by
slubetkin | February 27, 2009 at 07:46 am
450 views | 6 Recommendations |
2 comments
Companies may think that layoffs help reduce costs, but they often forget about the toll layoffs take on the employees left behind, according to time management and organizational development consultant Kenneth Ziegler. Ziegler is the author of numerous articles on Time Management, Productivity, and Work / Life Balance for such newspapers as
The Washington Post, NY Post, and
Charlotte Observer.
Most RecentMost Recommended Comments (2)
at 12:55 on February 27th, 2009
As bad as managers have been in my experience, the only thing many of them know how to do is to get a job that they are not qualified for in the first place.
Little shock then that they don't know what they have wrought in laying off more workers than would be appropriate and not taking pay cuts for themselves to keep the workers that are needed to really do the job.
at 17:56 on February 27th, 2009
The negative legacy that layoffs leave to employees left behind has been so widely studied and substantiated over the last 25 years that it's amazing to me that the knee-jerk action of getting rid of workers still exists.
Corporate execs don't just layoff for reasons such as the current, global economic crisis.
In better times, layoffs still occurred to 'improve the bottom line', 'do more with less', 'increase productivity', 'work smarter', and the catch-phrase list goes on and on.
Companies that truly thrive do a number of things to weather the ups and downs of business cycles or plan for unforeseen circumstances: they know the value of their workforces and treat people accordingly as a best practice; they plan for leaner times as part of a risk management strategy; and they layoff as a last resort.
While the financial downturn has been fast and drastic, it was not without obvious warning signs. The best companies heeded these but we don't hear about them. Perhaps if we did, we could create a different standard by which to gauge a 'successful' enterprise.