Over the last few weeks, after a massive defeat at the UK general election, several senior staff in the Conservative Party have reportedly taken voluntary redundancy, with more staff cuts expected to follow. Perhaps not surprising, as morale is not likely to be high. But it raises an interesting and broader career development question: is it better to leave an organisation in decline or which has suffered a major downturn? Or are there benefits to staying with it?
There are four main questions when it comes to deciding our career path after our organisation has undergone a major business failure, downturn or adverse event.
