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Why consider a flexible workforce now?
Don Schmitz/Human Resource Staffing
With the right workforce contingency plan, large and small businesses
can maximize their investment in human capital, save money,
and gain market share at the expense of less nimble competition.
We all know “business as usual” will not be the
answer going forward. Flexibility is going to be key. Leaders
have learned the hard way once again that a full-time employment
is extremely costly and doesn’t provide them the opportunity
to make changes fast enough to take advantage of short term
profits.
Who would have predicted?
1. The Federal government with their very successful “Cash
for Clunkers Program” would have difficulty paying the
dealers on time?
2. Brett Favre would be wearing a purple number 4 Jersey in
2009 and a limited supply of t-shirts?
3. The need for cell phones to have keyboards to access popular
social network sites and text message?
These are all examples of the need for a flexible changing workforce.
Long term workforce plans could never have predicted these needs
and as a result lost out on huge $’s necessary to show
profit in recessionary times.
Large companies are especially guilty of not being able to feed
the growing segments of our company’s profit centers.
They waited too long to reduce their workforce and now can’t
take advantage of the best labor market in many years. Companies,
that can make quick changes will maximize on this short window
of opportunity.
As I’ve written before, these are unprecedented times.
Most of us have never lived when a national unemployment was
above 10% and more companies showing red ink than not.
New workforce contingency plans are changing to include a more
flexible workforce. Companies that can take advantage of the
premium talent available will not only discover they will pay
less, but will gain a big advantage on their competition when
the economy begins to soar. Not only will they find the best
flexible talent available in years, but they will have “proven
performers” they can bring on staff when the dollars again
begin to flow.
Back to the library
Reproduction
of this article cannot be accomplished without the expressed
consent of Human Resource Staffing. Don Schmitz is a popular
speaker and writer on all aspects of HR and CEO of Human Resource
Staffing. Don holds graduate degrees in Education, Administration
and Human Development.
Contact Don@HumanResourceStaffingInc.com
952 854 6040
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