Not that long ago, I mentioned that the company downsizing I (almost) survived, had the specialists at the company dropping like flies. Now it seems, I can't go on any forum without getting further examples of specialist firing squads in action.
Derivatives were the domain of a few specialists. This is now seen as a big mistake. Other examples have shown up in education, wall street, CEO's, and just about every nook and cranny of the economy.
My example was a photo lab, and my advise was for specialists to watch their back. Since then I have heard job hunters (like myself), feel better, or worse, depending on their ability to cover more job descriptions. I am a specialist, so I'm feeling worse right now.
But the point I'd like to make is that I was not a specialist until recently. I absorbed most every department in the photo end of the business, and then the photo end itself dropped off a cliff.
A similar event is bound to happen with the electronic records for health care, in whatever shape it comes out of Congress. Every part of the computer systems will become obsolete on a continuous basis.
So, what to do? Say that in a recession, you don't raise taxes, update the new technology, or downsize for fear of unemployment? Take the position that you will only do things that create jobs, even though that is un-sustainable?
The answer to turning around an economy is the most nimble part of the economy you can find. In years gone by, small business was the key, but the very bulk, and low profit margins, make this option less promising than it used to be.
We are left with the fastest thing around, new technology, to dig us deeper, as well as to dig us out of this mess.
Oh, and do try to keep up with cross-training (just my personal advice).
|
by
Tim Nelson
Member since:
March 11, 2007 For better and for worse
July 15, 2009 10:27 AM EDT
views: 30
|
rating: 10/10
(1 vote)
|
comments: 5
To Groups:
EXCUSE ME...DID YOU HAVE SOMETHING YOU WANTED TO SAY???, dumping ground for good and bad, MPR: Economic Lookouts, In the Loop Group, Post what doesn't FIT anywhere else!, Random Musings, Change the World, Innovation Futures, Do As You Wish, Minnesota Politics, News, Politics and the Economy, Chuck's Pub and Grill, The Political Middle
Please provide details below to help Gather review this content. If it is found to be inappropriate and in violation of the Gather Terms of Service, action will be taken.
You have successfully submitted a report for this post.
|
|
More by Tim Nelson |
||||
About Gather |
Engagement Marketing |
Make New Friends |
Gather Points |
Advertise on Gather |
Gather Press |
Privacy |
Terms of Service |
Community Guidelines
Books | Celebs | Entertainment | Family | Food | Health | Moms | Money | News | Politics | Spirituality | Sports | Travel | Writing
Books | Celebs | Entertainment | Family | Food | Health | Moms | Money | News | Politics | Spirituality | Sports | Travel | Writing
Version 16865, "Oz"; Copyright © 2009 Gather Inc. All rights reserved.


Comments: 5
I do think it is important to constantly upgrading one's skills so a person can remain competitive in any economy, no matter how tough it is.
It took many years to get us to this place and it will take time and effort to recover
Life's challanges are what you make of them. Keeping oneself up on recent developments in your field and the world at large are needed for everyone.
This is still America, the guy that turns the wrench can still open his own shop, the guy who cooks the food can still open his own shop.
Be creative, take some risks, you may succeed. Become your own boss. You can do it.