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KM Investigates: Human Resource's Role in a Turbulent Economy
“Our economy faces unprecedented challenges, so we are responding with unprecedented action.” said President Bush in a September 19 address to our nation. Every day we hear on the news or read online or in the paper that something new is going down in our economy. Within the past three weeks alone we have watched our financial market tailspin. Lehman Brothers filed for bankruptcy, the U.S. gover....more |
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Author: Katherine Mehr Tags: economy | culture | enagement |
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Using Service Scorecards: An Interview with Authors Rajesh Tyagi and Praveen Gupta
There is no better tool than a Balanced Scorecard to determine if a vision for an organization is becoming a reality. And as explained by Rajesh Tyagi and Praveen Gupta in their book A Complete and Balanced Service Scorecard: Creating Value Through Sustained Performance Improvement (FT Press 2008), a Scorecard is particularly useful in the service industry. e-BIM talks with Tyagi and Gupta about the ways al....more |
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Author: Rajesh Tyagi and Praveen Gupta Tags: A Complete and Balanced Service Scorecard | service scorecard | performance improvement |
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Talent Management Outsourcing: A Win or Loss?
As a new grandfather and an executive consultant, the recall several months ago of toys made in China hit me on several levels. Mattel was not alone in being blindsided by the shoddy practices of its overseas suppliers.? We live in a globalized economy, and many companies have made the decision to outsource the production of even their most distinctive products. But what does this say about how those c....more |
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Author: David S. Cohen, Ed.D. Tags: outsource | brands | ROI |
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Human Resources IQ Miniseries: The Upside of a Downturn: How Smart “Investors” Find Bargains During a Business Slowdown
Part 1 of 3 The Engagement Cycle A slowing economy has tangible burdens as employers become cautious in hiring (or even layoff workers). More subtle and insidious is the way even a gentle slowdown in consumption can trigger a well-known vicious cycle: Lower corporate revenues lead to job insecurity, which causes consumers to tighten spending, which hurts revenues, which causes more corporate belt-tighteni....more |
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Author: Jesse Harriott, Ph.D and Doug Hardy Tags: Doug Hardy | slowdown | Monster.com |
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People: The Floating Device During Wavy Economic Times
While the economy is in a recession and companies are making budget cuts to training and other functions within HR, Replacements, Ltd. continues to keep its company afloat by focusing on its main source of success—its people. “If you treat employees right, they will bring your vision to life,” said Scott Fleming, president of the dinnerware retailer Replacements, Ltd. This is ....more |
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Author: Katherine Mehr Tags: economy | training | new hire |
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Riding the Waves During the Recession: An Interview with Authors Gregory Shea and Robert Gunther
Face it: In today’s economy, whether you’re in an entry-level position or upper management, no job is secure. You can easily drown in the uncertainty. Luckily, Gregory Shea and Robert Gunther, authors of Your Job Survival Guide: A Manuel for Thriving in Change (FT Press, 2008) are here to give us some helpful hints about keeping afloat during the recession.Why is this issue so important for you?....more |
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Author: Gregory Shea and Robert Gunther Tags: recession | upper management | executives |
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KM Investigates: An Academic's View on the Current Economic Crisis
It’s not news that the U.S. economy is taking a nose-dive. We are continuously seeing this with the buy-outs and M&As of some of our largest banks and investment companies. The government and the Bush administration passed their $700 billion bailout plan after two tries—the first of which was voted down by pollsters on September 29. And what we watched just hours later after the first reject....more |
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Author: Katherine Mehr Tags: dow | recovery | economy |
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Leading for Peak Performance in an Economic Crisis
Change is assaulting leaders from all angles, driven externally and internally. The environment is uncertain, budgets are being slashed, orders put on hold, positions placed in jeopardy.Looking through the lens of history, we can assume this economic downturn will turn around. Investing in your business now while your competition is circling the wagons and slashing its way to greatness is akin to selling st....more |
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Author: Mimi Bacilek Tags: empowerment | leader | engage |
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KM Investigates: The Strategic Human Resources Approach for a Global Corporation
A Closer Look at the Oil and Gas Industry The global economy is currently facing critical challenges regarding talent management. The baby boomer mass retirement has created larger gaps in organizations, and the downturn of the financial market over the past few weeks has taken a large toll on the performance and productivity of many companies. The demand for oil and gas has been promising; how....more |
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Author: Katherine Mehr Tags: human resources | strategy | economy |
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