Restructuring
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can assume a variety of forms, of which employment downsizing is
probably the most common. Companies can restructure by selling or
buying plants or lines of business, or by laying-off employees.
, The new competitive realities
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The shift from vertically integrated hierarchies to networks of specialists.
The decline of routine work, coupled with the expansion of complex jobs
that require flexibility, creativity, and the ability to work well with people.
Pay tied less to a person's position or tenure in an
organization and more to the market value of his/her skills.
A change in the paradigm of doing business from making a product to
providing a service, often by part-time or temporary employees,
Outsourcing of activities that are not core competencies of a firm.
The redefinition of work itself: constant learning, more higher-order
thinking, less nine-to-five mentality.
Adjustment
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comprise activities intended to maintain compliance with the organization's
HR policies and business strategies.
Reengineering
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The fundamental rethinking and radical redesign of business processes to
achieve dramatic improvements in cost, quality, and speed.
Give this one a try later!
can assume a variety of forms, of which employment downsizing is
probably the most common. Companies can restructure by selling or
buying plants or lines of business, or by laying-off employees.
, The new competitive realities
Give this one a try later!
The shift from vertically integrated hierarchies to networks of specialists.
The decline of routine work, coupled with the expansion of complex jobs
that require flexibility, creativity, and the ability to work well with people.
Pay tied less to a person's position or tenure in an
organization and more to the market value of his/her skills.
A change in the paradigm of doing business from making a product to
providing a service, often by part-time or temporary employees,
Outsourcing of activities that are not core competencies of a firm.
The redefinition of work itself: constant learning, more higher-order
thinking, less nine-to-five mentality.
Adjustment
Give this one a try later!
comprise activities intended to maintain compliance with the organization's
HR policies and business strategies.
Reengineering
Give this one a try later!
The fundamental rethinking and radical redesign of business processes to
achieve dramatic improvements in cost, quality, and speed.
