Exiting Spaces and Openness

I was thinking the other day that it’s important for a business to be open about when it’s exiting a line of business.  There is nothing automatically wrong with a company abandoning its commitment to a market.  As long as the communication with the employees is open and honest and the company makes an explicit decision, this can be OK.  This seems to fit nicely with Jack Welch’s “fix, sell, or close” strategy.

~ by aggieinlondon on October 25, 2009.