My comment on Twitter is Paying Executives Not to Flee the Struggling Company (external blog)

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My comment on Twitter is Paying Executives Not to Flee the Struggling Company (external blog)

According to the author Kevin Montgomery, Twitter is trying to stop managers from leaving the company by paying them money. 

However, the money paid only plays the role of Aspirin, but not a surgery. The defections can be prevented in short run, but the extra cost will probably leads to a serious long-run crisis.

Because the real problem is, people are losing confidence in their CEO, Costolo. My analysis shows that Costolo’s solution will make the problem worse, because people is going to have even less confidence in him. And this unequal treatment will infuriate other managers, make even more people lose their loyalty to Twitter.

Twitter needs a positive organizational culture to help it get through the hard time. The money paid to leaving managers should be spend on better staff welfare, financial encouragement to new ideas and a better leadership.  Twitter’s owners should also consider to hire a new CEO who can gather people by using his own personal charm, not shareholders’ money.

Source: http://valleywag.gawker.com/twitter-is-paying-executives-not-to-flee-the-struggling-1656117135/+aleksanderchan

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