MBA1309 Your Procedure When Someone Leaves Your Company

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.9 • 1.2K Ratings

🗓️ 16 July 2019

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

All things come to an end, including employment. When the inevitable parting of ways occurs, you shouldn’t just wing it. For the sake of your team, you need a plan. Today, we discuss what procedures your business should have in place when someone moves on, retires, or has to be let go. Intentionally managing the effects of a departure on your team is smart business, and reinforces the kind of thoughtful, respectful company culture you want to instill.

Transcript

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0:00.0	Heyo! Welcome to the $100 R.M. Show your business gets better by the minute every day with
0:14.8	our daily 10 minute business lessons for the real world.
0:17.8	I'm your host, your coach, your teacher, Omar Zenholm.
0:21.6	I'm also the co-founder of the $100 MBA, a company business training and community
0:26.2	online. And in today's episode you will learn how to create a procedure when somebody leaves
0:31.6	your company. Whether an employee resigns, moves on to another opportunity,
0:36.0	is unfortunately laid off, or even fired,
0:39.0	you need a protocol or procedure that you can go to, that you can rely on when this happens.
0:45.0	There are logistics as well as cultural important tasks that you need to do in your business.
0:50.0	You need to make sure that your team notes was going on. There's no mystery,
0:54.3	there's no gossip. As well as the fact you need to make sure you have a procedure in place so whenever
0:59.2	anybody leaves your business you don't forget to remove certain access, company property, things like that.
1:05.9	Even if you're just setting out and you have a small business and you're starting to make just
1:10.0	a couple of small hires, even part-time hires. This is important. Setting the procedure
1:14.6	is going to help you now when you're small and when you grow later on. This is not
1:19.4	glamorous, this is not sexy, this is not fun, but it's necessary to run a tight ship with your business.
1:24.6	So let's get into it.
1:25.8	Let's get down to business.
1:27.0	Today's episode of the $100 RBA show is supported by PODIA.
1:35.0	PODIA helps thousands of creators earn money from their passion.
1:39.0	It's an all-on-one digital storefront that you can sell courses, memberships, and digital downloads in one place.
1:44.8	It's the most creator-friendly platform on the market with zero transaction fees and a super
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