Abstract
New ways of professional working associated with new organisational forms such as the shared service centre (SSC) are challenging the ways in which careers exist and are perceived by finance professionals. Schein’s original concept of career anchors has proved to be a helpful and robust framework for understanding career motivations over time, culture and context. Nonetheless, the theory is still largely based on career motivations and personal expectations prevailing in the 1970s and updated in 1990. Empirical testing of new anchors is rare and proposals for refreshing anchors tend to be conceptual. Using mixed methods this paper investigates the underlying constructs of career anchors for finance professionals in the contemporary SSC environment. Exploratory factor analysis (EFA) is used to explore a number of issues arising from interviews in a global multi-national organisation. The results suggest that a six-factor model, which blends traditional and new ideas about career motivations, can better represent career anchors in new organisational contexts than original theory.
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Notes
- 1.
Cultural differences were acknowledged by the researcher, however the standardised nature of SSC work across the globe (in terms of type of work, structure of roles and the general operation)meant that these effects may have been lessened; the construct under study was professional work and careers not cultural factors, however this is an opportunity further research into SSCs. The researcher sought to reflect reality which in this case was a seamless global operation that did not distinguish work by the country in which it was completed.
- 2.
Collectivism can broadly be defined as acting within a larger framework for the greater good of one’s society [67].
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The project was supported by the Economic and Social Research Council (ESRC), the Chartered Institute of Management Accountants (CIMA) General Charitable Trust and the School of Business and Economics, Loughborough University.
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Lambert, S., Rothwell, A., Herbert, I. (2016). Exploring Career Anchors in Shared Service Centres. In: Kotlarsky, J., Oshri, I., Willcocks, L. (eds) Shared Services and Outsourcing: A Contemporary Outlook. Global Sourcing 2016. Lecture Notes in Business Information Processing, vol 266. Springer, Cham. https://doi.org/10.1007/978-3-319-47009-2_4
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