Jump to content
  • Chris Freeman
    Chris Freeman

    Sign in to follow this  

    My recommended resources for your career success

    Your career goal will be guiding your decisions and approach to get there, but it won’t really tell you how to go about achieving the success you are looking for. I’m often asked for recommendations on what books to read or business titles to subscribe to so here is an eclectic selection of reading matter to add to your list. Please do feel free to add any further titles you’ve found useful in the comments section too. Over the course of your career no doubt you will need to master public speaking and receive mentoring or become a mentor so there are some tips here for these as well.

     

    Books to read

    There are lots of management/self-help books, ‘Passing time in the Loo’ (yes really is a book) sums up a number of them), they don't give a quick fix, but reading a steady stream, enables you to look at things in a different light, builds up your arsenal to cope with what life throws at you and more importantly gives strategies to build your capability.

     

    If you only ready one of these read “Who moved my cheese” (watch the video, read the book and find the meaning). It pretty much sums up life's (professional) struggles and the 2 different ways that people and rats approach them.

     

    Other books I would recommend are:

     

    The Robert Greene Collection, if nothing else there are some great stories in both these books

     

      

    The main point is that as you read through these you will start to see where some of these strategies have been played out at work or in life in general. Also, the last section in each chapter gives an example of how the strategy failed and why.

     

    Paul Arden is a famous advertising executive, both his books

     

    Are easy reads, page per subject but really gets you thinking about the art of the possible.

     

    Malcom Gladwell, any of his books (Outliers) are a must. The main point is that they show how effort pays off in pursuit of success.

     

    Harvard Business Review (HBR), well worth subscribing to. Gives a good insight into business strategy and very topical. Good reference resource for projects and developments, but also to drop into conversations.

     

    HBR also do a good line in management books.

     

    There are obviously lots of other books out there, so try some others as well.

     

    Public Speaking

    The power and impact of being able to get up and speak in front of an audience should not be underestimated. There are lots of courses you can go on, but all are costly. I would recommend Toastmasters, as not overly expensive and it has clubs all over the world that you can drop into as a guest. I recommend starting out with a local group as then you get experience of talking about subjects other than work. They will teach you about ‘ums’ and ‘errs’, holding an audience and speaking without thinking. Also volunteer if there is ever an opportunity to do any form of public speaking, the more you do the better you will get.

     

    Mentoring

    The AlgoMe Community provides you with the opportunity to find a mentor to support you in the decision making in your career. A mentor can be for you the great resource for knowledge of the Investment Management industry but equally someone that through sharing of experience can give the guidance for the goals you need to set, the thing you will need to consider giving up, how you set your boundaries and deal with how others think. 

     

    If your mentor is someone from inside your company, (s)he could be a great support in making career progress happen and guide you through the internal potential pitfalls. 

     

    Lastly: Love, Life and happiness

    Love is what will drive you and support you and is more important than success or money. You only get one life, so make the most of it. That doesn’t mean to take the easy option, grab every opportunity/challenge that life throws at you. Enjoy the ride. You will succeed because of, rather than in spite of, what life throws at you.

     

    Happiness is a state of mind, not a goal.

    • Like 2


    Sign in to follow this  

    Share this  

    Member Feedback



    Recommended Comments

    Luuk Jacobs

    Posted

    Who moved my cheese has, since I know the book/story, always been a reminder to me to observe what is happening around me and indeed if my pile of cheese is reducing and if I need to go on the search for new and/or other cheese. It is a book that can be applied in many many an environment

    • Like 1

    Share this comment


    Link to comment
    Share on other sites
    Share this  

    Become a member to read more and join the discussion

    Members can read and contribute to discussions

    Join us

    Register now for free access.

    Create your account

    Sign in

    Already a member? Sign in here.

    Sign In Now

  • Our picks

    • With the decorations up, the last order date for Amazon nigh and most of us looking forward to at least a few days break, it’s always a good time to take stock of what’s been achieved over the last 12 months.
       
      For AlgoMe this has been another exciting year.
       
      January started in style with the launch of the AlgoMe Careers mobile app – giving professionals the opportunity to find their next career opportunity on the move.
       
      Then in July we released our Industry Pulse Report – a check on what the industry was thinking about key topics such as Brexit, Pay Gap Reporting, MiFiD II and GDPR. Unfortunately it seems that the uncertainty that the industry was feeling due to Brexit is unlikely to have receded in the intervening period, but it’s good to see progress starting to be made in other areas such as gender and diversity.
       
      In September we launched AlgoMe Community – a place for the Investment / Asset Management industry to come together, providing professionals with ways to grow their knowledge, profile and network. We’d like to say a big thank you to all of the members that have joined and contributed and look forward to continuing growth in 2019.
       
      In November AlgoMe joined the Investment Association, becoming a Fintech member and working closely with Velocity, the Association’s new Fintech accelerator. This is a really exciting initiative and we’re looking forward to doing more with Velocity in the near future.
       
      We also launched our Mentoring matching service in November – designed to help AlgoMe Community members connect with the best individuals within the community to help them to reach their career goals using a simple but intelligent process. If you haven’t already signed up to be a mentor or a mentee, please do spend 5 minutes now and tick off a New Year’s Resolution early.
       
      As we go into the end of the year, we have also launched our survey on Investment Management, Fintech and the future of careers. The impact of Fintech on the industry is going to accelerate rapidly in 2019, but what has been less well documented is the impact on individuals, their careers and the skills they’ll need to succeed in a more digitised environment. We really value the input of our community members, so please spend a couple of minutes filling out the survey and we’ll make sure you’re the first to hear the results early next year.
       
      From me and the AlgoMe team, I wish you all a very happy holiday season and look forward to another year of exciting announcements and change in 2019.
       
      Rob
       
        • Like
      • 0 replies
    • I have always struggled to see a fair reason why employers should be allowed to ask about a potential hire’s current remuneration, other than to give them an advantage in pay negotiations.
      It’s something which can only exacerbate existing pay inequalities and  it’s abolishment can surely only be a positive thing.
      Here the Guardian argues specifically about its impact with regards to the gender pay gap:
      https://www.theguardian.com/commentisfree/2018/aug/23/gender-pay-gap-current-salary-question
      I believe this has already been outlawed in some US states?
      @Jonathan Max - would be interesting to hear the view from HR. 
      • 10 replies
    • The Investment Association recently gave the industry a boost when it announced the launch of Velocity, its FinTech accelerator.  Designed to identify, develop and accelerate best in class firms with innovative solutions, Velocity will champion and facilitate the wider adoption of technology across the industry.
       
      And AlgoMe will be involved in this too, which is why I’m excited to announce we are now a member organisation of the Investment Association as an official FinTech member and have been named a "company to watch" by Velocity.
       
      Challenging Times
      The Investment Management industry faces major challenges and opportunities from forces such as digital technology, pressure on fees and increased regulation, while at the same time there are widespread changes in the workforce and their expectations.
       
      To date, Investment Management has both been fairly insulated from the challenges posed by agile FinTech competitors, but also distant from the opportunities offered by the new technologies and ways of thinking that such companies bring.
       
      Bringing FinTech closer
      Velocity is a fantastic step towards accelerating the adoption of FinTech. It has received support and endorsements from both inside and outside the industry, including from the Chancellor of the Exchequer, Phillip Hammond, who was enthusiastic about the initiative at a recent City event.
       
      To drive change and innovation, the industry needs to connect across different disciplines and areas of expertise, driving new ways of thinking and fostering cultural change.
       
      Without the benefit of emerging FinTechs and their external expertise, it will be hard for incumbents to harness the benefits of emerging technologies such as Straight Through deal Processing (STP), Distributed Ledger Technology (DLT), and Artificial Intelligence (AI) in areas such as risk and compliance, securities trading and investment decision making.
       
      Our Mission
      AlgoMe's mission is to connect the Investment Management industry and empower professionals to manage their careers. Our new product, AlgoMe Community, is placed to become the hub for the discussion between FinTechs and the companies and professionals in the wider Investment Management ecosystem.
       
      Join AlgoMe Community today
       
      AlgoMe Community - community.algome.com
        • Like
      • 0 replies
  • Categories

  • Related Content

    • Julia Kirkland
      By Julia Kirkland
      Guest blog from Julia Kirkland, Senior Partner at FSTP
      If you don’t know already, which of course you do, the Markets in Financial Instruments Directive (MiFID) is EU legislation which first came into effect in 2007. It was created to regulate firms providing services to their clients which are linked to ‘financial instruments’, these being shares, bonds, units in collective investment schemes and derivatives. In addition, it covers the venues where those ‘financial instruments’ are traded.
       
      Fast forward 10 years or so and we have an updated version – MiFID II. This includes the revised MiFID and a new Markets in Financial Instruments Regulation (MiFIR). January 3, 2018 is the day MiFID II must be implemented across Europe.
       
      Now we’re on the cusp of this deadline, the thorny and sensitive topic of Knowledge and Competence (K&C) is bubbling up as a major concern across the industry.  We’ve spoken with numerous firms in both the Asset Management and Wealth Management sectors and they have one thing in common; they’re all grappling with the assessment of competence of information providers.
       
      Who is in scope? 
      In Asset Management, this may cover a wide range of roles from sales teams, client services, broker servicing staff to Portfolio Managers (the really sensitive aspect of K&C). Managers may struggle with the fact they must tell a Portfolio Manager of 20 years plus who hasn’t got a formal qualification, they need to be assessed as competent and in a very short timeframe too.
       
      In Wealth, the scope may cover desk assistants, team secretaries and portfolio assistants who may all be in direct contact with clients, giving them information about prices, valuations, charges and providing generic market or sector views. Additionally, research teams who might attend meetings with clients to provide market, sector or stock views on a non-advised basis may fall under this too. Most of the firms we are speaking to are including research teams. Most of the above staff members have never been included in formal K&C Schemes before but this has changed.
       
      What happens in 2018?
      As it stands, information providers not assessed by January 3 will need to be supervised in their activities and oversight of any client interaction must be in place. If you’re not prepared, January 2018 is fast approaching and maybe it’s time to look outside your company for third party support and assistance.
       
      Our guest blogger Julia Kirkland, is Senior Partner, FSTP
      FSTP is a training solution provider with expertise in MiFID II and the company also runs workshops to cover Wealth and Asset Management to meet the ESMA requirements and provides advanced K&C assessments for more seasoned, professional staff.
    • Jonathan Max
      By Jonathan Max
      Really interesting article from HRB on whether Men and Women needed different kinds of networks to succeed following a study on the networks of male and female MBAs suggests that males being successful in the workforce was largely dependent on being active in a social network where as women often also sough an 'inner circle' in addition to a broader network. 
       
      Would be great to hear what our MBS/MSc members think?
       
      Research: Men and Women Need Different Kinds of Networks to Succeed
      HBR.ORG Results from a study of MBAs.  
       
       
    • Andy Milner
      By Andy Milner
      According to Ignite Europes they are:
      Ability to engage Quantitative Technical knowledge Technical aptitude Adaptability Ability to think differently  
      http://www.igniteseurope.com/c/2192293/265393/most_demand_asset_management_skills
       
    • Eva Keogan
      By Eva Keogan
      Last week was our inaugural panel session for Cass Business School where we gathered some really interesting people together to talk about the future of work in our sector. 
       
      We have mainly grown online since we launched AlgoMe Community, so it was a great experience to extend into the real world and meet students who are at the beginning of their careers and others who are already well into them, and on a path to pushing themselves further. Attending were current MBA and MSc students and alumni of Cass, and we were delighted to see such a diverse and engaged audience. We hope most, if not all, of them are now actively participating in our community. If you’re registered as a mentor, you might start receiving a few more requests.
       

       
      The purpose of the evening was to talk about the Impacts of FinTech to careers in Investment Management and marry up the insights and views of the panel with our audience and also to get a feel for what the next generation of investment management professionals had set in their sights. 
       
      To do this, we shared some of the early findings from our FinTech, Investment Management and future careers Survey (we will be releasing this shortly and doing a follow up article in the community too). This allowed us to create a truly interactive debate as we put the same questions to our audience. They were then able to give feedback via the AlgoMe Community app in real-time (and thankfully it all worked beautifully without a glitch too).
       
      The key questions we wanted to hear the views of the audience and panel on were:

      -    Are career paths less well defined due to the changes happening in the industry?
      -    What skills will be the most important to develop careers in Investment Management?
      -    Will FinTech and Innovation be positive or negative for future careers?
      -    What are the most important things to do to be successful?
       

       
      There was a general feeling both Investment and Asset Management are ripe for disruption and there as an opportunity and threat of this coming from the outside due to the slow adoption of new technologies by the industry. This led into a discussion about technology skills and a skills gap. There was consensus among the panel about career paths not being too rigid, applying skillsets to new challenges can be a highly successful strategy and also advice to 'follow the good people'. 
       
      Then panel consisted of Rob Carter (CEO, AlgoMe),  Ruben Lara, Chief Data Office, Standard Life Aberdeen, and Olivia Vinden, FinTech and Innovation Practice lead at Alpha FMC. Both Ruben and Olivia are members of the Advisory Panel for Velocity, the FinTech accelerator of the Investment Association, so their excellent insight into the way that FinTech is reshaping the Industry was extremely useful, and of course credible.  Luuk Jacobs chaired the panel, he is co-founder of AlgoMe and AlgoMe Consulting. Each panellist was able to share their unique views of the industry and Fintech and offer career tips too. We’ve had some excellent feedback from the audience about this as well.
       
      We are looking forward to an ongoing programme of panels and events over the coming months. If you would like to hold something similar with us at your place of work, we are happy to develop this with you as a breakfast, lunch session or evening event – please get in touch with any of the AlgoMe Community team for more info.
       

    • Chris Freeman
      By Chris Freeman
      A guide to planning decisions to help you achieve success
      We are still relatively early on in the New Year so change and improvement is likely to be on your agenda. While fitness and diet are probably the first to pick up on our radars, work and careers are not far behind and many of us will be taking stock and giving our life at work a bit of an overhaul too. 
       
      Being successful is part and parcel of ambition. However, there is no magic pill that will make you successful in your career. Only you can make yourself successful and whatever it means to you is the key. You are the one that sets the bar and puts in the effort and reaps the rewards.
       
      As you will be making throughout your career the decisions to create your road to success, what should you be looking at? Here are six questions to pose to yourself which may require some soul searching but are incredibly useful tools too. 
       
      1 First and foremost, what does success mean to you?
      You can’t be successful if you haven’t got a goal, so how would you describe this for yourself?
      Is it money, position, power, quality of life, work life balance, family, health, friendships, social life or something else or more likely a combination of these? If a combination of all the above, in what sort of ratio do each of these and others fit in? Define the measure of your level of success What level/seniority do you want to reach? Do you want to be top of the bottom (big fish, little pond), bottom of the top (small fish, big pond), or reach for the stars (big fish, big pond)?  
      2 Are you willing to give up/or to let go or do you want the cake and eat it all?
      The most likely truth of the matter is you can’t have it all, but I’m happy to be proved wrong on this one.
      If you want to go after a goal you have to be single minded about achieving it. This doesn’t mean you give up everything else, but you may need to move on from old/stale habits and beliefs. You need to give yourself a personal audit looking at;
      What’s stale? What’s are you willing to give up (even for a short period), this may even be something you enjoy doing, but can no longer justify the time/cost?  
      3 Where are your boundaries?
      This is possibly the most important area of all. As you progress you will unconsciously change, but proceed with caution here. You will want to be an improved version of your current self, not turn into someone you don’t want to be! You will therefore need to set some parameters about your values and ethics. 
      What are the red lines you will never cross? What are your ethics? How will you treat others? How do you payback your good fortune?  
      4 What others think
      Some people will celebrate your success others will think you are a show off, getting too big for your boots/selling out.
      What will you do to take people with you on the journey? Who don’t you mind losing along the way?  
      5 Building support
      You will need a support network both at home and at work.
      Who will these people be? Do you share your goals with them? What is their payback for being on the team? How will you support them?  
      6 Failure
      You might not be successful immediately and don’t let yourself be put off by failing, learn from it and try again. If you don’t fail, you might not have tried hard enough.
         
Debug info for admin:
appcms
modulepages
controllerpage
topics/forum ID70
page ID
PHP user agentCCBot/2.0 (https://commoncrawl.org/faq/)
×

We use cookies to give you the best possible experience. If you continue, we’ll assume you are happy with this. For further information, see our Privacy Policy.