Get Full Essay Get access to this section to get all help you need with your essay and educational issues. Get Access Human Resources and Downsizing Essay Sample Since few years, an economic downturn has been confronted in developing, as well as, developed parts of the globe, which has resulted in efforts made by businesses and companies to cut-off their costs, in order to acquire higher profit accumulations. In this regard, downsizing has been one of the most utilized options by companies to increase their profits. In the result, such step has affected lives of thousands of employees in different parts of the globe, especially, the United States.
Get Full Essay Get access to this section to get all help you need with your essay and educational issues. Get Access Organizational Change: There can be changes to the structure, positions revised, hours cut and people losing their jobs. Organizational change can happen at the beginning of a business and even after a few years of success, change can happen.
While building an organization to strengthen its products or services, organizational change will happen and the challenge will be to adapt to it. The following will cover the organizational change of corporate downsizing.
First, building an organization to strengthen its products or services, leadership in a company will need to implement the necessary changes to improve the organizations structure.
When organizational change is needed and its best option is downsizing, it becomes part of the long term goals of keeping the company competitive in its industry and staying open to continue serving its customers and clients.
There are organizational changes that can be small and some changes that require a major decision to be made and if management chooses to downsize, they need to prepare and when the announcement is made the appropriate actions are applied.
If there are demands from customers or suppliers, downsizing could make the difference so that the company can expand or survive in its industry. Organizational change Essay on downsizing, large or small, is undertaken to improve some process, procedure, product, service or outcome of interest to management.
So, it must be done right the first time. Understanding the positive and negative effects of downsizing is important to setting up and managing a plan for future success p. Once management has confirm the change is downsizing and has been informed of the what that change entails, then they will need to make sure that the process is appropriate for both groups, those that are going to be let go and those that will survive the change.
Both groups should be informed of the change early in the process, so that everyone will be aware of that a change is being made and that there will be some re-organization of the business and how it will affect their position, roles and responsibilities of their job. Also having a strategic plan is needed so that making the proper changes can be adjusted if necessary and when downsizing, those that are released and those who remain will benefit in a positive manner, even if it is necessary for the growth of the company.
Among other things, strategic plans are based on results from a SWOT strengths, weaknesses, objectives and threats analysis. By applying a SWOT to the plan of downsizing, an organization can re-assess their employees to make their decisions for the organizational environment.
Using this analysis can determine the best opportunities for the future of the company. The Benefits of Downsizing Additionally, organizational change will happen as the company moves forward and as it happens the company needs to able to handle the circumstances that can arise, especially when an organization has to downsize.
The benefits of downsizing can lead the company to brighter future and remain a sustainable company. There are some trends and opportunities such as technology, social media and internet that will help increase the benefits of downsizing.
After downsizing, the company can increase their technology systems, and use the social media, like Face book, Twitter and the World Wide Web to promote the business and improve their product, services and profits. John Kotter, an expert in leadership and change management, believes that organizational change typically fails because senior management makes a host of implementation errors.
Kotter proposed an eight-step process for leading change based on these errors. Unlike the systems model of change, this model is not diagnostic in orientation, its application will not help managers to diagnose what needs to be changed.
If management applies the Kotter eight step process for change, it can make the process of downsizing a bit easier to adapt to and the change will be in a positive way and make the process to move forward and a lot smoother as the transition takes place during the downsizing phase.
Motivating Those That Remain Behind Once management knows who will remain and who will be let go, getting the remaining employees motivated will be a challenge, but with a well-planned approach it will ensure that the goals of the company and employees will be reached.Essay UK offers professional custom essay writing, dissertation writing and coursework writing service.
Our work is high quality, plagiarism-free and delivered on time. Essay UK is a trading name of Student Academic Services Limited, a company registered in England and Wales under Company Number Essay on Corporate Downsizing Words 11 Pages Corporate Downsizing Corporate Downsizing Organizations in every segment of business, industry, government, and education are downsizing.
Layoffs, frequently called downsizing, describe the process in which companies remove temporarily or indefinitely a number of employees from their payroll. The reasons why companies downsize are related to dramatic changes occurring in the environment of the organization.
Globalization and the. Organizational Change: Downsizing: It’s Not Easy Essay Sample There are a lot of different changes that can arise throughout the growth of a company. There can be changes to the structure, positions revised, hours cut and people losing their jobs.
Downsizing Essay Downsizing occurs when a company permanently reduces its workforce. Corporate downsizing is often the result of poor economic conditions or the company’s need to cut jobs in order to lower costs or maintain profitability.
Overview of Corporate DownsOverview of Corporate Downsizing. Corporate downsizing has been the forerunner to the loss of millions of jobs/5(10).