Firing an employee is one of the most difficult tasks that leaders face. And the problems created by terminations are substantial, from high turnover costs and lengthy vacancies to lawsuits filed by disgruntled ex-employees and even violent retaliation for being fired. Although violence is a rare and extreme reaction, the fact that it occurs at […]
firing, Preparation, Termination
A recent article by Matthew Leising and Annie Massa in Bloomberg Businessweek, “Why Citadel’s Ken Griffin Can’t Keep His Star Hires,” tells of a big hire that didn’t last long. In July 2016, according to the article, Griffin hired Kevin Turner as the first Chief Executive Officer of an operation called Citadel Securities. According to the article, […]
firing, hiring, leadership