There is always something going on that we can "take advantage of". When we are in school, we can take advantage of the opportunity to learn new things in a free thinking environment. When we are on vacation, we can take advantage of the opportunity to sit back, relax and have a good time. When the weekend comes, we can take advantage of the opportunity to get some extra things done around the house, or to see to some friends. Now, we find ourselves in a recession. So, the natural question is, "What can we do to take advantage of the recession?"
A recession provides us with the opportunity to do some introspection. One way to think about it is to consider what it is like when we are not in recession. When we are not in recession, we tend to be more revenue-driven, whereas, by contrast, we become more cost-driven during a recession. Hence, I would say that a recession is a great chance to do the introspection necessary to put our costs in order. However, this seems to obvious and I think there’s much more opportunity in a recession than this.
In this rapidly changing world, if all that changed between boom and bust cycles was the opportunity to change emphasis between revenues and costs, we would have a pretty simple model. However, the reality is that we live in a world of innovation and ideas. We live in a world of industry restructuring of realignment and of evolution. I think the recession gives us the opportunity to tap into these larger areas.
We need to rethink much more than costs in the recession. We need to completely rethink what it is we are doing. We need to look at what projects are most important and which ones are necessary at all. We can apply a great deal of innovation on how we manage projects. We can initiate new practices of brainstorming and leveraging the capabilities better and better of each and every person on our team. We can innovate in a way we communicate with stakeholders, and in a way we ask our stakeholders to communicate with us. We can innovate in a way we evaluate performance. We can take some processes and practices and completely turn them upside down, and see what might happen.
Indeed, I think the recession is a time for rethinking. It is a time when all tend to be more open to ideas for change than is the case when times are good. Let’s take advantage of the recession and recognize the potential changes that are uniquely within our grasp at this special time. Let’s take advantage of the recession.
______________________
John Reiling, PMP
Project Management Training Online
Lean Six Sigma Training Online
19 responses so far ↓
1 best fat loss supplement for men // Sep 11, 2011 at 6:12 pm
Gems form the internet…
[...]very few websites that happen to be detailed below, from our point of view are undoubtedly well worth checking out[...]……
2 christmas tree of might // Nov 12, 2011 at 2:38 am
artificial christmas tree…
This is really fascinating, You’re an overly skilled blogger. I have joined your feed and stay up for in the hunt for extra of your fantastic post….
3 Briana Discenza // Nov 17, 2011 at 9:58 am
newsletter anmelden…
[...]content on other blogs so i hope this is enough to collect information and to work on it..[...]…
4 jwoww tanning lotion // Nov 21, 2011 at 10:15 pm
Superb website……
[...]always a big fan of linking to bloggers that I love but don’t get a lot of link love from[...]………
5 getting help with medical bills // Dec 5, 2011 at 9:09 am
Sources…
[...]check below, are some totally unrelated websites to ours, however, they are most trustworthy sources that we use[...]……
6 brother pe770 reviews // Dec 7, 2011 at 8:53 pm
far east movement wiki…
[...]Plowright, a disease ecologist at the Pennsylvania State University’s Center [...]…
7 white hat seo // Dec 9, 2011 at 2:10 pm
modern politics and government…
[...]have been more outbreaks of Hendra in 2011 [...]…
8 pokies 50 lions download free // Dec 9, 2011 at 3:18 pm
far east male to male photography…
[...]floods are expected more frequently with climate change – so[...]…
9 Chicken And Shrimp Recipes // Dec 10, 2011 at 5:47 am
Trackback for a Great Article……
[... ]Left you a trackback for your readers to get more info[... ]………
10 Chicken Recipes For Dinner // Dec 11, 2011 at 4:40 am
Related………
[... ]just beneath, are numerous totally possibly not related sites to our bait, however, they are absolutely worth going over[... ]………
11 Nikon SB-910 Speedlight Flash // Dec 11, 2011 at 7:36 am
far east organisation malls…
[...]It was as if Hendra virus awoke[...]…
12 children's needlepoint stocking with dogs // Dec 12, 2011 at 5:32 am
far eastern economic review pol pot…
[...]It was as if Hendra virus awoke[...]…
13 t racer wide area surface cleaner // Dec 12, 2011 at 6:10 pm
far east movement lyrics if i was you…
[...]hendra virus is just one of a number of [...]…
14 Foal Color Calculator // Dec 13, 2011 at 9:54 am
Sources……
[...]check below, are some totally unrelated websites to ours, however, they are most trustworthy sources that we use[...]………
15 Spanish courses online // Dec 13, 2011 at 2:28 pm
far east plaza apartments singapore…
[...]soap films are mechanically stable when they meet at angles of 120[...]…
16 hummingbird feeders // Dec 14, 2011 at 2:49 pm
far east organisation…
[...]surface area of the bubbles and the stability of the many interlocking faces[...]…
17 b3 walking sprinkler // Dec 15, 2011 at 4:49 am
far east florist malaysia…
[...]have been more outbreaks of Hendra in 2011 [...]…
18 snoring mask // Dec 25, 2011 at 12:24 pm
far east chinese-english dictionary…
[...]also called flying foxes, spread the disease to horses[...]…
19 Chris Penn // Jan 16, 2012 at 6:52 am
far east florist…
[...]four films meet at the tetrahedral angle of about 109.5[...]…
You must log in to post a comment.