ARTICLES
Written By Rich For You.
Fire The CEO! That Will Never Happen.
Instead of firing the people who make your products, it's high time we focus in on the actual people making the bad decisions.
Read this today: "IBM Corp. this summer will lay off hundreds of workers in the Hudson Valley region as part of a $1 billion company restructuring that could cut as many as 8,000 jobs worldwide." (link) The truth: Bad management decisions by the top impact the hard workers under them.
It happens time and time again - when the same cast of characters - The Board, Chairman, CEO, President, CFO, CMO, CIO, COO, CSO, (and many others) make decisions which are either good for Wall Street (to get that pennies per share price up) or good for them (so they can hold onto their jobs for another year).
It's the typical corporate country two-step - instead of innovation and growth - they focus on swaying to the gyrations of factory/office closings and staff reductions. Make a bad decision? Time to start firing up the guillotine! Instead of realizing that THEY (management) have made serious miscalculations of the market/their customers/their competition, they continue on in their role (with HUGE bonuses) while they slowly eviscerate the organization from the inside out.
Think of what IBM used to be (i.e., the Watsons) where they took bold ideas, acted upon them, and led the industry. They picked up on the PC, Laptops, Operating Systems, Enterprise Solutions, etc. What happened?
Why isn't IBM in mobile computing? They used to be a leader. Answer: Short sighted vision and watching-their-butt management. What can benefit management in the short term (just to get another year or two of outrageous bonuses) or playing the market so they can leave and land at their next gig (and do the exact same thing over again). I would love some news organization to start up a Bad CEO database so we can see where they turn up next — we can track them like Lo-Jack for executives.
And before I begin receiving rebuttals . . . I know . . . there are companies who are doing it the right way, IBM and other companies are reacting to industry changes, etc. I just find it's sad to see a leader in American technology lay off 8,000 workers. That's a LOT of good people. Also, I don't hate CEO's — I just hate BAD CEO's. And we all know who they are.
When Someone On Your Team Quits.
It happens all the time. As a manager of people for over 20 years, I learned a lot of basic rules how to hire, onboard, manage, lead, motivate, layoff and sometimes fire my staff.I saw my colleagues consistently fail in just one area — when someone on their team gave their notice to leave. So I have some tips on how to handle it and make it a win-win-win for you, your soon-to-be leaving colleague, and the company.
It happens all the time. As a manager of people for over 20 years, I learned a lot of basic rules how to hire, onboard, manage, lead, motivate, layoff and sometimes fire my staff. I saw my colleagues consistently fail in just one area — when someone on their team gave their notice to leave. So I have some tips on how to handle it and make it a win-win-win for you, your soon-to-be leaving colleague, and the company.
Trust me — if you deviate from any of these tips, things might get messy:
- If you surreptitiously find out ahead of time, don’t approach the person. Let them come to you. It ensures that you handle the interaction formally and allows the person to do it on their time.
- When the person meets with you they will probably want to do the talking. Many exiting employees sometimes hand you a formal letter to read (and that’s fine). Let them talk and get it out — this is very hard for people to do. Shut up and let them speak.
- When it’s your turn to reply — this might be hard — I want you to effuse positivity. Why? Positivity changes the whole situation from a fight, disagreement, bad situation instantly into a plus for you.
- They’ve already made the decision to leave. Whatever the reason (you, pay, the environment, the work, etc.) there’s usually nothing you can do about it. Don’t fight it — embrace it.
- Be their cheerleader. Turn a possible bad situation (maybe they didn’t like you) into a good one by asking how you can help them. A recommendation letter, a good word, flexibility with the transition — reach out to them.
- Reckon back to when a boy/girlfriend broke up with you. The best way to handle it is to remain positive and agree with their decision. Again, they’ve already made the decision to leave. Your positivity will keep them a little off-kilter and plays well for you.
- Don't take it personally. 95% of the time it's not you, it's something else.
- It’s also important for your reputation. Some people might look at this as a wound to your organization (peers especially take glee in this) — the more positive and planned your response is — the better it will be seen by your team, peers, and management.
- Try to nail down their transition plan — how long they are staying, what will they wrap up, what they are responsible for, who they will instruct on any outlier projects, etc. Even though they agree to a set amount of time (at least two weeks) it’s usually a lot less in reality.
- Come to the conclusion they are gone right after they leave your office — it makes it easier that you have no unreal expectations when they leave early, call in sick, or come in late. Face it — in their mind, they’ve gone. This helps you set a focused mindset on transition immediately.
- Set communication parameters before the meeting ends. They are leaving — you are staying — so it’s best if you immediately communicate to your superior and get a transitional message out to let the rest of the team/organization know.
- Do you have an approved and in-place succession plan for your team? If you do — contact the person immediately to discuss their good fortune ASAP. If you don’t, time to make the donuts — make one, get it approved, and stick it in a drawer for future use. You will thank me. Another tack is to communicate to your team immediately and see who steps up to fill the void. You might be surprised.
- Let your superiors know ASAPbefore they find out from someone else. Let them know you have a plan in place:
- No replacement - the remaining team absorbs all responsibilities.
- Reorganization - this is a blessing in disguise — you can change the structure immediately.
- Internal replacement - someone from the team or organization.
- External replacement - time to get HR involved and get the resumes flowing in.
- This is a hard one — but it works: When they leave your office, get it in your head — they are already gone. Start making plans immediately and work with your team to fill the vacuum. Start de-listing them from future meetings — candidly, they will not be very important to the future proceedings and sometimes they become an irritant.
- Don't ever trash-talk them after they give their notice (this happens ALL the time). This is a common and rookie mistake. Talk them up, make it sound like this is planned, and is a good thing. Be professional.
- Make sure HR is involved at all junctures. Some people do weird things when they give their notice. They suddenly try to sabotage projects or down-talk the company since they have a better spot to jump to. If you see this happening, release them immediately. In any event, start the process of disengagement with HR. It's their job and they’re really good at it.
- Celebrations/Get-Togethers are up to you. Try to have it off-site at a restaurant/bar so you can attend and have the ability to dis-engage when you want/need to. Again, be positive to keep the new momentum going.
Smile — just think — someone better might be right around the corner.
I’ve only touched the surface on this topic - what other tips do you use when people leave your organization?
Hiding Is Not Good For Your Career.
During times like these, most executives tend to worry if the axe will be falling near their neck. So what do they do? They power down, think small, take no risks and ensure that they don't appear in anyone's crosshairs.
During times like these, most executives tend to worry if the axe will be falling near their neck.
So what do they do? They power down, think small, take no risks and ensure that they don't appear in anyone's crosshairs.
Unfortunately, this not only does nothing (if they choose, they're going to fire you anyway), it can actually hurt your career.
Why might you be next to be laid off in this economy . . . let's look at the facts:
- You make too much.
- You make too little.
- You're working on a low-level or non-strategic project.
- You're working on a high-level, very strategic project.
- You've worked much too long at that company.
- You are the last one hired, first fired.
- You're boss doesn't like your face.
What am I really saying here? Firing is capricious. It can happen for a number of reasons and most (if not all) of them have nothing to do with your performance. The reality is: 99 times out of 100, mass firings are due to bad planning by management, not by you. And they have to move fast, cut deep, and recover quickly to SAVE THEIR OWN NECKS. Or they will see the axe coming around the conference table for them.
SO . . . what am I REALLY saying here? In times like these, it is in your best interest to STEP OUT OF YOUR COMFORT ZONE. Don't hide.
For example . . . Take a little risk:
- Speak up at meetings. Let people know your point of view.
- Have strategic lunches — meet with key executives inside and outside of your company.
- Ask for more work — but choose carefully — get on that key project.
- Make it a point of bumping into higher-ups and building relationships with them.
In times like these, companies have NO IDEA what to do. They're juggling all the balls in the air and NO ONE wants to catch one. They just keep juggling and praying they don't drop one.
Smart executives that are go-getters take advantage of this craziness and grab one of those balls. So . . . time to grab some balls.