Companies will have to confront employment challenges over the next year—which may fundamentally change what their workforce looks like today. Corporate boards may want to consider the following.
What does it take to create a truly great, lasting company amid historic uncertainty and volatility? Based on decades of research, Jim Collins, best-selling author of the business classics Good to Great, Built to Last and Great by Choice, has some answers. A challenging guide for challenging times.
The board and management need to develop strategies to take advantage of the downturn or put the company in better position to reap benefits when the economy rebounds.
It’s impossible to make everyone happy, but you can offer a response that is as transparent as possible and shows a level of integrity.