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The future of executives April 3, 2009

Posted by Null in HRM.
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Due to the economic recession several millions of jobs are at stake.  It  seems pretty clear that this time the recession will take over many economies and if the world cannot defend it properly, we will be back to the past for the next 20 years (my assumption). But how do we defend? Spend less? Don’t buy iPods? Eat at Burger King instead of going to a A-La-Carte? Well the so called supersonic economists and financial advisors will advise how to implement the cost-cutting theme at home. Duh! This can be done by laying off a family member, right? At present, we realized that the future of many low income workers are merely at jeopardy.

But what about executives? Will they always lead a class life? Will they always fly a chartered aircraft? I don’t think so. Things will change as said by the world’s greatest Astrologist (Mr. Barack Obama). If the world economy is at despair, they too will suffer in near future.  Mr. Obama is predicting that US will never be the same again because there are new entrants in the world super power.  I’m not being prejudiced with executives because change is a fact of life.

Watch this interesting video, and see how it looks when executives are waiting to work as a day laborer.

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