The Business Times on 18
Sep 2015 reported that because of falling August domestic exports, Singapore could
be entering into a technical recession soon. Many people asked me what they
should do.
We have already seen a large swing towards the ruling party in the just concluded 2015 General Elections. Singaporeans sent a strong mandate to the ruling party as they want the government to be strong in handling the recession that may come.
So it seems that a
recession is imminent. Instead of panicking when the recession comes, why not
we ‘prevent’ the recession from happening to us? In other words, can we ‘recession proof’ our
career?
The proven way to
recession proof your career is to go for upgrading courses, for when you know
more, the easier your job will be. Some will tell you to stick to your current
employer, for at least you may get some retrenchment benefits in case your
employer gives you the pink letter. Recruitment firms advise employees to look
out for other job opportunities while still holding your current job so as to
‘get some insurance’. There are some
that will tell you to go and start your own business for this is the permanent
way to really protect your career.
The above advises are
definitely rewarding, for they are from many years of real-life experience. But
today I will teach you something that very few people teach: know your ‘Why’.
When you know you ‘Why’,
your ‘How’ will come out easily. With ‘How’ you will get ‘What’ you want.
Your ‘Why’ is the strong
reason why you need your job. Many people have the following reasons:
·
I need the job to support
my family
·
Without this job I cannot
survive
·
My vocation is my
vacation (I love my job)
·
The people in my job are
like my family
·
I have many mouths to
feed
·
I have tons of debt to
repay
The above reasons are
good, but they are not strong enough as they lack one thing: longer term
perspective.
When you hold on to your
job with a short term perspective like need to balance your bank account, how
can you ever have a long term job or career?
It is like you walking into DBS Bank and the bank told you that they
need your deposit to pay for salaries for the bank. Would you feel safe with
such a reason?
It is obvious that we need
a longer term ‘Why’ if we too want to have a long term career. With a long term
‘Why’, we will have the stamina and tenacity to surmount the challenges that may
come along the way. For example, DBS’s vision is ‘Living Breathing Asia’,
that’s why DBS can overcome the 2008 financial crisis that even banking giants
like Royal Bank of Scotland cannot overcome.
What would be your long
term ‘Why’ in your career? It can include
the following:
·
To fulfil your dream of
(whatever it is)
·
To realize your childhood
ambition
·
To see your children into
university of their choice
As a guide, your longer
term ‘Why’ must transcend your short term goals.
Examples of successful
careers with a strong long term ‘Why’
·
Facebook’s founder Mark
Zackerburg ‘To connect everyone’
·
Microsoft’s Bill Gates ‘A
computer at every desk’ (1980)
·
Air Asia ’s
Tony Fernandes ‘Now Everyone can fly’
·
Asia Trainers’ founder
Andy Ng ‘World Abundance through Business Re-education’
·
Jenuesse Global’s top
leader Ms Kim Hui “Strive to make your dream a reality’
By Andy Ng, a Business Coach and Trainer with
over 28 years of experience. Andy specialises in short but effective courses
that helps people to be more empowered and effective in their career and
business. All his courses are subsidised 60% by the government’s PIC scheme.
Email to andy@asiacoachingtraining.com
or visit www.asiatrainers.com now!
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