specifically recession is a period of general economic decline, a decline in GDP (growth domestic product) for two or more consecutive quarters, there is a decline in per capita income in all the sectors of the economy in this condition.
in very simple words, the hit in the economy is which is experienced by the rich, the poor, the organized and the unorganized sector.
for an individual, the GDP is his gradually diminishing potential as his capabilities are underutilized or in some cases unutilized. in such a condition it is indeed a challenge to stay focused especially for general public. this is a market imposed situation and everybody has to take the burden. it is no one’s mistake but all have to pay for it. the strength in this situation lies in accepting it and not fading away from our predetermined goals in life.
this could be achieved by a consistent patience level and by not jumping into bizarre decisions without proper thought. the key is to be open to the situations ahead, preparing mentally for the worst still hoping for the best, challenging the situation and ensuring the best of you is given in the current situation.
the recession has its own advantages too at the same time. this is the time when the employers would want to do away with the unproductive employees with strict boundaries set to them, in other words, recession should ensure a re-accession of the bad to go and good to remain.
stay focussed... recession is re-accession
1. understand your enterprise situation by asking questions to your seniors
2. do not give into rumours about the company status
3. remember to remind yourself of your strengths at least once in a day
4. reason yourself for choosing your career line and ask are you happy