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:

  • Objectivity

  • Objectivity

  • Objectivity!

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"The cost of downsizing, re-sizing, or right-sizing eclipses what it would have cost to unleash the pent -up leadership already inside the organization."
– John Hoover
 
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