Whether you are a university student, a fresh graduate, or a young professional, if you really have a burning desire to create a successful career, and make it to the top in your field, then self-evaluation and self-reflection is the first step to start with.
Don't wonder, and for sure, don't underestimate this, because if you really want to have a successful career, if you want to become an authority in your field, and make it to the top, then you should start it right.
And to start right, you should know yourself better, you should know your strengths and weaknesses, your values and priorities, your skills and competencies, what you are good at and what you are not and what is your passion and interest. And that can only be done through self-evaluation and self-reflection and here is why.
When planning our career path, many of us tend to make a very big mistake. They do not conduct any self-evaluation and self-reflection to better understand themselves and evaluate their skills, competencies, and learning progress.
They only try to gather some information for the sake of getting things done such as preparing their CV, cover-letter to apply for a job. They don't go in-depth, in an organized way to collect information for the sake of knowing who they really are, what they want and try to make sense of these information to plan and decide their career path.
Whether it is due to lack of time, lack of awareness of its importance, or in worst case not knowing it is something that should be done. They directly jump into preparing a CV and cover-letter, choosing their career path and start to approach companies looking for a job. And that is the biggest mistake they make in their career life.
To understand why it is so, consider the following example. Imagine building a five-story house on a ground that you know nothing about it. You did little to no research to find out the strength of basis and whether that place is suitable to the type of house you are building or not. Instead, you just jumped directly into the construction phase, building your house on a ground without a proper evaluation of the basis.
By the time you are done, you realize that your house could collapse at any time because of the weak basis. And you end up forced to move and build another one which costs you your time and money. This is exactly the same scenario as building a career path without first doing any self-evaluation and self-reflection.
Many people out there end up taking a wrong career path, wasting their time and energy because they did not take the time to understand and evaluate themselves, their capabilities and what they really want. And if you don't know yourself intimately, you can't build a successful and enjoyable career.
If you are a young professional or in your mid-career, you still have the time to check if you are in the right direction and improve yourself. And if you are a recent graduate or a university student, it is much more better to do it now, and plan your career the right way instead of wasting your time taking a wrong path and not knowing what you really want.
And if you are unemployed as a result of being laid off or could not secure a job, taking the time to do this self-evaluation and self-reflection will extremely help you to assess yourself, and your progress. It will give you a better picture of who you really are, a picture which maybe you could not see before because you were busy with your work or your studies.
It will also help you gather all the details about your experiences, activities, projects, workshops, training courses and many other things in one place. And all these details will later be used to improve your CV and cover-letter, and build a strong online presence by updating your profiles. And doing so will increase your chances of getting what you want and opportunities coming down your way.
Now, if you are ready to start it right, to discover who you really are, what you really want to be, and build a career based on what you are passionate about rather than what you are told to be or what circumstances made you be, I can help you achieve that.
I have prepared for you a self-evaluation report in which I discuss the steps used to do self-evaluation and self-reflection. I have listed 19 steps to follow in order to collect the information needed to plan your career and life in general. It is all based on my personal experience and I have also listed many advices and tips for the things that you should focus on and others you should avoid.
I hope it will be beneficial for you and I also hope to hear from you if you have any comment regarding this report or if you have any question. You can get your report either by subscribing to to my newsletter in this page or here.
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Headline crude prices for the week beginning 11 March 2019 – Brent: US$66/b; WTI: US$56/b
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GEO ExPro Vol. 16, No. 1 was published on 4th March 2019 bringing light to the latest science and technology activity in the global geoscience community within the oil, gas and energy sector.
This issue focuses on new technologies available to the oil and gas industry and how they can be adapted to improve hydrocarbon exploration workflows and understanding around the world. The latest issue of GEO ExPro magazine also covers current training methods for educating geoscientists, with articles highlighting the essential pre-drill ‘toolbox’ and how we can harness virtual reality to bring world class geological locations to the classroom.
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In 2017, Norway’s Government Pension Fund Global – also known as the Oil Fund – proposed a complete divestment of oil and gas shares from its massive portfolio. Last week, the Norwegian government partially approved that request, allowing the Fund to exclude 134 upstream companies from the wealth fund. Players like Anadarko Petroleum, Chesapeake Energy, CNOOC, Premier Oil, Soco International and Tullow Oil will now no longer receive any investment from the Fund. That might seem like an inconsequential move, but it isn’t. With over US$1 trillion in assets – the Fund is the largest sovereign wealth fund in the world – it is a major market-shifting move.
Estimates suggest that the government directive will require the Oil Fund to sell some US$7.5 billion in stocks over an undefined period. Shares in the affected companies plunged after the announcement. The reaction is understandable. The Oil Fund holds over 1.3% of all global stocks and shares, including 2.3% of all European stocks. It holds stakes as large as of 2.4% of Royal Dutch Shell and 2.3% of BP, and has long been seen as a major investor and stabilising force in the energy sector.
It is this impression that the Fund is trying to change. Established in 1990 to invest surplus revenues of the booming Norwegian petroleum sector, prudent management has seen its value grow to some US$200,000 per Norwegian citizen today. Its value exceeds all other sovereign wealth funds, including those of China and Singapore. Energy shares – specifically oil and gas firms – have long been a major target for investment due to high returns and bumper dividends. But in 2017, the Fund recommended phasing out oil exploration from its ‘investment universe’. At the time, this was interpreted as yielding to pressure from environmental lobbies, but the Fund has made it clear that the move is for economic reasons.
Put simply, the Fund wants to move away from ‘putting all its eggs in one basket’. Income from Norway’s vast upstream industry – it is the largest producing country in Western Europe – funds the country’s welfare state and pays into the Fund. It has ethical standards – avoiding, for example, investment in tobacco firms – but has concluded that devoting a significant amount of its assets to oil and gas savings presents a double risk. During the good times, when crude prices are high and energy stocks booming, it is a boon. But during a downturn or a crash, it is a major risk. With typical Scandinavian restraint and prudence, the Fund has decided that it is best to minimise that risk by pouring its money into areas that run counter-cyclical to the energy industry.
However, the retreat is just partial. Exempt from the divestment will be oil and gas firms with significant renewable energy divisions – which include supermajors like Shell, BP and Total. This is touted as allowing the Fund to ride the crest of the renewable energy wave, but also manages to neatly fit into the image that Norway wants to project: balancing a major industry with being a responsible environmental steward. It’s the same reason why Equinor – in which the Fund holds a 67% stake – changed its name from Statoil, to project a broader spectrum of business away from oil into emerging energies like wind and solar. Because, as the Fund’s objective states, one day the oil will run out. But its value will carry on for future generations.
The Norway Oil Fund in a Nutshell