When there are many seats available on the lifeboat, with plenty of other lifeboats nearby, people do not need to do much to make sure they have a spot. However, if the economic tides change and the lifeboat becomes very crowded and there aren't many others in sight, then people start to literally and figuratively push to be sure they keep a seat.
With the economy slowing and layoffs announced daily, employees are doing more to make sure that management knows how valuable they are. In fact, employees are now being advised on many fronts to keep management informed of their accomplishments, skills, and contributions. And, this is sound advice.
At the same time, it does not make sense to be a braggart. By definition, bragging means arrogant or boastful communication, and this can undermine the very accomplishments that are being mentioned. However, by using a factual, low key, and informational style, you can communicate your successes while sending a subtle message about the measurable value that you bring to the company. At the same time, it is important not to go overboard when discussing your accomplishments.
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