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Reduce the cost of the crisis lay off non by big tree





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Reduce the cost of the crisis lay off non by
Article Posted: 08/06/2010
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Reduce the cost of the crisis lay off non


 
Business,Business News,Business Opportunities
Ernst & Young this year's survey, 61% of executives will be laid off as a top priority to reduce costs; 57% of executives said their companies are reducing employee retention and training programs.


HC pharmaceutical industry network In 2009, the global pharmaceutical industry exposure to shock the financial crisis, Ernst & Young Centre for the global pharmaceutical industry, Bayer, Novo Nordisk, Schering-Plough, Harbin Pharmaceutical and other major pharmaceutical companies worldwide 15 to 45 senior managers in-depth research, the results show : All those interviewed agreed that the promotion of new products is the industry's top priority; 66% of executives as the most important to the revitalization of research and development initiatives; 40% believe that new markets, reduce costs, restructuring the development of marketing or sales the second largest events.


In 2007 related to the survey, 92% of the executives to reduce costs as the most important measures; 69% of the proposal to increase the human resource input.


Difficult transition crisis cuts short-sighted Ernst & Young this year's survey, 61% of executives will be laid off as a top priority to reduce costs; 57% of executives said their companies are reducing employee retention and training programs. Human resource management, this year 69% of executives believe that human resource investments in the next 12 months has increased. In fact, the reduction in senior management within the enterprise has resulted in the loss of experience and expertise, and the loss is difficult to restore. As one executive put it: "If over layoffs, cost recovery should be a large scale."


Ernst & Young partner Li Yongguang Shanghai Branch, said the investigation found that the implementation of cost control program, only less than 1 / 3 of enterprise cost reduction benefits can be maintained for 5 years. So, to cut costs through layoffs is no longer the best choice for dealing with difficulties. The report also pointed out that the pharmaceutical industry, the discovery of talent, training and management attention is not enough talent is a source of industry innovation. However, almost no reference to how well executives manpower reserves. We see the pharmaceutical industry are constantly adjusting its product strategy, including the investment of time and money in product development and life cycle management, but in human resources development and management has made little progress.


Hobson's choice Enterprise risk management partner of Ernst & Young Yi-Xuan Zhang said: "In the industry continues to explore new business models, companies should seek to ensure that organizations process and system to flexibly respond to changing external environment. Business tells us the history of changes, local repairs can only bring short-term benefits, companies need to build a real transformation of a century. "When the layoffs are no longer cope with price controls, regulatory Deal, new products and other changes to reduce long-term plan, the business model transformation into a Hobson's choice.


The future, firms will differentiation strategy is different from other competitors, including prescription drugs, branded generic drugs, special drugs, biological products. Enterprises in the very important, because the future competitive product line will not only competition, the competition will be a business model.

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