Thousands of citizens have lost their jobs due to economic decline caused by the tragedies of September 11. Nonetheless, corporate downsizing takes place for many reasons, some of which are respected and others that are not as adequate. However, if downsizing does come about, it can usually be traced back to restructuring, poor strategic planning, or a decline in economic growth.
Alternatives to Downsizing.
When organizations are faced with the issue of cutting costs, many first reactions are to cut labor, which usually results in downsizing. However, it is often recommended to the organizations that are considering downsizing to look at all of their alternatives first and let downsizing be their last option. There are several to be considered, some of which address long-term staffing needs and others provide for a short-term expense reduction.
Long-term alternatives to corporate downsizing require companies to do a lot of extensive planning. Issues regarding the company's future performance must be addressed. The company should try to determine what skills will be needed, as well as which skills will fit the organization's objectives. When organizations take the time to figure out what skills will be essential to the company in the future, the company becomes more capable of hiring key people. This strategy makes it necessary for top management to keep direct contact with the human resources department as well as line managers. Management must be aware of changes taking place in the internal and external environment. Issues concerning technology and the organization's turnover rate must also be addressed. Organizations should make predictions/forecasts on what positions will have vacancies in the future. The company should also know the required skills needed to fill the vacancy, as well as the demand and supply for the desired applicant. Some companies are allowing their employees to come up with their own individual plan, and then the employee's plans are compared to the company's objectives to see if there is a fit.
Downs Syndrome In the United States about one in every 1000 live births is a child with Downs Syndrome. Downs Syndrome affects all races and genders. ... The Medical problems are involved with Downs Syndrome are more severe in Downs then they would be in that of a healthy child. ... ("The Story of Downs Syndrome") What are the Different Types of Downs Syndrome? ... (National Downs Syndrome Assoc.) ...
Downsizing means more than passing out pink slips. ... "Sometimes downsizing is a management tool. ... We won't mention the other costs of downsizing. ... Most companies just announce downsizing, they never tell you why they are downsizing. ... Downsizing should be planned carefully. ...
DOWNSIZING INTRODUCTION Definition In a business enterprise, downsizing is reducing the number of employees on the operating payroll. ... The basic GOAL for a successful downsizing is "work better and cost less". ... Effect of downsizing on employee morale Organizations have seen the negative affects of downsizing. ... Downsizing can threaten employees" sense of well being in several ways. ... Communicating with employees during downsizing is vital. ...
DOWNSIZING INTRODUCTION Definition In a business enterprise, downsizing is reducing the number of employees on the operating payroll. ... The basic GOAL for a successful downsizing is "work better and cost less". ... Effect of downsizing on employee morale Organizations have seen the negative affects of downsizing. ... Downsizing can threaten employees" sense of well being in several ways. ... Communicating with employees during downsizing is vital. ...
Before the downsizing project came into play I did not have to operate a vehicle. ... In conclusion there is no foolproof way for me to protect myself from the downsizing efforts. The impact of downsizing is felt by all, and not only by the employees that loose their jobs. Downsizing has become a common occurance at my company. ... There will always be a negative outcome when downsizing any company without a plan. ...
A lot of organizations invest their efforts in helping the downsized employees to move on. ... To truly benefit from the layoffs and downsizing you experienced, however, you need to invest even more energy in the people who remain behind after downsizing and layoffs. ... A part of these productive capabilities will be lost when a company chooses to downsize. ... Downsizing must consider both the economic aspect and the socio-psychological aspect. ... People experience personal distress during changes such as downsizing. ...
Michael Moore has a talent for bringing modern issues concerning politics and society at large to the forefront. This talent is obviously apparent in Downsize This! Random Threats from an Unarmed American. Bringing serious issues that concern everyone American, and more as evidenced by his incredi...
The Barbershop Assessment The Barbershop is the best real life comical drama I have ever seen. This movie has it all together, from the main character conquest, to the old wise man, Eddie, and accepting people for who they are in life. This movie consists of a real life theme of African-Ame...
Rinehart, by means of Hancock Prospecting, imparts 50 every penny of the benefits produced by the Hope Downs mine, which is worked by Rio Tinto and produces 30 million tons of iron metal yearly. ... In December 1992 Hope Downs Iron Ore entered a State Agreement to pick up security for the Hope Downs dwellings. The Hope Downs mine has initiated, (November 2007) with 50 percent accomplices Rio Tinto Iron Ore (RTIO). A second mine at Hope Downs 1 South started November 2008. The Hope Downs Project speaks to an imperative point of reference for the organization. ...