There are more than a few executives, customers and analysts standing around squealing, “What were they thinking,” now that some of the layoff impact is being felt downstream of the layoff activity.  NPR covered a story regarding Extreme Downsizing and how it could take years to recover. The cuts were ‘supersized’ to include 20% of the workforce. The Buzz at CNN Money  is showing that burnout is or can hit the people remaining at these companies, because production expectations were not reduced along with the staff that were cut.

We see good companies go into their layoffs with laser focus and critical decision making.  It takes strategic thinking and only slightly more time at the critical assessment level than a slash and burn approach to layoffs, but it pays off for YEARS.   read more »

What has the succession department and teams looked like at BP for the last few months?  I am sure they have been busy and they were not proactive, it has been excruciating painful to live in  their shoes.  It was apparent early on that the public would want to see somebody at BP personally pay for the gulf disaster and as Hayward became a repeat offender of the ‘foot in mouth award’, it became obvious that no matter how well he runs the company, he was going to go.

But besides all the rabbit holes we could go down for that specific topic, let’s talk about the needs for succession planning.  Do you think that 6 months ago BP thought they would be discussing the replacement of their CEO this summer?  Do you think that there is only one person being replaced at BP? – NOT  What about the people that specifically managed the work around regulations to avoid building a relief well?  I would bet these less visible positions will be turning over quickly too. read more »

An ardent supporter of mentoring programs, Lois Melbourne reveals the secret to ensuring successful mentor-mentee matches and explains why corporate mentorship programs are more important than ever to organizations. Discover how she has shaped her own career and taken her company global with lessons learned as both mentor and mentee. From students to entrepreneurs, mentors and mentees, Lois shares the benefits of this enriching personal development tool.

When we were together at #HREvolution in Chicago this Spring, Paul Hebert, @incentintel, led a session with Jason Seiden with the objective of discussing how to influence people.  I found an interesting twist to the conversation that I have not been able to get out of my head for the last couple of months.  So, I have been reading and thinking and watching with this topic in mind.  I feel that my thoughts might be helpful for some.

The topic about influencing continually moved to compensation and incentives.  I believe some in the group had a very different perspective of these terms then I did. And, if I am going to develop myself and my managers as good leaders at Aquire, I need to figure out why!   read more »

More workers quit their jobs than were laid off in March. Wow. I was a little surprised when I first heard this statistic. Then I thought about it and realized what this means for talent management and workforce planning – it’s no time to be on auto-pilot. We’d better be working on strategies to keep the talent we already have as companies begin to hire again giving employees more choices in employers.

Let’s admit it – there’s been a buyer’s market for talent the past two years (when there’s been any hiring at all) resulting in a class of “underemployed” – laid-off overqualified types who were willing to trade in a title or a bit of salary in exchange for benefits. Even tenured employees who have been denied promotions or raises during hiring freezes and layoffs can be counted as underemployed. I recently read more »