HR Under Pressure to Cut Costs? Know How to Protect What’s Important

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As the impact of the COVID-19 coronavirus pandemic spreads, HR leaders — like all functional leaders — face pressure to cut costs, but it’s critical to avoid a knee-jerk response. A strategic prism must trump ad hoc urgency, because the way you manage your cost decisions now will determine how well you sustain performance during this crisis and emerge as it passes.

Gartner has long positioned cost optimization as a strategic approach to cost management, designed to deploy capacity to critical initiatives and deprioritize initiatives with lower strategic importance — in short, a means to fund innovation and growth. But

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