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| Author: | Drew, S. |
| Title: | Downsizing to improve strategic position |
| Journal: | Management Decision
1994 : VOL. 32:1, p. 4-11 |
| Index terms: | LARGE BUSINESSES ORGANIZATIONAL CHANGE STRATEGY |
| Language: | eng |
| Abstract: | Downsizing is one of the most disruptive and dramatic types of organizational change which most leaders are likely to experience. A poorly executed downsizing operation can traumatize a company for years and lead to unexpected results. The costs of accompanying mistakes or oversights may be horrendous. Despite the risks, a tremendous number of organizations have embarked on systematic downsizing. This article reports on downsizing strategies in a group of large Canadian comanies, including several large multinationals, and presents some suggestions for improving practice. |
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