Publish Date
May 06, 2020
Pivot to Recovery: Five Priorities for Chief Human Resources Officers
Service / Industry: Human Resources M&A Consulting Services
As the COVID-19 crisis begins to weaken globally, companies are beginning to discuss how and when to re-open facilities and bring employees back to work. This pursuit is not as simple as unlocking the doors and calling employees to return to their jobs. Chief Human Resource Officers (CHROs) face a variety of strategic decisions as we pivot our companies from crisis to recovery.
Companies have looked to their CFOs – their cash czars – to preserve liquidity during this crisis. While cash management will continue to be a theme as we move toward recovery, the CHRO will play a critical role as companies balance managing liquidity with flexibility to optimize revenue – which is ultimately driven by employees.
Read the full article to discover the five priorities that should be top of mind for every CHRO, as businesses prepare for the “new normal” post-COVID-19.
Authors
Leslie Nielson
Leslie Nielson is a Managing Director with Alvarez and Marsal and leads the firm’s dedicated Private Equity Performance Improvement Human Capital M&A practice.
Wendy Hallmark
Wendy Hallmark is a Senior Director with Alvarez & Marsal’s Private Equity Performance Improvement group in Houston. She is dedicated to its Human Capital M&A practice and specializes in pre-acquisition due diligence, synergy modeling and carve-out stand-alone analysis, as well as post-acquisition merger integration, carve-out stand-up and synergy capture.