Downsizing Organizations
R.I.F. - In business, we know this acronym stands for 'Reduction in Force'.
At FuturesQuest, we prefer to call it 'Optimizing', strategically evaluating and consolidating your resources to conserve capital and achieve maximum efficiency.
The truth is, employees usually experience a R.I.F. or layoffs bitterly and often leave the organization with very negative feelings, which becomes negative public relations. As consultants who have managed many layoff processes, we know that 'Optimizing' can be done in a manner which leaves all employees, those who leave and those who remain, with positive feelings.
Our Advisors will guide you through an 'Optimization' process in which we:
- Strategically analyze budgetary demands vs. headcount needs
- Project into the future and consider when you may need to rehire
- Based on this information, make decisions about expendable positions and do a human capital analysis of employee resources you choose to layoff
- Use creative methods to involve employees in the layoff decision making process which both prepares them and makes the process seem more fair
- Develop severance packages and resources that are affordable and attractive to the affected employees
- Craft a communications strategy for delivering the news of 'optimizing'
- Provide resources or a workshop for employees who remain and often become demoralized or quit after co-workers are laid off
- Develop initiatives for raising employee morale and providing focus on goals
At FuturesQuest, we know that your organization will experience increased goodwill, productivity, and morale as a result of your well thought out 'optimization' plan.
Protect the Investment in your Human Capital
|