Whitepaper: Recession Proof Careers
Numerous global events have repeatedly redefined the business landscape. Certain events that come to mind include the industrial revolutions, the World Wars, the Great Depression, the Dotcom Bubble Crash, the Global Financial Crisis in 2009 and now, the Great Lockdown of 2020.
Each event has in their own way impacted global businesses and industries, in turn affecting the job market. This includes graduating students, individuals looking to make a pivot in their career or those looking to progress in their chosen field. In the case of international students, operating far from their realm of comfort, this impact is multi-fold. Not only are they in a new environment with fledgling networks, companies and employers often do not recognize previous experience, citing lack of exposure to domestic markets. In times of economic downturns, companies are more than likely to recruit people with demonstrable experience in familiar environments.
An omnipresent turbulent business environment is currently more prevalent, with new technologies and market dynamics changing traditional standard operating procedures. When combined with global downturns, this turbulence is magnified, throwing a career search into turmoil.
However, there are ways that downturns can be utilized to one’s advantage. Each significant economical event has witnessed a shift in the horizon across industries, providing an opportunity that can be capitalized on to achieve success.
Visibility is paramount. With technology now replacing human interactions in the recruitment process, there are several boxes that need to be checked to move through a process. Garnering prominence in a field helps provide a considerable amount of credibility and knowledge. This prominence can be achieved by focusing on self-branding and promotion to get roles that were once considered unattainable.
This whitepaper focuses on the do’s and don’ts of establishing oneself in a new career, new role, or industry, or even a new geography. The objective is to exhibit the power of creating a strategic approach to a career search and achieve the desired outcome.
Topics covered:
Recessions and Unemployment
Building a Recession Proof Career
Recruitment Automation
Personal Branding
Growing Networks
Professional Development
Key Takeaways and Recommendations