In part four of this What is Right series (here) I mapped out a five-step decision for thinking through big, and potentially life-altering, decisions. As I start this post I am reminded of a favorite quote, “In theory there is no difference between theory and practice, but in practice there is.” Since some may struggle a bit when attempting to apply principles to practical situations, I thought I’d provide an example of applying this decision process to a practical situation almost any reader of this blog will face one or more times during their professional career.
Scenario: I am a professional in transition and faced with crafting a strategy to search for income. How do I apply the What Is Right decision process to my search? I don’t pretend the suggestions below cover every situation, but they will help you get started.
1. Is there a reigning principle of natural law in play? How is my search target (the business I would start or join) aligned with natural laws? Said another way, does the product or service which is the outcome of my profession have redeeming social value? Does that product or service contribute to society’s overall health and/or wealth or at least not contribute to moral decay? Does my prospective employer or partner(s) have a reputation for honesty and fairness–are they worthy of my trust?
2. What prior commitment(s), if any, effect(s) my choice or a new job or career? Have I made commitments to my family which should limit or constrain my professional alternatives? Would the job involve relocation, hours and/or travel which would preclude my follow through on existing commitments? Have I made previous financial commitments that require a certain level of income to fulfill? Have I made previous commitments in the community that should impact my decision?
3. What career path or job opportunity most aligns with my life purpose and goals? Is continuing down this professional path consistent with my life purpose or calling? Do I feel a passion for this type of work? Is my search target appropriate for my current season of life? Would this path or opportunity help me advance to or achieve certain long-term goals?
4. What Relationships could impact or be impacted by my choice? Whom do I know that could assist me in landing a desired professional opportunity? What people in my network have walked this same path and could provide me wisdom from their experience. Who is affected by my choice? What are their related desires or concerns? What people might move into or out of my circle of influence if I change companies or communities? How and where might my circle of influence expand or contract based on the professional alternatives in front of me? Whom might I teach or from whom might I learn along different professional paths?
5. What is Reality? Do external threats encourage or compel me to make a professional change? Should I change companies, functions, levels, industries, communities or careers? What are the odds for a successful transition if I change three or more of those at once? Do I have a distinctive and compelling professional story that aligns with the opportunity I’m pursuing (because the question is often not can I do the job, but will somebody hire me to do the job)? Do I have the talents and experience necessary to succeed? Is my prospective industry or employer growing, stable or declining? Turnaround specialists jump into sinking or floundering businesses all the time, but they both know what they’re getting into and how to get out of it. I may want to accept a position of lesser responsibility and compensation as a way of getting in the door, but what are the realistic odds of getting to my target compensation level in a timely manner? If I’m starting a business, do I have the financial reserves to carry my family and the business until the latter starts generating sufficient cash flow.
I’d be interested in hearing from readers your reactions to this decision-making model or ideas for other approaches you’ve found successful.