How should HR strategically manage talent during a significant organizational restructuring?
- Focus on retaining and upskilling current employees
- Implement mass layoffs to streamline operations
- Reassign employees to new roles without considering their preferences
- Rely on external hiring to bring in fresh perspectives
During organizational restructuring, HR should strategically focus on retaining and upskilling current employees. This approach fosters loyalty, maintains institutional knowledge, and contributes to long-term organizational success.
Loading...
Related Quiz
- In a scenario where a high volume of applicants is expected, which sourcing strategy would be most efficient?
- What is a key factor to consider when choosing technology platforms for e-learning?
- Faced with a high attrition rate, which recruitment metric would you prioritize to address this issue?
- What is the primary purpose of regulatory compliance in compensation?
- What is the primary function of payroll management in an organization?