Developing people in down times: 

Combine people development with business development  

 By Ernie Turner

In these highly competitive times, many companies have to face some particularly challenging decisions. We now see how pharmaceutical companies, in particular, are having to re-size and downsize, re-structure, divest or merge as they address the considerable challenges of lucrative drugs coming off patent, thinning pipe lines, compliance problems, increased governmental requirements, standardizing processes, managing generic drugs and increased competitiveness overall.

 
The solutions and strategies selected to address these challenges, however, can bring either stability or instability into any organization; they can have an impact on the working atmosphere, and on employee motivation and productivity. Changes can, unless carefully planned and monitored, easily turn what is intended as a good solution into an avalanche of unanticipated (and undesired) consequences. Successful organizations anticipate change, wherever possible, and figure out how each change can be transformed into new opportunities.

In over four decades' of consulting, I have witnessed all kinds of crises. Read More...