the ray of hope for human resource to curb recession

The Ray of Hope in Recession for HR

HR during Recession- Overview

Copyright 2013 | Saigun Technologies Pvt. Ltd.

2

Specialized Functions

Addressing Needs

Lay-offs

Trim salary packages,

incentives & benefits

Worried? 5 reasons why you should not be-

Determination of Leadership

• A very strong determination among the political and business leadership to end the recession

• Minimize its effects in any way possible

• Find ways out of the recession and move into a new era


3

Positive thoughts during recession

New thoughts on management

• Past and current failures have already triggered new thoughts

• New ideas:

• Bring better management practices

• More financial transparency

• More control over plans and strategies

• Improving global business culture


4


Emergence of new leaders and think tanks

• Sudden recession is an opportunity to those with innovative ideas to emerge out of their shells

• There is a shift in the power of various thought schools

• A controlled and consistent growth are emerging as the new drivers of change


5


History of Men

• Recession is merely a small hurdle

• There are companies that are still hiring

Hence, in a year or two this too shall pass.


6


New developments in Technology

New performance improvement tools


7


Effective tackling of new challenges

Thank You


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the ray of hope for human resource to curb recession

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