Culture First with Damon Klotz

Discover the profound long-term effects of layoffs on both company performance and employee morale. Key insights reveal it takes an average of 18-24 months for psychological recovery, potentially leading to trust issues and survivor's guilt. The importance of effective leadership and communication during these transitions is emphasized. Additionally, the impact of childhood development on workplace dynamics and discussions on gender disparities in leadership are explored. This enlightening analysis offers strategies for fostering a supportive environment post-layoff.

This is the first part of a two-part series on layoffs and their impact on the employee experience. The episode focuses on the immediate impact of layoffs, based on research conducted by Culture Amp. The research analyzed data from layoffs in the tech sector between March 2020 and December 2023, including over 3,300 layoff events by 2,400 companies.The conversation explores the impact of layoffs on employee engagement and the employee experience. It discusses the decline in engagement levels after layoffs, particularly in trust, pride, and commitment. It also highlights the importance of leadership communication and development opportunities in mitigating the negative effects of layoffs. The conversation debunks the myth that doing one large layoff is better than multiple smaller layoffs and emphasizes the role of managers in supporting employees during this challenging time.The episode concludes by discussing alternative strategies to layoffs and the importance of treating employees with decency and humanity throughout the process.Chapters03:40 - Research Methodology and Data Set07:08 - Immediate Impact on Employee Engagement13:55 - Decline in Commitment and Confidence20:34 - Importance of Transparent Communication23:22 - The Role of Leadership Communication and Development Opportunities27:45 - Debunking the Myth of One Large Layoff Being Better33:46 - The Importance of Managers in Supporting Employees38:24 - Exploring Alternative Strategies to LayoffsArticles mentioned in this episode: Business Insider - A better way to handle layoffsAxios - Employers are "afraid" to conduct layoffs in viral video eraIf you've enjoyed this episode, please subscribe and leave a review on Apple Podcasts or follow and hit five stars on Spotify.Learn more about Culture Amp at www.cultureamp.com Follow Damon on LinkedIn to get his latest leadership insights & follow on Instagram to see behind-the-scenes footage from the podcast. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Join Lindsay Verstegen, Chief People & Diversity Officer at Detroit Lions, and others at SXSW as they discuss building relationships, fixing the environment, data-driven insights, vulnerability in leadership, and bridging generational gaps in teams.

In this episode, Damon Klotz and Chip Conley explore what it means to be a modern elder, ponder the notion of our identity being wrapped up in our work, and what role the manager can play in creating the environment and culture to do the best work of your life.If you'd like to listen to the full episode with Chip click here: https://www.cultureamp.com/podcast/how-to-learn-unlearn-stay-curious-at-work-with-chip-conleyLearn more about Culture Amp by heading to www.cultureamp.comWe believe in creating a better world of work, if that’s important to you too, please subscribe and leave us a review to make sure you don’t miss an episode.If you missed Culture First Virtual 2024, you can now watch all of the sessions on demand from people like Esther Perel, Megan Rapinoe, and Ben Crowe. Click this link to download your favourite session.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Join Damon at Culture First Virtual 2024 to hear from Esther Perel, Megan Rapinoe and Ben Crowe. Register here to get your free ticket & a thank you for being a Podcast listener. Register now.This May, people leaders and culture creators from all over the world will gather to share innovative ideas and insights on improving organizational culture.Join us at Culture First Global 2024, a free virtual conference where leaders connect on culture at work, to hear from Esther Perel, Megan Rapinoe, and an outstanding lineup of thought leaders and industry experts.Join Damon at Culture First Virtual 2024 to hear from Esther Perel, Megan Rapinoe and Ben Crowe. Register here to get your free ticket & a thank you for being a Podcast listener. Register now.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Civil rights activist DeRay McKesson discusses the importance of joy in workplace activism and the influence of values on organizational culture. He also explores strategies for managing diverse teams and fostering psychological safety, advocating for radical ideas and long-lasting structural changes in society.

Internationally recognized curiosity expert Scott Shigeoka discusses how curiosity can boost morale, increase collaboration, ease conflict, and help connect better with others. He encourages being an 'admitter' and highlights the transformative power of curiosity in relationships and personal growth.

World renowned trust expert Rachel Botsman discusses the importance of trust in workplaces, emphasizing the need for trust to work both ways. She defines trust as a confident relationship with the unknown and provides insights on cultivating trust in our professional environments. The conversation explores the interplay of trust, humility, and ego, and the role of vulnerability in building trust within organizations.

Join the discussion with Cleo Wade on building community in workplaces, creating space for employee voices, and the importance of commute-worthy experiences for a better workplace culture.

We can't think of a better way to mark International Women's Day than with a crystal clear call to action to all employers, laying out exactly what is needed to improve the world of work for women. Jamila is Deputy Managing Director of Future Women, where she supports governments and employer organisations working towards gender equality.Listen to Jamila dictate the email that she would like us to send to CEO’s around the world who are ready to improve the world of work for women. Jamila's email is not only a conversation starter, but a shareable resource brimful of practical advice on what we can all do to create real change. Show notes:To hear Damon and Jamila's full conversation head here.To read or copy Jamila's complete email head here.Learn more about Jamila at jamilarizvi.com.au and Future Women at futurewomen.comLearn more about Culture Amp at www.cultureamp.com or @cultureamp on InstagramIf you missed Culture First Virtual 2024, you can now watch all of the sessions on demand from people like Esther Perel, Megan Rapinoe, and Ben Crowe. Click this link to download your favourite session.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.