New Relationships, New Possibilities in Tough Times

Francis WadeFramework Consulting

A time of extreme challenge

HR Professionals are always asked to do MORE

Budgets are being cut, yet the job remains the same

Cutting edge technologies can perform miracles in relationships

Learn these cost-cutting tools, and keep looking for others

Build business relationships with people you don’t know in person

Security: A growing

network is the best safety net

Security: Caribbean professional relationships are built on “contacts”

Security: “Top of Mind” opportunities

Case Study

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Productivity: You can do more for your company

Productivity: You are able to

make decisions quickly…

without delay

Productivity: You have access to better information

You grow

By learning from new people and different cultures

You grow: by staying closer to “best in class practices”

Being around other people who are high performers keeps you aware of “the best”

Business from Afar

People you haven’t met

Companies you have never heard of

Being comfortable with a single interaction

Case: elance.com

• Elance enables millions of dollars of work to be done each year between people who have never met, and will never meet (professional services)

• Who is Alison Cohen?

Using elance.com

• It lowers costs: outsourcing

• Quicker response time

• Better quality work

Expanding Your Options

Transform your company with interactivity

• Culture change also happens when you put in new software

Case: Email

• Were you working in the early 1990’s when email was implemented?

• If so, you can recall a time when electronic communication simply didn’t exist

• Email has changed every single company that does business… without any help from HR

Interactive software tools transform relationships

• They become ubiquitous

• They level the playing field

• Are you on Facebook? Are you waiting for the “fad” to pass?

Case: My Experience

Facebook in Your Company?

• What would it create?• Who would start communicating with whom?

Information sharing transforms companies

• Enables mobilization

• People can make better decisions

• An opportunity to share ideas that empower employees

Case: Obama vs. McCain

Engagement becomes a much

easier task (especially with

younger employees)

Web 2.0 tools are used to build 2-way relationships

• Blogs

• Forums

• Email discussion lists

• Online Surveys

For an example of each of these, see CaribHRForum.com

Web 2.0 within companies

New relationships are built on this new platform of communication

• Email requests – sales?• Small group activities• Leadership from anywhere in the company• Empowering employees to act in new and

different ways

With cutting edge tools, tremendous costs are saved

Economic and financial

crisis

Master cost cutting tools

You become the innovator that touches every employee

HR leads the company to accomplish the unforeseen

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Questions

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