5 Things to keep in the lifeboat in the economic rough waters

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August 21, 2009
Better times may be coming, according to a recent review of the CareerbuilderStaffing Supply and Demand Outlook report in the ASA Staffing Week Update this week. 

Their summary states that of hiring managers surveyed in the report, 13% expect to use staffing services to fill job openings in the third quarter—up 0.4 percentage points from the second quarter. Although seemingly small, this increase in expected utilization is a positive departure from the previous two quarters of lower expected use of staffing services. From the candidate supply perspective, nearly 25% of job candidates surveyed indicated that they plan to use staffing or recruiting firms to conduct their job search in the third quarter, up 2.4 percentage points from the second quarter. The positive results of this survey add to the mounting economic evidence that business conditions for the industry are stabilizing.

Now, while this does not mean we are on our way to no worries, it is good news, for a change.  In the meantime, while we remain in a precarious economy, as a leader, here are 5 important things to keep in the lifeboat while the waters remain choppy.

1)  Your sense of humor
2)  Your productivity expectations
3)  Your Integrity
4)  Your Patience
5)  Your best people

Your Sense of Humor is always important, but even more so when things get rough.  This is one of the first things that seems to get lost during difficult times, economic or otherwise.  In business, there is a time to be serious and a time to just have fun.  In both of those times you need to be able to lead without making those around you become muddled in the doom and gloom – that is where you need to be able to stay positive and despite the rain outside, bring a little sunshine to your team.  There is an article I read on Ehow that talks about staying upbeat in a down economy with some good places to focus your energy when things get tough.

Once we have this one down, let’s talk about #2, not compromising your productivity expectations, in my next post.