Bassen, N. (2008). Downsizing: An ounce of prevention versus a ton of litigation. Retrieved from Hughes Hubbard.
Gross, B. (2011). Severance pay tips for small business owners. Retrieved from All Business.
Leffler, K. (. (1999). Critical incidents in management. Needham...
t e r e v i e w. c o m
p o s T m E R g E R I n T E g R AT I o n
distribution of downsizing between the merged organizations intensifies the scope of employee-related risks; the emergence of a winner-loser mentality inevitably leads to resistance among staff who...
STATEMENT OF THE PROBLEM
It is essential for a commercial bank to understand how to retain employees and avoid high turn-over. By identifying the reason why employees resign to their job, the bank has much greater chance of retaining their employees and future leaders. The following...
the study is limited to literature available on web and journals.
THE METAMORPHOSIS: A CHALLENGE
16. The aim of drastic reduction of the staff was to make the company more cost effective and profitable so it could compete with the global steel firms. The defining moment for...
the Australian resources
sector in 2009 exploring human resource (HR) managers’ perceptions of how their
organizational practices and external contextual changes in industrial relations legislation
present challenges for the sector and influence attraction and retention of highly skilled
major contributor to the organization's revenue and behavioural standards), was not truly required to change despite top management's assertions of urgency, engendering cynicism in the staff.
These situations and the multitude of similar ones executives regularly face are not intractable...
outcomes, particularly downsizing and redeployment:
“The advantage you get out of that is you can cross-train your nursing staff to
work in coronary care or ICU, medical or surgical. And there’s continuity
with patients as well so they get to see the same faces. By doing that of course
we believe you...
biggest challenge in leading a successful merger or acquisition, followed by making the deal generate long term value. Less skilled firms in the art of M&A also focused on talent management but failed to create the fundamental climate of ownership that recognised the value of staff.
for the repiacement of this iarge and knowiedgeabie cohort of workers. This articie addresses the particuiar risks and chaiienges that organizations face in ensuring the transfer of the vaiuabie knowiedge that oider workers possess before they retire.
magine you are an HR executive and there are two...
competitors, suppliers, buyers, substitutes and new entrants. One common denominator these elements have is the effect they have on costs. Cost is an important issue inherent in the industry. In an organization, Human Resources deal with how to manage costs specifically one that involves the staff...
Canadian companies and organizations but against the world. Highly skilled, talented, or experienced workers will
have their pick of employers and retaining this group will require an equally skilled and resourceful HR team.
Retaining Older Workers
A subset of the retention challenge is how to keep...
leaders who possess the requisite skills of self- awareness, vision, communication, and authenticity
amongst others. The challenge will be whether leaders can recognize and acquire the competencies
needed to manage and lead their talent base in order to remain competitive in...
for new products and services.
Global Communications needs educational awareness of cross-cultural communication and language barriers. The staff should also be educated on what the company expects of its employers and interpretation of work related concepts used in the daily operation of the...
has resulted in a loss of profit for the company and its shareholders. To adapt to an ever changing business environment, GC is faced with tough challenges ahead and managerial decisions that will ultimately have an impact on employee its relations. The company has an opportunity to turn profits around...
. Changing values and attitudes typically create new challenges for the HR manager, for example: how to handle dual career couples in an interstate or international transfer; whether benefits coverage should be extended to the partners of gay employees; what to do about smoking in the workplace; and...
harvard business review
January – February 1998
a n ew m a n dat e f o r h u m a n r e s o u r c e s
C hange Begins by A sking
Who, Why, What, and How
HR staff at GE used this change model to guide a transformation process at the company.
Key Success Factors
organization is a challenge and an opportunity. Keeping the best people, once found, is easy if management does the right things right.
Selecting and retaining top notch staff is key for business success. Talented people who continue to develop skills and increase their value to organization and to...
, face currently globally and locally. At the same time I would like to share my views on the gap between CTM’s HR Agenda against the Employees’ Expectation (People Agenda) with the challenges in aligning both. Finally, at the end of this session, our intention is to look into the topic I believe is the...
themes: the HR department’s role in management training; improving the quality of the culture of the organization; and increasing employee satisfaction and productivity. If the challenges that HR departments face is not altered, the existence of those departments has a great likelihood of becoming...
organizational change involving proposed work force redesign, downsizing and a physical move to a new hospital. Design/methodology/approach – Participants included executives, supervisory and non-supervisory staff in a major tertiary hospital. Recorded in-depth interviews were conducted with 61...
keeping them as well ( Michaels et al., 2002). As the global markets shift, companies face more competition and sometimes unanticipated occurrences. Therefore, the need to have calculated ways of attracting, developing and retaining workers becomes paramount (McCauley & Wakefield, 2006). As maintained...
product of what each person brings into the organization and how they connect with existing staff. Therefore, rather than work roles being planned and fixed, they become indefinite. It is more likely that jobs will develop around individuals rather than the reverse. Therefore, as well as impacting on...
downsizing was ‘to release about sixty workers per week from the beginning of
November’. Fortune said ‘it would be done as quietly as possible with a few from
each department being made redundant each week’. A few existing staff had been told
their positions were secure. Although there...
Situational analysis. A situational analysis includes “six key areas: product, target market, distribution, competitors, financial and other issues” (How to Write, 2009, p. 3). Global’s primary product is providing telecommunications services, and the company has decided to expand services in order to...
Management Practice, Arthur D. Little Inc.
‘Innovation has always been a challenge, but never more so nowadays in these turbulent times. This second edition of Managing Innovation helps address the practicalities
of the challenge and places them ﬁrmly in today’s new environment, where technology
of company stock are as follows: (Officers Names and % Ownership Deleted) The company employs approximately (Number Deleted) full time staff including a sales staff of (Number Deleted). Types of Facilities - The Subject Company occupies two adjacent buildings which are a mix of office space and industrial...
issue involves what approach management takes when first considering how to implement the framework throughout the organization. An entity’s size, complexity, industry, culture, management style, and other attributes will affect how the framework’s concepts and principles are most effectively and efficiently...
facing many challenges, many of who are detrimental to the company. This paper explores how the organization plans to tackles the financial, shareholder, and employee troubles that it presently faces and suggests solutions to the internal communication challenges that exist. All of these challenges and solutions...
, welltrained people. How do you increase the probability that radical, new, wealth-creating ideas will emerge in your organization? Certainly not by indiscriminate downsizing of your workforce or by trying to imitate the best practices of other companies. Rather, a key task for leaders is to create an...
training and development is always a major role of HRD of the Center.
Different kinds of professional development program are offer for internal staff throughout the year. It serves as a part of succession planning to help an employee be eligible for a planned change in role in the organization. It...