As an operations director at a manufacturing company, Marlow was on the fast track for growth. In the last year, her team had doubled in size, thanks in large part to her ability to shepherd them through turbulent change and push through a number of important supply-chain initiatives.
How to Advance Your Career When Your Company Is Downsizing
Spending freezes and job cuts don’t have to sink your prospects.
June 19, 2023
HBR Staff/Simone Hutsch/Unsplash
Summary.
Advancing your career during a company downsizing requires a shift in your mindset and actions. In this article, the author offers five strategies to turn adversity into a stepping stone for your professional growth: 1) Reframe your thinking. 2) Fill the vacuum. 3) Look for quick wins. 4) Negotiate for later. 5) Make a sideways move.
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New!
HBR Learning
HBR Learning
Career Management Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Career Management. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
What's your next career move? Learn how to set yourself up for success.