RPO and Talent Management Blog by Ochre House | Ochre Talk

So now that date is set…

As the date for the general election nears, I am fascinated to see how all the major parties are dealing with the issue of the economy. For the first time in decades, neither party can do anything by way of offering handouts or incentives to win votes as all are confronted by the enormity of the national debt. The degree of constraint is quite unique and it isn’t yet clear to see how the competitors will differentiate themselves in their strategy to return the economy to solid growth. It will certainly be heated though, as the risks are still extremely high of a return to negative growth and division in opinions is starting to emerge.

In the same way, today is a new financial year for many organisations and the first time in a while that the business will be expecting growth in the coming year. With caution still rife though, and speculative investment probably not on the agenda, there is a huge challenge facing businesses to build muscle in areas that have only known rationalisation for the past two years or so. 

So how is your business approaching  this financial year and more importantly, how is HR budgeting for this year?  With confidence? With investment in talent? Or, as is the case with the next chancellor of the exchequer, are you being asked to limit further damage and make the best with what you have got? We are very keen to hear…

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