A Brand For All Seasons
No doubt about it, it’s easier to succeed in a hot economy when revenues and budgets are high. In a tough economy, like this one, you need to make sure your brand is in tune with the current market conditions. By “in tune,” I don’t mean feeling down like the down economy – a sentiment I’ve faced with some of my coaching clients. It takes some visioning to see light at the end of the tunnel, but it is there. And there will be times in the future when the business prognosis is sunny.
In the meantime, here are some tips on how to thrive and succeed in the periods when belt tightening is the order of day.
1. Have a reputation for results.
Be a producer who gets results, and look for ways to cost-effectively improve your department’s performance. It’s also important to communicate the results of your successful projects and initiatives.
2. Resist the complain brigade
Morale can plummet in difficult times, especially if colleagues have been downsized and you have a bigger workload. Vow to keep positive. Complaining only makes things worse unless it’s done in a constructive way to come up with a better solution. As hard as it is to believe now, the economy will improve at some point in the future and if you are like most people, you’ll look back upon this challenging time as a period of growth.
3. Raise your hand
This is the time to step up to the plate and volunteer for extra projects or suggest ways to do something more efficiently or cost-effectively. You may even have the opportunity to expand your area of responsibility and even get a title change to reflect that. It’s happened to me in downturns.
4. Be visible
This is not the time to hide in the tall grass. Be a visible member of your department or company. Participate in meetings. Stay connected personally and virtually.
5. Be perceived as a cost cutter
Most managers are asked to come up with cost savings in tough times, so don your green eyeshade and come up with ways to increase productivity and cut costs at work. You get extra points for coming up with ways to increase revenue without spending a lot of money.
6. Align your brand with your company’s brand
During tough times, smart leaders focus the company on winning strategies and new innovations. Make sure your brand is in alignment with the company’s focus on innovation and results.
Let me know your thoughts on how to thrive in a challenging environment.



