Changing its organizational structure, which can involve shifting direct reports to a different manager, reallocating resources to other parts of the business, etc.What is company restructuring?Ĭompany restructuring is a corporate management term that broadly refers to a company doing one of the following: If you’re shaking up an entire company, the key to success is planning and communication. That's why a company reorganization process must be undertaken with sensitivity, strategy, and foresight. In fact, more that 80% of org restructures fail to deliver the hoped-for value in the time planned, and 10% even cause real damage to the company. It’s no wonder that, without proper planning, the company reorganization process can go very wrong. Restructuring a company is just as simple as reorganizing a small country.
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