2016 is shaping up to be a year where global events will have more of an immediate impact on our daily lives then at any other time in our history. These events will shape how companies hire, where companies hire from and what types of positions companies will hire for. The global events that are unfolding right before our eyes, will have all of us taking a step back and re-thinking our priorities. So what are some of the bigger global events that we need to be aware of and how do we prepare for any change with the current state of things in our society.
ISIS– The threat of the Islamic State of Iraq and the Levant continuing to expand and create havoc in Syria, Iraq, Europe and the African continent. Soon ISIS will expand its footprint in the North American continent. The expansion into North American could have a dramatic impact on the liberties that citizens now enjoy and thus impact our economy in ways we have never experienced before.
Russia– The threat of Russia and the United States getting into some kind of conflict is more of a reality than at any time after the Cuban Missile crisis. These two superpowers are a couple of accidents away from the potential of a limited nuclear war. If this was to happen, the world financial structure and world order could be in jeopardy.
Iran– The threat of a nuclear Iran is something that will be on the minds of many companies with operations in the Middle East and Israel. These companies may move resources and entire operations out of the area because of this potential threat of war between Israel and Iran. If war was to break out, the negative effect to the global economy could be huge.
China- Chinese corporate espionage on US based companies has resulted in the loss of millions of US jobs and hundreds of billions of dollars to over 1000 US companies. As the economic situation in China worsens, the expansion of the espionage by China on US companies will most likely continue, thus resulting in more job loss and many more billions of dollars of corporate losses.
US National Debt– With a national debt approaching $19,000,000,000,000, the United States for all intensive purpose is bankrupt. Our saving grace has been our ability to print money and having the US Dollar as the reserve currencies of the world. If the world powers decide that they want to go back to the old gold standard for currency reserve, the shock wave to the US and Global economies will be impactful and have a negative impact on all sectors of the economy.
So, what is the best way to minimize the impact that these events may have on your career.
The first thing you need to do is be aware of these global events and see what direct impact they may have on the industry you are working in and make adjustments where you can. Adjustments may include a job change or industry change.
The second thing to do is make sure your are staying current on the newest technologies. Technology is the great uniter and may be the secret weapon in helping combat the fall-out of these global events on our daily lives and career.
Finally the third thing to do is be proactive and plan for the worst and hope for the best. Having a plan will minimize the negative impact these events may have on your career.
Become a student of world events, educate yourself on the newest technologies and have a plan. Do these three things and you may be able to minimize the fall out of these events on your career.
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Paul is President and CEO of One World Consulting Group, LLC. Paul is a career coach, recruiter, business developer and sales strategist who serves individuals and companies from around the world.