FACTA UNIVERSITATIS Series: Economics and Organization Vol. 5‚ No 1‚ 2008‚ pp. 51 - 62 THE IMPACT OF DOWNSIZING ON THE CORPORATE REPUTATION UDC 005.32 ∗ Biljana Djordjević‚ Suzana Djukić Faculty of Economics‚ University of Niš‚ Serbia Abstract. This paper deals with the downsizing influences on the corporate reputation. In this paper we stress the importance of the corporate reputation as one of the most important firm ’s intangible assets. This kind of resources could be a significant
Premium Organizational studies Management Organizational studies and human resource management
automobiles are sold in 192 countries. The headquarters of the company is located in Detroit‚ USA. The automobiles manufactured by General Motors were marketed under many brands – most renowned among them were Buick‚ Cadillac‚ Chevrolet‚ GMC‚ Holden‚ Hummer (which was discontinued in 2010)‚ Opel‚ Pontiac and Saturn. But in the context of the restructuring of the group‚ which officially began in June 2009‚ only six brands are kept by the company‚ and the rest are either sold or discontinued. In a difficult
Premium Automotive industry General Motors
Course Project: Leadership & Organizational Behavior in Action August 26‚ 2012 I. Introduction xxxx Insurance Company is a Fortune 100 company based in Northbrook‚ Illinois that employs over 50‚000 employees across the country. It is widely known through its “You are in Good Hands with Allstate” slogan. Allstate’s major business is private passenger auto and homeowners insurance which are marketed under the Allstate brand‚ Encompass and Esurance (acquired in 2011). This course
Premium Leadership Management Organizational studies and human resource management
GM Animals Wa aeG Aias (ne ht r M nml? An) Gntc mdfcto o a aia ivle atrn is gntc eei oiiain f n nml novs leig t eei mtra b adn‚ cagn o rmvn cran DA sqecs i a aeil y dig hnig r eoig eti N eune n wy ta de nt ocr ntrly I am t mdf seii a ht os o cu aual. t is o oiy pcfc caatrsis o a aia o itoue a nw tat sc a hrceitc f n nml r nrdc e ri‚ uh s dsae rssac o ehne got.DAi tegntcmtra o ies eitne r nacd rwh N s h eei aeil f a ogns ad cris te isrcin fr al te caatrsis n raim n are h ntutos
Premium
INTRUDUCTION Downsizing is a permanent reduction of workforce through layoffs and other means. Organizations usually downsize to save payroll costs and prevent bankruptcy during tight economic conditions. Downsizing‚ when done right‚ makes the organization more efficient‚ lean‚ and mean .On the other side‚ a faulty approach to downsizing can cause the organization to run the risk of losing key talent and intellectual capital‚ and becoming dysfunctional by breakdown of hierarchies and systems. The
Premium Layoff Employment Termination of employment
Solution to the problems of Downsizing and Redundancy Time is changed. Trends are modified in almost every aspect of life. There was a time‚ when the person who lost his job due to downsizing found him helpless in finding the new one. He used to immediately approach the local unemployment office and start finding jobs on web or in newspapers. He is totally on his own in finding a new job. But now things are modified. Organizational restructuring has made it easier for the employees who are fired
Premium Layoff Employment Termination of employment
Case Studies in Ethics Ethics Case Study 1 The Center for Alcohol Education‚ Inc.‚ is a small‚ struggling nonprofit agency that targets the prevention of alcohol use among teenagers. Funding has never been adequate to support its projects‚ and its executive director has been considering some layoffs to stay afloat. Recently‚ the Bettleheim Brewing Company has let it be known that it will be providing grant dollars for responsible alcohol use. Bettleheim’s public relations director was recently
Premium Drug addiction Ethics Addiction
CHALLENGES 7 INDUSTRY OPPORTUNITIES 8 III-RATIO & STOCKS ANALYSIS GM TREND ANALYSIS 9 GM‚ FORD & TOYOTA BENCHMARK ANALYSIS 10 STOCK PERFORMANCES 12 IV-CONCLUSION CONCLUSION 14 V-APPENDIX COMPANY FINANCIAL STATEMENTS 16 RATIO CALCULATIONS 21 WORKS CITED 27 I- company information General Motors (GM) is one of the biggest automotive manufacturers in the world‚ and the largest in the U.S. It’s headquarter is located in Detroit‚ MI. GM has total of 396 facilities in 6 continents and supplies more
Premium General Motors Automotive industry Generally Accepted Accounting Principles
Downsizing: The Financial and Human Implications This essay examines the effects of downsizing with regard to the human and financial implications. Since the mid to late 1980s‚ downsizing has “transformed the corporate landscape and changed the lives of hundreds of millions of individuals around the world” (Gandolfi‚ 2008‚ p.3). For the purposes of this essay‚ downsizing is defined as the planned elimination of jobs‚ involving redundancies‚ and is designed to improve financial performance (Macky
Premium Layoff Management
Downsizing Impacts Organizational Commitment The article‚ “Survivors and Victims‚ a Meta-analytical Review of Fairness and Organizational Commitment after Downsizing” by Dirk Van Dierendonck and Gabriele Jacobs‚ analyzes the effects of downsizing on employee commitment. The authors explain that downsizing has a serious effect on everyone involved‚ including the victims and survivors. Although downsizing provides a short term solution‚ it ultimately results in lowered organizational commitment
Premium Management Organization Victim