bci brexit event - lynne donaldson
TRANSCRIPT
BREXIT: Analysing the impact of change
Prepared byLynne Donaldson
Corpress LLP
©Corpress LLP 2016
For Business Continuity:
What are the implications of a vote to leave from a human resources perspective?
What other people challenges does the referendum present?
2©Corpress LLP 2016
Fundamental principle of the EU is free movement of people
•Access to skills and talent is a strategic issue for organisations•Could there be a less fluid movement of skilled and non-
skilled labour from the EU?
3
Skills and Talent:
©Corpress LLP 2016
• Implications: ₋ Recruitment ₋ Productivity₋ Process₋ Cost
Employment Legislation
4©Corpress LLP 2016
• Likelihood of change?₋ Quick wins, “leave” status, legal integration
• Implications₋ Expectations, managing change, HR strategy
5©Corpress LLP 2016
One thing is for certain: uncertainty•Employee perspective•Distraction, concern,
change…₋ Organisation₋ Personal₋ Colleagues₋ Doing the job
•Specific to the nature of the organisation•Employee engagement: communication, facts, feedback
pre and post referendum
6©Corpress LLP 2016
The unknown: emotions & politics
•Close vote: persistent uncertainty•Emotional engagement over 4 decades•Cohort expectations•What other people issues are there for BC?
•How integrated is my organisation into the EU?•What specific exposures
does my organisation have?₋ Can these be quantified?
7
Some “People” Questions for BC:
©Corpress LLP 2016
•Who in my organisation understands our people risks?•What will concern our employees and contractors? •What are the people exposures in our supply chain?•What does my BC Brexit people plan look like?
Lynne Donaldson
+44(0) 7910 643458
www.corpress.uk
Follow @corpress
8©Corpress LLP 2016
Contact