Downsizing may reduce costs, but it won’t increase your return on people. In fact, layoffs usually have a negative impact on productivity, morale, employee satisfaction, external reputation, and even the quality of your workforce. It doesn’t have to be that way. Follow these tips to overcome the negatives and get a greater return.

Succession planning offers a number of benefits, including these major ones: Management Continuity — When a management vacancy occurs, it’s good to know that you