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POWERED BY MOVABLE TYPE 3.2

February 28, 2005

Industry Market Research for Your Career

Source: More About the Growth of Service Industries

This is an interesting macro look at the services industry, which accounts for 80% of US jobs.

Just like a business thoroughly researches a market before entering, so to should individuals! If you simply follow what school has been training you for, you may be giving yourself knowledge that will be outsourced, become obselete with technology, or become irrelevant with industry changes.

From my experience, students make career decisions based on micro-experiences (anecdotal stories, summer internships, etc.) with very little macro knowledge. Having the following info on industries seems very important:

  1. History
  2. Rate of Growth
  3. Different Segments
  4. Key Players
  5. Rate of Change
  6. Size
  7. Culture
  8. etc.

Posted at February 28, 2005 03:50 PM
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