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Editor: Dr. Wolf J. Rinke
Publisher: Wolf Rinke Associates, Inc.
(c) 2008 Wolf J. Rinke
Vol. 11 No. 6, December 2008/January 2009
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To get your own FREE subscription click on the link above.

1. NEWS YOU CAN USE
2. MONEY SAVING OFFER--FOR SUBSCRIBERS ONLY
3. HOW TO DOWNSIZE . . . IF YOU HAVE TO
4. HEAR WOLF HOWL--I MEAN SPEAK
5. HUMOR BREAK
6. ABOUT THE EDITOR
7. PRIVACY STATEMENT AND SUBSCRIPTION INFORMATION

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REALITY CHECK
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"You gain a competitive advantage through people, not by getting rid of them."
--Wolf J. Rinke

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1. NEWS YOU CAN USE
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NICE BOSSES INCREASE EMPLOYEE PRODUCTIVITY AND IMPROVE THE BOTTOM LINE
An American Management Association survey of 662 members found that employees are less likely to leave their company and are willing to put in more hours if they feel their boss is fair-minded, compared to those who consider their boss to be a "bully." In addition, kind bosses get more innovative ideas from their employees and are told what's going on in their companies by their team members, and thus are able to fix problems before they spin out of control.
ACTION STEPS
Tough economic times require you to be "nice". To translate this into action and improve your bottom line devour my "Winning Management" book. http://www.wolfrinke.com/wmbook.html
Source: T. Joyner, "Employees reward kind, not bully, bosses," The Atlanta Journal-Constitution, 11/2/08, http://www.ajc.com/business/content/printedition/2008/11/02/bizoffbeat.html

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2. AN INEXPENSIVE ONE-OF-A-KIND HOLIDAY GIFT
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I'd like to help you save some money during these tough times and make your holiday shopping very easy by offering you an affordable holiday gift!

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It will keep on giving for years to come!
It can be given at any time of the year!
It's inexpensive!
It's totally unique - there is no other gift quite like it!
What is it?
It's my Make It a Winning Life Perpetual Desk Calendar

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Click www.WolfRinke.com/specialpc.htm to order or call 800-828-9653. Offer expires 1/15/2009.

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3. HOW TO DOWNSIZE . . . IF YOU HAVE TO
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In the last issue of this eNewsletter (11-5) I provided you with seven specific strategies to help you improve profitability during these tough economic times. If afterwards you still feel compelled to downsize, here are five ways to downsize "lite."

1. Transfer jobs

You may be able to retain employees by allowing them to transfer to other jobs, departments, or facilities. Be sure to announce such transfer opportunities in advance of the downsizing so that employees know that they may be able to avoid layoffs by changing jobs or worksites.

2. Establish alliances

If downsizing is still necessary establish partnerships with other organizations. For example, when Emery Worldwide Airlines needed to eliminate several thousand employees nationwide it partnered with the U.S. Postal Service, which hired many of the downsized Emery employees. Everybody won. Emery was able to achieve their reduction in force (RIF) without incurring outplacement and unemployment expenses, employees continued to be employed, many in similar positions, and the Postal Service gained trained employees.

3. Cut pay across the board

Instead of reducing your workforce by a certain percentage across the board cut pay and work hours for the entire workforce to achieve the needed reductions in costs. This is an option, which many employees may prefer. For example employees at a unionized Saturn plant voted to work four hours less each week to avoid an organization wide downsizing. This provided a triple win for all concerned. Plus, after business picked back up, the trained employees resumed their previous 40-hour work schedule. By the way, keep this equitable by making the cuts across the board. Not like US Airways CEO David Siegel who exacted steep pay and benefit cuts from airline employees while he received about $1.45 million in salary and bonuses, almost double the compensation that his predecessor . . . was paid the previous year.

4. Encourage phased retirement

Instead of full-fledged retirement, encourage employees to accept a phased retirement, providing employees the opportunity to scale down their work hours and income on a gradual basis over a specified period of time. Losing your most experienced employees can have numerous unintended consequences. For example when the District of Columbia (DC) government downsized about 3,000 employees it lost over 60,000 years of experience including a computer information services manager who was responsible to perform virus inspections. The result, a massive system-wide crash that costs the DC government dearly. Offering employees a phased-down retirement opportunity provides the organization access to the employee's knowledge, reduces labor costs, and keeps employees loyal and employed.

5. Provide for early retirement and voluntary severance

The upside of this is that early retirement programs will tend to encourage the departure of relatively highly paid employees. The downside is that you tend to lose your most experienced team members. However it's still preferable to an across the board RIF.

If you still need to do more, trim very selectively focusing primarily on those employees who add the least value while minimizing the negative impact upon the remaining organization. And after you have achieved the needed reductions in labor costs, get busy over-communicating with the "survivors" to give them a sense of assurance and safety. Also find out what additional training and development they will need so that they can pick up the pieces from the departed team members and maintain productivity. Then begin the strategic process of changing your human resources paradigm by implementing strategies that are designed to prevent future RIFs. (See my next eNewsletter coming to your "in-box" in the middle of Jan. 09.)

SOURCE: Based in part on "Don't Oil the Squeaky Wheel and 19 Other Contrarian Ways to Improve Your Leadership Effectiveness," available at http://www.wolfrinke.com/squeakywheel.html.

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4. HEAR WOLF HOWL--I MEAN SPEAK
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The full day seminar listed below maybe open to you if your company is a member of the Institute of Management Studies (IMS). Contact the chairperson for specifics.
Winning Management: Building a Peak Performance Workplace
2/27/09 Washington, DC Jim Henderson, washingtondc@ims-online.com

NOTE: I have other "in-house" presentations scheduled in the U.S.A., Canada and Europe. Please let me know if you are interested to preview me or bring me into your organization at reduced expenses when I'm scheduled to be in your area. That way we can let you know when I'm coming your way!

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5. HUMOR BREAK
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Government studies show that a 7% unemployment level is acceptable to 93% the working population.

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6. ABOUT THE EDITOR
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Dr. Wolf J. Rinke, CSP is a highly effective management consultant and executive coach who specializes in building peak performance organizations, teams and individuals. He is the author of 14 books including "Don't Oil the Squeaky Wheel and 19 Other Contrarian Ways to Improve Your Leadership Effectiveness" and "Winning Management: 6 Fail-Safe Strategies for Building High-Performance Organizations" available at www.WolfRinke.com. Wolf is also an internationally recognized management/leadership keynote speaker and seminar leader who delivers customized presentations that combine story telling, humor and motivation with specific "how to" action strategies that participants can apply immediately to improve their management and leadership effectiveness. Preview a live demo at www.WolfRinke.com. To take advantage of Dr. Rinke's services contact us at 800-828-9653 or WolfRinke@aol.com

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7. PRIVACY STATEMENT AND SUBSCRIPTION INFORMATION
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We will not make your name or e-mail address available to anyone. Period!
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