S3 Ep11: Starting Over: Building a New Career After a Layoff or Redundancy

Welcome to "Your Path To Career Success," where I, Kathryn, aka The Career Owl, guide you through navigating the complexities of your professional journey. 

Today, I’m discussing starting over and building a new career after a layoff or redundancy.

Life is unpredictable. One moment, you’re secure in your job, and the next, you’re facing a layoff. But what if this could be the start of something amazing?

Episode Highlights:

• Acknowledging Your Emotions: It's okay to feel a range of emotions. Accept and process them to build resilience.
• Shifting Your Mindset: Transition from focusing on loss to embracing new opportunities.
• Reassessing Values and Goals: Use this time to set new goals and explore your passions.
• Assessing Skills and Interests: Identify your transferable skills and potential new career paths.
• Exploring the Job Market: Research growing industries, network, and invest in upskilling.
• Crafting Your Personal Brand: Create a cohesive narrative to showcase your unique value.
• Self-Care: Establish a healthy routine, set realistic goals, and seek support.

Some useful resources:

Skills Inventory Template: https://www.thecareerowl.co.uk/uploads/1/2/0/2/120210428/skills_inventory_worksheet.docx 

Your Career Pathway: www.thecareerowl.co.uk/yourcareerpathwaytoolkit.html 

For more resources, visit my website www.thecareerowl.co.uk and follow me on LinkedIn.

Remember, every ending is a new beginning.

Stay tuned for more insights to help you navigate your professional journey. Until next time, keep striving for success and remember: the right mentor can make all the difference.

So, grab your favourite drink, settle in, and let's embark on this enriching journey together.
 
This episode marks the end of Season 3.  Season 4 commences on 31st July.

What next?

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 🦉If you are interested in working with me on a 1-2-1 basis then please book a slot in my calendar via https://calendly.com/thecareerowl.

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🦉Alternatively come and hang out with me on LinkedIn at www.linkedin.com/in/kathrynthecareerowl/
 
Stay tuned for more golden nuggets to help you navigate the winding roads of your professional journey. 

Transcript

Starting Over: Building a New Career After a Layoff or Redundancy

Welcome back to “Your Path To Career Success”, the podcast that's your compass in navigating the winding roads of your professional journey. 

I'm your host Kathryn aka The Career Owl, I'm thrilled to have you join me today where we're diving into a topic that many of us may face at some point in our lives: starting over and building a new career after a layoff or redundancy.

Life can be unpredictable. One moment, you’re secure in your job, and the next, you’re facing the daunting reality of a layoff or redundancy. But what if I told you that this unexpected turn could be the start of something amazing?

Today, we’ll explore how to navigate this transition, rebuild your confidence, and create a new path that excites and fulfils you. Grab your favourite beverage, cozy up, and let's embark on this enriching journey together.

Understanding and Acknowledging Your Emotions

First, let’s talk about acceptance. Losing a job is a major life change, and it’s okay to feel a range of emotions—from anger and sadness to fear and uncertainty. It’s important to acknowledge these feelings and give yourself permission to grieve. This process is crucial for your emotional well-being and can set the foundation for a more resilient mindset.

The Emotional Impact

The emotional impact of losing a job goes beyond the immediate concerns of financial stability. It can affect your self-esteem, your sense of purpose, and your daily routine. You might feel a sense of loss akin to mourning. This is normal. It's important to recognize that you're not just mourning the loss of income but also the loss of routine, purpose, and sometimes even your identity.

Talking It Out

One effective way to process these emotions is by talking to someone you trust. This could be a friend, family member, or therapist. Sharing your thoughts and feelings can provide relief and offer new perspectives. For some, joining a support group where others are going through similar experiences can be incredibly validating and empowering. Knowing that you’re not alone can make a significant difference.

Giving Yourself Permission to Grieve

Allow yourself to grieve. Give yourself the time and space to feel your emotions fully without judgment. Denying or suppressing these feelings can lead to prolonged distress and hinder your ability to move forward. Grieving is a natural and necessary process that helps you come to terms with your loss and prepares you for the next steps.

Shifting Your Mindset

Once you’ve given yourself time to process, it's crucial to shift your mindset from what you’ve lost to what you can gain. This shift is not about minimizing your loss but about opening up to new possibilities.

Every Ending is a New Beginning

Think of this as an opportunity to reassess your values, goals, and passions. Every ending is a new beginning. This moment of transition can be a powerful catalyst for personal growth and transformation. It allows you to take stock of what truly matters to you and align your future actions with your core values and aspirations.

Reassessing Your Values

Start by reassessing your values. What is most important to you? Is it work-life balance, creativity, making a difference, or financial security? Understanding your values can help you make decisions that are more aligned with who you are and what you want from life.

Setting New Goals

Next, set new goals. These goals should reflect your reassessed values and passions. They don't have to be monumental. Start with small, achievable goals that can give you a sense of progress and accomplishment. Over time, these small steps can lead to significant changes and opportunities.

Discovering Your Passions

Finally, explore your passions. This is a time to reconnect with what makes you feel alive and excited. Ask yourself:

• What have you always wanted to do?
• What makes you excited to get out of bed in the morning?

Consider these Self-Reflection Questions

• What activities or hobbies have always brought you joy?
• When do you feel most in your element?
• What topics or causes are you naturally drawn to?
• If you could try any career without worrying about money or failure, what would it be?

Engaging in New Experiences

Engage in activities that spark your curiosity and enthusiasm. Take up a new hobby, volunteer for causes you care about, or enrol in a class that interests you. These experiences can not only provide fulfilment but also open doors to new career opportunities.

Building a Vision for Your Future

By focusing on what excites and motivates you, you can start to build a vision for your future that is both fulfilling and inspiring. This vision will guide you as you navigate your career transition and help you stay focused on what truly matters to you.

Acceptance is the first step in turning a challenging situation into an opportunity for growth. By acknowledging your emotions, seeking support, and shifting your mindset to focus on new possibilities, you can pave the way for a fulfilling and exciting new chapter in your life. Embrace this transition as a chance to rediscover yourself, set new goals, and pursue your passions.

Assessing Your Skills and Interests

The Importance of Self-Assessment

Next, let’s move on to assessing your skills and interests. This step is crucial because it allows you to gain a clear understanding of your capabilities and passions. Taking stock of your experiences, strengths, and accomplishments can be an enlightening exercise, helping you realise how much you’ve learned and how those skills can transfer to new industries or roles.

Conducting a Comprehensive Skills Inventory

Start by conducting a comprehensive skills inventory. This involves looking at both your technical and soft skills, as well as your passions and interests.

1. Technical Skills

Technical skills are the specific abilities and knowledge required to perform particular tasks. These skills are often industry-specific and can include:

• Software Proficiency: Familiarity with various software applications, programming languages, and tools relevant to your field.
• Technical Knowledge: Understanding of industry-specific processes, methodologies, and best practices.
• Industry-Specific Skills: Expertise in areas such as data analysis, project management, financial modelling, or marketing strategies.

2. Soft Skills

Soft skills, also known as interpersonal or people skills, are essential for effective communication and collaboration. These skills are highly transferable and valuable across various roles and industries. Consider your abilities in areas such as:

• Communication: Both verbal and written communication skills, including the ability to convey ideas clearly and listen actively.
• Leadership: The capacity to inspire and motivate others, manage teams, and lead projects.
• Problem-Solving: The ability to analyse situations, identify issues, and develop effective solutions.
• Adaptability: Flexibility and resilience in the face of change, and the ability to learn and grow from new experiences.

3. Passions and Interests

Identifying your passions and interests is equally important. These are the activities and topics that you naturally gravitate towards and enjoy. They can provide valuable insights into potential career paths that align with your intrinsic motivations. Reflect on:

• Activities that Make You Lose Track of Time: Consider hobbies, projects, or tasks that you get deeply absorbed in.
• Issues You Care Deeply About: Think about causes, subjects, or challenges that ignite your passion and commitment.

Creating a Detailed List

Documenting your skills and interests in a detailed list can provide clarity and direction. This inventory will serve as the foundation for your next steps, guiding you as you explore new career opportunities. Here's how you can organise your list:

• Technical Skills: List specific software, tools, programming languages, and technical knowledge.
• Soft Skills: Highlight key interpersonal skills, including examples of how you’ve demonstrated these skills in past roles.
• Passions and Interests: Describe activities, hobbies, and causes that energize and inspire you.

Seeking Feedback and Insights

It’s also helpful to seek feedback from colleagues, mentors, or a career coach. They might see strengths and potential in you that you haven’t recognized. Here’s how you can gather valuable feedback:

• Colleagues: Ask current or former colleagues for their observations on your strengths and contributions. They might highlight skills and qualities you’ve overlooked.
• Mentors: Seek advice from mentors who know your work and career aspirations. They can provide guidance on how to leverage your strengths in new contexts.
• Career Coaches: Consider working with a career coach who can offer professional insights, help you identify transferable skills, and guide you in your career transition.  I have my Unlock Your Career Potential” support package —a dedicated career coaching service designed to provide you with the personalised support, guidance, and tools you need to thrive in your professional journey with Six One-to-One Coaching Sessions over a minimum 3-month period.  Drop me a DM if you would like to find out more about this.

Reflecting on Feedback

Reflect on the feedback you receive and compare it with your own self-assessment. Look for common themes and areas of alignment. This can help you gain a more comprehensive understanding of your skills and potential.

Identifying Transferable Skills

One of the key outcomes of this exercise is identifying transferable skills—those abilities that are valuable across different industries and roles. Transferable skills can make you more adaptable and open to a wider range of career opportunities. Examples of transferable skills include:

• Project Management: The ability to plan, execute, and oversee projects, regardless of the industry.
• Analytical Thinking: The capacity to analyse data, identify trends, and make informed decisions.
• Customer Service: Skills in understanding and meeting customer needs, applicable in various roles and sectors.

Exploring Potential Career Paths

With a clear inventory of your skills and interests, you can begin to explore potential career paths that align with your strengths and passions. Consider industries and roles that:

• Match Your Technical Skills: Look for opportunities that require your specific technical expertise.
• Utilize Your Soft Skills: Identify roles where your interpersonal skills are highly valued.
• Align with Your Passions: Seek out careers that resonate with your interests and values.

Assessing your skills and interests is a powerful step towards creating a fulfilling career path. By taking stock of your experiences, strengths, and passions, and seeking feedback from others, you can build a solid foundation for your next steps. This self-awareness will not only help you navigate your career transition but also enable you to pursue opportunities that truly excite and fulfil you.

Understanding the Evolving Job Market

Now, let’s explore new opportunities. The job market is constantly evolving, and there are countless career paths you might not have considered. Rapid advancements in technology, shifting economic trends, and the rise of remote work have created new possibilities across various sectors. Embracing this dynamic environment can open doors to exciting and fulfilling career options.

Researching Industries of Interest

Start by researching industries that interest you. Consider sectors that are experiencing growth and innovation. For example:

• Technology: With the increasing reliance on digital solutions, technology remains a booming industry. Roles in software development, cybersecurity, data analysis, and artificial intelligence are in high demand.
• Healthcare: The healthcare sector is expanding rapidly, especially with the aging population and ongoing public health challenges. Opportunities range from medical professionals and healthcare administration to biotechnology and health informatics.
• Renewable Energy: As the world shifts towards sustainable energy solutions, the renewable energy industry offers a variety of roles in engineering, project management, and environmental science.
• Remote Work Opportunities: The rise of remote work has created flexibility and new job opportunities in areas like digital marketing, virtual assistance, online education, and remote customer support.

Networking: Building Connections and Learning from Others

Networking is key to exploring these new opportunities. Building connections with professionals in fields you’re curious about can provide valuable insights and open up job prospects. Here are some strategies to enhance your networking efforts:

• Reach Out to People in Your Network: Start with your existing network. Reach out to friends, former colleagues, and acquaintances who work in industries that interest you. Informational interviews can help you understand the field better and provide guidance on how to break into it.
• Join Industry Groups on LinkedIn: LinkedIn is a powerful tool for networking. Join industry-specific groups to stay updated on trends, job openings, and discussions. Engage in conversations, share your insights, and connect with like-minded professionals.
• Attend Webinars and Local Meetups: Participate in webinars, conferences, and local meetups related to your areas of interest. These events offer opportunities to learn from experts, ask questions, and build relationships with potential employers or collaborators.

Upskilling and Reskilling: Investing in Your Professional Development

It’s also a great time to upskill or reskill. Acquiring new knowledge and competencies can make you more competitive in the job market and open up new career paths. Many online platforms offer free or affordable courses in a wide range of subjects. Here are some popular resources:

• Coursera: Offers courses and certifications from top universities and companies in fields like data science, business, and computer science.
• Udemy: Provides a vast array of courses on topics ranging from technical skills to personal development.
• LinkedIn Learning: Offers professional development courses that can be directly showcased on your LinkedIn profile, enhancing your visibility to recruiters.

Taking courses on these platforms can not only boost your CV/Resume but also show potential employers that you’re proactive and committed to your professional development. Look for certifications or credentials that are recognized in your desired industry to add even more value.

Crafting Your Personal Brand: Showcasing Your Unique Value

With new skills and a clear direction, it’s time to craft your personal brand. Your personal brand is how you present yourself to the professional world, encompassing your resume, LinkedIn profile, cover letters, and any online presence. Here’s how to create a compelling personal brand:

Creating a Cohesive Narrative

Your CV/resume, LinkedIn profile, and cover letters should all tell a cohesive story about who you are and what you bring to the table. Highlight your unique strengths and experiences, focusing on how they align with the roles you’re seeking. Remember, it’s not just about listing your past jobs—it’s about showing how your journey has prepared you for this new chapter.

Highlighting Unique Strengths and Experiences

Identify key achievements and experiences that demonstrate your skills and value. Use specific examples and quantifiable results to illustrate your impact. This makes your profile more compelling and credible.

Developing an Online Presence

Consider creating a personal website or portfolio to showcase your work. This is especially important if you’re moving into fields like design, writing, or marketing. A strong online presence can set you apart and make you more accessible to potential employers or clients. Include:

• A Professional Bio: Summarize your career journey, key skills, and what drives you professionally.
• Portfolio of Work: Showcase projects, case studies, or examples of your work that highlight your skills and achievements.
• Blog or Articles: Share your insights on industry trends, professional experiences, or topics you’re passionate about. This positions you as a thought leader and engages your audience.

Engaging with Your Network

Consistently engage with your network through social media, blog posts, and professional groups. Share your learning experiences, industry insights, and updates on your career journey. Active engagement keeps you visible and top-of-mind for opportunities.

The Importance of Self-Care

Lastly, but most importantly, take care of yourself. Starting over can be exhausting and stressful. Transition periods, especially after a job loss or career change, are challenging and can take a toll on both your mental and physical health. Therefore, it's crucial to prioritise self-care to maintain resilience and positivity throughout this journey.

Establishing a Healthy Routine

One of the most effective ways to take care of yourself is by establishing a routine that supports your overall well-being. A structured daily schedule can provide a sense of normalcy and control during uncertain times. Here are some key components to include in your routine:

1. Exercise

Regular physical activity is essential for maintaining both physical and mental health. Exercise can reduce stress, improve mood, and boost energy levels. Find activities that you enjoy, whether it's jogging, yoga, cycling, or simply taking a walk. Aim to include at least 30 minutes of moderate exercise in your daily routine.

2. Healthy Eating

Nutrition plays a vital role in your overall well-being. Focus on a balanced diet rich in fruits, vegetables, whole grains, lean proteins, and healthy fats. Avoid excessive consumption of caffeine, sugar, and processed foods, as these can contribute to stress and fatigue. Stay hydrated by drinking plenty of water throughout the day.

3. Plenty of Rest

Adequate sleep is crucial for mental clarity, emotional stability, and physical health. Aim for 7-9 hours of sleep each night. Establish a calming bedtime routine to help you unwind, such as reading a book, taking a warm bath, or practicing relaxation techniques like deep breathing or meditation.

Setting Realistic Goals

Set realistic goals and celebrate your progress, no matter how small. Breaking down larger tasks into manageable steps can make them less overwhelming and more achievable. Celebrate each milestone, as acknowledging your achievements can boost your confidence and motivation.

Mental and Emotional Well-Being

Taking care of your mental and emotional well-being is equally important. Here are some strategies to support your mental health during this transition:

1. Mindfulness and Meditation

Practicing mindfulness and meditation can help reduce stress and increase your ability to cope with change. Even a few minutes of meditation each day can improve your focus and emotional balance. There are many apps and online resources available to guide you through mindfulness practices.

2. Journaling

Keeping a journal can be a therapeutic way to process your thoughts and emotions. Writing down your feelings, goals, and reflections can provide clarity and help you manage stress. It can also serve as a record of your journey, highlighting your progress and growth over time.

3. Positive Influences

Surround yourself with positive influences. Connect with supportive friends, family members, and colleagues who uplift and encourage you. Their positivity can help you stay motivated and resilient. Limit interactions with individuals who bring negativity or add to your stress.

Seeking Help and Support

Don’t be afraid to seek help when you need it. There are numerous resources available that can offer guidance and support:

1. Support Groups

Joining a support group can provide a sense of community and shared experience. Whether in-person or online, these groups offer a space to share your journey, exchange advice, and receive encouragement from others who are in similar situations.

2. Career Guidance Practitioners

Consider working with a career coach. These professionals can offer personalised advice, help you navigate the job market, and provide strategies for achieving your career goals. They can also assist with resume building, interview preparation, and networking techniques.

3. Online Communities

Engage with online communities related to your interests or career aspirations. Platforms like LinkedIn, Reddit, and specialized forums can connect you with like-minded individuals, industry professionals, and potential mentors. These communities often share valuable resources, job leads, and support.

Embracing the Journey

Remember, this journey is yours and it’s okay to take it one step at a time. Embrace the process, acknowledging that it is normal to feel a range of emotions and to face setbacks. Each step you take, no matter how small, is a move towards a brighter future.

Conclusion

Navigating the aftermath of a layoff or redundancy is undoubtedly challenging, but it can also be a powerful catalyst for personal and professional growth. While it’s natural to feel a sense of loss and uncertainty, viewing this period as a unique opportunity for reinvention can transform your experience. By accepting the change, assessing your skills and interests, exploring new opportunities, crafting a personal brand, and taking care of yourself, you can turn this setback into a comeback.

Remember, every ending is a new beginning. This is your chance to build a future that truly excites and fulfils you. Embrace the journey with an open mind and a positive attitude, knowing that each step you take is bringing you closer to your goals. By turning this setback into a comeback, you can create a rewarding and successful future.

That’s it for today episode of “Your Path To Career Success”.  Starting over after a layoff or redundancy can be daunting, but it’s also a powerful opportunity to reinvent yourself and pursue a career that truly aligns with your passions and skills. By accepting the change, assessing your strengths, exploring new opportunities, crafting your personal brand, and taking care of yourself, you can turn this challenging moment into a launchpad for success.

If this episode lit a fire within you, hit that subscribe button, share the love with a review, and spread the wisdom with your friends and coworkers. Alternatively follow me on LinkedIn Kathryn Hall “The Career Owl”.

Stay tuned for more golden nuggets to help you navigate the winding roads of your professional journey. 

And remember, every ending is a new beginning.