Opportunities in a Downturn

People have been forced to unlearn old behaviors and pick up new ones as a result of the Covid-19 pandemic, which significantly disrupted our world. In such a situation, businesses or people who want to come out of the crisis stronger must acquire a methodical awareness of shifting behaviors.

It is a time to re-evaluate your growth prospects, adjust your strategies to better capitalize on those prospects, and reallocate your time and energy more efficiently. Some of the ways new opportunities can be created and harnessed are:

Developing New Skills

People who are looking for promotion opportunities or a new job should practice building specific skills including crisis management, workforce resiliency, corporate agility, cost management, and creativity. Few employers saw these competencies as crucial to their businesses before the pandemic. However, employers give top priority to these skills, as a survey by the IBM Institute for Business Value has revealed.

It is the right time to move out of your comfort zone and restock your quiver with a new set of arrows.

Evolving in Current Roles

As a result of the pandemic, there are fewer possibilities for spontaneous in-person meetings at work, restricting the managerial role mostly to monitoring and performance appraisal. The manager-employee connection is much more than that and involves mentoring as an essential ingredient. Learning better management and leadership skills will enhance your employee experience,  extend their sense of belonging to the company, and open doors for your personal advancement.

Bracing for Perpetual Change

Setting yourself up for perpetual change will give you the resilience to face unavoidable disruption and constant unpredictability. You need a new mindset, a new learning muscle that could help you ride through any role change challenges happening in your industry.

Taking Career Leaps and Move to Accelerated Growth 

It’s not just about surviving the crisis but also thriving in the post-crisis environment. The disruptions have opened doors and technology has paved the path to new opportunities. What you need is to get clarity on your future - find a new vision, chalk out the path, find support in the form of mentors, and just go for it.

It’s a new world out there, and it is waiting for you to explore. All you need is a willingness to step out of your comfort zone, follow your passion, and maybe find a guide to show you the way, hold your hand and lead you along. 

We at Godunkit have an array of coaches and programs that can fill this crucial gap on your growth journey. Check out our coaches and  programs here to see what fits your needs best. You can also place a call back request and our mentors will connect with you.

 

References

1. Harvard Business Review, 2020

2. Gartner, 2022