Strategies to Overcome Professional Setback and
Define Success on Your Own Terms
By Andrea Redmond and Patricia Crisafulli
In life, no one
gets off this planet unscathed. Whether personal or professional,
setbacks will happen. How well someone makes a comeback, however,
depends upon several factors, from resilience to defining success
according to your terms. The good news is that these qualities and
skills can be acquired and learned, and with a support system become
even more effective.
In today’s world,
awareness of professional setbacks—the loss of a job whether due to
layoffs or being fired or asked to resign—is increasing, from high
profile executives losing their jobs to layoffs and job loss for all
levels of workers. It doesn’t matter whether you work in a small
company, large corporation, on a factory line, or in a corner
office, leaving a job not of your own accord is one of the most
difficult challenges most people face.
Even some of the
nation’s most well known CEOs who were asked to resign, often for
reasons beyond their control, were caught completely off guard. Two
such leaders are David Neelman, founder and former CEO of JetBlue
Airways, and Jacques Nasser, former president and CEO of Ford Motor
Company.
When Neelman was
asked by his board to resign in May 2007, following weather-related
delays that stranded passengers on the tarmac—an unfortunate event
that was beyond Neeleman’s control, but for which he took
responsibility as the CEO—he called the move “shocking.” “I felt
like I was sucker-punched,” Neeleman describes.
Nasser, who was
president and CEO of Ford Motor Company from 1999 until 2001, was
asked to step down as the auto industry faced challenges due to a
souring economy. After thirty years with the company, his
leadership suddenly came to an end. “It was a huge surprise,” he
says simply.
Both executives,
however, were able to make very successful comebacks. After JetBlue,
Neeleman decided to take his idea for a regional air carrier with a
high degree of customer service to a new market—Brazil—where he
found the highly successful Azul Linhas Aéreas Brasileiras. In
time, Nasser went on to become an executive partner in the highly
successful private equity firm One Equity Partners, and today is
chairman of BHP Billiton, the world’s largest natural resources
company.
How did they make
their comebacks? Although all leaders have strategies and
philosophies that are unique to them, common themes emerge that can
lead not only to a comeback, but potentially an even better outcome
than ever anticipated.
1) Understand
that often it’s not about you. Professional setbacks often occur
because a company is in the midst of a transition. A division may be
closed down or pared back, which results in layoffs. Or a new CEO
has been brought in who now wants his/her own team. Being let go may
not be about you or your performance at all. Although the pain and
disappointment are yours, you are not the only one who has endured
this kind of setback. You are not alone. Find the peace that comes
with “I did my best;” learn whatever lessons there are to be
learned, embrace change, and move on.
2) Take some
time off and think about what you want. This step is often the
hardest for people, particularly because of financial worries or
concerns about when you will get your next job. But if you try to
transition too fast you may be tempted to jump at the first
opportunity that comes along instead of choosing where you want to
go. Taking even a short break for discernment will help you stage a
better and stronger comeback. Even if the break has to be only
overnight, make sure that in your downtime you take some time for
some real self-reflection. What’s important to you now, time or
money? Do you thrive in a large organization or small organization?
How have your dreams changed? Although this event was done to you,
you are still the one who decides now.
3) Rally your
allies. Whether friends, family members, or close associates,
your allies are the ones who will help you through the transition
and find your way forward. It may very well be through them and
their connections that you begin to network your way into a new
position.
4) What made you
successful before will make you successful again. Just as your
unique talents led to your previous success, these abilities will
help you achieve your career goals in the future. Know what these
qualities are. Own your past accomplishments. This process will help
you communicate the value you bring to your next employer.
5) Be open to
new possibilities. Your next position after a setback may be on
the same path, or you may see your transition as an opportunity to
pursue another career track. What is it that you’ve always wanted to
do but never allowed yourself the opportunity to explore? Maybe now
is the time to try something new. What do you want Act II of your
life to look like?
6) Don’t be
limited by someone else’s definition of success. You are in
charge of your own success. What that looks like and feels like is
up to you. Don’t be limited by believing that success is only
achievable if you repeat the past. The future is wide open, and it’s
very possible that—even in spite of a setback—in your comeback, the
best is yet to be.
Even if you have
faced a professional setback in the past year, whether or not it was
in your control, you can take control of how you recover. Reflect on
your next steps, build your support system of allies, remain open to
new possibilities and define success for yourself. You might be
surprised at the comeback you make.
Read other articles and learn more about
Andrea Redmond and
Patricia Crisafulli.
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