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| Author: | Westerman, J. G. Sherden, W. A. |
| Title: | Moving beyond lean and mean |
| Journal: | Journal of Business Strategy
1991 : SEP-OCT, VOL. 12:5, p.12016 |
| Index terms: | LAY-OFFS RATIONALISATION RESOURCE ALLOCATION COST REDUCTION COMPANY PERFORMANCE OPTIMIZATION |
| Language: | eng |
| Abstract: | The goal of many companies is becoming lower-cost producers by downsizing. But traditional downsizing strategies often ignore the fact that corporate resources are inefficiently deployed. Here is a six-step approach to realigning, eliminating, and reallocating resources to improve overall operations. Step 1: reorganize around business lines. Step 2: evaluate business line viability. Step 3: restructure remaining business units. Step 4: optimize business unit operations. Step 5: restructure internal suppliers. Step 6: managerial restructuring. |
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