The Layoff 02/05/10 Whats the best strategy for Astrigo? 1) Astrigo should review the contri notwithstandingions of personal credit line units, non people, first. 2) Second, Its not clear what kind of relationship robin redbreast has with his board, but the chairman may be too contrary and Robin too powerless for either one to be effective separately. Assuming Astrigos board has faith in Robin, it should name him chairman. Though I believe in the discrepancy of the chairmans and the CEOs roles in approach pattern business situations, its best to consolidate leadership in a crisis. 3) Third, If the company decides it has no choice but to drive layoffs, we recommend the last-in, first-out option. The termination costs will be demean for less-tenured employees. Moreover, they are often younger and will gestate an easier fourth dimension changing careers; the company will also hold on to its store of institutional knowledge, which will help it grow when the business cycle fin whollyy turns. 4) Fourth, Robin should shake up the administrator committee. Hes not giveting the information or help he needs from anyone but Sushil. In my case, I replaced eight of the 11 people on my team, adding two seraphic faces from another company to take over finance and HR. That guesswork of new blood helped us reconsider and refocus the strategy.
5) Sixed this is a cliché, communication is critical. In my situation at ABB, I matte a heavy responsibility to reach out personally to half a million people around the egg (including the families of employees). I wrote to every worker and related the out-and-out justness: that if we did not turn the ship around together, wed all be out of jobs. I said Id keep them posted. I made it clear that layoffs were the last, worst option, but that if we were to save ourselves, every single one of us would have to come up with ideas for cutting costs. 6) Certainly, I understand the gruesomeness of the situation Robin faces. In 2002, I took over as CEO at ABB, a maker of equipment for power... If you want to get a full essay, order it on our website: Orderessay
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