When to Restructure
To restructure or not to restructure? When to restructure is the question many a business is forced to ask at some point during their life cycle. The mere discussion of corporate reengineering can cause fear, anxiety, and in some cases even panic. This is so much the case that some CEOs will avoid restructuring initiatives at all costs. There are even some business theorists that warn against…
Workforce Reduction…
Workforce reduction is not an operating strategy...Regrettably, tough economic times are often the precursor for ushering in massive rounds of corporate downsizing, rightsizing, layoffs, corporate restructurings, and the like. Reducing headcount in an economic downturn is almost a Pavlovian response for many executives. It's as if workforce reduction is priority number one in some corporate…
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