Oi Partners, Inc.

a better human experience - for a better business outcome.

Cost-Effective Talent Management Solutions for a Tough Economy

April 2009

 

In this issue:

 

Tim Schoonover

OI Partners Promark Company

President and CEO

513 768-6506

schoonover@promarkoi.com

OI Partners Promark Company requests your participation in a brief human resource issues survey that follows. We will publish results in the next newsletter. If you would like an advance copy of the results, contact us at  lrothe@oipartners.net or copy and paste "Please send me an advance copy of the survey results" in the box below. Thank you!


1. When the economy improves, is your organization planning to rehire any employees it has recently displaced for nonperformance reasons?
Yes
No
Not sure



2. In the past, has your organization rehired employees it displaced fo nonperformance reasons?
Frequently
Occasionally
Rarely
Never

3. Has your organization's attitude toward rehiring employees it displaced for nonperformance reasons changed in the past 5 years?
Yes
No
Don't know


4. Why would your organiztion rehire employees it has displaced? Choose all responses that apply.
Their skills and abilities are known to us
They fit into our culture and environment
It would be less risky than hiring new employees
There is a shortage of good management employees
There is a shortage of good specialty area experts

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  Cost-Effective Talent Management Solutions for a Tough Economy

April 2009

Dear Friends,

In this market, decision makers can benefit from support in both career transition and talent development more than ever. You may currently be looking at reducing headcount or strengthening your talent bench to weather these tough times. In this month's newsletter, we offer several valuable articles that demonstrate ways to reduce expenses and and maximize the productivity of your talent.

Thank you for your interest,

 

Tim

Timothy H. Schoonover,

 

OI Partners Promark Company

Cincinnati, Columbus, Dayton, Northern Kentucky

Group Outplacement

Group Outplacement:  How It Can Cost You Nothing


For those who view outplacement--particularly group outplacement--as "high cost," envision the possibility that using group outplacement services could return money and perhaps even cost the company nothing. This short case study showcases how.

Navigating the New Talent Management Landscape


In a down economy, even the most seasoned executives and savviest hiring managers are known to default to knee-jerk, short-term cost-cutting measures, rather than long-term talent management strategies. Here are 5 ways your organization can capitalize on the unique opportunities that this economy has to offer.

Challenging the Leadership Bench in Tough Times


Organizations are faced with constant challenges ranging from job cuts to budget cuts to major changes in structure and delivery. One of the best things you can do to maintain the leadership pool in tough times is to use your company leaders above and beyond their current responsibilities. If the leadership pool is challenged with solving problems, especially with low or no budget, their training will continue.

Role of HR in Navigating the Economic Downturn

Role of HR in Navigating the Economic Downturn


In an economic downturn, many HR pros immediately ban all recruitment, cut down on every training activity and much more. Though this may be the most common approach, does that also mean it's the most appropriate? Here are 10 tips for how HR can effectively respond in such times.

10 No-Cost Ways to Recognize Employees


One of the first places you will be asked to curtail expenses often affects the very people who keep your business going--employees. The manager who can balance the bottom line and effectively keep morale up will weather economic highs and lows well. Here are 10 no-cost ways to recognize employees.