Managing Human Capital During an Economic Downturn
Across industries, business leaders are seeking opportunities to improve efficiency and reduce costs. In many cases, these decisions have significant consequences for the organization's talent: reductions in force, hiring freezes, reorganizations and realignment of responsibilities. In such a climate, HR can place a key role in executing management mandates. At some organizations, however, HR is playing a far more active role in defining the challenges - and finding opportunities - that an economic downturn creates.
This webinar will define how HR can play a leadership role in crafting the organization's response to economic conditions. The webinar will discuss a range of approaches that can be implemented across many different HR disciplines including recruitment, compensation administration and employee development, focusing both on immediate cost saving strategies as well as long-term focused policy changes.
