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Making Innovation Happen

A Global Aggregation of Leading Edge Articles on Management Innovation, Creative Leadership, Creativity and Innovation.  

This is the official blog of Ralph Kerle, Chairman, the Creative Leadership Forum. The views expressed are his own and do not represent the views of the International or National Advisory Board members. ______________________________________________________________________________________

 

Entries in Talent Development (1)

Saturday
Mar072009

Strategic Efficiency Enrolment – Gaining Efficiencies Without Reducing Headcount

In a downturn people are more important than ever. The challenge for 09? How to make your business efficient whilst looking after your people. In previous downturns, many employers focussed heavily on reducing labour costs as a way of maintaining bottom line performance. Some of these labour reduction strategies lacked dignity and were in retrospect poorly managed. As a result, when the economy recovered, the organisation was left with a major labour problem. Existing employees left as the job market picked up, and the company having developed a reputation as an employer who had failed to look after their employees, found it difficult to attract good people. But of course we can learn from this experience. Reducing head count is not the only, or even often the best way, to reduce expenses. There is a new way – it is called Strategic Efficiency

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