Management for Design
November - December 2012 Managing a downturn in work
Managing a downturn in work
M4D in the cloud What makes a great leader?
In our experience there are critical actions that enable businesses to effectively handle the challenges of a reduction in work. This requires leadership, clarity and decisiveness!
Business Management Insight Current business conditions Industry benchmarking
What are the lessons of previous downturn? Globalisation and increased competition is more prevalent There is less opportunity to trim operational expenditure Organisations have defined their core business more tightly It is becoming more difficult to operate as a medium size business 10 recommendations for executives and senior managers
1. Demonstrate leadership – know how and when to react. This is a time leaders need to be stronger and more focused than ever 2. Make sure you have effective and accurate forecasts of future workload –this includes potential work 3. Timely decision making and implementation to match the resourcing with projected workload 4. Rather than focusing on whom to let go, organisations should start by identifying who they need to keep
https://monkii.createsend.com/t/ViewEmail/r/30679F17D1A683C2/C67FD2F38AC4859C/[7/12/2012 4:17:11 PM]
