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Gains and Losses

Written by Mitch McCrimmon

Pros & cons of winding down

Less stress and pressure. Not feeling needed or important.
Better work-life balance. Having nothing worthwhile to do.
Potentially better health. Feeling that my time is up.
Time for the broader picture. Losing power, respect.
Freedom to take a broader role. Lower earnings.
Feeling less competitive. Loss of confidence.
Time to be a mentor Boredom.
Satisfaction of developing others. Losing some relationships.
Preparation for retirement. Other?
Avoiding sudden loss.
Peace of mind.
Integrity - honesty with yourself.
Other?
  • Do the gains outweigh the losses for you?
  • How can you minimize the effects of any losses?
  • What strengths will help you in this task?
  • Who will help you make the transition?
  • What needs to go into your transition plan?
  • What are your first steps?

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