When you start seeing the stocks market going beyond the bears and the bulls and the basic rationality; when you start to even doubt about your money in the financial institutions; and when you start seeing companies disappearing as if it was a trick from a magician – it is clear that we are on for some turbulent weather ahead of us. Without a doubt, it is time for all of us to buckle up!
No doubt this is going to be a start of tough time for all of us – regardless where we are located and what our day-to-day responsibilities are. Whether we are responsible for running the organization machinery or simply part of this machinery!
While many of us have gone through these rides 2-3 times in the past (during the past slowdowns), when I look around I see that this may be the first time for many of the folks out there. I can say from my past experience that these times can be tough and trying. Some of us may be able to weather this out without much harm, but some amongst us may not. However, the most positive and encouraging point in all this would be that there would be light at the end of the tunnel.
Survivability and patience in all this is the key. I am saying this from an all round perspective – whether it is an organization or a product or even as individuals. This is the time when our strengths would have to come to the fore and our weaknesses may become our biggest liability. If you ever wanted to see how the “survival of the fittest” theory gets applied in real world, this is the most perfect time.
So as I said at the start of the post – buckle up! We are set for a helluva ride of our life time!
Tags: Economic Downturn, Survival
November 4, 2009 at 6:53 am |
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