I chose tip number 4 labeled; Retreat from “pay for failure” by making it easier to fire for cause. The activist is right when explaining the fact that firing high officials could come back to bite you in the end. Unlawful firing practices could pose as a huge lawsuit; therefore, this fire for cause is a great idea. If a company decides to fire a high ranking official, an investigation should be done BEFORE the actual termination. If the individual decides not to testify against his or her poor performance for the company they should have no right to even think about suing for unlawful firing. It shouldn’t matter if you want to keep the person who is being fired happy, its worth having somebody mad then costing millions or billions in a settlement case.
Wednesday, October 3, 2007
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