3 ms·

So for another summer child - What would be an actually good thing for a company to be saying?

• InTheArena 4y ago
  Ironically - two very different things: a) We are managing the company very conservatively and are cutting travel/advertising and projects that are not making money and shifting them to projects that do, and not replacing people who leave unless the CEO or board approves (ie, the do less better strategy) -or- b) We are in trouble, so we are going to address this now by a sizeable layoff, but with generous layoff terms. We will also kill anything that doesn't have a clear trajectory to be sucessfull at runway length * 0.75. Where you want to avoid is in a company that does sequential waves of 5-10% layoff. That means that that they didn't focus enough and are now past V1, without enough velocity to takeoff (https://en.wikipedia.org/wiki/V_speeds https://en.wikipedia.org/wiki/V_speeds). That's when the company suddeny laysoff the vast majority of their workers with crappy layoff terms.
• mediaman 4y ago
  Profitability and low debt. If you're making money and don't owe money, you can't go bankrupt. Of course, profitable companies can become unprofitable, especially in a negative environment, so the more profitable it is, the safer it is. The only thing that stops the timer on the bomb is taking in more money than you spend.