Tuesday, July 23, 2019Posted by Tony LatimerContinuity & Engagement
In tough economic times many companies have to streamline and retrench staff.
I have never met a manager who enjoyed doing that. They are focused on how to select and how to tell people. Concern for the well-being of the people they release and carrying out the process in a human, sensitive manner is uppermost in their minds.
Many are also aware they are potentially vulnerable and worry they could be next. They often feel overwhelmed at how they are going to deliver business results with fewer resources.
Now you are facing the second problem of retrenchment. The people you choose to keep start to leave. Maybe not immediately, but as a result of the tension and uncertainty in the environment, they subconsciously make a decision to leave, then do so as soon an opportunity arises.
Just as the economy is picking up.
The very time when you need them.
Imagine; fresh business coming in, and not enough resources to deliver. Even more pressure on those who are there, and even more considering leaving.
Concern for those who are let go is important, yet as a leader your responsibility is to ensure the business continues.
Look for the article on how to start thinking about how to do that.