Wednesday, April 17, 2019
Survivors' reactions to organizational downsizing Essay
Survivors reactions to organizational downsizing - undertake ExampleEach organizational downsizing event could result to predictable outcomes in terms of having interchangeable issues related to the feelings of betrayal, loss of trust in the management of the company, and experiencing internal conflicts between the corporate management and employees in line with retaining and losing their job. (Strom, 2008) As a result, the lack of organizational commitment among the stakeholders of the company becomes a major conundrum that top management needs to solve.For this study, the investigator will first discuss the theory and concept laughingstock the organizational downsizing. Aiming to address whether the implementation of organizational downsizing could create a positive impact to the business, the researcher will discuss the possible effects of implementing organizational downsizing in terms of the long-term positivity of the firms and employee performance. Prior to the conclusio n, the researcher will discuss the proper handling of resistance to change particularly on the affected employees.organizations conscious use of permanent personnel reductions in order to meliorate its efficiency and/or effectiveness. In other words, the main idea of an organizational downsizing is intentionally and for good reduces the number of employees within a business organization. (Budros, 1999 McKinley et al., 1995 Mishra and Mishra, 1994)Organizational downsizing is related to the increase in the managers earnings in terms of having a positive growth in sales. (Jensen, 1986 Murphy, 1985) This strategy could enable the company to turn down unnecessary levels needed to enhance the overall effeciency required to keep the business competitive in the markets. (Koretz, 1997 McKinley et al., 1995 Bryne, 1994) Basically, in the raw down the operational cost by reducing the size of the work force could increase the positivity of the
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