4000 People Power
"Company X laid off 4000 people today."- a news story
I was talking with a friend today and he told me a story that when he went to San Francisco last year a local company announced the lay off of 4000 people. He could not get his mind around that big of a loss. Nor could I.
In yesterday's post I talked about the Lifetime Value of an Employee. These days employee work product sometimes sticks around far longer than the employees. So we should nurture work that will stay around and help other employees.
When I see stories like these it makes me wonder about the loss of brain potential of these employees to the employer. Sometimes these decisions are make for a reason but often to improve the bottom line. Improving the bottom line is important but the work typically does not go away and it gets absorbed by the employees who won the beauty contest.
It makes me wonder what would happen if those 4000 people joined up and formed a company to compete against their old employer? If they all chipped in a few thousands and took a portion of ownership instead of salary for a few months, would they be able to create a business with a better product than the one offered by their former employer.
The only reason why I can come up with that they would not is lack of money on hand to get started not ability.
Today's question is:
"What stops 4000 people from uniting to create a new business?"
"Company X laid off 4000 people today."- a news story
I was talking with a friend today and he told me a story that when he went to San Francisco last year a local company announced the lay off of 4000 people. He could not get his mind around that big of a loss. Nor could I.
In yesterday's post I talked about the Lifetime Value of an Employee. These days employee work product sometimes sticks around far longer than the employees. So we should nurture work that will stay around and help other employees.
When I see stories like these it makes me wonder about the loss of brain potential of these employees to the employer. Sometimes these decisions are make for a reason but often to improve the bottom line. Improving the bottom line is important but the work typically does not go away and it gets absorbed by the employees who won the beauty contest.
It makes me wonder what would happen if those 4000 people joined up and formed a company to compete against their old employer? If they all chipped in a few thousands and took a portion of ownership instead of salary for a few months, would they be able to create a business with a better product than the one offered by their former employer.
The only reason why I can come up with that they would not is lack of money on hand to get started not ability.
Today's question is:
"What stops 4000 people from uniting to create a new business?"
No comments:
Post a Comment