Speed Limits Implemented by World Crisis in 2009

So the CEOs and the big names in the business world have spoken just recently in the Philippines. 2009 will highlight a lot of slow down in the economy and not recession according to them. Isn’t that practically the same? On the lighter side NO if you want to feel better about it. But actually, it is going to affect the people without jobs more rather than the ones who have work right now.
Apparently business will be tightening their belts. That is a given. So if you are in a job and get cut, it only means you are performing below par. But as far as new recruits are concerned, expect a turnstile campaign as far as getting new manpower resources. So this may sound like bad news for the new graduates of 2009 as far as the business world is concerned.
As far as business operation is concerned, expect a lot of the budgets investing on marketing schemes like advertising and promotions. They need clients to survive. Availing of products and services faces its extreme test and to get your product known in the world, you just have to invest more towards building brand and corporate identity.
Career-wise, don’t expect fat bonuses and easy picking as far as you current job is concerned. You are bound to find yourself working harder than ever and lesser rewarded at least until this crisis is in the air. Companies will try their best not to close shop but if the tide worsens, there is no doubt that recession is the next stage of this Cancer called global crisis.
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