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The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.

June - 2009 - issue > Management

Recession An Opportunity

Rakesh Kaul
Thursday, June 11, 2009
Rakesh Kaul
It has been a roller coaster ride, which we don’t know when it all will end. With each passing day, the ride seems to be getting more complex and clueless. However, the good part is, if there really is any, that we are not alone in this. The impact has been really hard and most of the industries under the sun are equally impacted by it. While we have read and heard about the various challenges that a recessionary economy presents, I want to emphasize on the various opportunities that this recession has presented to us.

In my opinion, recession presents a four-way opportunity to IT and ITeS sectors. These are: * Leadership
* Capability enhancement
* Improve efficiency through internal tools and processes
* Service offering rationalization Let me attempt to explain what I mean by this….

Leadership
Good times need good leaders so that good times may prolong. Not so good times need better leaders so that good times can return soon. Bad times need exceptional leaders, to not only work towards getting the good times back but also, more importantly, to ensure that organizations survive through the bad times without breaking the bank. In general, since the inception of the IT industry, especially in India, barring the dotcom bust, we have seen plenty of good times.


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Reader's comments(3)
1:My Own Article About An Opportunity;
http://www.digitalbhoomi.in/forums/showth read.php?t=12021
Posted by: Michael Dadona - 16th Jun 2009
2:Hello, Liked the article. You have explored the main strategies that one organization can idealize to make it recession proof, It could have been excellent if you mention some plans to implement the theories.
Posted by: Supratim Basu - 16th Jun 2009
3:Hi, Its great to get the innovative ideas as we all require at this hour. Would also need to understand how do we get better result with the same team size and the resources we have. "Less People (Cost) better result"

Shankar Thapa
Director
JobsDeal India
Posted by: Shankar Thapa - 15th Jun 2009
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