Talent Restructuring Playbook


The 2021 guide to transforming your workforce

 

Prioritise people in your sustainable workplace transformation program.

Successfully managing a large-scale restructuring program is resource heavy and requires a comprehensive plan to mitigate risks. You will need to consider a wide range of capabilities including (but not limited to) project management, leader capability, employee engagement and HR capacity. 

However, the biggest risk is failing to ensure your employees are engaged and well supported throughout the process. 

Different people require different support. 

The 2021 Restructuring Playbook defines the building blocks of a business restructure and clarifies the pivotal role HR leaders play in the process. It illustrates a 10-step HR approach for your program - one that is focused on people, your greatest resource.

Redefine workplace transformation - from complex to collaborative.

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"Increasingly, it’s becoming clear that the organisations that succeed at workforce transformation have HR firmly in the driver’s seat."

Sharon Patterson

Chief Human Resources Officer, LHH

Why is it important people are at the heart of a restructuring program?

90% of employees felt disappointment, anger and frustration towards their employer when made redundant.

Projects are 4-5 times more likely to be completed on schedule when change support is excellent.

55% of workers experience chronic stress when going through a period of significant change and uncertainty.

41% of employees felt extremely worried when finding out their role was being made redundant.

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