Career Setback or “The Sky Is Falling”

If it hasn’t happened yet, it will. Suddenly, seemingly out of the blue, you get; pick one:

Demoted, laid off, fired, passed over, or criticized for your execution of a project. What happens next will determine your future for a long, long time.

When a career setback happens, it will most likely be very emotional. That’s okay. The immediate sting is a natural and human reaction. But what you do with that emotion is what is essential. You have choices:

  1. Verbally lash out
  2. Snivel away making excuses
  3. Suck it up and apologize
  4. Stomp out of the room like an upset teenager
  5. Own up to your mistakes and regroup
  6. Accept your fate and move on

Which action will you choose?

In choosing, there are a couple of mantras you might want to observe.

  1. Don’t burn your bridges. More than once, I have maintained a healthy relationship with the person that laid me off, and those relationships have helped me later in life.
  2. “Do no harm” with your words or actions. Your words and deeds matter; how you handle a career setback will speak to your character, and this, too, will pay you dividends in the future.
  3. When a door closes, a window opens. I understand this statement isn’t immediately apparent, but in my personal experiences and in observing the experiences of others, in almost every case, when optimism surfaces, opportunities exist.

The real choice you have is to use this career setback as an opportunity to re-evaluate your options, seek to understand your blind spots that got you into this position, and take steps to correct what needs correcting. The options can include re-energizing your efforts at your current employer or begin the process of marketing yourself to opportunities beyond your current company.

Regardless of which direction you choose, use this as an opportunity to rebrand your image. Understanding how you are perceived and determining how you want to be seen is the first step in branding the new you. Be intentional in this rebranding effort. It will require discipline and determination, but you will become a better person because if this work.

It would be best if you never took a career setback as permanent or defining. Please take it as an opportunity to improve yourself and your place in the work world.

About rich@leading2leadership.com

Rich Jones is the Founder/Principal of Leading2Leadership LLC. Before starting his strategic planning agency, he spent over 20 years in leadership roles in the financial services sector. Before becoming an executive in the financial services sector, Rich was an entrepreneur, building and selling two businesses and working for early-stage start-up companies in executive roles in marketing, business development, and seeking investment partners. With more than three decades of experience, he brings innovative thought to companies and executives. Rich published “Leading2Leadership, a Situational Primer to Leadership Excellence.” The book is available on Amazon.com and was designed to be used as a book study for leadership development programs; it breaks leadership skills into manageable situations for discussion and reflection. Rich works with credit unions, CUSOs, and vendors, designing digital, data, culture, marketing, and branding transformation strategies. In 2014, Chosen as a Credit Union Rock Star by CU Magazine, and in 2018, Rich received the Lifetime Achievement Award from CUNA Marketing and Business Development Council. A Marine and graduate of Colorado State University, Jones shares his expertise at www.leading2leadership.com.

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