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Retention and Talent Management following a downturn
Following fairly severe economic slowdown across global
economies, cost reduction efforts naturally took centre stage as
organisations s
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ARE WE THERE
YET?
How much self belief and
business confidence has been bruised over the past twelve months?
For many people the answer would be considerable….so many others
would say they have continued to perform ahead of expectations (and
hopefully ahead of Budget) by being disciplined, working harder and
maybe making a few changes to reduce overheads.
Business confidence is a
funny thing. Some wake up one morning and find it has
returned….others need to be convinced that it has returned for
everyone else before their own real confidence is back. When I say
‘real confidence’, I mean the confidence to again invest in the
future with capital investment or reemployment of key
staff.
In the recruitment
industry, we are starting to see some signs of ‘real confidence’
….I think! I wish I could accurately predict the time when this
will happen across all sectors…it would be nice to see that by
early 2010 – tomorrow would be even better!
There are certainly some
very good things happening around us…and not just with the Stock
Exchange and Real Estate prices. The football season is over –
unquestionably the right teams won. We are getting some rain in the
right places with more expected. These are indeed positive and
encouraging indicators…and I am talking to more clients these days
who have even surprised themselves with the strength of their
performance over the past six months.
Business confidence does
not return easily but it is an infectious thing…when it does
return, it will do so in a major way. Are we there yet? Probably
not…but the more progressive businesses are starting to prepare for
a more positive environment. Back
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