Positioning for Economic Recovery: Managing Risk and Rewards through Cost Reductions

While the need for planning may seem obvious, the pressure to react quickly to the economic environment has prevented many companies from devoting appropriate attention to contingency scenarios. Hewitt's new research on Cost Reduction and Engagement indicates companies that do workforce scenario planning, drawing on data and skills needs assessments, and proactively communicate how changes will position the company for the future set themselves apart. These organizations can maintain morale with a right-sized workforce, improve focus on strategic priorities, and are positioned to emerge with a competitive advantage after the downturn. This webcast will cover which industries are meeting the challenge and which continue to be most challenged. You'll hear how leading companies have used Hewitt's benchmark findings to drive important internal decisions for their business and talent management.