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Surviving an Economic Downturn: Creative Alternatives to Layoffs
It seems that you can't escape the headlines these days about the gloomy economic news. In every media outlet, we read or hear about stock market losses, real estate slowdowns, job losses, bankruptcies and bailouts. These are clearly challenging economic times. One key question for your business is how do you handle the economic slowdown when it comes to your staffing levels? Should you institute a hiring freeze? Can you take advantage of layoffs at your competitors by snatching up strong performers that they've been forced to downsize? Or do you need to layoff employees yourself? In this article, we look at some of the options facing small- and medium-sized businesses when determining how to handle their human resources needs during an economic slowdown.

Other process efficiency Related Articles

Lesson #5: Make Efficiency Your Secret Weapon
When Charney filed for bankruptcy it was because American Apparel was suffering from a lack of one thing: efficiency. His staff were all in their 20s, a wildly creative bunch when it came to graphics and design, but few knew the ins and outs of running a business. And so Charney brought on Marty Bailey, an industry expert, who helped make efficiency American Apparel’s secret weapon against its competitors.

Reinventing Foreign Aid: "Help Us Help Ourselves"
Participants discussed how to improve aid allocation, increase its efficiency and reduce wastage. The goal is to deploy aid better to enhance the prospects for sustainable development, said Robert Klitgaard, Professor of International Development and Security and Dean, The RAND Graduate School, USA. Joaquim Alberto Chissano, President of Mozambique, agreed that the key issue is efficiency. He noted that often while donors and recipients might agree on principles and delivery terms, full implementation of aid programmes are often not smooth or timely. Problems arise sometimes for such simple reasons as the difference between when the fiscal year begins in developing countries and developed ones. The aid community must look at ways to solve problems and improve efficiency so that non performing countries become performing ones.
Time Management
How to recapture your usual efficiency and focus? Spend less time in the office. Not dramatically less, but an hour or two. Note that this isn't a long-term strategy to increase efficiency, but rather one designed to help you get over the hump of whatever has got you off your regular game.
5 Easy Ways To Improve Your Work Efficiency
When it comes to having your own business, the unfortunate fact is that you are responsible for how well your business prospers. The future for your business is also determined by your overall work efficiency. If you have ever wondered why your business is not growing, even though you are working hard, then it is probably due to the efficiency of your business.
Telemarketing: When to Use it.
Telemarketing can be a powerful tool to generate and nurture leads, process orders, keep data current and improve the efficiency of all your sales and marketing activities.
The Productive E-mail Process (PEP)
One of the most important efficiency structures in your business is being productive in your e-mail inbox and managing large amounts of e-mail. As someone who receives hundreds and hundreds of e-mails per day, I knew that I had to create a process that worked and a process that kept me super productive.

BPO Live Receptionist Service to help businesses
The live receptionist service as offered by a business process outsourcing firm helps to improve the efficiency of the companies to match up with their business requirements.

Efficiency versus Effectiveness
Everyday we are confronted with the message, to be more efficient. We could have the best measurement systems in place to measure the efficiency of the operations, but be producing the wrong thing or focusing on the wrong area - as a result, the business could fail, though it was highly efficient. What is going to build the future of our business does not come through efficiency; it comes through effectiveness.
Increased Marketing Efficiency Can Be Delivered Through Regular Process Benchmarking
With the increasing fragmentation of media and communications channels and the diversity of audiences the number and types of processes engaged as a part of marketing communication has multiplied yet often the performance efficiency of these processes is left largely unchecked and without regular process benchmarking.
What is an Efficiency Expert? Part 2 ~ How Can They Help My Small Business?
What the heck is an Efficiency Expert? Learn how an Efficiency Expert can work with your small business to increase your business efficiency and free up more of your valuable time.
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