Article: People are not beans

premium#Rightsizing The Workforce

People are not beans

Layoffs are a signal of management failure and, in particular, of the people planning and management processes of the company
People are not beans
 

Most layoffs follow a LIFO order which deprives the organization of its youngest and most energetic talent while leaving the most expensive and exhausted people behind

 

The HR should generate retraining and redeployment capabilities for avoiding retrenchments

 
How many CEOs have you heard comparing their employees to a large, happy family? How many families do you know that turn their children out of the door when times are bad? I know the step-mother of Hansel and Gretel did precisely that but I suspect she is not the rolemodel for most contemporary CEOs. Yet sacking (let’s not use doublespeak like 'rightsizing' for it) large numbers of employees is considered a major qualification for CEOs. Some CEOs think the family analogy is misleading (see "Your Company Is Not a Family" by Hoffman, Casnocha and Yeh in the June 17, 2014, issue of HBR) yet rare is the CEO or CHRO who doesn’t proclaim, through glossy brochures and glossier web-sites, that employees are the firm’s most precious assets. Isn’t it a bit wrong-headed – if not an outright betrayal of these claims – to be lopping off and discarding huge chunks of the corporation’s most valuable asset, even if it is to the applause of the stock markets?&...

Topics: Rightsizing The Workforce, Talent Management

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In the next three years, 120 million jobs in the world’s 10 largest economies will need retraining or re-skilling. To adapt to this new environment and help shape it, employees need to embrace continuous learning. Amid these changes, HR needs to not think, act, or be like traditional HR; they need to understand their job is now “human transformation”. In this issue, we will focus on what HR leaders and organizations need to consider today to prepare for tomorrow.

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