The recession can be a very interesting period for the HRM Function. The HRM Professionals can design, develop and implement a lot of new HRM Processes in the recession, which are simple and really efficient. But they need to have a clear vision of the HRM behavior in the recession to be really successful.
Category Archives: HR Strategy
Clear HRM Vision and Recession
November 7, 2008 – 9:25 pm
HRM Quick Wins in Recession
November 5, 2008 – 9:32 pm
The HRM Function should be ready for the recession, which comes from time to time. The HRM Function should be always very careful about the costs added to the organization as cost cutting always hurt. The HRM Function has always to predict, the recession will come and the nice initiatives can be then very painful [...]
Bonus Schemes Troubles in Economic Crisis
October 6, 2008 – 8:22 pm
The bonus scheme are usually seen as the best motivational tool. Generally, it is true, when the economony and the organization grows. The employees get nice bonuses and they expect higher bonuses every year. The economic crisis changes the picture. The employees have to be prepared to get smaller bonuses, but they are not ready [...]
HRM cannot afford mistakes in Recession
October 3, 2008 – 8:55 pm
The recession brings a huge pressure on the HRM and the costs for the organization. The HRM has to change its focus quickly – from designing and implementing nice policies and initiatives focused on the employee satisfaction to the initiatives focused on the unpopular cost cutting activities. The recession needs a completely different approach from [...]
Fluctuation and Managers
September 20, 2008 – 4:04 pm
The fluctuation is seen as a danger for the company. The fluctuation is not dangerous, when the organization has a clear plan for the protection of know how and knowledge in the organization. The employee can leave the company, but the organization has to keep the knowledge to make sure, the smooth operation can continue.
Market Chaos? What benefits for HR Management?
September 18, 2008 – 8:33 pm
The market and economic news are not optimistic today. When you do the HR Management in the big global bank you can be worried about your best employees as everyone wants to discuss what is in the accounting books. The HR Management Employees in other sector can keep calm… so far.
How to set up HR Organizational Structure?
September 16, 2008 – 8:31 pm
This is a simple question with a very difficult answer. The HR Organizational Structure has to fit the needs of the organization, the business strategy and the HR Strategy. The HR Structure has to support the HRM Function and it does not have to fit all the new HRM trends.
