When You Must Downsize

In the more than 200 restructurings I have been part of, only twice have I seen someone move too fast.

Screw-ups 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!