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Downsizing and restructuring: lessons from the firing line for revitalizing organizations

Downsizing and restructuring: lessons from the firing line for revitalizing organizations Notes that organizations throughout the industrialized world continue to downsize and restructure in response to global competitive pressures. Some firms downsize more than once, and indications are that downsizing and restructuring efforts will continue over the next decade at least. States that, unfortunately, many, perhaps half of these initiatives are unsuccessful. Outlines a three‐stage model designed to improve downsizing and restructuring efforts. The first stage, initiation, involves planning the revitalization efforts. The second stage, implementation, outlines the ways of smoothing the transition. The final stage, institutionalization, comes to grips with healing and refocusing the organization. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Leadership & Organization Development Journal Emerald Publishing

Downsizing and restructuring: lessons from the firing line for revitalizing organizations

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Publisher
Emerald Publishing
Copyright
Copyright © 1997 MCB UP Ltd. All rights reserved.
ISSN
0143-7739
DOI
10.1108/01437739710190639
Publisher site
See Article on Publisher Site

Abstract

Notes that organizations throughout the industrialized world continue to downsize and restructure in response to global competitive pressures. Some firms downsize more than once, and indications are that downsizing and restructuring efforts will continue over the next decade at least. States that, unfortunately, many, perhaps half of these initiatives are unsuccessful. Outlines a three‐stage model designed to improve downsizing and restructuring efforts. The first stage, initiation, involves planning the revitalization efforts. The second stage, implementation, outlines the ways of smoothing the transition. The final stage, institutionalization, comes to grips with healing and refocusing the organization.

Journal

Leadership & Organization Development Journal – Emerald Publishing

Published: Dec 1, 1997

Keywords: Downsizing; Implementation; Planning

References

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    Axmith, M.
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    Baumahl, B.
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    Bennett, A.
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    Brockner, J.; Wiesenfeld, B.M.; Martin, C.L.
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    Brockner, J.; Grover, S.; Reed, T.; DeWitt, R.; O’Malley, M.
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    Bruton, G.D.; Keels, J.K.; Shook, C.L.
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    Cameron, K.; Freeman, S.J.; Mishra, A.K.
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    Cascio, W.F.
  • Whither industrial and organizational psychology in a changing world of work?
    Cascio, W.F.
  • Learning from outcomes: financial experiences of 300 firms that have downsized
    Cascio, W.F. (in press)