Q. How can an organisation keep its talent motivated during a turnaround?
A. The biggest tool, I feel, is in the form of an open and transparent communication to all concerned regarding the plans, including sharing of vision, mission and desired business
objectives. Apart from this, use of an external consultant for guidance, training and various other change management interventions, which help the employees to remain motivated during a turnaround, are also available. There are organisations and organised groups which help, firms seeking a turnaround, to carry a complete turnaround process along with taking care of employee motivational issues. A well-motivated internal team is able to help the desired turnaround quickly by nature of its participatory role through shared commitment.
A. The biggest tool, I feel, is in the form of an open and transparent communication to all concerned regarding the plans, including sharing of vision, mission and desired business
objectives. Apart from this, use of an external consultant for guidance, training and various other change management interventions, which help the employees to remain motivated during a turnaround, are also available. There are organisations and organised groups which help, firms seeking a turnaround, to carry a complete turnaround process along with taking care of employee motivational issues. A well-motivated internal team is able to help the desired turnaround quickly by nature of its participatory role through shared commitment.
Q. How do HR priorities undergo a change to support the turnaround?
A. HR has to act as a facilitator, guide, mentor, communicator, strategist, path- breaker, and torchbearer. HR should play this role during the various facets of a turnaround plan, strategy and even at the execution stage of turnaround blueprint, including implementation of the 3R turnaround strategy, retrenchment, repositioning and reorganisation. Read more...
Read More IIPM Related Articles
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri's Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM's Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
A. HR has to act as a facilitator, guide, mentor, communicator, strategist, path- breaker, and torchbearer. HR should play this role during the various facets of a turnaround plan, strategy and even at the execution stage of turnaround blueprint, including implementation of the 3R turnaround strategy, retrenchment, repositioning and reorganisation. Read more...
Read More IIPM Related Articles
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri's Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM's Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
No comments:
Post a Comment