Employee Morale After Downsizing Downsizing has become a significant idea in today ’s economy and maintaining the trust of employees when something like this takes place has also become very serious business (Brockner‚ Konovsky‚ Cooper-Schneider‚ Folger‚ Martin‚ & Bies‚ 1994). The question is not whether a company should downsize their employees but how to do the downsizing properly so that as few employees as possible are injured (Brockner‚ Konovsky‚ Cooper-Schneider‚ Folger‚ Martin‚ & Bies
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Appelbaum‚ H. S.‚ Lavigne-Schmidt‚ S.: "Downsizing: Measuring the Costs of Failure"‚ Journal of Management Development‚ Vol. 18 Issue 5/6‚ 1999. 2. Baumol‚ Wiliam J.‚ Blinder‚ Alan S.‚ & Edward N. Wolff (2004). Downsizing in America. Reality‚ Causes‚ Consequences. New York‚ Russell Sage Foundation. 3. Burke‚ J. R.‚ Nelson D.: "Mergers and Acquisitions‚ Downsizing‚ and Privatization: A North American Perspective"‚ in The New Organizational Realty – Downsizing‚ Restructuring and Privatization‚ American
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Research Paper Downsizing envoys: A public/private sector comparison Ref: 11/12 2012 Dr Ian Ashman Institute for Research into Organisation‚ Work and Employment University of Central Lancashire For any further information on this study‚ or other aspects of the Acas Research and Evaluation programme‚ please telephone 020 7210 3673 or email research@acas.org.uk Acas research publications can be found at www.acas.org.uk/researchpapers ISBN 978-1-908370-22-8 Downsizing envoys: A public/private
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Exploration of meaning of downsizing – Definition Organizational Perspective Downsizing is the planned set of organizational policies and practices aimed at reducing the extant workforce with the goal of improving firm performance (Datta et al.‚ 2010: 282) Individual Perspective Downsizing is a constellation
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Downsizing has become an extremely popular strategy in today ’s business environment. Companies began downsizing in the late 1970 ’s to cut costs and improve the bottom line (Mishra et al.‚ 1998). The term "downsizing" was coined to describe the action of dismissing a large portion of a company ’s workforce in a very short period of time. According to online encyclopedia http://en.wikipedia.org downsizing refers to "layoffs initiated by a company in order to cut labor costs by reducing the size
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Can Downsizing be a prudent HR Management decision? Introduction Human resource management has evolved from a largely administrative and operational role to one that plays an important part in strategic planning. This shift is more evident in its role towards downsizing. The decision to downsize is a decision that requires careful planning and consideration. It is critical to consider the long-term effects that short-term cost cutting measures can bring. Downsizing creates disruptions in
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were the cities forced to consider downsizing? The cities were forced to consider downsizing because of several years of facing economic challenges in the county‚ along with shrinking population base‚ and having to cut down on budgets down to penny for the past month. 2 What are the positives of downsizing? Some of the positives of downsizing were when salaries and employee costs were held down. 3 What are the negatives? Some of the negatives of downsizing included decreases in productivity
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HR STRATEGIES THAT CAN TAKE THE STING OUT OF DOWNSIZING-RELATED LAYOFFS by Franco Gandolfi Strategy | July / August 2008 Share on emailEmail Share on twitterShare on Twitter Share on facebookPost to Facebook Share on linkedinShare on LinkedIn Share on deliciousSave to Delicious Share on instapaperSave to Instapaper While the pain of downsizing-related layoffs can’t be avoided entirely‚ it can be mitigated. Anticipating the duration and depth of an industry downturn‚ for example‚ can definitely
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are faced with dire consequences. The following report includes expected reactions by employees who continue to work within an organization after a company downsizing. The report is further directed towards management efforts to repair the torn work atmosphere‚ as it includes cases that both convey ineffective downsizing practices and outline successful downsizing strategies. The extent of the research was conducted through many secondary sources‚ with the main content heavily based on previous academic
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TABLE OF CONTENTS 1. INTRODUCTION 2. LITERATURE REVIEW ➢ Conceptual approach to employee downsizing Downsizing and employee attitude ➢ Employee morale during downsizing ➢ Organizational climate also affects employee retention rate and positively affects employee downsizing rate ➢ Tips for creating an effective organizational climate for minimum employee down sizing ➢ Organizational vital signs-a leading indicator
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