Brochure: HR Restructuring Communications | Page 5

5 Communications without a convincing & authentic story results in loss of talents and key players RESTRUCTURING ANNOUNCEMENTS AND POTENTIAL EFFECTS ON EMPLOYEES “WE WILL REDUCE OUR WORKFORCE BY 40%“ COMMON ANNOUNCEMENT MISTAKES: • No comprehensive communication strategy in place • No prioritization of communication during HR restructuring programs • “Salami-slicing“ and delaying tactics (“wait & see“) • Lack of clear responsibilities • No sufficient stakeholder management • No clear and consistent storyline RESIGNATION UNCERTAINTY ANXIETY RESIGNATION DEMOTIVATION CHAOS SICKNESS RESIGNATION FEAR ANGERANXIETY PARANOIA ANGER CHAOS UNCERTAINTY DEMOTIVATION FEAR SICKNESS CHAOS PARANOIA Those mistakes during HR restructuring announcements can lead to wrong assumptions, interpretation and rumors amongst employees. To prevent this, a clear, consistent communication plan is crucial. One AT A of GLANCE the major challenges for firms is the announcement of large headcount reduction programs. Many firms make the same, very common mistake: They underestimate the power of the announcement and often regard it as a small little action point on their To-Do list. But this is definitely not the case. A carefully planned communication strategy including the announcement can have significant positive impact on the staff, especially on the remaining employees. Source: goetzpartners