Attaboys are not enough …

Chief Executive magazine recently carried an insightful article furthering our conversation about the value of employee engagement.The CEO plays a major role in endorsing and support this effort. One way is to follow the Rules of Operational Excellence, which are summarized below:Establish clear objectives and metrics to measure performanceSet a…

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How to manage layoffs

financeCFO Magazine recently published an article about “How to Talk about Layoffs“. It includes some valuable anecdotes about layoff processes that don’t work.
Here are several key themes that bear repeating:

  1. No amount of employee communication is too much. Most business leaders assume employees know much more about strategy or financial challenges than they do. Head off greater problems by keeping everyone informed about what you’re doing and what you’re thinking. (more…)

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Save money – save jobs!

I reported recently on the trend toward cutting costs without cutting jobs. BW expands upon that concept focusing on mandatory vacation and voluntary leave. I have recommended that to several clients to consider offering unpaid leave to employees. I think you will be be surprised to learn that there are…

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Get home right now!

BW reported this week on the accelerating trend toward home offices. Even such office-centric firms as BDO Seidman are finding ways to save money by encouraging home offices - and outfitting at company expense. Capital One - health care companies - and others are cited for recognizing the cost savings…

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