Value your talent

Recently, I presented on the above topic at a Seminar. I was absolutely thrilled by the kind of questions I got in response to this topic, there were HR managers who wanted to know how to go about Cost cutting, there were others who wanted to know whom to layoff, yet there were others who shared their own experiences and what they had done.
I would like to share this from two perspective in two articles

a. From a HR perspective in this article

b. From a HR IT perspective in my next article.

While organizations today look at the best way to optimize costs and productivity, its imperative to take a more proactive approach than a reactive approach.
Here are some reasons why I think thats important.

1. Organizations are like brands, and HR needs to not just promote but protect this brand.

2. HR needs to take a long term perspective and keep in mind the " War for the right talent is always on"

3. HR needs to bring the best out of it employees at all times, and ensure that " Employees impact situations and not situations employees".

4. Right talent is difficult to procure and even more difficult to retain.

5. Value your talent now, because if you don't your competition would.

So all in all, it boils down to being proactive and not reactive. Its about taking a perspective on where to cut and what to keep. No doubt organizations would need to make some changes, but at what cost ? thats the answer they need to keep in mind.