Balancing The Budget And Employee Morale
When times get tough, most executives move to cut costs, reduce resources and shore up company savings. And while focusing on financial issues in the short term is important, this is often done at the expense of the long-term health of the organization. In a weak economy, it’s of critical importance that leaders practice “giving back” to the company culture, even as things are being taken away. In our experience, it’s deflating and demoralizing to a workforce when things are only being taken away and nothing is being put back in. Leaders often underestimate the level of upset brewing among staff and even misread the fact that people are not complaining to mean that they […]

