I am fed up listening to teachers, industry, media etc. talking only about recession and its negative impact of economy. But I always believe that there are always two sides of the coin. Let there be some positivity in the environment.
So what are the advantages of recession?
Are there any?
Shouldn't they be discussed?
Few I could think of, are as follows:
1) Recession led to drop in inflation. That's a really good news!
2) Students getting jobs in this time frame, will have great future ahead. Companies are really selective in hiring students and only the best will be recruited. Earlier when companies were on a hiring spree, It was about, "Survival of the fittest". But now, "Survival of the best". And I found, students preparing themselves extremely hard, to become the best.
3) All the "Whales" of the business have been struck badly by recession. Thus, companies with better operational strategies, better management, and better marketing would only succeed, even they being a "Fish". Now the playing field is leveled.
4) Its good time to do an MBA! Those who were planning to do it, but couldn’t get time out of their jobs, should get an MBA right now. Reason? In their job, their would be no increment in salary,and chances of being kicked out. Pass these 2 recessionary years, in an MBA college, and come back with flourishing salaries again.
5) Home Loan interest rates have reduced. Buy a house !!!
6)…
7)…
8)…
Its an open forum friends! Suggest few other advantages of recession, or criticize those pointed out.
I want this list to be as long as the disadvantages of recession.
Be a step ahead, think positive, think out of the box, and think… think… think…!!!
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About Me
- About Me
- I am an ardent Blogger, an enthusiastic Marketer, a Chemical Engineer and above all, a profound Thinker. I work for, Sales & Marketing Solutions, at Dun & Bradstreet. I did my MBA, in Marketing, from Alliance Business School, Bangalore, India, and B.Tech, from Institute of Engineering and Technology, Kanpur, India. I have also been associated with Tata Motors, during my internship, handling the product Tata Sumo Grande. I have won many Marketing Competitions, pan India.
2 comments:
There are still high paying jobs on certain job sites -
www.linkedin.com (professional networking)
www.careerbuilder.com (keyword job search)
www.realmatch.com (matches jobs based on skills)
good luck to those looking.
i just want to quote an old saying
"Heroes and Legends are born in Wars not In Peace"
This is a opportunity to get into a company and turn things around & create history.
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