DOWNSIZING – AN EFFECTIVE FORM OF ORGANISATIONAL CHANGE THAT SEEKS TO IMPROVE BUSINESS PERFORMANCE? Personnel restructuring‚ right sizing‚ reductions in force or the most common term used; downsizing‚ is defined by Budros (1999 : 70) as “An organization’s conscious use of permanent personnel reductions in an attempt to improve its efficiency and/or effectiveness”1 Downsizing has occurred throughout the industrialized world (Ryan & Macky‚ 1998)2‚ affected blue and white collar workers (Littler
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How to improve your conversational skills Hello friends. A very good morning to all of you. Today I’m going to speak on ‘How to improve your conversational skills’. The feeling of being tongue-tied is familiar to many of us. We admire people who can express their thoughts with fluency and confidence. Some people think that a conversational skill is a gift‚ while others believe that this is the result of training. A blabbermouth monopolizes the conversation‚ turning it into a monologue
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of the Financial Manager in Maximizing Shareholder Value The overarching goal of the financial manager in a for-profit business should be the maximization of value for shareholders. However‚ managerial goals may be different from shareholders. Management will continuously attempt to control and require adequate resources to prevent the company from going out of business. In addition‚ if left to engage in their own goals rather than those of shareholders‚ financial managers will choose to make
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Give life‚ give blood! Imagine your mom‚ dad‚ son‚ and or‚ daughter in a tragic car accident‚ or diagnosed with cancer. The only chance of survival is a blood transfusion‚ because your blood type is not a match. We all expect that blood will be there for us or a loved one; however‚ hardly a fraction of people that can give blood actually do. At some point of our lives we may face a time of susceptibility where we will need blood. The day-to-day need for blood never ends. Statistics
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How to Improve Neighborliness in Your Neighborhood In the old days‚ people know everything about their neighbor and knowing well about their neighbor is a joyful thing for them in life. There were when children were still playing in the playground‚ old folks were having walk in the gardens and people who still support and lend a hand when their neighbor needs them. What about now? Do you see children playing in the garden with their neighbor? Do you still even see anybody lend a hand when their
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of China’s tourism industry‚ the hospitality industry has an increasing scale and the intense competition‚ so that the problems of development in the hospitality industry are increasing. The high hotel staff turnover rate has became a trouble for managers. As the labor-intensive industry‚ the staff turnover rate in the hospitality should be less than 15% under normal circumstances. However‚ a survey conducted by World Hotel in April‚ 2009 shows that 35% of hotels’ staff turnover rate is more than
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How to Improve Your School Did you ever feel that your school is not the best it could be? Do you want to do something about it? Grab some friends and let’s get going! Ad Steps 1. 1 Talk to someone. Talk to your school administrators‚ the PTA or PTO that represents your school‚ civic organisations‚ and other groups that have to give you permission‚ or groups that can offer resources for your efforts. Ad 2. 2 Add a garden. A garden is a great way to get some plants to serve at lunch or give to
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decisions solely without the manager‚ they can express their opinions when making decisions. The manager (Ramail) in our Norming stage shows how consultative managers act. He asked about his members’ opinions and after collecting all of them‚ he decided that Zaq’s opinion regarding the matter of the binder clip’s size is thought to be really small when it comes to holding many papers. No one can change the decision except Ramail himself. This is the example of a consultative manager. In the Norming stage
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How to Set a Workplace Vacation Policy A guide to structuring a vacation policy that sets the tone for your benefits package and keeps employees happy and motivated - not to mention gives your company a competitive edge. Deciding what sort of vacation policy you want your company to have is an important step for any business owner in creating a comprehensive employee benefits package. Whether you want to create a system of rewards‚ or you are just trying to create a set of guidelines for time off
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competitive world‚ nowadays‚ managers play a crucial role in remaining operations of companies. With increasingly rapid changes in the technology‚ culture and economy‚ a manager is put on a lot of pressure to ensure that the company is run in an effective way. A successful manager operates as catalysts‚ enablers‚ developers and coaches to help others make decisions instead of making them all themselves (Mitch McCrimmon‚ 2010). As Dario Priolo (2011) said‚ an "effective" manager takes responsibility for
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