g wide-spread decisions to effectively cut all costs necessary to operate their businesses are financially in worse shape than those who have maintained operations and methodically evaluated where to focus cost cutting (and also where to focus spending).
I call these "knee-jerk" blanket cost cutting decisions Emotional Management and will suggest that everyone be wary of it.
That being said, I do not mean to be fueling anyone's frustration with the decision of managers at your own company. Rather, I am proposing a focus on the process with which you are making your own decisions. Recruiting, in my opinion, is not a hobby or a job, but a business - whether you are working independently or for a larger firm. Every recruiter manages their own relationships with both clients and candidates and is thus, running their own business.
So how are you making your decisions?
Are you cutting costs because of a fear of the unknown - the unknown length of the recession, the unknown direction of the economy in 3 months, the unknown ability for you to make a sale next month?
Or are you cutting costs because you are reviewing your business and determining which costs are necessary for survival, which are necessary for growth, and which costs are "lifestyle" - costs you would like to keep but are not necessary to the survival of your business.
If your decision making process is based on the unknown, you are likely making emotional decisions. Emotional decisions do not often fall into a greater plan - which means your outcome, similar to your decision making process, will be unknown. This can unfortunately lead to a downward spiral.
If you are not sure how to put together a plan to evaluate your expenditures, may I propose the Benjamin Franklin Decision Making process. I unfortunately cannot find a great website to source for this, but a Google search will support this process. Benjamin Franklin Decision Making is simple, draw a "T" on a piece of paper. At the top of the T, write down the cost - a service, product or labor you are paying for. On the left hand side, list all the Pros and on the right hand side, list all the Cons. After evaluating whether this cost is necessary for survival, can help fuel growth, or is a "lifestyle" cost, then you can comfortably determine whether to keep it or not.
Going through this process will help you feel more comfortable with your decisions and will also be the beginning of a plan. You will know which costs are necessary for survival and growth - and those are the bare minimums you need to cover. (If you are wondering why I consider growth a necessary cost, read my article on why you need to focus on marketing and advertising in a recession). When you feel comfortable you can support these costs, then you can evaluate which "lifestyle" costs to include in your budget.
Having a plan is critical in preparing for the months ahead. I'll end with a quote from Benjamin Franklin: "Failing to prepare, is preparing to fail." Know how you're making your decisions.…
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nvironmental friendly. Do you think I would be able to do on my own? Where do I start?
Answer from Bayt.com HR Guru: Allow us to first congratulate you for your proactivity. Going green will indeed not only help you take part in preserving the environment as an individual but also boost your morale and productivity as stated in a recent poll conducted by Bayt.com by 88% of working professionals in the Middle East. The fact that your employer has not yet adopted green practices does not mean you cannot take the initiative yourself. Start by doing the below:
- Adopt a green lifestyle at home: You cannot hope to go green at the workplace and get people to follow your lead if you are not adopting a green lifestyle in general. Going green at home is not a strenuous task. Top green rituals to keep in mind are: using recyclable paper shopping/ grocery bags, recycling magazine and newspapers, turning off the lights before leaving your room/house, buying foods locally, substituting a car ride for a bike ride or a walk whenever/ wherever possible, steering away from the laundry machine and letting the sun do all the work for you instead. Make sure your kids are aware at an early age of the benefits of a green lifestyle and guide them gently to follow your steps. These habits will be kept with them for a lifetime and will also be carried along to the following generation.
- Depend on daylight while you can: You’re present in the office for at least 8 hours a day- meaning natural light could easily be engulfing your space for at least half of your day. Think twice before putting the lights on and make it a point to turn them off every time you step out of your office. In case the sun does not really have a way to your office, are eco- friendly light bulbs an idea you could possibly pitch to your management?
- Reduce paper waste: Go digital and avoid printing. If you are left with no other alternative, print on both sides (and set your printer on “draft” as default mode) keeping in mind not every document/ e-mail or article needs to be printed out. Remember to suggest using recyclable paper (or at least get a set of recyclable paper that you can personally use).
- Bring your lunch in a reusable container: Take the time to cook your food at home- preferably local and /or organic- then pack it in a reusable container along with reusable plates and cutlery. Keep in mind that deliveries always leave packaging waste behind- and are rarely healthy for you. Post-lunch Coffee? Aim for reusable coffee filter.
For more Tips on how to go green in the office, read through this article about going green on Bayt.com Career Center: http://www.bayt.com/en/career-article-8261
Hiring? Visit: http://www.bayt.com/en/home-emp/…
ses in order, the sooner they can start borrowing again." More here.
CREDIT CARD DEBT....This issue is hardly discussed right now. The American media is too busy fretting over a 4.9 percent decline in holiday sales. As people lose their jobs, they struggle to pay bills. Unemployment insurance hardly covers a $100K (US) lifestyle. I am worried about a wave of credit card defaults that could drive down more banks. The U.S. Federal Reserve has used all their ammo to jump start the economy.…
s to clients from Venice, Prague and Singapore. I have negotiated and made placements while in Istanbul, Oaxaca, Bali and Santorini. The wonderful part of recruiting is that as long as I have a phone I can work. I don't mind and my family doesn't mind. In fact they understand that my calls pay for our vacations and our lifestyle. Any recruiter who only wants to work 9-5 is doomed to failure. My average week is way, way beyond 60 hours, but I don't keep count. It keeps me sane. Besides, recruiting is fun.…
take the test yourself and see what your Type is: http://www.lifehack.org/articles/lifestyle/which-personality-type-a...
I must note, as well, that having played about 50,000 games of chess, I did like the photo that begins the article. :)
I will respond to one point: "give them lots of problems to solve and a never-ending task list they can be passionate about" -- this is actually very insightful. The problem, for me, is NOT always having a task-list I can be passionate about. It is, after all, somewhat hard to always work the most fascinating and exciting Searches in the world. They are really a little "few and far between". Nonetheless, as far as I am concerned, the worst assignment I can end up with is one that is pure "busy work" (i.e. bunk, no real hiring need, no pay, waste of time, etc.). MORAL: Don't wastw an INTJ's precious time, unless you have a serious 'death wish' (in my humble opinion).
Another thing I will add is that personality types may tend to run in families. The INTJ is often referred to as "The Scientist" (or sometimes "The Architect"), and I am related to at least two of the most famous Scientists in world history -- Isaac Newton and Norman Borlaug.