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Managing Your Career through a crisis — it is rarely as bad as most executives in this situation think it is but there are important caveats to that rule.

Short of murder, rape, embezzlement or pedophilia most career missteps are not as devastating as one may want to believe.

Most career threats are not insurmountable but executives with big egos or a reluctance to admit they made a mistake may need to take a drink of humility before re-entering the job market.