My friend Sunil writes a very nice blog the recent post is very nice to read -
I like to give the following title to his post
In Screwed-up Times strategy should be to Screw your employees -
Sunil gives the action plan as well -
Screw your employees as they are 80% of the operation cost for IT companies..they have nowhere else to go! (Apologies for being rude but I think it is more effective to use strong words)
a. Put them in any project any technology...throw them into the first available project....if they dont survive fire them
b. If your employees ask for change or roll off from engagement lower their performance rating
c. reduce their salaries
These are the strategies especially for IT companies.
I think for others - the advise would be same!