2008SEP161231
When things go bad: The Scene at Lehman Brothers London on Friday
"... Another predictor of bad news I have observed is when the human resources (HR) department stays late ..."
But a lot of Startups don't have HR or departments.
The key indicator here is observing principals and noticing any odd behaviour. The example that comes to mind was a mass-sacking at a Startup I worked at where the "out of character behaviour" of the founder(s) and various hanger-ons ("they all got short skin-head haircuts") the day before mass sackings.
One day it was normal at work, the next day it was a meeting at an off site building where the difference between being sacked and keeping your job was being sent left up the stairs or right to get your termination notice.
The difference being there is a definite "in" loop that had prior knowledge. The leader(s) did not have the balls to address the sacked staff and inform them management stuffed up, hired fast, let go slow and was running out of cash.
next >>>
2008SEP161231
When things go bad: The Scene at Lehman Brothers London on Friday
"... Another predictor of bad news I have observed is when the human resources (HR) department stays late ..."
But a lot of Startups don't have HR or departments.
The key indicator here is observing principals and noticing any odd behaviour. The example that comes to mind was a mass-sacking at a Startup I worked at where the "out of character behaviour" of the founder(s) and various hanger-ons ("they all got short skin-head haircuts") the day before mass sackings.
One day it was normal at work, the next day it was a meeting at an off site building where the difference between being sacked and keeping your job was being sent left up the stairs or right to get your termination notice.
The difference being there is a definite "in" loop that had prior knowledge. The leader(s) did not have the balls to address the sacked staff and inform them management stuffed up, hired fast, let go slow and was running out of cash.
next >>>