?? Invest in this Asset for 20x ROI ??
DNA India

?? Invest in this Asset for 20x ROI ??

This global pandemic has been a good wake up call. For many, the career escalator seems to have jammed yet again.

Whether it’s job loss, sector crisis (hospitality, tourism etc.) or even a company crisis (mergers, bans etc.), the fact is that there are no more jobs for life.

A Business Insider article (Jan’19) projected that over 6 million Indians will soon be part of the gig economy i.e. contractors, part-time workers, project-based hires etc. Thinking about it now, the pandemic would only have hastened the pace at which the projection turns to reality.

So, what does this mean for you?

  • Companies will be more aggressive in identifying roles that can be phased out in favour of gig workers
  • Annual reviews might be focused on assessing whether full-time employees (FTE) are adding more/less value than a gig worker

How should you future-proof yourself?

INVEST. IN. YOURSELF.

Over the years, you may have neglected / postponed taking the time out to up-skill. Your value may have depreciated. Investing in yourself and leveraging the growth of the gig economy should be top of mind.

You can begin by taking the following 5 actions:

  1. Identify trends in your industry / sector which you can capitalise on. For e.g. if your job was in the travel space; the pandemic negatively impacted that. But can it positively impact readership of content about “dream vacations” or “holiday destinations post-COVID”? Get a new perspective.
  2. Align your own values to what you seek to pursue in your career ahead.
  3. Identify 3 - 4 coaches & mentors who can guide you. Direction & support from these people can help you clearly articulate your USP.
  4. Begin to acquire the necessary skills to navigate both, changes on the horizon and those that are unforeseen.
Tip:
Go beyond functional & technical skills. The emerging world will need not only IQ, but also emotional intelligence & leadership behavioral skills.

5.      ACT NOW ON THESE 4 STEPS!

Invest in yourself today and be ready to take on the reality of the VUCA world.

The next Dot Com Boom, Global Financial Crisis, Recession or COVID-19 Pandemic may be just round the corner. Be prepared!

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