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Catch Tim on Fox19's morning show, March 10, 2009, at 7:50am. |
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Hello Friends,
I
wish you many blessings in the midst of our uncertain
marketplace. I hope you are healthy and continually preparing
yourself mentally and physically to handle the important challenges
your organization is facing today.
Human
Resources leadership in organizations going through a crisis is always
a challenge. Management seeks HR's ability to help manage
difficult communications, retain essential talent and maintain
morale. This newsletter contains a case study from an HR leader
whose company was going through a major crisis, comments from a leading
HR search consultant, and other articles discussing the challenges to
HR. It is during these challenges that HR really brings its
expertise to the fore.
I hope the information will help!
See you soon!
Sincerely,
Tim
Timothy H. Schoonover
OI Partners Promark Company |
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Leadership in Troubled Times: Don't Waste the Crisis
The current domestic and
global economic crisis has everyone worried, especially employees who
may be unsure of their job security. They want to help correct
the situation and are willing to modify the work or the culture.
Develop a strong business plan, manage the plan aggressively, and
encourage employee involvement. Let the employees help maximize the
performance of the organization. |
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Managing Human Capital in Turbulent Times: A Case Study from an HR Survivor
In 2005, a jury rendered a
devastating verdict in a patent lawsuit that forced Boston
Communications Group, Inc. (bcgi) to face potential bankruptcy.
Employee faces-from the top down-were stunned, frightened and filled
with uncertainty. Today, companies facing severe economic
challenges are in a very similar situation, but for different
reasons. Here's a look into how bcgi managed through a turbulent
time. |
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Is the Leadership in Your Company in a Downturn Alongside the World Economy?
In the face of the emerging
economic crisis, business leaders must remember that any solution for
surviving a crisis must include their employees. Although the
crisis eventually will pass, people's memories about the way they were
treated during tough times can impact a business forever. Leaders
must inspire, motivate and reassure employees so they feel that they
are in this together. |
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Corporate Communications: Its Importance During an Economic Crisis
Corporate
Communications have evolved over years and so have their potential and
objective. The primary goal remains the same - communicating
information to employees, stockholders, media and customers.
Anticipating the uproar and acting accordingly is the key to
managing a crisis well. With a proper crisis management framework
in place, an organization can turn a crisis into an advantage.
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