Retrenchments - A solution for HR Managers

Redeployment, Restructuring and Lay-offs

One of the challenges facing companies when restructuring or during amalgamations is surplus staff that has to be accommodated, redeployed or given separation packages.    Most companies have strategies in place to assist affected staff members obtaining new employment.  Some of these strategies are to assist them in drafting professional CV’s.  Some are also assisted and given the options to start their own businesses.

These instances can come about through internal restructuring, mergers and acquisitions, affirmative action due to complying with laws like the employment equity act and BEE requirements.  No matter what the reasons are our offering might just be the solution the company might be looking for in those instances.

We have done extensive research into the latter group,  that is starting an own business and have found that they have a major drawback in that the programs we have seen all focuses on giving them some background on how to start a business and some do give them business ideas.   But once they have left  the company they are on their own.    And they invariably become part of the statistic that has been proven over and over again: More than 80% of new businesses fail in the first year.

We have developed a program that turns the probability of success around in that it contains all of the following elements:

1.        A Saqua aligned 10 day course that encompasses the following :

a.       Understanding the Entrepreneurial profile.

b.      Basic financial understanding.

c.       Choosing a business idea and doing viability /feasibility studies.

d.      Marketing.

e.      The Business plan.

f.        Roll out of the program.

2.       As part of the course up to 100 business ideas are discussed and the candidates are assisted in choosing one that he/she feels comfortable with and fit their profile.

3.       They are then assisted in drafting a business plan for the chosen business.

4.       They are matched with a mentor that will be available on an ongoing basis via telephone or email to assist with problems arising in the process.

5.       Part of the course is an accountability process where they have to report back to us on their progress.

6.       Follow up short courses encompassing fields like: cash flow management, management reports, human resource management and discipline, Legal and tax aspects of companies, the new companies act etc.  are presented on an ongoing (monthly) basis.

What makes our program so unique?  Because of steps 4 to 6 which is the core of a successful program like this.

Because there is a real live person available to Mentor and guide the new Entrepreneur.

              The accountability part creates a feeling of urgency in the candidate to start and succeed.

 Part of the Human resources strategist /Manager like you in any company is to manage the process of redeployment as seamlessly as possible. And helping affected staff still feel wanted.   We are offering you a very effective tool  to do this.

We would like to discuss the program with you should it fit anywhere in your plans for the foreseeable future. Give us one hour of your time – It might just be the most important one this year.

John Brandow  082 222 5002   - johnbrandow@mweb.co.za  -  owner Centurion study centre