Responsible restructuring : creative and profitable alternatives to layoffs / Wayne F. Cascio.

Format:

Book

Author/Creator:

Cascio, Wayne F.

Language:

English

Subjects (All):

Corporate reorganizations.

Corporate reorganizations--Case studies.

Employees--Training of.

Employees.

Organizational effectiveness.

Employees--Dismissal of.

Physical Description:

xv, 127 p. : ill.

Edition:

1st ed.

Other Title:

Creative and profitable alternatives to layoffs

Place of Publication:

San Francisco, Calif. : Berrett-Koehler Publishers, c2002.

Language Note:

English

System Details:

text file

Summary:

Firms that restructure through downsizing are not more profitable than those that don't, and often end up hurting themselves in the long run. Responsible Restructuring draws on the results of an eighteen-year study of S&P 500 firms to prove that it makes good business sense to restructure responsibly-to avoid downsizing and instead regard employees as assets to be developed rather than costs to be cut. Wayne Cascio explodes thirteen common myths about downsizing, detailing its negative impact on profitability, productivity, quality, and on the morale, commitment, and even health of survivors. He uses real-life examples to illustrate successful approaches to responsible restructuring used by companies such as Charles Schwab, Compaq, Cisco, Motorola, Reflexite, and Southwest Airlines. And he offers specific, step-by-step advice on what to do-and what not to do-when developing and implementing a restructuring strategy that, unlike layoffs, leaves the organization stronger and better able to face the challenges ahead.

Contents:

Restructuring in perspective

The financial consequences of alternative restructuring strategies

A baker's dozen myths versus facts about downsizing

The case for responsible restructuring

Responsible restructuring : alternative strategies

The virtues of stability

Responsible restructuring : what to do and what not to do.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references and index.

ISBN:

9786613268532

9781283268530

1283268531

9781605095677

1605095672

OCLC:

774026774