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[M654]Mortgage Job Loss Insurance
by Christopher Boulanger, Chr

In order to regain your momentum (and earning potential), you will need to think strategically and assess your situation objectively. Below, we outline some things you should think about if you are currently facing employment problems, or just want to be prepared.

UNDERSTAND YOUR SKILLS

The first crucial step when planning a career change or pursuing new employment is to take stock of what you know and what weaknesses you have. For example, if you are a great analyst but a poor communicator, then look for a role where you can utilize your analytical skills but won't have to give many presentations. At the same time, if you know your presentation and writing skills need work, start looking for opportunities to speak more. Informal meet-ups of peers and professional organization events are both great ways to build your speaking skills (and network).

We all have areas that we excel in and those that, despite training and experience, we still struggle with. Understanding both sides of your skill set lets you focus your efforts on roles where you will achieve the best results.

GET TALKING

Perhaps the most important and most poorly utilized asset any professional has is their network. When you are looking for a change or need new employment, it's the people you know that will be your best source of insight and leads. If you think about your relationships – friends, family, and colleagues – and make the effort to touch base with them, you will be amazed how many new opportunities can appear. Of course, this assumes that you have remained in contact and have been a resource to them in the past (whether personal or professional).

Many times, our pride stops us from asking for an introduction or a recommendation, but the truth is that the people around you want to help you. Not only will it make them feel good to lend a hand, but its also good business: while you may be in need now; who can say when the positions may be reversed? By helping you out now, they strengthen their own network and create new possibilities for their own advancement. It's a win-win situation.

BE AWARE

Even the most conservative industries experience change: maybe it's a tool that streamlines processes and makes people redundant, or, a new initiative that brings specialized-skills into demand. Either way, there will be winners and losers from the changes.

The trick to being a winner is knowing what's coming. Of course, you are not psychic and often company decisions are opaque; but you should always be looking for information about your industry, company, and clients:

1. Perhaps you've noticed that more and more customer service is being shipped offshore?

2. Perhaps a previously non-critical business division is suddenly a major revenue generator?

3. Perhaps one of your peers has been recruited by another firm due to skills and experience you also possess?

4. Perhaps a client is looking for additional services that your company provides, but no one has put together a clean proposal to capture the additional business?

These are just some of the scenarios that occur in every industry. If you are paying attention, you may be able to capitalize on any of them.

1. If off-shoring is occurring, look for the niches that are less transferable or start preparing for a job search.

2. If a division is getting mentioned more, see if you can work on a joint project that will gain you visibility or see if they could use your skill set.

3. If you have transferable skills and experience, then why not look at other industries. Getting outside your comfort zone can offer a huge benefit – especially, if your skills are in short supply in a younger industry (or an older one experiencing a shift).

4. Don't assume someone else will make the pitch. Maybe you aren't the one to close the deal, but if you put the idea in front of the client you can gain a new contact and pickup some recognition for 'going beyond the call of duty'. Taking initiative is crucial to your success.

CONCLUSION

Your job might depend on a company, but your career is your responsibility. Hopefully, you will take some of the ideas discussed above and incorporate them into your career strategy. If you are in a dead-end job, then now is the time to take stock and find a way out. If you are currently looking for a job, then make sure you are searching efficiently and looking at the right opportunities.

Either way, you will need to keep your eyes on your skills, your voice in conversations, and your ear to the ground.

Good luck.


Every time a new, more advanced technology is introduced into any industry; there is always some form of retraining, reduction in scope, or redundancy. Why then has offshore outsourcing created so much uproar? Probably because of the scale and speed of change!

Comparative advantage! Yes, that what fuels offshore outsourcing. A benefit in cost, skill or speed provided by a country in comparison to other countries draws business from the United States and other western nations. In the 1980’s this transition began with the manufacturing industry, who in order to save labor costs continued to do their design, development and marketing work on their own while outsourcing their manufacturing operations. The same trend is being mirrored by the service industry. To stay in the competition and to stay afloat, downsizing/ laying off, cost cutting, investment in new technologies, process reengineering and outsourcing become necessary. In fact, these are the factors that drive outsourcing. Why then is outsourcing considered the prime culprit for the job losses?

More than outsourcing, it is productivity that is responsible for the current situation. The rising productivity in the US means a growing number of jobs which are to be accomplished by a fewer number of men. Labor costs are falling but capital costs are falling faster, and that makes it more advantageous to invest rather than to hire. The cost savings are invested in innovations or building a competitive edge. And, the fact that is not so often cited is that the United States imports far more jobs than it exports and has the best re-employment rate in the world.

Also, what is lacking today to cause this furor over outsourcing is probably the fact that in the current productivity boom there are no new and innovative industries that create jobs to replace those that are lost, like the car manufacturing industry in the 1920s, commercial aviation in the 1950s and 1960s and information technology in the 1990s. Currently, we are all waiting for the next big thing to happen, be it healthcare, pharma, biotech, energy �" all of which can make a big impact.

Hence, the negative connotations of outsourcing will not really help in increasing the number of jobs in the US but they will definitely limit and restrict productivity. Moreover, there’s very little to show that outsourcing does in fact cause job loss in the US. On the contrary, a Boston University Professor examined the effect of outsourcing on large financial firms, and found that less than 20 per cent of workers affected by outsourcing lose their jobs; the rest are repositioned within the firms.

In the present scenario, sectors such as construction and health care are positioned to exploit the benefits of outsourcing to the fullest. The result will be a decrease in their cost of production, and improvement in quality and output.

Article Source : Hunting Guides In Nd

About Author
Both Christopher Boulanger & Fleming Parker are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Christopher Boulanger has sinced written about articles on various topics from Computers and The Internet, Careers and Job Hunting. Diversified Recruitment, Inc. (DRI) is an online resource for MBAs and other professionals. The Staff Writers have created a collection of hundreds of articles on a wide range of business and career topics. Visit. Christopher Boulanger's top article generates over 2400 views. to your Favourites.

Fleming Parker has sinced written about articles on various topics from Careers and Job Hunting, Outsourcing and Outsourcing. We are a team of Online marketing and SEO professionals. We offer high end outsourcing services by providing an online portal, intended to offer public views on all aspects of outsourcing. For more information visit. Fleming Parker's top article generates over 3600 views. to your Favourites.
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