Is this how to address the current economic crisis?

Scania invests in employee training
IBI Magazine 16 January 2009

Scania, the Swedish manufacturer of marine and industrial engines, trucks and buses, has revealed that it will decrease production and invest in staff development during the current economic crisis.  Rather than having to lay off staff, employees will alternate between work and training days.

"During the immediate future, our production will be substantially reduced" says Per Hallberg, executive vice president and head of production and procurement. "In this situation, however, we are planning to focus on boosting the proficiency of our employees instead of issuing lay-off notices. This is an investment in our core competency, whose outcome will be to make us even better equipped when the market rebounds."

"Human resource development not only means that employees will improve their potential within the company, but they will also strengthen their position in the labour market generally.  The plan is to offer employees training in production engineering and the opportunity to supplement their knowledge of languages and mathematics" says Hallberg.

"By training employees we increase our ability to respond to competition when volume recovers," Hallberg adds. "Employees who undergo continuous professional development feel a greater sense of participation and dedication and help boost our productivity and efficiency. For the future success of Scania, it is important that operational and human resource development go hand in hand."

For more information on Intrinsys training programmes please contact:
Angela Cairns acairns@intrinsys.co.uk or 01908 278650

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