Subscribe to Gifts and Dec
RSS
Email

Share this on
Facebook
LinkedIn
Twitter

Retaining your company memory

March 24, 2009

I am always amazed at the people that some companies choose to lay off during an economic down turn. It is usually someone who has a staff job or is in some other way seen as disposable. Typically, they have been with the company a long time and make a salary at the high end of their job description.

 

What companies sometimes fail to realize is that these people are a repository of the company’s history. They know who did what, what was done right and what was done wrong for the last ten, twenty or even thirty years. 

 

Think about it. Most people stay with companies two or three years and then leave. That means that most of the company’s personnel don’t know what happened before they got there. 

 

So, to my way of thinking, letting what of these old timers go is like having a stroke. Its as if part of the company’s brain cells that control memory have been suddenly wiped out. 

 

When you see the results of some of these layoffs you realize just how devastating this can be. Some examples in my next posting.

Posted by Richard Gottlieb on March 24, 2009 | Comments (4)

December 8, 2011
In response to: Retaining your company memory
Bertie commented:

How neat! Is it really this simlpe? You make it look easy.


December 7, 2011
In response to: Retaining your company memory
River commented:

More posts of this quliaty. Not the usual c***, please


March 24, 2009
In response to: Retaining your company memory
Nate Scheidler commented:

In Singapore, the companies are reducing hours rather than retrenching large sections of their workforce. The government is also chipping in by funding the retraining of the workforce. I was amazed that they even budgeted for that. When the recession ebbs and their economy is ready to grow, they will have a workforce that is up to date on the latest technologies and ready to take advantage of it. I was very impressed, and saddened that American government-industry-labor relationships aren't structured in a way to handle the recession with equal competence.


March 24, 2009
In response to: Retaining your company memory
Nate Scheidler commented:

In Singapore, the companies are reducing hours rather than retrenching large sections of their workforce. The government is also chipping in by funding the retraining of the workforce. I was amazed that they even budgeted for that. When the recession ebbs and their economy is ready to grow, they will have a workforce that is up to date on the latest technologies and ready to take advantage of it. I was very impressed, and saddened that American government-industry-labor relationships aren't structured in a way to handle the recession with equal competence.

POST A COMMENT
Display Name
captcha

Before submitting this form, please type the characters displayed above. Note the letters are case sensitive:

Advertisement
REA-TIXSales-160x160
Advertisement
Atlanta Virtual Tours
NEWSLETTERS
eletter_callout_box_GDA


About Us   |   Advertise   |   Site Map   |   Contact Us   |   Subscription   |   Industry Links   |   RSS
© 2012 Sandow Media LLC.All rights reserved.
Use of this website is subject to its Terms of Use | Privacy Policy