Preview

Impact of Downsizing

Good Essays
Open Document
Open Document
2450 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Impact of Downsizing
ASSIGNMENT # 2
MANAGEMENT THEORY AND PRACTICE (8506)
ASSIGNMENT TOPIC:
IMPACT OF DOWNSIZING

Prepared by: xyz Roll No

ACKNOWLEDGEMENTS

First and foremost, I thank ALLAH (subhanawataala) for endowing me with health, patience, and knowledge to complete this work.
After ALLAH.is the last phophet Muhammad S.A.W) who brought for us exposure and unlimited knowledge.
I would like to take opportunity to express my humble gratitude to my teacher Pro.ImranAshiq whom I executed this project. His constant guidance and willingness to share his vast knowledge made me understand this project and its manifestations in great depths and helped us to complete the assigned tasks and secondly I am bound to thank all staff of Technimen Agha (pvt) Ltd. Adil Firdous(Financial Manager), munawarhussain(Receiving Incharge)Tasadduq Husssain Cheema (cashier) and others their inspiring guidance, remarkable suggestion. Constant encouragement, keen interest .and friendly discussion helps me to learn and enable me to accomplish my report in a good way.

xyz

TABLE OF CONTENT

PAGE NO. 1. ACKNOWLWDGEMENT 2

2. EXECUTIVE SUMMARY 4

3. INTRODUCTION TO TOPIC 5 i) TYPE OF DOWNSIZING 5 ii) REASON OF DOWNSIZING 6 iii) ALTERNATIVE STRATIGIES FOR DOWNSIZING 8

4. PRACTICAL STUDY OF ORGANIZATION 10 i) WHAT HAPPEN IN TECHNIMEN AGHA (PVT) LTD. 11 ii) REASON OF DOWNSIZING IN TECHNIMEN AGHA (PVT) LTD. 11 iii) EFFECTS OF DOWNSIZING 11 iv) SWOT ANALYSIS 12

5. CONCLUSION 13

6. RECOMMENDATION 13

7. REFERECNES 14

EXECUTIVE SUMMARY

According to my roll no. my topic is “Impact of Downsizing”.
For practical study I select Technimen Agha (Pvt.) Ltd. Company.
Technimen is manufacturer of surgical

You May Also Find These Documents Helpful

  • Powerful Essays

    No employee issue has created as much media attention and more employee anguish than company downsizing. Popular press articles suggest that thriving corporations regularly reorganize their workplaces, leaving many people out of work even when their former employers face no imminent financial threat. Changing patterns are some of the reasons cited for job loss support this impression of the rising importance of streamlining operations. Differences in factors such as the state of the economy and the signal sent by job loss could make the process of downsizing and the effects of job loss differ between restructurings of healthy organizations and downsizing due to financial misfortune.…

    • 2307 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    This essay examines the effects of downsizing with regard to the human and financial implications. Since the mid to late 1980s, downsizing has “transformed the corporate landscape and changed the lives of hundreds of millions of individuals around the world” (Gandolfi, 2008, p.3). For the purposes of this essay, downsizing is defined as the planned elimination of jobs, involving redundancies, and is designed to improve financial performance (Macky, 2004). It will be argued that while downsizing can be an effective strategy, it frequently does not improve financial health, and the human implications can be severe and costly. This essay will discuss: first, downsizing definitions; second, motivation for downsizing; third, a brief history of downsizing; fourth, approaches the implementation of downsizing; fifth, the human implications; sixth, the financial consequences; and, seventh, the reasons for the continued use of downsizing.…

    • 5753 Words
    • 24 Pages
    Better Essays
  • Good Essays

    Research

    • 751 Words
    • 4 Pages

    Datta, D.; Guthrie, J.; Basuil, D.; Pandey, A. (2010) 'Causes and Effects of Employee Downsizing: A Review and Synthesis ', Journal of Management, 36(1), pp.281-348. Kettley, P. (1995) Is flatter better? Delayering the management hierarchy. The Institute for Employment Studies, Report No. 290. John W.Myrna (2009) strategic downsizing [Online] Employment Relations Today. Available from:http://www.myrna.com/Documents/090501.myrna.com.Employment.Relations.Today.pdf (Accessed: 28 December 2012)…

    • 751 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Power Factor Correction

    • 3193 Words
    • 13 Pages

    Alhamdulillah. I am greatly indebted to Allah on His mercy and blessing for making this project successful. Secondly, I wish to express my sincere appreciation to my degree project supervisor, En. Azhar Bin Ahmad for his encouragement, guidance and valuable advices, without his continued support and interest, this project report would not have been the same as presented here. Next, I would like express my thankful to Universiti Teknikal Malaysia Melaka (UTeM) and their staffs, for the opportunity and encouragement to pursue my study. My sincere appreciation also extends to all my lectures and entire staffs in Utem for their assistance at various occasions. Their views, comments and tips are very helpful in completing this…

    • 3193 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    downsizing

    • 2246 Words
    • 9 Pages

    17. Vincent, A. M., Roger, W. S.: "Assessing the roller coaster of downsizing", Business Horizons, Jul/Aug, Vol. 40 Issue 4, 1997.…

    • 2246 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    All the appreciation and gratitude is for the Almighty Allah who is the most merciful and beneficial. He is the only one who bestowed us knowledge and wisdom and made us capable of doing the challenging tasks. We thank the Almighty for all those capabilities that He granted us to complete this project.…

    • 9529 Words
    • 39 Pages
    Satisfactory Essays
  • Powerful Essays

    Completion of the project is not a one handed affair. It needs timely guidance, co‐operation from the working members and the freedom to work. I am earnestly grateful to Mr. Kamal Manik, Dy. General Manager (Finance), JK Tyre & industries limited, New Delhi for providing me with an opportunity to undertake a project work in their esteemed organization. I would also like to thank Mr. Sanjay Arora and Ms. Namita Gulati for her constant guidance. Finally, I am deeply indebted to all the faculty members of my institute for their valuable contribution during the academic session.…

    • 14178 Words
    • 57 Pages
    Powerful Essays
  • Powerful Essays

    I wish to thank to my project guide Mr. Ramnathan Iyer for his constant encouragement in completing the project successfully, and also for his voluble guidance and expert advice and practical knowledge which contributed to the success of this project work.…

    • 7857 Words
    • 32 Pages
    Powerful Essays
  • Powerful Essays

    My profound gratitude to Almighty Allah for the knowledge, wisdom and understanding that he bestowed on me to carry out this project.…

    • 11924 Words
    • 68 Pages
    Powerful Essays
  • Good Essays

    Marketing 4 Ps

    • 4605 Words
    • 19 Pages

    This project report could not have been completed without the Guidance of our director of the company, Avijit Roy and project Venugopalan .Their timely help & encouragement helped me To complete this project successfully.…

    • 4605 Words
    • 19 Pages
    Good Essays
  • Powerful Essays

    ONIDA

    • 7774 Words
    • 31 Pages

    We take this opportunity to express our profound gratitude and deep regards to our guide Prof. Kuldeep Sharma for his exemplary guidance, monitoring and constant encouragement throughout the course of this project. The blessing, help and guidance given by him time to time shall carry us a long way in the journey of life on which we are about to embark. We also thank our college IIBS Bangalore for their continuous support throughout the project. We would like to thank especially Mr. Jwala Singh, Regional HR, Bonanza Portfolio Ltd. Koramangla, Bangalore for his continuous support and guidance which he showed during the preparation of this report without whom it was ever going to get accomplished.…

    • 7774 Words
    • 31 Pages
    Powerful Essays
  • Good Essays

    Re-Positioning

    • 5570 Words
    • 23 Pages

    Through this I would like to thanks Almighty ALLAH, The most merciful, for providing us the skills and strength to fulfill a task, which could not have seen and achieved without His blessings.…

    • 5570 Words
    • 23 Pages
    Good Essays
  • Better Essays

    Appolo Project

    • 7298 Words
    • 30 Pages

    I wish to express my sincere thanks to Prof. Harsha Sharda (Internal Guide) for the constant guidance and encouragement given by her in every point of project.She was available and was keen for discussion and guidance whenever required.…

    • 7298 Words
    • 30 Pages
    Better Essays
  • Satisfactory Essays

    scam in sahara

    • 389 Words
    • 2 Pages

    With much pride and delight I would like to express my sincere thanks to Dr. Manish Jain (Head of the department) for his excellent guidance and valuable suggestions throughout the project work. I express heartfelt thanks to Mr./Ms…………………………………… (Seminar Project Guide) for her wonderful support and for giving me an opportunity to present project report on “------------------------------------------------------”.…

    • 389 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Mother Dairy

    • 3518 Words
    • 15 Pages

    First of all, I would like to thank the Almighty, for giving me Strength and Perseverance to do this project.…

    • 3518 Words
    • 15 Pages
    Powerful Essays