recruitmentsolutions@emerald-starfish.com 
0116 2080246 

Blog 

Posts tagged “rightsizing”

With many employees furloughed, and as the furlough scheme changes are you using this opportunity to right-size your company and consider redundancies? 
 
Rightsizing is a proactive activity and should be a constant part of managing an organisation. By adjusting an organisation like this can make it the most efficient, effective, competitive and profitable that it can be. 
 
20% of companies are planning redundancies this summer despite the furlough scheme and over half of employees are worried about losing their job. 
 
Three key questions to ask before you start assessing your workforce are: 
1. In what way post-pandemic will your customer needs have changed? 
2. What will success for your business look like going forward? 
3. What positives changes from remote/social distancing working can you introduce to the workplace following lockdown? 
 
Next, look at where you are now and what talent do you have within, what areas you may need to upskill or what new skills should you be looking to bring into the organisation. 
 
Look first to your business-critical positions which will help with the long-term success of the business. All the furloughed employees –can you manage without any of them? Identify your high potential employees – these are the ones who embrace and embody the culture of the organisation, can flex and adapt and perform at a high level in their current positions. 
Part 2 of 2 blogs looking at rightsizing your organisation and assessing your current talent pool. 
 
 
 
Now is a great time to assess your workforce and look at the talent that you have within your organisation. 
 
As you move forward into the rest of the year you will be clear in terms of what talent you have as well as where you need to upskill, or where there are some competencies you may need to bring into the company. 
 
It is likely that many companies will not look or operate the same when we return to the new normal after Lockdown and the Corona Crisis, but what steps can you go through currently to ensure that you retain your talent and yet shape your business for tomorrow? 
 
Click below to follow our 5 Step plan. 
Rightsizing is a proactive process and should be a constant part of managing an organisation. With many employees furloughed are you making the best use of this opportunity to right-size your company? 
 
To right-size it is important to look at several factors – look at the market needs and trends, technologies, alternative approaches and new ideas. The current crisis that we all find ourselves in has meant that many of us have had to look at these areas anyway. Right-sizing needs to focus on the future and for leaders to look at where their organisation is to be headed post lockdown. Newly clarified or redefined strategic direction often gives leaders new insights about what skills are needed within the organisation to be able to head in this direction. 
 
Most of us aren’t entirely clear where things are headed after this pandemic, but each day certain aspects may become clearer. By making decisions on where things are most probably likely to be headed helps managers make more effective right sizing decisions around hiring new people and the direction for training and retraining current employees equipping them with new skills to prepare them for the future. 
 
Click below for 3 questions to ask yourself before starting right-sizing. 
Our site uses cookies. For more information, see our cookie policy. Accept cookies and close
Reject cookies Manage settings