Whether you're looking for a new career, trying to build your own business or working in a large corporation, it's all about managing the crazy pace of change.
"The key to managing change in these uncertain times is to have a good grasp of your strengths and weaknesses -- whether you're an individual or major corporation," says Terry Doerscher, co-author with Pat Durbin of the new book "Taming Change with Portfolio Management," which shows corporations how to systematically manage change.
For career professionals, being prepared to adjust your course can help you avoid being laid off, say experts. When companies downsize and try to stay afloat during turbulent times, there will naturally be shifts in priorities and responsibilities. The successful employee embraces these adjustments and pitches in. He or she may even consider going back to school for some additional training.
In business, keeping such turbulence under control comes down to setting goals and monitoring them. This can involve your small business marketing plan or your financial statements, but goal-setting is vital to success.
"Setting goals allows you to see the bigger picture and course-correct when needed," says Durbin. "And it allows you to see how people, work, and money can all serve one another."
It also helps if you put systems in place that automate change management. For example, e-mail alerts can keep you in the loop about new jobs and developments in your field. And businesses can benefit from software that helps them manage assets and investment portfolios.
"The key to managing change events is to understand them," says Doerscher. "You can then make good decisions about how to use your capacities to the benefit of your organization."
For more tips on how to be successful in tough times, check out "Taming Change with Portfolio Management" or visit tamingchange.com.
Stay flexible and success may soon be yours!