Layoff Survival Guide: 12 Career Transition Strategies For Executives

My latest Forbes Coaches Council article reveals twelve strategies you might employ should a layoff impact your job.

Whether you're facing uncertainty or looking to manage your career proactively, this brief guide offers both tried-and-true and some unique ideas that may help you navigate your next career move with greater confidence.

I've included the article here.

Here are some highlights from just a few of the twelve ideas from the article:

• Continuing Education & Networking: Boost your leadership and business acumen through specialized programs. Learn how an Ivy League program helped one of my clients expand his global network.

A foreword thinking approach would be to make a strategic investment by earning a specialized or executive program certification. One of my clients who had been laid off negotiated a severance package that included an Ivy League executive management program which expanded his leadership and business knowledge and his global network at the same time.

• Alternative Income Streams: Explore beyond traditional financial advice. From starting a podcast to board positions, discover ways to monetize your expertise.
• Executive-Level Therapy: Maintain your mental well-being with specialized support tailored to your unique pressures and responsibilities.
• Severance Negotiations: Gain insights into effectively negotiating your severance to align with your needs, with expert advice from industry leaders. I point out a great article by Sarah Johnston featuring Paul Levy .

Don't hesitate to negotiate to help your package suit your needs better.

• Internal Opportunities: Show your dedication and adaptability by exploring cross-functional roles within your organization.
• Crafting Your Value Proposition: Stand out in a competitive job market by developing a unique value proposition based on your core strengths and leadership style. I particularly like using the YouMap LLC Career Profile Assessment. The #youmap was created by author KRISTIN A. SHERRY .
• Interview Prep: Prepare your SOAR stories. Listen to the episode of Mac Prichard 's Find Your Dream Job podcast: How to Answer Any Behavioral Interview Question.
• Networking and Job Search Strategies: I share resources highlighting the work of authors Steve Dalton , Dr. David Burkus , John David Mann & Bob Burg .

For a deeper dive into these strategies and more, you can read the full article on Forbes with links to the resources above and arm yourself with the knowledge to thrive in times of transition. Don’t just plan for continuity—open doors to new opportunities that align with your professional growth before layoffs occur.

Thanks for reading the Career Velocity newsletter!

#jobs #careers #management