Learning in Challenging Times
- aayushvishnoi
- Jan 29, 2024
- 1 min read
We did it in 2008, 2020 and are doing it again. When going gets tough budget cuts are essential but the cuts are often non-strategic.
Successful companies invest in talent in tough times. Its a perfect time to upskill and reskill. Every recession/downturn is followed by disruption and the economy swinging back. By investing in people companies can ensure…
The employer employee relation thrives and does not become transactional (no quiet quitting)
Morale and engagement increases
Gives a meaning to the talent and a reason to stay when the bad times are over
Acquiring new skills ensures your employees are not stale at the end of the recession and you are not disrupted easily
With new frontiers opening in the space GenAI, Blockchain, IoT, and Spatial Computing,... don't forget to up-skill yourself and your talent. Cash flows of today can be managed, but long-term brain drain or non-engaged workforce cannot.
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