Story 20. Risk Taking.

This story has been on the editing board for a mighty long time as I could not make up my mind about posting it. I finally decided to post it after reading Wisewebwoman’s blog post on Risk Taking.

The reason I hesitated so long will become obvious as you read through the post. This will set the record straight for all those who have wondered as to why I took what was then perceived by them to be a very foolish risk. I never explained to them as to why I took it and today I can as, almost a quarter century has passed and most people involved have most likely either forgotten or would not be bothered any more.

For some new readers to my post, some background information is available on my post on Ambition.

After I was recruited straight off the campus in 1967, I worked for the same employer for 23 years and rose quite high there. During that period, I was part of a very dynamic team of people who built one division of that company into a highly successful market leader which attracted the best employees possible. During that period, a merger of two compnanies of disparate cultures also took place and that resulted in some very peculiar cross divisional postings of people. One such was posted as my direct boss who did not simply have a clue as to what our division was all about and thought that the route to increased profitability was to form a cartel with our competitors. He either could not or would not understand what it meant for people like me who by that time had put in around or more than half our life times in the process of building that organisation.

By this time, I also had access to the strategic approach that our parent company in the UK had developed which too was different to my idea of what it should be for the Indian arm. My attempts at trying to change their minds failed and it was another disappointment.

I was unhappy for the first time in that company with the immdediate and even long term prospects looking bleak and started to look our for other employment. I confided in just three persons about that decision. One was my late wife who encouraged me to do what I wanted to do, and one was my mentor from who I had taken over at his superannuation and other other a long standing friend from Mumbai / Pune. I secured two offers by late 1989, one for a position in London and one in Singapore, both with multinational responsibilities. When my friend came to know that I had made up mind, he and his elder brother who I had a great respect for visited me at Bangalore and made me an offer that I could not refuse and which made Urmeela happy too. They offered me a contract for five years which not only bettered what I had been offered by the overseas employers but also a chance to continue living in India which would have helped my son’s education.

By early 1990, I had lined up three options and had to make up my mind about leaving what by then was my second home and a whole lot of people who I had enjoyed working and growing up with. The risks were enormous and I was unable to take the final plunge and submit my resignation. When my annual appraisal exercise was concluded in January 1990, and I saw that my immediate superior did not have the same opinion of my performance as I did, I went back to my mentor for a consultation. We met a few times and when my prospective Indian employers sweetened the offer further, I took the plunge and submitted my resignation.

It was heart breaking and many of my well wishers were of the opinion that I was being irrational and stupid for taking such a big risk. I can still feel the unease that I felt for the first few months with the new employers, but I settled down comfortably in the new environment and successfully completed my contract and retired. I have no doubts that had I continued in the earlier company, I would have been able to retire when I did at an age when most Managers were hitting the home stretch.

Since I had a safety net built, my son had finished his studies and had started on his own career, I was able to take a few more risks with other employers without compromising on my integrity or self respect and continued as either a Consultant or a hands on Manager on and off till 2002 when I finally stopped such work due to having to take on care giving responsibilities. I was again dragged into corporate life with some Board level appointments for two years but they were in Pune itself and did not take much time away from my primary focus of giving care to my late wife.

To paraphrase Wisewebwoman, I never would have known about my own ability to adjust to different corporate cultures, if I hadn’t taken the chance on breaking off with a 23 year old relationship with my first post MBA employer. In retirement, I have no regrets whatsoever now. I however wonder often as to what would have happened had I not taken that big risk in 1990!

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20 Responses to Story 20. Risk Taking.

  1. Yay, Rummuser!
    Cheerful Monk recently posted..How Times Have Changed

  2. Nandu Pillai says:

    I took the “risk” of leaving that same company not once but twice ! No regrets – they even made the mistake of taking me back ! Life is replete with crossroads once we can take decisions for ourselves , followed sometimes with the phenomenon of “what if” analyses . In the end , what was right is what worked out right OR as the bard said “All’s well that ends well” OR as Aamir Khan’s character in “3 idiots” said ” Aaal is velll ! “

  3. If you weren’t appreciated by your boss, it would also have been risky to stay.
    Cheerful Monk recently posted..What Happened to Thanksgiving?

    • In retrospect, and having seen what happened to his own career, I doubt that. Had I been patient, perhaps my life would have been entirely different, but that is neither here nor there!

  4. nick says:

    Work is such a huge part of people’s lives that if it all turns sour and increasingly frustrating, the only sensible option is to take a chance and look for a new employer. Staying put in a job you no longer enjoy is a sure recipe for unhappiness. Good for you taking the risk.
    nick recently posted..Gasbags and lurkers

  5. It’s impossibelt o know for sure (usually) what the best decision would have been – life cannot be run in parallel to let both option splay out to the end.
    However – good for you. Glad it worked. It also had you feeling more of the master of your own destiny.
    I’ve jumped a few times – so far it’s always been for the better.
    blackwatertown recently posted..Can you meet this dark challenge? (Prize for the one who does.)

  6. Cathy in NZ says:

    Since around 2006 when my health situation changed, for more or less the better, I have taken a number of risks about how I want to live my life. In some ways it was now the “defunct doctor (diff reason for jumping ship)” that caused me to move into a new arena.

    At the time, I had new choices but on the other hand not as many choices and I remember he said “what have you always wanted to do?” But then he added “but not in these arenas, even though you are better, your health situation will wax/wane and sometimes be fragile”

    I am still taking risks and I love it!
    Cathy in NZ recently posted..The numbers don’t add up

  7. Anna says:

    I link your concerns to beautiful sense of loyalty, however you may have had different reasons to looking at your choice as risky. From the story I understood that you chose one from good offers which financially were better than your base company offered. Frankly I do not understand where you saw the risk. Your values were already different to those of your bosses and less favourable appraisal than the previous ones indicated that. I was married for many years to an IBMer and by that I felt as if I was married to IBM as well. He was loyal and did not read the signs the company gave him repeatedly at the end of his career. Eventually he was retrenched after 30 years of faithful but blind service. This was a blow to his ego and personal life. Maybe it would have been better for him to have your courage and make a move when he had chances to find a new career?

    • My base employer, to use your words, was known to be a life time employment provider and that was the safety net that I was leaving into unknown territory, Like IBM, they too changed and I saw the change coming too.

  8. Maxi says:

    It seems you would have always wondered “what if” Rummy. Now “you know.”
    blessings ~ maxi
    Maxi recently posted..The Unforgivable Sin Is NOT In The Bible

  9. Grannymar says:

    I made several jumps and changes to career down the years. My marker was my gut instinct. Even when I made the decision to get married, I told my family, not asking for advice or permission.
    Grannymar recently posted..Thursday Special ~ The Genie

  10. Max Coutinho says:

    Hey Rummy,

    Risk taking…what can I say about it? It may be frightening but sometimes it pushes us to where we are supposed to go. It is easy to just sit comfortably on what we have, but to take that plunge it takes guts. But we need to know when to stop taking risks too, and many do not know how to do it.

    About your personal experience: you had the experience you were meant to have and it worked out well, in the end.

    Max Coutinho recently posted..The Secret Services: Defenders of Democracy

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