Jack’s Empowerment and Inspiration: 6. EXIT STRATEGY - redundancy empowerment - empowering redundant workers - empowering redundant staff

6. EXIT STRATEGY - redundancy empowerment - empowering redundant workers - empowering redundant staff - empowering redundant employees - making redundancy work for you - is redundancy a dead end? - is redundancy the end of the road? - making the most of redundancy - empowering the redundant worker - Jack Lookman - Rita Nnamani - Olayinka Carew - Jack Lookman Limited - Amebo - Ire o - Ire kabiti

Redundancy is a surprise to many. In actuality, though, every professional should have an exit strategy, regardless of how solid their position appears to be. It's a sensible perspective, not a pessimistic one. A simple plan for what you'll do in the event that your current position ends—whether via choice or circumstance—is known as an exit strategy. Understanding and developing one can help UK redundant workers transform their dread into readiness.

Foresight is key to an exit strategy. It entails planning ahead, to avoid being taken off guard in the event of a change. Redundancy frequently reveals our growing reliance on a single source of income or identity. You may restore control over both by having a plan. It’s about having a vision for what’s next—something that gives you direction even when external factors shift unexpectedly.

The first benefit of an exit strategy is confidence. Knowing you have a plan, reduces panic. It helps you make calm, calculated moves instead of reactive ones. For instance, you might decide to keep your CV updated, maintain an emergency fund, or learn new skills that can make you employable across multiple industries. These small, proactive steps become a safety net.

Diversification is another component of an exit strategy. You can generate multiple revenue streams by working as a freelancer, making minor investments, or starting internet businesses. Redundancy demonstrates how easily stability may be lost. Even if one door closes, you will always have a route forward if you diversify your options.

An exit plan keeps you calm on an emotional level. It serves as a reminder that endings are a common occurrence in the workplace. You might see redundancy as a transition rather than a catastrophe, if you have a plan for your next course of action. Regardless of your next course of action, be it retraining, starting your own business, or finding temporary employment, you'll be acting with direction rather than fear.

And of course, don’t forget to exchange contact details of staff and other professional associates. These may become of great value, sooner or later.

Also, avoid burning bridges unnecessarily, those colleagues or managers that you despise today, may be saving graces in months or years to come.

Thank you very much to all our readers. You are much appreciated.

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