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The $100 MBA Show

MBA2155 Q&A Wednesday: Should I fire someone before I have a replacement?

12 Oct 2022

Description

Firing people is almost never easy.We’re often afraid of dealing with the fallout of letting an employee go. Operations will be disrupted, feelings may be hurt, and someone needs to take over for whoever got the boot…preferably as soon as possible.Can you plan ahead for a firing?You certainly can. It’s Q&A Wednesday, and we’ve got a listener who knows it’s time to say goodbye to a certain employee, but worries that it may be smarter to find a replacement before swinging the ol’ ax. Is that possible? Is it ethical? Could it backfire?Fortunately, Omar’s been in this pickle before.Today, we discuss when to get rid of people immediately, and when to plan a more gradual transition. We’ll explore how to navigate the pitfalls of replacing one employee with another, and making sure you do everything in your power to be fair with everyone involved.Every business has to confront this issue sometime. Best to have a strategy in place! Click Play!To submit your questions, visit 100mba.net/q.SUBSCRIBEYouTube | Apple Podcast | Spotify | Podcast Feed Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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