Personal Ansoff Matrix

Gauging Risk in Your Career Decisions

Personal Ansoff Matrix - Gauging the Risks in Your Career Decisions

© iStockphoto

Before you take the plunge, take a moment to evaluate the risks.

Do you have a burning ambition to try something different?

It's not unusual, these days, to have more than one career. In fact, according to the U.S. Department of Labor, the average American has at least 11 jobs between the ages of 18 and 46.

Famously, Jerry Springer, Martha Stewart and Arnold Schwarzenegger all took a chance, and gave up successful careers to do something dramatically different – and struck gold! But, for every success story, there are many more who didn't quite make it.

So, before you take the plunge, it's a good idea to take a moment to investigate your options and their associated risks. This article explores a career-related use of the Ansoff Matrix, which helps you to assess those risks and take some of the guesswork out of planning your career.


Access the Full Article

This article is only available in full within the Mind Tools Club.

Learn More and Join Today

Already a Club member? Log in to finish this article.