Reducing The Risk Of Talent Wastage During Organizational Makeover

For most organizations feeling the need to cut own the number of their employees, efficient talent management can prove to be a major challenge. Their inability to proactively manage the workforce not only increases the risk of losing in-house talent and valuable resources but also the trust and morale of the employees they might have fought hard to win. However, as the outplacement professionals in China are often informed by their clients, the pressures of limited time along with the need to cut costs and bridging crucial talent gaps, often makes organizations to adapt a reactive approach towards doing things. While they might provide the help and support to their outgoing employees through career transition coaching in China, it might just not be enough to cover the damage.

When faced with such situation, a leading interim executive search firm in China advices its clients to use the principle of four R’s to manage workforce change. These three R’s are identified as redeployment, retraining and resourcing. Each of these factors is explained in brief as follows.

Reducing The Risk Of Talent Wastage During Organizational Makeover