In the more than 200 restructurings I have been part of, only twice have I seen someone move too fast.
Pitfalls to avoid:
- Moving too slowly
- Not cutting enough
- Making decisions based on friendships
- Sacrificing your stars or keeping your stars too long
- Not redefining jobs
- Not retraining valuable employees
- Not communicating the whys of your decisions
- Not helping the survivors grieve and then move forward
How I help:
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Objectivity
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Objectivity
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Objectivity!
