Why do companies tell the employees remaining after a layoff “we will have to do more with less while we right the ship?” There are few who believe that doing more of the same will improve anything or make it “right.” This “doing” is what got them to the predicament in which they find themselves.
Instead of “more with less,” why not try “less with less” and here’s why:
- The old methods didn’t work
- Doing a little of everything is not a plan, but a sign of desperation
- 20% of what you do gets about 80% of the results
- Study your market and your customers and determine what they need from you
- Investigate all parts of your business and find out what is working well and what is not. Hire external, non-partial consultants if you are truly serious about finding the root causes to problems.
- Fix or eliminate the failing procedures and methodologies.
- Elevate what is working well and use them as avatars of successful behavior.
This work can be difficult but it will pay dividends if done correctly and objectively. The most difficult portions of the work are making and following-through on decisions that move the organization in directions counter to its legacy.
The alternative is to do “everything” and continue the decline.
My latest book, “The Product Rocket” is available in KINDLE and print versions at www.dougringer.com/resources/books and is available at a 20% discount through August 31st.