donderdag 26 maart 2009

Some hope for retail execs

There is some good news for retail executives. These store managers and district managers might end up as white-collar professionals. They might climb the corporate ladder and become vice president or even something higher after leaving chains such as Linens ‘N Things, Circuit City and Fortunoff. It’s like people say: one company’s loss might be another business’ treasure.

Kevin Rigsby is 27 years old and used to be a district service manager with Circuit City. He was responsible for home theater selling and installation but because of the crisis the company went bankrupt and Rigsby lost his job. But he is one lucky guy. He now has a Snap-on franchisee and sells professional hand tools and power tools to repair shops, auto dealers and industrial manufacturers. He was able to do this by studying. He got an education and learned about profit and loss management and customer service and now his advice to everyone else who has lost their job in the retail sector: “it’s not because you’ve been selling electronics that you can’t learn to sell something else”.

The president of Snap-on, Barrie Young, declared that 40% of the new franchisees over the last nine months have had jobs like store manager or district manager in merchants such as Circuit City, OfficeMax and Home Depot. Young says that his business requires people with professional skills and that he finds this with people like Kevin Rigsby. The only problem that these people might experience is the extremely high cost to start-up a franchisee.

It’s great to hear that some people can finally stop suffering from the economical crisis. It’s absolutely true that people who work in the retail sector can learn to sell anything else. In the end selling is in their blood and they would do anything to keep working in that sector.

Education is a great way to create jobs; people are needed to educate and the people who get educated will be likely to find a new job. This is a great impulse for the improvement of the American economy.

Source: http://money.cnn.com/

2 opmerkingen:

  1. Finally some good news for people who lost their job in this economic crisis.
    It's fantastic that Kevin didn't lose his hope to find a new job. He was really optimistic and started to study. Education is a possibilty to increase your chances to find a new job. In my opinion, Kevin is a example for other people.

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  2. I also agree with the opinion of Hanne. Kevin his situation is an example for our society. The employee shows his motivation for working when he follows an education. It is a good way to give chances to unemployed people... Also the level of knowledge will be encouraged.

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