5th February
2009
written by Accrual World Team

Last week the Accrual World Team made a promise. Fewer posts about the recession*.

One post later and we’ve failed abysmally, but we found the story about KPMG trying to cut staff hours too interesting to ignore.

In the current climate it’s refreshing to see an employer recognising the importance of staff as their main asset and looking at means other than redundancy to streamline the business.

We wondered if this came down to the way in which accountants approach problems. Are they just naturally aware that a little bit here and a little bit there can prove vastly more effective than going crazy with a cleaver and chopping off essential appendages?

So what other practices could be adopted?

In our daily encounters with accountants we’ve heard suggestions ranging from half days working from home (supposedly staff treat time travelling to and from work as ‘office’ time anyway), outsourcing administration work, or even psychological profiling of staff to make sure they’re working in their most effective role!

So what do you think should be the focus on the prepared practice? The staff, the systems or the overheads?

* We also decided we won’t use the term Credit Crunch. It sounds like a chocolate bar.

2 Comments

  1. 06/02/2009

    I don’t think companies would spend the money and time with psychological profiling, especially during times like these. The question isn’t really are you in the most effective role, but are you working most effectively? As everyone know, some employees will find ways to be effective and others won’t…no matter what role they’ve been given!

  2. 16/02/2009

    I have to admit, your title sucked me in. Somehow “staff as a service” resonated with me, although on further thought this sounds like something consulting firms like Accenture do already - their consultants go in as easier-to-fire employees for the big clients.

    Optimizing the effectiveness of your staff would ideally be done on an ongoing basis rather than waiting for a recession.

    However, these alternative working arrangements are interesting to a lot of people - 4-day weeks with 80% pay and home-sourcing are great way to cut costs without totally cutting jobs. Who needs all those expensive offices these days - the virtual office ain’t bad!

    Maybe one day everyone will just work in generic telecommuting offices where their co-workers are all working for totally different companies but the office is closer to home and has good internet and socializing.

    An interesting view of the future …

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