Cover image for Responsible Restructuring Creative and Profitable Alternatives to Layoffs.
Responsible Restructuring Creative and Profitable Alternatives to Layoffs.
Title:
Responsible Restructuring Creative and Profitable Alternatives to Layoffs.
Author:
Cascio, Wayne F.
ISBN:
9781605095677
Personal Author:
Publication Information:
San Francisco : Berrett-Koehler Publishers, 2002.
Physical Description:
1 online resource (148 p.)
Contents:
List of Exhibits; Preface; Acknowledgments; 1 Restructuring In Perspective; 2 The Financial Consequences of Alternative Restructuring Strategies; 3 A Baker's Dozen Myths versus Facts about Downsizing; 4 The Case for Responsible Restructuring; 5 Responsible Restructuring-Alternative Strategies; 6 The Virtues of Stability; 7 Responsible Restructuring: What to Do and What Not to Do; Endnotes; Index; About the Author;
Abstract:
Firms that restructure through downsizing are not more profitable than those that don't, and often end up hurting themselves in the long run. Responsible Restructuring draws on the results of an eighteen-year study of S & P 500 firms to prove that it makes good business sense to restructure responsibly-to avoid downsizing and instead regard employees as assets to be developed rather than costs to be cut. Wayne Cascio explodes thirteen common myths about downsizing, detailing its negative impact on profitability, productivity, quality, and on the morale, commitment, and even health of survivors. H.
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