Close site search

Simply start typing to search Changeboard and then press enter

Change of path: senior decision makers considering new careers

Posted on from Changeboard

Restless senior leaders are thinking of changing lanes and pursuing a new career. Do you want to find success on your own terms?

Nearly a third of senior decision makers are likely to consider a change of career in the next five years.

In a survey conducted by McDonald’s UK, it was revealed that 29% of senior leaders could mull over a new role, with 43% of managing directors thinking about a second career. A quarter of senior company executives over the age of 40 are likely to want to follow a new path.

Jason Clark, VP for McDonald’s Franchising said: “Unsurprisingly, at a time when certain macroeconomic trends are causing uncertainty in business, many senior executives are finding themselves wanting a change in direction – a second career.”

Frustration with company decisions was cited as the biggest factor in pursuing another career path, with half of respondents annoyed with frequent strategy changes. 

Unfulfilled personal ambitions (49%), lack of time with friends and family (40%) and job insecurity due to corporate reorganisations (34%) were also influential in leaders’ though processes.

53% of respondents stated they would consider a new role to better establish a better work-life balance. Respondents also stated they wanted to take more control of their working life (44%) and be in better position to maximise their skills and expertise (34%). 

Diana Norris, career coach at Career Balance commented: “"We are seeing a growing trend among senior executives who are keen to begin second careers and are seeking our advice - high achievers who don’t necessarily want more, just something different.

“Despite the uncertainty of heading down a different career path, high achievers want a chance to create success on their own terms, fulfil their entrepreneurial ambitions, and take control of their own future.”

 

Get content similar to this article

You can cancel email alerts at any time

Content by email

Thanks! You have been subscribed to receive emails about the following subjects.

Get more with Changeboard

Changeboard is a global HR jobs site, career advice resource and events platform to help HR and recruitment professionals find the perfect job to progress their careers. We're here to help you change the way you work.

Register now

Changeboard Magazine

Changeboard is read by more than 22,000 senior leaders in print and 85,000 online.

  • Get Changeboard Magazine
    online

  • Get Changeboard Magazine
    on mobile

  • Get Changeboard Magazine
    in print

Subscribe to Changeboard today for:

  • Engaging and relevant decision-support content
  • Exclusive interviews with CEOs & HR leaders
  • In-depth profiles, case studies & insights from progressive senior HR & resourcing practitioners
  • Stimulating career advice, delivered in bitesized chunks to help busy professionals advance their careers efficiently.
Get the Changeboard magazine
Get Changeboard Magazine
Loading

Job search saved

Your search has been successfully saved.

Register or log in to manage job alerts.