Workforce Planning

HR and the cycles of economy

The economy and also the HR function is working in cycles. The art of workforce planning is to navigate the organizations in a sustainable way through the cycles. While in some situations restructuring is an important tool to adjust the organization to the new environment. Acting anti-cyclical can - when done with a long-term vision - enable the organization to emerge stronger out of economic cycles.

Acting Anti-Cyclical to outperform competition

In times of economic expansion, the job market is candidate driven. Everyone looks for talent. Hiring becomes more expensive. In the time of recession, you may be able to hire top talents at much lower cost. Talents hired during recession will be greatful for the opportunity and much better to retain on the long run.