Quote:
Originally Posted by Buehler445
You need to do your due diligence and make the best possible decisions. At least I do, to sleep well at night. But the fact is that almost every one of those decisions is made on limited information at best.
There is still a lot of volatility in the national economic environment. There is lots of news that it is turning around, but be cautious, it's still kind of a bitch out there. My advice is make damn sure the grass is indeed greener and get some sort of reasonable assurance that it will stay greener in the long term before you take on the barb wire fence.
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Best advice I've seen, but then I've just glanced at the thread.
Without knowing your industry, I'd ask everyone you can confide in about anything and everything they know about the company. I'd talk to everyone on their management team at length if I could and be as specifc as possible about the profitability of the company. 2010 earnings compared to prior years, forecast for the next few years, biggest customer and understand the ownership. If junior is getting ready to take over for daddy or daddy's gonna croke and the family might sell....
BBB filings, industry data, product line, market share.
In this environment a lot of companies are a few sales away from broke. If their top customer goes down, what happens to their bottom line?
Then if your current employer tries to get you to stay, I'd ask the same questions of them and weigh your options.
Look at it like you are the bank and they are asking you for money. Your time, experience and lost opportunity are incredibly valuable to you so make both of them earn it. The questions you ask might actually impress and improve your opportunity with both of them.