Fire First, Agonize Later
Posted by George Cloutier on 10/29/09 | (7) Comments
Bread gets stale and milk goes sour. So does an employee’s performance. The biggest mistake owners make is trying to rehab employees. Forget it. Identify the prospects who want to perform and can contribute to your bottom line. You may have to hire five to get one, but it’s worth it. Owners agonize for days and weeks over layoffs for any reason. Fire first and agonize later, because every day you wait can cost your hundreds of thousands of dollars in the long run.
This is your opportunity to get out there and find a star performer who can bring up sales or find a hundred little ways to cut costs. Everyone’s expendable, and there’s always someone out there more qualified for a position and more eager for the chance to excel.
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