During a turnaround, the HR is expected to lead from the front and stay proactive in its dealings with the employees.
The crisis is to ensure the ship (organisation) revives from near-drowning and starts floating smoothly. Any change management is important to set the agenda for change, take the employee onboard and ensure that they understand the importance of change. It is imperative that they gain commitment to delivery, execute effectively, and monitor and communicate progress regularly. Even small achievements need to be celebrated, since that will make sure that employees are engaged and motivated.
The best strategy to be applied during times of change by an organisation is to identify its top performers. It should ensure that the best employees and high-potentials are retained, as trying to retain all employees will not be successful.
Therefore, the onus is on HR to come up with the best plan of action to attain this goal successfully. Read more..
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