Management Skills to Acquire During a Recession

Fear has prevailed over the hope, and the economicguarantee peace and fulfillment in life. So what is the
recession is now a new global reality. While there areway out? Sharpening the personal skills, and prevailing
many ways to cope with it - and beat it, one timeover the time is a sure shot recipe for success.
tested method is to empower with knowledge. In goodProject management professional (PMP) certification is
times, even a little knowledge is not dangerous, but ina globally recognized skill being looked after by
bad times adequate knowledge may also not berecruiters these days. It may be difficult to judge
sufficient. For professionals in technology andexperience and managerial acumen by interview or
management, the recession is time for retrospectionresume, but certification benchmarks certainly helps.
and sharpening their skill sets. While we are doing itMany companies are now looking for well recognized
ourselves, we also recommend it to those who care.certifications world wide as a pre requisite for
IT and finance consultants and managers, who wererecruitment. PMP exam is a four hours exam which
hitherto in a very secure situation, have beenreveals the candidates true prowess as a successful
subjected to the maximum uncertainty in the globalproject manager.
recessions. IT cost cutting is generally the first prioritySix sigma, is a process based quality-control
of companies to make ends meet. No doubt thetechnology which is adapted by the top companies to
average hourly consulting rates for IT projectdesign, and significantly improve their quality processes.
managers have come down drastically. Besides stiffIt is equally applicable in manufacturing and service
competition from BRIC (Brazil, Russia, India, China), andsector. There are few accredited institutions around
Southeast Asian countries have spoiled the party, andthe world which conducts exams for different levels
made the competition very stiff. The time now is toof six sigma certifications.
look for hidden opportunities rather than crib or analyzeOther specialized skills for IT professional include
the cause.software testing, software estimation based on
While it makes sense to survive by all means, even if itfunction point analysis, Microsoft Projects, and
means looking for inferior (in a relative sense) workmanaging IT infrastructure. All these have accepted
and working in different time zones, but this does notglobal benchmarks and standard certifications.