Job lost is an accident or a process: Continuation...(Part-II)
Company’s performance in the last few financial years.
Let us consider a scenario that, you need to sail for the next few months, to reach your destination. Will you go for a small boat? Which can only accommodate you? Or your choice would be a big ship. Which can accommodate a number of people, along with necessary several items like food, water, etc, for your survival. So the choice is very simple, isn’t it? Although somebody can tell I would prefer cargo flight, jokes apart.☺️
By this example, we can understand the strength of the ship is necessary. Necessary to overcome the global financial storm. But, someone can also ask, how one can understand? Understand the economic strength of the organization? The answer is very simple. Please check the profit loss statement for the last few years. Also, you may refer, its methodology to overcome the crisis, in past history.
After all this study, can we say that we are safe? The answer is NO. But it would defiantly reduce the probability of such failure.
We will come back with an example,soon...
Part -I: https://ivanforsunshine.blogspot.com/2020/05/job-lost-is-accident-or-process-part-i.html
This is very true. We need to check tha facts and figures of last few years company's performance before joining...Thanks for your simple example
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