Wednesday, December 17, 2008

Recession Proofing

This time of the year when people should be happy about the upcoming vacation during the year end; people are fearful of losing their jobs. You get to find pink slips moving all around you and people losing their jobs in hundreds of thousands.

While I admit that we don't have any influence on these decisions that are primarily getting driven by macro and micro conditions, we stll can work on things that we can control. Here are some suggestions that come to my mind

1. You need to cut unnecessary cost or expense. This will directly contribute in saving toward's your organization's bottomline

2. Take a stock of your daily activities and find time to network. Build and expand on your relations. This will help when the time turns for good

3. Take some internal projects that benefits your company and complete it during your non busy time or even during off hours.

4. Meet your team and try to understand their individual struggle. A word of empathy will go a long way in the employee coming back to you even he gets his marching order in the first place.

I am sure the above will help avoid as much as possible any pink slip coming your way.

Cheers!!!

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