How to cut costs and keep your employees

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The million dollar question I hear you sigh as you see the subject of this blog. Let’s face it, there are no easy answers, no silver bullets and certainly no one-size-fits-all approach to cutting costs and keeping a high people-morale during an economic un-boom, such as the one we’re wading through at the moment.

But there are some stories worth hearing, if not for anything but simply to celebrate that someone may be getting it right in their context. They know their people and their culture, and they’ve successfully created a solution that snugly fits both.

Click here to read a short article of some of these stories. The one that most impacted me was the ‘Ricardo Semler‘ type approach of the opening story in the article:

Go to the people and ask them! Sounds so simple. But so very difficult to execute.

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