CEOs trapped by groupthinking
Channel: Jessica Kriegel - Culture Leaders
Date: 2023-11-28

Why the rush to cut teams? I tackled this in a recent talk and here’s the scoop!

It’s groupthink!

CEOs are seeing others do it and thinking, “Should I be doing this too?” But here’s the catch – it’s often a misstep. Data shows that companies that steer clear of mass layoffs before a downturn tend to come out stronger on the other side.

So, what's the deal? 

It's about not just following the herd. It's about being smart with our most valuable asset – our people. The best CEOs get this. They know it's a game of talent, and they’re playing it different.

It's time to flip the script. Instead of going with the flow of layoffs, let's think long-term. How are we setting up our teams for success post-recession?

Let’s chat about it. 

How are you making sure your team is not just surviving, but ready to thrive when the market bounces back?

#ThinkDifferent #LeadershipGoals #TeamBuilding #FutureFocus