Z. H. STUDIO: Business Turnover Expert Talks about Talent Issues in Economic Downturn

Summary: The current global economic crisis has organizations all over the world rethinking their approaches to talent and staff issues. While many companies are looking at lowering their staff to improve cost efficiency, still, some institutions are counting on their best-performing talent to help pull the organization through the difficult times ahead. What is the better strategy? Can organizations use this time of turbulence to implement strategic hiring and protect a firm’s intellectual property? Phillip Beck, an internationally-renowned strategist for business turnaround and human resources development, believes that now more than ever, a healthy pool of staff is vital to increasing business turnover.