In the medical world, amputation - that is loss of a body part is one last option that is exercised when no other alternative is available and this drastic step is primarily to save life as that is most important under any circumstances – A human life.
In the corporate world, pay-cut, sudden transfers, layoff in phases, letting go off experienced resources or inexperienced fresher in the name of cost cut and poor business performance, challenging individual abilities outside comfort zone is a similar cry for a company’s survival. If X% is not out, 100% can be at stake.
What options do you have being at the receiver’s end?
Jump off the Titanic
The structured lay off after futile efforts by Human Resource to fit you in different departments/ locations might just be your only opportunity to get off the Titanic
If you are an average performer - you know why you are on that first list. If there is no rescue coming for Titanic (read revenue) you can be very sure even the best performers will be on one of those lists soon. So use this option as your life boat to float to safer zones with severance packages and other funds.
Are you an asset or Liability?
As long as you are generating revenue, part of profit making mechanism, billed to client, responsible for sales you will be an asset. Your turn is after the liabilities (support roles) are axed.
It is your call if you want to seek internal job options and remain floating in same waters or test waters elsewhere
Is it your merit or management?
Individual merits are not considered when it is a strategic management decision to layoff. Often when the media reports regarding acquisitions and mergers, overlapping and redundant roles is an inevitable consequence.
The market and your potential employers know why you are seeking change even without you spelling out that the organization is being re-structured. They are aware it is not about your merit (even if you have always been an average performer) but victim of a large scale damage control.
This week, I chose to write on this topic because I had multiple calls from different quarters and different cities on this very issue – seeking advice. I found the most efficient resources lose their calm, doubt their competencies, get apprehensive of job market and affect their decision making.
Dig well when you are not thirsty.
- Acquire new skills to stay relevant in work market.
- Build a six month financial buffer for such a contingency.
- Test new skills in multiple platforms and portals to establish an alternative income stream
Based on BECKON Framework, the evaluation and learning road map are first to support your outcomes (income stream) and then assist you to transfer that to others, if you want to scale and build an enterprise or brand as an independent BECKON coach
I enjoy kinds very own post. It will be respectable to get a single narrative inside and outside of the core of this distinctive core specialized niche will likely be commonly knowledgeable.ReplyDelete
assignment writing help
This is a great inspiring article.I am pretty much pleased with your work.You can really really helpful information. Keep it up. Keep blogging. Looking to your next post.ReplyDelete
best dissertation writing service
I was able to clear a couple of doubts, for which I’m deeply thankful. It is rare that you come across such an insightful work. A big thumbs up from my side.ReplyDelete
I know this is one of the most meaningful information for me. And I'm animated reading your article. But it's a good thing, the website is perfect; the articles are great. Thanks for the tone of tangible and possible help.ReplyDelete
Everything is perfect with this work. The writer has managed to keep the article interesting while discussing some really serious points. This is not easily done. All the best.
Project Management Assignment
I blog quite often and I seriously thank you for your content. This great article has truly peaked my interest. I am going to take a note of your site and keep checking for new information about once per week. I opted in for your Feed as wellReplyDelete
Thanks for sharing information.we provide information related to RTI.File RTI OnlineReplyDelete
Ammaiya services is work on SEO, SMO, app development.App DevelopmentReplyDelete