How an organization manages employee layoffs, downsizing, terminations and reassignments is a cornerstone of its human capital strategy. Everyone can accept that the relationship between an organization and its employees is just that, a relationship. Like all other relationships, it can and will change over time. Sometimes the change is sudden and other times, it is the product of evolution—companies are acquired, market conditions shift, people’s personal motivations change, the business evolves and sometimes it was just a bad match from the beginning. Regardless of the circumstances, what you need to know is that when it is necessary to change the relationship, you’re other employees, your customers and suppliers will be paying very close attention to how the change is managed. Expert guidance from experienced strategic consultants is essential to a smooth transition for the company and its human capital.
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