Leadership Decisions
Sallie emphasizes the importance of transparency and communication during tough times, advocating for strategic pay cuts over layoffs to maintain company strength. She shares her approach to keeping the team informed about financial metrics and the rationale behind decisions, even when not everyone agrees. Ultimately, her leadership choice avoided a potentially fatal error for the business.In this clip
From this podcast
Masters of Scale
Rapid Response: What the pandemic has cost women, w/Ellevest's Sallie Krawcheck
Related Questions
Why did one of my co-founders take away from the episode Behind the founder: Drew Houston (Dropbox) that "if you are too busy firing, your company will be in a weaker spot"?
How do CEOs make difficult decisions in the episode Stephen Schwarzman | The Knowledge Project #69 and the clip Making Executives?