Firms urged to maximise human resources after COVID-19

Firms urged to maximise human resources after COVID-19

The forum, organised by Appota Group, aimed to provide a new vision in human resource management when the pandemic ends.

Viet Nam has controlled the novel coronavirus pandemic well. This is a pre-condition for the country to recover its production and economy.

According to a recent report from the Ministry of Planning and Investment, more than 18,600 firms closed down while 12,200 others were waiting for dissolution procedures in the first quarter of this year.

Another figure from the General Statistics Office revealed that nearly five million labourers were affected by COVID-19. The figures have caused concern for both business owners and workers. The question was how to maintain human resources and encourage them to overcome the difficult period.

Phan Son, a specialist from HRD Academy, said COVID-19 had caused enterprises’ revenue to fall sharply, pushing them to cut spending. However, costs for human resources should be the last factors subject to cuts.

Nguyen Dinh Thanh, co-founder of Elite PR School and managing director of CSCI INDOCHINA, said firms should maximise their money flows to ensure operation but not reduce the workforce.

“If they are forced to cut people, they should base this on effectiveness at work of each labourer to have a suitable solution,” Thanh said.

Business owners should make preparations and ensure information transparency while establishing prevention funds for such situations.

Experts believed that the way of interacting at work will include a combination of both online and offline methods after the social distancing amid COVID-19.

He said the change in the current working environment has required labourers to have specific targets at work. This would be an opportunity for Vietnamese businesses have better management as they have not been good at assessing work.

Thanh Nam, co-founder of FUNiX University, said a close process would help people work effectively.

A good corporate culture would contribute to creating solidarity and sustainable development amid COVID-19, he said.

He added that the pandemic would be an opportunity for labourers to recognise their ability in doing different jobs and projects at different companies.

“The country's labour force will make better use of it. This trend is currently quite developed around the world. This moment has created a new opportunity, a new era in building a new working culture,” he said.

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