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Crisis Times: How to Handle Them



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By : Suzi Elton    9 or more times read
Submitted 2008-10-11 13:21:24
You’re in the midst of a financial crisis your company is imploding and you don t know where this will lead you. Suddenly, your life is up in the air. The financial situation (according to the news) worsens every single day. You don’t know if you will become unemployed suddenly. You wonder what the heck is going to happen to your situation. Will you suddenly become unable to pay your bills and become another financial statistic?

What are the strategies that make the most sense?

1.) Do what it takes to create several different potential options for yourself. One option might be to stick with the job you have and do what it takes to secure your position. This would make sense if you love your job and the company you work for. Another option would be to take a serious look at what your next career move might be, given your skills, experience and desires.

Just brainstorm all the potential options and put each option as a heading on a separate page.

2.) Using these pages, go into complete detail on all the tactics and action steps that would be required to exercise any of these options. Brainstorm and jot down every idea you can think of under each option (heading). For this exercise, be OK with fantastic possibilities, as well as logical ones. This is an exercise in generating the most ideas. Just because you write it does not mean you have to do it. You’re still at the brainstorming level.

3.) Whatever you do, don’t buy into the generalized panic all about you. As much as you can, stay out of that energy. Gossip and rumors run rampant during such times, but they do not lead to solid and logical strategies and decisions.

4.) Do everything you can to keep yourself calm. If you practice meditation, increase your meditations. Choose to listen to positive and motivational materials. Be cautious in allowing any input that increases your fear and panic. Choose to be around positive people.

5.) Take a break from your various options and come back to them with fresh eyes. Add anything that needs to be added. See if you can number the options starting with a #1 for the option most likely to be pursued and to bring results. Put the options (pages) in sequence. At the bottom of the pile, you will end up with the options least likely to be pursued (and least likely to bring desired results).

6.) Look over all the top options and see if there are any action steps that make sense, no matter what direction you finally end up taking. This could be something like revising your resume, spiffing up your wardrobe, doing some networking. These are to be thought of as fail safe actions that would serve you no matter what happens.

7.) Start to take action immediately. Do not wait. Do not procrastinate. It can be critical to your success and to your positioning that you stay on top of timing. You don t want to be unprepared because you went into panic instead of into action.

Times of crisis are a natural part of life. The most important aspect of crisis is not to be swept off balance and inundated by our own emotions or the panic of others. Staying calm, strategic, and purposeful will position you for the least damage and best potential future.
Author Resource:- Suzi Elton is a success coach working with highly creative types to create income that matches their talent. She has coached hundreds of clients to approach their goals strategically through tiny steps to bring about quantum leaps. Get free Life Purpose exercises, at http://mylifepurposecoaching.com
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