Wednesday, March 15, 2006

Cascio on responsible restructuring

Members may like to inform themselves on the implications of restructuring by way of the following article:

Cascio, Wayne F. "Strategies for responsible restructuring." The Academy of Management Executive 19.4 (Nov 2005): 39(12).

The journal can be found in the central library at HD 28 .A168 e (level 11).

The article is a compendium study of 500 US firms, and states: "The purpose of this article is to suggest several alternative approaches to restructuring. In contrast to employment downsizing, a strategy that regards people as costs to be cut, a responsible restructuring strategy focuses on people as assets to be developed. This focus recognizes that people are the source of innovation and renewal, especially in knowledge-based organizations..."

(with thanks to the organiser for the reference)

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