Fear and Hesitation
I have been in the unlucky position of looking for a new position in the current environment. I had thought from past experience that early January would be a fruitful time to look. Also, given the financial turnaround that most firms have experienced in the last two years I had expected some reasonableness on the job front.
Instead I see an environment full of fear and hesitation:
- Companies have avoided doing lots of work for some time that has to be done or they may go out of business
- New product development deadlines are approaching that must be done or vc’s, funding sources, etc… will pull out leaving the entity at risk of surviving
Given the pressures to get something done there is a constant stringing along of candidates for budgeted work. First contact a week out. Initial meetings scheduled in another week. Decision time possibly in another week.
I think these projects are funded. So, money is not the issue – they will try to bargain, but that is the norm for everything.
There are candidates available to do the work with the skill set. So, a dearth of prospects is not the issue. I know job postings are getting swamped.
There is a definite timetable for producing the product, feature. Hiring managers have the experience to know how long the pieces will take.
There are specs on what has to be done. There isn’t much vagueness involved. Gone are the days of napkin idea products.
There was a quote from the lead singer of the Fine Young Cannibals (yes I am that old and yes I really liked the band’s music) to the effect not making a decision is making a decision. In other words the companies that are delaying projects are effectively deciding to go out of business.
It’s not rational, but fear isn’t rational. It’s emotional. I think mixing emotions with business is a disaster.
