When the meltdown hit, this company chose lean accounting over layoffs

Peter Desloge, CEO of Watlow, which encourages everyone, including workers, to innovate.

• traditional #accounting methods focuses on short term results & don’t recognize the gains achieved

 Full article here:

https://www.theglobeandmail.com/report-on-business/careers/business-education/lean-accounting-not-layoffs-gives-company-long-term-vision-of-success/article14406522

Companies Don’t Need to Lay People Off to Survive

How one CEO saved his 12,000-person company without a single layoff

https://marker.medium.com/companies-dont-need-to-lay-people-off-to-survive-4197a9e57f6c

Photo courtesy of Bob Chapman