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A couple of weeks ago, I predicted another Golden Age for Wyoming.
Usually this refers to the high prices that our coal, natural gas, uranium and oil are getting in the marketplace, which I predict is happening.
Lately other important sectors of Wyoming’s business world are starting to boom, too.
Biggest new deal would a proposed $1 billion Verizon data center in Laramie. Seems that consistent cool (sometimes cold) winds make that location very attractive.
This goes along with the NCAR Super Computer site that is half completed in Cheyenne. This will be one of the most powerful computers in the world and is expected to generate many peripheral businesses.
Along with that is the arrival of a company that builds wind turbine towers locating in Cheyenne. Glad to see that occurring.
These are all jobs that presumably would not be affected by the ups and downs of energy prices, which have plunged our state into boom/bust economic cycles often in our history.
The fast development of Eleutian Language Technologies in the Big Horn Basin and Casper also bodes well. That company uses Wyoming workers to teach English to students all over the world, especially Korea and China.
Even the new Wyoming Catholic College here in Lander, which pumps $4 million annually in our local economy, is typical of this new type of non-energy job development.
All the above got me thinking about how a person gets a job, keeps a job or manages to hire people to do a job.
In most parts of the country, finding and keeping employment has become “job one” for most employees. With up to 18 percent of the country’s workers unemployed, the despair of joblessness is a national epidemic.
So how can a person protect himself or herself from losing their job? I have a few simple rules that could apply.
My favorite business quote actually comes from the bible, Solomon`s wisdom in Proverbs: Wisdom is the principal thing; Therefore get wisdom. And in all you are getting, get understanding
How often have we held jobs where we did what we were told to do, but really did not truly understand what was going on?
I became an employer at the age of 24, and with that transition, found out what it was like to make decisions that affected those people working for me.
And often, the persons who got promoted or were kept in employment were the ones who “got it.”
If you work for a bank, do you really know how banking works? If you are a government worker, do you fully understand the laws that are guiding your reason for existence?
In today’s economy, working as a middle manager for a company or doing almost any government-type job can be risky. In an era of direct-to-the-customer marketing, the poor middleman can suddenly be expendable.
It is survival of the fittest time.
Those who work the smartest and hardest and know the most about their business should survive during difficult economic times.
And as usual, the best sales people will always have job security. Someone who knows how to sell will never be out of job.
It was just three years ago that Lander had a booming real estate industry like most cities and towns across Wyoming. Today, it looks like there are half as many agents still active and most of the bigger firms have downsized or merged with others. The downturn in the economy has weeded out the under-performers.
Loyalty is another huge issue in maintaining your job security.
And this creates an odd conundrum where, on the one hand, we suggest you learn all you can about your business so that you can become indispensable or so you can easily grab another job if yours disappears. But during times of stress, many employers will retain those folks whom they consider to be most loyal.
Note that under the new Code of the West adopted by the state, “Ride for the Brand” is listed number seven of ten attributes to be admired.
Even when I had to lay someone off because of the economy, if it was obvious they were loyal, then you would do everything in your power to help them out.
This could mean extra severance pay or assistance in helping them find another job.
All of these tips are good things to know as the job market in Wyoming starts to improve.
Soon, we may be the envy of the country in other ways besides our traditional energy base.
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