2. Are You Suffering from More Bitterness Ahead (MBA) Syndrome?
Master the Job Search
English - April 25, 2021 07:00 - 8 minutes - 6.18 MB - ★★★★★ - 5 ratingsCareers Business Education Self-Improvement job search career advice mba business career path professional development executive corporate linkedin professional networking Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
For some of you the Global Financial Crisis may have greatly impacted your career and life. For others, the GFC may have simply been a blip on your radar because you were in elementary school.
Regardless of your situation 12+ years ago, there were a number of lessons learned during that time that are relevant to what's going on today.
In late 2008, Time magazine published an article titled “Why MBA means More Bitterness Ahead.” That title always stuck with me. I can see from some of the MBA clients I'm currently working with that this alternate abbreviation is applicable to some job seekers today.
How does this relate to today's situation? In 2020, we all probably heard the word “pivot” more times than ever before.
Companies pivoted. Governments pivoted. The tourism industry pivoted. Employees were pivoting, sometimes into new sectors, sometimes they were pivoting to new entrepreneurial opportunities.
In short, it seemed like everyone was pivoting in 2020 and that this trend is continuing on into 2021.
Something similar happened in 2008. Even though the word pivot was not really used, many MBAs did exactly that.
Prior to the GFC, MBAs traditionally went directly into finance upon graduation. But, as its name indicates, the Global Financial Crisis meant there weren’t jobs available in financial firms.
This forced MBA grads to get creative. They started looking for opportunities in other sectors, such as health care and energy.
How can current MBA grads who are on the job hunt avoid the possibility of more bitterness ahead?
Visit the episode website for the full show notes: MasterTheJobSearch.com/2