922: How to Reinvent Yourself and Your Career with Herminia Ibarra
Dec 11, 2023
35:37
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Herminia Ibarra, a Professor of Organisational Behaviour, shares counter-intuitive perspectives on successful career transitions. She discusses crafting 'identity experiments', figuring out the next best option, and building networks. She emphasizes the power of exploring new paths and reaching out to strangers for advice. Herminia also explores the concept of reinventing oneself and the importance of experimenting, learning, iterating, and networking to discover new opportunities.
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Quick takeaways
Craft and execute identity experiments to explore different career options and gain clarity on preferences.
Figure out your next best option by assessing attractiveness and feasibility, and actively explore different possibilities.
Deep dives
Crafting and Executing Identity Experiments
One key idea discussed in the podcast episode is the importance of crafting and executing identity experiments when considering a career transition. The speaker emphasizes the need to explore different possibilities and get a taste of various options. They share a story about a person who took a sabbatical to explore their love for scuba diving as a potential career path. Through the sabbatical experience, the person realized that scuba diving as a profession might not be as enjoyable or financially viable as they initially thought. However, they were glad to have explored it fully, ultimately crossing it off their list of potential career paths.
Figuring Out the Next Best Option
Another key point discussed in the podcast is how to figure out one's next best option when considering a career transition. The speaker suggests asking two important questions: Is the option attractive, and is it feasible in terms of making a living? They highlight the importance of exploring different options, taking courses, volunteering, or starting a side business to get a clearer understanding of what one finds appealing and viable. The speaker shares examples of various experiments individuals can undertake, such as becoming an executive coach or joining boards of directors, to gain exposure and insights into different career paths.
Building a Network for Career Transition
The podcast also emphasizes the significance of reaching out and building a network when considering a career transition. The speaker encourages listeners to start networking early and not to hesitate due to initial confusion or lack of clarity about their desired career path. Networking with both close contacts and weak ties, such as former colleagues, acquaintances, and strangers, can yield valuable connections, insights, and leads. Engaging in informational interviews, attending events, and leveraging platforms like LinkedIn are suggested ways to expand networks and gain diverse perspectives.
Exploring Possibilities and Avoiding Fixation
The podcast highlights the need to explore different possibilities and avoid fixating on a single idea when considering a career transition. The speaker notes that many people know what they don't want in their current job, but struggle to identify what they want instead. They emphasize the importance of brainstorming a wide range of possibilities, from conventional to unconventional options. By actively exploring these possibilities through various experiments and encounters, individuals can gain exposure to different sectors, roles, and opportunities. This exploration process helps refine desires, discover new interests, and find better alignment between personal preferences and potential career paths.
Herminia Ibarra is the Charles Handy Professor of Organisational Behaviour at London Business School. Prior to joining LBS, she served on the INSEAD and Harvard Business School faculties.
An authority on leadership and career development, Thinkers 50 ranks Herminia among the top management thinkers in the world. She is a member of the World Economic Forum’s Expert Network, a judge for the Financial Times Business Book of the Year Award, a Fellow of the British Academy, and the 2018 recipient of the Academy of Management’s Scholar-Practitioner Award for her research’s contribution to management practice.
Herminia is the author of two bestselling books, Act Like a Leader, Think Like a Leader and Working Identity.
A native of Cuba, Herminia received her MA and PhD from Yale University, where she was a National Science Fellow.