WorldatWork Newsline
Half of HR Execs Anticipate Restructuring in the Next Six Months
May 28, 2010 — Half of senior human resources executives expect their organizations to restructure within the next six months, according to a recent poll.
Right Management analyzed responses from 426 senior HR professionals in an online poll in March. The results show that a change in their organization’s leadership is anticipated by one in five of the HR executives. The survey asked respondents to identify the most significant change their organizations will face in the next six months. According to the survey, respondents reported:
- 51% — Organizational restructure
- 21% — New leadership
- 13% — Acquisition or merger
- 10% — New product launch
- 6% — New technology.
“Although the economy shows certain signs of improvement, it seems likely that more corporate upheaval is ahead,” said Michael Haid, senior vice president of global solutions at Right Management. “The current atmosphere remains unsteady and anxiety is still widespread. And given the degree of leadership changes and M&A activity also expected, history shows us that these events often result in restructurings that reflect changes in strategy and business direction. The amount of change expected in the coming months will be significant.”
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http://dreamlearndobecome.blogspot.com This posting was made my Jim Jacobs, President & CEO of Jacobs Executive Advisors. Jim also serves as Leader of Jacobs Advisors' Insurance Practice.
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