Weekly News via Email
   Set as homepage | Add to favorites | Customer Service | Subscribe Now | Place an Ad | Contact Us | Sitemap Saturday, 08.30.2014
Classifieds
News Archive
Su Mo Tu We Th Fr Sa
 1  2  3
 4  5  6  7  8  9  10
 11  12  13  14  15  16  17
 18  19  20  21  22  23  24
 25  26  27  28  29  30
Online Extras
Site Services
Around Bend
Outdoor Fun
Travel Info
Shop Local




Members Of



Poll: Today's Live Poll
Email to a friend | Print this | PDF version | Comments (0 posted) 
  Blogger |   del.icio.us |   digg |   newsvine

Nov 02,2007
In an uncertain world, workers need a Plan B
by Michael Kinsman

Several years ago, I was summoned to a meeting with three of my editors.

At the time, I was working in a satellite office and I had little idea of what was going on at the main office. But when my boss, her boss and his boss called me to a meeting, I knew it wasn't good.

They set up a meeting at a restaurant and we agreed to meet there at noon.

All I could think is that they were going to fire me and they had arranged to do it in a public setting so I couldn't yell and scream and jump up and down.

I got nervous on the way to the meeting not because I feared being fired, but because I realized I didn't have a Plan B.

That's the way it is in life. Most of us think we have a Plan B in place for our careers, yet when the chips are down, that semi-formulated Plan B kind of melts away.

But there is no excuse these days not to have a Plan B.

No one's job is 100 percent secure and no one can predict what economic or technology changes are going to do to our workplaces in the months or years ahead. We are living in a time of dramatic workplace churn and we need to adjust our attitudes to deal with it.

In their book, "I Didn't See It Coming" (Wiley, $24.95), two former broadcast executives and a professor of industrial/organizational psychology make the case that we all may face turmoil in our jobs, that there are warning signs around us that we often don't recognize or take to heart, and that there are things we can do to prepare ourselves if our work world crumbles.

Executives Nancy C. Widman and Amy Dorn Kopelan and Dr. Elaine J. Eisenman lament that professionals often get blindsided in their jobs because they aren't grounded and respectful of the risks that exist in every business environment.

One of their soundest ideas is to develop an exit strategy from our jobs.

That might sound rather like Harvard Business School jargon, but it is important to everyone to be prepared.

They offer four elements that we should put in place:

- Create an exit fund. Having a financial cushion in case your displaced seems sound enough, yet how many of us have stockpiled cash for that day?

- Organize a personal board of directors. Pull together a group of advisers - outside of your workplace - who know you strengths and weaknesses. But make sure these people don't have an emotional link to you.

- Increase your marketability. Think realistically where you want to be in a few years, make sure you have the skills to get there and then draw up a game plan for getting there.

- Leverage your contacts. It's tough to keep up professional contacts, but if the day arrives when you need them, the extra work you put in will be well worth it. These are the people that are going to help you rebound.

As it turns out, I didn't lose my job that day I had the ominous meeting with three editors. We had a wide-ranging discussion about the future and I got a free lunch.

But on the way back to the office, I decided it was time to get busy with my own Plan B.

© Copley News Service
1090 times read

Related news
Bosses are the keystones to building employee morale by Michael_Kinsman posted on Feb 01,2008

Bulletin Board: Office resolutions countdown by Amy_Winter posted on Dec 28,2007

A good boss is hard to find by Michael_Kinsman posted on Dec 28,2007

Work Daze: Unwired! by Bob_Goldman posted on May 18,2007

Author lists 45 ways we torpedo our careers by Michael Kinsman posted on Feb 23,2007

Did you enjoy this article? Rating: 5.00Rating: 5.00Rating: 5.00Rating: 5.00Rating: 5.00 (total 2 votes)

Market Information
Breaking News
Most Popular
Most Commented
Featured Columnist
Horoscope Guide
Aquarius Aquarius Libra Libra
Aries Aries Pisces Pisces
Cancer Cancer Sagittarius Sagittarius
Capricorn Capricorn Scorpio Scorpio
Gemini Gemini Taurus Taurus
Leo Leo Virgo Virgo
Local Attractions
Bend Visitors & Convention Bureau
Bend Visitors & Convention Bureau

Mt. Bachelor Resort
Mt. Bachelor Resort

Les Schwab Ampitheater
Les Schwab Ampitheater

Deschutes County Fairgrounds
Deschutes County
Fairgrounds

Tower Theatre
Tower Theatre

The High Desert Museum

Advertisements



Deschutes County

Google  
  Web    BendWeekly.com
© 2006 Bend Weekly News
A .Com Endeavors, Inc. Company.
All Rights Reserved. Terms under
which this service is provided to you.
Please read our Privacy Policy. Contact us.
Bend Weekly News & Event Guide Online
   Save the Net
Advertisement
External sites open in new window,
not endorsed by BendWeekly.com
Subscribe in NewsGator Online
Add to Google Add to MSN Add to My AOL
What are RSS headlines?