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Surviving the Recession of 2009

By Greg Pancerev – Senior Project Manager – Applied Performance Strategies, Inc.

There is hardly any doubt that 2009 will be a challenging year for many of us. As I speak with customers in a wide variety of industries, it is becoming apparent that the current economic conditions have deep roots that are now affecting nearly every type of business. As a nation, we’ve been through recessions before and we’ll make it through this one too. But somehow this time, it seems scarier than before.

What does the recession mean for American industry? For most companies, it means that orders are down, forecasts are down, and we’re trying to figure out what actions to take to deal with it. Our survival depends on it.

Bad news and good news

The bad news is that some organizations will not survive this downturn. The good news is for those who do survive, many will emerge stronger and better prepared when recovery does come. The ones who survive will be those organizations that make the best decisions now.

In the mean time, many of us are being asked to cut budgets, downsize or “right-size” while still maintaining and improving quality and customer satisfaction. In short, we are being asked to do more with less.

Doing more with less

The best way to do more with less is to invest in our people. Over the last 20 years of consulting with businesses small and large, I have come to the firm conclusion that the average employee of the average American company possesses far more skills, abilities, and creativity than are required to perform their job on a daily basis. Quite often the very nature and structure of their jobs impede them from demonstrating these abilities. The organizations that succeed in the next decade will be those that can figure out how to unlock this untapped human potential and turn it into productivity and success.

Making the right decisions

To maximize productivity of the workforce that will get your organization through these difficult times, consider the following strategies:

  • Implement a structured problem solving process – If you don’t already have a standardized problem solving process, get one. It will help your organization solve problems more efficiently by finding real root causes, taking the best corrective actions that permanently remove problems and handling customer issues more effectively and efficiently. There are many problem solving methodologies in use today. For most manufacturing and service industries, APS recommends using the 8D method. Learn more about problem solving.

 

  • Analyze your processes – Use tools like 5S, lean manufacturing, and TPM to analyze and improve your processes. Capitalize on the talents and creativity of your employees to find ways to do more with less without sacrificing safety, quality or customer service. Learn more about these survival tools here

 

  • Invest in your Standard Operating Procedures (SOPs) – Having accurate, well-written, easy to follow use procedures, job aids, and work instructions is critical for ensuring consistency of job performance, safety, and product/process quality. In today’s environment where we may be asked to perform more functions with fewer people, good reference documents are more important than ever. Learn more about our SOP development services.

 

  • Build a structured on-the-job-training (OJT) program – Cross-training and multitasking are key elements in today’s business world. In a downsized organization, the workforce that remains may be asked to perform new and additional jobs and unfamiliar tasks. Having a structured OJT program in place ensures your people have the skills and knowledge they need to keep your organization competitive. Learn more about APS’ structured OJT development services.

 

  • Keep the lines of communication open – in tough times a manager’s skills in the areas of communications, team building, coaching, conflict resolution, anger management, time management, and project management are really tested. Make sure your management team is prepared for the challenge. To learn more about the courses APS offers in these topics, click here and here.

 

  • Consider flexible staffing solutions – part-time, job sharing, temporary employees, and outsourcing may be the right solution for your organization, especially in difficult times.  APS HR professionals can perform a full spectrum of services in this area including hands-on management of your HR and training functions and conducting management and supervisory skills training. Learn more here.

APS is a full-service provider of training and human performance improvement services. For more information email us at info@aps-online.net or call Greg Pancerev at 610-987-4054.

 

   

Copyright 2010, Applied Performance Strategies, Inc.

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