Benefits of financial crisis
This is my second crisis. First one was the dot com crash and I think it was one of the best things that happened to internet. In 1999 some companies were hiring staff by kilo only to create a fasle image of growth so their stock value would raise. Projects were secondary, quality of product and services was secondary. I was very frustrated by this situation and was very happy to see that the dot com crash cleared some of that attitude out of the business. Internet became more practical and more focused. It actually started to almost be a normal business my parents could get.
However, again recently, some of my friends started getting paid like 1000 usd per day to do nothing in large corporations. And as soon as I hear this kind of stuff happens I know some kind of a crash has to happen very soon. People can not be paid 1000 usd to do almost nothing or offer almost no strategic value if it does not create a mess somewhere else.
Now there is another crisis and clients are starting to think a bit down to earth. Business people started to write things down a bit more, make more detailed plans, check what they are paying for… and such things. This is great. It is an environment in which I feel useful and able.
I really do not know how to behave in an atmosphere full of fake quality and overblown budgets, but I love being amongst down to earth business people who get their hands dirty.
Financial crisis should not be called a crisis but a clean-up.
