New Relationships, New Possiblities for Tough Times
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Transcript of New Relationships, New Possiblities for Tough Times
New Relationships, New Possibilities in Tough Times
Francis WadeFramework Consulting
A time of extreme challenge
HR Professionals are always asked to do MORE
Budgets are being cut, yet the job remains the same
Cutting edge technologies can perform miracles in relationships
Learn these cost-cutting tools, and keep looking for others
Build business relationships with people you don’t know in person
Security: A growing
network is the best safety net
Security: Caribbean professional relationships are built on “contacts”
Security: “Top of Mind” opportunities
Case Study
04/09/23 High-Stake Interventions. 12
Productivity: You can do more for your company
Productivity: You are able to
make decisions quickly…
without delay
Productivity: You have access to better information
You grow
By learning from new people and different cultures
You grow: by staying closer to “best in class practices”
Being around other people who are high performers keeps you aware of “the best”
Business from Afar
People you haven’t met
Companies you have never heard of
Being comfortable with a single interaction
Case: elance.com
• Elance enables millions of dollars of work to be done each year between people who have never met, and will never meet (professional services)
• Who is Alison Cohen?
Using elance.com
• It lowers costs: outsourcing
• Quicker response time
• Better quality work
Expanding Your Options
Transform your company with interactivity
• Culture change also happens when you put in new software
Case: Email
• Were you working in the early 1990’s when email was implemented?
• If so, you can recall a time when electronic communication simply didn’t exist
• Email has changed every single company that does business… without any help from HR
Interactive software tools transform relationships
• They become ubiquitous
• They level the playing field
• Are you on Facebook? Are you waiting for the “fad” to pass?
Case: My Experience
Facebook in Your Company?
• What would it create?• Who would start communicating with whom?
Information sharing transforms companies
• Enables mobilization
• People can make better decisions
• An opportunity to share ideas that empower employees
Case: Obama vs. McCain
Engagement becomes a much
easier task (especially with
younger employees)
Web 2.0 tools are used to build 2-way relationships
• Blogs
• Forums
• Email discussion lists
• Online Surveys
For an example of each of these, see CaribHRForum.com
Web 2.0 within companies
New relationships are built on this new platform of communication
• Email requests – sales?• Small group activities• Leadership from anywhere in the company• Empowering employees to act in new and
different ways
With cutting edge tools, tremendous costs are saved
Economic and financial
crisis
Master cost cutting tools
You become the innovator that touches every employee
HR leads the company to accomplish the unforeseen
04/09/23 High-Stake Interventions. 37
Questions
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