Should you reduce an executive’s role instead of firing them?
Reduce an executive’s role only when a genuine business need remains and the revised job can be made workable.
From the journal
Reduce an executive’s role only when a genuine business need remains and the revised job can be made workable.
Announce layoffs with a verified business reason, a clear account of the process, and confirmed next steps for affected people.
An outcome-and-support review for deciding whether to continue a correction plan or seek advice on an executive exit.
Address an executive’s missed expectations by naming the required outcome, the observed gap, and the next review.