Monday, September 24, 2007

Coping with a Layoff: Re-Launch Your New Future


In life there is suffering and none of us can escape it. The most gut wrenching type of suffering is the shock we experience with a significant loss. Sometimes we can see it coming; sometimes the shock brings us to our knees. While the most painful losses are the death of a loved one and the most complicated losses occur with divorce, losing a job can be one of the most devastating personal crises of a lifetime. From Wall Street to “Main Street” the last decade has produced increasing numbers of job layoffs for managers and workers alike. As corporate restructuring continues, the pace of permanent layoffs is expected to accelerate. Although the financial decline associated with a job loss is most often the primary issue, the blow to ones ego can be even more difficult to face. The many losses associated with a job layoff include:

§ Loss of income
§ Loss of self esteem
§ Loss of purposeful activity
§ Loss of routine
§ Loss of predictability and sense of security
§ Loss of plans for the future

Like any other catastrophe, a job loss crisis can have a silver lining and present an opportunity for growth. It is important not to take on the role of a victim, but embrace the attitude of a survivor. With any loss there are emotional hurdles that must be negotiated before you can begin to re-launch your career.

Uniqueness of Every Loss

Every relationship we have is unique and this includes the relationships we form with our employer, co-workers and the attachment we have to our position. Therefore, the grief we experience when a relationship is lost is also unique. The belief that there are specific stages of grief that must be negotiated is false and can often unhinge the healing process. Although the pain, fear and doubt accompanying a layoff is distinctive, there are several universal strategies that can help you boost you self-confidence, mobilize your resources and jump start your job search.

Catch Your Breath and Deal with Your Feelings

Grieving and mourning are verbs that emphasize the need for movement in coping with loss. It is natural to feel angry, hurt, scared, discouraged and even depressed when experiencing the loss of a job. Ignoring or stuffing these emotions will not help in moving through them. Examples of how we ignore or stuff our feelings include:

Eating too much
Not talking about what we’re feeling
Using alcohol or drugs to numb feelings
Not allowing yourself to cry
Hiding behind “busy work”
Isolating in front of the T.V. or computer
Making decisions in anger
Feeling like you’ve failed when most likely you haven’t

In order to fully negotiate feelings of loss it is important to acknowledge them and move through them. Ignoring these negative emotions and failing to move through them will only ensure that they will remain and sap the energy needed to launch a new job search. Talking with others, sharing you frustration with others, journaling your experience, crying if you need to and attending networking groups are all tools that can help you manage the feelings of loss.

Movement

When experiencing a job layoff, it is absolutely normal to feel somewhat defeated, in shock and generally lethargic. These are natural symptoms of loss that have a tendency of slowing us down. Every illness, neurosis and affliction we experience in life has the same goal of trying to slow us down, create isolation and stop us from moving. Movement is life and lack of movement will lead us to death. When we stop moving completely, we die, therefore, creating movement when rebounding from a job loss is essential. Movement of any degree is the best medicine to avoid opening the door to greater physical or emotional illness. Examples of creating movement include:

Immediately – get a separation letter from HR
Clarify benefits – severance pay, references, outplacement coaching
Clarify health insurance coverage and follow up
Register for unemployment compensation
Follow a daily schedule – work on resumes, make calls, do research
Make personal business cards for networking
Incorporate exercise into your daily routine
Avoid consumption that will slow you down, excessive eating, drinking, etc
Utilize the depth of information available on the internet, Career Builder, Monster, etc.

Don’t Isolate Yourself

As humans we are innately social beings. Physical and emotional health can be directly correlated to the degree of social interest we have in life. We do not thrive when we are isolated and it is the primary characteristic of all illness to move us in a direction of isolation. The primary demon that is unleashed from a lay-off is the demon of isolation. In one moment we are removed from the stream of a busy working community and the sense of contribution that goes along with work. Linger too long in isolation and not only will you not find success, but your job skills and marketability my also lose their luster. Initiate some of these steps to help create movement towards social interest during your job search:

Share what has happened with people you know
Ask others for job leads
Attend networking meetings
Cultivate leads by making inquiry phone calls
Have lunch with friends
Incorporate exercising with others in to your routine
Interview, it is all practice
Don’t trash your former employer or speak badly of others. It only pushes people away.

Thinking

Negative thinking is counter productive to creating movement in your job search. In fact, the greatest obstacle we face in any crisis may be when our thinking becomes dominated by negative beliefs. The power of positive thinking is an important tool for overcoming a loss and presenting yourself in the best light. If you don’t believe that you are going to succeed in an interview or job application, then you have failed before you’ve begun. Common thoughts that must be challenged include:

“I’ve failed”
“I’m all alone in this”
“I don’t know how to interview”
“I’m under qualified”
“I’m only qualified to work in my industry”
“I’ll never get my previous salary”

Negative thought patterns are common, but must be challenged. The primary step to challenging negative thoughts is to get them out of your head. If you counter balance negative thoughts with more positive thoughts, but do this only in your head, the end result is often continued negative thinking. To find success you must perform a little brain surgery and carve out the negative thoughts by writing them down. Once the negative thoughts are recorded you can write more positive, realistic, counterbalancing thoughts that challenge your negative beliefs. I recommend that you record three positive thoughts to counter balance each negative thought. For example:

Belief: “I’ve failed”

Reality: 1.) My lay off was not based on performance.

2.) The whole company is struggling, this was a business decision.

3.) The only failure would be in giving up and not re-launching my career.

By utilizing this technique you will end up with flash cards of negative beliefs and counter balancing thoughts. By frequently reviewing these cards you will undo and eliminate the negative thoughts and free yourself up for more positive action.


Look Ahead to Your New Future

Strangely, being laid off can be a good thing. I have made a career out of working with individuals who stay in jobs that they don’t like because they’ve lost inertia, get too busy, aren’t unhappy enough to make a change, or their learned helplessness has left them immobilized. A layoff pushes us “out of the nest” and in to an unexpected job search. It is a test of our character and a chance to overcome adversity. In many cases it becomes an opportunity to re-launch your career towards a future with a better job, more money and greater happiness.

Thursday, September 6, 2007

Coping with a Layoff: Re-Launch Your New Future

In life there is suffering and none of us can escape it. The most gut wrenching type of suffering is the shock we experience with a significant loss. Sometimes we can see it coming; sometimes the shock brings us to our knees. While the most painful losses are the death of a loved one and the most complicated losses occur with divorce, losing a job can be one of the most devastating personal crises of a lifetime. From Wall Street to “Main Street” the last decade has produced increasing numbers of job layoffs for managers and workers alike. As corporate restructuring continues, the pace of permanent layoffs is expected to accelerate. Although the financial decline associated with a job loss is most often the primary issue, the blow to ones ego can be even more difficult to face. The many losses associated with a job layoff include:

§ Loss of income
§ Loss of self esteem
§ Loss of purposeful activity
§ Loss of routine
§ Loss of predictability and sense of security
§ Loss of plans for the future

Like any other catastrophe, a job loss crisis can have a silver lining and present an opportunity for growth. It is important not to take on the role of a victim, but embrace the attitude of a survivor. With any loss there are emotional hurdles that must be negotiated before you can begin to re-launch your career.

Uniqueness of Every Loss

Every relationship we have is unique and this includes the relationships we form with our employer, co-workers and the attachment we have to our position. Therefore, the grief we experience when a relationship is lost is also unique. The belief that there are specific stages of grief that must be negotiated is false and can often unhinge the healing process. Although the pain, fear and doubt accompanying a layoff is distinctive, there are several universal strategies that can help you boost you self-confidence, mobilize your resources and jump start your job search.

Catch Your Breath and Deal with Your Feelings

Grieving and mourning are verbs that emphasize the need for movement in coping with loss. It is natural to feel angry, hurt, scared, discouraged and even depressed when experiencing the loss of a job. Ignoring or stuffing these emotions will not help in moving through them. Examples of how we ignore or stuff our feelings include:

Eating too much
Not talking about what we’re feeling
Using alcohol or drugs to numb feelings
Not allowing yourself to cry
Hiding behind “busy work”
Isolating in front of the T.V. or computer
Making decisions in anger
Feeling like you’ve failed when most likely you haven’t

In order to fully negotiate feelings of loss it is important to acknowledge them and move through them. Ignoring these negative emotions and failing to move through them will only ensure that they will remain and sap the energy needed to launch a new job search. Talking with others, sharing you frustration with others, journaling your experience, crying if you need to and attending networking groups are all tools that can help you manage the feelings of loss.

Movement

When experiencing a job layoff, it is absolutely normal to feel somewhat defeated, in shock and generally lethargic. These are natural symptoms of loss that have a tendency of slowing us down. Every illness, neurosis and affliction we experience in life has the same goal of trying to slow us down, create isolation and stop us from moving. Movement is life and lack of movement will lead us to death. When we stop moving completely, we die, therefore, creating movement when rebounding from a job loss is essential. Movement of any degree is the best medicine to avoid opening the door to greater physical or emotional illness. Examples of creating movement include:

Immediately – get a separation letter from HR
Clarify benefits – severance pay, references, outplacement coaching
Clarify health insurance coverage and follow up
Register for unemployment compensation
Follow a daily schedule – work on resumes, make calls, do research
Make personal business cards for networking
Incorporate exercise into your daily routine
Avoid consumption that will slow you down, excessive eating, drinking, etc
Utilize the depth of information available on the internet, Career Builder, Monster, etc.

Don’t Isolate Yourself

As humans we are innately social beings. Physical and emotional health can be directly correlated to the degree of social interest we have in life. We do not thrive when we are isolated and it is the primary characteristic of all illness to move us in a direction of isolation. The primary demon that is unleashed from a lay-off is the demon of isolation. In one moment we are removed from the stream of a busy working community and the sense of contribution that goes along with work. Linger too long in isolation and not only will you not find success, but your job skills and marketability my also lose their luster. Initiate some of these steps to help create movement towards social interest during your job search:

Share what has happened with people you know
Ask others for job leads
Attend networking meetings
Cultivate leads by making inquiry phone calls
Have lunch with friends
Incorporate exercising with others in to your routine
Interview, it is all practice
Don’t trash your former employer or speak badly of others. It only pushes people away.

Thinking

Negative thinking is counter productive to creating movement in your job search. In fact, the greatest obstacle we face in any crisis may be when our thinking becomes dominated by negative beliefs. The power of positive thinking is an important tool for overcoming a loss and presenting yourself in the best light. If you don’t believe that you are going to succeed in an interview or job application, then you have failed before you’ve begun. Common thoughts that must be challenged include:

“I’ve failed”
“I’m all alone in this”
“I don’t know how to interview”
“I’m under qualified”
“I’m only qualified to work in my industry”
“I’ll never get my previous salary”

Negative thought patterns are common, but must be challenged. The primary step to challenging negative thoughts is to get them out of your head. If you counter balance negative thoughts with more positive thoughts, but do this only in your head, the end result is often continued negative thinking. To find success you must perform a little brain surgery and carve out the negative thoughts by writing them down. Once the negative thoughts are recorded you can write more positive, realistic, counterbalancing thoughts that challenge your negative beliefs. I recommend that you record three positive thoughts to counter balance each negative thought. For example:

Belief: “I’ve failed”

Reality: 1.) My lay off was not based on performance.

2.) The whole company is struggling, this was a business decision.

3.) The only failure would be in giving up and not re-launching my career.

By utilizing this technique you will end up with flash cards of negative beliefs and counter balancing thoughts. By frequently reviewing these cards you will undo and eliminate the negative thoughts and free yourself up for more positive action.


Look Ahead to Your New Future

Strangely, being laid off can be a good thing. I have made a career out of working with individuals who stay in jobs that they don’t like because they’ve lost inertia, get too busy, aren’t unhappy enough to make a change, or their learned helplessness has left them immobilized. A layoff pushes us “out of the nest” and in to an unexpected job search. It is a test of our character and a chance to overcome adversity. In many cases it becomes an opportunity to re-launch your career towards a future with a better job, more money and greater happiness.
Charlie Cummins, MS, LPC is a partner with Ron Young International Inc, a firm specializing in succession planning. Please contact Charlie for inquiries and more information.

Wednesday, September 5, 2007

Riding the Age Wave Towards Succession Planning

An age wave of massive proportions is swamping our national economy, causing a seismic shift in the age distribution of the general population and specifically, the labor force. If you own a business, are in the ranks of management for a company or even work for a government agency, you are about to experience tremendous upheaval in the ability to identify and recruit, or bring up through the ranks, new leadership for your workforce.

An overwhelming void of talent is on the horizon. One fifth of America’s large, established companies will be losing 40 percent of their top level talent in the next five years as senior executives retire. Over the next 15 years, there will be a 15 percent decline in the number of people ages 35 to 44, leaving fewer people available for top management positions. This phenomenon is driven by the following three demographic realities that no organization can ignore:

The disproportionate size of the baby boom generation.

The increasing longevity of our lifespan.

Reduced national birth rates.

The baby boomer generation has re-shaped American life and fueled much of the country’s productivity for the last several decades. How companies manage this mass exodus of skills will affect their future. Few organizations are prepared to compete in finding their next generation of employees and adapt to the inevitable transformation of the workforce. The failure of many companies to designate or groom successors exposes a weakness in their strategic thinking. The concept of succession planning has become an important part of organizations’ strategic planning, but not in all companies.

Too often, many think of succession planning as a strategy applied only to family owned companies or large conglomerates, but it even affects the government. According to the Bureau of Labor Statistics, 50 percent of federal employees and 70 percent of federal senior managers will be eligible to retire by 2010. The Government Accountability office estimated in 2003 that by 2007, 55 percent of Senior Executive Service employees will retire or leave office. Dick Morton, executive director of the American Management Association’s Federal Learning Institute, calls the federal government’s inevitable succession problem “the big gorilla” because of how the federal government affects so many people.

In fact, succession planning should be a part of every organization’s strategy and their vision for the future. Succession planning is a process where an organization recruits and develops employees to fill each key role within the organization. Through the succession process companies identify, retain and develop top tier performers thus creating a succession of leadership within the organization. Through succession development companies recruit superior employees and also develop benchmarks to assist in targeting the best fit for a new hire and for each position. The goal is to identify and develop core leadership within an organization and establish a path of leadership that flows seamlessly through the organizational structure.

The succession process of developing employees and leadership requires mentoring, coaching, team building, training, and job rotation to replace key leadership from within the organization. It requires an understanding of the developmental and communication needs of employees, as well as modeling, teaching and developing leadership skills.

It is important to ensure that all key employees understand their roles and career paths within their organizations and that senior executives periodically review their top leadership and those in the next lower level to determine several backups for each senior position. This process is essential because of the years it often takes to groom effective senior managers.

The real key in succession management is to create a match between an organization’s future needs and the aspirations of individuals within the organization. The most important tool for keeping talented individuals on board is providing opportunities for growth. If the identified top performers within an organization feel that there are no opportunities to develop their talents or challenge themselves, then departure is likely.

Effective succession development is a journey, not a destination. There must be flexibility and adaptation based on feedback from all levels. Succession leadership also must adapt to changing technology and be willing to learn from the experiences of other organizations.

How can you swim rather than sink in the age wave?

Make succession planning part of your overall business strategy and planning.

Rely on your Human Resource experts to guide you to the tools and processes of succession planning, but allow the front line managers to implement deliverables and staffing needs.

Identify a continuous stream of talent that focuses on future leaders.

Use outside firms who can help implement succession planning and utilize assessment tools for benchmarking and leadership development.

Implement individualized developmental plans for each employee that include coaching and leadership development.

Monitor the succession planning process and build in the use of assessment tools that measure change.

The age wave within our society is bringing sweeping change in how businesses recruit and retain their talent. Current corporate leadership is about to roll out with the tide leaving behind an absence of talent, knowledge and leadership in both the private and public sectors. Failure to groom the next generation of managers and top leaders will likely find companies caught in an undertow of knowledge loss, talent gaps and lost productivity. The wave is coming. Are you prepared to surf it with success?

Charlie Cummins, MS, LPC is a partner with Ron Young International Inc, a firm specializing in succession planning. Please contact Charlie for inquiries and more information.