Generalist vs Specialist AudioBook

This in an excerpt from this book
MP3 / 40min / 60MB

A generalist’s role in every walk of human life is as important as buying daily needs for livelihood. Generalists are laced with the apparent knowledge of the surroundings, and their wisdom can be utilized in every walk of life, be it a business, sports, medicine, politics, or cultural sphere. Like all subjects of consideration, generalists also have some advantages and drawbacks. The things in their favor are a variety of job opportunities, career substitution, boost in confidence due to all-around knowledge and ability, early maturity due to facing daily hardships, the scope for both vertical and lateral movement, minimum job insecurity, etc. The drawbacks are less earning capacity due to easy availability, demanding job role due to competition, Confusion due to numerous job options.

Specialization performed in any area of operation is a challenging task. It involves a lot of studies, learning, hard work, and a considerable amount of cost. As a result, job compensation is also equal to the task. The job roles in case of specialists are time-bound and specific. The business units, dealing in products or services, are largely dependent on the specialists due to the supply constraint. The specialists are in high demand and with a proven track record; they become the decision-makers in an organizational structure. The specialists have their pros and cons too. The positivities are target-oriented jobs, high productivity, the higher scope of growth and compensation, rise in importance during industrial renovation, contribution towards economic emancipation, etc. The negativities are a decline in demand for a specific product or services, the monotony of work, absence of basic expertise in a large number of institutions, relocation, limited career options-both time consuming and cost-intensive.