Businesses are currently
undergoing tremendous change. Competition from
an emerging global economy is increasing rapidly,
management is under constant pressure to reduce
or control costs, shareholders are demanding more
value from their investment and the labor pool
of highly qualified business professionals is
growing smaller and more expensive. Reengineering,
downsizing, rightsizing, partnering and strategic
alliances are just a few of the new-age management
concepts that have been employed by nearly every
company, regardless of size.
One common theme echoing throughout corporate
boardrooms is that the most costly aspect of business
is the human cost. Costs for salaries, costs for
benefits, costs for on-site services, costs for
meeting governmental rules and regulations are
all eating away at bottom-line performance. |