The Downturn Rite of Passage

Submitted by mauzenne on Sat, 01/03/2009 - 00:13.
in

This cast describes the reasons why leaving your company or industry in a downturn CAN be a bad idea, and recommends options to consider in those situations.

Too many professionals fail to realize that leaving their company or industry during a downturn has a long-term consequence – executives are expected to have experience navigating all the way through a slowdown.


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medphred's picture
Submitted by medphred on Mon, 08/02/2010 - 01:28.

Thought of Horstmans Wager when listening

 M&M,

Working my way thru casts and just got thru this one.  Actually thought of Horstmans wager as well....  What if you had just implemented, or thought of implementing, some strategies to cope with the downturn. But then you decided not to stick thru the downturn and jump ship.  And then your strategies actually worked!  

You'd get no credit for it and in fact your successor would get all the credit. Sort of the 4th quad of the Hortsmans Wager matrix.

Again, another great cast.  Keep 'em comin...