Nov 11, 2024

Upside Down Heirarchary

I work at a lender/bank/fund, and when i joined the team it was me, the group head, and a VP. Within 3 months they hired another SVP, and looks like the VP will be promoted to SVP shortly.  I work in sales/distribution for 4-5 verticals(1 of which I am VP level in) but took the role with a step down in title due to the WLB and pay was higher than other job. I can say the SVP has the same background but more senior and he is leading me on a product that he is learning at the same time. Kinda frustrating as the VP has had to train up the SVP, where I have had minimal guidance. I'm having a hard time trying to get promoted and meaningful work is not steered by way, I'm also not on most client calls, meetings or structing. my question is, I don't think this will change and I'm not learning. It feels like each person on my team silos their verticals, and doesn't want me to learn/do too much to take away what work they are doing.  I'm 10 years older than the VP and a few older than the SVP, this is my second career, but nobody knows how old I am, so I just play younger. I'm coming up on year 2, and need another year on my resume to make it not look like a short stint, but really getting bored with the work, and at my age/experience should be moving up a lot quicker.

Any help from people older than 30 would be helpful.

3 Comments
 

Based on the most helpful WSO content, here are some insights and advice for your situation:

  1. Assess Your Current Role and Future Prospects:

    • It seems like you're in a position where your growth is being stifled by the current team dynamics. If you feel that meaningful work and learning opportunities are not coming your way, it might be time to reassess your role and future prospects within the company.
  2. Consider the Market's Message:

    • As highlighted in the WSO threads, sometimes the market might be signaling that it's time to start implementing your own ideas rather than continuing to work under others. This could mean looking for opportunities where you can have more control and influence.
  3. Networking and Mentorship:

    • Seek out mentors within or outside your organization who can provide guidance and support. Networking with experienced professionals can open up new opportunities and provide valuable insights.
  4. Evaluate Your Career Goals:

    • Reflect on your long-term career goals and values. As mentioned in the WSO threads, it's important to determine what you value most in your career and life, and then align your actions accordingly.
  5. Plan Your Next Steps:

    • If you decide to stay for another year to avoid a short stint on your resume, use this time to build your skills, network, and prepare for your next move. Look for projects or tasks that can add value to your resume and demonstrate your capabilities.
  6. Consider a Career Change:

    • If the current environment is not conducive to your growth, it might be worth exploring other opportunities in different companies or even different industries where your skills and experience can be better utilized and appreciated.

Remember, it's important to take proactive steps to ensure your career growth and satisfaction. If the current situation is not meeting your expectations, planning and executing a strategic move can help you achieve your career goals.

Sources: Are you experienced? Thoughts on growing older, Are you experienced? Thoughts on growing older, Grad School and Age, Approaching 30 and lost, An old man looking for advice

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

Sounds as there’s either a structural/culture problem with people siloing away (not incentivized to collaborate), or they don’t trust/like you.  Either way, you are better off looking outside.  I’ve seen quite a share or people that were not well regarded internally move to another place and take a step up.  You create your own story.  Just don’t bring all this negative into your interviews.

2025 is looking like a good year for jump ship!  It will be a good vintage.  My theory is that if you change jobs in a hot hiring environment, you lock up a higher pay than if you recruit in a lower one (e.g. 2024).

 

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