There has been a global recognition of the increase in doctoral degrees conferred with comparatively few professorships and academic positions becoming available. Associations such as The Canadian Association for Graduate Studies are noting large discrepancies between the supply and demand for new professors (Sekuler, 2011). This calls into question dominant models of graduate education as training the future professoriate. Industrial and organizational psychology is perhaps well situated as a field to be less concerned about this trend. After all, many students who enter graduate training in our field do so with the intention of careers in consulting, human resources, or governmental and nonprofit work. As such, this month’s TIP-Topics column aims to provide guidance for graduate students looking to develop or enhance competencies deemed critical for I-O practitioners outside academe.