Project Management

Stay Employed During Restructuring

From the Eye on the Workforce Blog
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Workforce management is a key part of project success, but project managers often find it difficult to get trustworthy information on what really works. From interpersonal interactions to big workforce issues we'll look the latest research and proven techniques to find the most effective solutions for your projects.

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Companies that have a plan to weather an economic downturn usually prefer "restructuring." That's the word you've been hearing in the news. What does this mean? It means rearranging leadership deck chairs and laying off large amounts of workers. If your organization has not been restructured yet, it will pay for you to be ready. Projects will be abandoned rather than reduced or delayed!
 
If your division/department has not been doing well financially and your project is not solving that problem within a couple of months, then prepare for project cancellation as part of a restructuring action. While everyone else is in denial, implement your initial preparation task to seek out any department (or company) that has been financially successful in recent months. Look there for a new project with a clear connection to heavy cost cutting.
 
In the interview stress how you hate expenses and love to spend weekends reviewing cost analysis spreadsheets to find possible reductions. You prefer to staff only with existing workers, even if shared, and will never ask for new hires. And you bring your own pens from home and don't even drink office coffee.

Posted on: October 31, 2008 08:02 AM | Permalink

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