somebody just starting out.
"It is certainly encouraging that so many executives feel they have reached their career goals and would recommend their professions to others," said Gary C. Hourihan, president of global leadership development for Korn/Ferry International. "But at the same time, these findings do reinforce certain assumptions about today's executives, specifically, decreased tenure, less employer loyalty and more mobility than previous generations."
The survey also looked at the careers the executives dreamed about as children.
About 18 percent said they wanted to be business executives when they grew up.
About 15 percent said they dreamed about becoming athletes, and another 11 percent said they wanted to become astronauts.
The executives were also asked how closely their career was related to their college degree.
Nearly half, 46 percent, of respondents answered "very closely related," with 39 percent answering "somewhat related" and 15 percent answering "not at all related."
Finally, 84 percent of the executives surveyed said that "street smarts" were more important in business than an advanced degree.
Full Story
Los Angeles, CA -- If you had the chance, would you choose a different field where you could start your career over again?
More than half of the 1,700 global executives surveyed by Korn-Ferry International said they would.
Twenty-one percent said they would be highly likely to make a different choice and 30 percent said they'd be likely to do so.
Other responses included maybe, at 24 percent, unlikely, at 17 percent, and highly unlikely, at 8 percent.
In addition, 88 percent said they anticipate making a major career change before retirement.
Despite these answers, two-thirds said they have absolutely or somewhat reached the level of success they would have anticipated when they started their professional careers.
And another 62 percent would definitely recommend their profession to somebody just starting out.
"It is certainly encouraging that so many executives feel they have reached their career goals and would recommend their professions to others," said Gary C. Hourihan, president of global leadership development for Korn/Ferry International. "But at the same time, these findings do reinforce certain assumptions about today's executives, specifically, decreased tenure, less employer loyalty and more mobility than previous generations."
The survey also looked at the careers the executives dreamed about as children.
About 18 percent said they wanted to be business executives when they grew up.
About 15 percent said they dreamed about becoming athletes, and another 11 percent said they wanted to become astronauts.
The executives were also asked how closely their career was related to their college degree.
Nearly half, 46 percent, of respondents answered "very closely related," with 39 percent answering "somewhat related" and 15 percent answering "not at all related."
Finally, 84 percent of the executives surveyed said that "street smarts" were more important in business than an advanced degree.
Full Story