| 'Our employees are our biggest asset.' | | | | Which means that you need to have multitasking skill |
| How often have your heard this proclamation by | | | | and capability. The day of specialization has been long |
| CEO of big corporation in their company annual | | | | gone with the technology age. |
| dinners or official function? And when the company is | | | | Most employees and believe me tend to work hard |
| getting into trouble and need to restructuring, one of | | | | to accomplished their daily tasks and hope for an |
| the first few "assets" that must go will be their | | | | increment and perhaps a bonus at the end of the |
| biggest asset; i.e. their employees, how ironic, but it | | | | year. While they have increased their earning by |
| always happens. Laying off a certain numbers of | | | | having a job well done, but they fail to increase their |
| employees has become the perfect cure for most | | | | earning capability; which means that what they do is |
| ailing companies. After all, when the company is back | | | | what they only knew, anything further than that, |
| to normal, they can always recruit much better, more | | | | they would be lost. That makes them a perfect |
| qualified employees with a lower pay. | | | | target for retrenchment when the company needs |
| This formula seems to work most of the time if not | | | | restructuring |
| all the times. The credit crunch that affected the | | | | The way to avoid such an unpleasant situation is |
| world financial as well as many other business sectors | | | | always improving yourself outside your scope of |
| have not short of stories on employees being | | | | duties; learn something new on your own accord |
| retrenched just to let the company survive through | | | | without being told. Apply your new found knowledge |
| this tough time. | | | | and skill to your job and work smart. If your current |
| The business world changes so rapidly that if you are | | | | employer did not notice it, their competitors will. In |
| being complacent with what you are doing now and | | | | additional to learn something new related to your job, |
| believing that by satisfactorily fulfilling your obligation | | | | you may learn something totally different from your |
| and work under your job function, you will be in a | | | | work to increase your competency rather than just |
| rude shock when the companies are looking for | | | | capability. Your choice of employment will be wider |
| employees to lay off. Most companies today using | | | | than your peers who just stick to their own field. |
| Key Performance Indexes (KPI) to judge the | | | | Always remember to increase your own value first |
| performance of their employees, and many of these | | | | before other people start value you. |
| KPI are looking for generalist rather that specialist. | | | | |