Severe professional setbacks, including getting fired, are the new normal. So both speechwriters and those likely to get hit with bad news are all ears about how those caught in this trauma handle it, at least effectively.
Now we have a new model for how to navigate that trauma. Distressed company Groupon, which hadn't done too hot since its IPO, has terminated its chief executive officer Andrew Mason.
As TECH CRUNCH reports, Mason was not only candid about being cut from the team. He also took responsibility for the lack of results at Groupon. Among what Mason indicated in his exit statement, he chronicled the problems with the stock price and " ... two quarters of missing our own expectations ..." He ended his statement with, "As CEO, I am accountable."
This blog wishes Mason good luck in his search for his next opportunity.