Workforce Reduction…

Workforce reduction is not an operating strategy...Regrettably, tough economic times are often the precursor for ushering in massive rounds of corporate downsizing, rightsizing, layoffs, corporate restructurings, and the like. Reducing headcount in an economic downturn is almost a Pavlovian response for many executives. It's as if workforce reduction is priority number one in some corporate…

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Employee Retention

Employee retention discussions are often reserved for burgeoning economic times when competition for talent is high. Therefore it holds true that during tough economic times, when unemployment is high, employee retention quite frequently just gets ignored. Today's Myatt on Monday's question comes from a CEO who asks: "In a post earlier this month ("Workforce Reduction") you criticized CEOs who…

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