The only thing worse than reducing your workforce is notifying people who felt they were safe. I examine an ugly example of a layoff gone wrong and three lessons learned from the experience.
History is our best teacher for how to proceed in a crisis. In this article, I examine my personal experience with a home builder during the credit crisis to demonstrate how leaders can act today.
Conventional wisdom states that leaders should zig when others zag. But is this advice prudent when it involves the safety of your team? When your decisions impact the well-being of others, lean instead on the wisdom of crowds.