White Collar Layoffs, the Stockdale Paradox, and a FREE Team Learning Offer
Lead Star, April 6, 2020
There’s a lot in that subject line, we know. Let’s jump in.
We recently surveyed our Crisis Cohort* about possible layoffs during this time. More than a third of those responding (35.5%) fear they are at risk of losing their jobs and about half (48.4%) are concerned their team members will.
It’s clear many of us are at risk of experiencing disruptions to our livelihood, to include the security of our employment. While it’s true that a great deal is beyond our influence during this pandemic, there’s one thing we can control: our ability to build a resilient mindset.
To help us do just that, we must turn to Admiral James Stockdale, the highest-ranking military member imprisoned in the Hanoi Hilton during Vietnam. He demonstrated an amazing example of leadership for uncertain times.
Not only was he beloved by the men who were in captivity with him, but he had an incredible ability to “never lose faith in the end of the story.”
When interviewed after his release, he described how his thinking allowed him to persevere. “I never doubted not only that I would get out, but also that I would prevail in the end and turn the experience into the defining event of my life, which in retrospect, I would not trade.”
Admiral Stockdale also highlighted that those who suffered the most and were broken by the experience weren’t able to balance optimism with realism. “You must never confuse faith that you will prevail in the end–-which you can never afford to lose–-with the discipline to confront the most brutal facts of your current reality, whatever they might be.”
As leaders, the more we can anticipate and clearly describe the specific challenges we’re facing, the greater our ability to persevere and come through this experience stronger than before. It’s okay to be weary; these are exceptionally difficult times. Yet as you experience fatigue, name your fears as specifically as you can. If you can name them, you can cultivate the courage to address them by thinking deeply, differently, and fully about the paths needed to overcome them.
Win a Webinar for Your Team
At Lead Star, we’ve received many requests from our clients to host webinars for their teams during this time of virtual work. It’s a service we’ve offered during our 16+ years in the learning and development space, and it’s one we love delivering and providing. One popular topic during these past two weeks has been, “Managing and Supervising a Virtual Team.” If you’d like us to deliver this webinar complimentary to you and your colleagues, email us at email@example.com and share a little about your company and who best to coordinate delivery with. We’ll be selecting up to three companies to deliver this webinar for free of charge. Looking forward to hearing from you!
Our Wednesday Webinar
Join us this Wednesday, April 8th at 11am ET for our 30-minute Leading in the Moment Webinar. We’ll be discussing the uptick of white collar layoffs happening, as well as practical steps to take if you’ve been laid off (and/or how to support those in your network who lose their jobs). We’ll also share deeper insights on how the Stockdale Paradox applies to us all as we seek to battle crisis fatigue and find the best balance between optimism and realism for these times.
We’re with you,
Angie and Courtney
*Our Crisis Cohort is comprised of leaders across diverse industries who’ve agreed to share with us insights during the Coronavirus pandemic. If you would like to join the cohort, which is a minimal time commitment, sign up here.