Sital Ruparelia

There is plenty of discussion in the financial press currently about the economic wows and in particular the impact on banks. There is also an ongoing debate about whether we are facing a “recession” or simply a “correction.”

For those people working in the banking sector, that’s like debating whether we are about to be hit by a hurricane or a tropical storm – either way there is going to be some turbulence so instead of trying to figure out the true extent, it’s wise to take some steps to protect yourself and your job so that you are ready for a hurricane, whilst hoping its nothing more than a storm.

One of the ways you can do this and protect your job is to focus on your contribution and the value you create rather than all the problems and ‘noise’ in the environment.

Here are some pointers on this:-

• Focus Time & Activities – Focus your time and energies on those activities and ideas that will drive up revenues, reduce costs, reduce time and increases client satisfaction – they are the key indicators any firm will be concerned about so ensure your time is truly focused on contributing towards those.

• Volunteer – For short projects that allow you to make more of a contribution whilst also making you a little more irreplaceable

• Become a problem solver – become known as someone that gets things done and fixes problems. Banks need more problems solvers in tough times not less.

• Be Outstanding – When people around you are concerned, frustrated, anxious – being focussed and raising your game helps you stand out from the crowd

• Be Visible – This is not the time to disappear off the radar. Be vocal about your contributions and achievements and make sure the right people know about them (without any unecessary “over profiling”)

• Become an Advocate – Speaking, commenting and writing on behalf of your employers demonstrates a level of commitment and builds your visibility internally. This makes you slightly more irreplaceable whilst enhancing your visibility and reputation in the market place

Focussing on your contribution and the value you bring in this way ensures you are better rated, better liked and slightly less likely to lose your job.

This in not just about “protecting” yourself. It is about being true to your own work standards whilst making a difference to the business and team. If you are leading a team then your actions will also see you to be leading by example which puts you in good stead.

If despite these steps, you are still impacted by cut backs then these actions will help you leave with more confidence, more friends and a stronger CV or resume with which to secure your next role