Rebounding After a Career Disaster

Suffering from a career setback can be one of life?s most traumatic events. In an economic climate where unemployment is growing, many will be feeling this particular pain. For many, after years of economic stability and success, this may be their first taste of failure. While adversity can devastate the toughest human beings, it can also inspire them to greater things. This article, based on research and interviews with CEOs, offers a guide to rebounding from career setbacks. Citing numerous examples of great leaders who have suffered from being ousted or let go, or who have had their reputations tarnished in some way, the author considers the societal, institutional and psychological barriers to recovery. He then shares some key strategies, using reputation management and support networks, to regain control and rediscover a new heroic mission.