My latest article on Forbes: Five Ways to Become Layoff-Proof in A Streamlining Market
Nobody wants to lose their job, but layoffs are a reality in today’s climate. So, the question is, how do you become “layoff-proof”? Does such a thing exist? I believe it does. There are a few things I’ve learned, having gone through two layoffs myself and now providing executive coaching to develop progressive leaders. Before we get to the five ways leaders can weather the storm of a layoff, let me define for you what “layoff-proof” means, as it serves as the foundation for these strategies.
To be layoff-proof means an individual has assessed their existing credentials and skills and compared these to what the market demands so they can identify any current skill gaps. Based on these identified gaps, the individual will take action to up-level their skills and decrease the gap, increasing their opportunity potential.
Understanding how to make yourself “layoff-proof” will equip you with the tools needed to properly manage your career and not let your career manage you. It is ultimately what separates a person from being a “driver” versus a “passenger” in their life.
Thankfully, there are things professionals can do to command their future and demonstrate strong leadership skills.
1. Invest in your own professional development. According to the 2017 Workplace Learning Report conducted by LinkedIn Learning Solutions, 69% of learning and development professionals say talent is their company’s first priority. Some companies are increasing their budgets in this area, while others have budget constraints. To avoid the gamble of training opportunities not being made available, leaders must be willing to invest in their own development. Doing so also ensures the training is a good match for any skill gaps that need to be filled.
2. Build a personal dream team. The world revolves around relationships. Surrounding yourself with the right people can be the determining factor that connects you to the right opportunity or opens the right door. John Bennett, director of the Master of Science and executive coaching and assistant professor of behavioral science at the McColl School of Business at Queens University of Charlotte, says: “between 60-80% of jobs are found through personal relationships.” Think about your network and identify key influencers in your industry, workplace, community and any organizations you are affiliated with. Establish, build and cultivate a relationship with a diverse group of people who align with your career goals. Then strategically meet with them on a regular basis to stay in tune with the ebbs and flows of the market. It will also help to have some of these individuals serve as mentors and coaches.
Check out the rest of the article on Forbes by clicking here.