Expert: Go slow on staff cuts despite harsh times

Prof Robert Kaplan, Marvin Bower Professor of Leadership Development, Emeritus at the Harvard Business School. PHOTO | FILE

Kenyan firms have been warned against laying off staff as a reform tool when faced with harsh economic times.

Harvard academic on leadership and development, Prof Robert Kaplan, says the best strategy execution involves considering staff as assets and using them to create more revenues rather than shedding them.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.