Not that one. Although he’s really cool.
- The act or power of anticipating that which will or may come to be.
- A clear idea about what should happen or what should be done in the interest of and in preparation for – the future.
Being the pragmatic leadership blog, let’s tie this to practical things. Obviously still part of the long running series of discussions that simultaneously talk about (1) the most critical aspect of our businesses and (2) my continuous drive to improve upon one of my waterloos. – How to teach someone to have Vision.
Most common problems rooted on perception: That they have lower than average compensation or that there is lack of career progression or that the job is too difficult.
You feel you’re not getting paid enough OR you feel you are not getting compensated correctly for the amount of work that you do… and a partridge in a pear tree.
So what do you do? You seek opportunities to advance or either get paid more OR get paid the same for lesser amount of work elsewhere – WRONG!
Everyone wants to be paid appropriately. Everyone wants to be successful in the work that they do. But taking the aforementioned route is shortsighted, the complete opposite of having vision. You need to consider not just the next few months, you need to consider the next few years in all the decisions you make.
The only real way to improve upon compensation challenges in the workplace is through Skill Development and Career Building.
- You shouldn’t rely on yearly performance appraisals. Even the best companies in the world won’t reach percentages significant enough to make an impact in your lifestyle.
- You shouldn’t do this via incentives or perks. These are variables, your lifestyle is constant. You can’t align a variable source of income into a constant source of need.
- You shouldn’t do this via making a “jump” into another pond. There are some who do this because this gives them anywhere between 20-50% more than what they use to get. Again, a shortsighted decision because unless you’re talking about a net 120% increase, it won’t be worth it.
Success in the workplace requires familiarity, an understanding of both the people and the culture, the ability to thrive and prosper in that culture, people fail to take into account when they make the move.
What you should do:
- You should find a Stable and Secure Company. A place you know is going to be around for the next decade. You don’t need to be a market expert to do this. It doesn’t take a genius to decide and figure it out; if given the choice, would you rather live in Malawi or Burundi vs. Singapore or Luxembourg. Not a difficult question to answer right (Ok I know Qatar is on top of the richest countries list but I like me my cold weather so)
- You should find a Great Mentor. Heck find as many as you can. This is the only true way you can attain sustained growth both in skill and career building. What benefits does having a great mentor bring? Read any of the past articles here or any leadership book for that matter.
- You should find a Great Community. I have been very fortunate throughout my career to be blessed with great peers, team mates, people with the same set of values and beliefs. Sure there will be some that we need to weed through, but having amazing people you get to work with needs investment of time. Not just a network of colleagues and resources from every department but a network of friends as well. Your ability to be successful is compounded by the people around you and you can’t do this without thinking of and investing in the future.
Notice how the two lists directly contradict each other? That’s not a coincidence nor an accident, it’s just common sense.
It’s the natural law of the universe. Evolution allows any species to adapt and be resilient from environments that used to be inhospitable to them. Diamonds take about 60-75 years to form under the most extreme volcanic pressures. Over time, muscles rebuild stronger than before after getting torn from lifting weights beyond your capability… I could go on and on but the premise is the same.
Always Think Long Term.
“Nothing in the world is worth having or worth doing unless it means effort, pain, difficulty… I have never in my life envied a human being who led an easy life. I have envied a great many people who led difficult lives and led them well. “
― Theodore Roosevelt