Sunday, August 12, 2012

Five Ways To Keep Going When Times Get Tough


IT IS DIFFICULT to keep your chin up in tough times when the increments dry up, jobs are few and far between and there’s a dearth of rewards and recognition. But having a long-term view will help in motivating yourself for a brighter future, says Shreya Biswas. 

Accept Reality Take the help of a friend or spouse to acknowledge the changed situation, in this case, the slowdown. “The simple act of stating that the market is tough and that it can and perhaps will affect you is the first step,” says Muralidhar Rao, chief executive, Future Learning. 

Think Long Term Present yourself and your teammembers a long-term scenario. Tell them that things will turn around. “Keep your optimism up and see what is coming through,” says K Sudarshan, managing partner at EMA Partners International. 

List Implications A slowdown hurts no matter where you are on the organisational ladder. It is important to list the implications of the situation and to ensure that they are as vivid and specific as possible but remember these are not pronouncements about your future. 

Shed Old Beliefs It is an excellent time to shed some excess baggage and beliefs. “The foremost is the assumption that you are automatically entitled to an increase in earnings year-on-year over your entire career span.“The situation is a good time to get back to focusing on your performance. That is the best job security that you can create for yourself,” says Rao. 

5 Identify Opportunities 
This is perhaps the most difficult but the most productive thing to do. Do not attempt this till you have gone through the steps mentioned above. Identify possible shifts in roles and pick courses that you can do. “This will come in handy when things turn around and can even help in bagging a new role in your existing company,” says Sudarshan.

(The Economic Times, Mumbai, 10-08-2012)

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