Rishad Tobaccowala’s Post

Career Expiration. ‘Every career has a midnight hour. The smart people leave at five to twelve.’ This piece of advice by my friend Sanjay Khosla who ran many large companies over his career really resonated. Regardless of how good we are, how senior a role we inhabit or how irreplaceable one thinks one is, every career comes to an end. All is well and then suddenly we find ourselves at midnight hour and the carriage of a career turns into a pumpkin. The key is to leave before the midnight hour. This ensures that one avoids being shown the door or shuffled into a reduced role . The difference between early and late is significant because those who over stay often turn bitter or lose the community or connection that come from colleagues because one has left under a cloud. These midnight hours occur not just at the end of a career but all through a career. And they can be felt. Be particularly wary when one or some combination of the following changes happen: a) a change in management, b) an acquisition or take-over, c) a sudden change in financial results or d) a shift in technology which creates a strategic review. When one instinctively feels a change in the force one must pay a lot of attention and ask some combination of the following four questions: a) How to adapt to the new management? b) How to adjust to the new culture and power shifts of an acquisition or sale? c) How to re-think ones skills, approaches and role in the shifts that follow a change in financial result? d) How to reinvent, learn and change to align with new technology? If one does not adapt or re-invent or one feels that one cannot work under the new changes then be prepared to find one on the wrong side of the midnight hour and it is better to exit with grace. Companies do not adapt to employees. Employees have to adapt to the new realities. If one is not willing to adapt then get ready to walk. There is one other time when the midnight hour occurs and this is when one stops growing in a job. The day one stops growing it means one’s career has started dying and the midnight hour has arrived. https://lnkd.in/gzQEPftz

Expiration Dates.

Expiration Dates.

rishad.substack.com

The Darwin Cycle in business goes through periods of acceleration. Within each Age: (Agrarian Industrial, Information) there are steam engine points in each of those times that power acceleration. The Dot Com Boom and Bust was one of them that was powered by DARPA's creation we know as the Internet. We are on the edge of another with AI.... Adapting to and understanding the waves of the change are critical to maximizing your value in the marketplace. I love Rishad's posts as he speaks truths. The analogy I like in business is we are all Free Agents. We want to play with teams that want to win. As we progress in our careers we don't work for companies, we work for people and teams. We also don't play for free. Being a free agent we are looking for winners because that maximizes our value and opportunity. All of that said it is the responsibility of every individual player to work on their skills and develop trust within a team. You cover your brothers and sisters six by taking care of the business, but keep an eye on the business if it is taking care of you... if not get busy looking for one that does.

💯 agree particularly with “Companies do not adapt to employees. Employees have to adapt to the new realities.” This is why I dove into exploring how, when and why people and teams adapt. It’s a skill that needs to be constantly exercised and strengthened - especially as the velocity of change increases.

Oliver Spalding

Adviser | Coach | Founder | Strategy | ex-Publicis Groupe, Digitas CSO | Location-independent

3w

You should share this wisdom with some of our world's leaders, they don't seem to have realised that they're now pumpkins. I'm not sure I fully agree with this logic either way, since it strikes me that this is rather Peter Principle-ish too, i.e. stay ahead of your incompetence. Sometimes you need to spend some time at midnight to find a new direction and I think those moments can be more profound than adaptation.

If you say the word “Fuckers” more than 3 times per hour, it’s a sign.

FJ van Wingerde

Enterprise UX & Product Strategist.

3w

"Leave gracefully at five to twelve" is what new management wants so they don't have to give you severance, at least in Europe. Instead, stay until they have to pay you out and then have a great runway to find something new.

You probably don’t remember but we had a conversation about this over a hurried lunch at Cannes. Nearly a decade ago. As always, sage advice.

Kris Magel

Passionate, analytically-driven, always-curious Media & Advertising Leader

4w

I also believe sometimes, one can create a new clock by moving into a new part of the business and role, assuming that is possible and the transition ends up being positive.

Veronica Phillip

AI-Enhanced Technical Writing: ⏩ I help you avoid spending a fortune on hiring expensive employees and contractors. Specialties: Software Documentation, Intuitive Help Systems, and Efficient Workflows.

1w

I say stay for the compensation so you can have some downtime (TLC) before entering the job marketplace again.

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Another thoughtful perspective about more than just retirement timing but about life! I read it wondering how many people might this make uncomfortable or cause to question their "timeline"? TIME is the thing. How we use it, abuse it, value it. It marches on regardless, so reminders like this are very welcome & appreciated 🙏. Happy Sunday.

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