It might be a bit early to say so, but a lot of indicators are promising an end to the deeply feared phenomenon of global recession. A phenomenon that shut the doors of many companies and also ended a lot of promising careers. The impact has been profound more so because we are all a part of "connected" world order
Throughout this period, academicians and practioners have been giving different advices on how to tide the crisis. But with the end of the turmoil near in sight its time to look back, reflect, change and quickly adapt to the new world.
Easier said than done, its time to really look at some of below mentioned things and then reflect on the change it can bring.
1. Damage assessment - When recession took over, organizations resorted to a number of measures, including cost cutting, workforce reduction and in some cases restructuring. In some cases, this has led to brand erosion, loss of trust and lower employee morale. Its time to assess the extent of damage and quickly ensure that it does not cause further damage.
2. Need assessment - Organizations and in particular HR needs to quickly assess what it has lost in the time passed, is it competitive advantage, its brand value or its employees ? How does it ensure that it maintains the edge in the competitive landscape.
3. Talent Assessment - Its time to assess the current available talent. See what could be threat factors and how organizations can ensure they are able to retain their workforce when things are better in the job market.
To ensure that organizations are able to do a great job they might like to look at some of the following
A. Check Engagement levels in the organization
B. Quick assessment of the pulse of HR processes, so as to better deal with gaps and also strengthen the process framework.
C. Reassess values / culture framework to see if that needs to undergo a change.
D. Look at redifing Employer brand.
E. Create a more networked organization, with more focus on collaborations.
F. Create teams to leverage cross skills
G. Last but not the least focus on developing strong leadership in the organization.This leadership would help your organization reach the next level.
While this may look prescreptive in nature, not all would apply to all organizations. Its time to chose what you need to do bring about the vibrancy of your organization back, who knows it may be not all of this but a recreational get together. Only time would tell how well organizations shrug the baggage of past and look beyond recession. The sooner the better !!!
HR Bytes - Blog by Amit Avasthi
Views and Perspectives on HR, Leadership and more
Tuesday, October 13, 2009
Sunday, September 20, 2009
Back to Blogging soon
Folks, finally some good news i am all set to start blogging. As I had shared in my previous post, i was awaiting clearance from my employer to start blogging again.
With the clearance now in place, am ready to blog again
I would soon be up with my first post. Look forward to your continuous patronage and thanks for the innumerable mails asking me to continue blogging, It really adds on to the motivation. :)
With the clearance now in place, am ready to blog again
I would soon be up with my first post. Look forward to your continuous patronage and thanks for the innumerable mails asking me to continue blogging, It really adds on to the motivation. :)
Thursday, August 6, 2009
Delay in Blogging
I have been getting mails inquiring if I would not be blogging anymore ? I must apologise to the readers of this blog for not being able to post new blog post. As most of you are aware I have just joined my new job, so i am still in the process of getting more clarity around the policy to ensure that i can blog smoothly.
Till then I would request you all to bear with me. :-)
Thanks
Till then I would request you all to bear with me. :-)
Thanks
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