OBODO, N.A and Anigbata, Davidson Oliver (2017) Managing Change of Sudden Decline in Revenue Generation of an Organization in Times of Recession: Issues and Challenges. In: MANAGING A RECESSED ECONOMY: OPTIONS FOR NIGERIA. EUNIQUE PRSS & COMPUTERS, AWKA, ANAMBRA STATE, pp. 622-630.
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MANAGING CHANGE OF SUDDEN DECLINE IN REVENUE GENERATION OF AN ORGANIZATION IN TIMES OF RECESSION; ISSUES AND CHALLENGES.pdf Download (5MB) |
Abstract
In view of the current emerging economic challenges, political instability, infrastructural defects, increasing security threats and severe austerity with significant financial pressures on all areas of organizational service delivery, it is important that Human Resource practitioners clarifies its aims and objectives for its staff. These need to be identified within an over all workforce strategy which is aligned to the organization's priorities and objectives. This paper therefore tends to suggest some possible ways by which human resource practitioners can brace up the challenges of severe cash flow in their organizations especially now that economic meet down has hit many countries the world over. In doing these, the paper has the objectives of outlining ways of handling sudden changes; suggest how organization can survive decline in revenue during austerity and recommended vital processes by which organization can prove on their revenue generation in times of austerity, Implications of the study were highlighted and the paper came up with the following recommendations that: there is need for intensive training and development of HRMs in order to keep them abstract for any changes as they unfold among others.
| Item Type: | Book Section |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) L Education > L Education (General) |
| Divisions: | Faculty of Management and Social Sciences |
| Depositing User: | miss ifeoma agbo |
| Date Deposited: | 06 Aug 2018 12:59 |
| Last Modified: | 06 Aug 2018 13:39 |
| URI: | http://eprints.gouni.edu.ng/id/eprint/580 |
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