The Great Resignation should not be news to anyone. In the late 1970s, large manufacturers such as General Electric began offshoring. This is what is described as a business’s decision to replace domestically supplied service functions with imported services produced offshore. In other words, acquiring services from an outside (unaffiliated) company or an offshore supplier set the stage for the Great Resignation.
The Great Resignation
The Great Resignation should not be news to anyone. In the late 1970s, large manufacturers such as General Electric began offshoring.
Offshoring is when a business decides to replace service functions with imported services. Acquiring services from an outside (unaffiliated) company or an offshore supplier.
It was the former CEO of General Electric, Jack Welch, who made a shocking argument. He said, “public corporations owe their primary allegiance to stockholders, not employees.”
It was then suggested that companies seek lower costs and maximize profits by moving operations wherever is cheapest.
Do you remember a time when customer service representatives were in other countries? These offshore representatives barely spoke English and struggled to understand their customers.
It was at this point the foundation for the “Great Resignation” became a future reality. When workers, those who put money in the stockholder’s pockets become expendable, it’s time to create your own dream.
As an employee today you can either work on your own dream or work on someone else’s dream. Which will it be?
Are you ready to start working on your dream business? You need to know that the biggest challenge will be getting off the starting line.
It is okay to have big ideas and big dreams. It is okay to seek affirmation and advice. The issue comes into play when you never get around to making that first step … creating a product or incorporating a business.
No matter what the potential, dreams never executed vaporize into thin air.
If you are still thinking about resigning from your current place of employment review the Resignation Checklist.