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Plan B for Career Resilience Strategy

PLAN B.

Planning to mitigate crises (e.g. job loss) is neither lack of faith nor confidence. You love that job. Sure, but before the executive management, it is just a number, draining resources [they usually think]. That explains why in U.S. they could fire 5k people overnight and sun will still rise and set.

No matter how comfortable you are in any position, take time to reassess your options if that position should go suddenly. You need to reduce the risk (yes, vulnerability) to any position. A quarterly evaluation helps you develop career resilience strategy. Where the transition phase is more than 3 months, you must revisit your plan.

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Dealing with the reality that you can lose that job does not take out your optimistic exuberance. It simply gives you moments to have a PLAN B. Develop one, revisit quarterly and have confidence that no matter what, your loved ones would not be under the sun or rain.

A shock absorber, just to avoid 'I didn't see it coming' moments. Only that human nature rarely admits reality, even when it's so close; there's always that temptation to look the other way.

The PLAN B is also applicable in backward strategic planning model, where you now assess your future losses, and see how the business could come out of the hole; if none of your options are viable, then it's time to rethink the investment or product launch.

Ofcourse the beautiful job could go anytime, but what happens when it does happen? Figure it out!