The unemployment rate grows rapidly during the current recession. The people are worried about their jobs and they are worried about the stability of their employer. The moves on the job market can look to stop, but this is not true. Even in the recession, the number of job offers stays almost constant. It is [...]
Tag Archives: recession
Goal Setting Process in Recession
The goal setting process can help the organization a lot, when the organization uses goal setting process properly. Many companies have difficulties to select the strategic activities and to set the goals to employees with the strategic vision in the mind of managers.
Communication supports innovation in recession
The innovation and creativity are the best weapons against the recession on the level of the individual organization. The organization fights with the slowdown in sales and the cash-flow can be strongly affected. The innovation can help to change the products and services to start a steady growth in sales volumes again. But the innovation [...]
Compensation Strategy in Recession
The compensation strategy is a general document about the vision, mission and strategy of compensation and benefits of the organization. Generally, the recession has no impact on the compensation strategy, but the organization has to make some adjustments.
Top Performers in Recession
Top Performers are the source of the sales excellence in the organization. In recession, the HRM Function has to take care of them as they can feel unsuccessful and frustrated. The top performers are used to enjoy better results month by month. They are not used to see any decline in their results and their [...]
You cannot buy a leader on the market
The recession changes the focus of many HR Processes, but the leadership development should stay the same. As the organization fights for its life, the leadership development is one of the key success components for the future.
Excellent job candidate among many others
The issue of the current recruitment is not just about the right job openings, which will help to the organization to survive the recession. The current recruitment and staffing is flooded by the number of job candidates. Again. As the situation on the job market worsens, the people send their job resume to many openings [...]