It is critical to motivate people to stay during a business crisis. Once that is done, the hard work to cut costs and keep the best people really begins. Part Two of this book presents the headcount solution. In it the reader is taken through the seven steps necessary to survive the crisis and thrive in the future:
Step 1: | Prepare Your Organization for What’s in Store |
Step 2: | Plan for Three Rounds of Cost Cutting |
Step 3: | Decide Whom to Cut and Whom to Keep |
Step 4: | Implement Across-the-Board Cost Cutting (Round 1) |
Step 5: | Implement Alternative Work Arrangements (Round 2) |
Step 6: | Implement Layoffs (Round 3) |
Step 7: | Help Survivors Get Back to Business |