Build your professional network on facebook via our app Go to app
 
<< Prev  2 of 7 in Topic  Next >>
Associated with other topics :
 
Started by : Rohit Khanna, Project Leader/Managing Consultant, Accenture   12 17 2008 09:33:01 +0000
Industry : Management & Strategy ConsultingFunctional Area : Organizational Development(People Management)
Activity:  294 views;  last activity : 07 06 2010 20:18:09 +0000

When a downturn occurs, the organizations have to suffer heavy losses and bear the brunt of slow revenue generation. Numerous causes can be attributed to the economic downturn and one of which affects the business is lack of skilled manpower. Other reasons could be the increasing population, lack of food supply, climatic condition, entry of substitutes, inapt investments and technological changes. All of this may ultimately affect the morale of the employees which should be a concern to every organization. Also, the decline in growth and decrease in profits certainly calls for certain top-of-the-line strategies to make adjustments to serve organizational needs. Managing the teams or human capital at this juncture is a Herculean task. So, What a manager should devise strategies in order to manage teams during downturns.

 
 Refer 32
Share
 
 
  Rate : 
 
 
 
 
  10 2 2 2 1
 
 
 
 
 
 
 
 
 
 
 
 
 
1 2 3 4 5
1 Motivate them, introduce contests and can even interchange their departments according to their abilities.
2 Innovate
3 Employee Rotation
4 Lean management
5 Enhance Capabilities
6 Be Transparent
7 Recognition + Delegation = Management Success...!!!
8 utilize the time to improve employee skills, grab opportunity
9 Bring Transparency, improve communication and motivate
10 Motivate the Employees
11 Offer Challenging Opportunities
12 Hold Special Meetings
13 Get Involved
14 B V Krishnamurthy Director & Professor, Alliance
15 Plan for skill enhancement

Motivate them, introduce contests and can even interchange their departments according to their abilities.

idea posted by Rohini Kaushal HR Executive, Etech, Inc pvt ltd

In order to retain employees we can motivate them by different ways and we can have different contests: - small small contest like if somebody achieves the target by this time (give them a time limit) he will get some gift. By this we can encourage our employees to work hard and to be competitive.

And other solution is we can shift them into other department if see the person is loosing interest or not getting enough motivated in any particular department. In that case if we found him suitable for other department so by giving him required training we can retain him.

Regards,

 

10
1
  
by Samiulla Khan, Sales Engineer, NAIZAK GLOBAL  | 09 08 2009 09:10:12 +0000

I do Agree with ROHINI, but it need not work always. 

To Achive what we call targets the important thing required is interaction among the people associated. an healty atmosphere leads to healthy business.

every body is clever enough to understand companies policy of luring its employees.

1
  

Words of kindness can do wonders... This is only recession and not the end of the world.... We will be back!!

2
  
by !manpreet $ingh, Management Trainee, PageTraffic  | 03 20 2009 15:16:54 +0000

Very nice ideas by rohini kaushal...this may help out employer to take as much as productive responses from the eomplyee in such situation....

Add your argument:

Innovate

idea posted by Dipankar Chattaraj Senior Executive - Ad Marketing & Circulation, ABP Pvt Ltd.

Tough times provides oppurtunities for innovation in terms of revenue generation,operational efficiency enhancement and risk management.

Therefore innovation is key to emerge as a leader with long term benefits in times of recession.

2
0
  
by Yash Singh, Coresspondent, Star  | 04 09 2009 05:41:26 +0000

Mr.Dipankar i definitely agree with you.In tough times like these a leader is one who takes his colleagues or employees with him and support them in every situation.And the best way he can choose to do that is by innovating new ways to make them sure that company is taking care of them and then they will feel more mortivated to give their 100%.so building the trust and taking them along with a innovative approach is the key.what do you say?

Add your argument:

Employee Rotation

idea posted by Mayank Srivastava Head/VP/GM-Tech. Support, Indiabulls Infrastructure

We had tried out this model earlier. Excess Employees form a group of 1/3 of total strength.

This excess group gets paid 1/3 salary and are rotated.This rotation can be monthly or quarterly 

2
No supporting Arguments for this idea
Add your argument:

Lean management

idea posted by Nitin M Aras Head/VP/GM-Tech. Support, ODTIN Food Solutions Pvt Ltd

During economic downturn, mostly lack of orders, will give us an opprotunity to work hard and honestly to improve our actions. Normally emplyees feel insecure and obviously non acting, because management does not allocate any specific job to them. Emplyees are being focussed by management and skill level of individuals get evaluated. Based on evaluation so called (during good time these were the assets) unwanted/nonperformer employees get eliminated.

Manager has to look after individual strength rather than weakness, detail study of his domain, honestly identify the opportunities for improvement in his work area, and allocate the job to all subordinates/collegues based on their strength and show importance of entire workforce to management. In other words, manager should utilize the manpower in eliminating the weaknesses. 

2
No supporting Arguments for this idea
Add your argument:

Enhance Capabilities

idea posted by KANNAN SUBBIAH Director Operations

Plan for one or more of the following, which will enhance the capabilities of the resource and in turn the organization.

1. Refactor the code in the Re-usable code repository of the organization, so that it is tuned in line with the latest architectural / technology changes as adopted in the latest projects.

2. Enagage the resources in code reviews, may be form an Independent Review Board, the members of which can be called upon to do a code review or such other technical and functional reviews. Rotate the members on this board, so that the reviewers will practice the standards, when they go back to the projects.

3. Take up research tasks, so that the research outcomes can be applied of in the subsequent projects.

1
No supporting Arguments for this idea
Add your argument:

Be Transparent

idea posted by Darpan Sinha Tech Architect, Royal Bank of Scotland

Instead of hiding the facts should be revealed so that instead of rumors spreading arround every one have the clarity of whats going and why ...

1
No supporting Arguments for this idea
Add your argument:

Recognition + Delegation = Management Success...!!!

idea posted by M NITIN SHENOY, PMP, IPMA-D, CEng MICE Manager

RECOGNIZING people at work by giving due consideration for their SKILLS and TALENT is among the High Rated Motivating Factors at work as per Literature and also in Pactice..

DELEGATION of Works results in TRANSFER of OWNERSHIP & ACCOUNTABILITY of the TASKS to the ASSIGNEE, thus enhancing his EFFECTIVENESS of producing RESULTS.

But point to be kept in MIND is that a GOOD LEADER by DELEGATING works doesn't escape from his RESPONSIBILITY on the OUTCOME of his TEAM MEMBER'S performance..

Keeping above points in view ..

RECOGNITION + DELEGATION =  MANAGEMENT SUCCESS...!!

1
No supporting Arguments for this idea
Add your argument:

utilize the time to improve employee skills, grab opportunity

idea posted by Devinder Head/VP/GM-Sales, Hw

Recession is time when work load is supposed to be less, skills can be transferred as ample amount of time is available with skilled workforce to transfer the skills. Also one shall grab this opportunity to get the best out of an employee as employee shall also be one step ahead to give his best in the tough times. (this holds especially valid when team is sales team)

1
No supporting Arguments for this idea
Add your argument:

Bring Transparency, improve communication and motivate

idea posted by Anirban Bhattacharya Software Architect, Novartis Healthcare Pvt Ltd

An employee never wants to change job unless he is provoked. Yes, it is true. Provokation can be in terms of less pay, opportunity, conflicts etc. In the period of recession you may need to curtail things, you may need to be strict. But if all these comes as an order the employee gets upset and demotivated. Employee is one of the stake holders and you need to communicate that he is part of the family and how he can contribute for this diffcult period. They will readily sacrifice if the commuinication is proper.

1
No supporting Arguments for this idea
Add your argument:

Motivate the Employees

idea posted by Rohit Khanna Project Leader/Managing Consultant, Accenture
I could say the key to managing and retaining the employees during downturn is motivation. Apart from the special meetings being conducted, a manager should regularly be attending to their problems and constantly trigger the employees to have good mood.
0
No supporting Arguments for this idea
Add your argument:

Offer Challenging Opportunities

idea posted by Anil Kumar Singh Senior Consultant, GKC
If you offer your teams the challenging assignments, they spirits will be lifted and they will manage to survive even in bad times.
0
No supporting Arguments for this idea
Add your argument:

Hold Special Meetings

idea posted by Jagbir Singh Senior Consultant, Ernst & Young
I think during this unsafe situation, the organization’s top most head or CEO should brief the meeting where the main subject should be the employees and their concern. If the head of any organization feels confidant, the whole organization feels confidant. Alternatively, middle-level managers and senior managers can conduct private meetings where they can console their subordinates. Also, give your workforce to ask questions and express their feelings regarding the business insecurity...
0
No supporting Arguments for this idea
Add your argument:

Get Involved

idea posted by Sunil Kumar Head - Engineering, Bigflicks Pvt. Ltd.

When times are tough it is a mix of many things which can help in getting the flock together.

In rough weather the team has to identify the manager as a co-passenger of the same boat. Remember a captain of the ship is also a fellow traveler. The manager should be identified as a fellow team member. Once this is achieved, one needs to be transparent and gain confidence.

Work wise, other bits hold true even when the going is smooth. Give challenging assignments, rotate the team. Give them enough opportunities to excel. All these points will give them faith of getting more recognition when the times change.

 

0
No supporting Arguments for this idea
Add your argument:

B V Krishnamurthy Director & Professor, Alliance

idea posted by B V Krishnamurthy Consultant
A recession may yet be the best time to invest in people. During normal times, professional development takes a back seat due to business pressures. Yet, a number of empirical studies have shown that the real differentiating factor between the great organizations and the also rans is human productivity. Training people on skills they may be lacking, by introducing an environment of innovation (where honest mistakes are tolerated), by adopting TQM principles and inculcating a service orientation throughout the organization, may pay rich dividends when normalcy returns. This is not for the traditional, conservative types. It requires courage, confidence and a faith that bad times are not going to last for ever. Invest in people during a recession, and see the difference.
0
No supporting Arguments for this idea
Add your argument:

Plan for skill enhancement

idea posted by KANNAN SUBBIAH Director Operations
An idle resource in the organization can play devils game and spoil the other resources. So, keep the resource busy. Consider the following tasks will be useful to the organization in the long run. 1. Take out pieces of code within existing product / project and let the team do an individual review (you may even award the best reviewer) 2. Form a Review Board, who can be engaged by all the project managers for code reviews and such other functional / technical reviews (The reviewer, when he goes back to the project team can be expected to practice what he has been looking for in the reviews). 3. Identify research tasks and assign it to small group of teams. May be different groups may do the reasearch on the same subject and the best research output will go into the repository for later adaptation and re-use. 4. Review the code-repository, so as to refactor the existing re-usable components in line with the latest technology and tools being used for different projects.
0
No supporting Arguments for this idea
Add your argument:

Add your Idea
Idea* : 
Add your argument:
edit in rich text ...
Could not find any idea interesting in: "What should a manager do to manage teams or workforce During Recession?" ? Click here to add a new idea...

Found the idea contest "What should a manager do to manage teams or workforce During Recession?"  interesting ?  Click here to refer to your connections and communities
Leading recruitment Firm
Emplaceindia is a multi-speciality company with its focus on the services sector. The company offers a variety of essential services to large corporates, organisations and institutions for whom it makes far greater business sense to outsource specialized services. This is better than to burden......
Viewers also viewed
The subject should be rather in form of a statement. A bold statement . Yes!! Yes!! When you get...
 
1386 referals 8 comments, 104 views
All other industry seems to be in recession other than Telecom Industry. Do you agree that...
 
2 referals 54 arguments, 3656 views
why company make percentage criteria during the placement.Many time we have seen a student which...
 
0 referals 10 arguments, 1057 views
more...  
Recent Knowledge (3)
When we are watching news channels or any other channel or reading news papers you bump upon...
 
2022 referals 11 votes, 200 views
we all know the perils of talking on cell phones while driving. besides being hazourdous to...
 
290 referals 2 votes, 36 views
more...  
More From Author
Mr. Karthik......please send them a private message than posting it on toostep directly which is a personal message which you have asked to the concerned person.
This totally looks like a debate..but why have you posted it as an Idea contest Ms. Anuradha.....It would have done great if you had created this as a debate than Idea contest...as there is nothing to give Ideas under this post..........
Dear Prodosh...I hope you wanted to put your comment in an Idea contest stated same, but for some reason you have created this debate unknowingly....so plz put your comment in that Idea contest.
more...