Ethics, brand legacy and treating humans how we’d like to be treated all typically fly out the window when a company is scrambling to save either itself or shareholder confidence during a recession. Often, the impact of cutting employee numbers has consequences far beyond a CEO’s bottom-line goals. Here are three options for ethical leaders when layoffs become your most difficult decision.
Whether you’re transforming your organization towards stakeholder capitalism, or adapting how you engage your team to become more invested in your organization’s mission, start with this guidance to help you find optimism, purpose and mission.
People’s lives and businesses have been upended by the pandemic. The language we use in our post-Covid world must allow us to talk about how to tackle the problem of purpose and create a sense of hope so that people can move forward.