Consider a lateral “stretch” job for your next career move to enhance current skills and learn new ones, writes Jenny Fernandez.
Most of us think of career progression as a promotion, a salary increase or even getting greater responsibility as recognition or a signal that we are on the right track for what’s next. It is common to think of climbing the corporate ladder as the only option. But “up” is not the only way to grow. When you’re going up the corporate ladder, it’s critical that you gain the skills, expertise and experience that could propel your career forward.
A lateral move or stretch assignment might be the transformational role you need to take your career to the next level. These assignments, whether in a different function, location or foreign country, can provide unique opportunities at every career stage.