Human resources department needs to stay positive at the time of recession and focus on the things which can put the business back on track.

1. for Human Resources
The Ray of Hope in the
Recession

2. the thankless job of laying off people, because
the business can no longer afford to pay them
HR has been ordered to trim:
o Salary Packages
o Incentives
o Benefits
which used to be in demand when the
economy was flourishing
Copyright 2013 | Saigun Technologies Pvt. Ltd. 2
Introduction
For the HR department the
recession can only mean
HR is the bad guy
Need to stay
positive
Who else? Employees will blame…
The HR department

3. Determination to find
ways out of the
recession and move
into a new era may
be the beginning of a
whole new global
environment
We need to put an end to
this recession
Hope 1: A Determined Leadership
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Political Leadership
Business Leadership

4. Improve existing
business practices
And to
Improved global business culture
More control over plans and strategies
More financial transparency
The recession will result in new ideas to bring:
Better management practices
have triggered new
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Hope 2: New Thoughts on Management
Past failures
Current failures
Ideas
Thoughts

5. Hope 3: Emergence of New Leaders and Think Tanks
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Recession
Change in the power of various schools of thought
Freethinkers Consistent Performers
Rise of
Innovative
Thinkers
Before
After
Championed unrestrained
freedom
Were thought to lack vision
Stumbled and fell
Proved to be consistent and
in control – are the new
drivers of change

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Hope 4: History of Men
Damagedone
Event
World War I
(1914-1918)
The Great
Depression
(1929 – early ‘40s)
World War II
(1939 – 1945)
The Great
Recession
(2007 - )
Not to scale
After all the
others, this is
a small hurdle
to overcome

7. Hope 5: New Developments in Technology
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Wheels
Motorized Ships
Steam Engine
HR Technology
Long distances became short
Distances between countries became short
Distances between continents became short
Technology is growing at a pace like never before
New performance tools can make a
in facing challenges

8. Thank You
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Pvt. Ltd.
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