3 Tips for Surviving Company Rightsizing

Author’s Note: This post is based on an article which appeared in the May/June 2009 edition of the LearnKey newsletter.

In order to survive the always-changing face of business, all companies must go through a series of corporate “rightsizing” at various points in their lifecycle. Often, employees are laid off or transferred to support the new structure and goals of the company.

When a company goes through rightsizing, it’s often difficult to know if your job is safe or if you will get handed the dreaded pink slip. These three tips can help prepare you to survive the changes your company is going through:

1. Become More Efficient. Companies are always looking for ways to cut costs and one area that often gets cut is employees. This often means more things need to be done in the same amount of time with fewer people than before. Learning to work more efficiently can help to set you apart from your coworkers. When you can do the work of two people in the same amount of time, your value will be much higher than those who can’t.
2. Knowledge is Power. A key feature of the changing face of business is expecting employees to not only be good at the job they were hired for, but to be flexible enough to take on other responsibilities as needed. In the time I’ve been with LearnKey I have held several different positions, and occasionally been asked to assist others with tasks in which I had little to no previous experience. Gaining more knowledge, whether through books, online learning, or seminars, can help you to adapt to whatever situation you find yourself in.
3. Continue Your Education. Take it upon yourself to learn the new things you need to learn – even if your company can’t compensate you. Buy products to help get you where you want to be and invest in your future. Set goals and hold yourself accountable for the outcomes.

As a learning company, LearnKey has a wide variety of training courses to help you learn the things you need to know to survive your company’s rightsizing. If you want to communicate your ideas and demonstrate your importance to the company, you will also benefit from our personal productivity courses. See our Course List for details.