Over the past few decades, we’ve seen technological advances like no other. The most in-demand jobs of 2017 and the future are mostly tech-based, including programming, software development, data science, IT security, artificial intelligence, etc.
But although there will be more demand in the future for technically-trained professionals, there won’t be any less demand for professionals with business training. In fact, it is those who merge the two skills sets – business and technology – that will reap the most benefits from their future careers.
So why should you have both technical and business administration skills on your CV?
1.You’ll be able to work more easily with your team
From the techies (engineers & coders) to the creatives (marketers & designers) to the suits (managers & executives), with both technical and business skills you’ll be able to work with everyone and anyone on your team. As a businessperson, you won’t be frustrated by not understanding the technical aspects of a job. And as a technical worker, you’ll be familiar with the various processes that go on seemingly “behind the scenes” of a business. Being able to relate to both sides will allow you to work easily with your colleagues – plus it makes for a great manager!
2. You’ll understand what a client needs AND how to implement it
As a client, there is nothing worse than getting help on a project and getting back bad results. In order to keep customers happy while creating great solutions, tech workers must understand customer wants/needs in both a technical and non-technical manner. This means being aware of technological offerings, capabilities, and restraints, but also keeping in mind things like: budget, time, risks, KPIs, ROI, and other business concepts. You’ll impress your boss if you’re ahead of schedule, under budget, and delivering high-quality, innovative solutions to your client.
3. You’ll (probably) get a higher salary
Many technical fields feature job-specific, practical training. For example, if you’re studying to become a programmer, you’re going to learn about coding, software, and mathematics – but not about business administration. The thing is – people are needed in the programming industry who understand BOTH programming and business. So with your specific, technical training and broad business administration skills, you’ll be quite a catch. And you’ll probably be paid more than people with just one skill set.
4. You’ll know what information is important
Have you ever been in a business meeting and the marketers start talking and you find yourself completely lost? What about the opposite – a software engineer start explaining something and you get lost. With business and technical skill sets, you’ll finally know what people are talking about. But more importantly, you’ll be able to make meaningful contributions to discussions and projects. You’ll know what information is important and what isn’t. You won’t need to ask as many “obvious” questions or outsource tasks to specialists. This equates to increased productivity and efficiency, better time-management, and eventually, a better bottom line.
5. You’ll be better at learning new skills
Getting a degree in a technical field means a lot of hands-on, practical, job-specific training. Business education takes a more broad, theoretical approach to tackling problems and achieving solutions. Having experience in learning in a practical and theoretical way will make it easier for you to learn any new skill! There’s something else: Everybody knows the business world is always changing. And even more so for technological fields! With experience in both the business and tech world, you’ll also better at adapting to changing processes and accepting new changes.
Got technical skills but lacking business skills? The Lean MBA program is a low commitment way (15min/day, less than 1€/day) to better yourself and earn a Professional Certificate of Business Administration. View the full curriculum.