Recession? Quit Worrying. Take ActionThe signs of a tech slowdown are everywhere: VARs are 'bracing for a spending lull'; IT pros are worried about their prospects; even the stock market bulls are ducking for cover. But chaotic conditions can offer opportunity for the observant and adaptible--and nobody does that better than solution providers. Robert Faletra starts us off with Steps To Take Now To Survive A Recession: "First off, it's time to act as if we are in a recession and understand there are ways to take advantage of that. Your customer set, for instance, is less likely to add head count now. That presents a sales opportunity to get in and emphasize your IT outsourcing capability. " We've also spoke to solution providers to collect their 8 Tips To Recession-Proof Your Business, while Business Week offers some advice along those same lines: "Improve your management reporting so you can identify leading indicators for your firm. You don't want to react late after you notice a drop in your monthly financials." At bMighty, they're seeing the glass half full: recessions are great times for hiring: "Every smaller business competing for tech talent with larger companies knows -- a great way to get good staff is when bigger companies are experiencing layoffs." And speaking of layoffs, it's not only businesses that need a Plan B. Lifehacker compiles a few recommendations to help Recession-Proof Your Career. Posted by Joe Caponi at 12:52 PM, February 14, 2008 This is a public forum. United Business Media and its affiliates are not responsible for and do not control what is posted herein. United Business Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers. Community standards in this comment area do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this comment area becomes the property of United Business Media LLC and may be edited and republished in print or electronic format as outlined in United Business Media's Terms of Service. Important Note: This comment area is NOT intended for commercial messages or solicitations of business. |
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