Outsourcing Human Resources in a Turnaround
I recently authored an article on Outsourcing Human Resources in a Turnaround published in the August Edition of The Journal of Corporate Renewal, published by the Turnaround Management Association. All too often HR expenditures are viewed as soft expenses that should be cut as the organization goes through the turnaround process. In addition, as the senior, highly paid HR staff is cut, responsibilities are often placed ion junior, inexperienced professionals that can do little more than be cheerleaders. Rather than this traditional approach, organizations would be better served to outsource some of the HR function during a turnaround in order to provide a fresh look and analysis of the operations and efficiency of the HR function. After all, no company can be successful without focusing on engaging and managing its people.