Free Essays on Downsizing to Get Inspired & Learn by Example

Abstract

Succession planning is a better alternative to downsizing in a company that aims at effective long-term staffing options. It saves the company not only in economic terms but also on the negativity associated with staff layoffs and firing for economic reasons. Succession planning is more of an internal company affair, and it involves an institution identifying the types of management and skills needed in positions at the various operational levels. The human resource department is instrumental in formulating an effective succession plan by identifying the positions and the candidates. Over time, employees of an organization gain skills and experiences Continue reading...

INTERNATIONAL PERSPECTIVES IN ORGANIZATIONS

Javidan et al. (2006). Cross cultural lessons in leadership from project GLOBE. Academy of Management Perspectives. 67-89
This article underscores the centrality of global leadership in the success of multinational corporations. It relies on the Global Leadership and Organizational Behavior Effectiveness (GLOBE) to offer a premise for conceptualizing worldview. A hypothetical case of an American executive has been used discuss cultural implications. The executive is in charge of four teams in four countries including Egypt, Brazil, China and France. Javidan et al. (2006) posited that the impact of globalization is affecting all American corporations. Thus, American corporations can attain Continue reading...

Interview with a Downsized or Fired Person

Interviewee’s name: Jonathan McCarthy

Introduction
Most companies in the world have adopted downsizing or firing mechanisms in order to take to the changing market demands. They also believe that downsizing and firing some of the employees enable the company to save a tremendous amount of money. The technique lacks enough evidence of its impact on the company and the market at large. The paper takes into account the nature of an interview that involves a downsized employee. Does the company achieve a long-term success through downsizing its employees?
The question gives a detailed track of the effect companies Continue reading...

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Introduction

At times, layoffs may be necessary for an organization to sustain its business and survival in market. However, terminations or layoffs must be handled with utmost care so as to prevent any negative feelings emerging against the organization. For example, growing negative feelings emerging from some unexplained layoff may trigger the undesired attrition or prevent the ability to retain talented people. "From a company's standpoint, the decision to terminate a group of employees is fraught with potential legal, financial and public relations consequences," said Thomas Silveri, president and chief executive officer of Consulting Continue reading...

Introduction

Change is an inevitable occurrence in a workplace or office. Changes may be brought about because of instances such as cost efficiency, the desire to stay up-to-date, or the implementation of the strategic programs mandated by government or made by the company. According to Finn and Nayab (2012) the following are the reasons behind changes made in a company: (1) changing of the nature of the business; (2) downsizing; (3) new work methods; (4) new management methods; (5) quality management;(6) mergers and acquisitions; (7) finance related issues; (8) buy-outs; (9) and statutory and legal compliance. The abovementioned reasons Continue reading...

IN THE HOSPITALITY INDUSTRY

Question 1.
Assume that you were beginning your first (entry level) management position at a hospitality organization that is unionized. How, if all, do you think your initial work experiences would be different than if your initial employment was with a nonunionized property? Which type of beginning management position would you most like? Why?
My initial work experiences at a hospitality organization that is unionized will definitely be different than those at a nonunionized company. First of all I will have to make myself familiar with current labor contracts to make sure that I do not violate them. If Continue reading...

Executive Summary

Unemployment in an organization has to be dealt with before it enters the vicious stage. There are a number of cases related to unemployment in organizational perspective. From these, the case to be discussed here is the layoff experienced by the employees of a company named Boeing in 1998. The reason behind this unemployment, its scope, measurements and the ways by means of which it was reduced has been discussed in this paper.

Introduction

Organizations should take care that downsizing when done, must only shed the extra fats and not the organizational strength muscles. It is not a strategy rather Continue reading...

[Class Title]

Plans of downsizing the U.S. military have drawn much attention recently and yet it is quite ironic that a major segment of the military is experiencing personnel shortage. Since 2011, the United States government has shown their intention of reducing the number of military service men. The plan is to shrink down the number of military personnel from approximately 514,000 soldiers and gradually trim the numbers to 490,000 by October 2015 until it reaches the planned number of 450,000 soldiers by 2019. The Army is the most affected segment of the military restructuring as Continue reading...

The HRM is considered to support the development of an organization and the people operating in that industry. The human resource management is about collaborating and assisting in the development of the employee talent; it also involves implementing latest and effective programs. These programs promote active communication and cooperation between the employees for their and the organizations development. The human resource management can play an integral role and make a significant difference in a health care company’s performance level.
Q1) Present each of the three trends, using the literature to support why these will be important trends in Continue reading...

Part 1: Unemployment rate

The month under consideration is February 2015. The unemployment rate was 5.5%. The unemployment rate for previous month (January 2015) was 5.7%. The overall unemployment rate went down by 0.2 points.
The unemployment rate for adult women for the month of February 2015 was 4.9% and for teenagers it was 17.1%. The unemployment rate for blacks in the month of February 2015 was 10.4%, 6.6% among the Hispanics and 4.7% among whites. In the previous month of January 2015, the unemployment rate of adult women was 5.1% meaning it went down by 0.2 points. The unemployment rate of teenagers Continue reading...