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Top Three Tips to Survive in this Recession – Economic Downtime [Part 1]

Posted on February 5, 2023

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Recession – Retrospection – Re-skill

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This is a guest article from Gunasekaran Veerapillai.

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“Time to be different, not just efficient” – these are the words of C K Prahalad, the management guru on facing the current challenges.

I was really impressed by these words and in my experience in this IT world, the current recession is worse than the 9/11 aftermath and this is going to last for some more years before this industry stabilizes.

When I went to my family doctor last week, (he has been taking care of me for the past 15 years), he casually but emphatically mentioned that IT has created a different world to this younger generation, which is impacting normal life in countries like India.

Top Three Tips to Survive in this Recession - Economic Downtime

There are people who are happy with this recession – pink slips, reduction in IT recruitment, bleak prospects, etc., make them happy with the fact that the IT industry is coming to ‘Normalization’.

This paper is not for those who are fuming at IT but for those unfortunates who are already into this fascinating world and wondering how to get stabilized here.

Gartner analysis until 2011 is not encouraging for all of us. But the world of outsourcing and offshoring is not going to be affected very much during the upcoming years. It gives us an opportunity to adjust ourselves to the new environment to survive.

Top Three Tips to Survive in This Recession

#1) Upgrade Your Skills – Make a Strong Profile

When I was young, my teachers used to emphasize specialized skills. Yes, even in our testing world, hitherto specialization was getting a lot of attention and my organization was able to charge differential rates to the clients for a performance architect or automation developer.

Of late, my requirements were coming differently. Clients require a Test Automation Architect, who is good in QTP, LoadRunner, Perl, Unix, SQL, Java, etc., but as things emerge, you should be a Jack of all arts in all Testing Arena.

Unless you are multi-skilled, it is going to be difficult to survive in the emerging context. When you are out of a project, take that as a boon period to upgrade your skills.

Getting into testing released certifications like ISTQB, CSTE, CSQA or tools related certifications like AIS, ASE or domain-related certifications in Insurance, Banking or telecom will help you to improve your profile.

#2) Learn to Manage Stress

One more critical skill, which we need to learn, is Stress Management. As we move on, we will get more work-related pressure. I know several colleagues of mine never see sunlight during the project execution days and this will “improve” further due to cost-cutting and operating margin pressure on the IT companies.

All of us know that a young girl committed suicide recently due to the pressure from her managers. We need to learn to live with these pressures in life. Yoga or meditation will help you to stabilize your mind.

#3) Always Be Ready to Face Challenges

Every other day, you can see the news of IT firms downsizing employees. This is a hard reality in countries like India where job security is associated with work-life. This isn’t the question of you being a performer or non-performer, but it is the question of available business and required resources.

One should not get de-motivated or depressed by these events in life. In western countries, job-hopping is a regular feature in life cycle but in India, we are yet to get accosted to this. If you happen to face this, take it bravely and face the challenges.

Cross skills will help you during this time. One of my earlier delivery managers in the insurance vertical is now the CEO of a hospitality company. Life gives you enough opportunity if you are ready to take challenges and use every opportunity to upgrade your skills.

As the days pass by, not only our skills grow with us, but also the certifications and membership will give an enhanced look to your profile. Also, our confidence to face the challenges would improve gradually.

Long back, I had a supervisor, who would become uneasy if he did not have any problem to solve. We used to yell at him at that time and now I realize that he is my mentor in facing multi-dimensional issues and problems in life.

This is the right time for all of us to introspect ourselves on our current skills and move forward. Nothing is impossible if you have the determination to WIN.

What is your experience? How do you think Testers can survive in this Recession Period?

Note: We have named this tutorial as “Part-1” as we are in the process of compiling a to-do list to Survive the Recession.  You will soon get Part-2 with in-depth analysis and steps on how Software Testers can minimize the Recession effect.

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