5 Ways To Manage Your Career Ahead Of A Recession

A recession can create ups and downs in your career. If you’re an employee, chances are you’re feeling some concern about the economy and the job market. And your concerns are reasonable, given the number of companies taking action to lay off workers or freeze hiring. But while it’s easy to let your anxiety take center stage, you can respond proactively and also protect your current position with some pragmatic choices.

5. Focus on the Future

You can also manage your concerns and reduce your worry by focusing on the long view. Remind yourself there are always ebbs and flows in the economy and in any role—and you have the skills and talents to get through successfully. Focus on what you can learn as you face challenges and overcome them.

Ironically, when things are significantly disrupted, the situation can be especially rich for new possibilities. You may find yourself with severance or outplacement support to find the new job you’ve been wanting anyway. Or the company restructure may position you perfectly to take on a new role which is the perfect next step.

Resilience is about three things: knowing what’s happening, making sense of it and then responding or improvising. Stay informed, evaluate how the situation is affecting you and then be proactive with your response. Every tough situation you encounter builds your capability and your adaptability. Resilience is a muscle you can build, and focusing on your own ability to get through will help.
In Sum

You may face challenges, but you can be proactive and protective. Shore up your finances and evaluate your current role. Ensure you’re adding value to the company and community. And overall, stay optimistic. Give yourself permission for a down day now and then, but then get back up and look forward—to all that will be coming over the horizon. Tracy Brower

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