Retrenchment

The above link is the second part of the column on RBTT's transition to new ownership. In this part I make the point that :

"With some severance packages as attractive as they are, there are employees in every organisation who are quite willing to be paid to leave, but inevitably some will require more than a gentle prod and a fistful of dollars. The challenge is to create that delicate balance between gaining new skill sets and retaining sufficient institutional knowledge — or mind sets — to keep the organization aligned. More importantly, the focus has to shift to the remaining employees and the risk of organisational addiction and the potential for corporate memory loss."