SuccessFactors Survey highlights one more interesting result of the research. In the conditions of the weak global economy, organisations still need qualified and professional workforce. They see the need for the optimisation workforce. For that the organizations need tools and processes productive for working in this direction. That will lead to success. As a new study of SuccessFactors, Inc. (NASDAQ: SFSF) on the global leader in on-demand performance and talent management solutions, 76 % of companies are having difficulties in dealing with changes like staff reductions, realignment of resources and optimisation of employees. It is worth mentioning that these kind of changes companies need to make within an uncertain economic time or downturn.
Usually the decline of revenues is the main reason organisations optimise their workforce. This result shows the ‘Workforce Optimisation’, too. The survey surveyed 277 business in the UK and Ireland. Besides above mentioned research issue SuccessFactors asked respondents how the weakening economy has affected their business. Results show that companies are scrambling to keep morale and employee performance up. Through research 60 % listed staff morale as the top area of performance affected by the downturn and furthermore, over a third said that the performance of individual employees has been affected.
According to the SourceWire, “Clearly organisations are feeling the effects of the downturn and should be thinking about optimising their workforce,” said Andy Leaver, Vice President of EMEA Sales for SuccessFactors. “Now more than ever companies need a consistent way to look across their organisation and make the tough calls that will allow them to compete and exploit any opportunities that become available.”
“The real power of a talent and performance management system lies within the richness of its data, which enables businesses to look at people-related data across an entire company,” said Erik Berggren, Senior Director of Global Research at SuccessFactors. “When the dust settles and the economy begins to flourish again, companies with the right resources and processes in place will be poised to succeed. Workforce optimisation is critical to emerging from the economic environment in a position of strength.”
Source:
http://www.sourcewire.com/releases/rel_display.php?relid=LLTAL
http://www.successfactors.co.uk/download/getresource/?doc=/d...
http://www.successfactors.com
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