Workforce Planning – adding value beyond numbers.
During the ‘Strategic inflection point’ as described by Andy Grove, (Intel, - book “Only the paranoid survive”) an organization is tempted to opt for either layoff or restructuring as a strategic choice to improve immediate performance. This sounds as an appropriate option considering it's visible & instant results. As Drucker suggests, the key activity that’s required in the course of transforming an organization is a wholesale shifting of resources from what was appropriate for the old idea of the business to what is appropriate for the new. And as stated by Grove, “Your best people—their knowledge, skills and expertise—are an equally important resource .” [ Tweet this ] He further says, “it doesn’t take much self-confidence to downsize a company—after all, how can you go wrong by shuttering factories and laying people off if the benefits of such actions are going to show up in tomorrow’s bottom line and will be applauded by the financial community?”...
