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    Sunday, December 07, 2008

    We are driving around the Finacial Crisis!

    A popular question flowing around business minds these days is: how can we decrease capacity to increase results?

    This fundamental question is becoming the leverage point for many organizations facing the challenges of the financial crisis.

    It is leading organizations to review their bottom-line together with the processes that deliver in such results. It has also time-framed opportunities as well as quantified return on soft investments.

    That question has also generated a strong review on HR practices promoting leaner processes in talent supply and shorter retention lenghts, aiming to result in a lower number of Full Time Employees(FTE), which adds to the increasing entry-levels supply looking for exciting opportunites.

    More young talent, more short term opportunities, faster supply processes results in a thriving talent market around the world.

    In the last edition of Harvard Business Review(HBR), there is an article on: "Winning the Race for Talent in Emerging Markets" which is a remarkable study on what young talented people is looking for in a career opportunity: a brand that inspires and make you proud, a purpose that fulfills your sense of existence, an opportunity that challenges you in new way and a culture that recognizes and promotes success.

    When I finished reading, I realized that this is the reason why AIESEC is making it through the financial crisis -we have reported growth in all quarters with an average of 25% from the past year- : because we are a source of talented young people that has been able to create the connection between promises made and promises kept to our partners and ourselves.

    Looking forward to close a great year!

    2 comments:

    1. Felicitaciones Mae!
      The best year of @ in the whole decade...
      Please make extensive my congratulations to your team :)

      love tons,
      Dey

      ReplyDelete
    2. I also read that article, pretty interesting.
      I agree with u AIESEC can help a lot to organizations to go through this financial crisis while we remain growing.
      Greetings from Chile!

      ReplyDelete

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