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The Top 7 Traps When Moving from Business to Government
Peter Daly and Michael Watkins / Monster.com
Trap 5: Overlooking Nonmonetary Incentives
One of the starkest contrasts between business and government is the differences in incentives for motivating workers. “The biggest trap for successful individuals entering government, is not understanding the structured nature of pay in government,” notes one HR professional in the survey. “Pay raises can only be given based on certain criteria, at a certain time and within the confines of a merit system. This is often a shock to former private-sector employees.” In business, motivation often means sharing in the financial benefits of a successful business plan. In government, financial incentives can conflict with the concept of professionals who carry out policies to best serve the public, not for personal gain. Leaders, therefore, must rely on other tools – a compelling vision, a culture that values and recognizes success, the potential for development and advancement, and the reward of engaged teamwork – that are more difficult to design.
Trap 6: Overestimating Control Over Critical Resources
Acquiring resources in government is heavily regulated by Cabinet agencies and Congress, creating a competitive environment where agencies not only vie against each other but must engage the political process and gain the support of allies. Even when support is strong, acquiring quick infusions of people, facilities or technology is unlikely, given complex personnel and procurement rules. Most new government leaders must start off largely with the resources they inherited.
Trap 7: Expecting Government to Move as Fast as Business
New arrivals from business “believe they can make change happen quickly,” says another survey respondent. “When they find out that they cannot make that change as quickly as they’d like, discouragement sets in.” Government’s rhythms are different from the quarterly and annual reporting deadlines of business. So for new leaders, getting up to speed could take longer than six months, which is typical in business. Still, they are not insulated from the impatience of stakeholders and are likely to face pressures for early wins. Targets for such wins should be selected wisely, despite insistence from some quarters for rapid action, because when they are met, they increase credibility and build momentum for success with longer-term changes.
Success in avoiding these traps will position you to get off to a good start and build personal credibility. If you fall into one, however, it will set up a vicious cycle that will consume your precious time and energy; it could even contribute to derailment.
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over 1 year ago
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about 2 years ago
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this is really funny, they should buy of their own, but..... lolz... what to say. let them enjoy their life like a thunder bolt in a movies huh
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about 2 years ago
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Many semi government businesses that are moving to government don't find any further difficulties, but moving from business to government can find some difficulty so it is right to understand things before moving ahead with it.
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about 2 years ago
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over 2 years ago
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In government, finance is but one measurement to devising a strategy.If one even exists in government, is always trumped by political crises, public policy or constituent pressure. Success often entails tolerating financial conditions that would never be entertained in business.
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This is useful article especially for undergraduates and graduate student who don't know in which sector to go. Starting and looking for job after college is very critical and mostly student go for those sector which give them high pay but other things are also important and this post is very useful.
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almost 3 years ago
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Actually we can get rid of non-performing units (asets) through the current election process when the pain of retaining them is simply unbearable. Closest situation not exactly the same was "Paying homage to the Crown many years ago". So for the time being, it is our duty to bear on our backs what our collective wills do not find the intestinal fortutide necessary to change. Fannie Mae, Fredd Mac and the SEC are ripe for selloff in the far, far, far, distant geo-polictical future. My two cents. MISSISSIPPI2020