Jaya
Jagannath,
A director decided to award a prize of Rs.1000 for the
best idea for saving the company money during the recession. It was
won by a young executive who suggested reducing the prize money to
Rs.100. Ok, stories apart.
The whole point of this story is to encourage employees to start
thinking about how to save employer’s wealth. Thus not only help the
employer sail thru, but also to take along the employee across
recession ocean.
As an employee what can we do :
• First of all an employee should take it for granted that employers
are not money plants. Think mutually. Plan for each and every activities
and steps that you take as a part of your profession. Ensure you
yield maximum that benefit maximum to your company and that too at
the least cost of investment.
• Try to find out all those activities, scenarios and parameters
that are causing huge expenditure to the employer and can be
survived without. Find out all those facilities that comes under
luxury category. Suggest your management and ensure them that
employees can still manage without them. Thus at one end maximize
company’s profit margin and on the other end minimize it’s
investment.
• Although in your circle and project segment, design along with
your colleagues and manager, a better strategy, framework and suite
to find out how to enhance your output, productivity and how to
measure it’s influence over Return on Investment (ROI).
• Learn market competitor’s strategy, find out how to explore more
potential business in the market. Suggest the marketing and sales
department about every scope of opportunities that can be feasible
to spread corporate business along. Remember ever company that
spreads wings across market are being backed by a strong team of
strategy makers who are non other than the best brains among their
normal employees at the end level.
• Try to educate co employees about the crucial need of the hour.
After all money is not everything, but being a loyal employee during
it’s economy break down time is much more than true devotion.
• Make the best of your deliverables, do it much well before time
and do it cent percent perfect. Client once delivered with this
deliverables must ensure to enhance business and also introduce more
potential customers to your company.
• For cost cutting if your management decides to trim work force,
help them with alternate solutions of cost cutting. A good approach
can be like suggest the management to design a step wise approach in
trimming highly paid but less effective employees. step 1 should be
to reduce their salary by 50% of all least performers. give them
time to prove their productivity, else again reduce pay by half, do
this for five steps. The management objectives will be solved, but
the employee also get fair chance to prove his worth or else not get
a shock at least.
During recession or aftermaths, Thinking straight may not always
help. Let's think a twist. Let's spin the ball now. Objective is to
hit those same job sticks, but avoiding the layoff bat. Although
it's not a dawn of Economic boom up, but still many big companies
are recruiting. Looking for best of the breed of professionals and
even offering close to one and half times of current scale. All you
need is to make yourself the best eligible and get the right offer
pocketed. Jaya Jagannath.
Any qns u want to ask us?
Before I could join how best can I prepare myself to be proved as
best suitable for the ongoing project at your end ?
Resume your gate way to Profession
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candidates
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25 top secrets to be the best employee
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Regards
Team
Nilachakra |