Formula of Success
This report recommends ways to overcome the challenges faced in the business field. The advices came from an interview with Mudit Sethi, who works in the Financial Department of Chase Headquarter in Chicago. Mr. Sethi majored in Finance at UIC and joined Chase after graduating four years ago. He graduated during the financial crisis; therefore, most of his advices involve the crisis and how he managed to find a suitable job during the crisis. His advices are being interested in the work, being committed to the work, and being able to incorporate changes and use them to the advantage. When asked about the importance of writing in finance, he characterized it as essential part of any business. His advices motivate students to pursue the career of their choice with determination. He further elaborated each important advice by giving example from his personal experience.
Interest in the work
The first challenge that any person faces involves finding a suitable career that best suits their personality. The challenge involves finding work that will keep a person interested for the rest of his/her life. Mr. Sethi faced similar challenge while getting started at UIC. It was the time of financial crisis, and Mr. Sethi knew that finding work during the crisis would be difficult. But, he was so interested in the Finance field that he took the challenge and continued to study Finance at UIC. However, he did find it difficult to find work as soon as he graduated. He had to do a lot of research, and he applied in many companies before he landed a job at Chase. This shows that eventually he found a way and received rewards for the challenges he decided to take. Mr. Sethi also suggested that being interested in the work will lead people to do well and will make it easier for them to go to work five days a week for the rest of their life. Figuring out a suitable career appears to be a difficult task but once figured out, life and work will be easier in general. He said that he enjoys his work because he chose to do something that keeps him interested; therefore, he does the best job he can. The interest reflects in the work as performance increases with the increase in the interest of work.
Commitment to the work
The next challenge requires commitment once a person has found an interesting career. Mr. Sethi recalls an incident that happened during his training period at Chase. Working for a company as big as Chase, puts immense pressure on employees to work according to the standards of Chase. His training period required intensive work and commitment. This time he faced an important challenge of adapting to the work environment of Chase. This, he said, couldn’t have been possible without commitment. Commitment requires a person’s full engagement and dedication towards the work. Mr. Sethi landed in New Jersey to begin his training. He described his experience as exciting but filled with challenges. The process proved difficult, he said, but the people welcomed him, and his commitment helped him get through the training period. Commitment continues to be a necessity in every field and not only restricted in the Finance field because dedication brings the best ability of a person in work. It also helps look closely to the matters that require attention, and dedication to solve it will lead to success. So far Mr. Sethi provided general advices for anyone in any kind of field to achieve success by finding a career that interests the person and by staying committed to that career. He then went on to focus on the specific advices needed in the field of Finance.
Adapting to the changes
One of the most important aspects of being successful includes adapting to the changes. Changes present new challenges. The process of overcoming these challenges requires incorporating these challenges and using them to the advantage. Mr. Sethi explained that in any business fields, especially Finance considering the uncertainty of the economy, changes happen, and the success of an organization or an individual depends on the ability to adapt to those changes. The success grows even bigger if the changes are used as an advantage. Mr. Sethi elaborated the effects of the financial crisis on the business fields. He explained that the economy prospered before the crisis, and study curriculum included ways that the businesses worked before the crisis. Then, we had the crisis and a lot of those ways changed. The considerable change in the economy required businesses to change their ways of operation to continue during the crisis when large businesses failed. He explained further that the curriculum he studied at the university proved challenging considering the changes in the business environment. He had to adapt to those changes and use those as an advantage to achieve success at his work. During the crisis, firms started looking for people who can adapt to changes and handle such crisis. Mr. Sethi worked on his ability to change his business tactics according to the situations after he realized that the curriculum he studied required improvisation when used in the outside business environment. His improved ability landed him a job at Chase. Mr. Sethi proves to be a good example of someone who used the crisis and the changes it created to become a better business person.
Writing
Being in the business communication class, the advices received on the importance of writing from the experience of Mr. Sethi helped. He started as a credit underwriter at Chase. He suggested that in any business fields writing continues to be an essential part. A high school student doesn’t realize the requirement of writing in business, he said. He also added that business writing differs from what we learned in our high school English class. He struggled with it in the beginning but obtain hold of it later on. When he chose finance as his major, he didn’t realize that he will be using a lot of writing at his work. He advised that all students take writing seriously and learn the quality of business writing before the reality strikes. Most of the communications are written in businesses now, so businesses hire people with the skills of a good writer. He provided an example of his own experience from his work. All the important communications regarding the business are done in writing at his work, he said. Emails and memos are the primary form of communication within a company’s organization. He advised to learn as much as we can about business writing in order to achieve success in business.
The interview provided a good experience and proved successful because of the accomplishment of its purpose. The suggestions received from Mr. Sethi regarding the challenges motivate people with business majors. Suitable career, dedication, and the ability to incorporate changes determine the height of success. Without a career that keeps a person interested, commitment and adapting to changes prove difficult to follow. The suggestion made by Mr. Sethi ensures success because the process makes a person to do the work with the best of his/her own ability. His advice can be applied in any kind of field because the process holds true and must be followed to accomplish success across all majors.