This blog post was originally written and published by Nish Parikh, Rangam CEO and Co-founder. To view Nish’s post on LinkedIn, please clickhere.
As part of the executive decision-making team at@Rangam, I have been thinking a lot about the challenging times we all are going through. The talent market is still down withslower job growthpredicted in the coming months, and that's a problem for a workforce solutions company like Rangam. We find ourselves in a tricky spot, grappling with the aftermath of the pandemic and the ongoing conflict in Eastern Europe. The far-reaching global consequences of these events, including inflation, supply chain disruptions, labor shortages, and a decline in consumer and business confidence, are just a few of the challenges we face. These things are outside of our control, and they are impacting us significantly.
Many companies are laying off workers and putting the brakes on hiring, which is really hard to see. It's tough to watch good, hard-working people lose their jobs while businesses struggle to stay afloat. This is making our work of connecting people with jobs more difficult than ever.
Amid all this, our belief in empathy is being put to the test as well. At Rangam, we live by the mantra ofEmpathy Drives Innovation. It's something we all believe in and practice, from the leadership team right down to the last person in our workforce. But these days, empathy feels like a challenge. We have had to make some tough calls lately, and for someone like me, who believes in understanding and sharing the feelings of others, some of those decisions have been heart-breaking.
But even with all this going on, I see a bright spot. History tells us that the sun shines brighter after the clouds are dispersed. Our economy is slowly picking up again, and when it does, companies will need our help to find the right talent. For those of our team whom we had to let go, we hope this will mean the chance to welcome them back.
I am a big believer in new ideas. But the way I see it, a good idea is one that you can use again and again, one that solves real problems and contributes to the development of sustainable and growth-catalyzing business models. These are the kinds of innovative ideas Rangam is evaluating right now — ideas that help us in the long run, not just quick fixes.
In all honesty, the road ahead might be fraught with obstacles. However, I am filled with a sense of hopeful anticipation. Even though there's a lot that we can't control, we are focusing on what we can, i.e., enhancing our efficiency, gearing up for the inevitable recovery, and advancing sustainability through value-added innovation. This is a call for resilience, a test of our ability to adapt — and I firmly believe that Rangam will emerge from these trials stronger, smarter, and more prepared for the future that awaits. We are not just weathering the storm; we are learning to dance in the rain. And in all of this, empathy remains — and will continue to remain — our guiding star.