How to come back
Our interviews with some 300 derailed CEOs and other professionals, as well as our scholarly leadership research, consulting assignments, and personal experiences, have brought to light five key steps for rebounding from career disaster. Anyone trying to recover from a catastrophic setback can use these steps to match, or even exceed, their past accomplishments:
* Decide how to fight back. Pyrrhic victories will hurt you by calling attention to the accusations leveled against you. But when your reputation is unfairly damaged, you must take quick action.
* Recruits others into battle. Friends and family can provide comfort and perhaps, some perspective in your hour of need. But acquaintances may be more important in landing the next job.
* Recover your heroic status. Deposed leaders are often advised to sign nondisparagement agreements. Don’t do it. Engange instead in a multitiered campaign to clear your reputation and restore your stature.
* Prove your mettle. After suffering career disaster, you will probably have doubts about your ability to get back to the top. You must overcome that insecurity and in the process find the courage to prove to others – and yourself- that you have not lost your magic touch.
* Rediscover your heroic mission. It is the single minded pursuit of a lasting legacy that sets great leaders apart. To recover from a disastrous setback, find a new heroic mission that renews your passion and creates new meaning in your life.
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