Here we go again: Another soft economy.
I learned a lot from the last two, so let me give you some quick ideas about how to fight back.
First, take a deep breath. If you're resilient, persistent and willing to make a few adjustments, you'll do just fine. You may not make as much money in a slow economy, but that's okay—you're in survival mode now.
I'm hoping you set aside some of your boom-market earnings for a rainy day, because that rainy day is here. If you didn't, you'll know to do so next time, since all markets are cyclical.
The good news is, you're still in business. Now is the time to dig in and gain market share as your competitors struggle. When things pick up—as they always do—you'll be great shape, ramped up and ready to prosper.
To prepare yourself for the immediate future, here's a preview of coming attractions, and how to deal with some new job-market realities.
During the 1991-92 recession, I made the switch from filling mid-level engineering positions to filling sales and marketing jobs. In 2002, I switched my desk again, from sales to general management and director-level roles. Why? Because that's where the market took me.
I'm not suggesting you jump ship in the hopes of finding a pot of gold. But when times are tough, it makes sense to keep an open mind and add value wherever value is needed.
- Bill Radin
Bill Radin is a top-producing recruiter whose innovative books, tapes, CDs and training seminars have helped thousands of recruiting professionals and search consultants achieve peak performance and career satisfaction. Bill’s extensive experience makes him an ideal source of techniques, methods and ideas for rookies who want to master the fundamentals—or veterans ready to jump to a higher level of success.