Defusing Downsizing

Topics:
Risk Analysis and Management
Tags:
Downsizing,
Human Resources,
Management,
Risk,
Strategy,
Workforce Management
Source:
Penton Media

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Overview: Cutting employees is often necessary, but it's a risky process. Sizable work force reductions always carry big risks. This article describes the various risks that are involved with employee downsizing and how to keep these risks in line. It classifies the risks inherent in decisions to cut staffing into three buckets: potential damage to strategic objectives, cost concerns and work force issues. It also tells that how to use downsizing as a strategy and various steps can be used while planning a downsizing.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Date: Dec 2002 | Pages: 8


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