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You spend5- years in a company and your job role/description is same even you desrve increment and promotion with in the organization but there are no chances at all. In this case what should an employee do?
You should prepare to another business or company, who has good culture for your career path, or if you have skill over qualification, you can jump to be the consultant on your work area, I believe you will achieve.
Do not scare on global competition, regarding you have know in deep for your skill, expertise and experience. You do not need much effort.