In this modern era, the fourth industrial revolution is driving significant changes in the global labor market. The workforce supply exceeds the demand, increasing competition while making it challenging to enter the labor market. Although labor laws are trying to overcome unemployment concerns, it doesn’t seem to help much. But fortunately, emerging technologies are creating lucrative employment opportunities. Alongside unfolding ways to up-skill the labor force, it is opening doors to new career pathways.
Today, we have many new jobs and industries that didn’t exist a few years ago. From cybersecurity, data analytics to artificial intelligence – millennials have an opportunity to make smart career transitions. With technology taking up mundane tasks, people can direct their attention to more technical skills and acquire advanced degrees. After all, there is a never-ending demand for people with cutting-edge skills and superior expertise.
If you feel lost in the pool of career choices, let us help you out. Here we are unfolding some emerging career trends in different pathways.
1. Data Specialist
These days, almost every business is on the path to automation. Some are leveraging intelligence tools, while others are incorporating cloud servers to streamline operations. Thus, the demand for data scientists is rapidly increasing to analyze data. If you see yourself as a strategic information leader, consider pursuing an online MSIM degree to make a positive change. In addition to categorizing and labeling data, you will learn about social and ethical practices within IT. You will learn how to turn data into insightful information while considering the human impact of information management systems.
2. Information Architect
With changing business infrastructure, companies need people who have the knack for software and applications. An information architect studies the site concept, strategy, and target audience to improve functionality and user-interface design. Simultaneously, they translate user behavior and purchase patterns into visual graphs and workflow diagrams. All this information helps marketers and managers to make informed decisions and respond to the changing market landscape timely. As a result, companies stay one step ahead in the market, gaining an edge over competitors.
3. Web Computing Specialist
Are you into web and software development? If you have a broad knowledge of internet hardware and technologies, this could be the perfect career choice for you. A web computing specialist is responsible for developing, installing, and maintaining web applications. These experts communicate technical subjects to subordinates, explaining to them how software can elevate productivity levels. Likewise, they can design, program, and test web-based applications.
For instance, if an organization struggles to manage customer data, web specialists can develop and design customer relationship management (CRM) software. After all, they know how to integrate web applications into systems that can achieve business goals.
4. Privacy Officer
The increasing dependence on technology is increasing privacy concerns. The online servers are open to cyberattacks and hacking, resulting in the need for privacy officers. These people develop an organization’s privacy program, establishing new policies and procedures. They track down incidents of breaches and identify the underlying causes behind it. Similarly, they conduct periodic information assessment to mitigate risk and ensure the systems are up to date. Moreover, they provide compliance with federal and state laws to protect the company against legal problems.
5. Business Operations Manager
Nowadays, everyone prefers roles where they can make independent decisions and enjoy autonomy. So, how about you work as a business operations manager? These individuals oversee operations, marketing practices, and take initiatives to improve customer satisfaction. However, a bachelor’s degree won’t help you bag this job. Such roles require a higher level of expertise and knowledge. Therefore, opt for a Master of Business online to learn the ropes and get an in-depth understanding of profit maximization techniques and efficient business management practices. Managerial roles require candidates who are visionary, resourceful, and competent.
6. Finance Manager
Undoubtedly, a finance manager always has a critical role in organizations. With the emerging FinTech systems and increasing accounting obligations, the demand for professionals is on the rise. From daily reporting, analyzing targets, and preparing budgets – these managers can make a difference in success and failure in an organization. In addition to day-to-day operations, they make all strategic decisions regarding financing, asset purchase, and mortgages. They are also responsible for allocating funds between different departments.
Similarly, they also present the company’s performance in front of the investors, explaining prospects and current opportunities. Since finance managers possess specialist skills, they enjoy rewarding returns and excellent career growth opportunities.
7. Chief Technology Officer
In the 21st century, many companies enjoy an automated network. However, at times, employees cannot keep up with a tech-savvy work environment. Therefore, companies look for chief technology officers with sound knowledge about technological norms. These officers communicate and train employees to keep pace with technology. Likewise, they supervise every department to ensure the profitable usage of technology. Moreover, they discover and implement new software that can yield a competitive advantage.
Although the competition is intensifying, the evolving career trends are opening doors to many new opportunities. Apart from conventional jobs – human resource manager, accountants, people have a chance to explore different pathways. Emerging technology is increasing investments in information technology – IT departments, creating new career choices. From cybersecurity, information architect to FinTech – pick can choose a career that aligns with their interest.
Danis Woods in Businessman, investment banker and stock exchange traders. On the same time he loves writing financial blogs to shed lights on different aspects that new and existing businessman are not aware of.