Skip to main content

Posts

Showing posts from September, 2009

Accountability of HR

In most organizations HR personnel together with the Senior Management are jointly responsible for creating all employee related initiatives. However the charge of properly communicating and executing the same remains primarily with HR, hence even if HR personnel are not directly responsible for an initiative going wrong, they definitely remain accountable for it. Many organizations have adopted various forms of Management by Objectives (MBO) where the focus is on goals or outcomes rather than just activities. Hence if an initiative does not materialize, it affects the entire HR department’s goal sheet. Since in such transparent systems there is no option to pass the blame to some other department or person, it is always a good idea to take the responsibility and come up with corrective and preventive measures to ensure that such incidents do not recur. To mend such problems, the following steps can be taken: 1. Do a ‘root cause’ analysis – the first step is always to find out why the ...

Organizational Training During Economic Slowdown

Since training and development budgets are continuing to grow in most organizations and are often very easy to quantify, they are often the first to go during a cost reduction drive. As the output - Return on Investment (ROI) - is often not immediate and many training programs often fail to deliver what was expected, these are often treated by organizations as secondary activities which can be postponed till the revenues and profits improve. However such traditional approach to cost savings can be damaging for the organization in the long run. Because knowledge is more specialized and its shelf-life ever shorter, companies that have the ability to learn faster than their competitors by exploiting training and development initiatives as an integral part of their business strategy can have a significant competitive advantage. Reducing the training budget could often result in lowering the efficiency and effectiveness of staff which would in turn reduce the productivity and work quality...

The Recession Blues

The debate is still on whether organizations are back on the road to recovery or still beating the recession blues. Many organizations feel that the recession has bottomed out and are anticipating the recovery to start soon. They are upbeat about their business prospects and have already started recruiting. However others are still downsizing and are putting negative or reduced business growth forecasts, implying that it will take a while before they see any signs of economic recovery. I personally feel that the crisis will soon bottom out and with some rational fiscal measures that are already been taken by most governments around the world including India, it will be in a path to recovery within a year or two. Impact on HR The hiring choices are always limited during the times of economic boom; you hire the best from what you get through relative assessment. Candidates one would consider average at best also demand a high compensation package or a particular position/designation in t...

Maintaining Employee Confidence in ‘The Times of Gloom.’

In economic downturns like the present, we depend highly on our employees to put their best efforts and help the organization pull through this crisis. To allay each employees fear and anxiety while at the same time keeping them motivated to perform at their best levels, special attention on maintaining employee confidence and maintaining a good work environment is highly essential. To have a confident and engaged workforce, clear communication and a proactive approach is essential for the following: • Infusing optimism on the current and future business, by sharing actual facts and figures, to ensure every employee gets the complete and accurate picture. • Setting clear goals on what needs to be done and when. • Demonstrating proactive approach to help employees cope with stress (through proper training and/or counseling sessions) • Have normal working hours to the extent possible for work/life balance, Practicing the above also increases the chance of improving employee productivity ...