Tuesday, 30 June 2020

Mid-Career Crisis : Get Over It!

“Success is not final, failure is not fatal: it is the courage to continue that counts.” - Winston Churchill

 

Almost everyone experiences mid-career crisis their corporate lifespan. Some of them drive ahead while the rest remain stuck with old responsibilities, designations and salaries. Some of the problems faced by a corporate executive after certain years (8 to 15) of experience can be listed as below: 

 

  • Scope of further growth seems scarce 
  • No new learnings or no value addition in the professional life
  • Compensation is not according to knowledge and experience level 
  • No scope of promotion or very late promotion
  • The job profile is not aligned with the skillset and knowledge 
  • No job satisfaction 
  • No job security, fear of unknown or opaque future 
  • You are apathetic towards your work and often disinterested in achieving greater results
  • You are impatient, defensive and disgruntled
  • Boredom 
  • FOMO – Fear of missing out - a widely-known cognitive bias

 

This is called mid carrier crisis.

 

Above mentioned are the problems, now let’s focus on the solutions! 

Let me address the above pointers to help you avoid these common mistakes and prepare you to fight your mid-career crisis.    

 

We can divide our corporate career into four stages. In the first stage, we choose our career path, acquire relative knowledge and skills to start our journey. The confidence level is at peak and enthusiasm is on point. The sky seems to be the limit! The second stage is the first few years of our career, where we learn new things, complete some projects and achieve new heights. The mind wants to know more, learn more and do more. The third stage of career starts when we pass through mid-career. This stage is again different for different people. In this stage, we have considerate years of work experience. We begin to handle big teams and have frequent interactions with top management. Your opinions matter and subordinates seek your guidance. We may handle multiple domains like delivery, service and presales. Despite seemingly content, we feel dissatisfied and stuck. This stage is the onset of confusion and sometimes we don’t know where to go further. Occasionally, we start doubting on our previous decisions.

 

Have you ever thought why a general corporate employee faces such mid carrier crisis and what can they do to overcome such scenarios? Listed below are the three steps to recognize, target and solve such complications:

 

1.     Accept that you have a problem! 

Be realistic and accept that you are going through a mid-career crisis. Many times, people don’t know that they are experiencing it and fail to mark the red flags. The acceptance brings courage to pin it down and work towards it. It will instigate you to take some corrective measures.    

 

2.     Time to Introspective and Analyze!

As per my experience, emerging out of such a crisis is not as hard as it may seem. If you look back at your significant years of experience, you will see that the solution was right there all along. The only thing needed is to retrospect. Walkthrough your stages carefully and analyze based on your current situation and capability. Identify the problem area, make note of where you are lagging and start working on it.

 

3.     Hit the Bull’s Eye! 

The crisis is not the same for everyone. Hence, different solutions are applicable. It’s not a one size fits all path. “Trial and Error” method is one way to experiment and see what works best for you and what doesn't. Identify your strengths and weaknesses. Play to your pros and be aware of your cons. For example, collaboration maybe your weakness area. Work on that area, there are lots of tools and techniques available, apply it and come out of this situation. It is not a big deal! Below are some of the suggested solutions that you can apply according to your needs:    

 

Be passionate! 

Best fit opportunity is more important than the best opportunity. Be patient and follow your passion. Look for organizations aligned with your passion. You never know when an opportunity will come up. Plan and execute your battel systematically. Be strategic and pull yourself out of the crisis with a new instilled zeal to achieve what you always wanted to.

 

Define your goal

Success is a huge platter that appeals to different people with different tastes. There are diverse forms of success. For some, it can be wealth, respect or fame. There are five keys to success - Determination, Skill, Passion, Discipline and Luck. Rome was not built in a day nor can a successful career. You are the artist of your career canvas. Analyze, learn from your mistakes and paint your future yourself.   

 

Upgrade yourself!

You must be upgrading your gadgets now and then. Why can’t we upgrade our self? If you feel that there are no new learnings in your workspace, upskill yourself! Complete your education in your area of expertise, gain certifications, attend training, workshops, seminars and conferences. Keep yourself and your resume updated. This will form the path to walk out of your crisis. Your supervisor and colleagues will see the difference in you and based on your new acquired skills they may provide you with more responsibility and accountability.   

 

Keep an eye!

Take Arjuna from Mahabharata as an example and keep your goal in sight. Never build a comfort zone, instead keep looking for opportunities to reach your end goal. These opportunities may be in your existing organization or outside and sometimes you may have switch fields as well. Spencer Johnson beautifully explained this concept in his book “Who moved my cheese”. In modern times, career is no longer linear, and we have abundant options available. There can be multiple career paths within one lifespan. I have seen many examples where an individual started with a certain professional calling, but later changed it midway to a different profile and ended up successful. Bollywood actor Akshay Kumar, for example, was a cook by profession who later changed his path to becoming a superstar. 

 

Crisis be the Blessing in Disguise!      

Recharge and Rejuvenate. This mid-career crisis can be a time to relieve yourself of the rat race. Its time to take a break and spend some quality time with loved ones. Go for a sabbatical and do the things which you always wanted to do. Travel the world, learn Yoga, practice meditation or write a book. Do whatever you could not because of the work pressure.  

 

Meet with a career counsellor

If none of the above options works for you then you may consider taking professional help from a career counsellor. They take aptitude and achievement assessments. Your interests, backgrounds, skills, abilities, education, and training will be evaluated by them. Based on those evaluations the counsellor will provide advice to help you plan realistic goals and manage your journey through professional life, learning and work changes.

 

Change is Constant.

Nothing is permanent in this world. No matter what problems or issues you are facing in your professional life at present, it will change sooner or later. Obviously, it will not be spoon-fed! You need to work for it. Don’t stress yourself too much worrying about the situation. Heraclitus said - There is nothing permanent except change. 

 

Love what you do!

Find meaning in your current job. List out the activities that give you joy and pleasure in your current work profile. Look at how your work benefits other people’s lives. Passion can evolve and change - keep your mind flexible and open to circumstances. Listen to your heart and take a stand. Accept your weirdness. Embrace your uniqueness to develop yourself further, discover more in life and explore your true self.  

 

Reboot and Refresh!

Just like computers you need to reboot yourself after a bad crash. If you don’t like the view from where you stand you can always walk new roads. Look for the new opportunities if you feel that the current position is not working for you. Switching can be tough but if you are good at what you do, there will be no problem in getting in new jobs. You can contemplate to re-start your career. It can be refreshing to work with a new project, new team, new boss, new environment and new organization. Starting afresh can be a good way to get rid of the saturation.

 

Mid-Career Crisis is nothing but a hurdle in the road to success. Such hurdles are faced and overcome in small or big aspects of our lives. Everyone faces it at least once! You should always keep climbing up but at times you reach a point where the stairs seem vague. The mid-career crisis is a big fall, but you need to strategically plan to gather yourself up and have the courage to rise like a phoenix.

 


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