Yes, it's a downer, but welcome to the knowledge-based economy. As we move away from creating _objects_ to creating _information_ the cost model for a company shifts significantly to labor. But while there will continue to be labor churn as companies look for the lowest cost options, keep in mind that companies will always pay for critical skills - they are what will differentiate companies in this new economy. And there is a global shortage of skilled workers. So the question isn't whether or not your job is at risk, the question is how do your skills match with your company's needs? How do you make sure your skills are valued as differentiators, or are aligned with the critical objectves of the company? Sounds like a job for Profile Mgmt (/productadvertisement).
Jake
· 1 year ago
@Gretchen: You're right that people with certain skills may not seem as core to a company when times are lean, e.g. product management could do marketing if necessary to save money. The resulting work may/may not be as good.
Eventually though, people with core skills will be cut too, leaving the remaining workers to do more work, e.g. one product manager to manage all products and all marketing. Again, the resulting work may/may not be as good.
The most critical objective of a company is staying in business. Cut deep enough, and the only skill that matters is the ability to do as many jobs as possible for the same (or lower) salary.
All Comments
Eventually though, people with core skills will be cut too, leaving the remaining workers to do more work, e.g. one product manager to manage all products and all marketing. Again, the resulting work may/may not be as good.
The most critical objective of a company is staying in business. Cut deep enough, and the only skill that matters is the ability to do as many jobs as possible for the same (or lower) salary.