There are those who are very concerned about survival in 2009 and then there are those who are planning to not only survive but prosper.The difference between the two perspectives is creativity and a “can do” attitude.p>
Social technology offers some very creative ways to grow you business while reducing expenses. The question for every small business is will you take advantage of the opportunities to maximize your business opportunities by leveraging virtual world options.
Nearly ten years ago, an article in Building Design & Construction purported that “e-commerce and other technological advances will alter how property is designed, developed, redeveloped, used and valued in the new millennium.”
This crystal ball of real estate foresaw moderated growth in demand and modified use of the office, as well as industrial and retail properties, based on responses in a survey of real estate experts. What that prognostication didn’t pinpoint was the pot-holed economic times that would be ahead. Published in 2000, this report predated the national gasp and subsequent economic pause caused by September 2001, mixed with a Dotcom Crash that spanned the first two years of “the new millennium.” And it certainly shone no light on the recession that would take hold a decade later—an economic pit reminiscent of the Depression dust bowl of the 1930’s.
As we witness daily headlines discussing economic, organizational and systemic changes globally we can see how “virtual” our worlds are becoming.
Information is now available 24/7. The overload of information is being vetted by a few with the aim of finding new knowledge that can be applied to innovation. From innovation organizations can learn to create new currency. The virtual organization of the future will capitalize on these very opportunities.
Is Your Business Prepared for the Change?
There’s been banter about our being in an economic recovery the last couple of weeks. Of course, most of those decreeing “recovery” are using rather small megaphones, and they all keep adding “good luck surviving the recovery.” Nonetheless, what goes down must, eventually, go up, and savvy business owners are already looking ahead.
For some business prognosticators, there’s a key trend on the horizon that could make an economic upswing as challenging to navigate as this current downturn. Word is that talent shortages await many businesses looking to grow in the not-so-distant future. There are many reasons for this anticipated draining of the talent pool, but the short version is that there’s a rising skills mismatch in our country (read Erickson’s full article in Harvard Business Review for details) in which there’ll be fewer qualified workers for the types of jobs generated.
Whether you’re the corporate type or an entrepreneur, the common denominator in your career is you. Work situations may ebb and flow, but you’ll always be working with “you.”
In our present work-a-day world, there seems to be more flowing than ebbing with work situations. We all likely know someone whose tenure with a corporation has come to an end (not by choice) or who’s had notable changes to compensation structure. Likewise, we may have seen that someone get inspired to start a new business, take strides toward long-harbored dreams or simply be motivated to define himself/herself again. Perhaps that someone is you.
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