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Process of downsizing

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Process of downsizing

  1. 1. Process of downsizing<br />
  2. 2. Process of downsizing<br />Rule 1<br /> there is a greater need for communication and coordination during downsizing,various tools of communication such as letters memos notices etc<br />Rule 2<br /> every effort should be made to try other options .the employees must be convinced that the organization is downsizing as a resort, after having tried all other possibilities<br />
  3. 3. Rule 3<br /> organizations have to generous and justify their actions. the criteria for removing people should be fair and justified <br />Rule 4 <br /> organizational have to take care of people, who are leaving the organization they should be provided outplacement services alone with several benefits<br />
  4. 4. Rule 5 <br /> after the downsizing exercise make the required changes in positions and redirect the employees efforts, their roles can be modified ,<br />
  5. 5. Area affected by downsizing<br />Employee attitude and morale<br />Quality<br />Profitability<br />Society<br />Customer service<br />
  6. 6. Concept of turnover<br />The rate at which the employees join and leave an organization is called turnover<br />There are a number of costs involved when there is a high turnover of employees <br />Hiring costs<br />Training costs<br />Loss of production and man hours during the period of absence of employee<br />Turnover can be categorized as functional or dysfunctional<br />

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