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Career Reinvention After a Layoff

Losing your job can be distressing. However, it can also present opportunities for reflection and reinvention. With some strategic planning and effort, a layoff can be the catalyst for an exciting career change. This article explores strategies and tips for reinventing your career after a layoff.

 

 

Assessing Your Skills, Interests and Values
The first step in career reinvention is an honest assessment of your skills, interests, and values. Make a list of your hard and soft skills, your passions and hobbies outside of work, and your core values. This exercise will give you critical insight into the types of jobs and work environments that will be the best fit for you moving forward. For example, if you value work-life balance, look for companies renowned for flexible schedules and remote work options.

Update Your CV
With fresh clarity on your skills and interests, update your CV. Be sure to include relevant skills, awards, certifications and metrics that demonstrate your value. Pay close attention to how to format a CV as this is often the first impression hiring managers will have of you. There are many CV templates online that can serve as a guide.

Explore New Career Possibilities
Conduct broad research on careers and companies that align with your skills, interests and values. Look beyond your previous scope. Talk to friends, family and former colleagues about suggestions. Reach out to connections on LinkedIn or social media for informational interviews. Sign up for job alerts and check job boards regularly. Consider part-time, freelance or consulting work to gain new experience. The more options you explore, the better chance you have of finding the right career path.

Pick One or Two Target Roles
After thoroughly exploring possibilities, narrow your focus to one or two target roles for a more effective job search. Customise your CV and online profiles for each target role. Refine your networking outreach and job search efforts with these specific positions in mind. With a defined focus, you are more likely to advance opportunities in your chosen new career direction.

Consider Reskilling or Retraining
Do you need to gain additional skills, credentials or education to be qualified for your target roles? Now can be the ideal time to reskill or retrain. Look into courses, certificates, bootcamps and even graduate programmes that will give you the hard and soft skills needed to pivot your career. Many programmes offer flexible online options. Check with local colleges about career counselling and job placement support as well. Investing in reskilling will make you more competitive.

Build Your Professional Network
Networking is pivotal when reinventing your career. Connect with professionals working in roles or industries you are targeting. Attend industry events and conferences, even virtually. Stay engaged with your alumni networks and community organisations. Set up informational interviews. The more people you connect with, the more likely you are to hear about unposted job openings and other career opportunities.

Polish Your Online Presence
In our digital era, your online presence matters. Make sure your LinkedIn profile is up to date and reflects your target roles. Consider writing industry articles to build your reputation. Maintain a professional presence on social media. Search your name online to ensure there is nothing that could have a negative impression on employers. A strategic online presence allows you to promote and brand yourself to prospective employers.

Ace the Interview
When you land an interview, thoroughly research the company and role. Practice answering common interview questions. Prepare examples that showcase your relevant skills and experience. Develop thoughtful questions to ask the interviewer. Dress professionally and express enthusiasm for the opportunity. Follow up promptly with a thank you note. With practice and preparation, you can excel in interviews as you launch your new career.

Consider Being Your Own Boss
If the right employment opportunities are not emerging, consider entrepreneurship. With some business savvy, capital and meticulous planning, you may be able to launch your own consulting firm or franchise business. Some of the best franchises to own like McDonald's, Starbucks and Anytime Fitness offer cheaper startup costs and built-in training support. Do thorough research before pursuing any business venture.

Don't Give Up
Reinventing your career takes time, effort and perseverance. There will inevitably be setbacks and rejections along the way. Persist in your search, learn from any misses and keep networking. With the right combination of patience and proactivity, you can facilitate an exciting career change. Use this transition as an opportunity to reflect on your strengths and pursue work you find genuinely fulfilling.

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