Firing Tag Archive

Be honest and direct when firing people

(Excerpt from The Ride of a Lifetime by Robert Iger) FIRING PEOPLE, OR taking responsibility away from them, is arguably the most difficult thing you have to do as a boss. There have been several times when...

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Fire once and not gradually during a downturn

(Excerpt from “How To Keep Your Company Alive – Observe, Orient, Decide and Act” by Steve Blank) Carpenters use the aphorism “Measure twice, cut once.” The same applies to layoffs. In every downturn...

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Make do with the people you have initially but clear out mediocre employees as you grow

(Excerpt from Whatever It Takes by Stephen Schwarzman) Even when you are small, though, and your resources most constrained, finding the right people is the most important thing you can do. You typically won’t have...

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Firing employees

(Excerpt from Principles by Ray Dalio) Don’t collect people. Firing people is not a big deal—certainly nowhere near as big a deal as keeping badly performing people, because keeping a person in a job they are not...

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