The power of CEOspeak

The Hindustan Times reports:

“We have not and will not lay off no matter how bad it gets, even if recessionary trends get worse,” said Vineet Nayar, CEO, HCL Technologies.

CEOs have this power. A single statement from the CEO can impact the company’s image in a manner that thousands of marketing dollars may not achieve.

At a time when the corporate world is leaving no stone unturned to cut costs, a statement like this requires courage, conviction and confidence. It sends out positive signals not only to employees, but also to customers and shareholders.

Incidentally, Vineet is one of the few Indian CEOs who blog regularly. Vineet’s blog is a great grazing place for unconventional fodder.