Intel monitors changing skill requirements and institutes a redeployment program when it becomes necessary to downsize a business. Under this program, managers effectively lay off people, and the head count of the business unit is moved off the payroll. These excised people enter a redeployment pool under the auspices of human resources. Once in the pool, employees generally have four to six months, and can do one of three things:
1) search for another job within Intel;
2) seek additional training that will enable them to pursue a new position;
3) take a temporary assignment that doesn't count against their time in the pool.
By no means is the redeployment pool a dumping ground for performance problems. Poor performers don't get a chance to join the pool; instead, they are forced to leave the company. The company treats redeployment as a benefit, spending $6 million to $10 million a year on the program.
Author(s): Bruce A. Pasternack, Shelley S. Keller, Albert J. Viscio
Source(s): The Triumph of People Power and the New Economy (strategy business)
via Alltop RSS http://www.mgmtideas.com/content/23/?utm_source=feedburner&%3Butm_medium=rss&%3Butm_campaign=2012-06-04&utm_medium=feed&utm_campaign=Feed%3A+ManagementIdeas+%28mgmtideas.com+-+Latest+Content%29 Matt Sileno
http://www.lead411.com/Matt_Sileno_3146962.html The Intuitive Group Inc
8233 Old Courthouse Rd Ste 330 Vienna V.A. 22182
No comments:
Post a Comment