We are living in the midst of the deepest recession in human history. The International Monetary Fund expects a 3% decline in global GDP this year, the European Union’s economy will contract by 7.4% and perhaps most pessimistically, the International Labour Organisation expects an equivalent of 305 million full-time jobs to be have been lost by the end of June. In every direction, there is a new story of doom and gloom.
The “Circuit Breaker” song project came together as the result of several experiences that I believe are characteristic of an MBA year at INSEAD:
A lot is being said about how to be successful with your job search during uncertain times. However, I don’t see job search as some mystical creature that needs demystification. It’s a matter of common sense with a good dose of being clear about your career goals, being realistic, being committed and being in the right mindset. Being clear about your career goals.
It might be strange to imagine the MBA as a place for failures when it’s usually associated with success. After all, many of us are hoping that forgoing a year of work experience, paying not only a tuition fee but the opportunity cost of lost wages, will be worth the career growth that results from earning an MBA.
Business schools teach ‘business as usual’ topics. This is understandable as they are the tools that we use the most on a day-to-day basis. Typical courses in strategy, finance, accounting, economics etc. study how things work in ‘normal’ conditions.
“Are the firms still hiring?” “Should I still look for a job or should I just take a break from job search?” If these questions have crossed your mind, you are not alone. Although hiring has slowed down, there is a general consensus among a number of professionals from different sectors that it has not completely stopped.
One never forgets the delicious taste of freedom. For me, it was in the form of pizza. Fresh from the oven, topped with salami, olives, and cheese. Why pizza? Because that was my final dine-in meal, right before COVID-19 forced France into lockdown.
A handshake. Sitting in a classroom. Going to ‘Freddy’s’ bar. So many things we have taken for granted have now changed.
When I was 12 years old, my dad launched a startup. After having closely analysed and researched the market, he had identified a gap. So, he quit his job, got a loan, recruited the best people, rolled up his sleeves and got to work. His entire team worked feverishly for months and months on the project: a sort of paper-based Craigslist with the revolutionary addition of CD-ROM content.
After nearly five years of working in an office environment at INSEAD, I’ve switched to working from home. Due to the COVID-19 situation, I knew it was the right decision but I’ve been surprised that letting go of working from the office would be so uncomfortable.