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Process and Barriers of Restructuring - Turnaround Strategies & Corporate Restructuring
Strategic Management - Strategy Formulation
Process and Barriers of Restructuring - Turnaround Strategies & Corporate Restructuring
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According to the American Management Association (AMA) survey, the common process adopted by a majority of the responding units was decentralization of decision making.
Process and Barriers of
Restructuring
According to the American Management Association (AMA) survey, the common process adopted by a majority of the responding units was decentralization of decision making. Retraining and redeployment of staff was the second most important process of corporate restructuring in the private sector.
Flattering of organizational hierarchies was found to be the next important restructuring process adopted by companies. This was of
The major barrier to restructuring has been the cost of doing it. In private sector lack of accountability for key performance indicators is also one reason. Some top managements lacked entrepreneurial skills. Salary structures based on seniority, which need to be changed to performance, related structures are the next immediate barriers. Contrary to general impressions problems of labour are not serious barriers to restructuring
According to the American Management Association (AMA) survey, the common process adopted by a majority of the responding units was decentralization of decision making. Retraining and redeployment of staff was the second most important process of corporate restructuring in the private sector.
Flattering of organizational hierarchies was found to be the next important restructuring process adopted by companies. This was of
The major barrier to restructuring has been the cost of doing it. In private sector lack of accountability for key performance indicators is also one reason. Some top managements lacked entrepreneurial skills. Salary structures based on seniority, which need to be changed to performance, related structures are the next immediate barriers. Contrary to general impressions problems of labour are not serious barriers to restructuring
Tags : Strategic Management - Strategy Formulation
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