Plane Crash - Lesson for Managers

The link between management and productivity

The article from The McKinsey Quarterly is a must read if you are interested in productivity

There is a common assumption that if companies perform well, they must have good managers at all levels of the organization. It is, after all, hard to imagine a company surpassing its rivals if its managers are second rate. New research now confirms the notion that management matters to all companies, including the top performers. (MORE)
The Link between management and productivity

Upgrading talent

Downturns place companies’ talent strategies at risk. As deteriorating performance forces increasingly aggressive head count reductions, it’s easy to lose valuable contributors inadvertently, damage morale or the company’s external reputation among potential employees, or drop the ball on important training and staff-development programs. But there is a better way. By emphasizing talent in cost-cutting efforts, employers can intelligently strengthen the value proposition they offer current and potential employees and position themselves strongly for growth when economic conditions improve. (MORE)
Upgrading talent -
A downturn can give smart companies a chance to upgrade their talent.