With the latest Federal employment report just in, The U.S. is inching it's way toward 9% unemployment and 6 million jobs lost since November 2007. And while Fed Chairman Bernanke says that we should see improvement in the economy by the end of this year, he also said that job losses will continue. Estimates have the U.S. inching past 10% unemployment by the end of 2009.
Business is down, but most business leaders plan to lead a recovery that is powered by improved employee productivity coming from increased use of technology, collaboration solutions, training, and talent management tools. I've spoken with several business leaders who are expecting revenues in calendar 2009 to be flat to modestly higher than 2008; this after they've laid off 6-10% of their workforce. This mandate for increased employee productivity has proved to be a boon for solutions vendors selling web conferencing & collaboration solutions, teleworking solutions, and training & talent management solutions.
As we all know, in a recession, people managers are tested. Employees are disillusioned, demotivated, and scared. One strategy to ensuring your employees stay engaged and committed, is to invest in your people and their professional development. So, how do you do this in a tough economy with increasingly slim budgets?
You buy training and talent management solutions "on-demand" from companies such as Taleo, SuccessFactors, or Cisco/WebEx.
Some good perspectives on Taleo's blogsite
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment