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The whole world is reeling under recession.
The matter of concern now is not what led
to recession as much as what can be done to sustain oneself at the micro level, despite
the onslaught. The question is how each one of us can minimize the burden on ourselves. That is
the need of the hour. Seminars and symposiums are being held to discuss the cause and
fallout. Outlook Money, in its issue dated
11.03.09, mentioned that the slowdown will continue
till 2010 and the possibilities of it
deteriorating further till 2014 are not ruled. But at the
micro level, each one of us will have to fortify
ourselves from the onslaught of the recession attack.
Recently, in one of the personality development sessions, the effect of negative change on each
of us, our approach to negative change and how the approach should be constructive were
being discussed with young adults. It was surprising
to note that the `recession factor' has not
percolated to the level of offsprings in families. The
young adults who are one of the most affected by recession in terms of jobs, have a
distant approach. Typical Indian attitude of `it will
not affect us' is a very disturbing trend. What needs
to be understood is why the young adults are so indifferent to the onslaught of recession? Is
it ignorance or lack of awareness of the magnitude
of the problem or is it the overprotective approach
of parents? The problem was being handled at the level of parents. In organizations it had not hit
till the employees were given pink slips.
The point here is about saving ourselves from
the further onslaught at a very micro level which
most may find ridiculous. Practical solutions or pragmatic approach to a problem or life in
general is always simple - too simple to be taken
seriously. That is the paradox. The tendency is to go
for larger than life solutions to seemingly large problems. Somewhere the focus and the
simplicity get lost. Warren Buffet's advice for 2009 has
very simple solutions to the problem which is
being discussed. He says, "Beware of small expenses;
A small leak can sink a large ship." With the
firm belief that charity begins at home, the measures
to be taken by each at homes, organizations and institutions were discussed. It was encouraging
to know that, with the application of mind through the exercise of mind mapping, almost all the
youth present in the class, irrespective of the
financial positions of their providers, were aware of steps
to be taken to fortify what one has and save
oneself from drifting further towards financial insecurity. |
