Setting the scene
You have set the scene for your business. You have mastered your mindset, assessed liquidity and have in your arsenal scenario plans with clear cost cutting targets. Your business and you are still in the middle of the storm and the implications of what is ahead of you as a leader can be daunting. You are confronted with the reality of reducing costs and know you need to turn your attention to the biggest bucket: employee expenses. You have steeled yourself for this process, but you might not know how to balance the emotional toll for you, your employees and organisation with fast, decisive, and impersonal decisions. You want to be empathetic, but you know you must ensure your business has a future!
You might be wondering: how do I re-design my organisation for the new normal? How do I decide which roles I need and which ones I don't in the future? Where do I even begin to understand the legal process of dismissals?
You need to identify what roles, positions and processes are critical to your business. You need to think from what we are today to what we are going to be tomorrow. You need guidance and advice on how to bridge that gap quickly. You want to not only make it through the storm but come out embracing the wide-open ocean! Just cutting roles or using likeability is not going to help you decide what processes are critical to servicing your customers. The captain should not keep his full crew meant for operating a big steam boat, when the future requires a lean crew for a swift speedboat for the sea ahead. Likewise the lean crew needs to work differently than they did not the steam boat.
You need to start from a clean sheet. You decide what is critical to business survival. You decide who needs to do what on your ship and how do they do it; is it necessary, can it be consolidated, simplified and speed up? And then, once you know who does what and how they do it you need to convey that to your crew.
If you are asking yourself how do you re-design your business, then you are in good company. Few business owners have gone through a crisis like this before in their career, and had to reduce costs so substantially so quickly.
The video and tools in this module will help you evaluate the WHAT and HOW: WHAT are you doing to fulfil your companies' mission and HOW you are doing those things. The video will help you understand what an organisational re-design is, how to conduct a 'clean sheet' org. re-design and how to frame yourself to deal with the emotional impact of reducing roles. turn your targets into concrete plans fast.
