{"id":1905,"date":"2022-10-11T13:58:21","date_gmt":"2022-10-11T18:58:21","guid":{"rendered":"https:\/\/www.patheos.com\/blogs\/marketplacefaith\/?p=1905"},"modified":"2023-02-02T14:10:39","modified_gmt":"2023-02-02T19:10:39","slug":"5-questions-to-ask-your-boss-about-the-looming-recession","status":"publish","type":"post","link":"https:\/\/www.patheos.com\/blogs\/marketplacefaith\/2022\/10\/5-questions-to-ask-your-boss-about-the-looming-recession\/","title":{"rendered":"5 Questions to Ask Your Boss About the Looming Recession"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><head><meta http-equiv=\"content-type\" content=\"text\/html; charset=utf-8\"><meta http-equiv=\"content-type\" content=\"text\/html; charset=utf-8\"><\/head><body><p style=\"text-align: center;\"><a href=\"https:\/\/wp-media.patheos.com\/blogs\/sites\/556\/2023\/02\/paul-alain-hunt-_QhDyjKpQQI-unsplash_2_20-scaled.jpg\" class=\" decorated-link\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-1908\" src=\"https:\/\/wp-media.patheos.com\/blogs\/sites\/556\/2023\/02\/paul-alain-hunt-_QhDyjKpQQI-unsplash_2_20-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\"><\/a><\/p>\n<p id=\"viewer-ff7q2\" class=\"mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">Everywhere you turn \u2013 news headlines, updates from the Federal Reserve, roundtables of CEOs \u2013 you hear about the coming recession. <\/span><\/p>\n<p class=\"mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">The last time we had a real recession (Covid 2020 was a temporary shock) was 2008 \u2013 2009. Millions of jobs were lost. Real estate values tanked, and it took years for economic opportunity and investment to recover. <\/span><\/p>\n<p class=\"mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">Now, <a class=\"_3Bkfb _1lsz7 decorated-link\" href=\"https:\/\/www.cnn.com\/2022\/09\/28\/economy\/recession-global-economy\" target=\"_blank\" rel=\"nofollow\" data-hook=\"linkViewer\"><u class=\"_3zM-5\">probability models indicate<\/u><\/a> another economic downturn is quickly approaching. What can you do to prepare without becoming overwhelmed?<\/span><\/p>\n<p class=\"mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">While there are a number of best practices for steering your career through a downturn, we believe one critical task is to engage with your boss. <strong>Here are five questions you can use to create space for you and your supervisor to prepare for what\u2019s coming.<\/strong><\/span><\/p>\n<div data-hook=\"rcv-block12\"><\/div>\n<h3 id=\"viewer-djm8k\" class=\"_1joqJ _1j-51 _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">1. What Did You Learn During the 2008-09 Recession?<\/span><\/h3>\n<p id=\"viewer-8ff69\" class=\"mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">Many folks who are leading today went through the last recession. Create space for your supervisor to reflect on last time and mine that experience for best practices. This question shows respect for them and their expertise (and may even help draw it out!).<\/span><\/p>\n<p>\u00a0<\/p>\n<h3 id=\"viewer-d8foj\" class=\"_1joqJ _1j-51 _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">2. How is Our Company Poised for What Lies Ahead?<\/span><\/h3>\n<p id=\"viewer-ek7pr\" class=\"mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">This question demonstrates interest in the larger picture facing the place where you work. This is an opportunity to show you are not just thinking about yourself but curious about the big picture. <\/span><\/p>\n<p class=\"mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">It also gives you a read on your boss\u2019s level of macro-perspective and business acumen. You may find they have a great answer, or you may find you need to find some other sources of wisdom at your company. This question also may reveal upcoming challenges or changes at the company.<\/span><\/p>\n<p>\u00a0<\/p>\n<h3 id=\"viewer-9pla5\" class=\"_1joqJ _1j-51 _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">3. What Do You Think our Biggest Recession-Related Challenges Will Be?<\/span><\/h3>\n<p id=\"viewer-6t1tt\" class=\"mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">This question is a more narrow version of question two. It is specific to your firm, your market, your working team. Knowing the challenges that are coming positions you to be a solution source. <\/span><\/p>\n<p class=\"mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">For a Biblical example of this, look at Daniel in Daniel chapter 4, who helped the King discern what was coming. The King didn\u2019t listen and Daniel held the kingdom together as the king paid the price for his pride. The point is, the answers to this question can position you to serve the company and your colleagues by being ready for what\u2019s coming.<\/span><\/p>\n<div data-hook=\"rcv-block28\"><\/div>\n<h3 id=\"viewer-2bk6p\" class=\"_1joqJ _1j-51 _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">4. What Best Practices Have You Employed Personally, or Seen in Others That Seem to Carry Them Through Economic Downturns?<\/span><\/h3>\n<p id=\"viewer-8nr61\" class=\"mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">This question takes us beyond the realm of work to personal advice. Even if your boss isn\u2019t older, they still may possess wisdom for you on this point. \u201cHow do you survive an economic winter?\u201d It speaks to personal finances, emotional health, and mindset. You are communicating that you value their input and you will likely learn something helpful.<\/span><\/p>\n<div data-hook=\"rcv-block32\"><\/div>\n<h3 id=\"viewer-mmbe\" class=\"_1joqJ _1j-51 _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">5. How Can I be a Resource to You in the Days Ahead?<\/span><\/h3>\n<p id=\"viewer-aktr1\" class=\"mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">This is the million dollar question. It communicates, \u201cWe are facing challenges, and I want to make that easier.\u201d Every boss is looking for team members who are part of the solution set, not part of the problem. <\/span><\/p>\n<p id=\"viewer-c21fh\" class=\"mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">But this is not about posturing. It\u2019s about preparation. As you hear where you may be needed, you can get ready to make life better for yourself and your boss. Peter Drucker often points out that any wise team member will make it a priority to help his or her leader succeed.<\/span><\/p>\n<p>\u00a0<\/p>\n<h3 id=\"viewer-7g279\" class=\"_1joqJ _1j-51 _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">Controlling What You Can Control<\/span><\/h3>\n<p id=\"viewer-d8lsi\" class=\"mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">There are a number of reasons to talk about the looming recession with your supervisor. It\u2019s a way to deepen your connection with your boss as difficult times lay ahead. This conversation gives you a feel for how your upline is feeling about business prospects in the days ahead. You may get a sense of how secure your job is as the predicted recession unfolds. Even if you don\u2019t get a read on your future prospects, you\u2019ve opened a line of communication which will serve you well.<\/span><\/p>\n<p id=\"viewer-26rim\" class=\"mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr\"><span class=\"_2PHJq public-DraftStyleDefault-ltr\">Ultimately, you can\u2019t control an economic downturn, but you can control how you prepare for (and respond to) one. Our advice at VOCA is surprisingly simple: be thoughtful about preparing for what lies ahead, have intentional conversations, aim for impact, and seek first the Kingdom of God (Matthew 6:33).<\/span><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Everywhere you turn \u2013 news headlines, updates from the Federal Reserve, roundtables of CEOs \u2013 you hear about the coming recession. The last time we had a real recession (Covid 2020 was a temporary shock) was 2008 \u2013 2009. Millions of jobs were lost. Real estate values tanked, and it took years for economic opportunity [&hellip;]<\/p>\n","protected":false},"author":2285,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1905","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>5 Questions to Ask Your Boss About the Looming Recession<\/title>\n<meta name=\"description\" content=\"The questions you ask now may determine your future later.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.patheos.com\/blogs\/marketplacefaith\/2022\/10\/5-questions-to-ask-your-boss-about-the-looming-recession\/\" \/>\n<meta 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The VOCA Center, a faith-based nonprofit organization, offers professional solutions to professional problems anchored in biblical wisdom. Certified in Executive Coaching at Columbia University, Chip tackles vocational challenges from 30 years of experience as a small businessman, a pastor, a career coach, a business consultant, and managing Partner at RKE Partners. 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