Abnormal is Normal!
Covid-19 may seem like a disaster, but in fact, is an ideal opportunity for individuals to reset. Let’s rewind to before Covid-19. People were getting cool salaries, but still negotiating plumper ones. Many had an exaggerated sense of self-worth and there was no limit on what they’d negotiate while ironically demanding less work. They jumped organizations for bigger salaries while not adding much value. Post Covid-19 the situation has drastically changed – job loss, drastic pay cuts or leave without pay. Our country men that were abroad will return– they too will enter the job market. What next?
Imagine we are on a ship in the middle of the ocean. We are definitely going to experience calm seas, beautiful skies, clear waters and absolutely breathtaking sights. But we would be foolish to imagine that we will never face a storm, a breakdown or a major disaster. Can we prepare the evacuation plan while our ship’s sinking? No! We create the plan on how to tackle the storm in advance. The storm planning and evacuation rehearsals are done while the sea is calm.
So, while we may not have been able to predict Covid-19, we should have been better prepared. Similarly, for all the so-called ‘unplanned’ shocks that life throws at us, we can have a disaster management plan in place. The Titanic faced a disaster due to lack of foresight. They believed it was unsinkable, took the risk of pushing it faster, and there were not enough life rafts.
Similarly, we too were cruising along thinking we are unsinkable. Now, we know better and while we will survive this shock let’s make sure the next storm coming doesn’t touch us. Below are four zones to work on to prepare you for the voyage ahead.
Physical Zone: Whatever our age 30, 40, 50… We should value our health, because, as you age, health will deteriorate. Many folks smoke and claim, “One day we will anyway die!” agreed but why increase the chances of dying of cancer? Some work hard and then overdo alcohol claiming they owe it to themselves. We are literally saying we owe ill health or a damaged liver to ourselves. Health storms will eventually come our way, but by controlling or eliminating smoking, regulating alcohol, regular exercise and proper diet, we postpone it.
Mental Zone: The knowledge we have is normally enough for us to perform at the designation we hold. What about the next designation? While in college, we studied 1 – 3 years to prepare us for our first job. Yet, once on the job we think that experience is enough to prepare us for the next role; logically that’s impossible. Can a passenger gain enough experience to drive a car or fly a plane? Experience can never replace studies.
Technology is changing. Apps predict consumption and demand and assist in planning, ordering etc. Software analyzes consumption patterns and predicts expected average hourly consumption. Do we know about them? Studying books on human psychology would help us manage and motivate our team, predict buyer behavior and negotiate with vendors. Why not study?
Emotional Zone: At times we don’t get along with certain people. Rather than spoil our mood we may choose to ignore them. But on the other side, we know challenges lead to growth. Now, life has challenged us in the form of a person. Why back out? Instead, analyze what’s causing the issue and take up the challenge to change our behavior and improve the situation.
Staying motivated when things are not going the way we wished or planned; bouncing back fast and strong when we fail in a project- All this is part of our emotional strength and preparation for nasty storms that will come. We are out on the ocean, remember.
Fiscal Zone: Money matters; no matter how tight your budgets are, you still have to set aside money for retirement and invest in your own education even while you may be repaying a home or education loan. Put money away in PPF (Public Provident Fund), FDs, RDs or some fund. We have to put away a bit for the uncertain future. Yes we think we can hardly manage to make ends meet so how to save/invest? But right now our salaries have been cut by 30 – 50% yet we manage, right? So, why couldn’t we manage before we were forced? Avoid that fancy phone and pick up a smaller home.
In all four zones, we should get out of our comfort zone and explore areas we fear. Besides our core operational aspects we should study Marketing & Sales, understand financial aspects like the balance sheet, investment, CapEx and OpEx. Study aspects of Human Resource, Administration Management and Training. We cannot claim that Marketing or Finance is not our job.
We have to understand all these aspects to get an all-round growth and development. With this, we are better equipped to handle growth and challenges that will come. Because growth and challenges will both come, you just have to be ready for it, so when presented, you can grab it and take control. God Bless!
DISCLAIMER: The views expressed are solely of the author and ETHospitalityWorld.com does not necessarily subscribe to it. ETHospitalityWorld.com shall not be responsible for any damage caused to any person/organisation directly or indirectly.