Use our COVID-19 resources to better manage the crisis and feel like you are on the front foot View Resources

Restructuring and Re-Organisation - 10 Top Tips

Park City, as an outsourced HR and Health & Safety Consultancy, have provided some simple recession advice and tips, to ensure that businesses can run as efficiently and productively as possible in this difficult economic environment:

1. Meet from afar:

Is every business journey necessary? Think of the amount of wasted time and money that it takes to attend a one-hour meeting away from your office. More often than not, you will find that the meeting can be just as productive if it is held over the phone.

2. Be transparent:

Chances are your employees will be feeling much more stressed than normal, even if they don’t realise it. Holding secretive meetings will only increase the pressure, so keep them informed and involved in decision making, and let them know about changes as soon as feasibly possible.

3. Employee’s welfare:

In a period where you would expect workers to give their all to their job, we have experienced rising levels of absence throughout 2008. Stress is believed to be its primary cause. In order to combat this, why not introduce initiatives such as: regular five minute breaks from the computer and real lunch breaks, rather than working through, or even coordinate fun team building or ‘energizer’ exercises at lunch times?

4. Introduce flexible working:

Flexible working enables people to balance work and life, especially if they have children, and it allows companies to retain talent and experience in the work place. Other feasible options would be job sharing, working from home or part-time work.

5. Consider your space:

If you are lucky enough to have extra office space, or rooms that you just don’t need or use, then there is a great sub-letting opportunity. Not only would you be generating extra revenue, it would be at absolutely no cost to you or your business. You could even sell off excess equipment on eBay. Perhaps you should review your premises; could you reduce the rent, or move to a cheaper location?

6. Relationships:

Focus on retaining your existing customers by the introduction of loyalty schemes, small discounts or regular communication to ensure they feel appreciated. While you’re credit checking new customers, why not call your bank manager to remind him/her that you are a valuable customer?

7. Go green:

Make sure you turn off the lights and computers in the office at the end of the day. Not only will you be doing your bit for the environment, but you will bring that electricity bill down.

8. Promote yourself:

If you are in a position to step up your marketing, then do it. One of the first budgets your competitors will be looking to cut will be their marketing budgets, so if you invest now, chances are that you will have more visibility with your target audience than before.

9. Be positive:

Confidence rubs off on others and often that makes a crucial difference. Don’t forget, a can-do attitude and a smile go a long way.

10. Look to the future:

There will be an end to all of this! By working hard and taking the appropriate actions and precautions, your business CAN and WILL survive the recession.

We, at Park City offer advice and support to companies of all sizes, from SMEs right up to large blue-chip organisations.

Not one business is going through this alone. Making changes to help your business weather the current downturn has every possibility of having a positive impact on your business not just now, but well into the future.

Back to News Listing

Need help quickly?

There's a great deal to manage right now - the Furlough Scheme, returning to work safely. Lean on us for helpful guidance. Book a call (it's free) with one of our HR or health & safety experts.

We will process your data in accordance with our Privacy Policy. You may withdraw this consent at any time by updating your preferences.  We make this easy for you by placing a link to your preferences in the footer of every email we send you.

COVID-19 Resources

How to Apply for a grant through the Kickstart Scheme Latest Updates for Working safely during coronavirus (COVID-19) COVID Outbreak Management Policy Fair Redundancy Process Checklist Guide to Creating a COVID Secure Workplace How to manage the holiday season and reduce the risk of losing staff to self-quarantine Cleaning regimes required for a COVID-19 secure workplace Guidance on Face Coverings in Retail and Shops JULY 24TH Summary of Recent Government Updates Kick Start the Economy Government Announcement Updated guidance for outdoor pools indoor gyms, pools and leisure centres Guidance for the Re-opening of businesses and venues from 11 and 13 July Updated Guidance for Working Safely

Five steps to working safely - display the poster to demonstrate you have followed the guidance Changes To Social Distancing At Work from 4th July 2020 Updated Advice: Coronavirus Job Retention Scheme Step By Step Guide for Employers 7 Traps to Avoid When Making Redundancies During Furlough Redundancy During Furlough Easing of Lockdown for Business but does it apply to you? Changes to the Coronavirus Job Retention Scheme - 10th June 2020 Return to Work Safely FAQs Planning Your Return to Work Top Tips to Prepare your Managers Legionella Risks During the Coronavirus Pandemic Coronavirus-related Statutory Sick Pay Rebate Scheme A List of Helpful Returning to Work Safely Resources Coronavirus Job Retention Scheme extended to end of October 2020 VAT on PPE is now ZERO Managers Top Ten Health & Safety Tips Return to Work Safely Toolkit Managing Emotions when we go back to Work Communications Matrix Top Tips for Mental Wellness Keeping in Touch With Furloughed Workers Manager's Guide to Furlough Leave and Wellbeing Staff Survey - Winning on Furlough Webinar: Working from Home and Winning Social Distancing in the Construction Industry Is your PPE Legal and does it do what it claims? Extension of First Aid qualifications 8 Helpful Tips To Promote Home Worker Wellbeing Free Staff Survey: Working From Home and Winning Maintain Safe Working Conditions COVID-19 HR and H&S Management Checklist COVID-19 Staff Announcement Building Entrance COVID-19 Sign Coronavirus and Home Working Guide
Park City Call Back

We will respond to your call back within 24 hours during business working hours

Please enter your name
×
Ask a question and get FREE advice

Juliet Price is the Managing Director here at Park City and has extensive, specialist knowledge in HR, Health & Safety and staff development. Enter your question below and we'll be back in touch soon with an answer!

Please enter your name
 
Please enter your telephone number
Please enter your question
×
Discover how your people truly feel

Dig deeper into underlying issues, spot opportunities, take action and track progress. Listen , review and take action with real-time reports. Download information about the WeThrive product toolbox, our recommended employee engagement solution.

Please enter your first name
 
Please enter your surname
Please enter your company name
Please enter your email address
Please enter your telephone number
×