Some measures to support departments with paused hiring and pay reduction during a crisis could include: providing emotional support and clear communication about the situation, offering training for skill development, exploring opportunities for role rotation to keep employees engaged, and considering temporary assignments to other departments or projects. It's also important to keep reviewing the situation and adjust strategies as needed.

Asked on the following presentation:

resource preview

Crisis Management

In face of uncertainty and disruption, use our COVID-19 Crisis Management deck to undertake the current challenges of your business, develop recovery...

download
Download this presentation in

Get 8 out of 33 slides

Powerpoint Keynote Copy Google Slides
Not for commercial use
Microsoft Powerpoint
Not for commercial use

Or, start for free ⬇️

Download and customize this and hundreds of business presentation templates for free

Voila! You can now download this presentation

Download

presentation Preview

View all chevron_right

Question was asked on:

With this slide, introduce the possible macro effects of the crisis on your business. Based on the economic crisis of 2008, these may include fewer business opportunities, need for layoffs or even closure and commercial lending decrease. To better plan your human resources in a time of crisis, pay special attention to the departments with paused hiring and pay reduction. Use this slide to introduce them to your audience and go over some measures to support these departments. Use this slide to introduce and its implementation. To come up with one: define scope, issues and time horizon, list all key drivers, gather and analyze data and develop different scenarios for crisis management.

Questions and answers

info icon

Businesses can prepare for the macro effects of a crisis by understanding the potential impacts such as fewer business opportunities, need for layoffs or closure, and a decrease in commercial lending. They should pay special attention to departments with paused hiring and pay reduction, and develop measures to support these departments. Businesses should also define the scope, issues, and time horizon of the crisis, list all key drivers, gather and analyze data, and develop different scenarios for crisis management.

To develop different scenarios for crisis management, you can start by defining the scope, issues, and time horizon of the potential crisis. Then, list all key drivers that could influence the situation. After that, gather and analyze data related to these drivers and the potential crisis. Based on this information, you can develop different scenarios that your business may face during the crisis. This process will help you to prepare for various possible outcomes and to plan your response accordingly.

View all questions
stars icon Ask another question