Hello friends, welcome to Workplace Strategy.
Of all the numerous challenges at our workplaces, being retrenched and facing unemployment must be the worst and most difficult as it affects our livelihood and hence our families.
Today, our employability depends not only on our work performance but also on unexpected external factors beyond our control: business transformation, economic slowdown, trade wars and even a pandemic such as Covid-19. Many, even those in top management, in small and medium enterprises (SMEs) and even multi-national corporations (MNCs) risk losing their jobs. Older workers are hit particularly hard.
We can, however, be better prepared when unemployment does strike. May we suggest two types of preparation and three lists to make......