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 »  Home  »  Organization  »  Summer Update – Human Capital Challenges Are Heating Up!
Summer Update – Human Capital Challenges Are Heating Up!
By Kevin Grindle | Published  06/10/2005 | Organization | Rating:
Kevin Grindle
Kevin is a Leadership Strategies, LLC partner and has over 20 years of operations and human resources management experience in the automotive aftermarket industry. Kevin has owned and operated multiple businesses and serves as an active Board member. He holds Sociology and Communication degrees and is certified as a Professional in Human Resources from The Society for Human Resource Management. Some of Kevin’s primary areas of specialty are organizational design/effectiveness, employee relations, executive search, training and development, coaching and mentoring, career transition, total reward system design, human asset analysis, mergers and acquisitions, employee assessments and human capital retention 

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Introduction

For the last 18 - 24 months, the labor and business marketplace has experienced some tremendous ups and downs.  We have seen unemployment at record levels, many organizations have attempted multiple times to shrink themselves to profitability, organizations have flattened and driven worker productivity numbers to new heights, the average tenure within some industries has dropped from 5 – 7 years to 1 – 3 years, and individuals have made difficult decisions to change career paths and fields to either make ends meet or to pursue more meaningful professions. 

 

This article and several of our prior Proven Solutions Articles such as “Re-Recruit Your Top Performers,”  “Rightsizing, Wrongsizing And Downsizing: Where Should You Go From Here?” and “The Organizational Stall, How To Restart Your Organization’s Engine” have indicated and predicted the challenges that are currently faced by employers and have provided realistic and actionable steps to ensure that you and your company are not “caught in the wave” of human capital change that has begun. 

 

This article will focus on two very timely subjects that are critical to successful organizations that are committed to exceeding their business goals and objectives by maintaining and further developing their human assets.