We need to understand the scenario of RECESSION.....
Now in this critical situation how to face the recession is more important question for the existance of Company and survival of employee....
As we are working as HRians we know what will be the situation of employee who's name is been listed for layoff.... We face the crying employee's who say's my family depends on me please help me..!!!!
We are planning for cost cutting, staff reduction, salary reduction ....than what...??? if still problem not solved.......!!!
SENIORS MEMBER NEED YOUR KIND ADVICE & SUGGESTIONS.!!!
Can we suggest any way out to handle this situation.
From India, Mumbai
10Now in this critical situation how to face the recession is more important question for the existance of Company and survival of employee....
As we are working as HRians we know what will be the situation of employee who's name is been listed for layoff.... We face the crying employee's who say's my family depends on me please help me..!!!!
We are planning for cost cutting, staff reduction, salary reduction ....than what...??? if still problem not solved.......!!!
SENIORS MEMBER NEED YOUR KIND ADVICE & SUGGESTIONS.!!!
Can we suggest any way out to handle this situation.
From India, Mumbai
more than 15 views but NO replies......... Hope their is no reply for recession......... Is recession is mental block now..............!!!
From India, Mumbai
From India, Mumbai
A story post by one of the friend:
What is recession?
The Story is about a man who once upon a time was selling Hotdogs by the roadside. He was illiterate, so he never read newspapers. He was hard of hearing, so he never listened to the radio. His eyes were weak, so he never watched television. But enthusiastically, he sold lots of hotdogs. He was smart enough to offer some attractive schemes to increase his sales. His sales and profit went up. He ordered more a more raw material and buns and use to sale more. He recruited few more supporting staff to serve more customers. He started offering home deliveries. Eventually he got himself a bigger and better stove. As his business was growing, the son, who had recently graduated from College, joined his father.
Then something strange happened. The son asked, "Dad, aren't you aware of the great recession that is coming our way?" The father replied, "No, but tell me about it." The son said, "The international situation is terrible. The domestic situation is even worse. We should be prepared for the coming bad times" The man thought that since his son had been to college, read the papers, listened to the radio and watching TV, he ought to know and his advice should not be taken lightly. So the next day onwards, the father cut down the his raw material order and buns, took down the colorful signboard, removed all the special schemes he was offering to the customers and was no longer as enthusiastic. He reduced his staff strength by giving layoffs.Very soon, fewer and fewer people bothered to stop at his hotdog stand. And his sales started coming down rapidly, same is the profit. The father said to his son, "Son, you were right. We are in the middle of a recession and crisis. I am glad you warned me ahead of time."
Moral of The Story: Its all in your MIND!!!!!!!!!!!!!!!!!!!
From India, Mumbai
What is recession?
The Story is about a man who once upon a time was selling Hotdogs by the roadside. He was illiterate, so he never read newspapers. He was hard of hearing, so he never listened to the radio. His eyes were weak, so he never watched television. But enthusiastically, he sold lots of hotdogs. He was smart enough to offer some attractive schemes to increase his sales. His sales and profit went up. He ordered more a more raw material and buns and use to sale more. He recruited few more supporting staff to serve more customers. He started offering home deliveries. Eventually he got himself a bigger and better stove. As his business was growing, the son, who had recently graduated from College, joined his father.
Then something strange happened. The son asked, "Dad, aren't you aware of the great recession that is coming our way?" The father replied, "No, but tell me about it." The son said, "The international situation is terrible. The domestic situation is even worse. We should be prepared for the coming bad times" The man thought that since his son had been to college, read the papers, listened to the radio and watching TV, he ought to know and his advice should not be taken lightly. So the next day onwards, the father cut down the his raw material order and buns, took down the colorful signboard, removed all the special schemes he was offering to the customers and was no longer as enthusiastic. He reduced his staff strength by giving layoffs.Very soon, fewer and fewer people bothered to stop at his hotdog stand. And his sales started coming down rapidly, same is the profit. The father said to his son, "Son, you were right. We are in the middle of a recession and crisis. I am glad you warned me ahead of time."
Moral of The Story: Its all in your MIND!!!!!!!!!!!!!!!!!!!
From India, Mumbai
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