Marlow, an operations director at a manufacturing company, was doing great in her career. Her team had grown twice its size in just a year, largely due to her skill in managing change and implementing key supply chain projects.
She was all set for a big promotion to vice president of process optimization, a role she had been aiming for to make a bigger impact in the company. But then, the market went downhill, and the company's profits dropped. Tough choices followed. Marlow's thriving team was halved, and the vice president position she was looking forward to was canceled. She was leftThis situation, like Marlow's, is something many leaders and professionals are facing.
Companies are constantly evolving due to new technologies, market shifts, or changing customer needs. You should be prepared for both big and small changes at any time. Difficult periods show what you're made of and where you're needed most as a leader. Try to view these challenging times as crucial moments that give you the chance to prove your worth and emerge as a strong, influential leader who can drive positive change.
Marlow, despite the challenges, quickly understood the need to cut costs in the tough economic period and to concentrate on the most important parts of the business. She shifted her team's focus to only the most critical operations, putting aside several innovative projects. It was a tough choice, but her smart decision-making didn't go unnoticed by the higher-ups, who valued her strategic approach.In challenging times, quick results can make a big difference.
A sideways move also introduces you to new colleagues, broadening your professional network. This can lead to collaborations on upcoming projects, mentorship chances, and a better grasp of the company's internal dynamics. You'll also meet new key players, including decision-makers and senior leaders. TheAdvancing your career during a company downsizing means adjusting how you think and act.