Cutting headcount unthinkingly during tough times can have long-term negative consequences. Accenture's High Performance Business research and its rich client experience show that leading companies outperform their peers across business cycles, in large measure because they innovate continually - and innovation is driven by people.
In other words talent management is critical in achieving high performance - and will play a key role in a company's ability to survive the downturn without being crippled when the upturn comes.
Read the full article - Managing Talent in Uncertain Times
