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Instead of Laying Off 20 Percent of His Company, This CEO Made an Unusual Decision. It's a Lesson in Emotional Intelligence | Inc.com
is ravaging the global economy and For Gravity chief executive Dan Price, that challenge was crushing: The company's revenue had essentially been cut in half. Price was now faced with a grave decision: lay off 20 percent of his employees or go bankrupt.Price refused to accept either option. Instead, he decided to do something almost unheard of in today's business environment:He asked his employees what to do."As a CEO, I don't believe in top-down decisions," "I spent 40 hours talking with every employee about our finances and asked for ideas."What...…is ravaging the global economy and For Gravity chief executive Dan Price, that challenge was crushing: The company's revenue had essentially been cut in half. Price was now faced with a grave decision: lay off 20 percent of his employees or go bankrupt.Price refused to accept either option. Instead, he decided to do something almost unheard of in today's business environment:He asked his employees what to do."As a CEO, I don't believe in top-down decisions," "I spent 40 hours talking with every employee about our finances and asked for ideas."What...WW…
Tim Cook May Have Just Ended Facebook
What happens when an unstoppable force hits an immovable object? In a recent speech in Brussels marking International Data Privacy Day, went on the offensive against Mark Zuckerberg and Facebook. Cook's speech seems to be a direct response to in which the world's largest social network took out full-page ads in several newspapers attacking Apple's new privacy changes. But what's most fascinating is that Cook took direct aim at Facebook without ever mentioning the company by name. Just check out the following excerpt:"Technology does not need vast troves of...…What happens when an unstoppable force hits an immovable object? In a recent speech in Brussels marking International Data Privacy Day, went on the offensive against Mark Zuckerberg and Facebook. Cook's speech seems to be a direct response to in which the world's largest social network took out full-page ads in several newspapers attacking Apple's new privacy changes. But what's most fascinating is that Cook took direct aim at Facebook without ever mentioning the company by name. Just check out the following excerpt:"Technology does not need vast troves of...WW…
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