Working for big organizations with a handsome salary and benefits with a secured future is the dream of almost every individual. While things may go smooth in a company with a cooperative boss and preferred tasks, circumstances can unpredictably go wrong as change is inevitable. Between state’s economic condition and the organization’s fluctuating shares, employees can experience the worse in the form of being terminated, relocated or by undergoing a complete structural change.
Downsizing as the name suggests, is all about reducing the number of employees in an organization. Apart from simply terminating the employees, other alternatives to downsizing include getting ...
Downsizing College Essays Samples For Students
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Introduction
Throughout this discussion, we will review the various aspects of military downsizing and its overall effects on the service members. This paper will go into greater detail about two various perspectives about the issue at hand and the first one will be that military downsizing is really dangerous and pernicious policy for the army to pursue. While the second perspective consists of certain advantages of military downsizing that could be proven to be beneficial to the military members and the country as a whole.
Statistics
In order to understand the military downsizing, we must first ...
Leadership
Introduction
Leaders in the society face numerous issues which if not dealt effectively ultimately result in the downfall of the organization they represent or tarnishing of their reputation. In this paper the two issues that would be selected to analyze how leaders deal with them are: challenges of downsizing, and dealing with off-shoring of jobs. In dealing with the latter issue, challenges of leading teams overseas while keeping morale in USA would be highlighted. Therefore, the two articles selected in analyzing these issues are from USA Today and were authored by Lynch (2008), and Davidson (2010).
Servant Leadership
Servant leadership ...
RESEARCH SUGGESTS THAT THOSE ORGANIZATIONS DOWNSIZING CAN REDUCE THE LIKELIHOOD OF PSYCHOLOGICAL CONTRACT VIOLATION BY ENSURING THAT HR PRACTICES CONTRIBUTE TO EMPLOYEE’S PERCEPTIONS OF PROCEDURAL FAIRNESS
Introduction
The research carried out so far about the relationship between downsizing and psychological contract violation shows that the organizations that practices downsizing can greatly reduce the likelihood of psychological contract violations, by ensuring that human resource practices contribute to the employee’s perceptions of procedural fairness. This paper shall coherently and comprehensively discuss the above claimed notion so as to validate whether it is true or not. However, we discuss the main ...
Introduction
The research carried out so far about the relationship between downsizing and psychological contract violation shows that the organizations that practices downsizing can greatly reduce the likelihood of psychological contract violations, by ensuring that human resource practices contribute to the employee’s perceptions of procedural fairness. This paper shall coherently and comprehensively discuss the above claimed notion so as to validate whether it is true or not. However, we discuss the main theme for this paper, it is prudent that we define the term psychological contract. The term psychological contract can mean a dynamic two way exchange, or the perceived ...
Downsizing is defined as a deliberate design within organization that aims to reduce the workforce in order to improve the performance of the organization. It is a managerial tool to improve efficiency, productivity and to enhance the competitiveness of the organization. From the organizational point of view, this act is a positive strategy while the human resource considers it a threat. The paper focuses on how downsizing impacts the relation between the organization and its members; the reaction of the retainers and how they perceive the organization.
Some of the benefits of downsizing include greater flexibility, enhanced quality, rise in productivity and ...
Organization Change
Analysis
When it comes to globalization, the impacts are often looked at in terms of corporations and businesses. However, the scope of the globalization and the change management involved goes quite far beyond that. Just as one example, globalization and its effect on higher education is massive. There are a couple of major theories and trends and some of them are rather different in nature. For example, there is what is as the convergence thesis. This thesis explains and asserts that there is a shift towards homogenization. In other words, there is an attempted fusing of multiple cultures and ...
The global economy is dynamic and changes all the time at a very fast rate. The change is characterized by globalization, investor demands and ever changing customer behavior. It is necessary for organizations to strategize their business operations so as to cope with the changing economic environment. International trade has brought business demands that include new technologies and robust transport systems. The entire system requires professional input in form human resources. This is due to the demand for quality service delivery and in other aspects of the business. This is essential for the firms to remain relevant and competitive in ...
Question # 1: Decision Making
Decision making is considered as a core process for any business’s management. The decision making is a process of selecting the best decisions needed by the business to reach towards its preset of objectives and goals (Boundless, 2015). It helps the management in solving the problems faced by business in eight simple steps of identifying the problem, developing and selecting the alternatives solutions for the problem and evaluating the decision effectiveness in solving the problem (Robbins & Coulter, 2012).
There are two types of decisions made by the managers of a firm. These decisions are based on the type of problems a ...
Question 1
In the morning of briefing, Andrea should opt for the Informational model justice dimension. The situation forcing Blaze to undertake downsizing is apparent, and the reality cannot be hidden from the employee. This means that facing the reality and communicating to the retained employees in a very just and open manner is the only way forward. Accordingly, adoption of the informational justice aspect that demands the practice of the justification rule becomes necessary. Andrea should attempt to explain the decision-making procedures adopted by the company and their consequences in a broad and logical manner. Importantly, she needs to make the remaining ...
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Change Model for Short-Term Change
The planned change is to set-up a website to sell-off long-standing inventory items. This change is small and specific and would involve only a small number of people. For this kind of scenario, the Action Research would be suitable (Weiss, 2016). It has been proven effective for planned change for small to medium-scale change interventions. It can allow implementers to immediately go into planning and implementation through data collection and analysis.
The project leader will also act as a change consultant to effect the implementation of the website. His first task is to identify impacts of ...
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Introduction
The business is growing continuously and so is the competition. To discuss the issues, the World Economic Forum gathers annually in China. The challenge for nascent businesses has led many to consider downsizing or even shifting their business where costs are lower.There are five management stages when a closure or downsizing of an organization is planned.
Stage 1: Managing corporate band name/legacy
There are two prime concerns in stage 1. The first concern for downsizing a business is to plan a management decision such that everyone is convinced for the need to downsize. The ...
Downsizing refers to the lasting cutback of a company's human workforce and is usually associated with corporate restructuring. Corporate restructuring results from both declining economic conditions and making company corporate decision to eliminate part of the workforce in order to cut down costs and uphold definite levels of profitability (Menn, 2005). Companies may lay off a fraction of their workforce in response to such inevitable changes as a slowed economy, mergers and acquisition with other companies, the cutting down of product lines, distributors forcing value concessions from their given suppliers and many other events that may have a negative impact on the performance ...
Plan to prioritize staffing within your patrol division by providing appropriate coverage with a reduced staff in keeping with the department’s mission statement.
With the reduced staffing, the patrol division would have to undergo slight changes in their schedules. The number of officers manning a certain area would remain the same. However, the number of hours an officer spent on patrol would relatively increase attracting an overtime till the economic status in the organization adjusted. As such, the mission statement would be upheld maintaining community policing and improving the public safety in the community.
Prioritize job functions and ...
Writing Goals and Objectives
For decades, our facility has served as an employer to a variety of professionals across all diversities. The management believes that it is one of the best employers at the state and national levels. Our diverse workforce has created a unique environment for quality service delivery. Their dedicated servitude helped promote the hospital into becoming a regional hub for essential services that worked in tandem with the area’s ever-growing demand. However, recent cutbacks have seen the management seek to implement a series of cost-cutting measures for operational efficiency.
Currently, I am under instruction from management to reduce the ...
Introduction: (purpose and outline of report)
This report has been necessitated by the recent developments on Osprey Insurance markets. The UK based company which boasts of a 10,000-people workforce has faced stiff competition in the market from other companies. Following this competition and the company’s desire to save a minimum of £25 million in the next two years, the company tasked Paul Scott, its Head of HR and Organisational Development, to table a report that would further be scrutinised by the company’s Corporate Management Team. The report was to show what measures the company was supposed to adopt in order to realise these new goals. ...
Workforce Reductions
Workforce Reductions
Workforce reduction is considered a downsizing strategy that directly affects the workers and employees of the company. The strategy is used as a result of slump in demand or to improve the operational efficiency of the company. The key reasons of workforce reduction include heightened competition, changing markets and gaps in the employment laws. In addition, improvement in the cash-flow, stakeholder expectations and overcapacity/poor management lead to massive layoffs to gain short-term profits and value (Rogovsky, 2005). The workforce reduction as a strategy of the company has both positive and negative impacts.
Positive Consequences of Reduction in Workforce
There are some positive consequences ...
The junior staff all knew about it. I was the only one who had not heard about what the human resource was planning to do. The IT department would have to suffer a big blow in terms of getting new employees. The human resource department has recommended that a few heads should roll in light if the recent drop in performance. That was not the only reason as I came to find out. The company had to tighten its budget to fit in other projects that seem to be more lucrative to the organisation. This did not sit well with me ...
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The possible cause of the company’s decline is because the popularity may have fallen due to seasonal changes in the market demand. The Italian furniture market may be saturated with other marketers making the consumers have a variety of sellers. The other thing that would have caused the decline on the profits is due to increased expenditure. This may be due to the hiring of trained and more staff in the business. Also, maintaining the business in a strategic locality may lead to increased expenditure due to increased bills (Thompson, 2010). Market fluctuations could also have led ...
Question 1: What constitutes the organization’s general environment? How would this impact on decisions made by a change agent?
Organization’s general environment is all the external forces that either affects a department or an organization as whole. It is made up of technology, legal and regulatory, economic, political, social and ecological elements. It affects decisions made by change agents indirectly or directly. For instance, economic meltdown directly affects demand for organization’s products by lowering products demand. It can as well indirectly influence decisions made by change agents’ because of its linkages with the external agents. When the elements are high, the organization is restricted and thus becomes responsive
Question 2: Through what strategies do organisations gain ‘ ...
There are numerous factors that make managers and leaders successful in the business world. One of the most important aspects of business leadership is allowing communication to flow up and down the chain of command; while not every idea is implemented, it is important that employees understand their concerns will be listened to in order to maintain a successful work environment. Leaders, therefore, build a transparent environment and make themselves available to their employees and other high level business people. In addition, business leaders must work on relationship building between other business leaders in order to foster good relationships ...
The book brings to the attention the growing culture of job insecurity in the Wall Street. The dream of every competent American is to have the best job as well as the best pay for their services. Such dreams are often shattered by a culture that tends to lean much on the short-term returns rather than long-term aggrandizement. As a result, investment bankers have adopted a culture of constant worker layoff even in times when there is no crisis. In the view of the author, the building culture of the short-term boom as a model of success in the ...
Delta Airlines
I. Problem
This case describes the challenging strategic decision about downsizing in Delta Airlines where 2,000 employees were laid off in 2011. According to Freed (2011), the layoffs have been undertaken as the high fuel prices have sliced the Airline’s profits in half; thus having 70 percent of the earned money cover for fuel alone.
II. Alternatives to the problem
Among the alternatives to having layoffs are the following:
a. Expansion
In times of great crisis where many of the airlines are choosing to downsize, expansion can help gain more profits in the long run since the competition is slowly depleting.
b. ...
Potential Legal Issues: A Case Study
There may be times when a company experiences a financial crisis and considers the need to downsize the employee base. However, there are a number of issues for management to consider in the selection and manner in which terminations are performed. In order to avoid litigation based on discrimination wrongful termination, and violations against laws within the Department of Labor, a company follows strict procedures. Attention to incentives for early retirement, severance packages, signing of waivers, and documentation that will hold up in court should a lawsuit arise can save a company significant time and money.
Following are examples of potential violations in the ...
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RE: SOLUTIONS TO THE INCREASE IN THE MINIMUM WAGE RATE
The decision by the local legislators to increase the minimum wage rate from $7.25 to $7.75 may lead to a high increase in the cost of production of the company thus affecting its revenues. Although the new policy may not be good news for the company, it may work in its favor in the long term. This brief examines how the increase in the minimum wage rate by $0.50 will positively affect the ...
When a company dismisses the employee either permanently or temporarily for several reasons, then it is called layoff. In the past, the term layoff was understood for the temporary dismissal of the employees but nowadays it also includes the permanent dismissal. There can be several reasons for temporary dismissal of the employees like economic conditions, economic cycle, production shifts and several other reasons. The employees who are temporarily laid off can join the organization back when the situation improves, or their behavior improves as per the organization requirement. Seasonality nature of the work can also cause the temporary layoff. ...
Uber Merger and Acquisition Strategy
Uber has been experiencing a huge competition from Didi Chuxing in the Chinese market. The tag of war between Uber Technologies Inc. and Didi Chuxing has led to Uber losing at least $2 billion in the Chinese market in the past two years. Uber is not only facing huge competition from other companies in China but also in other developing countries more so in Africa and Asia. The only market that Uber has made a consistent profit is the United States and Canadian market.
According to Wang (2016), the main reason Uber has faced a huge competition in China ...
Imperial Oil, founded in 1880 is a giant petroleum producing company, with its headquarters located in Calgary, Canada. It is the second largest integrated petroleum company in Canada and has registered a phenomenal growth since its inception. Its operations consist of exploring and producing oil, manufacturing and distributing petroleum products for energy sources, producing chemicals for industrial and domestic use through innovative and sustainable technology. ( Annual report, 2016) reports a cash generation of $22 bn from operations only during 2010-2015. Its performance can be evaluated from the growing dividends paid to its shareholders in last 21 consecutive years. Imperial ...
Abstract
The drive for conducting this research is to establish the importance of HRM as a strategic partner in an organization. A strategic partner is a party who legally agrees to work with the other party in order to achieve set goals. The first part of this research involves identifying the importance of having HRM as a strategic partner. They include, but not limited, to recruiting and maintaining the right talent, reduction in undesirable turnover and overall success for the organization. The second part identifies how HR can transform to a strategic business partner. The research shows that it is ...
Q1. Most contemporary Australian organisations any set of generic best practices'.
Ans. 1. In today’s highly competitive framework, organizations need to develop and maintain competitive advantages and this could be acquired through developing efficient and committed work forces that have the capability to perform in accordance with the specific organizational goals. So strategies befitting institutional context would be appropriate for mobilizing the work forces in to desired action. High commitment human resource strategies are found to be effective in improving organizational performances especially by motivating the work forces to perform in alignment with the organizational requirements. ...
Introduction
Competitiveness both in terms of product and or service quality and pricing can spell the different between a continuously growing business and a stagnant one that is ready for some downsizing. Naturally, businesses who know how to market their product well by setting the prices right and making sure that the customers get the highest value that they deserve in terms of quality are the ones that would most likely thrive. Their market share would naturally be higher compared to companies that offer poor value propositions in terms of pricing and product and or service quality. This principle, in fact, applies ...
The interview subject in this case is a job seeker who resides in the United Kingdom. The study seeks to find out how the Eurozone Crisis has impacted the job seeker because this economic situation has had an immense impact on the economy of the UK. The Eurozone crisis has been a continuing crisis which has affected a majority of countries in the European Union since the beginning of 2009. The crisis was caused by a combination of multifaceted factors which include; the financial crisis of 2008, globalization of finance, real estate bubbles, international trade imbalances, fiscal policy strategies relating to government spending ...
The issue of unemployment is even more common in the society today as the increase in recession and the changes in the global market continue to impact the employment rate in the country. Imagine having a steady job with solid health benefits, exceptional salary, great vacation package, and a six work. But one morning, there is a letter expressing extreme gratitude for the fifteen years of service while the ending indicates a termination of the current services. The horror of this situation reaches a number of individuals on a daily basis, and there is often an emotional and psychological breakdown as one wonders at the ...
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Introduction
Nations all over the world need individuals with proper skills and training required to do certain jobs in order to become efficient contributors to the growth of the economy. Yet at present, the society and government are confronted with substantial challenged. Among these challenges include but are not limited to the following: poor literacy level and shortage of skills. Shortage of skills include: literacy skills; numeracy skills; problem-solving; decision-making; technical skills; vocational skills; leadership; management; planning; interpersonal; communication; social; facilitation; negotiation; critical thinking; marketing; entrepreneurial; income-generating; and awareness of political, legal, and social. A lot of these ...
According to Kathawala, Zhang, and Shao (2005), the term outsourcing has its roots in the mid-1980s, yet the idea of hiring employees to carry out specific jobs in firms has been in existence for the past hundreds of years. Outsourcing is everywhere in business in large and small firms, complex and simple businesses alike. In the 1900s, the practice was only specific for labor intensive and productive tasks in firms and other activities that fell outside the core competitiveness of a firm. In the recent years, the outsourcing market has changed dramatically with the emerging phenomenon now becoming a common and ...
Introduction . 3
Overview of Company. 5
Activity Based Costing 6
Standard Costing .. 9
Future Projects . 10
Summary and Conclusion 11
Reference .. 13
Introduction
It has always been the objective of the firm to encourage cost minimization as possible so as to enjoy the benefits of increased profitability which is the ultimate goal of many organizations. However, it is also prudent to note that these organizations would be required to make a choice of the most efficient costing methods to be adopted in the organizations business operations. Hence, the study shall undertake an in depth research so as to ...
- Determine how you might reduce involuntary turnover if you were top human resource manager.
Involuntary turnover happens when the company initiates the leaving of an employee. It could occur as a result of poor performance, violation of workforce ethical standards and policies, no reasonable absence and others. Involuntary turnover is a synonym of contract termination, firing or discharge. Many studies show that the main factors affecting involuntary turnover are recruitment processes and employee performance monitoring. In this context, the best way of reducing involuntary turnover is the precise recruitment selection. A top human resource manager should test and select ...
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Introduction
According to Richard Sennett, people are working in conditions where they have to cope with layering, flexibility among other new concepts. Jobs in the ‘New Economy’ offer new opportunities that can satisfy a worker’s needs but which cause oppression, physical and emotional disorientation to them. Employees offer loyalty and commitment while they lose values and personal traits that are necessary in the society. The first aim of this paper is to analyse and make a decision whether the modern way of working is too difficult to get a life. The second aim is ...
In the 1850s, North America experienced a vast westward expansion of its population, as well as an enormous boon in physical and material growth. At the end of the decade, though, came the expectation that news of a civil war was soon to erupt, and that signified an increased and immediate need for information traveling to and from the western part of the country (Walker, 2012).
At this time, messages from the eastern seaboard heading to California initially went by boat to the isthmus of Panama. It was then moved over land and placed again on a steamer ship, which went ...