The Toughest Part of Leading
Andy Briggs, CEO of Phoenix Group, reveals the hardest part of leading a consolidator: telling people their jobs are at risk.
“That's definitely the piece I find the toughest — to go to a group and say, you are at risk, these two teams are combining, and there’s going to be 20% less of you as a result,” Briggs told CNBC’s Steve Sedgwick on the latest episode of "Executive Decisions."
As the head of the U.K.’s largest long-term savings and retirement business, Briggs has navigated acquisitions that demand tough calls. For him, improving productivity is vital for U.K. economic growth — even when efficiency comes with human impact.
Tune in to Andy’s full conversation with CNBC’s Steve Sedgwick on the "Executive Decisions" podcast. Visit our link below.
#CNBC #CNBCPodcast #ExecutiveDecisions
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“That's definitely the piece I find the toughest — to go to a group and say, you are at risk, these two teams are combining, and there’s going to be 20% less of you as a result,” Briggs told CNBC’s Steve Sedgwick on the latest episode of "Executive Decisions."
As the head of the U.K.’s largest long-term savings and retirement business, Briggs has navigated acquisitions that demand tough calls. For him, improving productivity is vital for U.K. economic growth — even when efficiency comes with human impact.
Tune in to Andy’s full conversation with CNBC’s Steve Sedgwick on the "Executive Decisions" podcast. Visit our link below.
#CNBC #CNBCPodcast #ExecutiveDecisions
-----
Subscribe: @cnbci
CNBC International Live: @cnbcinternationalive
LinkedIn: https://www.linkedin.com/showcase/cnbc-international/
TikTok: https://www.tiktok.com/@cnbci
Facebook: https://www.facebook.com/cnbcinternational
Instagram: https://www.instagram.com/cnbcinternational/
Threads: https://www.threads.net/@cnbcinternational
X: https://twitter.com/CNBCi
Telegram: https://t.me/cnbci
WhatsApp: https://bit.ly/CNBCiWhatsApp
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