Preparing for a Layoff

We have incredible respect for people who are dealing with the possibility of a layoff. Facing the loss of a role that provides a great deal of your identity as well as the means for living, can be very challenging.

THERE ARE SEVERAL THINGS YOU CAN DO
IN THE FACE OF A POSSIBLE LAYOFF

Get support for the fear so you can pivot to taking action.

  • It’s important that you’re able to acknowledge how stressful a potential layoff is and how anxious it can make you.
  • Be sure to reach out to people who will honor your feelings while also supporting you in the pivot to action.

Do a quick inventory about what you love about your job and what you would change if you had the opportunity. 

    • Create a resume that represents you well and then tailor it for the specific opportunities you discover.
    • Being clear about what you love and want to continue to do and what you aren’t as satisfied with can help you as you look around for other opportunities within and outside the company.

Within the company:

      • Explore what opportunities are available should you need to look.
      • Sometimes the opportunities aren’t very appealing, but if they let you stay in a company that you want to work for, they can be a stepping stone until you find a better fit.
      • Knowing the skills you love to offer and the environment in which you thrive can help you find a role that’s more in keeping with your current interests and skills and the threat of layoff may be a gift.

Outside the Company: 

    • Generally, it’s still easier to get a job when you have a job, so consider the threat of a layoff as an opportunity to take action before you’re unemployed.
    • In addition to looking at job boards, start to meet with people you know throughout your community and industry.
    • Let them know that you’re considering what’s next and that you’d love their thoughts about who you should talk with.
    • You’ll need to share, in about 3 minutes, what you’ve been doing, the skills you want to offer, the kind of environment that’s great for you, and a few different ideas you have had for ways you could use those skills so that you prime your contact on ways to look on your behalf.

Consider a frank conversation with your boss.

  • You know your organization and whether or not this is ok to do.
  • If you have a good relationship with your boss or with someone in HR, consider having a conversation about your sense that there are layoffs in the works and that you’re starting to look around to protect yourself should that happen.
  • In some cases, you may be able to negotiate a separation package that lets you leave with benefits that you might not have received if you were laid off.
  • In others, the organization may be clear and direct about your value and fight for you to stay.

Reflect on whether there are things you can do on the side that bring in income and could create a bridge if you’re laid off.

  • Anything that gives you confidence that you will be ok supports you having greater confidence through this difficult time.

The threat of being laid off can be extremely challenging and you may find yourself frozen for a bit. But if you can start to take action on your own behalf, you’ll be much more prepared no matter what happens.

Waiting and hoping, while tempting, is not in your best interest!

If you’re fearing a layoff at your company
and would like to work together
on your career strategy, contact us today.

Leading When Bad Things Happen

Last week, we talked about When Bad Things Happen to Good Companies. Sadly, it happens more often than you’d think; so it makes sense to be as prepared as possible to lead through it.

Leading through it requires communication, a commitment to transparency, and a plan of action that moves you forward. It requires that you step into The Leader in You.

The Leader in You is a transformative and practical framework for stepping into your leadership regardless of your role or title or industry.

Leadership, as we define it, is the willingness to influence your world and the willingness to be influenced by your world. It’s a way of being in the world that lets you effectively lead your life and lead in your life.

Our Leader in You framework has 3 steps to help you take back a sense of authority and control in the face of painful and difficult events.

These are extremely important in preventing and recovering from bad things!

1. Pause

Pause and ask yourself, “Is what I’m about to do or say in alignment with my goals and the organization’s goals?”

  • Take a moment before you react to consider the goals that need to guide your behavior.
  • Reacting is not leadership, but responding to the crisis at hand is.

2. Reflect

Ask yourself: “What am I afraid of in this situation? What do I do when I feel that? What would I do if I felt safe?”

  • It’s important that you know what you’re afraid of and what reaction that elicits. It’s also critical that you take action from the best of you.
  • What you would do if you felt safe?

Then ask yourself: “What are they (my team, all staff, my family, etc.) afraid of in this situation? What do they do when they feel that? What would they do if they felt safe? How do I help them feel safe?”

  • As a leader, you’ll want to try to understand and have empathy for all that your people are experiencing, and to help them feel safe enough to be at their best!

3. Act with POWER

  • Consider what’s Possible in the situation.
    • Great leadership includes trusting that there are always opportunities inherent in the obstacles and challenges you face.
  • Own that you’ll lead toward success and share why it matters to you.
    • People want to follow a human, not an idea.
    • For you to be clear that you’re committed to moving forward and through the crisis and sharing your passion for the company, builds alignment behind you.
  • Create some We-focused goals (goals that you can share with others).
    • Most of your team wants to be a part of the solution but don’t know how.
    • Last week we talked about communicate, communicate, communicate – not just to them but with them, so that they feel a part of the “we” that’s going to come out the other side.
  • Enable action forward.
    • Movement on the plan will help rebuild confidence, identify where you need to communicate more or differently, and will help you assess what you need to do to support resilience in your team and organization.
  • Review and Refine . . . and learn.
    • This isn’t a one and done process. Be sure to check in with the team regularly to make sure that they have what they need to move forward successfully.
    • Learning from and through challenge is powerful and empowering. Don’t miss the opportunity.

Then do it again!

To help you remember these steps, we’ve provided a link so that you can download our helpful action guide and pocket card. We hope that you’ll use them to embrace and develop the Leader in You.

Click to download the Leader in You Action Guide.

Click to download the Leader in You pocket card to support you day-to-day.

NOTE: This card will print at 3″ x 5” if you select “actual size” when printing. 

If the sh!t has hit the fan at your company and you’d like support in engaging with your team and creating a plan to move forward, contact us today about Executive Coaching.