Saturday, October 24, 2009

what do different companies all of the world to do?

During the slow economic recession, all the companies in the world try to find an effective way to additional benefits. During the article Recruitment and Retention across Continents, Lauren Forgacs lists different companies all of the world to find out how does organizational learning work during the economic recession.
In China, most companies focus in a new era. Policymakers prefer to cut training budget at this moment and focus on the short-term benefits to resist the economic crisis. In the Middle East countries, they try to find an innovate method to fit the environment. Managers are going to set up a new department to find out the talent and creative people. They believe that the creative team will lead staff happy and achieve their objective. In the Latin America, most leaders put people first. They focus on the culture to fit the organization because they think people are the basic factor to get higher profitability. In Latin America a lot of people move to other countries for the better quality of life. As local managers they engaging and retaining staff to keep the companies functioning. In Europe countries, they focus on the retention and control productivity. Many organizations choose re-evaluation and figure out how the companies should be shaped and which activities need consider firstly. They value the contribution of the learning function and reduce work-related stress of people.
Organizational learning is necessary for the companies’ development especially during the economic crisis. It plays a significant role in changing economic environment. It should become more efficient and effective. The organizational learning must keep on going during the business operate process. The only effect of organizational learning is helps the companies to achieve the business goal.

Forgacs, Lauren. Recruitment and Retention across Continents, T+D, Jun2009, Vol. 63 Issue 6, p40-44, 5p,
http://search.ebscohost.com.libsrv.wku.edu/login.aspx?direct=true&db=aph&AN=40928494&site=ehost-live

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