Human Resources After Recession


Luke - Posted on 09 July 2009

The current recession will push Human Resources to become even more business oriented than before. The age of the general and widespread prosperity is over and the competition among organizations and even nations will become tougher than ever.

The recession will make many people unemployed, but on the other hand the organization will be pushed even more to find the best talents and to grow the new leaders inside their own organization, cheaply.

The recession will push the change in Human Resources. The HR will not be the department playing the role of the social security department, but it will become a strong performance efficiency player in the organization.

  1. The employees in HR will have to change themselves as they can provide the value added to the leaders of the organization:
    Financial Analysis will become a necessity in Human Resources. Each initiative of the business will have to be properly evaluated in HR and the HR Professionals will have to issue their own statement on the return of investment.
  2. The HR Professionals will have to find the opportunities to make the business more profitable every day. The HR Managers will have to gain the power to show the areas for the improvement at their internal clients. This will be painful, but it will become the necessity.
  3. The HR Employees will have to rotate through the business function to become real experts in the business daily practice. Without the knowledge of the products, the sales and operations processes, the HR Employees will not be useful for the leaders as no trust to their solutions will be built.

The recession is one of the biggest opportunities for Human Resources ever. As the organizations will be smaller and more efficient in future, the HR Professionals can act as the real change agents in organizations promoting new approaches in the area of the people management.

Search