| HRs answer to the credit crunch |
| Saturday, 25 October 2008 |
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Browsing one of my favourite HR blogs: McArthur's Rant, I came across a great list of tips HR the answer to the credit crunch? for effective people management in the credit crunch.
I agree with Scotts list and would add that if it comes to reducing the workforce:
- do it as quickly and sympathetically as you can
- provide support to those leaving so that they continue to be ambassadors for your organisation, and also
- provide ongoing encouragement, support, positive feedback to the survivors those who remain with the organisation. Those that remain after downsizing often suffer a dip in motivation, which is where knowing your people pays off, as you can tailor your approach to the needs of individuals.
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| Last Updated ( Thursday, 23 October 2008 ) |