However, among these statistics, there are also some new opportunities emerging. They are arising as a result of the accelerated changes we are seeing in the way work is structured and done. If we are willing to think differently, to keep learning and to #choosetochallenge, then we may be able to find a silver lining…a chance to rewrite the next chapter of our career story.
There is no doubt that the pandemic has shifted consumer habits. Many people no longer queue for their daily Americano, but as this has declined, the demand for quality in-home coffee equipment has increased. In many parts of the world, gyms are no longer open, which has opened new markets for online fitness instructors, now able to offer their services globally instead of just locally. We’ve seen lots of other innovations, as top restaurants offer menus and ingredients for people to cook at home, and anyone can join online cookery courses from around the world. With these changing habits come new opportunities.
Women have a strong history of entrepreneurship and innovation, particularly in the service and social space. Women starting their own business often work solo (sometimes called ‘solopreneurs’) and typically avoid taking on debt, so start-up costs are often kept to a minimum. Many women entrepreneurs have found ways to pivot or shift their existing business to make it more relevant. Others have been able to open in new markets as time zones and geography become less relevant to how a service is delivered. There has also been a rise in subscription services, with everything from crafting to beauty packs available, and many of these are new offerings as women identify things they miss, things they’re passionate about, and use these as springboards to shape new business opportunities.
Do you have an idea for a business? Do you want to give something a go? You may want to fully embrace something new or you may want to have it as a ‘side hustle’ to see how it goes. Want some inspiring stories of businesses that have adapted or started? Here are some of my favourites:
A crisis has often been used by businesses, government and individuals as a trigger for reinvention or adaptation. As the saying goes, ‘never waste a good crisis’. Psychologically, a crisis is a powerful thing – it is a period of turmoil and upheaval when things we took for granted are challenged, when our assumption about normality is turned on its head. For some, this crisis is immediate.
Many women have been made redundant from the hospitality or leisure sector, as such they have needed to quickly reinvent their careers to keep their financial independence. Other women have experienced loss, illness or grief in new ways and have started asking questions about their purpose in life and what they really want to do. Consequently, there has been a significant increase in people applying for training in roles like nursing. Others have realised that they’re bored or unsatisfied in their job; they’ve got in a rut and no longer find it stimulating, they are desperate for change. I’ve also heard of women who have so enjoyed a new craft or hobby that they want to make a career from it – and also from some who have found home schooling so fulfilling that they have decided they want to change careers and move into education (and I’ve also heard lots of women saying they used to like the idea of being a teacher but now realise it’s not for them!).
Reinvention may be radical in nature – a complete change in career and direction. However, it could also be an ‘adaptation’, taking your existing skills and applying them to a new role, perhaps a sideways move, a change to a different function or secondment to a particular project. These changes can feel a bit scary, but they can also be stimulating and energising, helping us to re-engage with our work.
If you feel at a cross-roads and want (or need) to explore a ‘reinvention’ or an ‘adaptation’, then it’s worth getting some support. You may already know what you want to do differently, but for many people deciding what they want to do is one of the hardest things ever. If you’re looking for a smaller change, then talk to your manager or a recruiter in your local area; see what opportunities there might be. It’s also helpful to talk to people in your network – see what help, support and guidance they can offer.
For more radical changes, there is support and advice out there, from national career services to career coaches. One key piece of advice for potential reinventors is to ‘try before you buy’. You may dream of a different role, but you need to check out that any investment (in training, networking, securing a role, etc.) will pay off – that your reinvention is one that you will be happy with.
To harness these exciting career opportunities, we need to step back and think about ourselves. We need to think about our skills, experiences and motivations. We need to be willing to take some control, to shape our futures and to put ourselves in challenging, new situations. We need to invest in developing ourselves and upskilling. We need to build and use our network to support our career. In a word, we need to invest in our ‘employAgility’.
So, amidst the negativity about the impact of COVID-19 on women’s careers, I hope that I’ve given you some pause for thought. How do you feel about your work? What do you want from the next phase of your working life? If you’re already happy, then that’s fantastic! If things aren’t where you want them to be, then perhaps now is the right time to #choosetochallenge yourself on what you want from the next chapter of your working life.
Perhaps now is the time to reflect on your immense skills, knowledge and experience and to repackage them in a way that enables you to do work that you love. Perhaps now is an opportunity to take control and make the most of increased flexibility, changing consumer habits and the new horizons of reinvention. Perhaps you can create your own silver lining.
Maggi is an experienced consultant and coach with international experience across a wide range of sectors including professional services, financial services, retail and FMCG. She is a Chartered Occupational Psychologist and combines research and practice to develop practical solutions to drive business improvement.
Maggi has been a consultant for over 20 years, specialising in talent strategy and talent development. She has a reputation as an insightful consultant, helping clients to reduce the ‘noise’ around an issue so they can focus and act on key issues which will make a difference. Maggi is on a mission to help organisations, leaders and individuals to liberate talent. Her first book ‘From Talent Management to Talent Liberation’ has recently been published.
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