Responsible Restructuring: Creative and Profitable Alternatives to Layoffs

Cascio, Wayne F.

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ISBN 10: 1576751295 ISBN 13: 9781576751299
Published by Berrett-Koehler Publishers (edition 1), 2002
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Synopsis:

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. He uses real-life examples to illustrate successful approaches to responsible restructuring used by companies such as Charles Schwab, Compaq, Cisco, Motorola, Reflexite, and Southwest Airlines. And he offers specific, step-by-step advice on what to do-and what not to do-when developing and implementing a restructuring strategy that, unlike layoffs, leaves the organization stronger and better able to face the challenges ahead.

About the Author: Wayne F. Cascio has written extensively about employment downsizing and restructuring, and has consulted with a wide variety of firms on six continents. He is past chair of the Human Resources Division of the Academy of Management, past president of the Society for Industrial and Organizational Psychology, and is currently a professor of management at the University of Colorado-Denver.

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Title: Responsible Restructuring: Creative and ...
Publisher: Berrett-Koehler Publishers (edition 1)
Publication Date: 2002
Binding: Hardcover
Condition: Good
Dust Jacket Condition: Dust Jacket Included
Edition: 1.

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