July 5, 2007
Five suggestions to Restore Your Career after a Major Setback
Today I read an article on “How to Restore Your Career after a Major Setback” by Jeffrey Sonnenfeld in Trump University blog, the founder of Yale University’s Chief Executive Leadership Institute and author of six leadership books, including the new book Firing Back: How Great Leaders Rebound After Career Disasters (Harvard Business School Press). He says, “The more risks you take in your career, the greater the likelihood that you will suffer a setback someday.” He suggested a five-part strategy to recover for those who are suffering a devastating setback. He suggests to fight, not flight and also recruit others into battle. To rebuild the heroic stature, you need to explain the true nature of adversity and provide a rational explanation of the context behind and injustice. You should be able to demonstrate that the setback has not destroyed your professional expertise and character strength and he suggests to redefine a new leadership vision and new path for personal meaning in your work.
Those suggestions are really inspiring to those who are in major setback and also to those who thrive to be an entrepreneur.
I have been working with entrepreneurs, helping them to excel and writing regularly to and lead their life.
I would like to add few more suggestions to complement the suggestions by Jeffrey Sonnenfeld:
1. Never loose your confidence. You should believe you can restore. Many people can not restore because they don’t believe in themselves. Verizon came back with rejuvenated confidence.
2. Get inspirations from the industry leaders. Understand that they have also failed many times but they know how to restore themselves. Look at Steve Job, how he came back and how he redefined the meaning of music through iPod, phone through iPhone and PC through iMacs.
3. Be honest with you and admit that you know what you really want. If you know exactly what you want, then prepare the action plan to achieve that goal. Never forget your written goal and strive consistently for that. Look at image of Pepsi in India today, if you remember the anti-Pepsi movement in India last year.
4. If you work hard with persistence, learning by past mistakes and you specialize, then you really can do something really worth. Take how Dell addressed the “Flaming Notebook” issue last year.
5. To restore again from setbacks and to make your goal fulfilled, you need commitment , passion, confidence, optimism and persistence.
So start right now. If you wait, you will leave your goal far behind.
If you have your comeback stories, share us in the comments area …
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Nice tips Rajesh!
I look forward to more articles from your side. My suggestion is to add tips for recuiters too (HR people etc.).
Nice Tips. Well Commented.
Thanks.
I have blogged it on Just a Topic via Digg.
Ananta,
Thank you for your comments and writing about this in your blog.
Rajesh