Good job! It looks like you are solidly on the path to readiness. But it’s time to get a clearer picture of
how
a recession will impact your workforce.
Successful workforce transformation plans include solid programs focused on career transition, voluntary
separation and retirement, protecting your employer brand and maintaining employee engagement. Take this time
to
more deeply evaluate your current state and start building out your plans to give your teams a sense of
clarity,
stability and connectedness as your workforce transforms.
Well done! You have a solid foundation for understanding the impact that a recession could have on your
workforce and running the right programs to transform your workforce with minimal disruption. Now is the time
to
identify what retained employees will need to stay productive and connected through potentially stressful
times.
Make sure your employer brand is strong, authentic and resonant—both internally and externally—and be ready to
launch thoughtful and value-added employee engagement initiatives to shore up any sense of instability or
uncertainty about your company’s future.
Bravo! Clearly, you have done the necessary thought-work to understand the potential impact of a recession on
your workforce, and the way your teams must evolve to ensure continued growth. Now is a great time to
double-check that your plans are aligned with the roles and skills you need. Button up any final details to
ensure full readiness to support career transition, voluntary separation and retirement. And when it comes to
your employer brand and employee engagement efforts, make sure that all messages indicate a bright future on
the
other side of this transitional time.
Next Steps
- Use this time wisely to analyze and hypothesize how a recession will impact your workforce.
- Partner with workforce and change management experts to develop and launch strong transition programs.
- Reinforce your employer brand to ensure successful strategic hiring efforts and put plans in place now to
maintain an engaged workforce throughout your transformation.
- Build upon your understanding by seeking out thought leadership and best practices for seamless workforce
transformation.
- Ensure all planning efforts have hard deadlines to avoid the last-minute scramble. Remember: Readiness now
means steadiness later.
- Partner with experts for guidance on evaluating needed skills and roles, protecting employer brands, and
maintaining engagement throughout workforce transformation.
- Consider conducting a pulse survey to baseline your employee engagement before the transition takes place
and understand the impact after.
- Refresh your employer brand to make the benefits of working at your company clear and ensure your
engagement
activities are meaningful by getting into the employee mindset and reflecting what they value most.
- Make sure you have the benefit of an expert partner with a proven track record and a proactive strategy
for
workforce and business transformation.
