Oct 28 2024 16 mins 2
Landon was let go from being a CFO and after much looking for jobs accepted the position of Senior Accountant. (A significant step down)
Is it possible that Landon just tanked his career/earning potential/and employment trajectory?
It's possible. But not if he follows the advice of The Job Doctor.
It might seem counterintuitive, but taking a lesser role after being a CFO can actually be a smart career move. It's all about perspective. Maybe you're prioritizing work-life balance or want to dive deep into a new area. This "step back" could be a strategic leap forward – think of it as a chance to explore a new industry or master a specific skill.
Don't let your CFO experience go to waste! Mentor your colleagues, sharing your financial wisdom. This keeps you sharp and establishes you as a leader, even without the title. Jump into projects that let you flex those strategic thinking muscles. Show everyone what you're capable of!
Networking is key, no matter where you are in your career. Stay connected with your old CFO crew, but also build relationships in your new role. A wider network means more opportunities.
Finally, be ready to explain your decision. Frame it positively – talk about your motivations and goals. And when you discuss your experience, highlight those transferable skills. You've got this!
Stepping back doesn't mean stepping down. With the right mindset and approach, it can be a powerful move for your career.
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