DOS AND DON'TS…in a downturn

January 2009
People Management;1/15/2009, Vol. 15 Issue 2, p38
The article provides tips on ensuring that a business emerges in a strong position than its competitors during economic downturns. It emphasizes the importance of the role of human resource (HR) leaders both as the recession starts to affect an organisation and once the full impact of the recession is felt. It suggests to check workforce management information so that problems such as poor performance is addressed by the HR team. Focusing on reducing an operating margin without fully exploring opportunities to promote revenue growth is also suggested.


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