757: Annie Duke | The Power of Knowing When to Quit
The Jordan Harbinger Show
Coaching CEOs on Firing People
CEOs often struggle with firing people, hoping they can coach employees to turn things around. Instead, they should set clear KPIs, have a follow-up discussion in six weeks, and if there's no improvement, it's time to talk about moving on. This approach not only accelerates the decision-making process but also helps the employee realize that it's the right decision for both parties, setting clear criteria for potential termination and creating focus on creating the necessary change.
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