obviously all organizations will go with difficult and uncertain time .HR should play a good role in organizational Development, Reform, and organizational Repositioning and performance enhancement to reduce cost and enhance their profitability.
By
christin varughese, Assistant Systems Engineer, Tata Consultancy Services (TCS)
| 12 18 2010 03:23:57 +0000
It all depends on the management decisions and how diplomatically they take it forward. They should create positive vibrations amidst employees to leverage unpleasant situations…
By
Sridhar S, Business Technologist
| 12 15 2010 16:47:05 +0000
Mmanagement needs to foresee how to get the company out of the unforeseen and unpleasant business situations
By
NARESH CHAND SAINI, Accounts / Finance Department, Hotel Jai Mahal Palace (Taj Group)
| 12 15 2010 04:29:28 +0000
We are all exposed to the global phenomena. Employee retention is key to strategist who thinks ahead and having a long term view of the business. Short sightedness will only fuel the problem.
By
Sambit , Project Manager, Azurepower India
| 12 15 2010 03:16:05 +0000
Uncertainty can dawn upon every organisation. Only wise leaders will save every penny for the rainy day!
By
S. Muralidharan, Executive Director, Knowledge Foundation & Campus Around the Corner
| 12 14 2010 15:50:18 +0000
Now A days Every organisation Is passing Through Global Recession And Uncertain Times.I Agree Due To Global Recession In Economy .
By
Ali imam Warsi, CUSTOMER SUPPORT SERVICES EXL SERVICES INDIA NOIDA
| 12 14 2010 13:35:16 +0000
When oranisation's Boss is a leader with the support of his staff and workers,with correct policy, good forethought for contingencies,with cool head for trouble shooting the weaknesses and be boyant in any uncertain situations then the organisations wont fall. There is more to add to it but the Boss matters more than anything else.
By
Rajendran Mariagnanam Mariagnanam, Founder and managing partner, Braintrain consultancy services LLP
| 12 14 2010 12:16:19 +0000
Organizations are also like living beings; they are born, grow, stay and also end. Difficulties and uncertainties are just part of the game.
By
Kumbakonam S Venkataraman, Associate Editor, Dynamic Youth online magazine
| 12 14 2010 10:22:39 +0000
Yes definitely all the org are more or less suffering from this kind of tribulations and so they lose the concentration where they need to focus in order to have harmonic progress.
By
Neerav Galathia, Sales Engineer, Aerzen Machines (India) Pvt. Ltd.
| 12 14 2010 06:22:33 +0000
Gradually this trend is changing and many of the big organizations are focusing more on work force planning. In the rush to downsize, eventually the company or organization loses so many talented employees.
The
slow-down is obviously having an impact on most of the organizations
world-wide. The private sector is focusing on reducing cost and increase
profits.
Public sectors are not remaining untouched; consultants are also
helping government and government owned organizations for making their
operations more efficient. The strategy of the government, for their
financial institutions, in many countries has been the bailout strategy.
Budgets were fine-tuned, and in several countries the civil services
were rationalized.
It is the need of the hour to boost up the spirits of the
employees who are considered to be the lifeblood of the organization. It
will assist the organization in the attainment of the corporate goals
through satisfaction of the personal objectives of its employees.
Further steps in an attempt to retain the valuable human resource of any
organization may include the proper reward system being introduced in
the organization. The motivation level of the employees has to be raised
in order to have the better results on a larger scale.
To lessen the impact of the global recession the key responsibility of an organisation is to make a link between
the management and the employees. The opinion of the senior employees in
the hierarchy of any organization should be valued. In the light of
their experience and professional expertise.
Mmanagement needs to foresee how to get the company
out of the unforeseen and unpleasant business situations.
It will be
having a twofold affect; firstly, it will be beneficial for the organization to take full advantage of the competency of its employees, secondly; the employees will feel valued and will be encouraged to contribute more towards the betterment of the organization.
By
Shailendra Chauhan, Dy. General Manager, POWERGRID
| 12 14 2010 05:59:38 +0000
|
Yes , all companies are facing hiring challenges, but I wont say all organizations are passing through difficult times. Some of the business models followed by the organisations are getting obsolete. For example cloud computing has a disruptive influence on the present offshore model followed by the Indian Software companies. In this age and time, a company has to be nimble and always have an eye on the market. It should also keep flexible strategies to mitigate the risk arising out the emerging technologies which may disrupt its business model.
By
Venkat C S, Consultant(Financial Services and Insurance), Infosys Technologies Ltd
| 12 18 2010 02:39:10 +0000
its well known that while problems come people start thinking more n more...as per my opinion this recession is too helpful for small as well as big company..they revised their management exercise keep in mind that if such situation come we should ready to face and defence them without losing anything
By
vinay kumar, Area operations mangager, ICICI Bank
| 12 16 2010 15:00:43 +0000
The banks are not reluctant. In fact they became more active now-a-days. If you have a good project, good management banks like SBI and AXIS are ready to finance. Fortunately, the global recession did not affect our banking sector's approach. I am speaking with practical experience (day in and day out, I am with the bankers)
By
Suryanarayan Murthy, Free lancer
| 12 15 2010 06:29:30 +0000
i AGREE WITH SUJATHA'S OBSERVATION
By
dulal kanti choudhury, manager(credit & operations), State Bank of India Group
| 12 14 2010 15:50:38 +0000
I agree with Sujatha - it all depends on your Credibility and being Innovative. If the basics are in place and you have the right strategy, you are bound to grow. And if you are growing banks are more than willing to lend.
By
Ravindra Patil, Director - Marketing, Ultraliant Infotech Pvt Ltd
| 12 14 2010 12:53:24 +0000
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