by Dombo » Mon Aug 04, 2008 5:48 pm
I once had outplacement provided by a US investment bank that let me go, about 6 years ago. The advice, which I ignored, was to consider my outside interests and whether a career could be made from them. While owning a bike shop, becoming a professional photographer or mountain bike guide had attractions, the reality of mortgage, school fees and eating meant that I remained a banker (quiet at the back, Finbar). I had however taken a series of extra qualifications that let me move from the sell-side to the buy-side, which I prefer.
You need to consider what you would REALLY like to do and whether you can make a decent living from it. If not, then look at whether your skills are transferrable to other businesses or fields of work. Often you can feel as if you are in a rut because you're simply in the wrong firm and just get demoralised. It' s never too late to change - an old college mate of mine has just qualified as a clinical psychologist, having done a business degree over 20 years ago and worked as a money market trader for several years.
As others have posted, you can often get good advice from headhunters or perhaps even pay a career coach to have a detailed discussion with you.