Dear Madeleine, I am an executive leader for a giant global organization. Last week, massive layoffs were announced. I have a team of twelve direct reports with hundreds of people reporting up to them. I don’t know every person, but I know a lot of them. Layoffs are going to be devastating for these people.…
Years ago, business owners were asked, “If you had to choose between a fire that wiped out your facilities versus having all of your people quit and walk out at the same time, which option would you take?” Almost everyone said they’d rather lose their buildings and equipment because to rebuild their human organization would…
Join Dr. Dick Ruhe, Senior Consulting Partner and co-author of Know-Can-Do right here on LeaderChat beginning at 10:05 a.m. Pacific Time for a 30-minute Q&A session. Dick will be stopping by immediately after he finishes his WebEx sponsored webinar on We’re Still Here … Now What? In this special event, Dick will be sharing six…
The debate between what’s better for company’s experiencing a downturn in sales, layoffs or pay cuts, continues to draw differing opinions. In today’s US edition of The Wall Street Journal, columnist Cari Tuna reports that while 65% of companies resort to lay offs when faced with economic short falls, a growing percentage are choosing mandatory…
Some new research from Watson Wyatt, a global consulting firm which specializes in human capital and financial management offers some indications that a bottom to today’s turbulent work environment may be in sight. In a February 2009 report on the Effect of the Economic Crisis on HR Programs researchers at Wyatt report that the majority…
We just published the results of our annual corporate issues survey. This year’s survey shows that executives and company leaders are somewhat optimistic that the US economy will rebound in 2009. Following the 2008 slowdown that has crippled economies around the world, over 70% of those surveyed expected the economy to begin its recovery sometime this…
What would you do if you were faced with having to cut payroll costs by 10% to survive in today’s tough business environment? Would you eliminate 10% of your workforce, or would you have everyone in the company take a 10% pay cut? That’s the choice that many companies are facing today. The Ken Blanchard…