When you are short on money.
When you are depleted.
When you simply have too much to do.
When there’s an emergency.
When your plans are at risk.
What do you cut?
A couple of things to consider.
Be in a position in which what you cut is up to you, as much as possible. Having somebody or something imposing cuts might well feel as just an additional burden, and you’ll have to cut more very soon. Make it an active decision, fight for it if necessary.
And of course, every cut sends a signal. On what you care about, what you stand for, what is important, the type of culture you want to promote and be part of, the legacy you want to leave behind.
By all means, cut. And do it conscientiously.