The Learning Circuit’s Blog Big Question of the Month is “What is the impact of the economy on you and your organization? What are you doing as a result?”. Heavy topic, but appropriate for the times. I’ll answer two-fold: myself, and what I see for clients.
First, the impact: for some organizations it appears mostly an issue of scale, trying to do more with less, but for others it’s more cataclysmic; layoffs, no ability to secure capital for activity, no new business. For me, it’s several projects that have gone on hold (extra capability available, call now, operators are standing by).
I’ve gone off already on the economic times and what I see are valuable steps for organizations: investing in capability. I very much believe in walking the walk, so I’m investing in my own capability . I’ve checked out some non-fiction books from the library that I’m reading to expand my abilities, I revamped my website (and continuing to improve it), writing a new article, and I’ve started a new blog series on ID.
The point is to use down-time to be prepared to capitalize on the up-time. Fingers crossed for all of us that it occurs soon.