Britt and Mick Arnold give a CEO’s take on professionally and empathetically firing underperforming employees in this episode of “Love n’ Business”.
They go over the importance of setting clear expectations, recognizing when a team member falls short and implementing a structured approach to address underperformance.
Highlights include:
- Identifying, relaying and integrating your company values – and holding your employees accountable to them.
- How to identify struggling employees and seek to help them.
- Performance Improvement Plans (PIPs) and how to use them correctly.
- When positions outgrow the person currently in them.
- Being clear when taking a disciplinary action – and documenting it.
- While firing is never the preferred option, it can sometimes be essential for both individual development and the success of the business.
- Firing should never be a surprise. Rather, it should be the final acknowledgement that you’re not aligned.
- When having that final meeting, state things simply and clearly. Avoid any back and forth – less is more in this moment.
Click on the image below to see this podcast – and be sure to subscribe for more!
About “Love ‘n Business”
Mick Arnold runs his 90+ year old family business, Arnold Packaging as well as his latest venture, Arnold Automation. His wife, Britt Tegeler Arnold, founded Tegeler Construction & Supply in 2016.
In their “Love ‘n Business” podcast, you have a front row seat as they speak openly about navigating their businesses, entrepreneurship, relationships, and life, with their unusual dynamic.
You can view past episodes right here.
