Adjusting- to -Change- in -an- Economic- Crisis -by-Mark -W- Medley

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Published by the Asian European University Press

A d ju s t in g t o Ch a n g e in

a n Eco n o m ic Cr is is

Towards 2020

Mark W . Medley MBA




Copyright

1P

stP publication December 2010

Mark W. Medley © The Asian European University Press

All rights reserved. No part of this publication may be reproduced,

stored in a retrieval system, or transmitted in any form, or by any means, graphic, electronic, or mechanical- including photocopying,recording, taping or otherwise, without the prior written permission of the author and the Asian University Press.

ISBN: 1456379968BISAC: BUS069020

Email the Author- [email protected]

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Adjusting to Change in an Economic Crisis

Table of Contents

Change in our Hom es and Com m unities

Returning to Family Values1

Is Knowledge Trading a New way to Save, and Survive?

3Could “Informal” Markets help build our local Economies?4

The Economic Benefits of Home Gardening6

Community Bicycle Schemes7

Creating a Multi-Family Home

9Is Bartering a Solution for Cash Strapped Communities?10

How to Create your own Sustainable Home11

The Benefits of Community Trading Networks13

How to Develop a Community “Skill Sharing” Group

14Build a Better Future with 8 “I Can do’s”15

Change at W ork

Six Ways to Combat Communication Failure in a Multi-Cultural Workplace

17

I





Five Natural Energy Boosters That Improve Your Performance at Work

19The Best Countries in Europe to Find a Job

21Seven ways to make Employees feel Secure at Work

22Three Essential Attitudes Every Employee Need

24How your Personal life affects your Working Environment

26Eight Ways to Create Sustainable Employment

28Seven Green jobs that are currently in Demand

31Determining What Motivates You?

33Four Incentive Schemes to Keep Your Workforce Motivated

34How to Adjust Quickly After Moving to a New Country

35Is Education and Success Linked?

38How to Start Over Again

40Five Easy Ways to Create a Positive Working Environment

42Six Types of Bad Managers

44

II





Seven Endangered Jobs Threatened by Outsourcing46

Three Trends in the global workforce from 2010- 201548

Change in Business

Can Smaller Businesses help Rebuild our Economy?50

Seven Ways to cut Business costs without Compromising Service51

How to Create your own Wind Power business

54The Growth of the Security Industry

55How to Evaluate the Reality of Opening a New Business

57Seven Trends that Create New Opportunities

60 What is a Distro?

62How to discover you qualify for a European Union Grant

64Could a Workshop Economy help you Survive the Economic Crisis?

65Can A Franchised Second-Hand Store Beat the Recession?

66Five Fast Developing Industries That Can Expand Our Economies

67

III





Seven Corporate Giants That May Disappear in 201169

What is the Secret of India's Current Economic Success?71

Three Expanding Small Businesses in Greece, Portugal and Spain73

Indonesia’s Lucrative Mobile Phone Market75

How Superstitious Beliefs Affect Your Business77

Into Our Future

Eight World Changing Green Trends79

The Future of Work 82

The Future of Our Multi-Cultural Societies85

Is the Tata Nano the Birth of the Car of the Future?

87The Future of Education

89The Future of the Euro in 2011/2012

92 A Slow Decline of the Printed Media

94Five Effects of Global Warming

96

IV





Was 2010 the End of Manned Space Explorations by the UnitedStates?

98 What is the Secret of India's Current Economic Success?

100Three Currently Emerging Global Influences

102The Future of the Internet

103 A New Type of “Big Society”

105Five Trends That Are Shaping Our Future

107 What our World Could be like in 2020

109Discovering the Venus Project

112

How to order an ebook version of “ Adjusting to Change in anEconomic Crisis”

V




The Chinese use two brush strokes to write the word 'crisis'. One brush stroke stands for danger; the other for opportunity. In a

crisis, be aware of the danger-but recognize the opportunity.

John F Kennedy






The Benefits of Com m unity Trading Network s

Our current economic crisis has created some new and very novel ideas to helpus beat the current crisis. One expanding idea, is a Community tradingnetwork. How can we benefit from a Community Trading Network?

In the past any unwanted things that were collecting dust in our homes, wereeither sold on ebay, through local newspaper or supermarket advertisements, orsimply handed over to a charity store.

The current economic climate has changed this, as communities are actively creating trading networks for these unwanted or excess possessions, wereluctantly keep but really have no use for.

On-line Community trading is becoming a fashion in many areas of our Cities, were you can either trade or even collect for free possessions from otherneighbors. And the benefits are enormous, saving you the cost of buyingsomething new, when someone locally has it stacked away in a garage or attic.

Children’s clothes and toys are obvious possessions to trade, but community trading has become far more sophisticated with even older laptops, couches,televisions, and garden furniture, being traded between neighbors.

This trading has a 21st Century touch to it, with a network of new websites becoming trading posts, offering anything from DVD exchanges to knowledgetrading, and the simpler trade of household goods, appliances and furniture.

We are finding short-term solutions to the shortage of credit, and the need to

create comfortable lifestyles, at a time when many of us worry about the future.On-line and traditional community trading is one solution that could furtherexpand and create a new habit, rather than a passing trend.




How to Develop a Comm unity “Skill Sharing Grou p”

Community based skill sharing groups could replace traditional education in anage of austerity, yet offer value education and pass on skills to a new generation without the cost of taking a course or moving away to train.

1. What is a “Skill Sharing” Gr oup?

A group of people who are willing to share the knowledge and skills they learnt

from a job or career with others. It could be a retired electrician, who passes onhis skills to a group of unemployed adults to a housewife who has businessexperience.

2. Is Skill Shar ing New?

It is actually an old practice brought back into a modern context. Traditionally before the mid 20th century, skills were passed onto each new generation by theirolder relatives. For example a farmer would train his son, or a shopkeeper theirchildren in ways to continue the business.

3. What is Modern “Skill Sharing”?

The idea of the traditional approach to transferring skills is linked to socialgroups rather than individuals. One example could be a local group of peopledecide to form a "Skills group."

This group holds informal skill building workshops, which could include anythingfrom bookkeeping to management skills. Each member in turn teaches their own

skill practically, so all the members in the group benefit.

In an age when a majority of governments are forced to cut back on statesponsored training problems, and we may be faced with having to fund certainaspects of our education ourselves. The community can take over the role of developing the skills of its residents.




Develop a Better Futur e w ith Eight I Can Do's

Three current goals matter to the majority of people, a successful business orcareer, and better opportunities in the future. To enable us to achieve thesegoals w e may need to re-focus on our skills- what are the eight I can do's whichcould help us thrive in the future?

1. I can m ove

We live in a global economy. A World were we compete with others acrosscontinents and countries. To survive and thrive in a global age, we need mobility.Mobility means we can move were the opportunities are,-whether they are onlineor in area other than we currently call home. This could mean we have to re-focuson the traditional ideal that a job is where you lay your roots, rather than where you are willing to relocate too.

2. I can speak an other langu age

Most people from developing Countries learn languages. This is primarily

because if you speak more than one language you have more careeropportunities. In a global economy, successful people speak and interact in a variety of languages. Mastering a second or third language could enhance youropportunities in the future.

3. I can self-lear n

Traditional education is becoming more and more expensive, with governmentscutting back or even increasing the cost of education. Self-learning could bridge

this knowledge gap between the ones that can afford an education, and those thatcannot. On-line education and resources could enhance your knowledge andskills- enabling you to compete in a global economy.

4. I can m otivate myself

Motivate yourself to follow and hone in on your interests and skills. Often we can be on our own when we search for new employment or business opportunities.Surf the net for solutions, motivate yourself to focus on the skills you are strongin, see if you can turn an interest into a way to create an income.




5. I can have goo d social networ king skills

Building a social network could enable you to gather new ideas and create new opportunities. It does not only mean just selling a product to a friend, butsharing ideas, learning from others in the network and cooperating together tomake your lives better.

6. I can save and invest for m y futur e

An investment today could be simply building and marketing a website, to buyinga set of wood working tools. The key is to put money aside and see what you cando with these savings. A few hundred dollars could help set you up in a part-timehome based business, whilst a sizeable nest egg could be invested in an income- based second home.

7. I can see w hat I really need

Can you afford to keep up your living standard? If the answer is unclear, look

around at your expenses and what you own, and see if you can make positivecutbacks.

A second car could be replaced by a utility vehicle which could help you start apart time delivery business. If you can't sell it, trade it inside a community trading network- were you get something valuable back, for what was once afinancial liability.

8. We can give our kids a good education

Your children need education, but many governments cannot afford to provide asuitable education. The answer could be a home schooling program, were likeminded neighbors and friends could get together by teaching what you feel ismissing in school. This could bridge the growing learning gap in schools, andenhance the quality time you have with your kids.

Many experts forecast the world we face in the future probably be highly competitive, whilst we have diminished social welfare systems. We may need to work harder and longer. Good times will come to the more flexible and multi-

skilled, but it may be more difficult than in the past. Success could still beachieved by flexibility, perseverance and self-motivation.




Six Types of Bad M anagers

We all at one time or another experienced working under a "Bad Manager,"many of us have moved onto new jobs because of this, others have had theircareers blocked but stayed on.

W hat are the six types of Bad Com pany Leaders?

When economies are booming, working under a bad Boss can be a temporary measure, as we can always move onto something better. But in times of limited job opportunities, and rising unemployment, we may choose to remain under a bad Leader.

Signs of a bad Leader are easy to spot. The Company have a high staff turnover,the aura around the workplace is threatening, and dictatorial. No one can speak openly and frankly to their boss, whilst meetings are often a one way street of criticism. But what are the six types of Bad Leaders, many people work under.

1. The Prosecu tor

Prosecutors tend to only focus on the negative, and look continually for faults.They tend to intimidate you rather than, encourage and mentor you. Prosecutorstend to be aggressive perfectionists, who may not recognize imperfection withinthemselves.

2. The Rule Chan ger

Every Organization has a certain set of rules, but when these rules start changingit often leads to confused employers, and an angry boss. Company Leadersshould communicate any changes in rules, in writing, some bosses simply do not bother.

3. The Underm iner

Asking for assistance is common within any organization, and often a good leaderhas a team that has the ability to work together well. An underminer may ask forassistance but then could make it impossible for you to help. This leads tofrustration, and leads to a bad impression.




4. The Chron ic Critic

Criticism can be positive, but there are effective ways to communicate it.Continued criticism, even about the smallest and most unimportant matters- wear down employees and de-motivate them. Chronic critics tend to behypocrites, and employees look out for their mistakes, rather then be inspired by them.

5. The Checked out Boss

When someone is continually checking on what we do, it often makes us feel likechildren again. Employees today are often multi-skilled, and knowledgeable butcontinued checks go against the self-management skill's needed in many of today's working environments.

6. The Insensitive Manag er

We are all human, and all have our own cultural traits. Multi-cultural workplaces

are harder to work in, under an insensitive manager. Some cultures see shoutingand threatening as being 'uneducated and rude." Managers, who shout andthreaten, tend to lose respect in any culture.

Poor leadership in the workplace can create a loss in profits, missed businessopportunities, a high staff turnover, and a fearful staff that are unable to maketheir own decisions.

The Economic crisis exposed bad leaders, and saw their empires crumble under

debt and bailouts. Recognizing the faults in our leaders, and in ourselves, couldhelp us determine the way we work, and how we should pursue our futurecareers.




Seven Jobs Endangered by Outsourcing

Building a career is not easy. Neither is training for a job that once was indemand but nowadays could easily be outsourced. Putting the arguments forand against outsourcing aside, anyone in these eight professions may be indanger of losing their job as companies, and even our Governments look for ways to cut costs.

What are the Seven most Endangered Jobs threatened by Outsourcing?

1. Data Entry

Developing Technologies guarantee, that at some point data entry jobs can beeasily outsourced to emerging countries. Even before our recession started-hundreds of thousands of data entry jobs were "lost" in Europe, and the UnitedStates.

2. Book Keeping and Accoun ting

Once considered a steady job, now very much endangered as new technologiescan effectively outsource these jobs to third countries.

3. Call Center and Supp ort Staff

A victim of technology, localized call centers can move overseas and effectively vanish forever. Unless Government regulations change, outsourcing to lower-

wage countries, is inevitable.

4. Paralegal

Paralegals were once considered a recession-proof profession but as languageskills, and education improves in emerging countries-so does the inevitableoutsourcing of the services traditionally done by the support staff of a lawyer.




5. Computer Operating and Program ming

Once considered a profession with a future, with computers linked globally,localized computer operators and programmers could become as dead as a dodo. Already India is becoming the new computer operating center, for many of our well known computer companies.

6. Payroll and Tax Preparation

Localized payroll and tax preparation is often outsourced, and this trend is set tocontinue as companies need to stay competitive in local markets. Although stillnot high on the endangered list, the next few years could see big changes in whatis considered an endangered profession.

7. Manu facturing

As long as goods can be produced at a lower cost internationally rather than

locally, manufacturing jobs will be lost. Already employment in manufacturing isonly 9% of the total workforce; this trend is set to continue, unless ourgovernments review current attitudes towards trade.

Outsourcing unskilled jobs started in the mid to late 1980’s, then in the 1990’s itexpanded into the semi-skilled labor market, and with cheap new technology threatens skilled professionals in several countries. The next decade could seeoutsourcing move upwards, into higher management levels.




W hat Our W orld Could Be Like in 2020

Here is a glimpse into our probable future - based on on-going trends in the lasttwenty years, and call it the "20-20 vision" into our most probable future.

1. Languages

English should still the most popular language, but Chinese should be second. As with English today, many people may study Chinese as a second language, whilstmany local languages will still continue to disappear. The use of regionallanguages should continue to grow as some countries could break up intoregional entities.

2. Water Becom es the New Oil

Water will become a much needed resource, as rivers continue to dry up, and new technologies are developed to create sustainable water resources. Regionalconflicts may occur over the scarcity of water supplies, whilst some desert areas will have to be depopulated. We will learn to ration, and have to pay more for the water we use.

3. Climate Cha nge

The economic troubles created in late 2008, will overshadow global efforts tocombat the effects of our warming planet. Some resource poor but technology rich countries will be forced to use alternative energies, and be lessconsummative. As many nations in the developing World have opted for western-styledevelopment over the environmental effects of this growth- They shouldeventually face the need to clean up their own environment.

4. Increas ing We alth and Poverty Gaps

The first, second and third World could exist in some degree in all countries.Europe and North America may mirror the rest of the World, with similar wealthgaps comparable today to India, and South America. The world will look moreequal, but be more unequal- depending on which part of this World you live in.






9. Travel

Regional travel should increase, whilst global travel be reserved for first World orhigher up second world citizens. Traveling long distances could become moreexpensive and time consuming. Sea and land transport may become popular- whilst flying long distances becomes more a pastime of the global elite. Our World in 2020, could be one of wonder or one of conflict, depending on

which place we live in, but also one of still fragmented beliefs, and scientificadvancement. We may continue hoping that science solves the problems ourplanet faces, and start looking beyond our planet as a future home.

Documents

Adjusting- to -Change- in -an- Economic- Crisis -by-Mark -W- Medley