Simon Group Ltd., an executive career coaching firm servicing major corporations in the tri-state area, has created an online publication called the Executive Tribune where executives can plug in to president Michael Simon, who blogs about current issues concerning the downturn in the economy and job market.
In Simon’s blog entry for Wednesday, he discusses the fact that he hasn’t seen so many millionaires on the job market in 25 years. According to Simon, especially on Wall Street, many executives are reassessing their careers to find more stable jobs. Luxuries that were once plentiful are also being reevaluated. Even the once highly-coveted golf membership has taken a back seat to paying for their children’s education.
“After many years of coaching senior and high-potential leaders, I’m seeing a heightened sense of anxiety in corporate C-suites at this time.” states Michael Simon, president of the Simon Group. “The disruption in the banking system coupled with the spiraling effects of the U.S. economic downturn has many executives on edge about their futures.”
Simon’s publication offers advice and consolation to many executives who find themselves in this predicament. As a founding member of the Association of Outplacement Professionals and a longtime career coach, Simon saw that with his years of expertise derived from involvement in corporate layoffs for over three decades, he could provide an informative storehouse of knowledge for C-suite business leaders.
Over 200 corporations have utilized the career coaching services of the Simon Group, including American Express, AXA Financial, Chase, Citigroup, HSBC, IBM, Nestle, Pepsi, Sony and UBS. The firm has managed large-scale workforce reductions for such companies as AT&T, Lehman, Philip Morris, Readers Digest, Saab and Union Carbide.
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Tags: blog about jobs, career coaching, CEOs, executive jobs, job loss
I think the growing competition and the current market scenario is making the rat race tougher. It is very important that one must plan his career growth to meet such adverse situations in life.