Can Downsizing be a prudent HR Management decision? Introduction Human resource management has evolved from a largely administrative and operational role to one that plays an important part in strategic planning. This shift is more evident in its role towards downsizing. The decision to downsize is a decision that requires careful planning and consideration. It is critical to consider the long-term effects that short-term cost cutting measures can bring. Downsizing creates disruptions in
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Restructuring for performance in terms of delayering and downsizing Downsizing of a company refers to reducing the number of personnel by way of reducing the number of job types‚ or ’positions that are similar in their main duties ’‚ as aptly described by Child (2005). Triggers for downsizing could be a reduced market demand for the particular services or products produced by a company‚ an internal decision to reduce the range of diverse products - including outsourced activities - offered‚ a
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Research Paper Downsizing envoys: A public/private sector comparison Ref: 11/12 2012 Dr Ian Ashman Institute for Research into Organisation‚ Work and Employment University of Central Lancashire For any further information on this study‚ or other aspects of the Acas Research and Evaluation programme‚ please telephone 020 7210 3673 or email research@acas.org.uk Acas research publications can be found at www.acas.org.uk/researchpapers ISBN 978-1-908370-22-8 Downsizing envoys: A public/private
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H. S.‚ Lavigne-Schmidt‚ S.: "Downsizing: Measuring the Costs of Failure"‚ Journal of Management Development‚ Vol. 18 Issue 5/6‚ 1999. 2. Baumol‚ Wiliam J.‚ Blinder‚ Alan S.‚ & Edward N. Wolff (2004). Downsizing in America. Reality‚ Causes‚ Consequences. New York‚ Russell Sage Foundation. 3. Burke‚ J. R.‚ Nelson D.: "Mergers and Acquisitions‚ Downsizing‚ and Privatization: A North American Perspective"‚ in The New Organizational Realty – Downsizing‚ Restructuring and Privatization‚ American Psychological
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Exploration of meaning of downsizing – Definition Organizational Perspective Downsizing is the planned set of organizational policies and practices aimed at reducing the extant workforce with the goal of improving firm performance (Datta et al.‚ 2010: 282) Individual Perspective Downsizing is a constellation
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View Lecture 1 © Furrer 2002-2008 2. An Historical Perspective (See Grant‚ 2002) – – – – – Origins of the Modern Corporation The Multidivisional Corporation Postwar Patterns of Diversification The Conglomerates Downsizing‚ Outsourcing‚ and Restructuring – Diversification in Emerging-Market Economies – Beyond the Trends 2 Corporate-Level Strategy “Corporate strategy is the way a company creates value through the configuration and coordination of its multimarket activities”
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with dire consequences. The following report includes expected reactions by employees who continue to work within an organization after a company downsizing. The report is further directed towards management efforts to repair the torn work atmosphere‚ as it includes cases that both convey ineffective downsizing practices and outline successful downsizing strategies. The extent of the research was conducted through many secondary sources‚ with the main content heavily based on previous academic
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Downsizing has become an extremely popular strategy in today ’s business environment. Companies began downsizing in the late 1970 ’s to cut costs and improve the bottom line (Mishra et al.‚ 1998). The term "downsizing" was coined to describe the action of dismissing a large portion of a company ’s workforce in a very short period of time. According to online encyclopedia http://en.wikipedia.org downsizing refers to "layoffs initiated by a company in order to cut labor costs by reducing the size
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TABLE OF CONTENTS 1. INTRODUCTION 2. LITERATURE REVIEW ➢ Conceptual approach to employee downsizing Downsizing and employee attitude ➢ Employee morale during downsizing ➢ Organizational climate also affects employee retention rate and positively affects employee downsizing rate ➢ Tips for creating an effective organizational climate for minimum employee down sizing ➢ Organizational vital signs-a leading indicator
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were the cities forced to consider downsizing? The cities were forced to consider downsizing because of several years of facing economic challenges in the county‚ along with shrinking population base‚ and having to cut down on budgets down to penny for the past month. 2 What are the positives of downsizing? Some of the positives of downsizing were when salaries and employee costs were held down. 3 What are the negatives? Some of the negatives of downsizing included decreases in productivity
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