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Friday, October 10, 2008

3 Reasons Not to Panic About Your Job

"We have nothing to fear but fear itself." - Franklin Delano Roosevelt

You've heard those words before but what does it really mean to your career? Why shouldn't you be panicking right now?

--1)For starters, panic never helped anyone think clearly or make rational decisions. If you're frantic over what's happening on Wall Street (and yes there are some serious economic challenges occurring) you may be putting your career at risk. Here's what I mean - when you start to operate from a place of panic and fear at work, you're more apt to second guess yourself, miss details and ultimately make more mistakes - the very things you want to avoid right now. So calm down. Take a walk, play a game with your kids, go see a movie and by all means, don't panic.

Posted by maggie at 12:35 PM
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Monday, September 22, 2008

Time for Career Strategy as well as Financial Strategy

I responded to a recent question on LinkedIn.com - "What's your biggest concern with regards to the US Financial Market crisis?" I think it was aimed at people managing money on Wall Street but I felt the need to expand the focus. Here's my response:

"My biggest concern is that people react to the situation rather than proactively strategizing what it means to their careers. In every challenge there are opportunities especially if you are positioned to take advantage of them. We are witnessing a fundamental change in Wall Street that will impact Main Street. The sooner people focus their attention on planning their career strategy, the sooner they can implement those plans and stay ahead despite any adverse changes in the economy."

I'm not trying to scare anyone. I'm merely pointing out that reacting to change is not an effective career strategy. Knowledge truly is power.

Posted by maggie at 6:00 PM
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Wednesday, September 17, 2008

Smart Career Resources For Tough Times

"We never thought it would get this bad." Words from one employee affected by the changes that are hitting Wall Street this week.

Most are in shock but realize action is necessary to weather the storm effectively. If you are looking for support and advice, here are sites I've found useful:
--Collection of career advice from expert career coaches and authors
--Free career how-to videos on finding a job during tough times, landing a recession-proof job and acing a job interview
--Tips from the NYTimes.com if you're Out of Work on Wall Street

My advice, take this as a wake up call - focus on your passion and your unique strengths and the money will follow. And I walk the talk.

Posted by maggie at 10:56 AM
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Monday, September 15, 2008

Recovering from Career Crisis

If you haven't heard, today shock waves went through Wall Street. Sadly, I know how these employees are feeling. It's de ja vu back to my experience with the Andersen/Enron debacle.

Going through a corporate crisis is not something I recommend. Though I have to say it has made me stronger. For those personally impacted by the changes announced today on Wall Street, I do have some advice that can help you not only cope with the situation but use it as a springboard to take charge of your career.

--Take stock of what you do have. It's amazing how crisis puts things in perspective. Be thankful for your health, friends, family, skills, experience, savings. It will help you see that you have support to move on.

Posted by maggie at 11:42 AM
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