Not Again!
The news continues to be “increase in jobless claims” and “more layoffs.”
I’ve already written (here, here, and here) about the effect [tag]downsizing[/tag] has on a corporation.
So why visit this again? As a follow-on to my earlier post on [tag]hiring[/tag] (here). All of this downsizing and uncertainty is creating an opportunity for the forward-thinking organization (is that you)?
Is the IRS Leading the Charge?
McKinsey Quarterly recently highlighted this information:
“Studies have shown that although overall levels of recruitment may level off or even fall, the quality of workers hired rises in recessions. And opportunities to find and hire displaced talent may be particularly valuable during this downturn…”
Of all the groups that are taking advantage of this opportunity, I didn’t really want it to be this one…, but apparently the IRS jumped out in front and held a career fair in Manhattan and had people standing in line for three hours to talk to them.
No Time Like the Present
Now is the best time to take a look at your organization and find out which people are performing (truly adding value to your business) and where you might need to change up some things.
People: the people you want are out there!
Workforce Expertise:
If [tag]workforce costs[/tag] are a problem, make sure you are getting the best [tag]HC ROI[/tag] possible from current performers who want to be part of your team.
Where you have solid data to support it, move people around for higher productivity, coach people on specific needs, or upgrade your talent.
Upgrading talent doesn’t mean it has to cost more; it may be the engagement level you need not more experience.
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