Why do executives, managers, and professionals either derail or flounder and then get shunted off to roles that are out of the mainstream? Besides, what can be done with the underperforming employee? Often, the response is to terminate.

First, consider the staggering costs associated with the loss of a key person, such as:

• Exit costs
• Recruiting, hiring, and restart costs
• Lost training and development costs
• Cascade effect of multiple position shuffles
• Opportunity costs, disruption, down time, and lowered morale of the team
• Disputed termination litigation

The MeemBay Approach

A significantly more effective solution is available and it prevents the termination costs. The experiences of our clients have clearly shown that a turnaround program produces better results. In most cases under performance is not the result of an ability deficit. Rather, it typically results from a person's blind spots.

With MeemBay's intervention, the struggling employee can be turned around and, as a consequence, a number of benefits accrue to the organization and the individual:

• The company is protected from the loss of the person's accumulated industry knowledge, experience, and competitive information.
  
  
• The turnaround program offers a potent management option for handling a potentially unpleasant and difficult dilemma.
  
  
• The turnaround option brings objectivity and behavioral science to bear on conflict and, thereby, gives the organization and its people a greater sense of mastery and less apprehension about handling difficult human problems. The message: "We care, and we can work it out."
  
  
• It equips the organization with an effective tool for retaining its human resources, an increasingly critical strategy in an age of a shrinking human resource pool.

WHO USES US

These projects involve people whose jobs are hanging by a thread. They are valued and often key contributors for whom multiple stakeholders (may include the Board of Directors, bosses, co-workers, clients) share the sentiment that "you can't live with them - and you can't live without them."

WHEN TO USE US

MeemBay's Derailment Turnaround opportunity assists businesses when the company captures the wisdom of retaining this employee to save them from themselves and to retain them as a productive employee.