Due to economic uncertainties and changing business landscape, most organizations had to cut down on costs, relieve non-critical employees, and operate with limited resources. Furthermore, the growing demand for niche skilled resources and skill shortages have resulted in understaffing.
When understaffed, organizations may overutilize existing resources, leading to stress, burnout, compromised work quality, high turnover, revenue loss, etc., and negatively impacting the firm’s overall operational efficiency. Therefore, implementing appropriate resourcing measures will enable organizations to stay profitable, sustainable and maintain a competitive edge.
