In a world where hiring and career advancement aren’t just about salary anymore, you need to know exactly what you’re offering, and exactly what you’re getting. The barter system offers a way to understand how to make the right choice for your career.
When it comes to modern hiring, we’re not that far off from something resembling the old barter system. Admittedly, by definition, the barter system is not monetary in nature; it’s about the exchange of goods and services for other goods and services. But in a world where things like work-life balance, flexible scheduling, remote work opportunities, equity shares, and unlimited vacation are all part of the hiring bundle, it’s hard to make the claim that moden hiring is a strictly monetary transaction.
Understanding the hiring process through barter system thinking can be instructive for anyone who’s seeking a new role, a promotion, a raise, or a move to another team.
In June of this year, an article from human resource consulting firm Robert Half posed an intriguing question:
Why is commercial acumen so important for a finance career?
The article was published as Udacity was en route to launching our Artificial Intelligence for Trading Nanodegree program, so we were of course curious to explore the article’s insights. As it turns out, the lessons apply far more broadly than just the world of finance.
What is commercial acumen, and why is it important?
Possessing commercial acumen can be everything from a competitive differentiator during your job search, to the defining characteristic that nets you a promotion, earns you a raise, or places you on an innovative team.
But if it’s something so important to possess, what is it, and how does one develop it?
Yesterday, Udacity launched a new Data Scientist Nanodegree program for students with advanced programming and data analysis skills. It is the latest step in our mission to offer students multiple entry points to learn the in-demand data skills they need to enter the fast-growing world of data. The program joins our existing Data Foundations (for students new to data), Business Analyst (less technical, focused on analytics), and Data Analyst (more technically advanced) Nanodegree programs.
Graduates of our data science programs land exciting roles all the time. Today, we wanted to share the story of one of these amazing people: Arati Vaze. Arati is a graduate of the Data Analyst Nanodegree program. She recently landed a new role as a Search Language Specialist. This is a wonderful milestone for Arati, and represents a significant new stage in a journey that began in 1998. That was the year she married, left her physics lecturer job in India, and started a new life in San Jose, California. Today she is the proud mother of two teenagers, and she has an exciting career ahead of her.
X’s Obi Felten, on stage at Intersect 2018
Obi Felten’s rather remarkable job title is “Head Of Getting Moonshots Ready For Contact With The Real World, X, The Moonshot Factory.” In March of this year, she delivered a keynote address at our annual Intersect event. The title of her talk was “Daring Greatly: How to Fail Gracefully on the Way to Success.” In her speech, she addressed what she described as “one of those Silicon Valley cliches.” She was talking about the idea of failing fast. What she had to say about it was wonderful:
“We don’t want to fail fast, but we do want to learn very fast.”
In a world where emerging innovators all over the world are seeking new paths to success on the strengths of their unique backgrounds, novel ideas, and deeply-felt passions, this is a critical distinction. What is important is not that we fail, but that we learn. When people are committing to making their dreams come true, and they’re finding inspiration in the entrepreneurial spirit of Silicon Valley, it’s vital that we be clear about failure’s relationship to success.
How one Udacity graduate became a superhero mentor, and built a great career in the process!
Udacity mentors do incredible work. They regularly go above and beyond for students, in the classroom and on Slack, supporting Nanodegree program students with the one-to-one help and feedback they need to ace their studies. This week we want to celebrate the hard work and achievements of one of these exceptional people.
Meet Karol Zyskowski. Even by the high standards of our mentors, Karol is a superhero. From his home in Berlin, Germany, he has completed over 1,300 one-to-one mentoring sessions with Udacity students, and written over 12,000 advice posts! This is the story of how Karol became a mentor, and what the experience has meant for his own career development as a front-end developer.
This Udacity student found the path to career success by establishing an ambitious five-year plan to land a dream job as a Data Scientist
We’ve all struggled with motivation when it comes to launching or advancing our careers. For some of us, the big picture can feel overwhelming, and we have to adopt a one-task-at-a-time approach. For Raul Maldonado, a recent graduate of the Data Analyst Nanodegree program, the opposite approach proved the most successful. He found career success only when he established an ambitious five-year plan for himself.
The roots of his plan go all the way back to elementary school, and this is his story.