The Art of Laying People Off
Reader Comments
| November 20, 2008 |  View for printing |
I hope that you never have to lay off or fire people, but the reality is that you will as you advance in your career. If you are scoffing (“Guy, you are clueless: We’ll never downsize, because we’re growing so fast, and I’ll never make a bad hire”), then you’re my intended reader.
Guy Kawasaki of How to Change the World
Full Story: http://blogs.openforum.com/2008/11/1 ... people-off/ 
Reader Comments:
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I agree that some businesses will face downsizing at some time and most businesses have made bad hires in their past. The list in the full blog is accurate and I am sure that the book is informative. Why, however, should business continue with the status quo? Business in this next century needs to look at the impact of assessing not only future hires, but current employees. Psychometric assessments take hiring/promoting success rates from around 14% to 75%. Yet, most small to medium size businesses not only do not use them, they do not know that they exist. At a recent speaking engagement, I asked over 40 Human Resource Managers how many of their companies used assessments for hiring and promotion. Only one hand went up. After the presentation, one person came to me and said that their company has over 300% employee turnover and that her boss said that is okay, "we're used to it." When I dollarized it for her, she left with the ammunition that she could save her boss nearly $200,000 this next year by cutting that turnover. I think he could 'get used to' that. You, as an employeer, have only two bites at the turnover apple: when you hire and improving people you already have. Determine who your top performers are, benchmark them, and hire more people just like them ... by assessment. (Even if you need to downsize to go forward, assessments can help you decide who to keep and give you legally defensible action steps to do it). Assessments are unique because they are reliable, they are objective (not subjective), are inexpensive, and are monitored by the U.S. Dept of Labor. Most large companies use assessments. Small and Medium business can get in on this valuable way to increase revenue and improve leadership. You can read a book, you can go to a seminar or you can take action and do something that will impact your business and its success on a permanent basis. Rich Hayes CEO, TR Hayes and Associates Workforce Crisis Solution Experts 206 Cooper Drive Cascade, Montana 59421 Bus Ph: 406-468-9882 Cell: 406-218-9745 trhayesandassociates.com richardahayes@3riversdbs.net |
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