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Right Management Consultants Succeeds by Managing Change

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Right Management Consultants Succeeds by Managing Change

Overview
The Right company is an international consultant firm specializing in change management within human resources. “Right Management Consultants is the continent’s leading career transition and human resource consulting provider, doing business with more than 80% of the Fortune 500.” (pg. 33). This is an innovative company introducing new programs and processes into the market to meet today’s employer and workforce needs.

Question 1 What are the challenges faced by Right when the downsizing effort no longer is a popular human resource strategy?

The largest challenge the Right company may have when downsizing is no longer is a popular human resource strategy is the potential absence of new talent and innovation in the company. The shortage of inflow of fresh talent and new ideas into the work force may be the most debilitating issue to a struggling company. Finding an alternative to downsizing while protecting the company’s future through human capital can be a huge, time-consuming challenge for the entire organization.
The Right company may have several alternative options to downsizing to achieve the same goal. Typically, cost savings/reduction plans are implemented by all business units within a company before employee downsizing is implemented. In addition to these measures, there are human resource cost savings initiatives that could be exercised such as hiring freezes, reduction via attrition, salary freezes, and renegotiating temporary employee contracts. Before any strategy is implemented, the human resources department needs to consider key factors such as the company’s long-term strategic focus, the economic environment, and industry specific environment which include competitor and specific labor force information.
Regardless of the strategy used it is critical that the human…...

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