Downsizing

Lecturer: Nguyễn Thị Minh Hiếu Students: Nguyễn Tuyết Nhung Nguyễn Thị Như Ngọc Nguyễn Thanh Hằng Tutorial: 2 – BA06

Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object]

What is downsizing? ,[object Object],[object Object]

Reasons behind Downsizing 15% Tranfer work to other plants or abroad 18% New technology 27% Making better utilization of staff 40% Economic downturns

Downsizing strategies Workforce Reduction early retirement transfers Job banks attrition lay-offs firing 1 Organizational Redesign eliminate functions cut hierarchical levels drop divisions or products consolidate or merge units reduce work hours lengthen shifts Systemic Strategies as a way of life ongoing process continual improvement simplification enroll employees to generate and implement accountability 2 3

Common outcomes of downsizing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],(US News & World Report, 12-20-93)

[object Object],[object Object],[object Object],[object Object],About 68% of all downsizing, restructuring, & reengineering efforts are not successful

Company History/ Background ,[object Object],[object Object],[object Object],[object Object],[object Object]

Company HRM’s circumstance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

HR Problem ,[object Object],[object Object],[object Object],[object Object],[object Object]

Events ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

advantages and disadvantages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Recommendation ,[object Object],[object Object]

Downsizing

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Downsizing