Personal Value Management
Learn, Lead & Succeed

What is this global economy everyone keeps speaking of?

If you have not yet felt the pressure of an expanded marketplace, it’s only a matter of time before you will. There is an important race taking place, and we are all right in the middle of it. No one has the luxury of “opting out” of this important contest.

In order to come out ahead in the new global economy, it’s important that you begin to think of yourself as the President & CEO of YOUR HOUSEHOLD, Inc. The days of feeling secure working for one company for 30 years and retiring with the beautiful gold watch are gone.

The key to success in this new age of global competition is to “Add Value”. If you want to maintain your current standard of living, you need to begin to assess the real market value (RMV)your provide to your organization. Take appropriate steps to improve yourself in order to raise the value you bring to your employer.

Begin to compete now for your future position while you can do so on your own terms. It is far better to start preparing yourself now, rather than being forced to compete, ill-prepared, after receiving a notice of mergers and layoffs.

Think it can't happen to you? Think again!

Whatever your current position, you are making either a positive or negative financial contribution to your organization. Ask yourself the question, "Does the value I bring to my organization, equate to more or less than the cost of my salary?"

It’s important to be extremely honest with yourself on this key question. Realize today that your position in the company is only as secure as your ability to consistently generate a financial contribution over and above what it costs the organization in salary and benefit costs to employ you.

Looking to earn more money? EXCELLENT - you absolutely should be seeking to earn more. However, it’s important that you understand that the term “earn” does not equate to "I feel I’m entitled to".

The clear definition of the word “earn” means to make money by working; deserve something; and to produce interest or dividends. Therefore, in order to earn more, you must focus on adding more value to your organization.

Obviously, you could earn more money simply be going out and getting a second job. In doing this, however, you are still exerting more effort and adding additional value to the economy. You are just doing so through two separate employers.

In order to make more money in your current position, you need to first ask yourself if you are working in an industry that is growing or one that is on the decline.

If your industry is decreasing in size, you must understand that your opportunities for moving up and earning more may become increasingly limited. However, if you prepare yourself to add greater value to another organization in a growing industry, your chances of earn more in the future improve.

Bottom line, if you seek to possess job security, you must continually work to raise your value to your organization.

Your current level of education, knowledge, skills and experience – are the result of personal and professional investments you’ve made in yourself up to this point in time. Do not make the mistake of expecting those initial investments to continue to carry you through to retirement. We must all continue to invest in ourselves, to learn and grow.

So whatever job you are doing today, begin to plan and prepare yourself for your next position. Remember always that there are jobs with futures and jobs without futures. Make certain you are continually lining yourself up to hold a position with a company in a growing industry and you’ll always hold a job with a future.

Does this all sound like a lot of hard work? Well yes, it can be. However, the work that needs to be done can only be determined by you. The pace at which it is completed is also up to you. Setting clear goals and breaking them down into bite-sized pieces over the coming year, is a great way to plan without feeling overwhelmed by the whole process.

GET EXCITED! There are more opportunities available to you in this ever growing economy than at any time in history. You can quite literally become, acquire, or do - just about anything that you can envision as long as you take steps now to prepare yourself for bigger and better opportunities.

It's never crowded at the top so there is plenty of room for YOU! Take your rightful place among the successful, by remaining focused on what you need to accomplish.

Your primary responsibility as President and CEO of YOUR HOUSEHOLD, Inc., is to increase the value of your company stock. Continue to learn, grow and make yourself an invaluable commodity, and watch your stock soar!

We’d like to help get you started! We encourage you to take advantage of the newest free tool – our recently released Leadership Coaching Course. See you in the next section.

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