Monday, July 06, 2009

It pays for companies to take care of talent
By Abigail L. Ho
Philippine Daily Inquirer
First Posted 00:22:00 07/06/2009

MANILA, Philippines - The economic downturn is forcing businesses to cut costs here and there, sometimes going to the painful extent of letting people go.

While this may make sense at the onset, enterprises should think twice, thrice, 10 times before doing something that drastic.

The People Management Association of the Philippines says businesses should focus on strengthening their human resource if they want to be able to ride the recovery wave when it comes.

In a presentation at the Philippine International Franchise Conference and Expo 2009 last week, PMAP president and Corporate Executive Search managing director Grace Abella-Zata said the best route was to combine “buying, building and borrowing” talents.

Read more at Philippine Daily Inquirer Money

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