In an era of quiet quitting and widespread layoffs, how do leaders attract and retain top talent? First, they let go of the idea that they'll do it alone... Join us for our free workshop, Attracting and Retaining Talent, to learn more: https://lnkd.in/g5R32u8s #leadershipinsights #culturematters #compassculture
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As you know, if layoffs are handled badly, that news spreads fast. However, if top executives—or a beloved leader—leaves on a productive and positive note, you’ll have made an important step forward in managing your reputation and preserving your culture. We’re exploring the impact of separations and the value of outplacement in this article: https://lnkd.in/dk93j9Eb #NavigateForward #HumanResources #TalentManagement
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CEO | Career Transition Expert | Advisor to CEOs and CHROs | Passionate about Developing Talent and Board Readiness
As you know, if layoffs are handled badly, that news spreads fast. However, if top executives—or a beloved leader—leaves on a productive and positive note, you’ll have made an important step forward in managing your reputation and preserving your culture. We’re exploring the impact of separations and the value of outplacement in this article: https://lnkd.in/gUubMi9d #NavigateForward #HumanResources #Outplacement
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Navigate the Difficult Waters of Layoffs with Dignity and Strategy. HBR's latest guide, 'Layoffs That Don't Break Your Company,' offers ethical, actionable insights for a challenging process. #Leadership #HRMatters
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Ask Sanyin: What’s the Right Way to Carry Out Layoffs?: We are going through an organizational transformation, which will involve a workforce reduction. How can we do this quickly and efficiently? It’s tempting to deal with a difficult situation by getting it over with and moving on. But leaders making decisions that have a significant impact on employees’ lives should aim to be thoughtful and […] http://dlvr.it/T7wmdf
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Founder & CEO @ Hue | Purpose-driven Community Builder & Growth Catalyst | Keynote Speaker, Author, & Creator | Board Director & Advisor | Ad Age 40 Under 40
A company isn't a family. As layoffs and hiring freezes continue across the country, this should be a clear reminder. 👉🏽 At their best, companies can function like a #community - and they should strive to make a positive impact for their communities. 👉🏽 At our best, each of us can contribute and make our voices heard. It's the only way we'll build the future we want to see. What do you think? Let me know in the comments. #leadership #culture Hit "Follow"☝🏽️ on this post to see more from me, Fahad Khawaja. 👉🏽 Drop a comment below and hit "Repost" to create change and spread the word.
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Leaders, are we sending the right message and taking right actions as part of lay off strategy ? Thoughtful leadership is critical in navigating the challenging terrain of layoffs. Employees are not only exiting partners in your business — they are future clients, customers, and competitors of your business. Treat them as such. By avoiding these six common mistakes, you can ensure you treat people with compassion, dignity and respect when it’s needed mostly #layoffs #layoffcommunication #layoffannouncements
6 Mistakes Leaders Make When Announcing Layoffs
hbr.org
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“Consigliere・ɘɿɘilϱiƨnoƆ” Autonomous consultant for your MarCom challenges, Business Operations Audit and ISMS Certification Audit. ALWAYS curious. ALWAYS interested. Visit/join my LinkedIn group adJAPÓNica.
Layoffs are trauma-inducing for an organization and its employees. When handled badly, some people (and organizations) never fully recover. Leaders make six common mistakes when communicating layoffs: 1) They’re not transparent about the state of the business; 2) They’re not clear on the path forward; 3) They don’t get the tone right; 4) They don’t offer remaining employees the opportunity to ask questions; 5) They don’t bring middle management on board; and 6) They don’t show appreciation to departing employees.
6 Mistakes Leaders Make When Announcing Layoffs
hbr.org
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Executive Strategic Growth Leader | VP Global Marketing | Passionate about Clean Energy and Manufacturing
The media delight in giving the news of the next rounds of layoffs and debating whether this was done well or otherwise. One thing that can be said is that there is much discussion surrounding the 'right' way. Most of this discussion is centered around doing the right thing for the employee that is let go, and of course this should be done with compassion. What is not often considered is the long term health of the business regarding the employees that are left. Of course, we feel for those that are affected; however there is certainly a toll to be had on those that remain - and a good strategy will support those keeping the ship right, on course and all employees engaged. When business starts to increase again, and the company needs to hire, companies that have soiled their reputation of 'bad' layoffs may well struggle to hire. They may end up paying over market value, while still not getting 'A' level talent, as this looks elsewhere. Layoffs are never easy for all involved. This article recommends the following 6 best practices to follow; 1️⃣ Be transparent about the state of the business 2️⃣ Be clear on the path forward [or what you know at that time] 3️⃣ Make sure it's communicated in the right tone (Get it checked!) 4️⃣ For those that remain, ensure all their questions are answered 5️⃣ Bring middle management on board 6️⃣ Show appreciation for the employees that are let go. The last one is key. Show appreciation, not just to the employees themselves, but about them to the people that are left. This gives those that remain the confidence that they are truly valued. #leadership #difficultdecisions
6 Mistakes Leaders Make When Announcing Layoffs
hbr.org
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Despite increasingly positive economic data — slowing inflation, low unemployment, and a seemingly nonexistent recession — the new year has started with daily announcements of layoffs. For those in this unenviable position, please read my Harvard Business Review article, 6 Mistakes Leaders Make When Announcing Layoffs: ➡️ They're not transparent about the state of the business. ➡️ They're not clear on the path forward. ➡️ They don't get the tone right. ➡️ They don't offer remaining employees the opportunity to ask questions. ➡️ They don't bring middle management on board. By avoiding these six common mistakes, you can ensure you treat people with compassion, dignity and respect when it’s needed most. What is your experience with layoffs? 👉🏼 Please add your insights in the comments below. My thanks to Angela Stopper, Ph.D., Evelyn Rodstein, and Jennifer Schwartz for adding their expertise. #layoffs #careers #leadership #risk #ethics #compliance
6 Mistakes Leaders Make When Announcing Layoffs
hbr.org
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Today, layoffs have become companies' knee-jerk response to less-than-stellar earnings reports and pressure from increased competition. Yet studies show they often backfire on senior leaders, causing long-term damage despite short-term gains. This insightful piece from the Harvard Business Review dives into practical strategies for navigating shifting workforce demands while ensuring fairness and support for team members in transition. https://lnkd.in/dpMHTnh
A Better, Fairer Approach to Layoffs
hbr.org
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