Tim Lawson

I was recently asked “Why is efficiency, cost cutting and revenue generating more of a focus in tough times? Shouldn’t this be good business practice ALL the time?”
This is my answer:
In difficult times, depending on your sector, growing the top line organically can seem like very hard work, even impossible. This means that management teams [...]

Do you believe that making experienced staff redundant would help your organisation achieve cost reduction goals?
On the face of it, the last to go in an economic downturn situation should be the highly skilled, experienced resources as they will (should) be:

of great, demonstrable value to the organisation
and would cost an immense amount to replace [...]