By Alan Downs
This article argues that downsizing has had devastating results on businesses, staff and groups. It deals suggestions for developing leaner, extra aggressive corporations via managed development and dependable making plans. The ebook performs into the continued debate in regards to the function of shareholders as opposed to staff and groups, the arrival of "turbo-charged capitalism" and the query of even if companies must have a accountability past the momentary base line.
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Extra info for Corporate executions: the ugly truth about layoffs--how corporate greed is shattering lives, companies, and communities
All of the published research I could get my hands on was also questioning the utility of layoffs. Try as I might, I found little beyond mere philosophic dogma and hopeful speculation to suggest lay- Page xi offs really workedand everything pointed in the direction that layoffs were as dangerous as the sickness they were supposed to cure. After mulling over the implications, I had a change of perspective about the efficacy of layoffs. This book is the culmination of my travels among many organizations that have found even the best designed layoff to be a very bitter pill.
The gym equipment, which inevitably breaks down, seemed to stay unrepaired for months at a time; the showers had started to reek with an odor that was reminiscent of my high school locker room; and the hot water heater seemed to be broken, until the front Page 6 desk person walked inside a closet and flipped a miraculous little switch that fixed itafter I had finished. To top it all off, Manny, the retired schoolteacher who operated a small juice and coffee bar in the front corner of the main room, had also been let go.
That means we must retain only those jobs that are essential to the business. " The Strategic Flexibility Story "The rapid pace of technological change continues to affect our organization. Products we made five years ago are now obsolete. The key to our company's survival is being able to keep up with this overexercising rate of change. This means continually reconfiguring our organization in order to position ourselves with these changes and to be a future leader in the marketplace. As a result, we have decided to discontinue the product you produce and go with a new technology.
Corporate executions: the ugly truth about layoffs--how corporate greed is shattering lives, companies, and communities by Alan Downs