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When a market like this turns, in order to survive, it is critical to redefine what success is going to look like for you – and your employees, and your investo
by rpgmaker 11y ago
When a market like this turns, in order to survive, it is critical to redefine what success is going to look like for you – and your employees, and your investors, and your other stakeholders. Holding on to ‘old’ ideas about IPO dates, large exits and massive new up rounds can ultimately be demotivating to your team.
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Stop worrying about morale: Yes, you heard me right. I can’t tell you how many board meetings I’ve been in where the CEO is anguished over the impacts on morale that cost cutting or layoffs will bring about.
With these prospects, I wonder how will these CEOs keep all those underpaid and highly skilled young laborers working for him/her now?