Consulting Chronicles. The Right Way to Lay People Off. I'm trying to write my wrongs,But it's funny these same wrongs helped me write this song—Kanye West, Touch the Sky Shortly after we sold Opsware to Hewlett-Packard, I had a conversation with the legendary venture capitalist Doug Leone of Sequoia Capital.
He wanted to hear the story of how we went from doomed in the eyes of the world to a $1.6B outcome with no recapitalization. After I took him through the details including several near bankruptcies, a stock price of $0.35/share, unlimited bad press and 3 separate layoffs where we lost a total 400 employees, he was most amazed by the layoffs. He said that during his over 20 years in the venture capital business, he’d never seen a company recover from consecutive layoffs and achieve a billion dollar plus outcome. He said that he’d bet against that every time and wanted to know how I did it.
Build great teams. By Craig Driscoll, contributor As the recruiting partner at venture capital firm Highland Capital Partners, I have the privilege of working with some truly remarkable young entrepreneurs.
My expertise is in helping them build exceptional teams. While I don't have all the answers, I've seen enough to know what works and what doesn't. Managing Employees in Their Twenties. By Michael Fertik | 3:10 PM January 19, 2011 I’ve been lucky to work with some awesome employees in their twenties.
While that formative decade is long and dynamic for each person; in a companion post I’ve offered some observations on the differences between Generation Z and Generation After-Lehman; there are some consistencies in how best to manage and motivate excellent twenty-somethings. Younger people are especially hungry both to learn and to receive affirmation that they are doing a good job.
I’ve found the best ones are generally much more motivated by incremental education and acknowledgement than they are by a modest bump in salary. Of course, the same qualities that make younger colleagues so responsive to the education and praise you offer may also make them susceptible to negative feedback loops, so be mindful of the context into which you toss them. Pearltrees recrute un ingénieur.