One 46.61% of the people who step up to launch their own business wanted to change rigid work environments or were looking for a better balance between work and family life, while another 33.9% decided to undertake to improve professionally.

These are some of the conclusions of the ‘White Paper on Professional Reinvention’ published as part of the launch of the Work of the Future Center at EAE Business School, an Institute for Training and Applied Research of EAE, which studies the impact of the changing socio-economic environment and enhances sustainable employability in fragile, uncertain and digital environments.

By its origin, the sectors with the most people that have been encouraged to undertake are consultancy, consultancy and audit, with 11.86% of the cases; followed by education and training (8.47%) and hospitality, tourism and catering (6.78%).

Curiously in the sectors where they seek to launch business they are also prioritized in consultancy, consultancy and audit, with 19.49% of the cases; followed by education and training, with 15.25%.

While one of the fastest growing sectors is technology, the study reveals that only 2.54% of the professionals are doing business in this sector.

When deciding, the study notes that the key factors for professional reinvention are mentality (46.4%) and training (23.97%). And, based on the EAE Business School survey for analysis, the main actions to achieve this are to design a knowledge acquisition roadmap (23%) and set proactive business opportunity search routines (18%).

The study also analyzes the movement of professionals to other sectors. The Head of Research director of the Work of the Future Center and author of the White Paper, Pilar Llácer, noted that those professionals who changed sectors with the same functions came mainly from the consulting, advisory or audit sector (6.25%); from the pharmaceutical or chemical sector (8.7%); high consumption (6.25%) and telecommunications (10.87%).

The most common target sector in which they reinvented was in the high consumption 13%, often with the help of consultants or ‘headhunters’ and employment platforms. “At times of great uncertainty such as the current ones, traditional sectors and positions are affected by the processes of digitization and climate change. In this context, it is essential to change the sector and position,” Llácer said.

Source: Expansion