Nowadays whenever we speak up on any topic, we all try to relate it to the downturn. Even if it hardly matters or not, it is still blamed. But under this topic, it definitely does decide as to who will survive in the organization and the industry at large.
Pooling of best talent in the organization is the best practice and attraction. A company is made by the members who form the essential part in its growth and development. Talented members are not only those who have knowledge, but during these times are those people who can creatively bring in innovation and differentiate it from the competitors and rivals. As the cliche, its not just the hard work that is needed but the smart work. In this recession, the most effective role to develop this talent would be by the team leaders.
As read from an article, Dave Ulrich says, Leaders who use this recession wisely to build employee capability and productivity will benefit from it when good times return. A careful analysis to be done on who would stay in the organization and who should leave. Also those who stay, do not have the 'survivor syndrome' feeling, wherein he/she feels being punished for having stayed.
The talent in the organization is not only seen to give incentives and bonus, but to a more important decision on succession planning. Hence the effort come not only from one side, but both the ways. With the entry of Gen X into various organizations like Wipro, HCl etc a revolution into the new talent will be showcased too. Thus as times change it is necessary to get equipped with the culture and learning too.
"Be ahead to stay ahead"
Wednesday, July 15, 2009
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