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Delegates to a London conference were urged to start the long game of wooing post-recession stars
September 08, 2009
Unemployment continues to rise as economists debate when the job market will start to improve. But companies that wait until the upturn is in full swing to adjust their staffing could find themselves at a disadvantage, according to executives at a London conference.
Succession planning involves much more than filling in boxes on an organizational chart. If it’s done right -- that is, scientifically and systematically -- it creates a pool of leadership talent that can drive an organization, engage employees, and increase shareholder value.
Amid this economic crisis, severe budget cutting is inevitable and has already begun in many organizations. But when it comes to figuring out where to make those cuts, think long and hard before you act. According to three top Gallup management experts, when the going gets tough, high-performing companies actually double down their investments in people.
By aspiring to leave a positive legacy, T.G.I. Friday's manager Dennis Greer took a restaurant his company wanted to close and made it the most profitable in his region. Along the way, he changed some people's lives for the better. Greer's successful management makes for a turnaround story of the most inspiring kind.
