Leading Through A Layoff: Three Actions For Effective Leadership

In this paper, the author seeks to answer that question and provide some action steps every leader should consider to bring about a positive work environment and lead effectively through difficult circumstances. Results from Information Week's State of the Economy Survey (Kolbasuk McGee & Soat, 2008) show that 69% of participating companies will not increase IT spending this year. Of the companies with annual revenue of more than $500 million, a full half say they are decreasing IT spending relative to their original 2008 budgets.