Thursday, June 07, 2007

A fiasco called Cost Cutting.

It seems like life is going well and every newspaper in India talks about the changing face of India. I come to office everyday. Some days there is lots of work, and someday i spend time by the foosball table.
Then, suddenly you come to see that there are small changes that that are coming along the HR policies of the company. And suddenly the gossip mongers begin to utter words like "cost-cutting". And then all little changes in the company that you observe begin to make sense.
Cost-cutting always starts in a company when topline is stagnating/declining. It is in these times that the CEO begins to start with increasing the bottomline by decreasing the cost so as to please the shareholders.
I don't disagree with the right of a company to start cost cutting, but i believe that these things should be carried out with care or they might alienate the employees. But sometimes the company goes on a reckless haste that it stoops to low levels in its cost cutting binge, as it happened with my company.
Now, I am not going to mention instances where I have felt so for my company, but these actions show in general, the disconnect that the management is having with the company.
As it happens with every startup, initially you get a lot of freedom. you get to decide when to come and go, when you eat. All this is okay, till the time you are doing your job.
But as the company grows and becomes mid sized, these freedoms are taken away from the individual in the name of Corporate Policy, sometimes leaving people in front of a computer with no work and all time. How do you expect the employees to feel good about the company if you find yourself in a similar situation.
Bottomline is that bottomline is not everything for a company. There needs to be a connect between the top echelons and the people down stairs, for the company to be healthy. Or else it will remain more like a dysfunctional system where every individual is an island.

1 comment:

Anonymous said...

you are right man! We had the same thing in our office sometime back.