Downsizing.
This article focuses on downsizing and reviews selected research on
organizational change. Addresses the issues of "survivors",
and also covers the strategic concerns in planning a downsizing
operation and attempts to determine some specific reasons why some
companies succeed at downsizing while others do not. Discusses an
organization's context, composed of culture, level of trust and
level of leadership, since it has a profound effect on a company's
downsizing strategy. Examines case studies of Compaq Computer, the State
of Oregon, and Patagonia and supports the need for the concerns of the
surviving employees to be heard. In the case of these downsizings, the
surviving employees were successfully shown that they should not feel
victimized by the downsizing process, but instead should see this
process as an opportunity for personal growth.
COPYRIGHT 1999 Society of Management Accountants of Canada
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999 Gale, Cengage Learning. All rights reserved.
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