Are too many people being promoted into leadership roles? As a
result, are companies becoming too top heavy? If we’ve created a
system that values managers over executers, is this a recipe for
disaster? In this episode, we’re joined by Ron Hetrick, Principal
Economist at Lightcast and one of the most influential labor
economists in the country. Together, we unpack one of the most
important questions facing today’s labor market: whether modern
organizations are overloaded with managers and what that means for
productivity, hiring, layoffs, and career paths. Drawing on decades
of labor market research and macro workforce data, Ron explains why
middle managers are often the first cut during layoffs, how that
decision can negatively impact companies, and why a
contributor-based evaluation might be a better approach. This
dynamic conversation digs into provocative questions we’re all
asking, challenges assumptions, and poses some very real solutions
about improving our collective thinking about the labor force. If
organizations want stability, they must create career ladders where
experts can grow financially without being pushed into management
roles if it creates misalignment. As Ron explains during the
episode: The farther your role is from creating revenue or
protecting margin, the harder it becomes to justify during
restructuring. About the Guest: Ron Hetrick Ron Hetrick is a
leading labor economist and Principal Economist at Lightcast. He
previously worked at the U.S. Bureau of Labor Statistics and
advises Fortune 100 companies, policymakers, and workforce
strategists.Subscribe for more deep dives where we fix big business
problems with fresh perspectives. • Website – www.wefixeditpod.com
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https://www.youtube.com/@WeFixedItPod If you liked this episode,
don’t forget to subscribe, leave a review, and share it with your
friends! Keep listening to find out how we fix companies and put
them back better than we found them. Disclaimer A quick disclaimer.
We are going into this somewhat cold and nothing we say should be
construed as legal advice, financial advice or anything that would
get us in trouble. These are our views and opinions. We're here to
ask the kinds of questions everyone's thinking, have an engaging
conversation and maybe come to some conclusions that we feel are
worth exploring. By the end, if we fixed it, you're welcome. All
trademarks, IP and brand elements discussed are property of their
respective owners.
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