Sad State of Management - Unemployment Numbers
Where is the "deadwood"? What do MT'ers think, are today's high unemployment numbers simply a fact of "Race don't Chase" or because too many managers are letting their team down by not developing them so they can step up!
I was talking to a senior manager about the recently released U-3 and U-6 employment numbers. This manager said "Many companies have used this downturn to get rid of a lot of dead wood". I have heard this phrase many times.
I considered his comment a conversation killer, and there was a long moment of silence. As an MT disciple, what I heard was, managers were not confident/competent enough to do their jobs and give feedback to low performers when times were good, and they let the low performers drag the company down. These same managers might have been laid off themselves, since they could not get their teams to deliver results that made the company successful.