How Oyo can win back its mojo
Few startups have achieved success without failures. The Oyo story is no different and he is what its management, employees, investors and partners can do. Entrepreneur K Ganesha shares a few ideas:
1. Communicate clearly and unambiguously.
2. Don’t couch the communication in euphemisms.
3. Don’t blame the employees or non-performance.
4. Think ahead!
5. Be fair. Ensure, at the minimum, that the contractual obligations of the notice period, severance pay, leave encashment, etc are met fully.