Naomi Bloom on Leading the Economic Recovery

by Jeff Ventura on December 16, 2009

Over on Workday’s blog, there is an excellent piece about how best to position your organization for the recovery.  While ‘preparing’ for a recovery might seem oxymoronic, this time around it’s not, especially given the breadth of the latest recession.  It wasn’t easy sledding for anyone, and like coming off a brutal winter, smart organizations tune their operations for the coming spring.naomi-bloom

The highlight of Workday’s post is material by Naomi Bloom (Twitter link), a thought leader across the HRM/HR technology/HR outsourcing industry and Managing Partner in Bloom & Wallace, her solo consulting practice.  In it, Bloom encourages companies to take advantage of this fledgling recovery by making significant changes to their business and processes.  Just like smart firms made wide adjustments entering this recession, similar moves should be made as global circumstances appear to move in a considerably more stable direction.

  • Action 1: Future-proof personal finances—spending less than you make is the new norm.
  • Action 2: Future-proof our good health and fitness—no point in #1 in you’re not able to enjoy life.
  • Action 3: Future-proof our careers—the right KSAOCs (knowledge, skills, abilities, and other characteristics), including great work habits, are key to your future success.

Bloom also suggests sound to-dos for HRM and HRMDS departments.

It’s worth checking out the entire post over on Workday’s blog as well as Bloom’s webinar material (via SlideShare), which is the source of the blog post.  Excellent stuff, and required reading for anyone seeing the recovery slowly start to take shape and wondering, ‘So what do I do next?’

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