UPDATE: In a world where career changes have become increasingly common, new insights reveal urgent strategies for those looking to pivot in their professional lives. Recent discussions highlight that individuals may change careers an average of seven times in their working lives, prompting a need for actionable advice on navigating these transitions effectively.
Just announced, prominent industry leader and former CEO of Coach, Lew Frankfort, shares transformative strategies based on his own career journey. His experiences, from facing rejection in the public sector to leading a multi-billion dollar company, serve as a beacon for those feeling trapped in their current roles.
Frankfort’s story began when he was overlooked for a promotion by New York City Mayor Ed Koch, who deemed him “too principled” for the position. This pivotal moment ignited his determination to seek a more fulfilling career. Frankfort states, “I wanted a job that would challenge me and to help build something meaningful.” This realization led him to explore opportunities at Coach, and ultimately, he became a key figure in the brand’s exponential growth.
During a serendipitous cab ride, a colleague suggested Frankfort connect with Miles Cahn, the founder of Coach, who was seeking a protégé. “We had four interviews,” Frankfort recounts, “and I think Miles hired me for two reasons: my curiosity and the fact that I was the only candidate.” This critical networking moment underscores the importance of reaching out and seizing unexpected opportunities.
Once at Coach, Frankfort took on diverse roles, demonstrating a willingness to do whatever it took to succeed. He even installed an air conditioning system to improve the factory’s working conditions and launched Coach’s first mail order business. Under his leadership, the company surged from a modest $6 million in sales to an astonishing $5 billion by the time he retired in 1985.
Frankfort emphasizes the value of continuous learning throughout one’s career. “Be a constant, curious learner no matter how young or old you are,” he advises. This mindset fosters growth and adaptability, which are crucial in today’s job market where industries are rapidly evolving.
Furthermore, Frankfort insists that leaning into past experiences can be a significant advantage. “My years in government taught me many skills that applied to business,” he notes. He warns against the misconception that one must abandon previous skills when transitioning to a new career. Instead, these experiences can provide a unique perspective and valuable insights applicable across various fields.
As people navigate career changes, Frankfort’s account serves as a compelling reminder of the power of resilience, networking, and lifelong learning. His journey illustrates that with the right mindset and strategies, anyone can transform their career trajectory.
Next steps: For those contemplating a career pivot, consider initiating a conversation with someone in your network, embracing your past skills, and committing to continuous learning. The landscape of work is shifting, and the time to act is NOW.
Stay tuned for more updates on career development strategies and personal success stories that inspire action and transformation.
