Items Tagged with 'firing employees'

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Fire 10% of Your Employees Every Year

Jack Welch, the former chairman and CEO of General Electric, offered this advice for improving a company: Fire 10% of your workforce every year because their replacements would result in an annual upgrade of the workforce.
Try these 6 tips to build a better team, including hiring people who are better than you.
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Managing the Store

You’re Fired!

Deal with employee problems directly and privately to preserve morale and earn respect as a leader.
Deal with employee problems directly and privately to preserve morale and earn respect as a leader.
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Managing the Store

You’re Fired!

Deal with employee problems directly and privately to preserve morale and earn respect as a leader.
I’ll be the first to admit that I’m not good at firing someone. When I worked at a dealership, the employees all knew when someone was “getting the axe.” About a week before it happened, I went from being upbeat and outgoing to somber and reserved. It was very easy to tell something big was coming down. If you’re an empathetic type, you think about the impact your actions will have on the person and family.
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