Critical faculty, skepticism, and questioning have got to be one of the key traits for people in the industry in the future. Your understanding is now more important than knowledge.
You may think your job is to get every call right. No, that’s not your job. Your job is to get more right than wrong. And be prepared to get it wrong, because that will happen. That’s part of the job.
If you’re just starting your career in finance, don’t compare yourself to veterans because it’s impossible to have the experience they have. Instead, compare yourself with your peers.
For every organization, it is the utmost importance for strategists to enhance long-term profits. Strategy consultants often use Porter’s five forces as the framework or starting point, when making an evaluation of a firm’s strategic position.