Reading the news about GM I wondered who is prepared? How many of the workers have a concrete back up plan? Probably not many. 8,000 salaried employees are also being “trimmed.” Combined, GM is cutting 10% of its workforce.
Ms. Barra said no single factor had prompted G.M.’s cutbacks. “We are taking these actions now while the company and the economy are strong to stay in front of a fast-changing market.”
This announcement is in stark contrast to all the Now Hiring signs I have seen in windows up and down the east coast. The current strength of the economy makes this announcement seem out of place. But I believe we will see more of this going forward.
Jim Clifton, The Chairman of Gallop, wrote The Coming Jobs War in 2011. He predicted GM’s actions seven years before it happened. Jobs for life are disappearing. If you don’t believe it, just ask the GM workers. This shift to a Protean workplace has already begun. Those who prepare now will have the best chance to win their place.
Three ways you can prepare include:
- Develop an entrepreneur mindset. This positions you to have an optimistic view of your circumstances. It allows you to keep your options open, and helps you develop a determined, never quit attitude.
- Know your strengths. Understanding what you have to offer is the first step in demonstrating that value in your current position and to a future employer. Creating a marketing document and keeping it up-to-date helps remind you of your worth in the marketplace. Today, we call this a resume.
- Stay connected and act. This may be as simple as volunteering with an organization you find rewarding. Or inviting a colleague to lunch to learn more about their division of the company. Networking will continue to open doors for those who take action and cultivate relationships. It is an investment in your future.
GM’s actions will create hardships for the majority of those who lose their jobs. Yet you can learn from GM and position yourself for any eventuality in the new workforce. Review these tips and start preparing now. If you never experience a layoff, these tools will still build your confidence and your career success. But if you wake up to find you are being “trimmed…”