While business dynamics are temporarily disrupted due to public health concerns and social unrest, organizations are looking internally and having deeper discussions about how their businesses are being impacted. According to a recent article in Harvard Business Review, “One lesson from previous downturns is that companies that are proactive and growth oriented, even as they shore up their vulnerabilities, will have an edge coming out of the crisis.”
Successful business strategies are defined with mission, values and culture in mind, but with our economy changing daily, these strategies must be adapted accordingly.
As HR professionals look at their organization and discuss their organizational strategy with leadership and key stakeholders, one of the critical questions has become, “Is our workforce aligned with our evolving business strategy?”