Archive for December 2023
Cost Cutting Creates Opportunity
I’ve seen this before. The first round of payroll cuts eliminates the low producers. The next cuts are interesting. They drop high-cost, high-producers, who have a reduced chance of success. We’re there. I’ve come across a flurry of high-priced turn-around specialists who were released, without notice. This wasn’t their failure to perform. Generally, ownership couldn’t…
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