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Midcareer Crisis ...or Opportunity?

Have you ever had a midcareer fantasy where you quit your job and go do something new?

Many executives secretly admit to their coaches that they’re contemplating midcareer shifts. They may not actively seek change, but they certainly start imagining it.

Of LinkedIn’s 313 million members, 25% are active job seekers; 60% are passive job seekers (not proactively searching for new jobs, but seriously willing to consider viable opportunities). There’s also been a steady increase in self-employed and temporary workers over the last two decades. Entrepreneurship may sound lucrative every time a startup goes public.

Regardless of your age, background or professional accomplishments, you’ve probably dreamed about a new career at some point. Midlife is often a time when we reevaluate our goals, aspirations and what truly matters to us in life.

In “5 Signs It’s Time for a New Job(Harvard Business Review, April 2015), Columbia University Professor Tomas Chamorro-Premuzic examines what happens to many people at midcareer.   Few of us actually shift to something different. As he explains, complacency often trumps transformation:

Humans are naturally prewired to fear and avoid change, even when we are decidedly unhappy with our current situation. Indeed, meta-analyses show that people often stay on the job despite having negative job attitudes, low engagement and failing to identify with the organization’s culture…So at the end of the day, there is something comforting about the predictability of life: it makes us feel safe.

Chamorro-Premuzic cites five signs that indicate it’s time to seriously consider a career switch:

  1. You feel undervalued. 
  2. You’re not learning. 
  3. You’re underperforming. 
  4. You’re just doing it for the money.
  5. You hate your boss. 

Yet, who hasn’t experienced these feelings periodically? Do they mean you’re headed for a full-fledged midlife or midcareer crisis?

The Stereotypical Story

Hearing the phrase “midlife crisis” evokes the cliché of a successful man, between 40 and 55, who wakes up one day and decides he’s been chasing all the wrong things: his career, family, wife, car and possessions. Nothing provides him with the satisfaction he craves. He demands more.

Suddenly, he divorces, changes career or organization, dresses differently, gets a young girlfriend and buys a red sports car. Years later, he finds himself with the same unfulfilled yearnings, having metaphorically changed seats on the Titanic.

Roughly a quarter of Americans report experiencing a midlife crisis, according to research published in 2000 by Cornell University sociologist Elaine Wethington. Many who disclaim the notion regard midlife crises as a lame excuse for behaving immaturely.

The term crisis also contributes to stigmatization, as it suggests a shock, disruption or loss of control. But the actual data on midlife experience and the relationship between work and happiness points to something different: an extended and unpleasant—but manageable—downturn.

The Happiness U-Curve

The average employee’s job satisfaction deteriorates dramatically in midlife, according to a British survey conducted by Professor Andrew Oswald of The University of Warwick.

Midcareer crises are, in fact, a widespread regularity, rather than a few individuals’ misfortune.

Subsequent research revealed this age-related curve in job satisfaction is part of a much broader phenomenon. A similar midlife nadir is detectable in measures of people’s overall life satisfaction and has been found in more than 50 countries.

The U-curve tells a more accurate tale of what happens midlife and midcareer. It’s not a story of chaos or disruption, but of a difficult—yet natural—transition to a new equilibrium.

In Search of Meaning and Wisdom

Psychologists have not yet determined why people in 50+ industrialized nations experience midlife crises. It’s certainly a major reason why executives hire coaches. “What’s next?” is one of life’s most worrisome questions. A coach can help you reevaluate your cherished convictions, morals and guiding principles.

Experiencing disappointment doesn’t necessarily mean something is wrong. It signals that something is missing.

There’s a mental shift at midlife from “time since birth” to “time left until death.” We begin to feel time is running out and, more crucially, question whether what drove us in the first half of life is worthy enough for a fulfilling second half.

Being aware of the pitfalls associated with the midlife experience can prevent you from committing irreparable errors. If you know you’re vulnerable to doubts, anxieties and mood swings, you can stop yourself from storming out of a meeting or acting out of desperation.

Midcareer Coaching

Consider retaining a professional coach to guide you through self-examination and reflection on what truly matters most to you. The process often entails reconnecting you to what you love about your life and career.

Clinging to the status quo may, on the surface, appear to be a safer, more mature choice. Nothing could be further from the truth. Redoubling your efforts to achieve happiness based on what drove you in the first half of life is foolish.

Ask yourself:

  • What steps must I take to transition to the next stage of my journey?
  • Can I give myself permission to explore new paths?
  • How does fear keep me in a reactive stance, constrained by outmoded routines?
  • Am I content to live partially, or am I ready and willing to explore new ways of thinking and feeling?
  • Can I gather the energy needed to realize my unlived potential?
  • How can I take one small step?

Are you working in a company where executive coaches provide leadership development to help leaders put strengths-based leadership into action? Does your organization provide executive coaching for leaders who need to build a company culture built on trust? Transformational leaders tap into their emotional intelligence and social intelligence skills to create a more fulfilling future.

One of the most powerful questions you can ask yourself is “Am I a transformational leader who inspires individuals and organizations to achieve their highest potential, flourish at work, experience elevating energy and achieve levels of effectiveness difficult to attain otherwise?” Emotionally intelligent and socially intelligent organizations provide executive coaching to help leaders create a culture where respect and trust flourish.

Working with a seasoned executive coach and leadership consultant trained in emotional intelligence and incorporating assessments such as the Bar-On EQ-I, CPI 260 and Denison Culture Survey can help leaders nurture strengths-based conversations in the workplace. You can become an inspiring leader who models emotional intelligence and social intelligence, and who inspires people to become fully engaged with the vision, mission and strategy of your company or law firm.

Working Resources is a San Francisco Bay Area Executive Coaching Firm Helping Innovative Companies and Law Firms Assess, Select, Coach, Engage and Retain Emotionally Intelligent Leaders; Executive Coaching; Leadership Development; Performance-Based Interviewing; Competency Modeling; Succession Management; Culture Change; Career Coaching and Leadership Retreats

...About Dr. Maynard Brusman

Dr. Maynard Brusman

Consulting Psychologist and Executive Coach|
Trusted Advisor to Executive Leadership Teams
Mindfulness & Emotional Intelligence Workplace Expert

Dr. Maynard Brusman is a consulting psychologist and executive coach. He is the president of Working Resources, a leadership consulting and executive coaching firm. We specialize in helping San Francisco Bay Area companies select and develop emotionally intelligent leaders.  Maynard is a highly sought-after speaker and workshop leader. He facilitates leadership retreats in Northern California and Costa Rica. The Society for Advancement of Consulting (SAC) awarded Dr. Maynard Brusman "Board Approved" designations in the specialties of Executive Coaching and Leadership Development.

“Maynard Brusman is one of the foremost coaches in the United States. He utilizes a wide variety of assessments in his work with senior executives and upper level managers, and is adept at helping his clients both develop higher levels of emotional intelligence and achieve breakthrough business results. As a senior leader in the executive coaching field, Dr. Brusman brings an exceptional level of wisdom, energy, and creativity to his work.” — Jeffrey E. Auerbach, Ph.D., President, College of Executive Coaching

For more information, please go to http://www.workingresources.com, write to mbrusman@workingresources.com, or call 415-546-1252.

Are you an executive leader who wants to be more effective at work and get better results?

Did you know that research has demonstrated, that the most effective leaders model high emotional intelligence, and that EQ can be learned? It takes self-awareness, empathy, and compassion to become a more emotionally intelligent leader. 

Emotionally intelligent and mindful leaders inspire people to become fully engaged with the vision and mission of their company.  Mindful leadership starts from within.

I am a consulting psychologist and executive coach. I believe coaching is a collaborative process of providing people with the resources and opportunities they need to self manage, develop change resiliency and become more effective. Utilizing instrumented assessments - clients set clear goals, make optimal use of their strengths, and take action to create desired changes aligned with personal values.

I have been chosen as an expert to appear on radio and TV, MSNBC, CBS Health Watch and in the San Francisco Chronicle, Wall Street Journal, USA Today, Time and Fast Company.

Over the past thirty-five years, I have coached hundreds of leaders to improve their leadership effectiveness.

After only 6 months, one executive coaching client reported greater productivity, more stress resiliency, and helping her company improve revenues by 20%. While this may depend on many factors most of my clients report similar satisfaction in their EQ leadership competence leading to better business results.

You can choose to work with a highly seasoned executive coach to help facilitate your leadership development and executive presence awakening what’s possible. 

For more information, please go to http://www.workingresources.com, write to mbrusman@workingresources.com, or call 415-546-1252.

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