Who could ever forget the recession times, they were worst than a tsunami hit or a hurricane. Recession was a worst that any body could have faced, no matter you were a fresher or a manager or even a CEO, but the best part for we Indians was that the risk attached to it was minimum, thanks to our financial policies.
They say “all good things happen in disguise”, so be true. The recession had taken our jobs away; you know what does that mean? everything around comes to a stand-still, but this does did not mean that there is no other way out. The very talked about thing when you are fired is the aftermath effects on you, you are highly stressed out- not knowing what to do, you get isolated from your family and friends and the worst of all your confidence levels get to level zero.
This is not only with recession but lying off or pink slips are the in trends these days in big shot companies you never know what awaits you behind the door. This also means that one should be well aware of our strengths and weakness.
So you have to stand strong and get your senses all right for making a great come back… here are few things which would help;
- Don’t be afraid to try: well, considering this the right time to do things which you always wanted to do, like your favorites learning any musical instruments, going on your dream destination with your spouse of which you always dreamt off, or just casually taking a break. This is would be the right time to do things which you always wanted to, so don’t be afraid to live it up.
- Play to your strengths: it’s at this time you need to add more attributes to your resume so that the next time you get a call for a job you have all the required skills (latest) that others don’t have. Acquire as much knowledge as you can get. But the next time you hit the interview table make sure you hit it hard.
- Be aware of where you failed and why?? Making a mistake and admitting it is not everyone’s meal, a bold and daring person can admit his/her mistakes and take to stand to correct it. “Failure is a stepping stone to success”- true but your ability not only lies in this but also to know why you had to take up a failure, know your mistake. Your smartness doesn’t lie in not failing but in turn lies in not making that mistake again which would need a depth analysis.
- Expect to make sacrifices: nothing comes without a price; you have to be mentally prepared to get things in order and put those extra efforts in action to make a mark in your career. This means lot of hard work along with smart work, lot of KT with and around employees and not to forget to work in a cost effective way.
Considering the aftermath effects, it’s just a beginning with more to do and learn. With “never give up attitude” one can improvise and get better, for a new job and new aspirations.
Hey Nandini,
ReplyDeleteThe first effect will be on expatriates being shown the doors, and then unemployment rise affects mainly the low-skilled workers. The sticky situation does not present a bright outlook for employment opportunities but the uncertainty teaches us to be geared up and as much as possible to be able to adjust. There are still job prospects waiting for those who are competent.
When there are recessions the female employees feel the winds of change first as they are more vulnerable. They know they will be laid off the jobs. It is difficult to believe, but it is true. Women who work as receptionists, doing odd jobs in the office, public relations and communications are picked out when downsizing is done.
There are companies which are complete dependent on skilled workers; these companies are scared to loose their employees. While there are some companies who are implementing a standstill on recruitment. Some companies are even giving the pink slip to their employees.
Before it ends, it will likely change the life course and character of a generation of young adults. All of these figures understate the magnitude of the jobs crisis
Typically, one salutary side effect of recessions is that they eventually spur booms in innovation. Some laid-off employees become entrepreneurs, working on ideas that have been ignored by corporate bureaucracies, making way for nimbler enterprises.
America was the most effected in the recent past by recession, and the cunning Americans got the arms deal from us, which show the way for almost 50,000 jobs for American, and they left us a peace of cake in the form of BPO jobs. They took in dollars and they pay us in rupees.
This is the time were people’s spending potential get diminish. So start spending more money from today, I am ready to offer a coffee @ coffee day if anyone is interested.
Ananth with best regards.