Is the Recession an Opportunity to Eliminate Weak Performers?

Source: Innovative Practice Management

Following are excerpts, reprinted with permission, from Mark Bailey’s recent blog entry titled Thinning the Herd.

I have two very significant problems with this concept.

First, if you think of those you work with as an amorphous mass, as opposed to individuals, you’re missing incredible opportunities to develop the expertise and effectiveness of your firm.

Second, if you have weak team members who should be fired, why are you waiting for an excuse, e.g., a weak economy? Great firms have great people—people who perceive themselves as great. If you keep a ‘weak link’ around it affects the professional self-opinion of everyone in the firm.

That’s not to say you throw away a member of your team without making every effort to help them. That’s expensive and in my opinion immoral.

For the complete blog entry, click here.

From Innovative Practice Management, the blog of Mark Bailey, http://www.markbaileyco.com/blog/, February 22, 2009.