2. Experiencing a merger, layoff or bankruptcy due to circumstances beyond our control. “Sometimes, we don’t see risk because we’re focused on other matters, working ‘heads down’ or balancing our family and personal lives and not recognizing a changing environment in the workplace,” said Griffith.
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3. Being blinded by our own success. We could be getting that promotion, but resting on our laurels and not learning new and adaptable skills aren’t helpful in the long run, he suggested.
Griffith detailed the findings of Canadian researcher Laurence J. Peter in 1969, who developed the concept of the “Peter principle,” suggesting that people rise to the level of their incompetence.
“In other words, being good at one job may not guarantee we’ll be good at the next. Sometimes we box ourselves into a corner by not learning the skills required for success at the next level,” Griffith told FOX Business.
Focusing on shortcomings is important
All workers have weaknesses, Griffith acknowledged.
“The reward comes when we can turn them into strengths,” he told FOX Business.
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“Knowing our vulnerabilities allows us to work on them, or in some situations, create compensation mechanisms by relying on systems or other people to balance out our strengths.”
He noted that resilience is an important component of self-growth.
Create a plan to achieve what you want in your career, said Griffith.