By Nikolai Rogovsky
Both civil society and the industry are difficult that advertisement corporations workout a socially delicate method of the best way they behavior company and deal with their staff, relatively after they are restructuring. frequently, even if, there's little social discussion or attention of affected staff' pursuits through the downsizing procedure. This ebook deals invaluable instruments and suggestions on how businesses can reduce the social charges in the course of those classes of restructuring whereas maximizing fiscal output. Replete with a variety of examples and case experiences that includes stable perform, this booklet demonstrates what percentage businesses worldwide have controlled restructuring in a socially delicate demeanour with international luck. the quantity highlights how a good end result is basically decided via the standard of labor-management family members, which has been confirmed able to mitigating the unwanted effects of restructuring. The ebook information options reminiscent of counseling, education, inner and exterior task looking, mobility, and severance applications. The booklet additionally analyzes a few of the levels of the crew aid procedure and the guidelines and ideas in the back of socially delicate firm restructuring.
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Extra resources for Restructuring for Corporate Success: A Socially Sensitive Approach
Example text
The message is clear. Particularly in times of economic crisis, prudent management decisions can lay the foundation for a soaring business. Apart from social costs, workforce reduction is an option that may prevent the company from ascending to new heights in the future – and therefore the one to consider most carefully. Vacuums don’t fly. 23 Restructuring for corporate success • a process that focuses on streamlining and eliminating work as a basis for reducing the number of jobs (investment in labour-saving technology, reengineering business processes, restructuring of logistics systems, or outsourcing).
Non-discrimination Any distinction, exclusion or preference made on the basis of race, colour, sex, religion, age, political opinion, national extraction or social origin which has the effect of nullifying or impairing equality of opportunity or treatment in employment and occupation (in our case displacement) is discriminatory. Therefore, displacement decisions should not be made on the basis of these criteria, but through business analysis only. g. HIV/AIDS). Here again, guidance can be drawn from ILS.
Particularly effective in this area are outplacement consultancy firms, which specialize in helping redundant managers find employment.