From www.accountingweb.co.uk: Elon Musk’s recent management strategies, including asking employees for their major achievements and potentially firing those who don’t respond, have prompted discussions on whether accountants can adopt similar practices.
While some argue that these methods could eliminate inefficiency, others warn that they risk undermining employee morale and leading to legal issues.
The article emphasizes the importance of evaluating staff performance to improve practices while cautioning against overly harsh measures that could harm business operations.