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TEN WAYS TO THRIVE IN A DOWNTURN

Ten ways to thrive in a downturn

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Ten ways to thrive in a downturn

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Page 1: Ten ways to thrive in a downturn

TEN WAYS TO THRIVE IN A DOWNTURN

Page 2: Ten ways to thrive in a downturn

1. Engage with the technology

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“When the rate of change outside exceeds the rate of change inside, the end is in sight.”

Jack Welch

1. Engage with the technology

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2. Use the language of business

Page 5: Ten ways to thrive in a downturn

2. Use the language of business

But surely employees

are our greatest asset

Page 6: Ten ways to thrive in a downturn

2. Use the language of business

Oh yeh, try telling that to Coca Cola, Facebook, BP, Glaxo, Barclays Bank …

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2. Use the language of business

Surely training should be seen as an investment, not a cost

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2. Use the language of business

OK. So what level of return can you give me

and with what confidence?

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3. Promote your brand (look after #1)

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4. Be proactive (don’t be a sitting duck)

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4. Be proactive (don’t be a sitting duck)

“Survivors must write new agendas while they still have desks to write on.”

Jay Cross (2008)

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This is a time for action, not for rearranging the deckchairs on the Titanic

4. Be proactive (don’t be a sitting duck)

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5. Learn from others (steal what you can)

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6. Take advantage of bargains

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7. Become more efficient

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8. Maintain quality

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9. Harness people power

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10. Get networked

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10. Get networked

“Instead of the individual having to evaluate and process every bit of information, she/he creates a personal network of trusted nodes: people and content, enhanced by technology. The act of knowledge is offloaded onto the network itself.”

George Siemens

Page 20: Ten ways to thrive in a downturn

10. Get networked

“Instead of the individual having to evaluate and process every bit of information, she/he creates a personal network of trusted nodes: people and content, enhanced by technology. The act of knowledge is offloaded onto the network itself.”

George Siemens

Page 21: Ten ways to thrive in a downturn

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