Recession-proof your career

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Recession-proof your career

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An interplay between a global pandemic, oil prices, and an election year has created a market meltdown.

Markets are in free fall with no end in sight. There is uncertainty, and as you know, markets hate uncertainty.

Corporate America is also not a fan of uncertainty because it reduces visibility and creates challenges to forecast the business.

Companies are already starting to feel the heat. There will be pay cuts—even layoffs.

I sincerely hope this situation is over quickly, and we get back to business as usual. But what if it doesn’t?

“It is better to be safe than sorry” – rings true for our current times.

This situation is not the time to take it easy. It is time to be vigilant to protect your family, your community, your career, and your income.

From a career standpoint, there is a way to face this. There is a way to weather the storm and emerge in even better shape after everything is said and done.

Here are some examples:
1. Be extra-nice and extra-collaborative at work: many of your co-workers might be over-worked or stressed. Go out of your way to help them. Strengthen your relationships.
2. Connect with the broader organization: in addition to email and Slack, try calling your colleagues. Especially those that are outside your immediate team.
3. Figure out the value: identify how your work creates value for your organization and its customers. Figure out ways of increasing that value. Communicate and demonstrate that value.
4. Develop your skills: you might have received the memo to work remotely. You have the flexibility to invest time differently. Sharpen existing skills and learn new skills.
5. Build your network: there are no conferences or meetups to attend anymore. Initiate 1:1 or group meetings. Reconnect with former colleagues and alumni. Use virtual tools like Zoom, WebEx, Skype, RingCentral. Keep your network *active*. LinkedIn is one of your best friends here.
6. …..

I will be diving into these topics and many others in a live webinar this Saturday, March 14th, at 10 am Pacific.

RSVP is required as the conferencing service has attendee restrictions.

I’m not charging anything for it. And no need to travel outside to attend. You can watch this at your home and on your favorite device.

Please feel free to share this post with your friends.

Finally, if you are one of the fortunate ones that can work from home, good for you, please do spare a thought for those who can’t work from home. Please help them and support them in any way you can.

And please wash your hands. Frequently.

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