As the daughter of a U.S. Marine Corps (USMC) Drill instructor, we moved to four different communities in my early years. Learning from my Dad and my never-met-a-stranger Mom hard wired me to be inclusive, from elementary school through multiple leadership roles.
At the core of any successful merger or acquisition lies the “people” aspect of corporate culture. Many call this the “soft” side of the business — in reality, it’s the most challenging part. Unlike figures in an Excel spreadsheet that you can run functions on and augment to reach your goal, you must paint a compelling vision that motivates your employees to deliver the outcomes you want for your business. Understand and inspire people in order to create the culture you want.
With the economy slowing and market uncertainties, many companies in diverse industries are cutting people and jobs. Netflix. Tesla. Coinbase. Peloton. Uber. And many more. Yet after the “Great Resignation,” some organizations are choosing other options to reduce cost while retaining talent. Here's what we can learn from them.