In response to the COVID-19 pandemic and current economic crisis, organizations worked quickly to implement cost-reduction initiatives. Now, faced with a prolonged economic recession, longer-term solutions are needed to help companies navigate this challenging environment.
This session will provide practical advice to help you position your organization for what comes next. Our speakers will address how to:
- Develop the right career framework to enhance employee engagement, increase operational efficiencies, and mitigate risk
- Analyze your current labor costs, identify areas of opportunity, and optimize work structures using an organizational assessment
- Use a data-driven perspective to navigate an emotional conversation
- Assess cost containment strategies, such as severance, furloughs, wage cuts, early retirement programs, and more