Tag: Flexible Downsizing
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Why do some CEOs “leave money on the table” when they choose layoffs?
In my MBA classes, we called it "Leaving Money On The Table". In business practice, we call it a "missed opportunity". Managers "leave money on the table" when they fail to ask for something that a customer will give them readily and without extra charge. Managers "leave money on the table" when they take an…
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Are Apologists for Layoffs Actually Just Bad Economists?
Here’s a post in honor of my friend Ian Ayres, a law & economics scholar who celebrates a big birthday today. Ian is constantly challenging academics of all stripes to stretch their thinking by asking themselves hypothetical questions. His favorite rhetorical tactic always seems to include two words: Why Not? Ian eschews any line of…