7 Strategies to Credit Crunch Proof Your Career

Every time you open a newspaper nowadays, theyou may be safer than most.
first thing you see is the current fear of a recession,4. Make yourself indispensable: Be ready to take on
the credit crunch, the banking crisis and the difficultnew tasks even over and above your usual activities.
days ahead with a downturn of the economy. ItVolunteering to take on new tasks helps in making
seems obvious that there will be cost cuttingyou indispensable as a person who can undertake
measures within some organizations, which in turnany activity happily. That will help list you out as an
triggers fears of downsizing. Keeping this in mind, it isimportant team member not worth losing. Find ways
better to credit crunch proof your career when thereto contribute innovatively to your company. Be an
is still time. Even if your company is not affectedactive team player.
right now, it is necessary that you build up a strategy5. Start networking: It helps having a good supportive
to safeguard yourself. There are no magic answersnetwork. Keep in touch with former colleagues in
or sure shot solutions but these tactics can help toother organizations, you previous bosses etc., which
give you confidence and an added edge.can help you find other job opportunities whenever
1. Update your skills and learn new skills: Now is thethe need arises. Be equally helpful to your contact as
time to invest more in yourself. Update your skills infar as possible, as then only can you expect them to
your current areas of work. Similarly, learn new skillsreturn the favor.
like IT skills. You may take up new courses or6. Plan your finances carefully: Building up your financial
trainings that will enhance your resume and can provereserves is necessary. Even if you may be given a
to be helpful not just in your current job but also anyredundancy package it may take some time to
new opportunities if the need be.come. If you have some financial reserve to last you
2. Target your resume for specific jobs: Design andat least 6 months, you would not go deeper in the
develop a resume that is fully targeted for a specifictrough. Plan you finances carefully with your current
job that you are applying for. It should not be ajob at hand.
generic list of your qualifications and experience. If7. Don't hide: Do not make yourself invisible,
you are unable to do so yourself, invest some time inconsidering that you would not get axed because of
learning this skill. Only a professionally targetedit. Get up and prove yourself so that you become a
resume can take you further to an interview level.bit safer. Your clients and boss need to see results
Your resume should stand out from the rest andnow. Try to solve immediate needs.
should be appealing enough to the employers.You can credit crunch proof your career by taking
3.Get yourself noticed: At your current job, takesome wise decisions and making the effort to
efforts to be noticed. Make sure your boss is awareenhance your skills. Be alert and positive and work
of your achievements. If you are given anhard to get yourself in a better position during these
opportunity for a new role and responsibility, take itdifficult times.
up. If you are involved in a very important project,