ShawnHessinger commented on the following stories on BizSugar
One Massive Layoff, or Slowly Let People Go?
"Hi Ken, A quick question that really has nothing to do with slow or fast. I don't know whether or not you have ever read Seth Godin's "Death Spiral" post at his blog. I think it is also linked to from BizSugar somewhere. Though I find Seth's take perhaps a bit naive believing that growth can always be achieved in a shrinking market, I do question as a small entrepreneur who understands only too well the impact of limited resources on expansion how layoffs can ever truly put a company back on track? It seems to me that only a company that expanded adding jobs needlessly can benefit from trimming fat. For most, I think it will lead to a spiral like the one described by Seth where less resources brought on by less revenue will in turn lead to less output. (More efficiency is most likely an unattainable dream.) Less output will likely lead to less revenue which will again force a reduction of resources. Without more business it seems to me any company is doomed and is not really trimming fat so much as sinew and muscle. "Entrepreneurship and Academia - Mutually Exclusive?
"Another well-known name we could add to the list is Steve Jobs, founder of Apple, who dropped out of a college the name of which I can't recall at the moment. However, as Steve said in an address to Stanford University graduates he did continue to take some classes, including one in typography which he credits with inspiring Apple's multiple fonts. The point is, for every example like this there are places like Montana State University at Bozeman whose well-known technology programs have made Bozeman and surrounding parts of rural Montana an unlikely hotbed for high tech startups. "Entrepreneurship and Academia - Mutually Exclusive?
"Agree with everything said above. In the end, I believe every decision should be made with clear purposes in mind not because other successful people took a similar path. Your path must be your own and well considered. No one can imitate success. Each individual must take a course best for them."Subscribe
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