Organisation restructuring and downsizing
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Transcript of Organisation restructuring and downsizing
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Trishalla Miranda – 3041 Moriska Dias – 3013 Melita Silva-ribeiro – 3057 Cheryl Fernandes – 3023 Lydia Mathias – 3039 Daniel D’souza – 3016 Sean Cortez – 3009 Malaika D’souza - 3019
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EXECUTIVESUMMARY
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ORGANISATIONAL RESTRUCTURING
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RESTRUCTURING
CHANGE REPORTING STRUCTURE
DEPARTMENTS- NEWLY CREATED OR DISAPPEAR
NO NEED FOR EMPLOYEES TO BE HIRED OR FIRED IN AN
ORGANISATION.
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WHAT IS THE STRUCTURE OF THE COMPANY ?
HAS THE ORGANISATION UNDERGONE RESTRUCTURING ?
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PROFIT & PRODUCTIVITY
OPERATIONAL REQUIREMENTS
CO-ORDINATION, COMMUNICATION AND ACCOUNTABILITY
STAFFING
MORALE
CHANGE IN NATURE OF BUSINESS
PURPOSE
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WERE ANY POSITIONS CREATED OR ELIMINATED DUE TO RESTRUCTURING ?
WHICH DEPARTMENTS WERE TAKEN INTO CONSIDERATION ?
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ADVANTAGES OF RESTRUCTURING
OPERATIONAL COSTS MAY DECREASE. (IF DOWNSIZED)
COMMUNICATION AND DECISION MAKING OFTEN IMPROVE.
MAY ENJOY INCREASED OPERATIONAL EFFICIENCY.
LIKEWISE, OUTSOURCED OPERATIONS ARE ECONOMICAL THAN IN-HOUSE LABOR.
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DISADVANTAGES OF RESTRUCTURING
It may lose highly skilled workers. (IF downsized)
Added training expenses
Productivity may suffer while employees learn their new roles
May lead to low worker morale poor customer service & an insecure feeling among them if downsized
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DOWNSIZING IS REDUCING THE NUMBER OF EMPLOYEES
ON THE OPERATING PAYROLL. DOWNSIZING OCCURS
WHEN A COMPANY PERMANENTLY REDUCES ITS
WORKFORCE.
WHAT IS DOWNSIZING ?
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HAS THE COMPANY UNDERGONE DOWNSIZING ? IF YES, KINDLY ELABORATE.
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CAUSES FOR DOWNSIZING
COST REDUCTION
REDUCE LAYERS OF MANAGEMENT
LESS PROJECTS
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ADVANTAGES OF DOWNSIZING
ORGANISATION
Less repetition
Financial saving
EMPLOYEES
Severance pay
Alternative Employment
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WERE ANY BENEFITS PROVIDED TO THE EMPLOYEES WHO WERE ASKED TO LEAVE ?
WHAT WAS THE REACTION OF THE STAFF ?
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FINANCIAL COST
DECLINE IN CREATIVITY AND PRODUCTIVITY
DECLINE IN REPUTATION OF THE FIRM
LEGAL ISSUES
DISADVANTAGES OF DOWNSIZING
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WHAT WAS THE IMPACT OF DOWNSIZING ?
WHAT ARE THE REASONS FOR DOWNSIZING AND RESTRUCTURING ?
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DIFFERENCE
RESTRUCTURINGDOWNSIZING
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CONCLUSION
In an organization restructuring and downsizing happen
only when the firm faces a financial crisis because they
need to cut down on costs. Downsizing and restructuring
can be good for the organization as it helps in increasing
efficiency and profitability too.
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REFERENCES
http://tejas.iimb.ac.in/articles/16.php www.threesigma.com/organizational_restructuring.html
Shelley Frost- demand media
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THANK YOU