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Posts Tagged ‘economy’

Hallelujah! Learning takes an upturn in a downturn

Posted by Louise Barnfield on February 25, 2009

At last, they’ve seen the light!

Too often talent management, and in particular learning and development, has taken a backseat during financial downturns. Too many companies have shortsightedly used cutbacks in those areas as a quick economic fix, only to deal with the consequences later, when overtaken by more farsighted competitors who were ready to respond as soon as the economy picked up.

However, there’s evidence of a different approach this time.

From TM Magazine comes a press release from Chief Learning Officer announcing their annual 2009 Business Intelligence Industry Report, which indicates increased support from C-level execs, 83 per cent of whom “said they believe the learning organization will play a significant role in the response to the economic situation“.

Let’s hope the survey results are current enough to reflect this positive attitude accurately.

Posted in hr, Uncategorized | Tagged: , , | 2 Comments »

Down and out on Wall Street … how can HR benefit?

Posted by Amy Wilson on November 26, 2008

I was hoping that Ann’s lovely post would provide me with Thanksgiving inspiration today, but no, it was Jessica’s exploiting the current economy post that sparked my creativity. So, here goes:

As Jessica points out, there are a lot of smart, talented people that are or will be out of work soon. True, it would be nice to hook them up to your critical jobs and all that. But how about acting selfishly for once? Why not bring them into HR?

Let’s consider the talent profile of a newly out-of-work Bear Stearns, Fannie Mae, WaMu, (insert bank name here) employee:

  • Ambitious, results-oriented
  • Good with numbers and managing to metrics
  • MBA and/or terrific business acumen
  • And, if they’re gen y, may even “want to make a difference”

Sound familiar? This is a close match to the success profile HR needs to turn the corner. Get analytical, business-oriented people into HR. Tie Talent to Finance. Get respect from the business.

Prepare your job req today and brace yourself for the invention of sub-prime talent lending.

Posted in Uncategorized | Tagged: , | 2 Comments »