Downsizing
Definition In a business enterprise, downsizing is reducing the number of employees on the operating payroll. Some users distinguish downsizing from a layoff, with downsizing intended to be a permanent downscaling and a layoff intended to be a temporary downscaling in which employees may later be rehiredWhether it is called downsizing, rightsizing, delayering, reduction in force, redundancy elimination, or any of a host of other terms, the expectation of lifelong employment with one employer has now become the exception rather than the rule. Both in the government and the private sector, the loss of that sense of security--combined with the familiar scenario in which the number of employees is reduced but the amount of work remains unchanged--can have devastating effects on the remaining employees, otherwise known as the "survivors." Providing improved service with fewer workers is the hallmark of a successful downsizing. The basic GOAL for a successful downsizing is "work better and cost less”. To help achieve this goal, it is important to review and learn from the experiences of organizations that have downsized--and recognize that downsizing does not always achieve the intended resul
Performance Management often needs attention to ensure that staff feel that the new demands are realistic in terms of the reduced staff resource. They also need to be clear what is expected of them in the new organisation. Reward strategies may also need realigning, but there is a lack of clarity at present about the link between alternative reward strategies and morale. Survivors are affected as they do not fare well in their performance levels and make themselves more anxious for the future . moreover the workplace no longer deems feed suddenly , for the people do not know how to things done as they may be required to do multitasking .with increased workload which creates a confusion in their job profile . it also reduces employees confidence in the management and in effect the company profile which is looked upon with suspicion . a major fallout of this leads to lack of initiative and sincerity on the part of the employees. In addition to the four key areas suggested thus far, take these additional steps, as an organization, to rally your survivors. In extreme cases it may lead to depression , paranoia, high blood pressure and insomnia. In cases where one looks out for other job avenues ,”one may suffer from lack of self confidence and low productivity.”
Some topics in this essay:
INTRODUCTION Definition,
Performance Management,
Hold Kaizen,
Energizing Team,
Organisation Development,
private sector,
people feel,
vision mission,
limitations controlling morale,
traditions organization,
reward strategies,
limitations controlling,
lack clarity,
influence morale,
organization •,
cause effect,
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Approximate Word count = 1998
Approximate Pages = 8 (250 words per page double spaced)
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